Product Code: ETC081467 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Beef market currently, in 2023, has witnessed an HHI of 5372, Which has increased moderately as compared to the HHI of 3883 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Indonesia is a large and growing beef market in Southeast Asia. It has a population of over 261 million people, making it one of the most populous countries in the world. The country`s per capita consumption of beef is around 2kg annually, which is relatively low compared to other countries in the region such as Thailand (5kg) and Vietnam (7kg).
Increasing disposable incomes due to economic growth, rising demand for convenience foods, rapid urbanization are some of the factors driving demand for beef products in Indonesia. Consumers prefer local grass-fed and organic feedlot-raised cattle over imported frozen meat from Australia or New Zealand. This preference can be attributed to food safety concerns associated with imported meats. Additionally, increasing awareness about health benefits associated with consuming lean protein sources such as Beef also drives its demand among consumers across various income groups
Challenges of The Market
Despite growing interest towards consuming high quality Beef products within Indonesia there remain several challenges that hinder industry growth prospects including limited cold storage infrastructure for fresh beef products; an absence of government policies/initiatives aimed at promoting domestic production & consumption of Indonesian Beef; Lack of access to credit & financing options available for small scale farmers/producers who constitute majority share producers etc.. These issues pose significant constraints on industry development despite strong consumer base present within country
Opportunity of The Market
The recent outbreak COVID 19 has further propelled online sales channel through which customers can purchase various types processed / prepared beef items from comfort their homes without any worries related hygiene & sanitation while shopping physical stores . Furthermore several innovative startups have emerged offering customized solutions catering specific needs Kitchen Ready Meats , Fresh Food Boxes etc . Such initiatives offer great opportunity attract new customer base by providing value added services
Covid 19 Impact of The Market
Various restrictions imposed by Government authorities order contain spread Covid 19 pandemic led closure certain outlets operations resulting short term decline overall sales volumes during initial months after outbreak however situation gradually improved subsequent months allowing industries slowly return normalcy impacting positively sale figures
Size of The MarketAccording current published reports size Indonesian Beef Market estimated US$ X Billion 2019 expected grow XX% CAGR forecast period 2020 2027 driven above mentioned factors Urbanization Economic Growth Disposable Incomes Changing Lifestyle Patterns Rising Health Awareness Etc
Share of The Market
Domestic market share constitutes major chunk report owing presence large number small scale farmers producing variety high quality locally sourced meat However Imports still play crucial role meet excess supply demanded times peak season especially resorts
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Beef Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Beef Market Revenues & Volume, 2020 & 2027F |
3.3 Indonesia Beef Market - Industry Life Cycle |
3.4 Indonesia Beef Market - Porter's Five Forces |
3.5 Indonesia Beef Market Revenues & Volume Share, By Beef Cut, 2020 & 2027F |
3.6 Indonesia Beef Market Revenues & Volume Share, By Beef Slaughter Method, 2020 & 2027F |
4 Indonesia Beef Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Beef Market Trends |
6 Indonesia Beef Market, By Types |
6.1 Indonesia Beef Market, By Beef Cut |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Beef Market Revenues & Volume, By Beef Cut, 2018 - 2027F |
6.1.3 Indonesia Beef Market Revenues & Volume, By Brisket, 2018 - 2027F |
6.1.4 Indonesia Beef Market Revenues & Volume, By Shank, 2018 - 2027F |
6.1.5 Indonesia Beef Market Revenues & Volume, By Loin, 2018 - 2027F |
6.1.6 Indonesia Beef Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 Indonesia Beef Market, By Beef Slaughter Method |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Beef Market Revenues & Volume, By Kosher, 2018 - 2027F |
6.2.3 Indonesia Beef Market Revenues & Volume, By Halal, 2018 - 2027F |
6.2.4 Indonesia Beef Market Revenues & Volume, By Others, 2018 - 2027F |
7 Indonesia Beef Market Import-Export Trade Statistics |
7.1 Indonesia Beef Market Export to Major Countries |
7.2 Indonesia Beef Market Imports from Major Countries |
8 Indonesia Beef Market Key Performance Indicators |
9 Indonesia Beef Market - Opportunity Assessment |
9.1 Indonesia Beef Market Opportunity Assessment, By Beef Cut, 2020 & 2027F |
9.2 Indonesia Beef Market Opportunity Assessment, By Beef Slaughter Method, 2020 & 2027F |
10 Indonesia Beef Market - Competitive Landscape |
10.1 Indonesia Beef Market Revenue Share, By Companies, 2020 |
10.2 Indonesia Beef Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |