Food and Beverage Sector: An Overview of Prominent Q4 2023 Industry Events

The food and beverage industry has experienced significant growth in the past few years. The growing popularity of frozen food, rising demand for sustainable packaging, emerging trend of veganism, and consumer preferring for healthy food choices have contributed to the expansion of the industry. Industry events from the sector in the final quarter of 2023 provided valuable information, networking opportunities and new food and beverage technologies. Allied Market Research has compiled a list of industry events that brought together professionals, industry leaders and enthusiasts to discuss the latest news and opportunities.

International Food Safety Conference: 11th December 2023

The 17th edition of the Dubai International Food Safety Conference, hosted by Dubai Municipality, was inaugurated on December 11, 2023, at the Dubai World Trade Center (DWTC). The conference was held under the theme, 'Impact of Climate Change on Food Safety'. Throughout the event, over 140 speakers engaged in discussions that underscored the significant connection between climate change and food security. The event also featured displays of best practices, laboratory tests, and the use of artificial intelligence (AI) and data science technologies in the vital sector.

Webinar on plant-based protein: 6th September

The plant-based protein supplement market is gaining traction due to a rising trend of veganism, a surge in obesity rates, and growing awareness about health and fitness. The webinar on plant-based protein for enhanced product nutrition was held on September 6th, sponsored by Applied Food Sciences, Inc. and Cargill. The webinar has mainly focused on the growing prioritization of consumers towards plant-based ingredients and protein, new protein sources, and the latest formulation techniques for producing plant-based protein products. The selective speakers of the webinar were Dr Ozan Kahraman, R&D Food Process Engineer at Applied Food Science (AFS) Inc. And Mark Fahlin, Business Development Manager for Cargill.

This distinctive platform focused on food processing machinery businesses and their services. The event also hosted seminars and conferences, where professionals shared insights on the latest topics related to food processing technology. A report by Allied Market Research indicates that the global food processing machinery market is estimated to display a noteworthy CAGR of 3.9% throughout the forecast timeframe.

The Hongkong Food Festival: 23rd December to 27th December

HONG KONG FOOD FESTIVAL 2023 (EXPO) was organized between the 23rd to 27th of December 2023 at the Hong Kong Convention and Exhibition Centre, Hall 3, Hong Kong. The exhibition was Hong Kong’s most popular trade fair for the food processing industry. The festival featured a diverse selection of local and international cuisine and top-rated wines from around the world.

Webinar regarding SupplySide education series: 14th December

The webinar was organized by Cargill and hosted by Audarshia Townsend, Content Director, Food & Beverage Insider. The webinar was organized for market participants aiming to achieve a top position in the industry and discussed the upcoming food and beverage trends. The selective speakers shared their insights, ranging from perspectives on AI advancements to the latest sweeteners and beverage innovations, providing a glimpse into what the future holds in 2024 and beyond. As per the analysis, the global sweetener market is expected to generate a revenue of $130.6 billion from 2022 to 2031.

Webinar on perfect partnerships: 18th September

Collaborations are crucial for all businesses, with particular significance for food brands. A suitable co-packer can aid in elevating quality control, accelerating product delivery, and scaling the business to the market. A webinar on perfect partnerships was held on 18th September to guide market participants regarding business proprietary ingredients protection, selection of the right partner, and questions to ask ingredients suppliers. The webinar was hosted by Audarshia Townsend, Content Director, Food and Beverage Insider.

By embracing innovation, sustainability, and working together, the industry is well-positioned for rapid growth and success in the years to come. To get detailed insight into the food and beverage sector, contact our experts today!