China: Food Processing Ingredients Annual
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China was the world’s second largest importer of food in 2024, at $197 billion, with a significant portion going into food processing. The sector grew by 2.2 percent to $1.26 trillion in 2024, with the modest increase reflecting the recent trends of slowing consumer spending and downgraded consumption. The United States was the fourth largest exporter of consumer-oriented products to China in 2024, declining by 6 percent to $7 billion. Despite these headwinds, there remain ample opportunities for U.S. processing ingredients in the China market, such as tree nuts, dried peas, hops, and heat-treated chicken paws.