Turnover in food industry to surge 25% this year

THURSDAY, JULY 23, 2015
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Turnover in the food industry will surge 25 per cent to Bt1 billion this year, according to UBM Asia (Thailand) Co.

The event organiser has also identified rising food trends for Food ingredients Asia 2015 (Fi Asia), Asia’s leading food ingredients exhibition, which will be held from September 9-11 at the Bangkok International Trade and Exhibition Centre.

Chairman Manu Leopairote said yesterday that Fi Asia is Asia’s biggest event and is important to the food industry throughout the region. The event has been continuously recognised by leading food organisations.

Consecutively held for 20 years, this year’s rendition is even more special, as it is the 20th event, and it comes to Thailand again after visiting Indonesia last year. Exhibition space has been increased by 40 per cent.

More than 650 exhibitors from 40 countries across the world are scheduled to join the exhibition, which is supported by many organisations, such as the Industry Ministry, Food Processing Industry Club of the Federation of Thai Industries, National Food Institute, Food Science and Technology Association of Thailand, Thai Frozen Foods Association and Thailand Convention and Exhibition Bureau.

Fi Asia is an opportunity for entrepreneurs throughout the region to learn about new technologies from every corner of the world.

The event will result in the development of technology and the productive capacity of the food industry across the region.

This key factor is significant in the way that it enables Asean to become the world’s food hub, as planned.

This year, UBM has been promoting the event by organising roadshows in neighbouring countries, such as Indonesia, Malaysia, Myanmar, the Philippines and Vietnam.

Visitors will enjoy many activities that share knowledge of new innovations, and of appropriate marketing strategies and investments for SMEs and those who would like to invest in other food businesses, he added.