Sustainability is ‘changing the Manufacturng Game' as Half of World's Consumers Are Willing to Pay More for Sustainable Products
Last Update: Monday, October 28, 2019 : 14:52 (+4GMT)
- Latest data from Accenture highlights growing trend, which will be one of several key topics under the microscope at 2nd Gulfood Manufacturing Foodtech Summit
- With three quarters of consumers citing reusable or recyclable designs as important to their buying habits, Summit will hear why manufacturers must embrace change to succeed
Dubai, UAE – 28 October 2019: Increased consumer knowledge on sustainability in manufacturing sparked by growing environmental awareness, and the prevalence of digitalisation, are changing the manufacturing industry. According to a study by Accenture, half of the world’s consumers are willing to pay more for sustainable products.
The same research shows that more than three quarters of consumers (83 percent) believe it is important for companies to design products that are reusable or can be recycled. It is a trend that manufacturers must pay attention to in order to remain successful in a competitive marketplace, and is one of more than 20 major topics under the spotlight at the second Gulfood Manufacturing Foodtech Summit, taking place from 30-31 October at Dubai World Trade Centre (DWTC).
The agenda-setting Summit, which runs on the sidelines of Gulfood Manufacturing 2019, the sixth edition of the MENA region’s largest food and beverage processing and packaging forum, will deep-dive into the industry’s rapid transformation and chart the best way forward.
Lars Holmquist, Vice President Packaging Solutions & Commercial Operations, Tetra Pak, will address the Summit on how sustainability and digitalisation are impacting the industry in his session titled ‘Food manufacturing and packaging – the changing rules of the game’.
“Sustainability is something that every manufacturer and packager should seriously consider for long-term success. It is the future and its adoption is a must for all players in this industry,” said Holmquist. “Sustainability is not only essential to maintain consumer demand but also to enhance the overall profile and health of the industry. Sustainability provides long-term opportunities for F&B manufacturers.”
Be Bold
Under the Summit theme ‘Food Production Reinvented’, Samir Moftah, Director Research and Innovation, Quality and Food Safety, Danone Egypt, will address the Summit with a presentation on ‘Design thinking as a tool to move faster and de-risk innovations’.
“Design thinking is a process and mindset that tries to reduce risk that comes from fast and bold innovation,” said Moftah. “As the F&B industry needs to meet more complex consumer and customer desires at neck-breaking speed, we need to learn from other industries how they handle innovation at speed.”
Moftah suggests bolder strategies and solutions are needed to stay relevant in a fast-changing market to ensure complex consumer needs are fulfilled.
“I am excited to speak at the Gulfood Manufacturing Foodtech Summit about how to introduce bold innovations speedily in the F&B industry. I am also looking forward to attending the other sessions and hearing about new technologies, supplier strategies, and the chance to meet industry leaders,” he added.
With key topics such as how Artificial intelligence is impacting the F&B industry, the on-set of smart packaging, the adoption of new technologies, transforming food safety and tastes of the future, the Gulfood Foodtech Summit will serve as a holistic platform to shape the future of the F&B industry.
Amongst the other noteworthy speakers taking to the stage over the two days are Dr. Imad Farhat, Global VP Taste, Firmenich, who will address ‘Taste for Good, the role of flavours in sugar reduction’; Athar Siddiqui, Executive Vice President Digital Factory, Siemens, who will deliver a session titled ‘A Case Study: Digital Twins’, looking at digital replicas of manufacturing facilities; and Dr. Jarrah El Jarrah, COO - Al Rabie Saudi Foods Co, who will highlight the importance of value proposition and the urgency of moving from operational excellence to operational innovation in F&B industry.
Show Information
Gulfood Manufacturing 2019 will run alongside co-located events including Private Label & Licensing Middle East Exhibition, the MENA region’s first dedicated private label and licensing exhibition; SEAFEX Middle East, the only professional seafood event for the Middle East, Africa and Asia and yummex ME, the MENA region’s leading event for the sweets and snacks industry.
Gulfood Manufacturing 2019 is open from 10 am – 6 pm on 29-30 October and 10 am – 5pm on 31 October. The show is open to food and beverage industry professionals and visitor attendance is free of charge. The Gulfood Manufacturing Foodtech Summit runs from 10.30 am – 5 pm in Al Multaqua Ballroom on 30 October, and from 10.30 am – 4 pm on 31 October.
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