Page 57 - FoodFocusThailand No.145_April 2018
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                   Food and Beverage Industry- The Most Promising           Chitanuwat noted that “this growth could not have been
                   Sectors of Vietnam’s Economy                          achieved without the ongoing support of our trusted partners,
                   Vietnam’s large population of around 93 million, half of which are   including  the  Vietnam Association  of  Food  Science  and
                   under 30, is a key reason behind the strong surge in F&B consumption.    Technology (VAFoST), Cambodia Association of Food Science
                   Moreover, Vietnam is a tropical agricultural country with a diverse   and Technology (CAFST), Food and Foodstuff Association of Ho
                   source of raw materials, many of which are important F&B ingredients.  Chi Minh City (FFA) and Vietnam Beer, Alcohol and beverage
                      According to Euromonitor, Vietnam represents the third largest   Association (VBA).”
                   sales  value  foodservice  market  in ASEAN.  However, it  has
                   experienced the most growth from 2011 -2015, with an impressive   Beverage Ingredients Pavilion – New in This Year
                   sales increase of 77.6%. Per capita consumption of dairy products   According to Euromonitor, per capita expenditure on food and
                   is forecast to almost double from 15 litres in 2010 to 28 litres in 2020.   non-alcoholic beverages is projected to have reached US$276
                   All these factors make Vietnam a very attractive market to domestic   in 2016 and for alcoholic beverage segment estimates the market
                   and foreign manufacturers and distributors of food and beverage   was worth 147.2 trillion dong ($6.5 billion) in 2016. It predicted
                   ingredients, and that Fi Vietnam 2018 will serve all segments of this   per-capita consumption will reach 40.6 liters (11 gallons) in 2017,
                   fast-growing and attractive market with a targeted trade show.  making Vietnam the biggest consumer of the amber fluid in
                                                                         Southeast Asia.
                   Fi Vietnam 2018 - A Place to Bring All the Specific      Thanks to these factors, Fi Vietnam 2018 will feature a
                   Segments within Food and Beverage Industries          Beverage ingredients pavilion which is the first time for Fi global
                   under One Roof                                        series. You will discover all beverage ingredients products from
                   “Fi Vietnam 2018 is a regional gateway to meet and do business with   leading ingredients producers and distributors and be inspired
                   leading local, regional and international ingredient suppliers and find   with Bi theatre, presentation by leading exhibitors.
                   innovative  ingredients  for  your  business.”  noted  by  UBM Asia
                   (Thailand) Group Director (ASEAN), Rungphech (Rose) Chitanuwat.   Save the Date and Plan Your Trip to Fi Vietnam
                      With an impressive 50% growth of show area compared with the   2018
                   last edition in 2016, Fi Vietnam reflects the robust growth of the F&B   Don’t miss this opportunity, join us at Fi Vietnam 2018 on 16-18
                   sector, not only in Vietnam, but also the CLMV emerging countries.   May 2018 at the Saigon Exhibition and Convention Center
                   More than 140 leading local, regional and international exhibitors   (SECC), Ho Chi Minh City, Vietnam. Mark your calendar now so
                   from  all sectors  of  the  F&B  ingredients  industry  will  showcase   you won’t miss the most important gathering for the food and
                   innovative products and technologies and do business with over   beverage ingredients industry in Vietnam.  Please visit www.fi-
                   4,700 F&B industry professionals from ASEAN especially from CLMV   vietnam.net for more information.
                   countries.




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