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AGP Executive Report

Last update: 2 hours ago

Global Food Prices: FAO’s food price index fell 1.2% in October as weaker import demand pulled down cereal, dairy and meat prices. It remains 5.9% above a year ago. Beverage Innovation: New functional drink launches are targeting relaxation, wellness and alcohol moderation, while premium whisky makers lean on heritage and limited editions. Export Growth: Greek yogurt has become Greece’s top export to the UK, with sales surging 67.1%; Greek food exports overall reached £1.32 billion in the first eight months of 2026. Industry Showcase: Food Week Korea brought 963 companies from 47 countries to Seoul, with 1,622 booths focused on food products and industry technology. Market Outlook: India’s packaged food and beverage market is forecast to grow by US$47 billion by 2030. Policy Watch: Japan’s lawmakers advanced a proposal to cut the food and beverage consumption tax from 8% to 1% for two years from April, alongside income-linked cash support.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

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