Summit to Reveal Flourishing Functional Food Markets across Asia

Higher life expectancy across the globe, and growing health consciousness among consumers, has provided a bright outlook for the functional food and nutraceutical market. The value of the global nutraceutical industry is expected to reach nearly US$280 billion by 2021, which would represent a CAGR of 7.4% from 2015-2021, and the Asia Pacific region is expected to contribute substantially towards this growth, as consumers in emerging markets in China and across Southeast Asia, are inclined to spend a portion of increasing disposable incomes on health products.

Motivated by these positive indicators and the success of previous events, Duxes will host the 3rd Nutraceutical and Functional Food Asia Pacific Summit & Exhibition 2018 in Singapore, on June 6-8. The summit will gather delegates from across the functional food and nutraceuticals industry, including government officials, researchers, analysts, and representatives from leading companies and industry associations, to discuss trends and developments in the booming Asian market.

During the three-day event, speakers representing public institutions in major jurisdictions, including China, Taiwan, Australia, New Zealand, Vietnam, and the Philippines, will detail the regulatory framework for functional foods in each jurisdiction, placing emphasis on the trend towards food supplement harmonization in the ASEAN trading bloc. Further testimony from industry leaders and researchers will provide firsthand knowledge on regional nutrition characteristics, growth areas and sectors, product development, innovative raw materials, and marketing strategies.

The 3rd Nutraceutical and Functional Food Asia Pacific Summit & Exhibition 2018 will provide a platform for high-level exchange and collaboration within the functional food industry, continuing Duxes’ support for the industry’s growth in emerging markets. Professionals, whose work relates to functional foods, health foods, food packaging, dietary supplements, and pharmaceuticals, are invited to attend.

For further information, please contact Ms Vivi Ye at / +86 21 5258 8005 Ext. 8106 or visit the website here.