Indonesia Rice Milling Market | Companies, Industry, Growth, Analysis, Size, Value, Revenue, Forecast, Trends, Share & COVID-19 IMPACT

Indonesia Rice Milling MarketSynopsis

Indonesia is the world`s third-largest producer and exporter of rice. In 2020, Indonesia produced 28 million tons of milled rice, making it the second-largest producer in Southeast Asia after Vietnam. Rice milling has been an important part of Indonesia culture for centuries, as it is a staple crop in most parts of the country. The majority of Indonesia paddy production is milled at local mills before being sold to wholesalers or processors.

Market Trends

Over recent years, there has been an increasing demand for higher quality milled rice due to changing consumer preferences and increased competition from other countries such as Thailand and Vietnam. This has resulted in more modern machinery being used in Indonesia mills which allows for higher precision during processing and results in better quality finished products. Additionally, there have also been efforts made by various government agencies to modernize existing infrastructure including roads leading up to remote areas where many smaller producers are located so that they can take advantage of new technologies when available. Many large companies have also started investing heavily into research and development activities related to improving their milling processes so that they can remain competitive within the industry.

Market Drivers

The key drivers behind this trend include a growing population with increased purchasing power leading to greater consumption levels; improved access through infrastructure development; government incentives aimed at encouraging investment into agricultural technology; rising global demand; increasing foreign investments into food processing plants & facilities; favorable climate conditions throughout much of the year which help support high yields ; availability & cost savings associated with labor & raw materials ;& strong support from international organizations like WTO , FAO & UNDP.

COVID-19 Impact on the Market

The COVID-19 pandemic has had a significant impact on the Indonesia rice milling market. The outbreak of the virus has caused supply chain disruptions, which have led to rising costs and lower demand for milled rice. Additionally, lockdowns implemented in major cities across Indonesia have resulted in decreased consumer spending, further impacting the market?s growth prospects.

Challenges of the Market

One big challenge facing rice millers in Indonesia is that they need to comply with various government regulations and policies related to food safety certification and labeling standards. Furthermore, as competition from imported milled rice increases due to trade liberalization, local producers are finding it difficult to stay competitive while maintaining quality standards. In addition, climate variability is also causing problems for farmers in terms of water availability and crop yields.

Industry Key Players

Some of the key players operating within the Indonesia Rice Milling Market include PT Indofood Sukses Makmur Tbk (Indofood), PT Agrindo Pratama Abadi (APA), PT Putra Surya Tanjung Jaya (PSTJ) ,PT Cahaya Pangan Lestari (CPL), PT Wahana Semesta Agroindustri (WSAI).

Key Highlights of the Report:

• Indonesia Rice Milling Market Outlook
• Market Size of Indonesia Rice Milling Market, 2023
• Forecast of Indonesia Rice Milling Market, 2030
• Historical Data and Forecast of Indonesia Rice Milling Revenues & Volume for the Period 2020-2030
• Indonesia Rice Milling Market Trend Evolution
• Indonesia Rice Milling Market Drivers and Challenges
• Indonesia Rice Milling Price Trends
• Indonesia Rice Milling Porter's Five Forces
• Indonesia Rice Milling Industry Life Cycle
• Historical Data and Forecast of Indonesia Rice Milling Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Indonesia Rice Milling Market Revenues & Volume By 50 Ton for the Period 2020-2030
• Historical Data and Forecast of Indonesia Rice Milling Market Revenues & Volume By 50-150 Ton for the Period 2020-2030
• Historical Data and Forecast of Indonesia Rice Milling Market Revenues & Volume By Above 50 Ton for the Period 2020-2030
• Historical Data and Forecast of Indonesia Rice Milling Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of Indonesia Rice Milling Market Revenues & Volume By Commercial for the Period 2020-2030
• Historical Data and Forecast of Indonesia Rice Milling Market Revenues & Volume By Home use for the Period 2020-2030
• Indonesia Rice Milling Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Indonesia Rice Milling Top Companies Market Share
• Indonesia Rice Milling Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Rice Milling Company Profiles
• Indonesia Rice Milling Key Strategic Recommendations