ASIA-PACIFIC: A RUNNER-UP FOR GLOBAL SNACK LEADING MARKET
Southeast Asia has not only the fastest growing population in the world, but the one which with every year increases its consumption expenditure. It is currently the 2nd biggest market for snack sales in the world, with Europe's sales results only slightly ahead at USD $905.93 million and Asia-Pacific placing 2nd with USD $895.65 million, placing itself way ahead of next market – USA at USD $750.53 million. It is countries like Vietnam (19.1%), Philippines (11.6%) and Indonesia (9.5%) that are leading the growth in this region. And Indonesia, with its 258 million citizens, spending 53% of their consumption expenditure for Food & Beverages items, it is a market worth fighting for.
At Asia Food & Beverage 2019 organized by Ringier Events, our Jakarta-based International Business Advisory Associate, Melisa, will present alongside our partner from Indonesia Global Law Firm about opportunities for investors within the F&B market, as well as the legal and compliance implications they may face. If you are interested in attending, please write contact us here.
Jakarta, Indonesia | August 27-28
