Mumbai, Maharashtra India (PressExposure) August 16, 2011 -- Food Ingredients India 2011 is a driving force to India's processed food sector and has a fundamental role in facilitating the industry's only meeting place. Food professionals from India and around the world use this opportunity to learn about the latest industry developments, meet new business prospects and launch new products to gain competitor advantage in the fastest growing food markets of the world. Food professionals come to Fi India in order to view and purchase new ingredients, satisfy consumers' latest nutritional needs and demands. With a rapidly expanding middle class population, now over 300 million (larger than the total population of either the US or the EU), increased urbanization, improved standards of living and the convenience needs of dual income families, "India is the place of opportunities" to achieve future growth.
By bringing the industry together, Fi India allows companies to display their products to thousands of food professionals at once and conduct business in an efficient and effective manner. With the Indian food and beverage market expanding rapidly and expected to touch US$ 330 billion by 2013, there is an emerging trend in the Nutraceutical division.
Nutraceuticals are gaining acceptance globally for their ability to address several diseases. Vitamins, Minerals and Nutrients constitute about 85% of the global market while antioxidants and anti-agents account for 10% other segments such as herbal extracts occupy 5% of the market.
Fi India has emerged as the biggest congregation of the Nutraceutical Fraternity in India over the last five years. Fi India, India's, only focused show on Food Ingredients, is the annual meeting place for the suppliers, food manufacturers, traders and all the additional parties linked to the end consumer. More than 100 exhibitors and 4500 food professionals have experienced the event the last year. Godrej Hershey, Dabur R&D, Parle Agro Private Limited, AB Mauri India, Cadbury India, Saraf Foods, Flex foods, Signet Chemical Corporation, Kamani Oil are a few leading Indian Food companies that participated and visited in Fi India 2010.
"With a view to penetrate deeper, Fi India plans to create a separate pavilion for the Nutraceutical Industry in the show. The Nutraceutical pavilion will concentrate on the areas of Nutraceuticals, Functional Food Ingredients, Dietary Supplement, Health Food Ingredients and Functional Beverages. Exhibitors will be presenting some of their latest research and nutraceutical innovations, keeping visitors updated with the most recent developments in the industry" said Mr. Sanjeev Khaira, MD - UBM India.
Mr. Khaira further added, "Each year in India, around 25 million people join India's urban middle class and their tastes are evolving. Economic growth, interest in global cuisine and the need for convenience are changing the dietary choices of this exciting market. Food Ingredients India (Fi India) has featured new innovative ingredients from India and around the globe and provides different networking opportunities. The event proves to be highly beneficial in India's relationship-driven business culture and provides great value for both exhibitors and visitors. In addition to the exhibition, Fi India will also host a high level 2 day modular conference onsite. Noted speakers will have discussions on diverse topics such as Innovations in Ingredients, Dairy, Bakery, Health & Wellness".
Each seminar will feature in-depth analysis and case studies presented by a line-up of carefully selected speakers from the leading food and beverage manufacturers, ingredients suppliers and research organizations. This specially designed conference will address all queries and concerns related to complex food safety laws, ambiguous health and labeling claims, lengthy registration processes and the exclusion of essential ingredients. The select speakers will also provide technical insights and expert regulatory guidance on meeting global standards and overcoming export and labeling issues. The conference will facilitate visitors to enter new markets and increase market penetration internationally.
Running since 2006, Fi India is the meeting place for all stakeholders of India's Food Ingredients Industry. What started as a small conference in 2006 in Mumbai is now the leading event of the industry, recording continuous growth and bringing together thousands of buyers and sellers every year.