25/03/2022 – Event / Fi Asia / Online / ASEAN / Asia / Ingredients / Bangkok / Jakarta
ASEAN’s largest F&B ingredients event reunited – online & in-person
Fi Asia returns for its 25th edition with ONE event in TWO convenient locations (Jakarta and Bangkok), plus five months online access for all show participants.
The in-person events in 2022 will be taking place from 7–9 September at Jakarta International Expo in Jakarta, Indonesia, and from 5–7 October 2022 at the new exhibition centre ‘QSNCC’ in Bangkok, Thailand. The organisers are also offering a five-month online event solution to support the market.
Indonesia to register over 5% CAGR from 2022–2026
Indonesia boasts the fourth largest population in the world and the Statista Consumer Market Outlook estimates that the country’s food market revenue is expected to register a CAGR of 5.17 per cent from 2022-2026. However, according to Deloitte Indonesia’s Business and Industry Updates, the Covid-19 pandemic has increased consumer concern over the health aspects of food, and has promoted the rise of online grocery shopping. As such, there has been an accelerated consumer shift towards healthier food and beverage options, including unprocessed or minimally processed foods such as fresh produce and ingredients. One prime example of companies exhibiting at Fi Asia Indonesia this year who have embraced this shift is ADM Asia Pacific Trading, who feature functional botanicals in their beverages.
Thailand set to top record-breaking $35bn in export revenues this year
Meanwhile, Thailand is the 13th largest food exporter in the world and the second-largest in Asia due to its high-quality offerings and variety of product lines across different markets. According to the National Food Institute, food exports in Thailand are expected to generate potentially record-breaking revenues of US$35.82 billion this year. It seems clear that even with its small population as compared to Indonesia, Thailand is well positioned in terms of food and beverage production. Nonetheless, to remain so, the country’s economy will be reliant on F&B companies continuing to deliver quality and consistency. Two such companies at Fi Asia 2022 that are already committed to this are SMS Corporation Co., which produces innovative food starch solutions, and Premium Foods Co, which produces dehydrated and frozen products and liquid flavours.
Focus on health, food safety and sustainability
“Consumer behaviour shifted dramatically during the past 25 months of the pandemic, which changed food and consumer trends from pre-pandemic times. These trends encouraged food and beverage producers to be innovative to ensure that the variety of offerings met customer demands. A focus on health, food safety and sustainability are three of those trends that enticed producers to adopt and adapt their food products to consumers,” observed Said Rungphech Chitanuwat, Group Director – ASEA, Informa Market. “Micro ingredients used in food and beverage products are mainly sourced from outside the ASEAN. However, local producers have developed indigenous ingredients that enhance and add value to agricultural raw materials. As such, Food ingredients Asia has grown to become the key driver to create more varieties of food offerings and differentiate them from the competition.”
2 venues to keep ASEAN connected and updated
Many of our show’s participants find it essential to attend Fi Asia to stay connected with the community and do business. This year, Fi Asia 2022 is to be staged in two key locations, Bangkok and Jakarta, to ensure that the hub of the food industry in ASEAN stays both connected and updated. “Food producers and manufacturers from the region can choose to visit whichever location best fits their travel schedule and budget,” the organisers said in a statement. “We expect Indonesian travel restrictions to be more relaxed in the second quarter of 2022.”
Impressive online content platform
In addition to the in-person event in Jakarta and Bangkok, Fi Asia will offer an online content platform to enable the food and beverage community to connect, do business and stay updated easily from wherever they are.
Participants will have access to the online platform for a full five months – starting in June 2022 and ending in October.
Food ingredients Asia – Online, June – October 2022
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