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Informa Markets expects lower earnings from food events

Ms Rungphech said this year Informa Markets will host ProPak Asia 2023 in June, followed by Fi Asia 2023 in September. Both events have potential to see the volume returning to 2019 level.

Though the volume of visitors this year is projected to return to 2019 levels, Informa Markets believes global inflation and volatile economies in Europe and the US might affect the transaction value during its two international events targeting the food industry.

Rungphech Chitanuwat, regional portfolio director for Asean at Informa Markets, said Thailand has advantages in the development of food innovation and technology, with the food industry among the top categories for the exhibition segment.

The country is attractive to exhibitors…

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