Product Code: ETC178787 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia is one of the leading countries in spelt wheat production, with an estimated crop area of 136,000 hectares. Spelt wheat has been used in Indonesia for centuries and its use as a staple food is increasing due to health benefits associated with it. In recent years, the popularity of spelt wheat has increased significantly among consumers looking for healthier options than regular white flour. The rise in demand from bakeries and other food processing industries is driving the growth of the Indonesia spelt wheat market.
The growing trend towards healthy eating among Indonesia consumers has created high demand for organic products such as spelt wheat and its derivatives like bulgur, semolina, couscous and breads made from them. Owing to this fact there are many new players entering into this market segment which increases competition but at same time provides more choice to customers. Moreover, awareness regarding health benefits associated with consuming these grains have encouraged people to replace their traditional grain consumption habits by incorporating various types of processed or unprocessed organic products like ancient grains including speltwheat into their diets.In addition , modern baking techniques are also being introduced in order to make available wide range of finished product offerings using different varieties/types or combinations thereof through retail outlets making it convenient for customers who prefer readymade goods over traditional cooking practices requiring hours spent on grinding & sieving etc. This factor too fuels up demand specifically from industrial buyers owing higher shelf life requirements alongwith better quality control measures that could be easily achieved through automation & mechanized processes.
Some drivers that can influence the growth rate of Indonesia Spelts Wheat market include rising disposable income coupled with growing urbanization rates which increases purchasing power and availability thus aiding better accessibilty & affordability when compared against more expensive imported alternatives like quinoa rice , millet etc.; Furthermore; increasing preference towards functional foods offering superior nutritive value ; booming e-commerce sector providing better reachability across wider audience base even though remote regions ; government initiatives aimed at promoting local agriculture industry especially amongst small scale farmers engaging into cultivation activities etc., These factors contribute positively toward overall development thereby inflating sales opportunities within country boundaries creating space even for foreign suppliers willing doing business here.
The COVID-19 pandemic has had a significant impact on the Indonesia spelt wheat market. The lockdown measures implemented across the country have disrupted supply chains and caused disruptions in production, import, and export activities. This has led to a shortage of raw materials for processing spelt wheat products in Indonesia, resulting in higher prices for spelt wheat products. Furthermore, the decreased demand from hotels and restaurants due to restrictions on public gatherings has also contributed to lower sales volume of spelt wheat products.
The main challenge facing the Indonesia spelt wheat market is its limited domestic production capabilities. Currently, most of the raw material used for producing spelt wheat products are imported from abroad which increases costs and reduces profits margins for local producers. Additionally, transportation difficulties caused by pandemic related restrictions have further complicated matters leading to delays in shipments as well as increased operational expenses associated with transportation logistics.
Some of key players operating within the Indonesia Spelt Wheat Market include PT Permata Hijau Sawitindo (PHSI), Indofood Agri Resources Ltd., PT Citra Borneo Indah (CBI) , Sinar Mas Agro Resources & Technology Tbk (SMART), Univanich Palm Oil Public Company Limited (UCPOL) , Wilmar International Ltd., Musim Mas Group , Asian Agri Group and many more.
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 Spelt Wheat Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Spelt Wheat Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Spelt Wheat Market - Industry Life Cycle |
3.4 Indonesia Spelt Wheat Market - Porter's Five Forces |
3.5 Indonesia Spelt Wheat Market Revenues & Volume Share, By Nature, 2020 & 2030F |
3.6 Indonesia Spelt Wheat Market Revenues & Volume Share, By End Users, 2020 & 2030F |
3.7 Indonesia Spelt Wheat Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Indonesia Spelt Wheat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Spelt Wheat Market Trends |
6 Indonesia Spelt Wheat Market, By Types |
6.1 Indonesia Spelt Wheat Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Spelt Wheat Market Revenues & Volume, By Nature, 2020-2030F |
6.1.3 Indonesia Spelt Wheat Market Revenues & Volume, By Organic, 2020-2030F |
6.1.4 Indonesia Spelt Wheat Market Revenues & Volume, By Conventional, 2020-2030F |
6.2 Indonesia Spelt Wheat Market, By End Users |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Spelt Wheat Market Revenues & Volume, By Food Industry, 2020-2030F |
6.2.3 Indonesia Spelt Wheat Market Revenues & Volume, By Feed Industry, 2020-2030F |
6.3 Indonesia Spelt Wheat Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Spelt Wheat Market Revenues & Volume, By Direct, 2020-2030F |
6.3.3 Indonesia Spelt Wheat Market Revenues & Volume, By Indirect, 2020-2030F |
7 Indonesia Spelt Wheat Market Import-Export Trade Statistics |
7.1 Indonesia Spelt Wheat Market Export to Major Countries |
7.2 Indonesia Spelt Wheat Market Imports from Major Countries |
8 Indonesia Spelt Wheat Market Key Performance Indicators |
9 Indonesia Spelt Wheat Market - Opportunity Assessment |
9.1 Indonesia Spelt Wheat Market Opportunity Assessment, By Nature, 2020 & 2030F |
9.2 Indonesia Spelt Wheat Market Opportunity Assessment, By End Users, 2020 & 2030F |
9.3 Indonesia Spelt Wheat Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Indonesia Spelt Wheat Market - Competitive Landscape |
10.1 Indonesia Spelt Wheat Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Spelt Wheat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |