Overview of Vietfood & Beverage 2024 Trade Show
Date & Venue:
Vietfood & Beverage 2024 will be held from August 7 to August 9, 2024, at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, Vietnam.
About:
This annual event is one of Vietnam's largest and most influential trade fairs dedicated to the food and beverage industry. Organized by Vinexad, the exhibition aims to connect businesses and foster partnerships within the food and beverage sectors. It attracts a wide range of participants, from local companies to international corporations, showcasing a vast array of products and technologies.
Industry Segments:
Food, Beverages, Nutritional Supplements, Food Processing Equipment, Packaging Solutions, Logistics, Retail Services, Hospitality Solutions.
Market Size & Overview of the Industry Segment:
Vietnam's food and beverage industry has been experiencing robust growth, fueled by increasing urbanization, rising disposable incomes, and a growing middle class. The market size is projected to reach new heights in 2024, making it a pivotal time for industry stakeholders. The segments covered in this trade show, including packaged foods, beverages, and processing equipment, are expected to see substantial demand. The show will provide a platform for introducing innovations and meeting consumer demands in a dynamic market environment.
Attendance & Participation:
The 2024 edition expects over 900 exhibitors and more than 20,000 visitors, including professionals, buyers, and industry experts. The event will feature international pavilions, B2B matchmaking, and seminars aimed at enhancing business opportunities.
Who Should Visit:
Vietfood & Beverage 2024 is ideal for food and beverage manufacturers, distributors, suppliers, retailers, importers, exporters, hospitality professionals, and industry consultants looking to explore new market trends, source products, or forge business relationships. Additionally, investors and entrepreneurs interested in the Southeast Asian food and beverage market will find significant value in attending.
Exhibitor Analysis for Vietfood & Beverage 2024
Top 5 Major Exhibitors:
- CÔNG TY CỔ PHẦN ĐẦU TƯ A&B VIỆT NAM: A&B Vietnam Investment JSC is a prominent Vietnamese company focused on the export of high-quality agricultural products, including rice, spices, and coffee. They emphasize sustainable sourcing and international quality standards to supply markets around the world.
- CÔNG TY TNHH CHUỖI CUNG ỨNG THỰC PHẨM JIN YANG: Jin Yang Food Supply Chain Co., Ltd. specializes in the supply and distribution of fresh and processed food products in Vietnam. With a strong focus on food safety and quality control, they aim to ensure consistent and reliable products for both domestic and international markets.
- CONGJIANG SHENYAO HEALTH PRODUCTS CO.: Congjiang Shenyao Health Products Co. is a Chinese company that produces and exports traditional herbal health products and supplements. Their offerings are rooted in ancient medicinal practices, promoting wellness and holistic health with high-quality natural ingredients.
- DONGLIMFOOD CO., LTD.: Donglimfood Co., Ltd. is a South Korean company that produces a wide range of traditional Korean food products, including sauces, snacks, and ready-to-eat meals. They focus on maintaining authentic Korean flavors while ensuring global food safety standards.
- Goldenrise Agri World Pvt. Ltd.: Goldenrise Agri World Pvt. Ltd. is an Indian company engaged in the production and export of high-quality agricultural products such as spices, pulses, and grains. They emphasize sustainable farming practices and delivering premium products to global markets.
Participating Countries:
- Total Countries: 17
- Top 5 Countries:
- China: 59%
- Vietnam: 17%
- South Korea: 11%
- Taiwan: 3%
- India: 3%
Major Types of Companies:
- Total Company Types: 18
- Top 5 Types:
- Food Processing: 36%
- Manufacturing: 28%
- Export: 26%
- Food Manufacturing: 18%
- Equipment Manufacturing: 16%
Major Product Categories:
- Total Product Categories: 25
- Top 5 Categories:
- Packaging: 17%
- Food Processing Machines and Equipment: 14%
- Fruits and Vegetables: 8%
- Confectionery: 6%
- Snack Foods: 6%
Major Product Items:
- Total Unique Product Items: 17
- Top 15 Products: Canned Fruits, Labeling Machines, Canned Vegetables, Custom Packaging Solutions, Biscuits, Filling Machines, Snack Foods, Frozen Seafood, Canned Mushrooms, Sealing Machines, Instant Noodles, Ginseng Products, Rice Cakes, Dairy Equipment, Kimchi.
