Top Growth Opportunities: Dairy & Soy Food in Indonesia

2017-08-10
Price :
Published : Aug-2017
No. of Pages : 115

Top Growth Opportunities: Dairy & Soy Food in Indonesia

Summary

Indonesia is the smallest market amongst the top ten countries in terms of per capita expenditure (US$ terms). The per capita expenditure on dairy and soy food products is growing rapidly and is supported by an increasing population and rising disposable income levels.

Indonesia is one of the largest dairy markets in the world with a value of over US$8bn in 2016. Combined with strong forecast growth of 8.6% CAGR over the 2016-2021 periods highlights it high reward score rank. The market is benefitting from Indonesia’s strong economy, and the increasing middle class is creating high demand for dairy products because they are perceived to be a simple and healthy way to improve consumers’ health.

Indonesia’s dairy market is forecast to see strong CAGR growth through to 2021 with forecast growth at 8.6% making it a key opportunity for international producers to expand their operations. The country’s large and growing economy is creating a wealthy, urbanized middle class that is developing Western tastes, such as dairy. For many of these middle class consumers dairy, especially milk, is seen as a healthy product that is a good source of essential nutrients for children. However, the country’s high level of corruption and the state’s overly active presence in the economy will hinder the development of private companies in many industries, such as dairy, in the long term.

Off-trade dairy sector accounted for higher value in US$ terms than on-trade, an effect mirroring general moves amongst the Indonesian consumers towards more consumption occurring within the home. Furthermore, the off-trade sector will record higher growth than on-trade in US$ terms in the next five years. Indonesia has a large young population which is aiding the growth of the dairy market, especially in the off-trade sector.

The report “Top Growth Opportunities: Dairy & Soy Food in Indonesia” provides recommended actions and detailed analysis of how to target the best growth opportunities for dairy and soy food producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of dairy and soy food markets in Indonesia.

In particular, this report provides the following analysis –
– Key consumer demographic groups driving consumption within the Indonesia market. Improve your consumer targeting by understanding who’s driving the market, what they want, and why.
– A study of market value and volumes over 2011-2016 for Indonesia, supplemented with category, brand and packaging analysis that shows the current state of the market, and how it will evolve over the 2016-2021 period.
– White space analysis, to pinpoint attractive spaces in the market and the key actions to take.
– Insight into the implications behind the data, and analysis of how the consumer needs will evolve in the short-to-medium term future.
– Examples of international and regional product innovation targeting key consumer needs.

Companies mentioned in this report: Royal Friesland Campina N.V, Nestle S.A, P.T. Indofood CBP Suskes Makmur Tbk.

Scope

– The Indonesian dairy market grew at a CAGR of 1.5% between 2011-2016 but is forecast to grow at a CAGR of 8.6% from 2016-2021 in value terms.
– The market is valued at US$ 8.8 billion, as of 2016.
– Friesland Campina is the most important company in the Indonesian dairy market with a 17.4% share of the market.

Reasons to buy

– This report brings together consumer analysis and market data to provide actionable insight into the behavior of Indonesia’s dairy consumers.
– This is based on GlobalData’s unique consumer data, developed from extensive consumption surveys and consumer group tracking, which quantifies the influence of 20 consumption motivations in the Dairy sector.
– Category, brand, and packaging dynamics are also examined.
– This allows product and marketing strategies to be better aligned with the leading trends in the market.

