Product Code: ETC048488 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Instant Noodles market currently, in 2023, has witnessed an HHI of 3066, Which has decreased slightly as compared to the HHI of 4504 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Indonesia instant noodles market is expected to register a CAGR of 5.8% during theperiod (2020-2026). The increasing urbanization and rising disposable income in the country are major factors driving theof this market. Moreover rising demand for convenience food and product innovation by manufacturers has further led to an increase in sales of instant noodles in Indonesia.
The population of Indonesia is rapidly growing with people migrating from rural areas to cities due to increased job opportunities and better education facilities available there. This trend has resulted in an increase in urban population which is expected to drive the demand for convenience food products such as instant noodles over theperiod. The per capita income level of Indonesias has been consistently increasing with time owing to higher wages and salaries being offered across various industries thereby allowing them more spending power on consumer goods such as processed foods like instant noodles. To attract customers manufacturers have been introducing new flavors or taste enhancers into their existing products at regular intervals that help them keep up with changing customer preferences while also gaining an edge over competitors who do not offer these innovations. Additionally manufacturers are increasingly launching health conscious variants such as protein enriched or low-salt options that appeal more towards health-conscious consumers in Indonesia growing middle class population base.
With numerous players competing against each other within limited shelf space allotted for packaged food items including instant noodles across all retail outlets operating throughout the countryit creates a high degree of competition among suppliers trying to gain visibility by offering discountspromotional offers etc . This increases costs associated either directly or indirectly impacting profit margins making it difficult for smaller players operating within this landscape.
Indofood Sukses Makmur Tbk PT. Nissin Foods Holdings Co Ltd. P g .T Food Industries Sdn BhdPrima Taste Singapore Pte LtdAcecook Vietnam Jsc among others are some key player operating across different regions providing variety of Instant Noodle solutions catering different needs amongst local consumers.
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 Instant Noodles Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Instant Noodles Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Instant Noodles Market - Industry Life Cycle |
3.4 Indonesia Instant Noodles Market - Porter's Five Forces |
3.5 Indonesia Instant Noodles Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Indonesia Instant Noodles Market Revenues & Volume Share, By Packaging, 2020 & 2030F |
3.7 Indonesia Instant Noodles Market Revenues & Volume Share, By Sales Channel, 2020 & 2030F |
4 Indonesia Instant Noodles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Instant Noodles Market Trends |
6 Indonesia Instant Noodles Market, By Types |
6.1 Indonesia Instant Noodles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Instant Noodles Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Indonesia Instant Noodles Market Revenues & Volume, By Fried, 2020-2030F |
6.1.4 Indonesia Instant Noodles Market Revenues & Volume, By Non-Fried, 2020-2030F |
6.2 Indonesia Instant Noodles Market, By Packaging |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Instant Noodles Market Revenues & Volume, By Cups, 2020-2030F |
6.2.3 Indonesia Instant Noodles Market Revenues & Volume, By Packets, 2020-2030F |
6.3 Indonesia Instant Noodles Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Instant Noodles Market Revenues & Volume, By Supermarket/Hypermarket, 2020-2030F |
6.3.3 Indonesia Instant Noodles Market Revenues & Volume, By Convenience Stores, 2020-2030F |
6.3.4 Indonesia Instant Noodles Market Revenues & Volume, By Online Stores, 2020-2030F |
6.3.5 Indonesia Instant Noodles Market Revenues & Volume, By Others, 2020-2030F |
7 Indonesia Instant Noodles Market Import-Export Trade Statistics |
7.1 Indonesia Instant Noodles Market Export to Major Countries |
7.2 Indonesia Instant Noodles Market Imports from Major Countries |
8 Indonesia Instant Noodles Market Key Performance Indicators |
9 Indonesia Instant Noodles Market - Opportunity Assessment |
9.1 Indonesia Instant Noodles Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Indonesia Instant Noodles Market Opportunity Assessment, By Packaging, 2020 & 2030F |
9.3 Indonesia Instant Noodles Market Opportunity Assessment, By Sales Channel, 2020 & 2030F |
10 Indonesia Instant Noodles Market - Competitive Landscape |
10.1 Indonesia Instant Noodles Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Instant Noodles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |