SEOUL, South Korea, Nov. 29, 2017 /PRNewswire/ -- The Korean food industry has enjoyed remarkable growth rates over the last few decades. With an import volume of approximately 23 billion USD in 2016 and a prospected growth increase of 12% in 2017, Korea presents a vast import platform on the global stage. Furthermore, it is expected that K-food (Korean food) will open an era of 9 billion USD in exports. Given these global market developments, Coex has organized its international food and beverage exhibition 'Food Week Korea' since 2006 in Seoul, South Korea. Coex is the biggest exhibition center in Seoul and has received as the first and only convention and exhibition center in Korea the "Outstanding Venue Award" from AFFACA (Asian Federation of Exhibition and Convention Associations) in September 2017.
The prime inducements of this trade fair are to learn and exchange the various market trends as well as to build a stronger partnership between domestic and international companies. Therefore, 'Food Week Korea' offers diverse exhibit items such as food and beverage, machinery and kitchen utensils, food packaging and food safety, and other food industry related conferences.
[Food Week Korea 2017]
Food Week Korea is an UFI approved International Food & Beverage exhibition which has received the Expo Industry Development Prize Brand Expo Field Prize in 2012. In 2016, the Ministry of Trade, Industry and Energy has chosen the fair as one of promising future expos, implying its growing influences at the global stage.
In its 12th edition, the Food Week Korea 2017 ended in great success with a great number of special events including the global forum, strategic seminars, and conferences related to the food industry. With a total of 861 companies from 27 countries, thereof 139 overseas companies presenting a proportion of 16%, Food Week welcomed over 50,000 visitors.
The theme of this year's show, "A Banquet for the World", was celebrated by each of the ASEAN countries. Here, 100 exhibitors from the respective ten ASEAN member states displayed their exotic food and beverage products to the domestic and international buyers and visitors.
This year's Food Week Korea also provided a Turkish Pavilion with companies from the Aegean Exporters' Association (EIB) and Central Anatolian Cereals, Pulses, Oil Seeds and Products Exporters' Association. The smell of bread that they baked in the hall fascinated the people and their sand art show with the purpose of national promotion was also enough to draw in the publics attention during the exhibition period.
About 100 overseas companies, including buyer delegations from Japan, Iran, India, and Hong Kong attended the 1:1 Biz-matching Program held from the 25th to 28th October. They were matched with Korean exhibitors and more than 600 meetings took place during those two days.
Based on the survey conducted on the last day of exhibition, 70% of exhibitors were satisfied with the show and 63% of them desired to exhibit again at Food Week Korea in 2018. Above all, the overall foreign participants' goal was to meet Korean buyers, and 70% of them told that they were able to accomplish this goal at Food Week Korea 2017.
Next year, the event will host more than 1,000 companies from 40 different countries in the Coex exhibition center's entire Halls from A to D.
Registration for Food Week Korea 2018 is now open on our official website (http://koreafoodweek.com/exhibitor-registration/). For more information about Food Week Korea 2018, please visit the show website (www.koreafoodweek.com) or download the leaflet https://goo.gl/3qHvTj.
For all inquiries please contact:
Food Week Korea Secretariat
T. +82-2-6000-8160
E. foodweek.info@coex.co.kr
