On this special event in Jakarta we will held 2 parallel events dedicated to 2 industries that are very closely tied together - Food and Beverage and Plastics.
With plastic packaging for Food and Beverage sector being one of the most dominant form of packaging, we bring the F&B manufacturers as well as Plastic processors together for business networking and technical exchange.
The global F&B market is now hot, with more start-ups combining innovative technology with food manufacturing. Consumers' desire to eat healthier, have their food bring additional beauty benefits, be more organic, lab meat and vegan trends and changing needs of an aging population are main global trends identified by the ITIS Institute of Food Research that we will answer during this event.
Indonesia, aside of being the largest economy in Southeast Asia, also has a vibrant manufacturing industry, and its development rate has ranked among the highest in the region. By 2030, Indonesia is expected to become the 7th largest economy in the world, and this huge growth potential creates incredible demand for advanced technologies and performance materials.
F&B segment revenue is expected to show an annual growth rate (CAGR 2020-2024) of 15.6%, resulting in a market volume of US$2.684 billion by 2024. Indonesia is the fastest growing economy in the Group of Twenty (G20), with a rich and interesting F&B market, and very active F&B sector.
The CAGR of the Indonesian plastics market is expected to be 6.23% during the forecast period from 2018 to 2023. Polyolefin accounted for the largest share in 2017, exceeding 47%. Plastic is an essential product for general and industrial use and the
In 2020, we will combine global development and trends to Indonesian F&B manufacturers, and discuss the four major areas of raw materials & ingredients, processing and packaging in F&B manufacturing:
This event will explore how to provide Indonesian plastic manufacturers with more technology and comply with global and local market trends in accordance with the 3R principles. The following 3 major themes will be explored: