Overview: Fi Asia Thailand 2024
Date & Venue:
Fi Asia Thailand 2024 will be held from September 17-19, 2024, at the Queen Sirikit National Convention Center (QSNCC), located in Bangkok, Thailand. This venue is known for hosting some of the most prestigious international events, offering world-class facilities for exhibitors and visitors alike.
About:
Fi Asia Thailand is one of the largest food and beverage ingredients trade shows in the ASEAN region. Organized by Informa Markets, it connects ingredient suppliers, distributors, manufacturers, and buyers from across the food and beverage industry. With over 30 years of history, this event plays a crucial role in shaping Southeast Asia’s food industry, promoting innovation, sustainability, and growth in the sector.
Industry Segments:
Ingredients & Additives, Finished Food Products, Beverages, Alternative Proteins, Sweeteners & Sugar Replacements, Contract Manufacturing, Pet Food & Animal Nutrition, Import/Export.
Market Size & Overview of the Industry Segment:
Southeast Asia’s food and beverage market is one of the fastest-growing globally, driven by evolving consumer preferences towards healthier, more sustainable, and plant-based products. The region’s food ingredient industry is expected to see significant growth, especially in categories like plant-based proteins and natural additives. Thailand, being a hub for the region’s agricultural and food industries, is projected to play a major role, with the ASEAN food market expected to reach substantial growth figures in the coming years.
The plant-based sector alone is forecasted to reach $1.5 billion by 2024, further signaling the rise of alternative foods.
Attendance & Participation:
Fi Asia Thailand 2024 is anticipated to attract over 21,000 visitors and feature more than 600 exhibitors from 70+ countries. This event gathers professionals from all aspects of the food supply chain, offering unrivaled networking and business opportunities across the ASEAN region and beyond
Who Should Visit:
This event is targeted at a wide range of professionals, including food technologists, product developers, purchasing managers, R&D specialists, as well as CEO-level executives from the food and beverage industry. It is a must-attend for those seeking innovative ingredients, solutions to emerging food trends, and opportunities to connect with suppliers and partners across the globe.
Exhibitor Analysis: Fi Asia Thailand 2024
Top 5 Major Exhibitors:
- Vidya Herbs Pvt. Ltd.- Vidya Herbs Pvt. Ltd. is a leading global producer of herbal extracts and natural ingredients, known for its cutting-edge research and manufacturing capabilities. The company offers a wide range of botanical extracts, oleoresins, essential oils, and plant-based vitamins and minerals for applications in the nutraceutical, food, cosmetic, and animal nutrition industries. With a strong focus on sustainability, Vidya Herbs operates manufacturing facilities in India and maintains a global presence with offices and warehouses across multiple continents.
- KMC - KMC is a Danish cooperative owned by starch-potato farmers, with more than 90 years of experience. It specializes in producing high-quality potato-based ingredients used in food products worldwide. KMC operates in over 80 countries, supplying starches, fibers, granules, and flakes to the food and feed industries. With a focus on sustainability and innovation, KMC is a leader in plant-based solutions, developing products that enhance the taste, texture, and longevity of food products, while promoting greener food production.
- Sarda Gums & Chemicals - Sarda Gums & Chemicals is a leading manufacturer and exporter of guar gum and its derivatives, primarily used in various industries such as food, textile, paper, and pharmaceuticals. Established in 1996, the company is known for its high-quality products and commitment to sustainable and eco-friendly practices. Sarda Gums has a strong global presence, catering to clients across multiple countries.
- K.R.S Spicy Food Co., Ltd. - K.R.S Spicy Food Co., Ltd. is a leading Thai company specializing in the production of authentic Thai sauces, condiments, and spices. Established in 1998, the company has become a key exporter of Thai food products worldwide, focusing on delivering high-quality, flavorful products made from the finest ingredients. K.R.S Spicy Food is dedicated to maintaining traditional Thai flavors while adhering to international food safety standards such as ISO and HACCP.
- Rama Foods Co., Ltd.- Rama Foods Co., Ltd. is a leading Thai manufacturer specializing in air-dried and freeze-dried products. Established in 1977, the company produces a wide range of dried fruits, vegetables, herbs, spices, and instant foods. Their products cater to both domestic and international markets, and they are known for high-quality, natural ingredients and a commitment to excellent customer service.
