Product Code: ETC031308 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia is one of the fastest-growing beverage markets in Southeast Asia. The consumption of non-grape wine has been on the rise over recent years driven by its affordability and convenience for everyday drinkers. This growing demand has prompted significant investments from large international and localas well as several startups entering into theto capitalize on thispotential. As a result Indonesia non-grape wine market continues to be highly competitive with many players vying forof wallet among consumers.
The main drivers behind the increasing popularity of Indonesia non-grape wines are largely attributed to rising disposable incomes among middle class households and changing consumer preferences towards healthier beverages options such as low alcohol content drinks. In addition manufacturers are introducing new flavors with innovative packaging designs which further attract more customers due to their attractive appearance and affordable prices compared to traditional grape wines. Consumers also find it easier to try out new tastes or mix different types of flavors when purchasing cheaper bottles instead of investing in expensive bottles that require them committing a greater amount upfront before tasting it first. Furthermore promotional campaigns carried out through digital marketing channels like social media have helped create mass awareness about these products among younger generations who remain increasingly receptive towards trying out newerwithin food beverages categories including those related alcoholic drinks like non-grape wines.
The key challenge faced by Indonesia producers is ensuring product quality due to lack of regulations governing production standards which can lead buyers often having little knowledge regarding what they should expect from locally produced brands versus imported ones leading them opting for latter option even if it comes at higher price point . Moreoverscarcity in availability certain raw materials used during manufacturing process also hinders ?sprospects since accessing these inputs becomes difficult time times resulting delays production cycles thereby reducing overall profitability margins . Similarlyintense competition prevailing across sector makes hardstand apart their peers given immense pressure exerted downward pricing pressures amid shrinking profits margins thus making difficult sustain businesses long term basis without requiring additional forms financial injections either form private investors or government entities.
Some key players that dominate Indonesia`s Non Grape Wine market include PT Multi Bintang Indonesia Tbk. PT Diageo Anker Biru InternationalPT Anggrek Hitam CoorporationPT Jhon Distilleries Group (JDG)CV Sariwangi Cendana Wines Corporation amongst 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 Non-grape Wine Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Non-grape Wine Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Non-grape Wine Market - Industry Life Cycle |
3.4 Indonesia Non-grape Wine Market - Porter's Five Forces |
3.5 Indonesia Non-grape Wine Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Indonesia Non-grape Wine Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Indonesia Non-grape Wine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Non-grape Wine Market Trends |
6 Indonesia Non-grape Wine Market, By Types |
6.1 Indonesia Non-grape Wine Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Non-grape Wine Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 Indonesia Non-grape Wine Market Revenues & Volume, By Fermented Fruit Wine, 2020-2030F |
6.1.4 Indonesia Non-grape Wine Market Revenues & Volume, By Distilled Fruit Wine, 2020-2030F |
6.1.5 Indonesia Non-grape Wine Market Revenues & Volume, By Preparation Fruit Wine, 2020-2030F |
6.1.6 Indonesia Non-grape Wine Market Revenues & Volume, By Sparkling Fruit Wine, 2020-2030F |
6.2 Indonesia Non-grape Wine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Non-grape Wine Market Revenues & Volume, By Household, 2020-2030F |
6.2.3 Indonesia Non-grape Wine Market Revenues & Volume, By Commercial, 2020-2030F |
7 Indonesia Non-grape Wine Market Import-Export Trade Statistics |
7.1 Indonesia Non-grape Wine Market Export to Major Countries |
7.2 Indonesia Non-grape Wine Market Imports from Major Countries |
8 Indonesia Non-grape Wine Market Key Performance Indicators |
9 Indonesia Non-grape Wine Market - Opportunity Assessment |
9.1 Indonesia Non-grape Wine Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Indonesia Non-grape Wine Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Indonesia Non-grape Wine Market - Competitive Landscape |
10.1 Indonesia Non-grape Wine Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Non-grape Wine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |