HOFEX as Asia’s Leading Food & Hospitality Tradeshow is catching this trend to contribute to food sustainability. A brand-new seminar “FOODTECH Asia” will be launched to provide an overview of the food tech market and explore how innovations on alternative protein, cell agriculture, food safety and IoT can create a sustainable and efficient food system.
Why FoodTech is important to Asia?
The outbreak of COVID-19 and the subsequent lockdown have led to shortage of agricultural labor availability and disruption to food supply chains, especially in Southeast Asia.
By 2050, Asia’s population will exceed 5 billion and its animal protein consumption will rise at an incredible speed*, putting more stress on the already-strained global food system.
* Green Queen (2020)
The global economic slowdown has resulted in lower incomes and higher prices of some foods, poorer families therefore alter their diets to choose cheaper, less nutritious foods*.
* Committee of World Food Insecurity (2020)