The global food tech market is expected to grow at a CAGR of 5.8 percent through 2022. As Asia’s leading food and hospitality tradeshow, HOFEX is reflecting this trend with a brand-new seminar “FOODTECH Asia” which will be launched to provide an overview of the food tech market and explore how innovations on alternative protein, cell agriculture, food safety and IoT can create a sustainable and efficient food system.
Combining in-person seminars at HKCEC and live streaming to maximise the reach and exposure to the APAC market, the seminar will provide insights that not only prepare consumers for food sustainability but also level up the entire Asia food system.
Why is FoodTech important to Asia?
The outbreak of COVID-19 and the subsequent lockdown have led to a shortage of agricultural labour availability and disruption to food supply chains, especially in Southeast Asia.
By 2050, Asia’s population will exceed 5 billion and its animal protein consumption will rise at an incredible speed, putting more stress on the already-strained global food system.
The global economic slowdown has resulted in lower incomes and higher prices of some foods, poorer families, therefore, alter their diets to choose cheaper less nutritious foods.
Online registration closes at the end of August, for more information, visit hofex.com