SHANGHAI, April 26, 2016 /PRNewswire/ -- Health and wellness is one of the key trends in food and beverage NPD globally, as consumers' demands for healthy foods increase. Health and wellness takes many forms and varies from region to region.
Naturally healthy food and drink is the largest segment of the market in North America and Western Europe and is forecasting stronger growth than both fortified/functional foods and the better-for-you category. In Asia Pacific, however, fortified/functional foods represent the largest category and are projected to grow faster than the other two, with a 2013-2018 CAGR of 8%. The better-for-you market, usually aimed at weight loss, is still a minor area, although growing levels of obesity in some countries may lead to future growth.
Overall, Asia Pacific has a more dynamic health and wellness market than the west. Including organic and food intolerance products, as well as those shown in the chart, Asia Pacific is forecast to increase at a CAGR of 7% from 2013-2018, compared with just 1% in North America and Western Europe.
Hi China: Source the innovative Chinese health industry
Fi Asia-China, Hi & Ni, the annual meeting for the Asian food ingredients industry, is returning from 21-23 June, 2016 in Shanghai China with its leading theme -- Health ingredients China. It will provide a dedicated platform for the health, food, pharma and nutraceuticals industry with its co-located exhibitions for dietary supplements, functional finished foods, pharmaceutical ingredients, starches and machinery.
At Hi China, you will have the opportunity to meet health ingredients, natural ingredients and functional ingredients companies including Aker BioMarine, Acerchem, Enzymotec, Biosearch, Naturex and many more. It is a centralized area with the innovative ingredients and technologies and up-to-date marketing trends and industry news.
Network with the leading industry professionals from China and abroad at Hi China 2016, you can register to attend the event for free at fia-china.com/home/en. We look forward to seeing you from 21-23 June in Shanghai, China.