Participating Countries:
- Total Countries: 33
- Top 5 Countries:
- China – 41%
- Thailand – 22%
- India – 7%
- Singapore – 4%
- United States – 4%.
Major Types of Companies:
- Total Company Types: 81
- Top 5 Company Types:
- Manufacturer – 66%
- Exporter – 60%
- Food Processor – 31%
- Food Manufacturing – 14%
- Distributor – 13%.
Major Product Categories:
- Total Product Categories: 513
- Top 5 Categories:
- Food Ingredients – 43%
- Nutraceutical – 11%
- Pharmaceutical Ingredients – 9%
- Food Additives – 9%
- Sweeteners – 6%.
Major Product Items:
- Total Unique Product Items: 1,694
- Top 15 Product Items:
- Emulsifiers, Sweeteners, Preservatives, Food Additives, Amino Acids, Vitamins, Carrageenan, Herbal Extracts, Nutraceutical Ingredients, Stabilizers, Dairy Products, Proteins, Hydrocolloids, Antioxidants, Spice Extracts.
Interesting Insights: Fi Asia Thailand 2024
Exhibiting Countries of Top 5 Company Types
- Manufacturer: United Kingdom, Denmark, India, United States, Netherlands, China, Germany, France, Italy, Thailand, Singapore, Japan, Malaysia, Belgium, Sweden
- Exporter: Denmark, United States, Netherlands, China, India, Thailand, Japan, Germany, Singapore, Indonesia, France, Malaysia, Spain, Belgium, Italy
- Food Processor: Denmark, Netherlands, Germany, India, Italy, China, Thailand, Malaysia, Indonesia, Japan, France, Spain, Singapore, Belgium, Austria
- Food Manufacturing: China, Malaysia, Indonesia, Belgium, Austria, Thailand, Singapore, Japan, Vietnam, Germany, India, France
- Distributor: China, Thailand, Japan, Germany, Singapore, India, Vietnam, Malaysia, Indonesia, United Kingdom, France, Spain, Netherlands, Belgium
Exhibiting Countries of Top 5 Product Categories
- Food Ingredients: China, Malaysia, Italy, Netherlands, Thailand, Germany, United States, Japan, India, Belgium
- Nutraceutical: China, Netherlands, Lithuania, Austria, Germany, United States, India, Japan, Thailand, Vietnam
- Pharmaceutical Ingredients: Taiwan, China, Japan, Thailand, India, France, United States, Italy, Malaysia, Singapore
- Food Additives: China, Indonesia, Japan, Germany, Thailand, India, South Korea, Malaysia, Belgium
- Sweeteners: Netherlands, China, Thailand, United States, Turkey, India, Japan
Exhibiting Countries of Top 10 Products
- Amino Acids: Thailand, Singapore, China, India
- Carrageenan: China, India
- Emulsifiers: Singapore, Thailand, Switzerland, China, United States
- Food Additives: Taiwan, China, Thailand, United Arab Emirates
- Herbal Extracts: China, India, Thailand
- Nutraceutical Ingredients: China, Thailand
- Preservatives: Thailand, China, Switzerland
- Stabilizers: Thailand, China
- Sweeteners: Japan, Thailand, Singapore, China
- Vitamins: China, India, Thailand
Top 5 Exhibiting Countries and Their Product Details
- China
- Xylitol, Carrageenan, Maltitol, Herbal Extracts, Preservatives, Starch, Emulsifiers, Vitamins, Enzymes
- Exporter, Manufacturer, Food Processor, Food Manufacturing, Distributor
- Food Ingredients, Nutraceutical, Food Additives, Sweeteners, Stabilizers
- Thailand
- Emulsifiers, Sweeteners, Modified Tapioca Starch, Preservatives, Hydrocolloids, Antioxidants, Acidulants
- Manufacturer, Exporter, Distributor, Food Processor, Importer
- Food Ingredients, Pharmaceutical Ingredients, Sweeteners, Food Additives, Nutraceutical
- India
- Granules (Minced, Chopped, Powder), Soya Lecithin, Natural Colors, Spice Extracts, Essential Oils
- Manufacturer, Exporter, Food Processor, Supplier, Importer
- Food Ingredients, Essential Oils, Dehydrated Vegetables, Spices, Plant-Based Ingredients
- Singapore
- Emulsifiers, Sweeteners, Vegetable oils for baking, Proteins, Herbal Extracts, Vitamins, Enzymes, Starch
- Manufacturer, Distributor, Consulting Services, Food Processor, Ingredient Distributor
- Food Ingredients, Plant-Based Ingredients, Flavors, Food Additives, Nutraceutical
- United States
- Micellar Casein, Whey Protein Isolates, Whey Protein Concentrate, Lactose, Hydrolysates, Caseinates
- Exporter, Manufacturer, Food Processor, Distributor
- Dairy, Cheese, Nutraceutical, Flavors, Food Additives
