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Interfood ready for Indonesia

Source: Release Date:2008-08-29 324
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The demand for food processing machinery with larger processing capacity is rising as small to medium sized companies are merging, increasing in size, and diversifying production WITH about 235 million inhabitants, Indonesia has the 4th largest population in the world. Made up of five main islands (Java, Sumatra, Sulawesi, Kalimantan and Irian Jaya) and 30 smaller groupings, Indonesia's total of 18,110 islands makes the country the largest archipelago in the world. Indonesia posted 5.5% economic growth in 2006 measured by the rise in the GDP over previous year. The rising economic power of a growing middle class coupled with the huge general population of makes Indonesia a huge potential market for fast moving consumer goods. There are about 42 million micro and small enterprises in Indonesia in 2006 employing approximately 88 million people and accounting for more than 40% of GDP. A sizeable portion (40%) of this burgeoning business sector is made up of food industries Indonesia has a strong horticultural, agricultural and traditional processing base. Demand for agricultural products for export continues to increase. The agricultural sector is an important part of the Indonesian economy providing 49% of total employment and about 17% of the gross domestic product (GDP). The industrial sector is increasing rapidly, and the promotion of small-scale food industries plays an important role in Indonesian economy. Indonesia's food processing and packaging industry began to revive in 2004. The demand for food processing machinery with larger processing capacity is rising as small to medium sized companies are merging, increasing in size, and diversifying production. Indonesia imported $247million worth of food processing and packaging equipment reached $322 million. There are no market barriers for food processing and packaging equipment imports in Indonesia. Most food processing has 0-10 percent import tariffs. It is against this background that INTERFOOD INDONESIA ?The International Exhibition on Food & Beverage Technology, Ingredients, Additives, Raw Materials, Services, Equipments, and Supplies ?has become the strategic meeting point for Asia's food and beverage market. Now on its 8th edition, the August 20-23 event at the Jakarta International Expo features: ?Bakery & Confectionery (Bakery Indonesia) ?bakery & confectionery, machinery, equipment, supplies, ingredients ?Food & Hospitality ?wine & spirits, equipments, supplies, storage, services & related technology for hotel, catering, restaurant, caf? supermarket ?Food Ingredients ?food additives, food chemicals, food ingredients, food materials ?Herbal & Health Food ?herbal & health food and food supplements ?Retail & Franchising ?franchising & licensing Interfood opens up the grounds for companies to introduce the latest F & B information, products and services to the targeted market. It is no wonder that exhibitors take this great opportunity and enforce all marketing strategies in preparation for the event. Past exhibitors were very satisfied with the show. Many of them have continually participated in Interfood Indonesia and have expanded their booth size each year. With an estimated 400 booths booked by food & beverage experts, R&D, manufacturers, principals, distributors and trade buyers it is definite that 2008 will be an extraordinary event for this industry. With respect to trade visitors, Interfood 's focused data base confirms that 30,000 targeted attendees will visit the four-day show. Organized by Krista Exhibitions, Interfood Indonesia 2008 is being held in conjunction with Allpack Indonesia 2008. Both events have the support of the Indonesian Ministries of Trade, Industry and Health, the Indonesia Packaging Federation, POM Badan Pengawas Obat & Makanan RI, the Indonesia Association of Exhibition & Convention OrNike Mens Shoes
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