China Food Exhibition ® Guangzhou 2024: Seize the growth opportunities of snack food and welcome the boom of enterprise exhibitions!
The snack food industry is in the growth stage of channel change, and the current level of consumer expenditure in China is the main factor driving the development of the snack food industry, and the development potential of the industry is greater. According to iiMedia Research, the market size of China's snack food industry has continued to grow in the past decade, from 410 billion yuan to 1,165.4 billion yuan, and it is expected that the market size of China's snack food industry will reach 1,237.8 billion yuan in 2027, and the scale of the snack food industry has shown a long-term stable growth trend.
Image source @ public account ai media consulting
What are the current trends in the snack food industry? We will take a look at the exhibitors at China Food Expo ® 2024 Guangzhou. It is understood that the 2024 China Food Exhibition ®, together with Food2China Expo, Guangzhou International Food and Ingredients Exhibition, Wine to China Expo (from TOEwine), Guangzhou (Jiangnan) International Fruit and Vegetable Industry Expo, will hold the 10th Guangzhou International Fisheries Expo at the same time, which will be held in Area B of the Canton Fair Complex in Guangzhou on September 25-27. At this year's exhibition, snack food and beverages became the focus of the exhibition, covering a wide range of categories from classic snacks to healthy nuts, from handmade desserts to modern convenient snacks, demonstrating the breadth and diversity of the snack food industry.
Nutritious and healthy snack foods
It has become the choice of more and more consumers
According to the 2024 Snack Market Trend Insight Report, health and nutrition-related categories such as dairy products, fruit and vegetable juices, and electrolyte water have risen gratifyingly. In particular, the sales of buffalo milk as raw materials reached an astonishing 613.4% year-on-year due to their rich nutritional value and fragrant taste, indicating that the market potential of healthy and nutritious snacks is unlimited.
At the 2024 China Food Exhibition ® Guangzhou Exhibition, health and leisure food enterprises represented by Haipu Food, Yunnan Honey, Xinjiang Safflower Honey, Camel Milk, Zhongning County Qifuyuan Goji Berry Puree, Sihui Jutianyuan Sea Buckthorn Juice, etc., will be dressed up at the exhibition.
Roasted nuts lead the market
China Food Exhibition joins hands with international pavilions to explore new investment opportunities
During the period from May 2023 to April 2024, the sub-categories of leisure snacks are ranked according to sales: baked pastries, roasted nuts, biscuits/puffed, and candy. Compared with the previous cycle, the market share of roasted nuts has increased, with an increase of 3.1%.
Image source @ public account magic mirror insight
China Food Exhibition ® Guangzhou not only shines in the domestic market and promotes high-quality agricultural and food products with Chinese characteristics to the world, but also actively expands on the international stage, attracting pavilions from Italy, Spain, Turkey, Australia, Chile, Thailand, Korea, India, Singapore, Malaysia, Pakistan, Argentina and other countries to present unique and exotic specialties to the audience and jointly create a diversified international exchange platform.
Among them, Turkey, as one of the world's major dried fruit producers, will join hands with the Guangdong Imported Food Association to jointly hold the China Imported Food Trade Forum and Business Matchmaking Conference at the 2024 China Food Expo ® Guangzhou Exhibition site, focusing on the cutting-edge trends of trade and investment in China's food industry, and in-depth discussion on the broad development blueprint of the Turkey market in the context of globalization.
This year's China Food Exhibition has made significant breakthroughs in innovative products, presenting new products with unique cultural characteristics from all over the world. These include rich Viet Nam coffee, rich Pakistani cookies and beer, unique roasted hawthorn, sweet and tempting Iran sweet lemon, and Korea's precious nourishing Korean ginseng.
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In addition, the exhibition will hold a global product selection meeting, an imported food development forum, a new food and ingredient promotion and tasting meeting in various provinces and cities, and a docking and exchange meeting of landmark specialty food ingredients in various provinces and cities, etc., to jointly focus on hot topics in the food industry and discuss new trends in the development of the industry.
China Food Expo ® Guangzhou is an excellent platform to open up new sourcing channels, search for specific products and new products, and communicate face-to-face with many well-known brands at home and abroad. Welcome to China Food Exhibition ® Guangzhou, expand business opportunities and participate in the grand event!