Overview: Fi Vietnam 2024 Trade Show
Date & Venue:
Fi Vietnam 2024 will be held from October 9-11, 2024, at the Saigon Exhibition & Convention Centre (SECC) in Ho Chi Minh City, Vietnam.
About:
Fi Vietnam is one of Southeast Asia's premier trade fairs focused on food ingredients, showcasing the latest innovations, solutions, and technologies across the food and beverage industry. This event connects industry professionals, suppliers, and buyers in an exciting forum for business, learning, and collaboration.
Industry Segments:
Food & Beverage Ingredients, Nutraceuticals, Functional Foods, Natural & Organic Ingredients, Food Additives, Flavors & Fragrances, Health & Wellness Ingredients, Processing Solutions.
Market Size & Overview of the Industry Segment:
The food ingredients market in Vietnam is rapidly growing, driven by the increasing consumer demand for healthier, functional, and innovative food products. Southeast Asia’s F&B market has seen a significant surge, with Vietnam as a key player, valued at approximately $50 billion. Rising urbanization, changing dietary habits, and growing awareness about functional ingredients have fueled this sector's expansion.
Attendance & Participation:
Fi Vietnam 2024 is expected to attract more than 6,000 attendees from 31 countries, including industry experts, key decision-makers, and buyers. Over 150 exhibitors will showcase their products, offering a diverse range of ingredients and solutions tailored to the regional market.
Who Should Visit:
- Food & Beverage Manufacturers looking for innovative ingredients.
- Product Development Teams interested in discovering new ingredient solutions.
- Nutritionists and Dieticians seeking updates on health and functional ingredients.
- Suppliers and Distributors aiming to expand networks and secure business partnerships.
- R&D Professionals focusing on new product development and ingredient sourcing.
This overview establishes a foundational understanding of the Fi Vietnam 2024 trade show.
Exhibitor Analysis: Fi Vietnam 2024 Trade Show
Top 5 Major Exhibitors:
- Athos Collagen Pvt. Ltd.: Athos Collagen Pvt. Ltd. is a prominent Indian manufacturer and exporter specializing in Fish Collagen Peptide and Fish Gelatin. With advanced facilities dedicated to fish-based products, the company serves industries such as nutraceuticals, food, and pharmaceuticals globally. Its Fish Collagen Peptide boasts a protein content of over 97%, and the company adheres to high standards like GMP, ISO, and HALAL certifications.
- Bell Flavors & Fragrances Vietnam Co., Ltd.: Bell Flavors & Fragrances Vietnam Co., Ltd. is part of the global Bell Flavors & Fragrances Group, which specializes in the production of high-quality flavors and fragrances for food, beverages, cosmetics, and household products. With operations in over 20 countries, the company provides solutions tailored to local markets while anticipating global trends.
- Green Fresh Group: Green Fresh Group is a leading hydrocolloid research and production enterprise based in mainland China, invested by Hong Kong Green Future Food Hydrocolloid Marine Science Co., Ltd. The company specializes in the development and production of food colloids such as carrageenan, agar, and konjac gum. Established over 20 years ago, Green Fresh Group has become a prominent player in the global market, especially known for its high-quality agar and carrageenan products.
- Hugestone Enterprise Co., Ltd.: Established in 1992, Hugestone Enterprise Co., Ltd. is a subsidiary of Sinobio Holdings and is engaged in the manufacturing and supply of a wide range of chemical products on a global scale. The company operates four factories and participates in several joint ventures, producing food additives, feed additives, nutraceuticals, and pharmaceutical ingredients. With a commitment to quality and innovation, Hugestone has expanded its product lines and serves markets in various industries including food, healthcare, and cosmetics.
- Koel Colours Pvt. Ltd.: Koel Colours Pvt. Ltd. is a leading pigment manufacturer with over 45 years of experience, providing high-quality pigments for various industries including cosmetics, personal care, pharmaceuticals, home care, and food. The company has a strong international presence, exporting to over 65 countries. Koel Colours is known for its innovation in cosmetic technologies, metallic pigments, and organic colorants. Their manufacturing facilities in Vapi and Sarigam, Gujarat, have a cumulative production capacity of 500 tonnes per month, following stringent environmental standards with zero-discharge waste treatment.
Participating Countries:
- Total Participating Countries: 31
- Top 5 Countries by Percentage:
- China: 54%
- Vietnam: 15%
- India: 6%
- Thailand: 3%
- Japan: 3%
Major Types of Companies:
- Total Company Types: 10
- Top 5 Types by Percentage:
- Manufacturer: 71%
- Export: 55%
- Food Processing: 48%
- Distributor: 9%
- Food Manufacturing: 8%
Major Product Categories:
- Total Product Categories: 15
- Top 5 Categories by Percentage:
- Food Additives and Ingredients: 58%
- Pharmaceutical Ingredients: 9%
- Beverages: 8%
- Functional & Nutraceutical Foods: 7%
- Food Ingredients: 7%
Major Product Items:
- Total Unique Product Items: 20
- Top 15 Products: Food Additives, Sweeteners, Maltodextrin, Enzymes, Glucose Syrup, Citric Acid Anhydrous, Citric Acid Monohydrate, Stabilizers, Preservatives, Dextrose Monohydrate, Protein Concentrates, Vitamin Mixes, Emulsifiers, Dairy Creamers, Herbal Extracts.
This analysis offers a clear overview of the exhibitor composition at Fi Vietnam 2024.
Interesting Insights: Fi Vietnam 2024 Trade Show
Exhibiting Countries of Top 5 Company Types
- Manufacturer: China, Vietnam, India, Thailand, Japan, Malaysia, USA, South Korea, Germany, France, Singapore
- Export: China, Vietnam, India, Thailand, USA, Malaysia, Indonesia, Japan, South Korea, Singapore
- Food Processing: China, Vietnam, India, Thailand, Malaysia, Japan, USA, Indonesia, Singapore, Germany, Netherlands
- Distributor: China, Vietnam, India, Malaysia, USA, Germany, France
- Food Manufacturing: China, Vietnam, USA, India, Thailand, Japan
Exhibiting Countries of Top 5 Product Categories
- Food Additives and Ingredients: China, Vietnam, India, Thailand, Japan, Malaysia, USA
- Pharmaceutical Ingredients: China, India, Vietnam, Malaysia, Japan, Thailand
- Beverages: China, Vietnam, India, USA, Thailand, Malaysia, Japan
- Functional & Nutraceutical Foods: China, India, Japan, Vietnam, Thailand
- Food Ingredients: China, Vietnam, USA, India, Malaysia, Thailand
Exhibiting Countries of Top 10 Products
- Food Additives: China, Vietnam, India, Thailand, Japan, USA, Malaysia
- Sweeteners: China, India, USA, Vietnam, Thailand
- Maltodextrin: China, Vietnam, India, Thailand, Malaysia
- Enzymes: China, India, Japan, Vietnam, USA
- Glucose Syrup: China, Vietnam, India, Malaysia
- Citric Acid Anhydrous: China, India, Vietnam, Japan
- Citric Acid Monohydrate: China, India, Malaysia, Vietnam
- Stabilizers: China, Japan, Vietnam, Thailand
- Preservatives: China, Vietnam, India, USA, Thailand
- Dextrose Monohydrate: China, Vietnam, India, Malaysia
Top 5 Exhibiting Countries and Their Product Details
- China
- Food Additives, Sweeteners, Enzymes, Glucose Syrup, Citric Acid Anhydrous, Maltodextrin, Preservatives
- Food Additives and Ingredients, Pharmaceutical Ingredients, Beverages
- Manufacturer, Export, Food Processing, Distributor
- Vietnam
- Food Additives, Probiotics, Emulsifiers, Glucose Powder, Dairy Creamer, Food Extracts, Dried Yeast
- Food Additives and Ingredients, Fragrances, Beverages, Functional Foods, Sweeteners
- Manufacturer, Food Processing, Distributor, Chemical Distributor
- India
- Maltodextrin, Herbal Extracts, Protein Concentrate, Food Acids, Whole Egg Powder, Liquid Glucose, Starches
- Food Additives and Ingredients, Animal Nutrition, Sweeteners, Dairy Products, Nutraceuticals
- Manufacturer, Export, Food Processing, Chemical Supplier
- Thailand
- Freeze-Dried Fruits, Health Supplements, Herbal Blends, Natural Extracts, Dairy Proteins, Acerola Cherry Extract
- Food Additives and Ingredients, Fruits and Vegetables, Organic Products, Extracts, Dairy Products
- Food Processing, Export, Manufacturer, Health Ingredients Supplier
- Japan
- Functional Powders, Stabilizers, Modified Starch, Delayed-Dissolution Capsules, Vitamin Enrichment, Gums
- Food Additives and Ingredients, Cosmetic Ingredients, Functional Foods, Pharmaceuticals, Dairy Products
- Manufacturer, Food Processing, Pharmaceutical Supplier, Export
This expanded table now includes details about product items, categories, and company types for each of the top five exhibiting countries, providing a comprehensive overview of their contributions to the Fi Vietnam 2024 trade show.
Key Highlights: Fi Vietnam 2024 Trade Show
Key Industry Segments:
- Food & Beverage Ingredients: Focuses on natural, functional, and health-based ingredients, including flavors, emulsifiers, and preservatives.
- Nutraceuticals & Functional Foods: Increasing interest in ingredients that support immunity, health, and overall wellness, reflecting the growing consumer trend toward preventive healthcare.
- Natural & Organic Ingredients: Strong focus on sustainable and organic products as consumers demand more transparency and eco-friendly sourcing.
- Processing Solutions: Technologies to improve the efficiency of food processing, reduce waste, and enhance ingredient quality.
Market Trends:
- Health & Wellness Boom: Significant rise in demand for functional ingredients aimed at health benefits like gut health, immunity, and energy boosting.
- Rise of Plant-Based Products: Vegan and plant-based food ingredients are gaining momentum, aligning with global dietary shifts.
- Sustainable Ingredients: Sustainability is at the forefront, with high interest in clean-label and natural additives.
- Growing Regional Influence: Southeast Asia’s F&B market continues to expand, driven by urbanization and evolving consumer preferences, positioning Vietnam as a major player.
- Innovative Processing Techniques: Increased focus on efficient processing technologies that enhance product quality while minimizing environmental impact.
These key highlights provide a snapshot of the industry direction and trends observed at Fi Vietnam 2024, emphasizing the dynamic and rapidly evolving nature of the food ingredient sector.
Conclusion
Fi Vietnam 2024 is set to be a dynamic platform, showcasing innovation, sustainability, and the growth of Southeast Asia's food ingredient sector. With a wide array of exhibitors and strong international participation, it highlights market trends focused on health, wellness, and eco-friendly solutions. This trade fair is an essential stop for professionals aiming to tap into the rapidly expanding Vietnamese and regional food markets.