Informa Markets in India, India's leading B2B event's organiser 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 from 25th to 27th September 2024 at the BIEC. These vibrant expos stand as the premier B2B hub, uniting the food, health, packaging, and processing sectors in one grand event. Fi India offers an unparalleled chance to discover top-tier ingredients and cutting-edge innovations, perfectly aligned to meet the changing needs of consumers and the industry. Meanwhile, 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 labelling systems, automation technologies, and beyond.
Food Ingredients Market
The India food ingredients market, valued at USD 1.083 billion in 2023, is on a growth trajectory, projected to reach USD 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 colours, flavours, 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 colours, Smart proteins, Enzymes, flavours, which are becoming essential in the market.
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Esta historia es de la edición September 2024 de Food & Beverages Processing.
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