The 2nd Annual Food Safety and Quality Summit & Awards 2017 , is the 2nd Annual after the successful launch of 2016 Edition of the same. It is the only International, one of its kind summit in India, which will bring the entire ecosystem of the Food Safety and Food Processing industry of F&B manufacturers, regulators, analytical services and testing companies, consultants etc in one global platform to network, gain insight, share knowledge and discuss the best practices in food quality and safety systems with FSSAI’s instrumentation standards and changes.
India’s food and grocery market is expected to touch USD 482 billion by 2020. India’s food industry stands at USD 39.71 billion. It is expected to grow at a Compounded Annual Growth Rate (CAGR) of 11% to USD 65.4 billion by 2018.
Indian food and grocery market is the 6th largest in the world with retail contributing 70 % sales. Indian food processing industry accounts for 32% of the country’s total food market, it is ranked 5th in terms of production, consumption, export and expected growth.
Indian food processing industry contributes around 14% of manufacturing Gross Domestic Product (GDP) , 13 % of India’s exports and 6 % of total industrial investment.
The adoption of food safety and quality assurance mechanisms, such as Total Quality Management (TQM) , including ISO 9000, ISO 22000, Hazard Analysis and Critical Control Points ( HACCP) , Good Manufacturing Practices (GMP) and Good Hygienic Practices (GHP) by food processing industry offers several benefits.