WELCOME TO A MULTI-BILLION DOLLAR MARKETPLACE!
Each year, MIFB plays a pivotal role in bringing together F&B industry players and professionals from around the world to interact, transact and explore unlimited business opportunities from a multi-billion dollar global marketplace. Its proven track record, popularity with trade visitors and success for exhibitors have earned itself accolades of being one of the most anticipated events of its kind in the region.
Latest News on F & B Industry!
Rising Food Prices: How Consumers Are Coping
Writer: Sums Selvarajan
The cost of food has once more become the consumer’s biggest worry. The World Bank’s food price index indicates an increase of 15% between October 2010 and January 2011 - only 3% below its peak in 2008 - resulting from the sharp increase of global prices of staples such as cereals, wheat, maize, sugar and edible oils.
Food Future: Sustainable Packaging
Writer: Sums Selvarajan
Consumer wallet voting has never been more apparent as consumers signal their willingness to pay a premium to protect the environment. Increasing urbanisation has led us to place an importance on the packaging of food as much as our food. The United Nations estimates that the world’s population will grow to 9 billion by 2050 with most people living in cities and urban areas. According to the Sustainable Packaging Coalition, "efficient and productive industry engaged in truly sustainable practice is essential to meet the incredible increase in demand for goods and resources that this growth implies".
Food Security
Writer: Sums Selvarajan
Food security is built on the availability, access and appropriate use of food and is defined as existing "when all people at all times have access to sufficient, safe, nutritious food to maintain a healthy and active life" (World Food Summit, 1996). However, ever rising food costs threatens to push the world into another major food crisis. According to the United Nations Food and Agriculture Organisation (FAO), the global price for a box of basic foods is still 37% higher than it was in June of last year. With the World Bank estimating that around 1.2 billion people are living below the poverty line of US$1.25 a day, the increase in global food prices could drive an estimated 10 million people below the extreme poverty line.
Message from Distiguished VIP
Excerpt from MIFB 2010 Message by
YAB Dato' Sri Mohd. Najib bin Tun Haji Abdul Razak
Prime Minister of Malaysia
"I am proud to note that in its decade of being Malaysia's leading F&B trade fair, MIFB has taken responsibility for growing, promoting and creating strategic business ventures for the food and beverage fraternity on both the domestic and international fronts. ...
Testimonials from Visitors of MIFB 2010
"This fair has been absolutely great in helping us promote Polish products and create awareness to Malaysians. It has also been a chance for me to meet many people from around the world."
Rafel Szczepkonski, Embassy of the Republic of Poland
"Very good. There's so much knowledge around and new products that people don't know about. The fair layout is concentrated and easy to access. There are plenty of business opportunities here."
Rich Moh, Businessman
"Good, good! I'm here to look for food supplies and raw materials. There are plenty of products here that are interesting and have potential."
Chai F.C, Business Owner
"The fair is great and there is a good number of international visitors. We received orders from Iran, Taiwan and China as well as local orders. All in all, the response has been good."
Mohd Munir Lokman Hakim, Bio Haruan Tech Resources, Malaysia
"This is our first time participating. We intend to open new markets in Asia and Australia so this fair serves as a viable connector. The fair has helped expose us to the Australian buyers and we have received new orders and customers."
Yin Hui, Longhai Haichung Foods Co Ltd, Taiwan
"I wish to express my gratitude for the tremendous efforts of the Organizer to ensure that our visit to MIFB went flawlessly. I believe that the contacts we made at the Fair will certainly produce long-term opportunities, and we have already had follow-up correspondence with organizations we met during the event."
Quentin King, Taeuber & Corssen Swa [Pty] Ltd, Namibia
"I do agree MIFB is one of the valuable platforms for us to source OEM suppliers from different regions."
Angus Lau, Operation Manager of LKK Health Products Group Ltd, Hong Kong
