Overview of MIFB 2024
Date & Venue:
The Malaysian International Food & Beverage Trade Fair (MIFB) 2024 will be held from July 9 to 11, 2024, at the Kuala Lumpur Convention Centre, Malaysia.
About:
MIFB is Malaysia’s premier trade fair for the food and beverage industry, bringing together global exhibitors, buyers, and industry professionals to showcase the latest products, technologies, and trends. It serves as a platform for business networking, product sourcing, and industry collaboration.
Industry Segments:
Food & Beverage, Food Technology, Food Packaging, Food Ingredients, Halal Food, Organic Food, Health & Wellness Products, Retail & Hospitality Technology.
Market Size & Overview of the Industry Segment:
The global food and beverage industry is poised to grow significantly, driven by increasing consumer demand for sustainable and innovative products. Asia-Pacific, being a major consumer and production hub, plays a crucial role in this growth, with Malaysia positioned as a strategic gateway for trade.
Attendance & Participation:
MIFB 2024 expects participation from over 465 exhibitors representing 55+ countries and more than 18,000 visitors from diverse sectors including manufacturers, distributors, importers, retailers, and foodservice professionals.
Who Should Visit:
The event targets food and beverage industry professionals, including wholesalers, retailers, distributors, food technologists, chefs, and government representatives, as well as those interested in emerging trends and technologies within the sector.
This section provides a comprehensive understanding of what MIFB 2024 offers, the industry focus, and the anticipated participation, setting the stage for a deeper dive into exhibitor analysis and industry insights in subsequent sections.
Exhibitor Analysis for MIFB 2024
Top 5 Major Exhibitors:
- Bergamot Sdn Bhd: Bergamot Sdn Bhd is a Malaysian company known for manufacturing high-quality disposable gloves and protective gear, catering to the food and beverage industry. They prioritize safety and hygiene, providing essential products that ensure safe food handling and workplace safety.
- Bio Tree Biotechnology Sdn Bhd: Bio Tree Biotechnology Sdn Bhd is a leading Malaysian biotechnology firm specializing in the development of plant-based health supplements and functional foods. Their innovative products are designed to promote wellness, leveraging advanced biotechnology and sustainable practices.
- Daily Fresh Foods Sdn Bhd: Daily Fresh Foods Sdn Bhd is a popular Malaysian food brand, offering a diverse range of ready-to-eat snacks and desserts, including waffles, ice cream, and sweet corn. Known for their emphasis on freshness and taste, they bring authentic street food experiences to consumers worldwide.
- Eastheath Trading Co Ltd: Eastheath Trading Co Ltd, based in Taiwan, is an international trading company that specializes in sourcing and distributing premium food and beverage products across Asian markets. They are known for their reliable supply chain management, connecting high-quality global producers with local distributors.
- Ercohs Agricultural Corporation Co., Ltd: Ercohs Agricultural Corporation Co., Ltd, based in Korea, focuses on the cultivation, processing, and export of top-quality agricultural products, particularly tropical fruits and vegetables. Their commitment to sustainable farming and rigorous quality standards ensures fresh, premium produce for global markets.
Participating Countries:
There are 23 participating countries at MIFB 2024. The top 5 countries by company count and their percentage representation are:
- Malaysia: 53.08%
- China: 16.59%
- Taiwan: 6.16%
- Turkey: 5.21%
- South Korea: 3.32%
Major Types of Companies:
A total of 67 unique company types are represented. The top 5 company types are:
- Food Processing (48.82%)
- Manufacturing (37.91%)
- Exporters (22.75%)
- Consulting Services (12.32%)
- Technology Services (10.90%)
Major Product Categories:
Out of 203 product categories, the top 5 are:
- Food Processing Machines and Equipment (10.90%)
- Beverages (9.00%)
- Food Additives and Ingredients (7.58%)
- Packaging (7.58%)
- Snack Foods (7.58%)
Major Product Items:
There are 203 unique product items. The top 15 based on their counts are: Dried Apricots, Dried Figs, Frozen Fruits, Frozen Vegetables, Laminating, Packaging Machines, Preservatives, Cookies, Dark Soy Sauce, Raisins, Non-Alcoholic Beverages, Organic Olive Oil, Textured Vegetable Protein, Instant Noodles, and Coconut Products.
