Product Code: ETC171587 | 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 | |
The Indonesia vinegar market is estimated to witness a steady growth, owing to its increasing usage in culinary and medicinal purposes. Vinegar has been used for centuries in Indonesia as an important ingredient in cooking, seasoning dishes & pickling vegetables. This has led to the growing demand for organic vinegars among the Indonesias, which is expected to contribute towards the growth of the vinegar market.
Organic and natural vinegars are gaining popularity among consumers due to their health benefits such as aiding digestion, lowering blood pressure and reducing cholesterol levels. Additionally, flavored vinegars are also becoming popular among young consumers due to its added flavor & taste enhancement capability. The major trend observed in this industry includes increasing focus on product innovation with addition of flavors such as mint or chili flavor that attract younger generations? attention and consequently leads to better sales opportunity. Moreover, many companies have also started offering customer loyalty programs along with promotional offers like discounts & free gifts leading up towards higher sales numbers during festive seasons or special occasions.
The increasing per capita income coupled with rising consumer awareness about food safety standards are some of the major drivers fueling growth of Indonesia vinegar market over recent years. Furthermore , introduction of online marketplace platforms at economical prices by various international players is likely to drive further demand from customers. In addition , growing consumption rate for convenience foods such as ready-to-eat meals will propel regional market during forecast period. Furthermore , rising popularity regarding health benefits associated with organic/natural products along with easy availability via online portals shall boost overall industry expansion in next few years. Increasing number of foreign tourists visiting Indonesia every year has resulted into high expenditure on food products including vinegar resulting into higher revenue generation across region. These factors thus remain responsible for driving growth within estimated time frame.
Indonesia government imposed nationwide lockdown amidst outbreak situation thereby leading towards complete shutdown operations at all retail outlets and restaurants that ultimately affected sale activities undertaken by various stakeholders operating across country since March 2020 onwards till date periods. Moreover imposition restrictions related travelling along closure schools colleges had disrupted regular purchase activities followed by customer base residing within nation thereby hindering short term business prospects arising from sector until normalcy returns back completely across region.. Further changing lifestyle patterns might lead towards rapid shift toward healthy diet habits amongst individuals impacting positively over segmental share value through 2024 timeline.
The major challenge faced by market players is changing consumer preferences towards organic and preservative free food items. Another key challenge is increasing competition from local manufacturers who are offering cheaper alternatives to branded products. Additionally, fluctuating prices of raw materials such as rice or sugarcane due to seasonality also restricts profit margins for vendors operating in this sector.
Some of the prominent companies operating in Indonesia vinegar market are PT Sinar Sosro Tbk., PT Dua Kelinci Putra Malaysia Berhad, PT Ciputra Adigraha (Pasco), Unilever Indonesia Food Solutions (UIFS), Karya Abadi Citra Sejahtera, ABC President Indonesia Tbk., PT Sakura Indah Makmur Jaya Marasabessy Group and 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 Vinegar Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Vinegar Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Vinegar Market - Industry Life Cycle |
3.4 Indonesia Vinegar Market - Porter's Five Forces |
3.5 Indonesia Vinegar Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Indonesia Vinegar Market Revenues & Volume Share, By Source, 2020 & 2030F |
3.7 Indonesia Vinegar Market Revenues & Volume Share, By End-use, 2020 & 2030F |
3.8 Indonesia Vinegar Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Indonesia Vinegar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Vinegar Market Trends |
6 Indonesia Vinegar Market, By Types |
6.1 Indonesia Vinegar Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Vinegar Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 Indonesia Vinegar Market Revenues & Volume, By Balsamic Vinegar, 2020-2030F |
6.1.4 Indonesia Vinegar Market Revenues & Volume, By Red Wine Vinegar, 2020-2030F |
6.1.5 Indonesia Vinegar Market Revenues & Volume, By Cider Vinegar, 2020-2030F |
6.1.6 Indonesia Vinegar Market Revenues & Volume, By White Vinegar, 2020-2030F |
6.1.7 Indonesia Vinegar Market Revenues & Volume, By Rice Vinegar, 2020-2030F |
6.1.8 Indonesia Vinegar Market Revenues & Volume, By Others, 2020-2030F |
6.2 Indonesia Vinegar Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Vinegar Market Revenues & Volume, By Natural, 2020-2030F |
6.2.3 Indonesia Vinegar Market Revenues & Volume, By Synthetic, 2020-2030F |
6.3 Indonesia Vinegar Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Vinegar Market Revenues & Volume, By Institutional, 2020-2030F |
6.3.3 Indonesia Vinegar Market Revenues & Volume, By Retail, 2020-2030F |
6.4 Indonesia Vinegar Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Vinegar Market Revenues & Volume, By Supermarkets and Hypermarkets, 2020-2030F |
6.4.3 Indonesia Vinegar Market Revenues & Volume, By Convenience Stores, 2020-2030F |
6.4.4 Indonesia Vinegar Market Revenues & Volume, By Specialty Stores, 2020-2030F |
6.4.5 Indonesia Vinegar Market Revenues & Volume, By Online, 2020-2030F |
6.4.6 Indonesia Vinegar Market Revenues & Volume, By Others, 2020-2030F |
7 Indonesia Vinegar Market Import-Export Trade Statistics |
7.1 Indonesia Vinegar Market Export to Major Countries |
7.2 Indonesia Vinegar Market Imports from Major Countries |
8 Indonesia Vinegar Market Key Performance Indicators |
9 Indonesia Vinegar Market - Opportunity Assessment |
9.1 Indonesia Vinegar Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Indonesia Vinegar Market Opportunity Assessment, By Source, 2020 & 2030F |
9.3 Indonesia Vinegar Market Opportunity Assessment, By End-use, 2020 & 2030F |
9.4 Indonesia Vinegar Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Indonesia Vinegar Market - Competitive Landscape |
10.1 Indonesia Vinegar Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Vinegar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |