Product Code: ETC177587 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia curry powder is a blend of spices commonly used in Indonesia cuisine to provide an aromatic flavor and distinctive color. It has become increasingly popular over the years, both among local chefs as well as international ones looking to replicate authentic flavors from Indonesia. The market for curry powder in Indonesia is expected to continue its growth due to increasing demand for traditional Indonesia food products, the popularity of fusion cuisines, and growing consumer spending power.
The trend towards healthier eating has driven consumers away from processed foods such as instant noodles and canned curries which contain additives or preservatives and have high sodium levels. This has led more people turning towards freshly cooked meals using locally sourced ingredients including natural herbs and spices like Indonesia Curry Powder. Additionally, there are also many new varieties of curry powders available on the market that offer different flavour profiles depending on the combination of spices used. These include ayam bumbu (chicken spice), rendang seasoning mix (a spicy beef stew)and papaya prawn sambal paste (a sweet-spicy seafood dish).
Growing awareness about health benefits associated with consuming fresh food made from natural ingredients is one factor driving increased demand for organic or naturally sourced ingredients like Indian Curry Powder in Indonesia. Moreover, with rising disposable incomes amongst middle class households coupled with increasing urbanization trends pushing up consumption - this will further fuel demand for ready-to-cook/ready-to-eat products containing all necessary elements including spices such as curry powder mixes etc., thus driving growth in the market further ahead. Also, several global companies have started manufacturing their own branded versions of these condiments which can be easily found across retail outlets within Indonesia ? adding greater convenience & choice for consumers when it comes to buying them online/offline.
The COVID-19 pandemic disrupted the global supply chain and led to a decrease in demand for Indonesia Curry Powder. Lockdown measures, travel restrictions, and decreased consumer spending have caused a slowdown of production and exports from Indonesia.
One of the biggest challenges faced by Indonesia curry powder producers is competition from other regional countries such as India or Sri Lanka who are also major players in the global market for curry powders. Additionally, food safety standards can be difficult to meet due to limited resources available for testing in rural areas where many producers are located. There is also an issue with counterfeiting which deters potential customers away from purchasing authentic products.
Some of the key players present in Indonesia curry powder market include Sumatra Spice Company (SSC), Java Spices Limited (JSL), Bali Spice Factory (BSF), Bandung Exotic Herbs & Spices (BEHS) and Aceh Spice Corporation(ASC).
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 Curry Powder Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Curry Powder Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Curry Powder Market - Industry Life Cycle |
3.4 Indonesia Curry Powder Market - Porter's Five Forces |
3.5 Indonesia Curry Powder Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Indonesia Curry Powder Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Indonesia Curry Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Curry Powder Market Trends |
6 Indonesia Curry Powder Market, By Types |
6.1 Indonesia Curry Powder Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Curry Powder Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Indonesia Curry Powder Market Revenues & Volume, By With Additive Type, 2020-2030F |
6.1.4 Indonesia Curry Powder Market Revenues & Volume, By Without Additive Type, 2020-2030F |
6.2 Indonesia Curry Powder Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Curry Powder Market Revenues & Volume, By Retail, 2020-2030F |
6.2.3 Indonesia Curry Powder Market Revenues & Volume, By Food Service, 2020-2030F |
6.2.4 Indonesia Curry Powder Market Revenues & Volume, By Food Processing, 2020-2030F |
7 Indonesia Curry Powder Market Import-Export Trade Statistics |
7.1 Indonesia Curry Powder Market Export to Major Countries |
7.2 Indonesia Curry Powder Market Imports from Major Countries |
8 Indonesia Curry Powder Market Key Performance Indicators |
9 Indonesia Curry Powder Market - Opportunity Assessment |
9.1 Indonesia Curry Powder Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Indonesia Curry Powder Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Indonesia Curry Powder Market - Competitive Landscape |
10.1 Indonesia Curry Powder Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Curry Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |