Product Code: ETC175907 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Pickles market currently, in 2023, has witnessed an HHI of 3711, Which has increased slightly as compared to the HHI of 1656 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.
Indonesia is the world?s largest producer and consumer of pickles. The country produces a wide variety of pickles, both traditional products and modern variants. Pickle production in Indonesia has been an important part of the economy for generations, with nearly all households producing their own varieties according to family recipes or regional tradition.
In recent years, there has been an increased demand for Indonesia pickles from global markets due to their unique flavor and low cost compared to imported alternatives. Additionally, as Indonesias become more health conscious they are turning towards healthier alternatives like vegetable-based pickles rather than traditional fish- or meat-based recipes which contain higher levels of fat and salt content. As such, companies have begun introducing new flavors to keep up with changing tastes while still maintaining traditional methods of preparation. Furthermore, convenience stores are increasingly stocking these items due to rising disposable incomes amongst consumers allowing them easier access to purchase these items on the go.
The popularity of Indonesia pickles among domestic consumers is primarily driven by its accessibility (as it can be found at local wet markets), affordability (due to abundant availability) and flavor variety (ranging from spicy & sour sambal terasi/teri kacang pedas). In addition, increasing awareness about healthy eating habits among Indonesias has led them to opt for alternative options such as vegetable based variants over those containing animal fats which offer greater nutrition value at a lower cost when compared with Western imports or processed goods in general making it attractive even outside urban centers where supermarkets may not always be available nearby leading people opting for locally sourced ingredients whenever possible. This trend is particularly evident within middle income groups that form majority segment in Southeast Asia region countries like Indonesia thus driving growth prospects overall industry significantly going forward.
The COVID-19 pandemic has had a significant impact on the Indonesia pickles market. The restrictions on movement, closure of non-essential establishments, and disruptions in supply chains have led to decreased demand for pickle products from both local and international customers. This has resulted in a decrease in sales by many pickle manufacturers as well as retailers across Indonesia.
One of the major challenges facing the Indonesia pickles market is a lack of product differentiation among different brands. Additionally, there is an overall high price sensitivity amongst consumers due to limited disposable incomes caused by economic impacts from the pandemic. There are also issues with inconsistent quality standards for locally produced products which make it difficult for companies to differentiate their offerings from competitors? products. Lastly, access to raw materials can be difficult due to supply chain disruptions caused by COVID-19 related transportation restrictions.
Some of the key players operating in the Indonesia Pickles Market include PT Morinaga Indonesia, PT Lotte Food Indonesia, United Foods International Tbk., Indofood Sukses Makmur Tbk., PT Mayora Indah TBK., Ayam Bakar Wong Solo, Pt ABC President Indonesaia, Wigo`s Sauce & Syrup Co., Ltd., and Tradisi Masakan Nusantara (TMN).
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 Pickles Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Pickles Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Pickles Market - Industry Life Cycle |
3.4 Indonesia Pickles Market - Porter's Five Forces |
3.5 Indonesia Pickles Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Indonesia Pickles Market Revenues & Volume Share, By Packaging Type, 2020 & 2030F |
3.7 Indonesia Pickles Market Revenues & Volume Share, By Distrubtion Channel, 2020 & 2030F |
4 Indonesia Pickles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Pickles Market Trends |
6 Indonesia Pickles Market, By Types |
6.1 Indonesia Pickles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Pickles Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Indonesia Pickles Market Revenues & Volume, By Fruit, 2020-2030F |
6.1.4 Indonesia Pickles Market Revenues & Volume, By Vegetables, 2020-2030F |
6.2 Indonesia Pickles Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Pickles Market Revenues & Volume, By Jars, 2020-2030F |
6.2.3 Indonesia Pickles Market Revenues & Volume, By Pouches, 2020-2030F |
6.2.4 Indonesia Pickles Market Revenues & Volume, By Tubs, 2020-2030F |
6.2.5 Indonesia Pickles Market Revenues & Volume, By Others, 2020-2030F |
6.3 Indonesia Pickles Market, By Distrubtion Channel |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Pickles Market Revenues & Volume, By Store-Based, 2020-2030F |
6.3.3 Indonesia Pickles Market Revenues & Volume, By Non-Store-Based, 2020-2030F |
7 Indonesia Pickles Market Import-Export Trade Statistics |
7.1 Indonesia Pickles Market Export to Major Countries |
7.2 Indonesia Pickles Market Imports from Major Countries |
8 Indonesia Pickles Market Key Performance Indicators |
9 Indonesia Pickles Market - Opportunity Assessment |
9.1 Indonesia Pickles Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Indonesia Pickles Market Opportunity Assessment, By Packaging Type, 2020 & 2030F |
9.3 Indonesia Pickles Market Opportunity Assessment, By Distrubtion Channel, 2020 & 2030F |
10 Indonesia Pickles Market - Competitive Landscape |
10.1 Indonesia Pickles Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Pickles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |