FoodBiz Africa 2010

FoodBiz Africa is part of Africa's Big Seven event 2010

Food, service & equipment

Retail & Catering Equipment

● Supplies & Services

● Food & Beverages

First included in the expo line up in 2008, FoodBiz Africa proved an instant hit attracting the highest percentage of buyers in any category.

FoodBiz Africa targets visitors from the food service and hospitality industries. Companies that supply the catering as well as retail markets now no longer need to exhibit on two different events with double the cost and twice the time commitment.

Overview

The food service industry in South Africa is well developed and is the fastest-growing sector of the food market, fuelled by increased household incomes, a growing middle class and tourism, which is expected to be boosted considerably by the 2010 Fifa Soccer World Cup. The industry is fragmented and there are around 25,000 outlets consisting of hotels, restaurants, fast-food franchises and contract catering companies.

According to EuroMonitor, the South African consumer foodservice industry experienced positive growth over the 2003/2004 period with the number of foodservice units increasing by 8%, while the number of transactions growing by 9%. Value sales rose by 17% in current value terms, to reach R23.3 billion in 2004. According to EuroMonitor, sales in this sector should reach R51 billion by 2009.