Product Code: ETC107267 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia Cocoa Nibs Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 5.80% in 2025, the growth rate steadily ascends to 42.21% in 2029.
In the Asia region, the Cocoa Nibs market in Indonesia is projected to expand at a exponential growth rate of 20.42% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
Indonesia is a major producer of cocoa beans and its derivatives, such as cocoa nibs. Cocoa beans are mainly produced in the provinces of Lampung and Sulawesi, while processing takes place on Java island. In recent years Indonesia production has increased significantly due to the extension of plantations and investments in new processing plants by local companies as well as foreign investors from the US, Germany and Switzerland. The main market for Indonesia cocoa beans is Europe, followed by Japan, America and Australia.
The global demand for cocoa products continues to increase driven by both traditional markets (such as chocolate bars) and emerging ones (such as beverages). This trend is expected to continue over time resulting in rising production volumes of cocoa bean-derived ingredients like cocoa nibs in Indonesia. Indonesia exports have grown at an average annual rate of 9% between 2014-2018. With regard to consumption trends within Indonesia itself, there has been growing interest among local consumers who increasingly prefer premium products with higher quality standards - this could present potential opportunities for niche players offering differentiated products which can capture higher value retail prices or target specific consumer segments such as health food aficionados or millennials seeking unique experiences through high-quality sweet treats flavoured with natural ingredients such as organic roasted cocoas from Indonesia.
The growth prospects for the industry remain positive due to a few factors including favorable climatic conditions which enable year round harvesting throughout most parts of the country; increasing government support towards developing agricultural infrastructure across rural areas; continued expansion efforts led by multinational firms looking into establishing long term supply contracts with farmers/growers located closeby their factories; robust trade agreements signed between countries providing low import tariffs on finished goods exported outwards thereby stimulating demand growth during times when domestic consumption levels seem stagnant etc. These drivers act collectively towards contributing towards sustained profitability margins across all stages involved within this sector ranging right from raw material collection up until final sale & distribution channels managed nationwide through various networks established around regional hubs like Jakarta & Surabaya amongst others.
The Indonesia cocoa nibs market has been severely impacted by the COVID-19 pandemic. The lockdown measures implemented to contain the spread of the virus have led to a decrease in demand for cocoa products, including cocoa nibs, leading to supply chain disruptions and reduced production. As a result, prices of these products have fallen drastically in recent months.
One of the primary challenges faced by this sector is related to labor availability. Due to restrictions on movement due to lockdowns, there has been an acute shortage of skilled workers who are essential for harvesting and processing cocoa beans into usable items such as cocoa nibs. This challenge is particularly evident in rural areas where most agricultural activities take place and depend heavily on manual labor.
There are several key players operating within this industry including Hershey Company, Mars Inc., Barry Callebaut AG (Switzerland), Blommer Chocolate Co., Cargill Corporation (USA), Olam International Ltd (Singapore) etc. These companies dominate both domestic production as well as imports from abroad while smaller local producers like QL Cocoa operate mainly at regional level providing niche specialty products made with locally sourced ingredients relevant only within Indonesia markets.
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 Cocoa Nibs Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Cocoa Nibs Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Cocoa Nibs Market - Industry Life Cycle |
3.4 Indonesia Cocoa Nibs Market - Porter's Five Forces |
3.5 Indonesia Cocoa Nibs Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Indonesia Cocoa Nibs Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Cocoa Nibs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Cocoa Nibs Market Trends |
6 Indonesia Cocoa Nibs Market, By Types |
6.1 Indonesia Cocoa Nibs Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Cocoa Nibs Market Revenues & Volume, By Product, 2018 - 2031F |
6.1.3 Indonesia Cocoa Nibs Market Revenues & Volume, By Conventional, 2018 - 2031F |
6.1.4 Indonesia Cocoa Nibs Market Revenues & Volume, By Organic, 2018 - 2031F |
6.2 Indonesia Cocoa Nibs Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Cocoa Nibs Market Revenues & Volume, By Commercial, 2018 - 2031F |
6.2.3 Indonesia Cocoa Nibs Market Revenues & Volume, By Household, 2018 - 2031F |
7 Indonesia Cocoa Nibs Market Import-Export Trade Statistics |
7.1 Indonesia Cocoa Nibs Market Export to Major Countries |
7.2 Indonesia Cocoa Nibs Market Imports from Major Countries |
8 Indonesia Cocoa Nibs Market Key Performance Indicators |
9 Indonesia Cocoa Nibs Market - Opportunity Assessment |
9.1 Indonesia Cocoa Nibs Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Indonesia Cocoa Nibs Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Cocoa Nibs Market - Competitive Landscape |
10.1 Indonesia Cocoa Nibs Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Cocoa Nibs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |