Food Ingredients Asia 2008 Opens To A Grand Success Once Again In Time Of Food Ingredients Industry
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Culture - Food Beverage Press Release18th September 2008, 09:20pm - Views: 926
 MEDIA RELEASE PR31866 Food Ingredients Asia 2008 Opens to a Grand Success Once Again in Time of Food Ingredients Industry Boom BANGKOK, Sept. 18 /PRNewswire-AsiaNet/ -- The ASEAN region's premier event for the food ingredients industry is opening today: Come see the latest technology and products from all four corners of the world and get an insight into the present healthy food trend CMP Media (Thailand), CMP Information (Netherlands), National Food Institute (NFI) and Food Science and Technology Association of Thailand (FoSTAT) jointly bring you Food ingredients Asia 2008 to Queen Sirikit National Convention Center from September 24th to 26th 2008. Food ingredients Asia 2008 is a window of networking opportunities and a chance for visitors to bring themselves up to the speed of all relevant trends and developments in the food industry. The market is a major driving force behind the Thai economy, with food export value accounting for over 20% of total export value. The food ingredients market (as distinct from the finished food industry) is growing particularly strongly, since products have been developed that can help enhance the values of food products. Current technological development is also contributing to the health food trend, helping combine taste and flavor with nutritional benefits. The event is unparalleled within the region. Thailand was chosen to host Food ingredients Asia 2008 because of its strategic location in the middle of the ASEAN region. The Economist suggests that the population of Asia is in the vicinity of 3.9 billion people, with the majority living on the Indian peninsular, the coastal areas of China, Japan & Korea, plus the Pacific rim. With Bangkok at the heart of this 3 billion-person catchment area, this strategically situated event is designed to help drive the food ingredients forward. "Times for producers are challenging," says Vincent Brain, Event Manager at CMP Information in the Netherlands. "The downturn in the global economy, combined with fluctuations in commodity prices and exchange rates have forced producers to adjust their business models in order to stay competitive. They also have to accommodate the changing demands of consumers, both in terms of tastes and lifestyles. That is why Food ingredients Asia has gained the full support of so many agencies, since the purpose of the show is to help producers overcome - and where possible, take advantage - of current market conditions. The show has become a must-attend event for the industry, as well as a major trendsetter. Companies from around the world including United States, China, Australia and Thailand are exhibiting at Food ingredients Asia, as witnessed by the many pavilions present. The show will feature a full range of technological innovations for today's food processing industry." Brain continues: "Last year we had visitors from 55 counties and more than 140 exhibitors from around the world. This year we are expecting even more coverage as the focus of the world concentrates on this region. Current trends include an increasing consumer appetite for healthy and natural products, demonstrated by the number of natural extracts, superfoods and nutraceuticals on display." Meanwhile, Dr. Yuthasak Suppasorn, Director of Thailand's National Food Institute (NFI) elaborated, "Despite economic uncertainty, the recent easing of commodity prices should positively contribute to Thai food export during the second half of 2008. The Thai food export value should increase by at least 20% to over 750,000 Million Baht. Nevertheless, given the uncertainty that is abound in the market, all companies need to anticipate the ever-changing consumer trends, particularly those involving health food." "Within the next four years the National Food Institute is trying to reach the level of over 70% of Thai food producers qualifying for international standards to help drive exports. Food ingredients Asia 2008 is a major event for everyone in the industry to get together, share experience and find solutions. This is where you can gain insights into the market and bring yourself up to date with technological developments, enabling you to formulate strategy," added Dr. Yuthasak. "The food industry is developing quickly in terms of health and taste qualities to accommodate consumer demand. Healthy food with poor texture and flavor qualities are likely to have a limited shelf life. Taste has to go hand in hand with nutritional values and health qualities." "Fi Asia 2008 will host a seminar titled Global Trends in Food Ingredients: Healthier Choice to inform everyone of trends and developments of food additives. It will focus on food ingredients which are improved to give consumers not only tastier food but also better health. Directors within food science and technology related associations from other ASEAN countries are invited to chair each section of the seminar. Experienced lecturers from many countries are going to highlight developments of food additives which contribute to better products and the benefit of Thai food producers," said Darunee Edwards, President of Food Science and Technology Association of Thailand (FoSTAT) Food ingredients Asia 2008 has been running now for a number of years. The significance of this event is multiplied when the world puts its spotlight on Asia. With strong economic growth, many believe the 21st century will be the golden era of Asia, thereby making the show a must-attend for anyone in this market. For more information, please contact: Patcharawadee Sutthipool, Pakaphan Kongtanajittakul CMP Media (Thailand) Co., Ltd. Tel: +66-2642-6911 Ext. 413 or 412 SOURCE CMP Media (Thailand) Co. Ltd. /CONTACT: Patcharawadee Sutthipool or Pakaphan Kongtanajittakul, CMP Media (Thailand) Co., Ltd., +66-2642-6911 Ext. 413 or 412/ /Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080918/NYTH052 PRN Photo Desk, photodesk@prnewswire.com/ ________________________________________________________________________________ To view this and other AsiaNet releases please visit http://www.asianetnews.net |
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