Product Code: ETC177647 | 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 | |
Fennel seeds, which are native to the Mediterranean region, have been a staple in Indonesia cuisine for centuries. In Indonesia, fennel is often added to dishes such as rice and curry due to its unique flavor. The market for fennel seeds in Indonesia has grown significantly in recent years, driven by an increased demand from households and food processors alike.
The rise of local farmers? markets across Indonesia has led to an increase in the availability of various types of herbs and spices including fennel seed. This has had a positive effect on the sales of fennel seeds in Indonesia. Additionally, there is also a growing trend among health-conscious consumers who prefer natural ingredients over artificial flavors or preservatives because they believe these products are healthier options. Furthermore, with more people looking for ways to enhance their cooking skills at home during this pandemic period; it can be said that culinary skills have become increasingly important among Indonesias as well as other Asian countries which could lead to higher consumption rates of different herbs and spices like Fennel Seeds amongst others.
Government initiatives such as encouraging smallholder farmers through subsidy programs have been able to provide better access and pricing for fresh produce available at local farmers? markets which contributes towards driving up consumption levels of indigenous crops like Fennel Seeds amongst others throughout the country. Moreover , changes in dietary habits triggered by rising disposable incomes along with increasing consumer awareness about healthy eating trends are also contributing factors towards closer scrutiny being paid towards naturally sourced ingredients like Fennelseeds instead harmful artificial alternatives. Increasing popularity & accessibility via online channels also allows producers greater reach into untapped rural areas where traditional methods might not be accessible otherwise thereby further fuelling growth within this sector.
The COVID-19 pandemic has had a major impact on the Indonesia fennel seeds market. The lockdown measures imposed in many countries have affected supply chain operations, leading to reduced availability of materials and components used for processing and packaging. This has led to a decrease in production, resulting in less output being available for export. Moreover, the disruption of travel due to international restrictions has hindered trade activities as well as exports and imports which have further impacted the market negatively.
The major challenge faced by the Indonesia fennel seeds market is that it is highly dependent on foreign markets such as Europe, North America and Asia Pacific for its export business. Thus any change or fluctuation in demand from these regions can directly affect the performance of this industry in Indonesia. Additionally, rising competition from other exporting countries like India also poses an obstacle for growth prospects within this segment. Furthermore, high transportation costs associated with shipping products abroad could result in increased prices thus making them uncompetitively priced compared to other similar commodities present within different regional markets. Last but not least stringent government regulations regarding food safety standards must be adhered too if successful expansion into overseas markets is sought after by local producers here.
Some major players operating within Indonesia fennel seed market are PT Indofood Agri Resources (IndoAgri), PT Multi Bintang Indonesia Tbk , PT Kaldu Sari Nabati Indonesia (KSNI) , Indocement Tunggal Prakarsa Tbk (ITP) , Cilegon Fertilizer Industry (CFI), Adaro Energy Tbk., among others.
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 Fennel Seeds Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Fennel Seeds Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Fennel Seeds Market - Industry Life Cycle |
3.4 Indonesia Fennel Seeds Market - Porter's Five Forces |
3.5 Indonesia Fennel Seeds Market Revenues & Volume Share, By Types, 2020 & 2030F |
3.6 Indonesia Fennel Seeds Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 Indonesia Fennel Seeds Market Revenues & Volume Share, By End-user, 2020 & 2030F |
4 Indonesia Fennel Seeds Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Fennel Seeds Market Trends |
6 Indonesia Fennel Seeds Market, By Types |
6.1 Indonesia Fennel Seeds Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Fennel Seeds Market Revenues & Volume, By Types, 2020-2030F |
6.1.3 Indonesia Fennel Seeds Market Revenues & Volume, By Organic, 2020-2030F |
6.1.4 Indonesia Fennel Seeds Market Revenues & Volume, By Conventional, 2020-2030F |
6.2 Indonesia Fennel Seeds Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Fennel Seeds Market Revenues & Volume, By Essential, 2020-2030F |
6.2.3 Indonesia Fennel Seeds Market Revenues & Volume, By Flavors, 2020-2030F |
6.2.4 Indonesia Fennel Seeds Market Revenues & Volume, By Seasoning Ingredient, 2020-2030F |
6.2.5 Indonesia Fennel Seeds Market Revenues & Volume, By Beverages, 2020-2030F |
6.3 Indonesia Fennel Seeds Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Fennel Seeds Market Revenues & Volume, By Households, 2020-2030F |
6.3.3 Indonesia Fennel Seeds Market Revenues & Volume, By Food Industry, 2020-2030F |
6.3.4 Indonesia Fennel Seeds Market Revenues & Volume, By Personal Care Industry, 2020-2030F |
7 Indonesia Fennel Seeds Market Import-Export Trade Statistics |
7.1 Indonesia Fennel Seeds Market Export to Major Countries |
7.2 Indonesia Fennel Seeds Market Imports from Major Countries |
8 Indonesia Fennel Seeds Market Key Performance Indicators |
9 Indonesia Fennel Seeds Market - Opportunity Assessment |
9.1 Indonesia Fennel Seeds Market Opportunity Assessment, By Types, 2020 & 2030F |
9.2 Indonesia Fennel Seeds Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 Indonesia Fennel Seeds Market Opportunity Assessment, By End-user, 2020 & 2030F |
10 Indonesia Fennel Seeds Market - Competitive Landscape |
10.1 Indonesia Fennel Seeds Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Fennel Seeds Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |