Consumer expenditure by South Koreans on food, beverages and tobacco reached to US$ 82.7 Billion in 2006 and is forecasted to grow at a CAGR of approx. 8% during 2007 to 2011.
It is expected that fruit consumption will increase at a CAGR of 4.33% for the period spanning from 2007-2011, highest among all the food products taken in this report.
The market will continue to grow, largely contributed by growth in the developing countries such as India and China. Asia-Pacific will have increased activity in terms of production and demand.
India is the fifth largest producer of eggs and ninth largest producer of poultry meat in the world, producing over 34 billion eggs and about 600,000 tons of poultry meat in 2004.
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