In collaboration with partners, the Trade Commissioner Service is organizing the Food Ingredients Fair as an in-person B2B event in Seoul on October 10-11, 2023.

Ready-meals and healthy foods have become major pillars of the Korean food industry where more than 30,000 processors operate both for domestic and international markets. While their business expands into wider global markets, the Korean food processors heavily rely on imported ingredients especially from the countries with clean and safe food supply to satisfy the high standards of the consumers. Responding to the demands, this year’s focus will be healthy and innovative ingredients such as specialty grains and pulses, intermediate ingredients such as plant-based proteins and additives, processed fruit products, functional ingredients, etc. which can be used in the various forms of final food and health functional products in Korea.

Food Ingredients Fair 2023 will aim to serve up to 15 Canadian companies who are export-ready and keen to expand and diversify their exports by entering into the Korean market. Once the recruitment of Canadian participants is completed in collaboration with the partners, the TCS will consolidate interests from the Korean buyers to do a matchmaking and provide customized 1-on-1 meeting programs with potential buyers for each participant. A market briefing and a site visit will be additionally organized for the participants to be better quipped for their meetings with the Korean buyers.

This program is open to Canadian exporters of specialty grains and pulses, intermediate ingredients such as plant-based proteins and additives, processed fruit products, functional ingredients. Must be produced in Canada. Please note that priorities will be given to those products or companies with stronger market potentials in the Korean market.

Target Korean buyers: general food and health functional food processors, manufacturers, HMR and private label OEM manufacturers, food importers and retailers, etc.

Program

Tuesday, October 10^th, 2023

• Market briefing
• Site visit/meeting with a Korean food processing company or a retailer

Wednesday, October 11^th, 2023

• 1-on-1 meetings with the Korean buyers
• Networking lunch

This event will be held as an in-person program and no virtual option will be provided.

If you are interested in participating you will be required to complete the registration at this link: https://forms.gle/WMZMBd3sPadXFFwp8 and send an email to info@cfea.com advising that you registered. The TCS will then make the decision whether or not to select your company for this program. If selected to participate and funding is approved you will be invoiced a participation fee of $500.00.

If you have any questions please contact us at 416-445-3747 or by email info@cfea.com.

Travel Reimbursement (CFEA members) (pending funding approval):

CFEA members may possibly receive 50% reimbursement of economy (or premium economy airline tickets) (for one person), a per diem of $287.50 per day up to 4 days (for one person) and 50% reimbursement of carbon offset credits. We reserve the right to limit the maximum reimbursement if the airline tickets and / or shipment invoices exceed our total budget for this activity.

Once you book your travel please keep the below documentation on file:

1. Copy of an economy or premium economy airline ticket (full fare not permitted) showing dates travelled and price paid. Note: if you fly in a full fare economy/premium economy or business class you will need to generate a mock up ticket using the same airline, routing dates as the paid ticket.
2. Copy of airline ticket proof of payment (credit card statement showing line item of the charge or if you booked with a travel agent and paid by cheque a copy of the agent’s invoice and the cleared cheque from your bank account).
3. Copies of boarding passes for all flight segments. If the boarding passes are not available, you will be required to show a copy of the hotel check out receipt and proof of payment. Note: Air BnB and other pre-paid accommodations are not permitted for the reimbursement process.
4. Copy of the receipt from the carbon offset credit company along with proof of payment. If you need recommendations on a carbon offset credit company please reach out to us for details.

Funding is pending approval from AAFC’s AgriMarketing Program.