Interesting Insights for Vietfood & Beverage 2024
Exhibiting Countries of Top 5 Company Types:
- Food Processing: Russia, Vietnam, China, South Korea, Poland, India, Thailand, Japan, Taiwan, United Kingdom, Malaysia
- Manufacturing: Russia, Taiwan, South Korea, China, Vietnam, India, Thailand, Malaysia, Poland, Australia, Greece, United States
- Export: China, Japan, Hong Kong, Vietnam, South Korea, Russia, India, Thailand, Taiwan, Malaysia, Poland
- Food Manufacturing: Russia, South Korea, Vietnam, China, Taiwan, Thailand, Poland, India, Greece, United States
- Equipment Manufacturing: Taiwan, China, India, Vietnam, Malaysia
Exhibiting Countries of Top 5 Product Categories:
- Packaging: Vietnam, China, Russia, Hong Kong, South Korea, Malaysia, Australia
- Food Processing Machines and Equipment: Taiwan, China, India, Russia, Vietnam, Malaysia
- Fruits and Vegetables: China, Thailand, South Korea, Malaysia, Greece, India, Vietnam
- Confectionery: Vietnam, Hong Kong, China, Russia, South Korea, Taiwan
- Snack Foods: South Korea, Thailand, China, India, United Kingdom, Taiwan, Vietnam, United States
Exhibiting Countries of Top 10 Products:
- Canned Fruits: China
- Labeling Machines: China, Vietnam, Malaysia
- Canned Vegetables: China
- Custom Packaging Solutions: China, Hong Kong, Vietnam
- Biscuits: Vietnam, China, Russia, Taiwan
- Filling Machines: China, Russia, India, Vietnam
- Snack Foods: Japan, China, Vietnam
- Frozen Seafood: Vietnam, China, South Korea, Malaysia, Taiwan
- Canned Mushrooms: China
- Sealing Machines: China, Vietnam
Top 5 Exhibiting Countries and Their Product Details:
- China
- Canned Fruits, Labeling Machines, Snack Foods, Filling Machines, Sealing Machines
- Canned Fruits, Canned Vegetables, Custom Packaging Solutions, Labeling Machines
- Food Processing, Export, Equipment Manufacturing
- Vietnam
- Biscuits, Instant Noodles, Fresh Fruits, Frozen Seafood, Custom Packaging Solutions
- Instant Noodles, Biscuits, Fresh Fruits, Dried Fruits, Canned Seafood
- Food Manufacturing, Export, Packaging
- South Korea
- Seaweed Snacks, Kimchi, Ginseng Products, Honey, Herbal Teas
- Dried Seaweed, Ginseng Products, Rice Cakes, Kimchi, Herbal Teas
- Food Processing, Export, Retail
- Taiwan
- Frozen Dumplings, Rice Crackers, Sesame Oil, Packaged Snacks, Fruit Jams
- Frozen Dumplings, Rice Crackers, Sesame Oil, Packaged Snacks
- Food Processing, Manufacturing, Export
- India
- Spices, Curry Powders, Buffalo Offal, Meat Processing Equipment, Dairy Products
- Paneer, Buffalo Offal, Meat Processing Equipment, Ready-to-Eat Meals
- Food Processing, Equipment Manufacturing, Export
This provides a detailed view of the product offerings and company types represented by the top five exhibiting countries, emphasizing the diversity of the food and beverage industry at the Vietfood & Beverage 2024 trade show.
Key Highlights for Vietfood & Beverage 2024
Key Industry Segments:
- Food Processing: A significant focus on machinery and equipment for food processing, catering to the growing demand for automation and efficiency in food production.
- Packaging Solutions: Innovation in sustainable and custom packaging, reflecting the increasing global focus on eco-friendly materials and solutions.
- Beverages: Strong representation from the beverage sector, including functional drinks, nutraceutical beverages, and traditional drinks like tea and coffee.
- Snacks and Confectionery: High demand for snack foods, reflecting changing consumer preferences towards convenient and ready-to-eat options.
Market Trends:
- Sustainability: A noticeable trend towards sustainable packaging and eco-friendly production practices. Exhibitors are showcasing products that minimize environmental impact.
- Health and Wellness: Increased interest in nutraceuticals, functional foods, and organic products, driven by consumer demand for healthier lifestyle choices.
- Technological Advancements: Automation and smart technologies are key trends in food processing and packaging, aimed at improving efficiency and reducing costs.
- Globalization and Export Opportunities: With a diverse international presence, the trade show emphasizes global trade, with many exhibitors focusing on expanding their export markets and global partnerships.
Conclusion
Vietfood & Beverage 2024 promises to be an important event in South East Asia for the food and beverage industry, providing a comprehensive platform for innovation, networking, and business development. With a diverse range of exhibitors showcasing the latest in food processing, packaging, and sustainable products, the trade show is set to attract professionals from around the globe. This event is not only a marketplace for products but also a source of insight into future industry trends.