Filed in: Food & Beverage
Publisher : GlobalData
More Reports
Title Price Buy Now

Baking Ingredients (Bakery & Cereals) Market in Czech Republic – Outlook to 2022: Market Size, Growth and Forecast Analytics

Baking Ingredients (Bakery & Cereals) Market in Czech Republic - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Baking Ingredients (Bakery & Cereals) Market in Czech Republic - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Baking Ingredients market in Czech Republic. Baking Ingredients - individual ingredients or combinations of ingredients designed for baking. E.g. baking fruits, marzipan, baking yeast, icing etc. Also, includes cooking chocolate. Baking Ingredients market in Czech Republic registered a positive compound annual growth rate (CAGR) of 3.34% during the period 2012 to 2017 with a sales value of CZK 1,769.95 Million in 2017, an increase of 3.19% over 2016. The market achieved its strongest performance in ......
$500

Ambient (Canned) Pasta (Pasta & Noodles) Market in Hong Kong – Outlook to 2022: Market Size, Growth and Forecast Analytics

Ambient (Canned) Pasta (Pasta & Noodles) Market in Hong Kong - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Ambient (Canned) Pasta (Pasta & Noodles) Market in Hong Kong - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Ambient Pasta market in Hong Kong. Ambient Pasta - These are shelf stable packs of (non-dried) pasta which do not require chilling or refrigeration. These are very rare in most countries. Ambient Pasta market in Hong Kong registered a positive compound annual growth rate (CAGR) of 3.40% during the period 2012 to 2017 with a sales value of HKD 0.40 Million in 2017, an increase of 3.18% over 2016. The market achieved its strongest performance in 2016, when it grew by 3.49% over its previous year and its w......
$500

Baking Ingredients (Bakery & Cereals) Market in Singapore – Outlook to 2022: Market Size, Growth and Forecast Analytics

Baking Ingredients (Bakery & Cereals) Market in Singapore - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Baking Ingredients (Bakery & Cereals) Market in Singapore - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Baking Ingredients market in Singapore. Baking Ingredients - individual ingredients or combinations of ingredients designed for baking. E.g. baking fruits, marzipan, baking yeast, icing etc. Also, includes cooking chocolate. Baking Ingredients market in Singapore registered a positive compound annual growth rate (CAGR) of 4.06% during the period 2012 to 2017 with a sales value of SGD 49.07 Million in 2017, an increase of 3.85% over 2016. The market achieved its strongest performance in 2015, when it grew by 4......
$500

Ambient (Canned) Pasta (Pasta & Noodles) Market in South Korea – Outlook to 2022: Market Size, Growth and Forecast Analytics

Ambient (Canned) Pasta (Pasta & Noodles) Market in South Korea - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Ambient (Canned) Pasta (Pasta & Noodles) Market in South Korea - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Ambient Pasta market in South Korea. Ambient Pasta - These are shelf stable packs of (non-dried) pasta which do not require chilling or refrigeration. These are very rare in most countries. Ambient Pasta market in South Korea registered a positive compound annual growth rate (CAGR) of 10.12% during the period 2012 to 2017 with a sales value of KRW 824.82 Million in 2017, an increase of 8.64% over 2016. The market achieved its strongest performance in 2016, when it grew by 10.54% over its previous ye......
$500

Ambient (Canned) Pasta (Pasta & Noodles) Market in Belgium – Outlook to 2022: Market Size, Growth and Forecast Analytics

Ambient (Canned) Pasta (Pasta & Noodles) Market in Belgium - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Ambient (Canned) Pasta (Pasta & Noodles) Market in Belgium - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Ambient Pasta market in Belgium. Ambient Pasta - These are shelf stable packs of (non-dried) pasta which do not require chilling or refrigeration. These are very rare in most countries. Ambient Pasta market in Belgium registered a positive compound annual growth rate (CAGR) of 4.07% during the period 2012 to 2017 with a sales value of EUR 5.08 Million in 2017, an increase of 3.85% over 2016. The market achieved its strongest performance in 2016, when it grew by 4.32% over its previous year and its weakest p......
$500

Baking Ingredients (Bakery & Cereals) Market in Germany – Outlook to 2022: Market Size, Growth and Forecast Analytics

