Indonesia Bakery Market | Revenue, Trends, Analysis, Growth, Value, Companies, Forecast, COVID-19 IMPACT, Industry, Share, Outlook & Size

Indonesia Bakery MarketSynopsis

Indonesia bakery market is a rapidly growing sector, with an estimated value of about US$1.6 billion in 2020. It has been recording a steady growth of 7-9% since 2015 and this is projected to continue over the next few years. This growth has been driven by increasing disposable incomes, changing lifestyle habits and rising demand for convenience foods among urban consumers.

Market Trends

The Indonesia bakery market is currently dominated by traditional bakeries who offer fresh products such as cakes, pastries, breads etc., but there has been an increase in the number of modern bakeries offering packaged items such as cookies, doughnuts etc. In addition to this there are also specialty stores catering to specific needs like vegan or gluten-free options which have become increasingly popular recently. Bakery chains across Indonesia have seen significant expansion due to their efficient operations and attractive product offerings at competitive prices.

Market Drivers

An important factor driving the growth of Indonesia bakery market is its large population base with purchasing power parity (PPP) which makes it one of the most attractive markets worldwide for investment opportunities related to food consumption patterns including high quality baked goods and snacks. Additionally, increased health consciousness amongst consumers has led them towards healthier options like organic ingredients or low sugar content thereby further boosting sales volume from these categories within the country?s bakery space.

COVID-19 Impact on the Market

The COVID-19 pandemic had a major impact on all sectors globally including baking industry in Indonesia where lockdowns impacted business activities significantly leading many players to incur losses during late 2020/early 2021 period owing primarily arising out of lack consumer traffic resulting from social distancing norms imposed by Government authorities. To counter this effect , some players adopted strategies such as launching new home delivery services , emphasizing digital marketing campaigns & discounts while others resorted towards introducing additional hygiene practices especially when handling retail orders. All these efforts enabled them not only survive through crisis but even expand customer base further during said period.

Challenges of the Market

Some of the major challenges faced by bakeries in Indonesia include rising costs due to labor shortages triggered by employees falling ill or taking leave during this period; financial constraints owing to reduced revenue streams; decreasing customer confidence leading to decreased demand; difficulty securing raw materials due to disrupted supply chains; safety protocol implementation causing extra overhead costs; and lack of digital infrastructure which can enable virtual transactions like online delivery services.

Industry Key Players

Major players operating in the Indonesia Bakery Market are PT Graha Jaya Pratama Kinerja Tbk (GJAK), PT Sari Roti Tbk (SROT), PT Sinarindo Megah Raya Tbk (SMRG), CSM Bakery Solutions Indonesia, Bakers Delight Indonesia , Dunkin Donuts Indonesia , Mayora Indah Tbk (MYOR) among others.

Key Highlights of the Report:

• Indonesia Bakery Market Outlook
• Market Size of Indonesia Bakery Market, 2023
• Forecast of Indonesia Bakery Market, 2030
• Historical Data and Forecast of Indonesia Bakery Revenues & Volume for the Period 2020-2030
• Indonesia Bakery Market Trend Evolution
• Indonesia Bakery Market Drivers and Challenges
• Indonesia Bakery Price Trends
• Indonesia Bakery Porter's Five Forces
• Indonesia Bakery Industry Life Cycle
• Historical Data and Forecast of Indonesia Bakery Market Revenues & Volume By Product Type for the Period 2020-2030
• Historical Data and Forecast of Indonesia Bakery Market Revenues & Volume By Cakes and Pastries for the Period 2020-2030
• Historical Data and Forecast of Indonesia Bakery Market Revenues & Volume By Biscuits for the Period 2020-2030
• Historical Data and Forecast of Indonesia Bakery Market Revenues & Volume By Bread for the Period 2020-2030
• Historical Data and Forecast of Indonesia Bakery Market Revenues & Volume By Morning Goods for the Period 2020-2030
• Historical Data and Forecast of Indonesia Bakery Market Revenues & Volume By Other for the Period 2020-2030
• Historical Data and Forecast of Indonesia Bakery Market Revenues & Volume By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of Indonesia Bakery Market Revenues & Volume By Hypermarkets/Supermarkets for the Period 2020-2030
• Historical Data and Forecast of Indonesia Bakery Market Revenues & Volume By Convenience Stores for the Period 2020-2030
• Historical Data and Forecast of Indonesia Bakery Market Revenues & Volume By Speciality Stores for the Period 2020-2030
• Historical Data and Forecast of Indonesia Bakery Market Revenues & Volume By Online Retailing for the Period 2020-2030
• Historical Data and Forecast of Indonesia Bakery Market Revenues & Volume By Other for the Period 2020-2030
• Indonesia Bakery Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Distribution Channel
• Indonesia Bakery Top Companies Market Share
• Indonesia Bakery Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Bakery Company Profiles
• Indonesia Bakery Key Strategic Recommendations