: Food & Health Ingredients Expo opens on physical and virtual formats #FinanceIndia #StockMarketNEWS Food & Health Ingredients Expo opens on physical and virtual formats New Delhi, 21 Oct (KNN) Informa

@StockMarketNEWS Thu 21 Oct, 2021

Posted in: #FinanceIndia #StockMarketNEWS

Food & Health Ingredients Expo opens on physical and virtual formats #FinanceIndia #StockMarketNEWS
Food & Health Ingredients Expo opens on physical and virtual formats New Delhi, 21 Oct (KNN) Informa Markets inaugurated its 15th edition of the Food Ingredients India & Health Ingredients (Fi India & Hi) expo with the co-located ProPak India expo, catering to the processing and packaging industry in its 3rd edition in New Delhi.

While the in-person events are being held from 20 – 22 October 2021 at Hall 5, Pragati Maidan, New Delhi, a parallel virtual edition of the shows is also running from 20 -25 October 2021.

The B2B shows are placed to provide industry players an entire range of products and solutions under one roof on food & health ingredients and processing & packaging.

It offers the industry an opportunity to source high-quality food, health, beverage, dairy ingredients, ProPak India caters to processing and packaging technologies for varied industries - food, beverages, dairy, personal care, eCommerce, among others.

The inauguration was marked by the presence of D. V. Malhan - President, Society of Indian Bakers, Sunil Marwah - CEO, Federation for Capacity & Skill Development for Food Processing Industry, Dr. Alessandro Liberatori, Italian Trade Commissioner, Embassy of Italy, New Delhi; Coordinator of Italian Trade Commission offices for India, Bangladesh & Sri Lanka, Yogesh Mudras, Managing Director, Informa Markets India, and Rahul Deshpande, Group Director, Informa Markets India, amidst an august industry gathering.

It saw participation from top exhibitors who showcased coveted brands relating to food & flavours, natural ingredients, additives, enzymes, herbs, spices, antioxidants, proteins, probiotics, vitamins, and minerals, along with processing and packaging machines and equipment.

Speaking at the launch Yogesh Mudras, Managing Director, Informa Markets India, said, "The food sector in India has emerged as a high-growth and high-profit sector due to its immense adaptability and potential for value addition, particularly within the food processing industry. Even during the pandemic, there has been a marked focus on health and wellness products. More than ever, there has been an overall shift toward value-based buying. With the change in eating patterns, and consumption of nutritious food to keep the immunity intact, we foresee health, nutritional and immunity foods to witness a boom in the coming years. The food processing ingredients market is projected to reach around USD 56 billion by 2023, at a CAGR of 6. 2%. Side by side, the government is making all efforts to encourage investments with initiatives such as joint ventures (JV), foreign collaborations, industrial licenses, and 100% export-oriented units.

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