Indonesia Frozen Potato Market | Forecast, COVID-19 IMPACT, Industry, Growth, Share, Companies, Analysis, Revenue, Size, Trends & Value

Indonesia Frozen Potato Market Synopsis

The frozen potato market in Indonesia is projected to witness a healthy growth rate over the forecast period. The rising demand for convenience food and growing demand from quick service restaurants (QSRs) are some of the major factors driving the market growth. In addition, changing lifestyle habits and consumer preference towards finger food products are also providing a considerable boost to market growth. Furthermore, increasing disposable income levels coupled with rapid urbanization have resulted in an increased consumption of processed foods including frozen potatoes across different demographics which further provides impetus to this industry?s expansion.

Market Trends

The trend in Indonesia frozen potatoes markets has seen high popularity among consumers due to its convenience factor as well as health benefits such as fewer trans-fats and saturated fat content than fresh potatoes. It is anticipated that more manufacturers will be focusing on producing organic products henceforth , resulting in more availability of certified organic varieties. In order to remain competitive , companies operating within this space have been introducing innovative flavors & seasonings such as cheese & garlic fries , sour cream & onion fries etc. Moreover , packaging innovation like snack bags will continue playing a crucial role in product differentiation.

Market Drivers

Increasing Demand from Quick Service Restaurants ? As per reports provided by Technavio, QSRs constitute close to 80% share of global fast food sales, making it one of the key drivers behind surging demand for frozen potato products across Indonesia. This is attributed mainly due their widespread presence throughout the country along with growing inclination towards convenient snacking options amongst young population groups. Additionally , better affordability offered by these outlets allow them capture large customer base thereby creating huge opportunities for manufacturers therein.

COVID-19 Impact on the Market

The outbreak of COVID-19 has impacted the frozen potato market in Indonesia, as it is one of the main import sources for potatoes. As a result of the pandemic, restrictions on international travel and transport have been imposed that have significantly hindered imports from abroad. Moreover, with restaurants and other dining places being closed due to lockdowns, there has been a decline in demand for quick service food products such as French fries which are made using frozen potatoes.

Challenges of the Market

The Indonesia frozen potato industry faces several challenges including high levels of postharvest losses due to improper storage conditions and inadequate cold chain infrastructure; limited availability of quality seed varieties; insufficient access to financial resources; lack of awareness about efficient production practices among producers; marketing issues related to distribution channels and competition from imported products.

Industry Key Players

The leading players operating in the Indonesia frozen potato market include PT Agri Boga Lestari, PT Amarta Gemilang Makmurindo, PT Sinar Jaya Permai Abadi (SJPA), PT Mitra Pertiwi Agung (MPA), Rizki Surabaya Putra Mandiri (RSPM).

Key Highlights of the Report:

• Indonesia Frozen Potato Market Outlook
• Market Size of Indonesia Frozen Potato Market, 2023
• Forecast of Indonesia Frozen Potato Market, 2030
• Historical Data and Forecast of Indonesia Frozen Potato Revenues & Volume for the Period 2020-2030
• Indonesia Frozen Potato Market Trend Evolution
• Indonesia Frozen Potato Market Drivers and Challenges
• Indonesia Frozen Potato Price Trends
• Indonesia Frozen Potato Porter's Five Forces
• Indonesia Frozen Potato Industry Life Cycle
• Historical Data and Forecast of Indonesia Frozen Potato Market Revenues & Volume By Product for the Period 2020-2030
• Historical Data and Forecast of Indonesia Frozen Potato Market Revenues & Volume By French Fries for the Period 2020-2030
• Historical Data and Forecast of Indonesia Frozen Potato Market Revenues & Volume By Hash Brown for the Period 2020-2030
• Historical Data and Forecast of Indonesia Frozen Potato Market Revenues & Volume By Shapes for the Period 2020-2030
• Historical Data and Forecast of Indonesia Frozen Potato Market Revenues & Volume By Mashed for the Period 2020-2030
• Historical Data and Forecast of Indonesia Frozen Potato Market Revenues & Volume By Sweet Potatoes/Yam for the Period 2020-2030
• Historical Data and Forecast of Indonesia Frozen Potato Market Revenues & Volume By Battered/Cooked for the Period 2020-2030
• Historical Data and Forecast of Indonesia Frozen Potato Market Revenues & Volume By Topped/Stuffed for the Period 2020-2030
• Historical Data and Forecast of Indonesia French Fries Frozen Potato Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Indonesia Frozen Potato Market Revenues & Volume By End-user for the Period 2020-2030
• Historical Data and Forecast of Indonesia Frozen Potato Market Revenues & Volume By Residential for the Period 2020-2030
• Historical Data and Forecast of Indonesia Frozen Potato Market Revenues & Volume By Commercial for the Period 2020-2030
• Indonesia Frozen Potato Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By End-user
• Indonesia Frozen Potato Top Companies Market Share
• Indonesia Frozen Potato Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Frozen Potato Company Profiles
• Indonesia Frozen Potato Key Strategic Recommendations