Overview: Coex Food Week 2024 Trade Fair

Date & Venue

Dates: November 20–23, 2024
Venue: Coex Hall A, B, C, D, Seoul, South Korea

About

Coex Food Week 2024 is the largest and most comprehensive food-related trade fair in South Korea, celebrating its 19th edition. This event serves as a dynamic platform for businesses and professionals across the global food and beverage (F&B) industry to network, explore cutting-edge innovations, and showcase their latest offerings. Co-organized by Coex and the Ministry of Agriculture, Food and Rural Affairs, the event highlights a vast range of food products, technologies, and sustainable practices, attracting participants and visitors worldwide.

Industry Segments

Fresh and processed foods, beverages, bakery and desserts, HORECA equipment, food processing and packaging machinery, smart farming solutions, functional and alternative foods, ESG solutions.

Market Size & Overview of the Industry Segment

The global food and beverage market is projected to reach a valuation of over $8.7 trillion by 2025, driven by evolving consumer preferences, health-focused products, and technological advancements. In South Korea, the F&B sector holds significant economic importance, contributing to the GDP and supporting a robust export market. Coex Food Week 2024 reflects these trends by featuring innovative products, functional foods, and smart solutions, aligning with global demands for healthier, sustainable, and efficient food production.

Attendance & Participation

Exhibitors: Over 1,000 from 31 countries
Booths: 1,846
Visitors: Approximately 55,000 industry professionals and enthusiasts are expected to attend.

Who Should Visit

Food and beverage industry professionals
Hospitality and restaurant owners/operators
Retailers and wholesalers
Food distributors and importers/exporters
Food technologists and researchers
Entrepreneurs seeking innovative solutions
Media representatives and influencers in the F&B sector

This detailed overview establishes the foundational understanding of Coex Food Week 2024. Let me know when you're ready for the next section, Exhibitors Analysis.

Exhibitor Analysis: Coex Food Week 2024 Trade Fair

Top 5 Major Exhibitors with Short Descriptions

Natures Best Foods Co., Ltd. - Natures Best Foods Co., Ltd. is a South Korean company specializing in the production of high-quality oat products. They import fresh oats from Alberta, Canada, and process them at their facility in Eumseong, Chungcheongbuk-do, to ensure freshness and quality. Their product range includes Quick Oatmeal, Premium Oats, Oat Flour, and Steel Cut Oats. The company also exports to various countries, including the United States.
Tium Global - Tium Global is a South Korean company specializing in the production and distribution of health and beauty products. Their flagship product, 'Bling Boostser,' is a dietary supplement aimed at enhancing skin health and overall wellness. The company emphasizes the use of natural ingredients and advanced biotechnology in their formulations.
ASIAN FOOD SERVICE Co., Ltd. - ASIAN FOOD SERVICE Co., Ltd. is a South Korean company specializing in the export and distribution of a wide range of food products, including noodles, premium seafood, frozen products, and bread crumbs. The company focuses on providing high-quality products to meet the diverse needs of its customers.
Royal Food Co., Ltd. - Royal Food Co., Ltd. is a South Korean company specializing in the preparation and packaging of seafood products. Based in Gimhae, Gyeongnam, the company focuses on delivering high-quality seafood offerings to meet diverse consumer needs.
NY Food - 엔와이푸드 (NY Food) is a South Korean company specializing in the production and distribution of a wide range of bakery and confectionery products under the brand name 'Golden Brown'. Their offerings include macarons, mini cookies, madeleines, various breads, and frozen dough products. The company focuses on providing high-quality, diverse, and convenient bakery solutions to meet the needs of cafes and other food service establishments.

Participating Countries

Total Participating Countries: 11
Top 5 Participating Countries by Percentage:

Republic of Korea: 92%
China: 4%
United Kingdom: 2%
Lithuania: 1%
Japan: 1%

Major Types of Companies

Total Unique Company Types: 73
Top 5 Company Types by Percentage:

Food Processing: 41%
Food Manufacturing: 39%
Consulting Services: 10%
Equipment Manufacturing: 9%
Technology Services: 8%

Major Product Categories

Total Unique Product Categories: 182
Top 5 Product Categories by Percentage:

Beverages: 18%
Functional and Nutraceutical Foods: 13%
Consulting and Professional Services: 11%
Ready-to-Eat: 10%
Bakery Products: 9%

Major Product Items

Total Unique Product Items: 2,097
Top 15 Products: Health Supplements, Kimchi, Pastries, Snacks, Fresh Fruits, Fresh Vegetables, Cakes, Soy Sauce, Sesame Oil, Beverages, Pickled Vegetables, Cheese, Dried Fruits, Energy Drinks, Herbal Teas.

This analysis highlights the diversity of exhibitors and products at Coex Food Week 2024, reflecting its significance as a comprehensive trade platform.

