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2019 IFT First Food Expo in the United States

2024-01-05

The IFT is organized by the Institute of Food Technologists and rotates in a different city in the United States each year. The exhibition has a long history and has been held for the 71st time so far. It is a large-scale and prestigious international food additives, food ingredients and technology professional exhibition and industry event in the Americas, the exhibition gathers the new situation of the global scientific and technological achievements of the food industry into products, reflects the direction and dynamics of the development of the food industry, and represents the development trend of the world's food science and technology industry.


The exhibition as a whole feels that the flow of people is small, and the factory is basically based on old customers. In terms of booth location, it is recommended to customize it directly from the exhibition side, so that the effect will be better in the international exhibition area.


In addition, the United States is vast and sparsely populated, and according to the tour guide, people who run for fitness can be seen everywhere. There are also more types of health products sold in supermarkets, such as beneficial fungi, silk peptide powder, sheep placenta, collagen powder, protein powder, polyphenols, lutein and other products. So the market for functional food ingredients is huge. Sweeteners sucralose, stevia, and monk fruit are also very popular products.


The United States has a highly developed modern market economy, its GDP and foreign trade rank first in the world, and it has a relatively complete macroeconomic regulation and control system. According to the statistics of the US Department of Commerce, from January to April 2017, the import and export volume of goods in the United States was 1,232.74 billion US dollars, an increase of 7.0% over the same period last year (the same below). The trade deficit was 62.61 billion U.S. dollars, up 12.9 percent. The trade deficit was US $239.09 billion, up 8.4%. In the first four months of the year, bilateral imports and exports of goods between the United States and China amounted to $185.15 billion, up 9.0%. Among them, US exports to China were 39.34 billion US dollars, up 16.2%, accounting for 7.9% of the total US exports, up 0.6 percentage points; The US imported 145.82 billion US dollars from China, an increase of 7.2%, accounting for 19.8% of the total imports of the US, accounting for the same proportion as the same period of last year. The US trade deficit was US $106.48 billion, up by 4.2%. As of April, China was the United States' largest trading partner, largest export market and largest source of imports.


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