Baking Ingredients (Bakery & Cereals) Market in Germany - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Baking Ingredients (Bakery & Cereals) Market in Germany - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Baking Ingredients market in Germany. Baking Ingredients - individual ingredients or combinations of ingredients designed for baking. E.g. baking fruits, marzipan, baking yeast, icing etc. Also, includes cooking chocolate. Baking Ingredients market in Germany registered a positive compound annual growth rate (CAGR) of 1.48% during the period 2012 to 2017 with a sales value of EUR 69.45 Million in 2017, an increase of 1.37% over 2016. The market achieved its strongest performance in 2015, when it grew by 1.64% ove......
$500

Cookies (Sweet Biscuits) (Bakery & Cereals) Market in Portugal – Outlook to 2022: Market Size, Growth and Forecast Analytics

Cookies (Sweet Biscuits) (Bakery & Cereals) Market in Portugal - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Cookies (Sweet Biscuits) (Bakery & Cereals) Market in Portugal - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Cookies (Sweet Biscuits) market in Portugal. Cookies (Sweet Biscuits) - all sweet biscuits, including American style cookies (sweetened dough). Includes chocolate covered cookies/biscuits, filled biscuits (e.g. Oreos), and wafers. Cookies (Sweet Biscuits) market in Portugal registered a positive compound annual growth rate (CAGR) of 1.67% during the period 2012 to 2017 with a sales value of EUR 448.46 Million in 2017, an increase of 1.47% over 2016. The market achieved its strongest performance in 2......
$500

Cookies (Sweet Biscuits) (Bakery & Cereals) Market in United Kingdom – Outlook to 2022: Market Size, Growth and Forecast Analytics

Cookies (Sweet Biscuits) (Bakery & Cereals) Market in United Kingdom - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Cookies (Sweet Biscuits) (Bakery & Cereals) Market in United Kingdom - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Cookies (Sweet Biscuits) market in United Kingdom. Cookies (Sweet Biscuits) - all sweet biscuits, including American style cookies (sweetened dough). Includes chocolate covered cookies/biscuits, filled biscuits (e.g. Oreos), and wafers. Cookies (Sweet Biscuits) market in United Kingdom registered a positive compound annual growth rate (CAGR) of 1.70% during the period 2012 to 2017 with a sales value of GBP 2,142.27 Million in 2017, an increase of 1.72% over 2016. The market achieved its ......
$500

Baking Ingredients (Bakery & Cereals) Market in the United Arab Emirates – Outlook to 2022: Market Size, Growth and Forecast Analytics

Baking Ingredients (Bakery & Cereals) Market in the United Arab Emirates - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Baking Ingredients (Bakery & Cereals) Market in the United Arab Emirates - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Baking Ingredients market in United Arab Emirates. Baking Ingredients - individual ingredients or combinations of ingredients designed for baking. E.g. baking fruits, marzipan, baking yeast, icing etc. Also, includes cooking chocolate. Baking Ingredients market in the United Arab Emirates registered a positive compound annual growth rate (CAGR) of 6.53% during the period 2012 to 2017 with a sales value of AED 111.83 Million in 2017, an increase of 5.93% over 2016. The market achi......
$500

Cookies (Sweet Biscuits) (Bakery & Cereals) Market in Austria – Outlook to 2022: Market Size, Growth and Forecast Analytics

Cookies (Sweet Biscuits) (Bakery & Cereals) Market in Austria - Outlook to 2022: Market Size, Growth and Forecast Analytics Summary Cookies (Sweet Biscuits) (Bakery & Cereals) Market in Austria - Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Cookies (Sweet Biscuits) market in Austria. Cookies (Sweet Biscuits) - all sweet biscuits, including American style cookies (sweetened dough). Includes chocolate covered cookies/biscuits, filled biscuits (e.g. Oreos), and wafers. Cookies (Sweet Biscuits) market in Austria registered a positive compound annual growth rate (CAGR) of 2.24% during the period 2012 to 2017 with a sales value of EUR 596.37 Million in 2017, an increase of 2.19% over 2016. The market achieved its strongest performance in 2015,......
$500
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy