It’s clear Asia looks set to play an increasingly pivotal role in shaping food trends and behaviours, and this is particularly true in the alternative protein market. With more people seeking healthier food options that are also produced sustainably, the alternative protein market is estimated to be worth $27 billion by 2027.
This was why the introduction of Alternative Protein Asia (APA) was such a hit with exhibitors and attendees alike.
The newly introduced feature zone took up 1,400 square metres of the trade show to throw the spotlight on top industry and product innovation trends in the alternative protein sector. Dedicated to plant-based and food-tech alternatives, it attracted well-known global players such as Impossible Foods and Finnbrogue Artisan as well as homegrown start-up Shiok Meats.
Among the products on display during the event were plant-based products, energy drinks and kombucha, among others, and these new products target the health conscious, Lee said.
One buyer who participated this year was Turban Chopsticks from Perth, which focuses on vegetarian, plant-based and sustainable foods. Reflecting on the event, founder Mei Yong said: “Sustainability and plant-based [foods are] the future and it's fantastic to see Singapore really focusing on that and bringing a lot of new exhibitors that are focusing on plant-based protein … and healthier foods.”
Staying Sustainable
Beyond the APA feature zone, FHA-F&B’s organiser Informa Markets had embraced sustainability in more practical terms, eliminating 8,000 metres of carpet from the event and used recycled paper for materials such as the visitor guide. In addition, there were oil drums on site for chefs to recycle their used oil after cooking demonstrations.
Informa Markets’ commitment to sustainability doesn’t end there. It recently became a signatory of the Global MICE Sustainability Alliance, which includes the Singapore Tourism Board along with five other partners in the exhibitions and conferences industry. The alliance aims to meet the growing demand for sustainable business travel by reducing waste and the carbon footprint of exhibitions.
As part of the alliance’s efforts to explore and establish standards for green events, it will set out clear sustainability targets for its identified pilot event, FHA – Food & Beverage 2024, and trial green initiatives then.