Product Code: ETC101387 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Malt Extracts And Ingredients market currently, in 2023, has witnessed an HHI of 1457, Which has increased slightly as compared to the HHI of 1439 in 2017. The market is moving towards highly competitive. 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.
Malt Extracts and Ingredients are an important part of the baking industry in Indonesia. Malt extract is a sweet syrup made from malt and water that contains vitamins, minerals, enzymes and other nutrients. It is used as a flavoring agent in many food products such as breads, cakes, pastries, cookies, ice cream and beer. In addition to its role as a flavor enhancer and stabilizer for food items it also acts as an emulsifier or thickener for sauces and gravies. Malt extracts can be derived from malted barley or wheat that has been processed through germination followed by kilning at controlled temperatures.
The growing demand for malt extract ingredients among Indonesia consumers has led to significant growth in the market over recent years. The increasing urbanization coupled with rising disposable incomes have further augmented demand for these products across the country as well as abroad due to their ease of availability online/offline stores along with attractive discounts on bulk orders offered by leading suppliers & manufacturers have created opportunities for small-scale vendors which are looking to capture larger portions of the market share in order to sustain competition within this space. Moreover technological advancements in production processes which allow higher quality yields at lower prices have also played major part towards encouraging continued investment into this sector.
The surge in consumption & production of malt extracts & ingredients owing largely to enhanced regional economic conditions, increased purchasing power among middle class households, rising tourism numbers particularly amongst foreign nationals seeking exotic cuisines all contribute significantly towards driving demand up amongst domestic based companies who rely heavily upon exports (as well). Additionally regulatory mandates enforced by local government authorities regarding health standards imposed upon imported/exported goods encourage businesses involved within this sector strive even harder than before towards meeting such stringent criteria thereby expanding overall reach throughout Southeast Asian countries ? mainly Indonesia itself where majority population remains centered around consumer discretionary purchases.
The outbreak of the novel coronavirus pandemic has had a major impact on the malt extracts and ingredients market in Indonesia. The country?s stringent lockdown measures have affected production, hindered international trade, disrupted supply chains, and significantly reduced demand for food products due to restricted activity levels. This has led to an overall decline in the demand for malt extracts and ingredients over recent months. Moreover, retailers are increasingly focusing on essential items such as health supplements and staple foods rather than non-essential items such as beer which contain malt extract, further impacting the market growth.
One of the primary challenges faced by manufacturers in this market is increasing raw material costs. The price of barley used for producing malt extract has been steadily rising due to global shortages resulting from extreme weather conditions in Europe and North America which could lead to higher production costs if not addressed quickly enough. Furthermore, volatile exchange rates between Indonesia Rupiah (IDR) and other currencies could place a strain on international business transactions making it difficult for companies to maintain profitable margins while exporting their products abroad. Lastly, inadequate logistics infrastructure across certain parts of Indonesia makes it difficult to transport goods efficiently leading to higher costs eventually reflected in end product prices or lower profit margins depending upon competitive pricing strategies adopted by producers.
Some of the key players operating within Indonesia Malt Extracts & Ingredients Market include PT Maltexco Perkasa International (MPI), Habeco Tbk., Darmex Agro Group Ltd., Pacific Grain Products Pte Ltd., Heineken Asia Pacific Pte Ltd., Agrindo Grup Indah Abadi Co., Sigma Basa Prima Corporation Co., Diageo Plc Singapore Branch, Sari Husada Industri PT./Sarimelati Kencana PT.,and Bintang Beer PT./Heineken Asia Pacific Pte Ltd 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 Malt Extracts and Ingredients Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Malt Extracts and Ingredients Market - Industry Life Cycle |
3.4 Indonesia Malt Extracts and Ingredients Market - Porter's Five Forces |
3.5 Indonesia Malt Extracts and Ingredients Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Indonesia Malt Extracts and Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Indonesia Malt Extracts and Ingredients Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.8 Indonesia Malt Extracts and Ingredients Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.9 Indonesia Malt Extracts and Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Indonesia Malt Extracts and Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Malt Extracts and Ingredients Market Trends |
6 Indonesia Malt Extracts and Ingredients Market, By Types |
6.1 Indonesia Malt Extracts and Ingredients Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Product, 2018 - 2031F |
6.1.3 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Extracts, 2018 - 2031F |
6.1.4 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Ingredients, 2018 - 2031F |
6.2 Indonesia Malt Extracts and Ingredients Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Barley, 2018 - 2031F |
6.2.3 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Wheat, 2018 - 2031F |
6.2.4 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Rye, 2018 - 2031F |
6.2.5 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 Indonesia Malt Extracts and Ingredients Market, By Grade |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Standard Malt, 2018 - 2031F |
6.3.3 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Specialty Malt, 2018 - 2031F |
6.4 Indonesia Malt Extracts and Ingredients Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Beverages, 2018 - 2031F |
6.4.3 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Food, 2018 - 2031F |
6.4.4 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Pharmaceuticals, 2018 - 2031F |
6.4.5 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Others, 2018 - 2031F |
6.5 Indonesia Malt Extracts and Ingredients Market, By Form |
6.5.1 Overview and Analysis |
6.5.2 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Dry, 2018 - 2031F |
6.5.3 Indonesia Malt Extracts and Ingredients Market Revenues & Volume, By Liquid, 2018 - 2031F |
7 Indonesia Malt Extracts and Ingredients Market Import-Export Trade Statistics |
7.1 Indonesia Malt Extracts and Ingredients Market Export to Major Countries |
7.2 Indonesia Malt Extracts and Ingredients Market Imports from Major Countries |
8 Indonesia Malt Extracts and Ingredients Market Key Performance Indicators |
9 Indonesia Malt Extracts and Ingredients Market - Opportunity Assessment |
9.1 Indonesia Malt Extracts and Ingredients Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Indonesia Malt Extracts and Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Indonesia Malt Extracts and Ingredients Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.4 Indonesia Malt Extracts and Ingredients Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.5 Indonesia Malt Extracts and Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Indonesia Malt Extracts and Ingredients Market - Competitive Landscape |
10.1 Indonesia Malt Extracts and Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Malt Extracts and Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |