Gulfood Food Fair Dubai 2021
GULFOOD trade show is definitely the leading trade show events for the food & beverage industry. The event has been growing in strength over the years. The 26th edition of the event is expected to have approximately 5000 exhibitors and 97,000 visitors from more than 200 countries. World class chefs, food scientists and eminent personalities of the industries are expected to turn up at the event. Conducting the event after the pandemic reflects the resilience of the show organizers and other stakeholders. Everyone is looking up enthusiastically to make the trade show an enormous success and set the mood for the coming years. As the UAE sets the target of being a food secure nation by 2051, the opportunity for the global food & beverage industry is enormous. If you are the one looking to explore latest innovations and technology in the world of food & beverage, GULFOOD is the place.
Indian companies have been participating at the event with an infectious energy. Some of the top companies like AMUL have made a mark on the event. The MENA region is expected to witness above average F&B growth in the next five years. The MENA region with a commercial centre in Dubai, UAE has a huge trade potential both as a standalone market and as a trading corridor for business expansion in Africa and Asia. With an increasing level of wealth and rapidly developing infrastructure, consumers have a greater access to a wider range of food & beverages. In the aftermath of Covid-19, the food & beverage industry is embarking on a transformative path in production and supply chain. To tap on the latest trends, exploring the innovation hotbed of GULFOOD becomes imperative.
Change in consumer taste & preferences, demographic shifts, migration and rise of the middle class constantly push the need for new and novel innovation in the food & beverage industry. As the Gulfood trade show enter its 26th edition, the share of local production is increasing with every passing year. There is a chance of transparent labeling, increased concentration on health & well being, environment friendly packaging and ethical ingredient sourcing. The Halal world food global trading platform generates massive investment for business looking to capitalize on the burgeoning halal food sector.
Trade and technology go hand in hand. Technology has always been the enabler of fast and rapid trade. The advent of internet and digital platforms transformed the way businesses are conducted. It has been only around 20 years before internet technology started changing our life. However, today we cannot imagine business and trade transactions in absence of a digital platform. Understanding the requirements of connecting global buyers and sellers, many trade platforms came up with some wonderful innovations. Popular B2B platforms among them are India Mart, Trade India, Alibaba, etc. In the first phase of B2B trade revolution; these platforms successfully connected global buyers and sellers. Trade could be conducted from the comfort of your offices without the need to be physically present. However, with time sellers and buyers wanted more from the platforms. Problems of middlemen and intermediaries still persisted and real buyers and sellers could not receive the full value of a seamless trade. Besides, the platform was unable to address the problem of end to end solution like the payment security, delivery and logistics issues. Identifying the service gap, TRADOLOGIE.COM established its own intelligent platform. The platform boasts of 25,000 verified sellers and 200,000 buyers. Tradologie.com has been growing rapidly with gross merchandise value in excess of ₹ 25 Billion. TRADOLOGIE.COM has successfully emerged as an alternate supply chain for exporters and importers. The Pandemic caused a wide-scale disruption to the global supply chain. There is an urgent need for a digital solution to continue the trade. TRADOLOGIE.COM has the solution to all the procurement and delivery problems for the rice industry. It provides a separate app for both sellers and buyers to facilitate trade in real-time and on the move. Physical boundaries are transcended effortlessly to deliver high-value solutions to both buyers and sellers. The USP of TRADOLOGIE.COM is the Negotiation Platform that allows sellers to quote prices to the buyer in real-time on a reverse bidding mechanism. The seller is able to Quote Prices while have 100% Genuine Market Insight while the buyer can see the whole spectrum of sellers and place orders after seeing the profile of participant sellers (including previous orders) and negotiating with them through counter offer mechanisms. Buyers and sellers need to furnish important documents like a letter of intent and complete the Payment Obligation using LC before the actual order is executed. Seller receives the payment only after the buyer is in possession of confirmation of dispatch of the commodity (as per the signed contract). Buyers looking to buy Best Basmati rice online can save up to 20% on TRADOLOGIE.COM. The company has been regularly participating in trade shows and exhibition for the last few years.
