June 26-28
Singapore
33°C
SIGEP Asia & Overview
SIGEP Asia showcases the entire supply chain of Artisan Gelato and presents the peak in excellence and professionalism in the art of Pastry & Bakery.
The Chocolate section will also bring together the best Italian and foreign manufacturers and chocolate production, machinery, equipment and accessories.
The exhibition will cover the entire Coffee & Tea supply chain, from specialty coffee beans and tea leaves to roasters, grinders and barista equipment, catering to a wide range of processing techniques and tasting.
The inaugural edition of SIGEP Asia 2024 was officially announced during the Opening Ceremony of Café Asia, International Coffee & Tea Asia 2023 and Sweets & Bakes Asia 2023, with plans in the pipelines for internationalisation and greater expansion beyond borders.
With Asia’s growing interest, demand and affluence, the expansion of SIGEP into the region is extremely timely and aims to be the go-to exhibition in the fast-growing F&B industry, especially in the areas of artisan gelato, pastry, bakery, coffee and tea.
SIGEP Asia will be held alongside the Restaurant Asia series, co-organised with the Restaurant Association of Singapore; and co-located with Speciality Food & Drinks Asia, Speciality Coffee and Tea Asia and Food2GO Asia.
- SIGEP is the not-to-be-missed event for discovering the latest news, innovations and trends in the dessert, bakery and coffee food service sector: raw materials and ingredients, machinery and equipment, packaging and services.
- A unique meeting place for dialogue with companies and professionals to discuss industry scenarios and an opportunity for business, networking, professional updating and sharing.
Moving forward, SIGEP Asia will helm the existing show titles. Tapping on the rich expertise of our flagship event, SIGEP in Rimini, Italy, it will enable us to expand our reach beyond the region and provide opportunities for engagement with a wider audience and explore new markets.
We look forward to working closely with all stakeholders and continue to be a driving force in the F&B industry.
Ilaria Cicero
CEO, IEG Asia Pte Ltd
Singapore's Food & Beverage Scene
Singapore is widely acknowledged as a food capital in Asia, and the food services industry plays a vital role in our economy. It enjoys a strong reputation in food safety and quality.
Singapore’s Food & Beverage industry is a diverse and dynamic sector that contributes significantly to the country’s economy and has undergone various changes in the last few years. In 2023, Singapore’s F&B industry is expected to witness several trends and challenges that would shape its future.
Projected revenue in the Food Market is expected to amount to USD11.9b in 2023. The market is expected to grow annually by 4.55% (CAGR 2023-2028).
Source: Statista.com
Compound Annual Growth Rate 2023 - 2028
Emerging Trends
In 2023, the F&B sector in Singapore is expected to experience several trends that will shape its future. These trends reflect changing consumer preferences, new technologies and emerging business models.
Sustainable Sources
While population growth is an important driver of increased food demand, its impact is amplified by changes in the types and quantities of food demanded by consumers. The strain on our world's resources has spurred companies, investors, and technology incubators to work towards providing sustainable food options and increased consumers' demand for plant-based foods. Southeast Asian consumers, much like consumers around the world, are becoming increasingly aware of the environmental impact of their food consumption. This has led to changing attitudes towards sustainability: avoiding food waste, limiting packaging, and buying locallyproduced food. Younger consumers are moving towards plant-based diets and proteins as well.
Plant-based Options
Studies have found that Gen Zs are most likely to eat plant-based food. The plant-based demographic is younger and tends to fall between the ages of 18-44 which embodies more than one generation of consumers – Gen Z and millennials. A surge in plant-based meat substitutes, dairy-free milk alternatives and vegan diets remains on the ascent for 2023, fueling the call for these options on the menu in Singapore’s F&B scene. This includes providing plant-based meat substitutes, dairy-free milk alternatives and vegan desserts. Establishments offer a diverse menu including vegan and natural options to meet the demands, and also attract a wider consumer base.
Technology & Innovation
Technology’s impact remains pivotal – from elevated customer experiences through digital menus to app-based ordering. Streamlined operations via automated inventory and predictive ordering further underscore this trend. Enterprises adopting technology do so to excel in customer satisfaction and operational prowess.
Health & Wellness
With growing emphasis on health awareness among consumers, Singapore’s F&B sector is poised to respond to the call for healthier options, from introducing nutritious menu choices, integrating superfoods, low/no-alcohol beverages, functional ingredients, and sharing nutrition details. Embracing this shift will not only draw health-conscious customers, but also establish and distinct edge.
New Concept!
SIGEP & Restaurant Asia presents a new concept of 8 thematic zones, catering to all key aspects of the F&B industry.
Don’t miss the opportunity to put your brand in the spotlight at SIGEP and Restaurant Asia 2024 - the prime destination for you to thrive in the vibrant F&B industry of Singapore, ASEAN and APAC.
With the perfect blend of SIGEP and Restaurant Asia under one roof, you can make meaningful connections with influential industry players and be a part of a prime opportunity to showcase your products, solutions and services to a highly-targeted audience.
