India: the Future of the Food Industry
India: the Future of the Food Industry
AMSTERDAM, Apr. 12 /PRN=KYODO JBN/ --
India is the new hotspot for sourcing food ingredients and Fi India is
creating the driving change in one of the world's most successful economies.
India is the 2nd largest population in the world, has the 3rd largest
economy and ranks 2nd in the world in terms of agricultural production. It is
no wonder that India is fast becoming an essential player in the global food
ingredients market. AC Nielsen has named India as a hotspot for food
manufacturers, food producers and food ingredient professionals and the country
is now becoming an integral part of the global food ingredient network.
Given this trend, India has become one of the most important destinations
for food investment, with the food industry growing at an annual rate of 17%.
The bridge linking India to the rest of the world is quickly becoming stronger
and Fi India is at the forefront of the action, providing a global portfolio
extending from the iconic Fi India tradeshow to online platforms, magazine
publications and high-level industry specific conferences.
In October 2013, India will play host to this fully dedicated food
ingredients show and Fi India have worked intrinsically to gather hundreds of
the leading food ingredient suppliers plus around 6,000 visitors and industry
professionals. Included in this powerhouse line up are the likes of Cargill,
BASF, Roquette, Matrix, Mafco and many more. This specialised food ingredients
event focuses on innovation and consumer trends, providing a platform for key
professionals from around the world to link to this exciting Indian market.
Mathias Baur, Portfolio Director, Food ingredients Global, provides his
viewpoint: "Following the recent approval of the sweetener stevia in India, Fi
India offers great opportunities for exhibitors to use the Food ingredients
platforms and take opportunities like this, to grow their business and become
market leaders. This is just one example how Fi India helps our customers
strengthen their business, in one of the most important markets in the world."
In addition, the buying power of Fi India visitors has increased by around
20% in previous years, as well as seniority now mainly being CEOs, directors
and presidents. Along with the increased buying power and economic growth, a
relaxation in import policies, growth of organised retailing, increased
urbanisation and an increase in middle class, the lifestyles and food habits
are changing across India. This is opening the doors for imported foods, health
foods and innovative food ingredients from across the globe.
Fi India is aligned in the Food ingredients portfolio strategy to extend
the Food ingredients brand into regions where they have opportunities to engage
with new customers and also present new business growth and opportunities to
their existing client base. With the key focus on customer insight, business
development and innovation and trade in a region with one of the fastest growth
rates in the world, Fi India is a cost-effective platform to source new
ingredients, grow market share and the key stepping stone to entering the
Indian food ingredient market.
About the organiser
UBM Live is a division of UBM plc, which is headquartered in London, UK.
The office in the Netherlands is the organiser of the world-leading Health
ingredients, Food ingredients, CPhi, ICSE and Informex series of food and
pharmaceutical ingredients trade shows. The Dutch office also publishes
International Food Ingredients Magazine and organises related conference
activities. For more information, visit http://www.foodingredientsglobal.com
About Food ingredients
The Food ingredients portfolio hosts the world's leading food, natural and
health ingredients trade shows. Since 1986, the Food ingredients exhibitions
have become the established meeting place for all stakeholders in the food
ingredients industry. Over the last 25 years more than 500,000 people have
attended our shows across the globe and as a result have contracted billions of
euros worth of business deals. For more information about our portfolio of
events and products, please visit
SOURCE: UBM Live