Key Highlights: Fi Asia Thailand 2024
Key Industry Segments:
Fi Asia Thailand 2024 will feature a wide array of industry segments within the food and beverage ingredients sector, emphasizing the diversity and innovation of the ASEAN region. The primary industry segments represented at the trade show include:
- Ingredients & Additives – This segment leads the event, with a strong focus on food ingredients such as emulsifiers, preservatives, and stabilizers. These components are crucial for improving the taste, texture, and shelf life of food products.
- Finished Food Products – With increasing consumer demand for ready-to-eat and processed foods, this segment will highlight the latest trends in convenience foods, including both traditional and plant-based offerings.
- Beverages – From functional beverages to plant-based drinks, the beverage sector is a key focus. Exhibitors will showcase innovations in this growing category, including low-sugar, nutraceutical, and alternative drinks
- Alternative Proteins – As the plant-based food movement continues to rise, alternative proteins such as pea and soy-based options are expected to feature prominently, catering to the increasing demand for sustainable and health-conscious food products.
- Sweeteners & Sugar Replacements – With the global shift toward healthier lifestyles, the sweeteners segment will showcase innovations in sugar substitutes like stevia and maltitol, which are in high demand due to their low-calorie properties.
- Nutraceuticals – This growing category includes food products with health benefits, focusing on ingredients like vitamins, minerals, and herbal extracts aimed at boosting immune health and overall wellness.
Market Trends:
- Plant-Based & Sustainable Foods – One of the most dominant trends expected at Fi Asia Thailand 2024 is the growing demand for plant-based and sustainable food solutions. The plant-based food market in Thailand is projected to reach $1.5 billion by 2024, driven by innovations in meat and dairy alternatives.
- Health & Wellness Focus – As consumers become more health-conscious, the demand for nutraceuticals, functional foods, and natural ingredients continues to surge. Products that offer health benefits, such as boosting immunity, improving digestion, and promoting overall well-being, are expected to dominate the event
- Clean Label & Transparency – Consumers are increasingly seeking transparency in the products they purchase. As a result, "clean label" ingredients—those perceived as natural, minimally processed, and free of artificial additives—will be a key focus for many exhibitors.
- Sustainability & Ethical Sourcing – Sustainability will be a central theme, with many exhibitors highlighting ingredients that are sustainably sourced and produced with minimal environmental impact. This includes initiatives aimed at reducing carbon footprints, packaging waste, and the ethical sourcing of raw materials.
- Innovative Sweeteners – As the world battles obesity and diabetes, sugar reduction is a key area of innovation. Fi Asia Thailand 2024 will showcase a wide array of sweeteners and sugar alternatives that cater to health-conscious consumers, including products like stevia, monk fruit, and synthetic sugar substitutes.
These key industry segments and market trends underline the innovative and sustainable future of the food and beverage industry, making Fi Asia Thailand 2024 a critical event for industry professionals seeking to stay at the forefront of emerging trends.
Conclusion
Fi Asia Thailand 2024 promises to be a pivotal event for the food and beverage industry, offering unmatched opportunities for networking, innovation, and business growth. With over 600 exhibitors from 33 countries and a spotlight on emerging trends like plant-based foods, health-focused ingredients, and sustainable solutions, the trade show is set to shape the future of the F&B sector in Southeast Asia. Attendees will gain valuable insights into the latest market innovations while forming crucial business connections across the region.