Overview of SEOUL FOOD 2024 Trade Show Report

Date & Venue:

Date: May 11 –14, 2024
Venue: KINTEX (Korea International Exhibition Center), Seoul, South Korea

About:

SEOUL FOOD 2024, one of Asia’s prominent food industry trade shows, offers an expansive platform for showcasing innovations in food technology, equipment, and culinary trends. Organized by KOTRA, it focuses on fostering business growth and global networking within the industry.

Industry Segments:

Food Ingredients, Processed Foods, Food Tech, Food Equipment, Food Packaging, Beverages, Hospitality and Restaurant.

Market Size & Overview of Industry Segment:

The global food and beverage market is projected to surpass USD 8 trillion by 2026, with Asia emerging as a major growth region. South Korea's dynamic market, known for innovative food tech and high consumer standards, has seen consistent growth in segments such as health foods, plant-based alternatives, and automated food processing solutions.

Attendance & Participation:

SEOUL FOOD 2024 anticipates over 1,500 exhibitors from 40+ countries and 50,000 attendees, including buyers, manufacturers, distributors, and industry experts seeking business expansion and collaboration opportunities.

Who Should Visit:

This trade fair is ideal for food and beverage manufacturers, importers, distributors, retailers, restaurant owners, and R&D professionals looking to explore innovative products, meet global suppliers, and gain insights into emerging trends and technologies.

Exhibitors Analysis for SEOUL FOOD 2024 Trade Show

Top 5 Major Exhibitors:

ASIAN FOOD SERVICE CO., LTD. - Asian Food Service Co., Ltd. specializes in the production and export of various Korean food products, such as frozen and fresh udon, ramen, and seaweed snacks. They serve international markets, including major retailers like Walmart USA and Sam's Club China, exporting to over 30 countries. The company focuses on delivering high-quality Korean street food items and ready-to-eat meals.
HB Corporation - HB Corporation, established in 2009, is a wholesaler and distributor of Korean food products, exporting to over 50 countries. The company specializes in snack foods, including rice snacks like MOTI Ppungtuigi and MOTI Honey Popcorn, which are HACCP certified. They aim to connect Korean manufacturers with global buyers, delivering high-quality snacks and confectionery to a wide audience.
Hindustan Foreign Traders - Hindustan Foreign Traders, established in 2012, is a prominent export house based in New Delhi, India. The company is engaged in exporting and wholesaling a wide range of products, including dry fruits, basmati rice, dairy products, medical equipment, and spices. They are known for their quality products like organic dates, pistachios, and figs, which are rich in nutrients and antioxidants. Hindustan Foreign Traders operates across various product categories and has a significant presence in both local and international markets.
Simran Agritech Pvt. Ltd. - Simran Agritech Pvt. Ltd., established in 2017, is part of the Simran Group, which has been in operation since 1984. The company is a leading producer and exporter of soya-based food products, including soy meal, soy oil, and lecithin. With a focus on quality and sustainability, Simran Agritech uses non-GMO soybeans sourced from Central India. Their products serve various industries, including animal feed, processed food, pharmaceuticals, and health care sectors. The company holds certifications such as ISO 9001:2015 and adheres to international quality standards.
Samjin Foods - Samjin Foods is a well-established South Korean food manufacturer, founded in 1987. The company produces a wide variety of products, including sauces, seasonings, beverage bases, and concentrates. With over 40 years of experience, Samjin Foods has expanded its presence globally, supplying products to various international markets. Their expertise lies in both B2B and B2C sectors, providing top-notch food solutions for retail and foodservice industries.

Participating Countries:

Total: 53 countries
Top 5: Republic of Korea (46%), China (20%), Spain (4%), Thailand (3%), United States (2%)

Major Types of Companies:

Total: 5 primary types

Food Processing (44%)
Exporter (35%)
Food Manufacturing (23%)
Manufacturing (11%)
Equipment Manufacturing (10%)

Major Product Categories:

Total: 717 categories

Fruits and Vegetables (9%)
Beverages (8%)
Snack Foods (7%)
Food Processing Machines and Equipment (7%)
Food Additives and Ingredients (7%)

Major Product Items:

Total: 4,371 unique items
Top 15 Products: Frozen Vegetables, Instant Noodles, Seasonings, Sunflower Seeds, Frozen Seafood, Snacks, Dried Fruits, Butter, Cheese, Soy Sauce, Kimchi, Confectionery, Canned Beverages, Olive Oil, and Condiments.

Interesting Insights for SEOUL FOOD 2024 Trade Show

Exhibiting Countries of Top 5 Company Types

Food Processing - Republic of Korea, Thailand, Indonesia, Malaysia, China, Spain, United States, Germany, Japan
Exporter - Republic of Korea, Thailand, Indonesia, Malaysia, China, Spain, United States, Germany, Japan
Food Manufacturing - United States, Turkey, Republic of Korea, China, Japan, Spain
Manufacturing - Republic of Korea, China, Japan, Germany, United States
Equipment Manufacturing - Republic of Korea, China, Germany, Japan, United States

Exhibiting Countries of Top 5 Product Categories

Fruits and Vegetables - Thailand, India, Turkey, Republic of Korea, Netherlands
Beverages - Malaysia, Turkey, Republic of Korea, Poland, China
Snack Foods - Indonesia, India, Republic of Korea, Philippines, Japan
Food Processing Machines and Equipment - Republic of Korea, Austria, South Korea, Vietnam, Japan
Food Additives and Ingredients - Turkey, Republic of Korea, Austria, India, China

Exhibiting Countries of Top 10 Products

Frozen Vegetables - China, Republic of Korea, Denmark, Spain
Instant Noodles - Republic of Korea, China, Italy, Thailand
Seasonings - Austria, Republic of Korea, Spain, China, Thailand
Sunflower Seeds - Canada, Bulgaria, China
Frozen Seafood - Republic of Korea, China
Snacks - United States, Colombia, Republic of Korea, Vietnam
Dried Fruits - China, Republic of Korea, Peru, Vietnam
Butter - Republic of Korea, United States, Poland, India
Cheese - United States, Austria, Republic of Korea, Poland
Soy Sauce - Republic of Korea, China

Top 5 Exhibiting Countries and their Product Details

Republic of Korea
Food Processing, Packaging, Snacks
Soy Sauce, Kimchi, Instant Noodles
Food Processing, Equipment Manufacturing, Exporter
China
Fruits and Vegetables, Food Additives
Sunflower Seeds, Sweet Potatoes
Food Processing, Exporter, Food Manufacturing
Spain
Beverages, Meat, Oils and Fats
Sausages, Extra Virgin Olive Oil
Exporter, Food Processing, Food Manufacturing
Thailand
Beverages, Organic Products
Pineapple Juice Concentrate, Curry Pastes
Exporter, Food Processing, Food Manufacturing
United States
Snack Foods, Dairy Products, Nuts
Tortilla Chips, Walnuts, Almonds
Food Processing, Exporter, Food Manufacturing

Key Highlights for SEOUL FOOD 2024 Trade Show

Key Industry Segments

SEOUL FOOD 2024 emphasizes diverse industry segments, reflecting global food trends and regional demands. Key sectors include:

Food Processing: Highlighting innovations in automation and sustainability in processing methods.
Food Ingredients & Additives: Focusing on clean-label, functional, and nutraceutical ingredients.
Packaging & Equipment: Showcasing eco-friendly packaging and advanced food processing equipment.
Beverages: Featuring non-alcoholic, plant-based, and health-focused beverages.
Organic and Health Foods: Increasing demand for organic, plant-based, and functional health foods.

Market Trends

Sustainability & Eco-friendly Packaging: Strong demand for biodegradable and recyclable materials.
Health and Wellness: Growth in plant-based, organic, and functional foods.
Convenience & Ready-to-Eat Options: Rising popularity of convenient food products like meal kits and snack packs.
Food Safety Technology: Emphasis on traceability and advanced food safety practices.
Cross-Border Trade & Export: An increase in global interest in Korean and Asian culinary products.

Conclusion

SEOUL FOOD 2024 serves as a pivotal platform for innovation, sustainability, and business networking in the food and beverage industry. With a focus on cutting-edge technology, eco-friendly packaging, and health-centric products, it attracts global industry leaders and professionals dedicated to advancing the future of food. The trade show’s comprehensive showcase promises significant opportunities for companies to connect, collaborate, and thrive in the rapidly evolving Asian market.

SEOUL FOOD 2024: Exhibitors