Product Code: ETC179807 | 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 hominy feed market is expected to witness a robust growth in the forecast period of 2021-2027. This can be attributed to the rising demand for animal feed due to increasing consumption of poultry & livestock as well as their byproducts. Additionally, growing awareness about animal nutrition and health coupled with rising adoption of high quality ingredients is likely to propel the market further. Furthermore, Indonesia expanding food industry and changing consumer preferences are also some factors driving the growth of this sector.
The Indonesia government has taken various initiatives such as developing new policies & regulations aimed at promoting small scale livestock farming which will help increase production capacity & meet local demands. Moreover, there has been an increase in imports of corn which is used for producing hominy feed products, owing to better prices compared to domestically produced corn. In addition, various large scale companies have invested heavily into R&D activities so that they can develop advanced products with improved nutritional value for animals while keeping costs low.
Some major drivers boosting Indonesia Hominy Feed Market include increasing population along with rapid urbanization; rising disposable income leading to higher spending on protein-rich diets; favorable government policies promoting sustainable agriculture practices; booming tourism industry driving up hospitality services that require processed foods from animals; and increased health consciousness among consumers resulting in greater demand for healthy food items derived from livestock sources like eggs & meat etc..These factors together provide ample opportunities for manufacturers operating within this space thereby contributing towards its growth over time.
The COVID-19 pandemic has had a significant impact on the Indonesia hominy feed market. The lockdown measures have led to disruption in the supply chain, resulting in decreased availability of raw materials needed for hominy feeds. Additionally, restrictions on movement and gatherings also affected demand as many consumers are unable or unwilling to buy feed due to financial uncertainty caused by economic contraction.
The main challenge facing the Indonesia hominy feed market is ensuring that adequate supply and quality of inputs is available to meet rising demand from livestock farmers who rely heavily on this type of product. There is also an increasing need for improved storage facilities and transportation infrastructure so that producers can reach their target markets more easily and efficiently. Furthermore, there are concerns regarding price volatility due to fluctuating input costs which could lead to instability in prices offered by sellers in the market.
Some major players in Indonesia hominy feed market include PT Agung Pratama Feedmill, PT Agrindo Putra Alam Sejahtera (APAS), Perdana Emas Jaya Abadi (PEJA), Tunas Harapan Mandiri (THM), Sumber Protein Utama Nusantara (SPUN) and Sinar Rejeki Lestari Sentosa (SRLS). These companies offer a wide range of products such as cereal grains, oilseeds, protein meals etc., catering to different livestock farming requirements across Indonesia. They have been key suppliers within this sector since they focus heavily on research & development efforts aimed at providing high quality nutrition solutions tailored specifically for local consumers needs.
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 Hominy Feed Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Hominy Feed Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Hominy Feed Market - Industry Life Cycle |
3.4 Indonesia Hominy Feed Market - Porter's Five Forces |
3.5 Indonesia Hominy Feed Market Revenues & Volume Share, By Nature, 2020 & 2030F |
3.6 Indonesia Hominy Feed Market Revenues & Volume Share, By End-use, 2020 & 2030F |
3.7 Indonesia Hominy Feed Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Indonesia Hominy Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Hominy Feed Market Trends |
6 Indonesia Hominy Feed Market, By Types |
6.1 Indonesia Hominy Feed Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Hominy Feed Market Revenues & Volume, By Nature, 2020-2030F |
6.1.3 Indonesia Hominy Feed Market Revenues & Volume, By Organic, 2020-2030F |
6.1.4 Indonesia Hominy Feed Market Revenues & Volume, By Conventional , 2020-2030F |
6.2 Indonesia Hominy Feed Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Hominy Feed Market Revenues & Volume, By Livestock/Animal Feed, 2020-2030F |
6.2.3 Indonesia Hominy Feed Market Revenues & Volume, By Pet Food manufacturers, 2020-2030F |
6.2.4 Indonesia Hominy Feed Market Revenues & Volume, By Ethanol production, 2020-2030F |
6.3 Indonesia Hominy Feed Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Hominy Feed Market Revenues & Volume, By Direct, 2020-2030F |
6.3.3 Indonesia Hominy Feed Market Revenues & Volume, By Indirect, 2020-2030F |
6.3.4 Indonesia Hominy Feed Market Revenues & Volume, By Dairy farms, 2020-2030F |
6.3.5 Indonesia Hominy Feed Market Revenues & Volume, By Specialty stores, 2020-2030F |
6.3.6 Indonesia Hominy Feed Market Revenues & Volume, By Online retailers , 2020-2030F |
7 Indonesia Hominy Feed Market Import-Export Trade Statistics |
7.1 Indonesia Hominy Feed Market Export to Major Countries |
7.2 Indonesia Hominy Feed Market Imports from Major Countries |
8 Indonesia Hominy Feed Market Key Performance Indicators |
9 Indonesia Hominy Feed Market - Opportunity Assessment |
9.1 Indonesia Hominy Feed Market Opportunity Assessment, By Nature, 2020 & 2030F |
9.2 Indonesia Hominy Feed Market Opportunity Assessment, By End-use, 2020 & 2030F |
9.3 Indonesia Hominy Feed Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Indonesia Hominy Feed Market - Competitive Landscape |
10.1 Indonesia Hominy Feed Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Hominy Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |