Food Raw Material Sector
The global food raw material industry has a crucial position in the global food supply chain. It includes a large range of agricultural commodities and primary ingredients used in the production of food and beverages worldwide. The demand for food raw materials is particularly high in the world’s most crucial sectors such as agriculture, dairy, seasonal crops, fruits and vegetables, livestock, poultry, and many more.
Technical advancement in agricultural technology, biotechnology, and food processing plays a significant role in the development of the sector. The food raw material industry is a highly global industry with trade between borders to meet the demands of different regions. Exporting and importing countries play a critical role in balancing supply and demand within the sector. The biggest exporters of food raw materials include China, the USA, Argentina, Canada, Brazil, India, Indonesia, Vietnam etc.
Food Raw Material Industry Report
The global food raw material industry plays a critical role in the development and operation of the food industry. Food raw materials are necessary to produce finished food products and food manufacturing companies buy raw materials in bulk to produce goods. Numerous countries are involved in the import and export of food raw materials, facilitating the global supply chain of agricultural commodities. The key food raw materials traded internationally include grains (wheat, corn, rice, etc.), oilseeds (soybeans, palm oil, etc.), sugar, coffee, cocoa, fruits, vegetables, meats, and dairy products.
In 2022, the major players in the global trading network for food raw materials were EU countries, China, the USA, Brazil, India, and Argentina. As per the American Farm Bureau Foundation, in 2019, the U.S. exported approximately $135.54 billion worth of raw food materials. The world’s top exporters of food raw materials include China, Brazil, India, and the U.S. The latest trends that affect the growth of the industry include sustainable and organic ingredients, digital grocery shopping, and food safety and transparency. According to recent research, 37% of shoppers are willing to pay 5% more for eco-friendly and organic products.
What Trade Exhibitions Can You Attend in the Food Raw Material Industry?
The food raw material industry is one of the biggest food industries and plays an integral role in food manufacturing. Every year technical innovations in the industry are showcased in various exhibitions. Some of the most important raw food material trade exhibitions include:
Alimentaria FoodTech: A complete food trade event that focuses on the entire food supply chain. Food ingredients and food procession are two major segments at the event where the latest innovations and market trends are introduced. The global event is held in Barcelona and attracts many key local and international businesses.
Food-Tech Eurasia: A significant food trade exhibition held in Istanbul, Turkey that attracts the Turkish food industry as well as the global community. The global platform serves as an innovative platform for discovering the most recent food processing technologies and other food-related innovations. It provides a perfect opportunity for meeting the global food community and get familiar with the latest industry developments.
IBA Munich: A renowned trade fair for bakery, confectionery, and snack food items. The global event attracts food raw material manufacturers from all over the world, showcasing their latest innovations. The event is held every three years in Munich, Germany. It is an ideal avenue to observe the latest developments in the food processing industry and the latest processing techniques.
Food Ingredients North America: A global food event held for the global food, beverage, and dietary supplements markets. The event provides access to the widest range of ingredient suppliers from all around the globe. It is organized by Fi Global events and held in the U.S. bringing together more than 18,000 professionals from the health and nutrition industry.
Supply Side West: A one-of-a-kind health and nutrition trade show that focuses mainly on natural food ingredients and holistic health products. SupplySide West provides the chance to meet suppliers, manufacturers, and professionals from the health and nutrition industry. The event typically features exhibitor booths, workshops, and networking events.
Prodexpo: One of the largest annual international food trade shows held in Moscow, Russia. The event features particularly food raw materials in dairy, meat & poultry, fruits, and vegetables, confectionery, and frozen foods. The trade show aims to foster business connections and provide insights into the latest developments and trends in the industry.
Which Sectors can Attend Trade Exhibitions in the Food Raw Material Industry?
The global raw food material industry plays a crucial role in the global food supply chain. It provides the global food industry with the raw materials necessary for finished food products. Industry trade exhibitions can be attended by a wide range of sectors including dairy, poultry, seafood, fruits and vegetables, crops, edible oils and fats, coffee, tea, and other beverages etc.