Interesting Insights
Exhibiting Countries of Top 5 Company Types
- Food Processing: Malaysia, Turkey, Taiwan, China, South Korea, Vietnam, Indonesia, Japan
- Manufacturing: Malaysia, Taiwan, Vietnam, South Korea, Sri Lanka, China
- Exporters: Malaysia, Taiwan, Turkey, India, China
- Consulting Services: Malaysia, China, India, USA, Hong Kong
- Technology Services: Malaysia, Hong Kong, India, USA, Guernsey
Exhibiting Countries of Top 5 Product Categories
- Food Processing Machines: Malaysia, China, UAE, France, Germany, South Korea, Thailand
- Beverages: Taiwan, Malaysia, Vietnam, South Korea, Thailand
- Food Additives and Ingredients: Taiwan, Vietnam, Malaysia, China, India
- Packaging: Malaysia, China, UAE
- Snack Foods: Malaysia, China, Turkey, Taiwan, Thailand
Exhibiting Countries of Top 10 Products
- Dried Apricots: Turkey, Malaysia
- Dried Figs: Turkey, Malaysia
- Frozen Fruits: China
- Frozen Vegetables: China
- Laminating: Malaysia
- Packaging Machines: Malaysia, China
- Preservatives: India, China
- Cookies: Malaysia
- Dark Soy Sauce: Malaysia, China
- Raisins: Turkey
Top 5 Exhibiting Countries and Their Product Details
- Malaysia
- Food Processing, Exporters, Technology Services
- Food Processing Machines, Snack Foods, Beverages
- Laminating, Cookies, Dark Soy Sauce
- China
- Manufacturing, Exporters, Food Processing
- Food Additives, Packaging, Frozen Foods
- Frozen Fruits, Frozen Vegetables, Packaging
- Taiwan
- Food Processing, Exporters, Manufacturing
- Beverages, Food Additives, Confectionery
- Non-Alcoholic Enzyme Beverages, Packaging
- Turkey
- Food Processing, Exporters, Manufacturing
- Fruits & Vegetables, Confectionery, Dried Fruits
- Dried Apricots, Dried Figs, Raisins
- South Korea
- Food Processing, Manufacturing, Retail
- Plant-Based Foods, Health Supplements, Beverages
- Instant Noodles, Kimchi Products, TVP
These insights highlight the diversity of countries involved in MIFB 2024 and showcase the range of product offerings and company expertise represented at the trade fair.
Key Highlights
Key Industry Segments:
The Malaysian International Food & Beverage Trade Fair (MIFB) 2024 will showcase a diverse range of industry segments, including:
- Food Processing: Innovations in machinery and technology for efficient food production.
- Beverages: Both alcoholic and non-alcoholic options, focusing on health-conscious trends.
- Food Ingredients: Essential additives and components for product development.
- Packaging: Sustainable and innovative solutions for food preservation and branding.
- Halal and Organic Food: Growing markets with a focus on quality and ethical production.
- Retail & Hospitality Technology: Cutting-edge solutions to enhance customer experiences.
Market Trends:
MIFB 2024 reflects several critical market trends shaping the global food and beverage industry:
- Sustainability: Increasing demand for eco-friendly packaging and sustainable sourcing practices.
- Health and Wellness: Rising consumer interest in plant-based foods, organic products, and functional beverages.
- Food Security: Focus on food safety, supply chain resilience, and technological innovations in food processing.
- Technology Integration: The growing role of automation, AI, and IoT in optimizing food production and retail operations.
- Halal and Ethical Food: Expanding interest in Halal-certified products and ethical food sourcing, especially in the Asia-Pacific region.
These highlights underscore the importance of MIFB 2024 as a key platform for exploring the latest innovations and trends in the global food and beverage industry.
Conclusion
The Malaysian International Food & Beverage Trade Fair (MIFB) 2024 is an important event for food industry people from around the world. It focuses on eco-friendly practices, healthy eating, and new technology. MIFB 2024 helps people meet others, work together, and grow their businesses. As food trends change, this fair shows what's coming next in the food world.
