Product Code: ETC188260 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Indonesia is a major market for low-fat dairy products with an estimated value of US$ 1.1 billion in 2020 and is expected to reach US$ 2.5 billion by 2027 at a CAGR of 11.4% during the forecast period (2021?2027). This growth can be attributed to the country?s rising health consciousness, higher disposable income, increasing demand for packaged food, and availability of different types of low-fat dairy products such as skimmed milk powder, reduced fat cheese and yoghurt drinks among others.
The consumption pattern amongst Indonesia consumers is shifting towards healthier options due to growing preference for functional food items like natural yogurt or lactose free milk that provide additional benefits such as digestive health or weight loss support. Companies are making efforts to increase awareness about healthy lifestyle through advertisements on TV channels which have become very popular over time due to its convenience and cost effectiveness compared other marketing strategies employed earlier by them thus driving the demand for low fat dairy products further. Innovations in packaging technology have enabled manufacturers offer convenient packaging solutions which help retain freshness without compromising on shelf life thus encouraging consumer preference towards these packaged offerings instead than freshly prepared ones from local stores leading to increased sales opportunities.
Over the years disposable income levels amongst Indonesias have risen significantly resulting into better affordability coupled with economic stability providing additional impetus for purchase decisions related to premium categories including low-fat dairy products. Availability Of Different Types Of Products - Consumers are presented with wider range options when it comes choosing their favorite type product whether be it skimmed powder cheese yoghurt drinks etc meeting specific needs one might looking fulfilment these needs boosting overall market outlook. Ready eat snacks made using ingredients like cheeses curds creams becoming increasingly popular both urban rural areas alike this trend fostering greater acceptance adoption against backdrop changing lifestyles habits people who want enjoy delicious yet nutritious meals.
The outbreak of the COVID-19 pandemic has had a significant impact on the Indonesia low fat dairy products market. Since the outbreak, there has been a decrease in consumer spending as well as an increase in production costs which have both led to an overall decline in sales and profits for low fat dairy product manufactures. Furthermore, disruption of trade activities across countries due to border closures and restrictions on movement have also hindered the supply chain of dairy products within Indonesia.
The main challenge facing manufacturers is finding ways to maintain their current levels of production while keeping up with demand. This can be difficult since many companies are having difficulty accessing inputs required for production such as raw materials, packaging supplies or specialized machinery. Additionally, workers being unable to attend work due to travel restrictions or fear of infection has caused problems with labor availability leading some companies having difficulty meeting deadlines and fulfilling orders. Moreover, rising transportation costs owing to fuel price hikes and other expenses related to taking extra precautions against COVID- 19, have put pressure on profit margins leading many producers struggling financially at this time.
Some key players operating in the Indonesia Low Fat Dairy Products Market include PT Ultrajaya Milk Industri & Trading Co., PT Indolakto Tbk., PT Nutrifood Indonesia Tbk., Sarihusada Generasi Maharddhika Tbk., Susu Kedheloe Industries (SKI), Frisian Flag Indonesia, Mayora Group and Cimory Unilever Food Solutions 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 Low Fat Dairy Products Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Low Fat Dairy Products Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Low Fat Dairy Products Market - Industry Life Cycle |
3.4 Indonesia Low Fat Dairy Products Market - Porter's Five Forces |
3.5 Indonesia Low Fat Dairy Products Market Revenues & Volume Share, By Nature, 2020 & 2030F |
3.6 Indonesia Low Fat Dairy Products Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 Indonesia Low Fat Dairy Products Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Indonesia Low Fat Dairy Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Low Fat Dairy Products Market Trends |
6 Indonesia Low Fat Dairy Products Market, By Types |
6.1 Indonesia Low Fat Dairy Products Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Nature, 2020-2030F |
6.1.3 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Organic, 2020-2030F |
6.1.4 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Conventional, 2020-2030F |
6.2 Indonesia Low Fat Dairy Products Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Low Fat Butter, 2020-2030F |
6.2.3 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Low Fat Cheese, 2020-2030F |
6.2.4 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Low Fat Yoghurt, 2020-2030F |
6.2.5 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Low Fat Ice Cream, 2020-2030F |
6.2.6 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Reduced Fat Margarine, 2020-2030F |
6.2.7 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Fat Free Condensed Milk, 2020-2030F |
6.2.8 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Others, 2020-2030F |
6.2.9 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Others, 2020-2030F |
6.3 Indonesia Low Fat Dairy Products Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Supermarkets and Hypermarkets, 2020-2030F |
6.3.3 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Convenience Stores, 2020-2030F |
6.3.4 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Dairy Stores, 2020-2030F |
6.3.5 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Online, 2020-2030F |
6.3.6 Indonesia Low Fat Dairy Products Market Revenues & Volume, By Others, 2020-2030F |
7 Indonesia Low Fat Dairy Products Market Import-Export Trade Statistics |
7.1 Indonesia Low Fat Dairy Products Market Export to Major Countries |
7.2 Indonesia Low Fat Dairy Products Market Imports from Major Countries |
8 Indonesia Low Fat Dairy Products Market Key Performance Indicators |
9 Indonesia Low Fat Dairy Products Market - Opportunity Assessment |
9.1 Indonesia Low Fat Dairy Products Market Opportunity Assessment, By Nature, 2020 & 2030F |
9.2 Indonesia Low Fat Dairy Products Market Opportunity Assessment, By Type, 2020 & 2030F |
9.3 Indonesia Low Fat Dairy Products Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Indonesia Low Fat Dairy Products Market - Competitive Landscape |
10.1 Indonesia Low Fat Dairy Products Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Low Fat Dairy Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |