Fi Asia just three weeks away

30 Aug 2016

The 21st edition of Food ingredients (Fi) Asia will take place from 21-23 September 2016 in Jakarta, Indonesia, with over 15,000 visitors and 650 exhibitors expected from 40 countries.

Fi Asia just three weeks away

The 21st edition of Food ingredients (Fi) Asia will take place from 21-23 September 2016 in Jakarta, Indonesia.

According to the organisers, Fi Asia is a unique and proven business platform that brings together leading food and beverage professionals from ASEAN and beyond. Over 15,000 visitors and an expected 650 exhibitors from 40 countries, makes Fi Asia 2016 the region's largest event exclusively for the food ingredients industry, UBM says. Growing by 26% each edition, this continued strong growth in Fi Asia also reflects the robust growth of the F&B sector, not only in Indonesia, but also the ASEAN region. Furthermore, it demonstrates the value that Fi Asia presents both visitors and exhibitors.

Asia Pacific is a huge and increasingly influential market in the supply of food and beverage ingredients. In 2012 the region accounted for 35% of global value added food and drink ingredient supply (equivalent to almost 8.5 million tonnes out of a global total of 24.2 million tonnes). Asia Pacific is also one of the fastest growing regions, with a forecast CAGR of 4% over 2012-2017, which means that by 2017, Asia will have increased its share of the global total to 38%.

Not surprisingly, UBM notes, Indonesia is expected to be one of the strongest ingredient markets in the region during this period. The US Department of Agriculture considers that several factors which are contributing to the growth of the Indonesian food processing industry are the introduction of new flavours and products with variant package sizes, a growing middle class, aggressive promotional activities, the growth of modern retail outlets, and growing health awareness.

Despite the recent economic slowdown, turnover in Indonesia's food and beverage industry stands at about IDR 1,200 trillion (approx. US$87.6 billion) in 2015, up from IDR 1,020 trillion (+17.6% year-on-year) in the preceding year, according to the Indonesian Food and Beverage Association (Gapmmi). Indonesia’s food manufacturing sector is still attracting foreign investors, with an investment value of US$11.9 billion in 2015, based on data from the Indonesia Investment Coordinating Board (BKPM). International investment accounted for 60% of all manufacturing commitments in Indonesia last year. These figures clearly demonstrate the strength of the Indonesia F&B sector, and that Indonesia is no longer seen as just a market for food exports, but more as a production base to many international companies. This increased local manufacturing will drive further demand for food ingredients. Attending Fi Asia 2016 will give international visitors the ideal opportunity to better understand this dynamic market and meet potential business partners

Among the highlights of Fi Asia 2016 is the extensive educational program where visitors will hear from leading speakers who can help them discover innovative products and applications that can transform product and process development, and hear the latest industry trends that will help visitors to grow their business.

When visitors pre-register at www.fiasia.com they will not only receive a visitor badge before the show, saving them from queuing upon arrival, but will also receive a free show directory, as well as a Fi Asia-ASEAN membership that offers free Wi-Fi and VIP lounge access for all Fi shows in ASEAN for 2016 – 2020. Additionally, as a pre-registered attendee at Fi Vietnam 2016 visitors will have free access to the online Business Matching Service. This online matchmaking tool allows visitors to search for and arrange on-site meetings with exhibitors prior to the show.