Informa Markets Hosts the 28th Edition of Food Ingredients Asia in Indonesia, Showcasing ASEAN as a Leading Global Food Supply Hub
Indonesia played host to the grand opening of Food Ingredients Asia, the largest food and beverage ingredients technology and innovation exhibition in ASEAN. Organized by Informa Markets, the event brought together industry players from 76 countries to showcase the region’s potential as a leader in global food supply hub and address future global food crises.
Ms. Rungphech Chitanuwat, Regional Portfolio Director – ASEAN, Informa Markets, revealed that Thailand plays a significant role and has the potential to be a global food supply hub. This year, Food Ingredients Asia 2024 was held in Indonesia due to the country’s substantial food industry, valued at US$280 billion USD in 2024 and growing at a rate of 6.12% annually. The bakery and cereal market, in particular, is highly popular among Indonesian consumers, with a market value of $51.99 billion USD in the same year.
“In spite of this year’s event being held in Indonesia, Thai entrepreneurs are not being left out. Indonesia’s large population and high consumption rates present a significant opportunity for all participants, including food and beverage manufacturers, researchers, and food technologists from both Thailand and abroad. This event serves as a platform to stay updated on evolving food trends, align with global food crisis responses, and explore future market expansion strategies.”
“Global consumer behaviors are shifting towards healthier options, such as reduced sugar and salt content, higher energy, and lower calorie products, while still maintaining delicious flavors. Additionally, societal changes, such as Thailand’s aging population, are influencing consumer preferences. Food Ingredients Asia 2024 is a crucial platform for Thai and international businesses to showcase their capabilities and build networks. The key challenge lies in tailoring products to meet evolving consumer demands to enhance product value.”
Food Ingredients Asia 2024 in Indonesia is the largest food and beverage ingredients technology and innovation exhibition in ASEAN. This event brings together industry professionals, suppliers, and manufacturers from around the world, serving as a hub for networking, knowledge sharing, and exploring new business opportunities. With a focus on promoting healthy, safe, and sustainable food, the event plays a vital role in driving the growth of the region’s food industry. Key highlights of the event include:
- Bev Hub: Showcasing innovative beverage concepts, new flavors, and sustainable packaging solutions for the ASEAN industries.
- Halal Workshop: Providing essential information on Halal certification processes and market opportunities.
- Halal Coaching Clinic: Offering insights and guidance for Halal businesses by Industry Ministry’s Halal Industry Empowerment Center (PPIH)
- Snack Bar: Showcasing the latest trends in Indonesia’s snack food industry by Natrimarketing. The one-hour tour will highlight the healthy snacks and those containing less sugar or sugar substitution.
- Innovation Tour: Guided tours focusing on sugar reduction, holistic health food concepts, and healthy snack innovations.
- Innovation Zone: Exploring the latest food technology advancements, including new ingredients, sustainable solutions, and clean label products.
- Sustainability Square: Hands-on activities promoting sustainable food practices and participating fun-filled activities by partners with common sustainability stand.
“This event offers Thai businesses a valuable opportunity to showcase their food and beverage innovations. Thai-branded products are recognized for their quality and have the potential to increase in value, especially if they obtain Halal certification. With Southeast Asia’s Muslim population accounting for approximately 42%, Halal certification offers significant market opportunities for Thai businesses.”
“The event is expected to attract over 22,800 attendees, creating opportunities for business growth and networking. Food Ingredients Asia 2024, held at the Jakarta International Expo (JIExpo) from 4-6 September, 2024, is a must-attend event for food industry professionals.”