The global food market is expected to grow from USD 5.1 trillion in 2010 to USD 6.4 trillion in 2020 and just like the global economic power shift, leading food market is moving from west to east as well (’10, 36% → ’20, 40%). And above all thing, in its heart of Asia Pacific region, Korea lies with over 1.45 Billion people reside.
Northeast Asia forms a mega food industry market and Korea is serving a pivotal role as the strategic hub in the region. Korea is placed between two world’s economic giants, China and Japan, and these three countries makes up one fifth of the world’s GDP. Due to Korea’s Geo-economical advantages, Korea is prospected to play vital role as mega food industry hub in the Asia food market.
FTA allows for the expansion of economic territory and creates more opportunities to enter overseas food markets with less barriers and actually Korea has signed FTA with over 80 countries around the world. The Korea-China FTA, initiated on November 2014, is expecting to bring “borderless” trade environment and new market opportunities. If you are working in the food-related industry and have interest in Asia market, find these new emerging opportunities in Korea.
• The only professional B2B Exhibition of Food Ingredients, Additives and Healthy Functional Food in Korea
• Various B2B program with Exhibition: Conference, Exhibitor Seminar, Biz-matching
• B2B Exhibition with over 5,000 professionals related with Food Industry