SIAL India highlights market trends and innovations in one of the world’s most promising markets

PUBLISHING DATE
July 19, 2024

SIAL India brings global food trends to New Delhi from 5-7 December, 2024, reflecting the vibrant and dynamic growth of the Indian market.

India’s food market is witnessing a remarkable transformation, positioning itself as one of the most promising markets globally. As the Indian economy continues to expand, SIAL India serves as a crucial platform for showcasing the latest trends and innovations in the food industry. The upcoming trade shows, scheduled for December 5-7, 2024, and September 11-13, 2025, promise to highlight the burgeoning potential of the Indian market, making it an essential event for food professionals worldwide.

India’s promising market

India’s food industry is evolving rapidly, driven by significant economic growth and increasing consumer demand. The country’s GDP growth, coupled with rising levels of disposable incomes, has led to a surge in demand for diverse and high-quality food products. India’s young and dynamic population is increasingly seeking new food experiences, driving a robust growth in both pleasure-oriented and health-focused innovations.

In 2023, pleasure-oriented innovations accounted for 45.3% of total food innovations in India, up from 30.8% in 2022​​. This growth reflects a strong consumer preference for enjoyable and sensory-rich food experiences. Additionally, health-oriented innovations remain a crucial segment of the market, making up 42.7% of total innovations in 2023​​. This balanced interest in both pleasure and health benefits indicates a sophisticated and discerning consumer base.

Key trends highlighted at SIAL India

SIAL India is set to address and showcase these significant trends. The trade show emphasizes innovation in response to evolving consumer preferences, ensuring that exhibitors can meet the growing demands for sophisticated, health-oriented, and sensory-rich food products.

  1. Pleasure and variety: The trend towards a “variety of senses,” which includes multi-sensory food experiences, has seen a significant increase, from 29.2% in 2022 to 37.3% in 2023​. Products offering unique textures, flavours, and visual appeal are in high demand.
  2. Health and well-being: Health-oriented innovations, though they have seen a slight reduction, remain significant. Consumers are increasingly interested in food products that offer health benefits, such as those rich in nutrients and designed for specific health outcomes​.
  3. Vegetables and plant-based Foods: There is a strong tendency towards vegetarian and plant-based diets. Innovations in this category are crucial, reflecting a broader movement towards natural and sustainable food options​

SIAL India’s response to market trends and economic power

SIAL India is more than just a trade show; it is a strategic response to the dynamic Indian market and its economic power. By showcasing the latest innovations, SIAL India aligns with the significant trends shaping the industry. The SIAL Innovation Awards, a highlight of the event, underscore the importance of innovation in meeting evolving consumer preferences. This competition brings to light groundbreaking products that cater to the growing demands for sophisticated, health-oriented, and sensory-rich food products​.

For exhibitors, SIAL India offers an unparalleled opportunity to connect with one of the world’s most promising markets. The Indian economy is poised for continued growth, and the food industry is at the forefront of this expansion. By participating in SIAL India, exhibitors can tap into the vibrant Indian market, explore new business opportunities, and engage with a diverse audience of food professionals and consumers​.

For more information on SIAL India, click here.
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Featured image: Ratul Ghosh / Unsplash


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