The US sees growth opportunities in the Angola market

Published 2024년 2월 27일

Tridge summary

Despite economic challenges, Angola presents a significant market for US red meat products, with potential growth in demand for premium and underutilized US beef cuts and beef variety meat. Opportunities are particularly present in the high-end restaurant and hospitality sectors, and there is a need for improved nutrition. The upcoming Regional Agricultural Promotion Program (RAPP) from the USDA, targeting Africa, could further boost US beef's presence in Angola. In 2022, Angola ranked as the seventh largest African market for US exporters, the largest US poultry market in Africa, and the sixth largest globally.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Copeland said that while Angola has had its share of economic challenges, it is well positioned for growth for demand of US red meat products. “From our side, Angola is an important market,” Copeland said. “It has gone through some challenges, but in terms of developed customer base, developed importer base, and people that we already know and trust and have trading histories with, there are a few in those markets that have been incumbent there for quite a long time.” With a wide disparity in terms of wealth, the Angola market is well positioned for premium cuts of beef as well as underutilized US beef cuts and beef variety meat. USMEF noted that there are opportunities in Angola’s higher-end restaurant and hospitality sectors, while there is also a need for nutrition. “There is some buffalo meat from India, the variety meats are there,” Copeland said. “And traditionally when they are there, it’s important for us to take the American product to that market. It’s more consistent, ...
Source: Meat+Poultry

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