Interesting Insights: Coex Food Week 2024 Trade Fair

Exhibiting Countries of Top 5 Company Types

Food Processing - Republic of Korea, China, United Kingdom, Lithuania, Japan
Food Manufacturing - Republic of Korea, China, United Kingdom, Lithuania, Japan
Consulting Services - Republic of Korea
Equipment Manufacturing - Republic of Korea
Technology Services - Republic of Korea

Exhibiting Countries of Top 5 Product Categories

Beverages - Republic of Korea, China, United Kingdom, Japan, Lithuania
Functional and Nutraceutical Foods - Republic of Korea, China, United Kingdom
Consulting and Professional Services - Republic of Korea
Ready-to-Eat - Republic of Korea, China, United Kingdom
Bakery Products - Republic of Korea

Exhibiting Countries of Top 10 Products

Health Supplements - Republic of Korea
Kimchi - Republic of Korea
Pastries - Republic of Korea
Snacks - Republic of Korea, China, United Kingdom
Fresh Fruits - Republic of Korea, China
Fresh Vegetables - Republic of Korea
Cakes - Republic of Korea
Soy Sauce - Republic of Korea
Sesame Oil - Republic of Korea
Beverages - Republic of Korea, China, United Kingdom, Japan, Lithuania

Top 5 Exhibiting Countries with Product Items, Company Types, and Major Products

Republic of Korea
Health Supplements, Kimchi, Snacks, Fresh Fruits, Fresh Vegetables, Soy Sauce, Sesame Oil, Cakes, Beverages
Food Processing, Food Manufacturing, Consulting Services, Equipment Manufacturing, Technology Services
Ready-to-Eat Meals, Bakery Products, Functional Foods, Smart Farming Solutions, Food Processing Equipment
China
Pastries, Puffed Foods, Pickled Vegetables, Tea Leaves, Energy Drinks, Dried Fruits
Food Processing, Food Manufacturing, Exporters
Bakery Products, Beverages, Functional Foods, Condiments and Sauces
United Kingdom
Fresh Salmon, Smoked Salmon, Rum, Cheese, Whiskey, Cranberry Juice, Biscuits
Food Manufacturing, Food Processing, Exporters
Beverages, Fish and Seafood, Ready-to-Eat Foods, Bakery Products
Lithuania
Milk Products, Cheese, Processed Meat, Alcoholic Beverages, Herbal Teas
Exporters, Associations, Promotion Bodies, Consulting Services
Dairy Products, Organic Foods, Functional Foods, Beverages
Japan
Daikon Radish, Cucumbers, Eggplants, Udon Noodles, Soy Sauce, Miso, Green Tea
Food Processing, Cooperatives, Food Manufacturing
Fruits and Vegetables, Pickles and Pastes, Condiments, Organic Products

This table provides a comprehensive view of the top 5 exhibiting countries, including their major product items, company types, and product focuses.

Key Highlights: Coex Food Week 2024 Trade Fair

Key Industry Segments

Coex Food Week 2024 encompasses a broad spectrum of the food and beverage (F&B) industry, making it one of the most diverse trade fairs in Asia. Key segments include:

Fresh and Processed Foods: Highlighting the latest trends in agricultural produce, seafood, and livestock products.
Beverages: Covering non-alcoholic and alcoholic drinks, including functional beverages and premium spirits.
Functional and Alternative Foods: Featuring nutraceutical products, plant-based alternatives, and health-focused innovations.
Bakery and Desserts: From artisanal baked goods to industrially produced pastries and desserts.
Ready-to-Eat Meals: Pre-packaged, easy-to-prepare options catering to convenience-driven consumer lifestyles.
Food Processing and Packaging Equipment: Cutting-edge machinery for efficient food production and sustainable packaging solutions.
HORECA (Hospitality, Restaurant, Catering) Equipment: Tools and technologies aimed at enhancing operational efficiency in food service.
Smart Farming and ESG Solutions: Innovations in agricultural technologies and eco-friendly practices promoting sustainability.

Market Trends

Health and Wellness Focus: The rising demand for functional foods, plant-based alternatives, and health supplements reflects global shifts towards healthier lifestyles. Exhibitors at Coex Food Week 2024 are showcasing products tailored to this trend.
Sustainability and ESG Integration: Environmental consciousness drives innovations in sustainable packaging, smart farming solutions, and waste reduction strategies. Many exhibitors are focusing on eco-friendly products and processes.
Technological Advancements in Food Production: Automation, AI-driven food processing systems, and smart solutions are key trends shaping the industry. This year’s focus on food technology underscores its role in meeting growing demand efficiently.
Convenience and Ready-to-Eat Options: With the modern consumer's busy lifestyle, ready-to-eat meals and easy-preparation foods have gained significant traction, dominating product displays at the trade fair.
Global Flavors with Local Influence: Exhibitors are blending international culinary trends with local flavors to appeal to diverse consumer preferences, reflecting the increasing globalization of the food industry.
Rise of Alternative Proteins: Plant-based meats, cultured proteins, and non-dairy alternatives continue to gain market share, with many exhibitors presenting innovative solutions in this space.

Coex Food Week 2024 acts as a hub for these transformative trends, offering participants a window into the future of the food and beverage industry.

Conclusion

Coex Food Week 2024 emerges as a definitive platform for innovation, collaboration, and growth in the global food and beverage industry. With its diverse exhibitors, cutting-edge technologies, and focus on sustainability, the trade fair offers unparalleled opportunities for businesses and professionals to connect, explore, and thrive in a rapidly evolving market.

Coex Food Week 2024: Exhibitors