Product Code: ETC095087 | 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 Mustard Oil market currently, in 2023, has witnessed an HHI of 6810, Which has increased substantially as compared to the HHI of 4394 in 2017. The market is moving towards Highly 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.
Mustard oil is an edible vegetable oil extracted from mustard seeds. It has a strong, pungent flavor and aroma that are characteristic of the mustard seed. Mustard oil is widely used in India as a cooking medium, for pickles, and also for hair care. In Indonesia it is primarily used as a cooking medium and salad dressing due to its health benefits such as high monounsaturated fatty acid content (MUFA) and polyunsaturated fatty acid (PUFA).
The market for Indonesia mustard oil has been steadily increasing over the past few years, driven by rising awareness about its nutritional properties among consumers. Additionally, growing health consciousness has boosted demand for healthy dietary alternatives like mustard oil compared with other cooking oils or fats such as palm olein or coconut fat. The traditional use of this product in some areas of Indonesia has helped maintain steady growth even during times of economic slowdown. Moreover, there are several companies operating in this market which offer different varieties of products such as purest/ 100% natural Indonesia mustards oils at various price points to cater to different customer requirements and budgets. This helps widen their consumer base further aiding growth opportunities within the industry overall despite competition from local players offering similar products at lower prices along with imported substitutes from countries like China or India where production costs tend to be lower than those in Indonesia domestic market thus making them more attractive options economically speaking.
Some major drivers behind the steady rise in demand for Indonesia Mustard Oil include increased awareness amongst consumers regarding its nutritional values, convenience factors associated with using ready-made versions available on retail shelves etc., availability of multiple variants at varying price points catering to different customer needs/budgets; traditional uses within certain regions helping retain existing customers; competitive pricing offered by imports from countries like China & India providing stiff competition but also creating new marketing possibilities etc.. Rising urbanization rates leading to greater disposable incomes allowing people access higher quality food items including gourmet variations have also acted positively towards boosting sales figures over recent years while wider distribution channels lowering delivery timeframes& costs associated enabling better access domestically adding further impetus towards demand levels paving way for potential expansions into rural markets too if feasible enough returns can be achieved off investments made therein thereby widening company?s reach across entire country instead just being limited traditionally heavier populated cities.
Impact of COVID-19 on Indonesia Mustard Oil Market: The outbreak of COVID-19 has had an adverse impact on the Indonesia mustard oil market. With restrictions imposed in various cities, there is reduced movement of goods and services across the country. This has resulted in a decline in demand for food products such as mustard oil due to limited access and affordability issues faced by consumers. Moreover, disruptions in production caused by lockdowns have led to a decrease in supply, further exacerbating the situation.
Challenges Faced by Key Players: The key players operating in the Indonesia mustard oil market are facing several challenges due to the pandemic. These include labor shortage, disruption in supply chain and logistics activities, reduction/suspension of imports and exports etc., which have impacted their ability to meet customer demands.
Some of the major players operating in Indonesia Mustard Oil Market are PT Bina Abadi Jaya Lestari (BAJAL), CV Kencana Agroindo Makmur (KAM), PT Panca Maha Sejati (PMS), PT Langgeng Sakti Mas (LSM) 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 Mustard oil Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Mustard oil Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Mustard oil Market - Industry Life Cycle |
3.4 Indonesia Mustard oil Market - Porter's Five Forces |
3.5 Indonesia Mustard oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Indonesia Mustard oil Market Revenues & Volume Share, By Production Process type, 2021 & 2031F |
3.7 Indonesia Mustard oil Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.8 Indonesia Mustard oil Market Revenues & Volume Share, By Distribution Type, 2021 & 2031F |
4 Indonesia Mustard oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Mustard oil Market Trends |
6 Indonesia Mustard oil Market, By Types |
6.1 Indonesia Mustard oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Mustard oil Market Revenues & Volume, By Product Type, 2018 - 2031F |
6.1.3 Indonesia Mustard oil Market Revenues & Volume, By Black mustard Oil, 2018 - 2031F |
6.1.4 Indonesia Mustard oil Market Revenues & Volume, By Brown mustard Oil, 2018 - 2031F |
6.1.5 Indonesia Mustard oil Market Revenues & Volume, By White Mustard Oil, 2018 - 2031F |
6.2 Indonesia Mustard oil Market, By Production Process type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Mustard oil Market Revenues & Volume, By Pressing Extraction, 2018 - 2031F |
6.2.3 Indonesia Mustard oil Market Revenues & Volume, By Distillation extraction, 2018 - 2031F |
6.3 Indonesia Mustard oil Market, By Application Type |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Mustard oil Market Revenues & Volume, By Pharmaceutical, 2018 - 2031F |
6.3.3 Indonesia Mustard oil Market Revenues & Volume, By Aromatherapy, 2018 - 2031F |
6.3.4 Indonesia Mustard oil Market Revenues & Volume, By Cooking, 2018 - 2031F |
6.3.5 Indonesia Mustard oil Market Revenues & Volume, By Soaps, 2018 - 2031F |
6.3.6 Indonesia Mustard oil Market Revenues & Volume, By Others, 2018 - 2031F |
6.4 Indonesia Mustard oil Market, By Distribution Type |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Mustard oil Market Revenues & Volume, By Online Retail, 2018 - 2031F |
6.4.3 Indonesia Mustard oil Market Revenues & Volume, By Supermarkets, 2018 - 2031F |
6.4.4 Indonesia Mustard oil Market Revenues & Volume, By Departmental Stores, 2018 - 2031F |
7 Indonesia Mustard oil Market Import-Export Trade Statistics |
7.1 Indonesia Mustard oil Market Export to Major Countries |
7.2 Indonesia Mustard oil Market Imports from Major Countries |
8 Indonesia Mustard oil Market Key Performance Indicators |
9 Indonesia Mustard oil Market - Opportunity Assessment |
9.1 Indonesia Mustard oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Indonesia Mustard oil Market Opportunity Assessment, By Production Process type, 2021 & 2031F |
9.3 Indonesia Mustard oil Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.4 Indonesia Mustard oil Market Opportunity Assessment, By Distribution Type, 2021 & 2031F |
10 Indonesia Mustard oil Market - Competitive Landscape |
10.1 Indonesia Mustard oil Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Mustard oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |