“Asia Manufacturing: Food, Beverages and Packaging Summit 2019” goal is to provide a professional platform for technical exchange, trends discussion, market overview and most importantly – business networking. This conference will be held in May. 7th and May. 8th 2019 on HỒ CHÍ Minh, Vietnam.
The Vietnamese food processing industry is driven by strong domestic consumption and strong exports, and demand keeps growing, – but fierce competition forces the industry to continue investing to improve efficiency and meet global food safety standards.
As a result Vietnam’s food processing companies adopted low-cost strategies and invest large sums of money for equipment upgrades, which is mainly sourced from overseas – which opens great opportunities for international machinery manufacturers. In 2017 Vietnam imported over $425.5 million USD worth of F&B machinery.
With new FTAs coming into effect and old one starting to generate traffic, comparing to 2016, import of F&B machinery increased drastically: packaging/wrapping machinery +49%, bakery machinery for pasta +59%, cleaning & drying of bottles +184%, machinery for the industrial preperation of fruits, nuts & vegetables +154% and for manufacture of confectionery, cocoa or chocolate 145%.
Why Vietnam?
- Vietnam has the largest beer market among the 10 members of the Association of Southeast Asian Nations, with annual production of more than 4 million kilo-liters, according to Kirin Holdings research.
- Revenue in the Food & Beverages segment amounts to US$148m in 2018.
- Revenue is expected to show an annual growth rate (CAGR 2018-2023) of 21.9%, resulting in a market volume of US$400m by 2023.
- User penetration is 15.9% in 2018 and is expected to hit 20% by 2023.
- The average revenue per user (ARPU) currently amounts to US$9.88.
- The Business Monitor International (BMI) forecast that the growth rate of the sector would be at 10.9 per cent in the 2017-19 period, thanks to people’s increasing income and a trend of using high value products.
- Increase of EU companies entering Vietnamese market due to EVFTA
Speakers:
LAI-YING FONG (Associate professor at technological and higher education institute of Hong Kong)
SAM GAO (Co-founder and senior analyst of top guide advisory Shanghai & Dong Feng capital)
THIEN TRUNG LE (CEO of Hong lam food)
CARMEN MAN KA MUN (Chairperson at Hong Kong food professionals association)
IRENELLE MEDALLA (Position: QA and research and development supervisor (Pioneer R&D) at dairy technologies corporation)
TERI TEO (Director & business development director of learth group & PS food & beverage (S) PTE LTD)
PETER THOEYSEN (Commercial director for bioprotection of CHR. Hansen)
ORGANIZER:
Join over 180 delegates and 20 manufacturing professionals and expert speakers. Learn about the latest packaging technologies and how to apply newest production techniques to increase your profitability. Network with industry professionals like you and explore business opportunities.
For registration please click on bellow link:
