Overview: SIGEP Asia 2024 Trade Show
Date & Venue:
June 26-28, 2024, Sands Expo & Convention Centre, Halls D, E & F, Basement 2, Singapore
About:
SIGEP Asia 2024 marks the inaugural edition of this prestigious international trade fair, expanding the legacy of the renowned SIGEP show from Italy into the vibrant Asia-Pacific region. The event is dedicated to showcasing excellence in the artisan gelato, pastry, bakery, coffee, and tea sectors. Co-located with Restaurant Asia and other specialized F&B events, SIGEP Asia aims to become the premier platform for industry leaders, innovators, and professionals to network, share knowledge, and discover the latest trends in these dynamic industries.
Industry Segments:
Artisan Gelato, Pastry, Bakery, Coffee, Tea, Foodservice & Kitchen Equipment, Food Ingredients & Products, F&B Technology & Solutions
Market Size & Overview of the Industry Segment:
The artisan gelato, pastry, bakery, and coffee industries are experiencing significant growth, particularly in the Asia-Pacific region. With increasing consumer interest in premium and artisanal food products, these sectors are expanding rapidly. The coffee segment alone is expected to reach a market value of $155.64 billion by 2026 in Asia-Pacific, driven by the growing café culture and demand for high-quality beans and brewing techniques. Similarly, the bakery and pastry sectors are witnessing rising demand for innovative, health-conscious, and premium products. SIGEP Asia 2024 serves as a crucial platform for these industries to capitalize on market opportunities, with exhibitors and participants expected to explore cutting-edge technologies, sustainable practices, and new market trends.
Attendance & Participation:
SIGEP Asia 2024 is expected to attract over 10,000 visitors, including industry professionals, business owners, distributors, and suppliers from across the Asia-Pacific region and beyond. With more than 350 exhibitors occupying 9,000 square meters of exhibition space, the event promises a comprehensive showcase of products and services, alongside engaging talks, masterclasses, and demonstrations by industry experts.
Who Should Visit:
SIGEP Asia 2024 is ideal for a wide range of attendees, including:
- F&B Industry Professionals: Entrepreneurs, business owners, and managers in the food and beverage sector looking to discover new products, services, and technologies.
- Distributors and Suppliers: Companies involved in the distribution and supply of F&B products and equipment, seeking to expand their product lines and business networks.
- Retailers and Hospitality Providers: Operators of cafes, restaurants, bakeries, hotels, and specialty stores aiming to enhance their offerings and stay ahead of industry trends.
- Industry Innovators: Startups and technology providers focused on foodservice innovation, sustainability, and operational efficiency.
- Culinary Enthusiasts: Individuals passionate about the latest trends in artisan gelato, pastry, bakery, coffee, and tea.
Exhibitor Analysis: SIGEP Asia 2024
Top 5 Major Exhibitors:
- Bonsoy Beverage Co., Australia: Bonsoy Beverage Co. is an Australian company renowned for its premium soy milk and plant-based beverages, crafted to offer exceptional taste and nutritional benefits. They are dedicated to providing high-quality, dairy-free alternatives that cater to health-conscious consumers worldwide.
- Gemni Food Equipments, India: Gemni Food Equipments is a leading Indian manufacturer of high-performance bakery and confectionery equipment, offering innovative solutions for commercial food production. They are known for their robust, reliable machines that enhance efficiency and quality in the food industry.
- Misaki Megumi Suisan Co. Ltd, Japan: Misaki Megumi Suisan Co. Ltd is a Japanese seafood company specializing in the processing and distribution of high-quality tuna and other seafood products. They are committed to sustainable fishing practices, ensuring the finest seafood while preserving marine resources.
- Kerry Ingredients (M) Sdn Bhd, Malaysia: Kerry Ingredients (M) Sdn Bhd is a global leader in taste and nutrition, providing a wide range of innovative ingredients and solutions for the food and beverage industry. Their expertise helps brands create products that delight consumers while meeting diverse dietary needs.
- Bettr Barista Pte Ltd, Singapore: Bettr Barista Pte Ltd is a Singaporean social enterprise focused on specialty coffee training and sustainable coffee practices. They are dedicated to empowering individuals through coffee education while promoting ethical sourcing and environmental stewardship in the coffee industry.
Participating Countries:
- Total Participating Countries: 25+
- Top 5 Countries (by percentage of total exhibitors):
- Singapore: 53.36%
- China: 10.67%
- Italy: 4.74%
- Japan: 4.74%
- Austria: 3.95%
Major Types of Companies:
- Total Number of Unique Company Types: 46+
- Top 5 Company Types (by percentage of total exhibitors):
- Food Processing: 49.80%
- Manufacturing: 19.37%
- Equipment Manufacturing: 18.18%
- Technology Services: 13.83%
- Retailer: 13.44%
Major Product Categories:
- Total Number of Unique Product Categories: 95+
- Top 5 Product Categories (by percentage of total exhibitors):
- Beverages: 24.41%
- Food Processing Machines and Equipment: 21.26%
- Bakery: 15.75%
- Tea: 12.60%
- Dairy: 12.20%
Major Product Items:
- Total Number of Unique Product Items: 277+
- Top 15 Products: Coffee Beans, Espresso Machines, Coffee Grinders, Tea Leaves, Tea Bags, Coffee Brewing Equipment, Glassware, Brewing Equipment, Syrups, Coffee Capsules, Sparkling Beverages, Fruit Juices, Pasteurized Liquid Eggs, UHT Egg Products, Japanese Sake.
