Product Code: ETC035688 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia condensed evaporated and dry milk market is projected to reach aof USD 6.16 billion by 2026 registering a CAGR of 7.3% during theperiod (2020-2026). The increasing demand for innovative food products from consumers is likely to drive theof this market in Indonesia. Manufacturers are focusing on product innovation and packaging as major strategies to improve their performance in the market.
Ready-to-eat dairy products are gaining traction among Indonesia consumers due to busy schedules and time constraints associated with preparing meals at home. Evaporated milk has become an important ingredient in ready-to-eat snacks such as cakes cookies desserts etc. which drives its consumption across households and food service outlets in Indonesia. The growing prevalence of lactose intolerance among individuals propels them towards choosing plant-based alternatives leading to an increase in vegan bakery sales using condensed or evaporated milk as ingredients thus driving up their demand. Over the years disposable incomes have increased significantly among Indonesias owing to economic development creating avenues for higher spending on luxury items including packaged food products containing ingredients such as condensed evaporated milk. Thus increasing disposable income levels will directly impact consumer preferences for convenience foods resulting in greater uptake of these products thereby surging demand for these types of milk.
Condensed and evaporate milks require processing techniques that involve high production costs which might pose hindrance regarding availability at low prices . This could hamper adoption rates amongst general population who could be opting out due priority being given towards affordability.
Major players operating within this space include Nestle S AFrieslandCampina GroupPT Indofood CBP Sukses Makmur TbkDanone SAKraft Heinz Company etc.
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 Condensed, Evaporated and Dry Milk Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Condensed, Evaporated and Dry Milk Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Condensed, Evaporated and Dry Milk Market - Industry Life Cycle |
3.4 Indonesia Condensed, Evaporated and Dry Milk Market - Porter's Five Forces |
3.5 Indonesia Condensed, Evaporated and Dry Milk Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Indonesia Condensed, Evaporated and Dry Milk Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Indonesia Condensed, Evaporated and Dry Milk Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Condensed, Evaporated and Dry Milk Market Trends |
6 Indonesia Condensed, Evaporated and Dry Milk Market, By Types |
6.1 Indonesia Condensed, Evaporated and Dry Milk Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Condensed, Evaporated and Dry Milk Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 Indonesia Condensed, Evaporated and Dry Milk Market Revenues & Volume, By Dry Milk Product, 2020-2030F |
6.1.4 Indonesia Condensed, Evaporated and Dry Milk Market Revenues & Volume, By Condensed Milk Product, 2020-2030F |
6.1.5 Indonesia Condensed, Evaporated and Dry Milk Market Revenues & Volume, By Evaporated Milk Product, 2020-2030F |
6.2 Indonesia Condensed, Evaporated and Dry Milk Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Condensed, Evaporated and Dry Milk Market Revenues & Volume, By Food, 2020-2030F |
6.2.3 Indonesia Condensed, Evaporated and Dry Milk Market Revenues & Volume, By Beverages, 2020-2030F |
6.2.4 Indonesia Condensed, Evaporated and Dry Milk Market Revenues & Volume, By Intermediate Products, 2020-2030F |
6.2.5 Indonesia Condensed, Evaporated and Dry Milk Market Revenues & Volume, By Condiments, 2020-2030F |
6.2.6 Indonesia Condensed, Evaporated and Dry Milk Market Revenues & Volume, By Other, 2020-2030F |
7 Indonesia Condensed, Evaporated and Dry Milk Market Import-Export Trade Statistics |
7.1 Indonesia Condensed, Evaporated and Dry Milk Market Export to Major Countries |
7.2 Indonesia Condensed, Evaporated and Dry Milk Market Imports from Major Countries |
8 Indonesia Condensed, Evaporated and Dry Milk Market Key Performance Indicators |
9 Indonesia Condensed, Evaporated and Dry Milk Market - Opportunity Assessment |
9.1 Indonesia Condensed, Evaporated and Dry Milk Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Indonesia Condensed, Evaporated and Dry Milk Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Indonesia Condensed, Evaporated and Dry Milk Market - Competitive Landscape |
10.1 Indonesia Condensed, Evaporated and Dry Milk Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Condensed, Evaporated and Dry Milk Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |