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Organised Food Ingredients market to grow at 15%

Friday, November 10, 2017

(L-R) Rahul Deshpande, Group Director, UBM India, Yogesh Mudras, Managing Director, UBM India, P. Muthuraman, Director, FSSAI, R.. B. Smarta, Secretary HADSA and Prabodh Halde, President, AFSTI at the inauguration of Fi India & Hi in Mumbai yesterday.

Food Ingredients India & Health Ingredients 2017

“Food ingredients is a multi-billion dollar industry that is growing worldwide. A revolution in the food and beverage industry, particularly in the processed food domain, has generated countless possibilities for new product development. Changing socio- economic demographics has also led to increased awareness pertaining to the quality standards of food products. Consequently, a focus on the superiority of ingredients that goes into the making of these finished products has also increased. In the 12th edition of Fi India & Hi, UBM India is offering a truly international showcase of food ingredients for three days under one roof to discover and develop businesses. I am sure that it will also help comprehend trends in niche segments such as wellness and natural ingredients that are being increasingly valued by health conscious consumers,” said Yogesh Mudras, MD, UBM India at the inauguration of Fi India and Hi 2017 in Mumbai yesterday.

UBM India brought in the three day trade expo's (9th - 11th November) 12th edition of Fi India & Hi yesterday at BEC in Mumbai .

“This year, we are also proud to announce the launch of ProPak India which will be co-located with Fi India and Hi from next year. With a turnover of 24.6 billion USD and a growth rate of 13-15 per cent annually, the Indian packaging industry is expected to reach 72 billion USD by 2020,” Mudras added.

The 2017 edition of Fi India & Hi in Mumbai offers opportunities for industry players to take advantage of the growing food manufacturing hub in West India.

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