Interesting Insights: SIGEP Asia 2024
Exhibiting Countries of Top 5 Company Types
- Food Processing: Australia, Austria, China, France, Germany, India, Italy, Japan, Singapore, Switzerland, Taiwan, Thailand, UAE, UK, USA, Vietnam
- Manufacturing: Australia, Austria, Belgium, China, France, Germany, Italy, Singapore, Switzerland, Taiwan, UAE, UK, USA, Vietnam
- Equipment Manufacturing: Australia, China, France, Germany, India, Italy, Japan, Singapore, Switzerland, Taiwan, Thailand, USA
- Technology Services: China, Germany, Japan, Luxembourg, Singapore, Switzerland, Taiwan, UAE, UK, USA
- Retailer: Australia, Austria, China, Singapore, Taiwan, Thailand, UAE, Vietnam
Exhibiting Countries of Top 5 Product Categories
- Beverages: Australia, Austria, China, Germany, Italy, Japan, Singapore, USA
- Food Processing Machines and Equipment: Australia, China, France, Germany, India, Italy, Japan, Singapore, USA
- Bakery: Australia, Austria, France, Germany, Italy, Kuwait, Singapore, Switzerland
- Tea: China, India, Japan, Singapore, South Korea, Taiwan, Vietnam
- Dairy: Australia, China, Germany, Italy, Philippines, Singapore, Switzerland, USA
Exhibiting Countries of Top 10 Products
- Coffee Beans: Australia, China, Germany, Indonesia, Italy, Kuwait, Philippines, Singapore, Taiwan, Thailand
- Espresso Machines: China, France, Germany, Italy, Philippines, Singapore, Taiwan, USA
- Coffee Grinders: China, France, Germany, Philippines, Singapore, Taiwan, Thailand
- Tea Leaves: China, Japan, Singapore, Taiwan, USA, Vietnam
- Tea Bags: China, India, Japan, Singapore, Taiwan, USA, Vietnam
- Coffee Brewing Equipment: France, Germany, Singapore
- Glassware: Italy, Singapore
- Brewing Equipment: Australia, France, Germany, Malaysia, Singapore
- Syrups: Austria, China, Italy, Philippines, Singapore, Taiwan
- Coffee Capsules: Italy, Singapore
Top 5 Exhibiting Countries and Their Product Details
- Singapore: Coffee Beans, Espresso Machines, Tea Leaves, Glassware, Bakery Equipment
- China: Coffee Beans, Tea Leaves, Espresso Machines, Brewing Equipment, Food Processing Machines and Equipment
- Italy: Espresso Machines, Coffee Beans, Syrups, Bakery Equipment, Chocolate Products
- Japan: Tea Leaves, Coffee Beans, Japanese Sake, Smoked Oysters, Seaweed
- Austria: Fruit Juices, Sparkling Beverages, Dairy Products, Pumpkin Seeds, Tea Bags
Key Highlights: SIGEP Asia 2024
Key Industry Segments
SIGEP Asia 2024 focuses on several core industry segments within the food and beverage (F&B) sector. These include:
- Artisan Gelato: This segment showcases the latest trends and innovations in gelato production, highlighting the craft of artisanal ice cream making, which is gaining popularity across Asia.
- Pastry and Bakery: Covering both traditional and innovative bakery products, this segment includes everything from classic pastries to new-age bakery solutions, catering to the rising demand for premium and health-conscious bakery items.
- Coffee and Tea: A significant portion of the trade show is dedicated to coffee and tea, reflecting Asia’s growing café culture and increasing consumer demand for high-quality, specialty beverages. This segment includes everything from raw coffee beans and tea leaves to advanced brewing equipment and espresso machines.
- Foodservice and Kitchen Equipment: This segment highlights the latest in foodservice technology, including automated kitchen equipment and innovative tools designed to enhance efficiency and quality in food production.
- Dairy and Confectionery: Featuring a wide array of dairy products and confectionery items, this segment appeals to both traditional markets and new trends like plant-based dairy alternatives and premium chocolates.
Market Trends
- Growth of Specialty Coffee and Tea: The increasing sophistication of consumers in Asia, coupled with the rise of café culture, has fueled demand for specialty coffee and tea. There is a growing market for premium, ethically sourced coffee beans, innovative brewing methods, and artisanal tea blends.
- Sustainability and Ethical Production: Across all segments, there is a noticeable shift towards sustainability and ethical production practices. This includes the use of organic ingredients, sustainable packaging, and energy-efficient food processing equipment. Consumers are increasingly concerned about the environmental impact of their purchases, driving companies to adopt greener practices.
- Health and Wellness: The demand for health-conscious products is on the rise, particularly in the bakery and dairy segments. Products that are low in sugar, gluten-free, or enriched with nutrients are becoming more popular as consumers seek out foods that align with their wellness goals.
- Technological Innovation in Foodservice: The integration of technology in foodservice is accelerating, with advancements in kitchen automation, food processing equipment, and supply chain management. This trend is particularly evident in the adoption of smart kitchen appliances and software solutions that enhance operational efficiency and product quality.
- Rise of Artisanal and Craft Products: There is a strong trend towards artisanal and craft products, particularly in the gelato, bakery, and confectionery segments. Consumers are seeking out unique, high-quality products made with traditional methods, which is driving the growth of niche markets within the broader F&B industry.
Conclusion
SIGEP Asia 2024 is set to be a landmark event, bringing together the best of the F&B industry under one roof in Singapore. From cutting-edge innovations in coffee and gelato to the latest trends in bakery and foodservice technology, this trade fair is a must-attend for industry professionals looking to stay ahead of the curve. The diverse range of exhibitors, coupled with insightful seminars and demonstrations, makes SIGEP Asia 2024 a pivotal event for networking, learning, and discovering new opportunities in the ever-evolving F&B landscape.