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

Indonesia Canned Vegetables Market Synopsis

Indonesia canned vegetables market is expected to grow significantly over the forecast period of 2020-2025. This growth is mainly attributed to the increasing demand for convenience food and rising urbanization. Furthermore, increased health consciousness among consumers has also propelled the growth of this market in Indonesia. Additionally, government initiatives such as subsidies on raw materials and export promotion are fuelling the development of new products by local vendors which will further contribute to the growth of this market during the forecast period.

Market Trends

The major trend observed in Indonesia canned vegetables market is that manufacturers are introducing more convenient packaging options like sachets, pouches and single serve packs due to their portability features. Moreover, Indonesia manufacturers are focusing on developing healthy snacks with added nutritional value by incorporating superfoods including pulses, nuts and seeds into their product range. Similarly, there has been an increase in demand for organic produce at retail outlets which can be seen as a favourable factor for sustainable agricultural practices in Indonesia.

Market Drivers

Some key drivers behind the growing popularity of canned vegetables include changing lifestyle patterns leading to busier schedules resulting in less time spent cooking meals; an expanding population base resulting in higher consumption; high affordability levels owing to competitive prices offered by vendors; availability across both rural and urban regions; improved shelf life due to innovative packing techniques used; along with variety being available from different sources including local retailers as well as e-commerce sites etc. The emergence of private label brands have also played a significant role towards making these products more accessible at cheaper rates across all income groups throughout Indonesia thereby boosting its overall sales figures within this sector.

COVID-19 Impact on the Market

The canned vegetables industry in Indonesia has been severely affected by the COVID-19 pandemic. With several countries imposing restrictions on food imports, export of canned vegetables from Indonesia to these countries has drastically decreased. This has caused a significant decline in production and sales of canned vegetables domestically as well, due to reduced demand for them.

Challenges of the Market

One of the major challenges faced by the Indonesia canned vegetable market is that it lacks product differentiation and innovation when compared to other markets such as Thailand and Malaysia. Additionally, due to lack of packaging standards, there is a high risk of spoilage during transportation which further reduces shelf life of products leading to losses for manufacturers and retailers. Furthermore, stringent regulations imposed by government regarding safety measures have resulted in increased cost associated with manufacturing process resulting in higher prices for consumers thus making them reluctant towards purchasing this product category.

Industry Key Players

Major players operating in Indonesia Canned Vegetables market include PT Cendana Putra Prima Surya Abadi (CPP), PT Mitrabahtera Sejati (MBS), Aceh Canning Company (ACC), Nippon Indosari Corporindo Tbk., KAO Sukses Makmur Berlian Group, PT Indo Agri Proteina Utama, San Miguel Foods Inc., Del Monte Pacific Ltd., GW Food Products Pte Ltd., Laxmi Intercontinental Pvt Ltd.

Key Highlights of the Report:

• Indonesia Canned Vegetables Market Outlook
• Market Size of Indonesia Canned Vegetables Market, 2023
• Forecast of Indonesia Canned Vegetables Market, 2030
• Historical Data and Forecast of Indonesia Canned Vegetables Revenues & Volume for the Period 2020-2030
• Indonesia Canned Vegetables Market Trend Evolution
• Indonesia Canned Vegetables Market Drivers and Challenges
• Indonesia Canned Vegetables Price Trends
• Indonesia Canned Vegetables Porter's Five Forces
• Indonesia Canned Vegetables Industry Life Cycle
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Tomatoes for the Period 2020-2030
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Carrot for the Period 2020-2030
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Peas for the Period 2020-2030
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Corn for the Period 2020-2030
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Spinach for the Period 2020-2030
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Vegetable Blend for the Period 2020-2030
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Category for the Period 2020-2030
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Organic for the Period 2020-2030
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Conventional for the Period 2020-2030
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Store-Based for the Period 2020-2030
• Historical Data and Forecast of Indonesia Canned Vegetables Market Revenues & Volume By Non-Store-Based for the Period 2020-2030
• Indonesia Canned Vegetables Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Category
• Market Opportunity Assessment By Distribution Channel
• Indonesia Canned Vegetables Top Companies Market Share
• Indonesia Canned Vegetables Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Canned Vegetables Company Profiles
• Indonesia Canned Vegetables Key Strategic Recommendations