Articles tagged: domestic market 

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The growing processed food market in South Korea written by James Marriot
The food processing industry in South Korea, which is typically a domestic market oriented industry, accounts for a considerable share of national income. The domestic market itself consumes more than 85% of food produced every year. Moreover, almost 88% of grain used as a raw material for processed food is imported from abroad because the prices of domestic agricultural products in Korea are comparatively higher.

Indians Spend 50% of Earnings on Food Purchases written by James Marriot
The Indian government’s primary attention on organic foods has always been weighted toward the global market, leaving the greater mass of home consumers in want. Currently organic agricultural items being produced in India are exported by about 66%. The findings of the Ministry of agriculture in India points that the global market of organic foods is $25 billion and is expected to increase four fold to $100 billion by 2020

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