Korea, March 27, 2016: THE “GERMANY OF ASIA”: South Korea the only Nation recorded to achieve 5 straight decades of 5% GDP growth. Korea is poised for tremendous growth in the years ahead despite the ongoing economic slowdown globally. By 2020 Emerging Asia will become the World’s largest consuming block. To accelerate business in Asia partner Korea as it is the nation of endless opportunities.
Indo-Korean Bilateral Trade Relations: South Korea has a market economy which ranks 15th in the World today. It is a highly developed market with strong purchasing power. Remarkable progress has been made in economic ties in recent years between the two Countries. With the Comprehensive Economic Partnership Agreement (CEPA) coming into force on 1st of January 2010, trade volume between India and Korea showed a sharp increase of 60% in two years. We expect the bilateral trade volume to reach 40 Billion US Dollars by the end of 2015.
COEX Co. Ltd. Seoul, Korea, one of the leading exhibition organizers in Seoul has created a niche in the exhibition industry and had organized successfully Food Week Korea 2015 held from 18th – 21st November 2015 with sizable participation of the Industry both Domestic and International. Concurrent Events: SIBA 2015 (Seoul Int’l Bakery Fair) Premium Agro/Marine/Livestock Exhibition, Korea Fruit Industry Exhibition, Korea Cold Chain Association Pavilion, ASEAN Fair, Seoul Cooking Show. 909 Companies, 1,209 Booths, Visitors 79,520 (1,763 Overseas).International sector covered: China, Japan, India, Malaysia, Indonesia, Thailand, Philippines, Singapore, Brunei, Vietnam, Laos, Myanmar, Cambodia, UAE, Hong Kong, Poland, Italy, Spain, The Netherland, Germany, Hungary, Switzerland, Greece, Romania, Belarus, Colombia, Uzbekistan, Australia, Canada and USA besides Korea.
Encouraged by the overwhelming success of the preceding such exhibitions Food Week Korea 2016, Asia’s Premier International Exhibition on Food, Agro Products, Food Ingredients, Processed Foods, Beverages, Bakery and Bakery Equipment, Processed Food Machinery, Packaging and Wrapping, Catering & Kitchen Equipment and Hospitality Industry will be organized by COEX Co. Ltd. Seoul Korea at COEX Convention & Exhibition Center, Seoul, Korea from 2nd–5th November 2016 with the support of Ministry of Trade, Industry and Energy, Ministry for Food, Agriculture and Rural Affairs, Ministry of Food and Drug Safety, Rural Development Administration, Seoul City Office, Gangnam District Office, HACCP.
It is B2B & UFI approved International Exhibition.
KOREA: Retail Food Market valued at USD 58 Billion. KOREA: Imports 70% of Food and Agriculture needs.
Major Bulk Buyers at Food Week Korea 2016:
Super Market : Lotte Mart, E-mart, Homeplus, Mega Mart, Nonghyup Hanaro.
Convenience Stores : Bokwang Family Mart, GS25, 7-Eleven, Ministop, Savezone.
Department Stores : Lotte, Shinsegae, Hyundai, AK Plaza.
Food Service/Franchise : Everland, Amoje, CJ Foodville, Sun at Food, Our home etc.
Online/Offline Distributor : G Market, Auction etc.
Exhibitor’s Profile:Marine Products, Fresh and Frozen Food, Agricultural Food, Processed Foods, Canned and Dried Food, Organic Food, Dehydrated Foods (Onion, Garlic, Fruits and other Vegetables), Products, Agro Chemicals, Sea Food, Diet Food, Ready to Cook Food Packs, Food Processing Machinery, Food Packaging & Wrapping, Food Industrial, Baby Food, Poultry and Meet Productions, Diary and Cheese Productions, Bakery & Confectionery Products, Hospitality Products, Alcoholic and Mineral Drinks, Juices, Food Flavors, Essential Oil, Ingredients, Additives & Seasonings, Spices, Herbs and Graving, Agricultural Oil and Fat, Mineral Water and Energy Drinks, Sweets and Snacks, Cereals, Macaroni and Rice, Tea & Coffee, Food Production Equipments, Restaurants Preparations, Air-conditioning, Refrigeration & Cold Storage Systems, Food Packaging, Cookwares and Kitchenware, Snack Foods, Bakery Equipments, Hotel & Kitchen Equipment, Stainless Steel Utensils / Appliances, Tableware, Furniture, Interior, Textiles, Home Textiles, Home Furnishings, Home Décor Made Ups, Gifts and Decorative Consultancy & Hospitality Services etc. An Expansive Range of Products, Services, Equipment, and Technology for Hospitality Operation (This is only suggestive & not exhaustive).
The objective of Food Week Korea 2016 is to bring together potential trading partners from around the world. Industry in India needs to forge ahead through such market initiatives in India’s most focused and emerging markets such as Korea today to explore new collaborations and strategic tie-ups both for “Brand India” Products/ Services and for “Make in India” Initiative.
Corporate Comm India (CCI Newswire)