Product Code: ETC108827 | 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 Tea Extracts market currently, in 2023, has witnessed an HHI of 2331, Which has decreased substantially as compared to the HHI of 5975 in 2017. The market is moving towards moderately competitive. 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 Tea Extracts market is expected to grow at a CAGR of 6.4% during the forecast period (2025-2031). Indonesia tea extracts market is driven by rising health consciousness and increasing demand for natural products, especially among middle class consumers. The taste of Indonesia tea extracts has also made them popular in foreign markets.
The trend in the Indonesia tea extract market includes increasing availability of herbal teas, organic and natural teas, green teas, and various specialty flavors. Consumers are increasingly looking for new health benefits that can be obtained from consuming these products such as anti-oxidants or immunity boosting properties due to their high concentration of polyphenols which makes them very attractive alternatives to conventional beverages. Additionally, manufacturers are introducing various product variations with different flavors such as ginger cinnamon cardamom and jasmine etc., which have further increased the popularity of this segment among young people who prefer exotic tastes.
Increasing awareness about healthy lifestyle among Indonesias is one major driver for the growth of Indonesia tea extracts market. Furthermore there has been an increase in disposable income leading to higher spending on premium quality products like gourmet specialties & organic/natural ones which has also significantly boosted sales volumes over recent years. Furthermore, growing interest in culinary experiences coupled with advancements in technology & customer service have led to better packaging & more widespread distribution networks across geographies enabling easier access to these products even remotely located areas thus aiding growth prospects within this sector in Indonesia.
The Indonesia tea extracts market was hit hard by the outbreak of COVID-19. The pandemic has caused disruptions in various aspects including production, transportation and consumption of tea extracts in Indonesia. As consumers adopted an austere lifestyle due to financial constraints, demand for premium products such as tea extract declined significantly. This had a negative impact on the revenue generated from this market segment in 2025. With no clear timeline for recovery, it is expected that the situation will remain stagnant until 2025 at least.
The major challenge faced by Indonesia Tea Extracts Market is lack of awareness among consumers about its health benefits and usage potentials. Consumers do not perceive tea extract as an essential product and therefore they are reluctant to invest in it despite its multiple usages such as providing energy boost or aiding digestion etc.. Furthermore, low availability of capital investment coupled with reduced access to credit facilities further hinder growth prospects of this industry segment. Additionally, high cost associated with processing leads to increase in burden on manufacturers thereby restraining growth opportunities within this sector even more so during these trying times when resources are scarce already due to pandemic related uncertainty.
Some key players operating within Indonesia Tea Extracts Market include PT Indofood CBP Sukses Makmur Tbk., Unilever Indonesia Tbk., PT Sinar Sosro (Sinar Mas Group), ABC President Indonesia Inc., Mayora Indah Tbk., Coca Cola Amatil -Indonesia (CCAI)and others who have been instrumental in driving innovation and development within this industry segment over last few years.
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 Tea extracts Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Tea extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Tea extracts Market - Industry Life Cycle |
3.4 Indonesia Tea extracts Market - Porter's Five Forces |
3.5 Indonesia Tea extracts Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Tea extracts Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Indonesia Tea extracts Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.8 Indonesia Tea extracts Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.9 Indonesia Tea extracts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Indonesia Tea extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Tea extracts Market Trends |
6 Indonesia Tea extracts Market, By Types |
6.1 Indonesia Tea extracts Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Tea extracts Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Indonesia Tea extracts Market Revenues & Volume, By Green tea, 2018 - 2031F |
6.1.4 Indonesia Tea extracts Market Revenues & Volume, By Black tea, 2018 - 2031F |
6.1.5 Indonesia Tea extracts Market Revenues & Volume, By Oolong tea, 2018 - 2031F |
6.1.6 Indonesia Tea extracts Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Indonesia Tea extracts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Tea extracts Market Revenues & Volume, By Food, 2018 - 2031F |
6.2.3 Indonesia Tea extracts Market Revenues & Volume, By Beverages, 2018 - 2031F |
6.2.4 Indonesia Tea extracts Market Revenues & Volume, By Pharmaceuticals, 2018 - 2031F |
6.2.5 Indonesia Tea extracts Market Revenues & Volume, By Cosmetics, 2018 - 2031F |
6.3 Indonesia Tea extracts Market, By Category |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Tea extracts Market Revenues & Volume, By Organic, 2018 - 2031F |
6.3.3 Indonesia Tea extracts Market Revenues & Volume, By Conventional, 2018 - 2031F |
6.4 Indonesia Tea extracts Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Tea extracts Market Revenues & Volume, By Liquid, 2018 - 2031F |
6.4.3 Indonesia Tea extracts Market Revenues & Volume, By Powder, 2018 - 2031F |
6.5 Indonesia Tea extracts Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Indonesia Tea extracts Market Revenues & Volume, By Store Based, 2018 - 2031F |
6.5.3 Indonesia Tea extracts Market Revenues & Volume, By Non-Store Based, 2018 - 2031F |
7 Indonesia Tea extracts Market Import-Export Trade Statistics |
7.1 Indonesia Tea extracts Market Export to Major Countries |
7.2 Indonesia Tea extracts Market Imports from Major Countries |
8 Indonesia Tea extracts Market Key Performance Indicators |
9 Indonesia Tea extracts Market - Opportunity Assessment |
9.1 Indonesia Tea extracts Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Tea extracts Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Indonesia Tea extracts Market Opportunity Assessment, By Category, 2021 & 2031F |
9.4 Indonesia Tea extracts Market Opportunity Assessment, By Form, 2021 & 2031F |
9.5 Indonesia Tea extracts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Indonesia Tea extracts Market - Competitive Landscape |
10.1 Indonesia Tea extracts Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Tea extracts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |