Informa Markets in India is all set to bring in the 18th edition of the Food Ingredients (Fi India) along with the 6th edition of collocated ProPak India to Bengaluru this year. Scheduled to be held from 25 to 27 September 2024 at the Bangalore International Exhibition Center (BIEC), the expos unite the food, health, packaging, and processing sectors in one event.
Fi India offers a chance to discover top-tier ingredients and cutting-edge innovations, perfectly aligned to meet the changing needs of consumers and the industry. ProPak India showcases a comprehensive array of advanced processing machinery and packaging solutions, featuring a wide spectrum of products, from packaging materials and machinery to labeling systems, automation technologies, and beyond.
Food Ingredients Market
The Indian food ingredients market, valued at US$ 1.083 billion in 2023, is on a growth trajectory, projected to reach US$ 1.82 billion by 2031, with a CAGR of 6.7% from 2024 to 2031. This growth is fuelled by the promising outlook for the Indian food industry, where ingredients are poised to play a pivotal role in the next wave of expansion.
Key drivers include a growing population, rising disposable incomes, the shift to double-income households, urbanization, and improved living standards. These factors are expected to boost demand for natural colors, flavors, additives, and particularly for health-conscious and functional food products.
As lifestyle diseases rise due to changing eating habits, there is a simultaneous increase in consumer awareness regarding the health impacts of certain foods. This has led to a growing demand for health and wellness products, including prebiotics, probiotics, plant base, sweeteners, natural colors, smart proteins, enzymes, and flavors, which are becoming essential in the market.
The expansion in the production of diverse starches, food gums, and texturing ingredients, supported by India’s extensive wheat and corn cultivation, highlights the vast potential for ingredient innovation. While India has a strong foundation for food production, market opportunities akin to those in the Western world are beginning to emerge. To capitalize on this momentum, food ingredient players must accelerate their strategies to keep pace with the rapidly evolving market.
India’s food & packaging industry in focus
The Indian food & beverage packaging market is projected to grow from US$ 35.93 billion in 2024 to US$ 49.27 billion by 2029, with a CAGR of 6.52% during this period. This growth is driven by the increasing consumption of packaged foods, growing awareness of product quality, and the expanding food processing sector, which reduces agricultural waste.
The rise of organized retail, higher purchasing power among the middle class, and the booming online food delivery market, supported by platforms such as Zomato and Swiggy, contribute to this trend. However, the market faces challenges due to fluctuating raw material prices, stringent regulations on plastic use, and the need for sustainable packaging solutions, spurred by environmental concerns. The shift towards eco-friendly packaging, supported by companies like Evirocor, and innovations in nanotechnology to enhance packaging sustainability and functionality, are expected to further shape the market’s growth amid evolving regulatory landscapes.
Speaking on the Fi India and Propak India expos, Yogesh Mudras, managing director, Informa Markets in India, said, “Fi India & ProPak India 2024 is a convergence of innovation, collaboration, and forward-thinking solutions that will shape the future of the food and packaging industries. As new regulations focused on sustainability and safety redefine packaging standards, companies must adapt and innovate to remain competitive. With 75% of global consumers willing to pay more for eco-friendly packaging and 68% expressing concerns about plastic waste, the demand for sustainable practices is undeniable.
“Additionally, the rise in food-borne diseases has heightened health consciousness among consumers, leading to a growing demand for natural ingredients and safer food practices. In response to these evolving trends, this year’s event will provide an unparalleled platform for industry leaders to connect, explore solutions, and drive the transformation of the sector. Bengaluru, being a dynamic hub for food processing and innovation, makes it the perfect venue to host Fi India & ProPak India 2024 once again. The city’s thriving market and strategic importance in the industry will play a crucial role in fostering growth and collaboration among key stakeholders.”
Forging connections in food & packaging industry
Fi India & ProPak India attracts a wide range of attendees, including food manufacturers, producers, distributors, and suppliers, packaging materials providers, machinery and equipment manufacturers, labeling solutions experts, and automation technology providers, along with procurement heads, R&D professionals, food consultants, and government officials providing a fertile ground for networking and business collaboration.
The exhibitors will showcase a diverse array of products, such as herbs, spices, seasonings, food additives, flavors, colors, fragrances, and nutritional ingredients essential for food formulation. Fi India is expected to feature over 240 domestic exhibitors and over 1000 brands along with international exhibitors from Thailand, Japan, Hong Kong, France, Poland, Denmark and Canada. ProPak India will feature over 100 exhibitors and over 500 brands, both expos collectively anticipating to draw over 17,000 visitors.
Leading exhibitors at Fi & ProPak India will include Brenntag Ingredients India, IMCD, Synthite Industries, K.P. Manish Global Ingredients, Novasol Ingredients, Azelis (India), Symega Food Ingredients, and Norex Flavours, Fillpack Technology, Glatt (India) Engineering, Hilda Automation, Starpac, among others.
Fi & ProPak India 2024 is supported by several key industry associations such as the South Indian Education Society, Indian Federation of Culinary Associations, Authentication Solution Providers’ Association, the All India Food Processors’ Association, Association of Food Scientists & Technologists Mysuru & Bengaluru Chapters, Health Foods and Dietary Supplements Association, CASMB, and IBA.
A comprehensive and engaging event
This year’s conference will focus on sustainability and innovation, featuring sessions on the ingredient supply chain, smart protein ingredients, and insights from the Good Food Institute India (GFI) and the Alternative Protein Innovation Center (APIC). The conference will witness 25-30 industry experts delivering 10 to 14 sessions across three days.
Other highlights include the Fi Innovative Product Showcase Zone — A platform for showcasing cutting-edge food and beverage ingredients; Network sessions & fund quest — Presentations by start-up companies and insights from industry visionaries; the Live Demonstrations & Global Trend Zone — Explore global trends and developments in the food and beverage sector; Fi India Awards — The awards will recognize industry leaders and visionaries driving growth and innovation within the food and beverage industry, celebrating excellence and creativity.
IndiFoodBev — authentic, impactful and influential
An English-language food and beverage processing and packaging industry B2B platform in print and web, IndiFoodBev is in its third year of publication. It is said that the Indian food and beverage industries represent approximately US$ 900 billion in revenues which implies more than 20% of the country’s GDP. Eliminating the wastage on the farmside can help to deliver more protein to a higher number of the population apart from generating sizable exports. The savings in soil, seeds, water, fertilizer, energy and ultimately food and nutrition could be the most immense contribution that country is poised to make to the moderation of climate change.
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Naresh Khanna – 10 February 2025
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