Fi India 2023
Fi India offers an event dedicated to food ingredients in India, as a business platform for food and beverage professionals in the region.
Being held in Mumbia, India, it will take place 17-19 August 2023, and offer food and beverage professionals to source latest and innovative ingredients in India, grow business in the food, health and functional ingredients sector, and nurture busines relationships by being able to meet ingredient suppliers and buyers in the region.
Last year’s edition registered over 8000 attendees, over 200 exhibitors and held two events in one location, as Fi India was co-located with ProPak India. India is one of the fastest growing health beverage market, as it’s expected to grow US$3.84 billion from 2021-2026, and the bakery market value is projected to grow at a CAGR of 8.5% from 2021 to 2026.
The bakery industry is one of the largest segments in the food processing sector in India, and can be divided into bread, biscuits, and cakes and pastries. As the second largest producer of biscuits after the US, India is a key player in the international market. While there is demand for baked goods, the Indian bakery industry faces challenges including unorganised bakeries, operational efficiency and the lack of technology and skilled workers.