Product Code: ETC187960 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Indonesia Cheese Powder market currently, in 2023, has witnessed an HHI of 3340, Which has decreased slightly as compared to the HHI of 4013 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.
The Indonesia cheese powder market has experienced a steady growth rate in the past few years, due to an increasing demand for ready-to-eat snacks and processed food products. The rising popularity of snacking culture among consumers has been one of the major drivers for this market. Cheese powders are also being increasingly used as ingredients in various types of dishes such as pasta, sauces, salads and soups. The growing health consciousness among Indonesias is also seen to be driving the consumption of cheese powder products as they are considered more nutritious than other kinds of dairy products. Moreover, product innovation coupled with promotional activities by key players have further boosted the sales of these products in Indonesia over recent years.
One current trend observed within the Indonesia cheese powder market is increased focus on sustainability initiatives taken by companies operating in this space. Manufacturers have started introducing more eco-friendly packaging materials which help them protect their brand image while reducing their environmental impact at the same time. Additionally, there has been a significant rise in organic and non-GMO varieties available for purchase within this sector too, catering to health conscious customers who prioritize quality over price when it comes to snack items like cheese powders.
The increasing demand for convenience foods amongst Indonesia consumers is one primary driver that has contributed significantly towards growth witnessed by this industry lately; many people nowadays prefer ready-made options which can be prepared quickly rather than spending hours cooking meals from scratch or going out for dinner every night - leading them towards seeking out convenient alternatives like cheese powders instead which save time without compromising on taste either way! Additionally, strong marketing campaigns conducted by manufacturers have helped raise awareness about these unique offerings offered within respective categories - thus facilitating greater penetration into customer base overall & eventually resulting higher revenues generated through sales volume increase itself accordingly too!
The COVID-19 pandemic has had a profound impact on the Indonesia cheese powder market. The outbreak of coronavirus disease and the subsequent economic lockdown have resulted in reduced discretionary spending, leading to lower sales for cheese powder products. Moreover, with higher demand for essential items such as food grains and staples over other non-essential items like dairy products, consumers? preference shifted towards basic needs instead of luxury goods such as cheese powder. This decreased the overall consumption of cheese powder in Indonesia.
One major challenge faced by producers in the Indonesia Cheese Powder Market is rising raw material prices due to increased costs associated with importing ingredients from abroad or procuring them locally due to transportation constraints during times of global lockdowns that caused supply chain disruptions. In addition, many companies were forced to reduce their production levels due to lack of workforce availability while following social distancing protocols. Furthermore, stringent government regulations regarding product labeling and pricing have also posed a challenge for manufacturers operating in this space. Last but not least ,the prevalence of counterfeit products has damaged consumer trust among certain demographics who are less likely to purchase genuine branded products at premium price points.
Some key players currently operating within the Indonesia Cheese Powder market include Nestle Indonesia , PT Mayora Indah Tbk., Dua Kelinci , ABC Dairy Product Industry Co., Ltd., Kolson Group Malaysia Berhad , PT Nutrifood Indonesia , Azuma Foods International (Japan) Co., Ltd., Kraft Heinz Company etc.. All these companies focus on both domestic as well as international markets through strong distribution networks and promotional activities.
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 Cheese Powder Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Cheese Powder Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Cheese Powder Market - Industry Life Cycle |
3.4 Indonesia Cheese Powder Market - Porter's Five Forces |
3.5 Indonesia Cheese Powder Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Indonesia Cheese Powder Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Indonesia Cheese Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Cheese Powder Market Trends |
6 Indonesia Cheese Powder Market, By Types |
6.1 Indonesia Cheese Powder Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Cheese Powder Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 Indonesia Cheese Powder Market Revenues & Volume, By Cheddar, 2020-2030F |
6.1.4 Indonesia Cheese Powder Market Revenues & Volume, By Parmesan, 2020-2030F |
6.1.5 Indonesia Cheese Powder Market Revenues & Volume, By Mozzarella, 2020-2030F |
6.1.6 Indonesia Cheese Powder Market Revenues & Volume, By Other Product Types, 2020-2030F |
6.2 Indonesia Cheese Powder Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Cheese Powder Market Revenues & Volume, By Bakery and Confectionery, 2020-2030F |
6.2.3 Indonesia Cheese Powder Market Revenues & Volume, By Sweet and Savory Snacks, 2020-2030F |
6.2.4 Indonesia Cheese Powder Market Revenues & Volume, By Sauces, Dressings, and Dips and Condiments, 2020-2030F |
6.2.5 Indonesia Cheese Powder Market Revenues & Volume, By Ready Meals, 2020-2030F |
6.2.6 Indonesia Cheese Powder Market Revenues & Volume, By Other Applications, 2020-2030F |
7 Indonesia Cheese Powder Market Import-Export Trade Statistics |
7.1 Indonesia Cheese Powder Market Export to Major Countries |
7.2 Indonesia Cheese Powder Market Imports from Major Countries |
8 Indonesia Cheese Powder Market Key Performance Indicators |
9 Indonesia Cheese Powder Market - Opportunity Assessment |
9.1 Indonesia Cheese Powder Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Indonesia Cheese Powder Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Indonesia Cheese Powder Market - Competitive Landscape |
10.1 Indonesia Cheese Powder Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Cheese Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |