KEY FINDINGS
The Indonesia halal food & beverage market is projected to register a CAGR of 6.78% during the forecast period, 2023-2030. Housing the largest Muslim population in Asia-Pacific, Indonesia is a lucrative market for halal foods and beverages.
MARKET INSIGHTS
The growth of the middle-class population in the country has been a key driver for the food & beverage market in Indonesia. Currently, Indonesia stands as the fourth largest global market, comprising 17.3 million families, and this number is expected to grow to 20 million families by 2030. Notably, 60% of Indonesia's population falls within the age group of 30 and below, presenting lucrative opportunities for manufacturers and importers of non-indigenous and premium food & beverages.
While Indonesia has not been a major halal food & beverage exporter historically, there has been a notable uptick in the export of halal spices, noodles, and processed fish products to Japan, Singapore, the Middle East, and the U.S. in recent times. In light of this, both food & beverage manufacturers and the Indonesian government have been proactive in their efforts to establish the country as a major halal product hub in the future. The success of these initiatives is of utmost importance as they significantly impact the projected increase in demand for halal food & beverages in the country over the forecast period.
COMPETITIVE INSIGHTS
Some of the prominent companies in the market include Nestlé SA, BRF SA, Cargill Incorporated, PrimaBaguz Sdn Bhd, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Indonesia Halal Food & Beverage Market Forecast 2023-2030
Table Of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Methodology
1.3. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Country Snapshot
2.3. Country Analysis
2.4. Scope Of Study
2.5. Crisis Scenario Analysis
2.5.1. Impact Of Covid-19 On Halal Food & Beverage Market
2.6. Major Market Findings
2.6.1. Growing Investor Interest In Halal Foods And Beverages
2.6.2. Integration Of Technology
3. Market Dynamics
3.1. Key Drivers
3.1.1. Changing User Demographic Worldwide
3.1.2. Growing Awareness Regarding Halal Foods Among Non-Muslims
3.1.3. Launch Of Halal Food Options By Giant Food Chains
3.2. Key Restraints
3.2.1. Grueling Implementation Of Halal Standards Throughout The Value Chain
3.2.2. Mislabeling
3.2.3. Imbalance Between Demand And Supply
4. Key Analytics
4.1. Key Market Trends
4.2. Pest Analysis
4.3. Porter's Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Growth Prospect Mapping
4.4.1. Growth Prospect Mapping For Indonesia
4.5. Market Concentration Analysis
4.6. Value Chain Analysis
5. Market By User Demographic
5.1. Muslim
5.2. Non-Muslim
6. Market By Product Type
6.1. Halal Food
6.1.1. Halal Meat Products
6.1.2. Halal Dairy Products
6.1.3. Halal Grain Products
6.1.4. Halal Bakery & Confectionery Products
6.1.5. Other Halal Foods
6.2. Halal Beverage
6.3. Halal Supplement
7. Market By Distribution Channel
7.1. Convenience Store
7.2. Specialty Store
7.3. Supermarket & Hypermarket
7.4. Online Store
7.5. Other Distribution Channels
8. Competitive Landscape
8.1. Key Strategic Developments
8.1.1. Mergers & Acquisitions
8.1.2. Product Launches & Developments
8.1.3. Partnerships & Agreements
8.2. Company Profiles
8.2.1. Brf Sa
8.2.1.1. Company Overview
8.2.1.2. Product List
8.2.1.3. Strengths & Challenges
8.2.2. Cargill Incorporated
8.2.2.1. Company Overview
8.2.2.2. Product List
8.2.2.3. Strengths & Challenges
8.2.3. Midamar
8.2.3.1. Company Overview
8.2.3.2. Product List
8.2.4. Nestlé Sa
8.2.4.1. Company Overview
8.2.4.2. Product List
8.2.4.3. Strengths & Challenges
8.2.5. Primabaguz Sdn Bhd
8.2.5.1. Company Overview
8.2.5.2. Product List
List Of Tables
Table 1: Indonesia Market Snapshot - Halal Food & Beverage
Table 2: Indonesia Halal Food & Beverage Market, By User Demographic, Historical Years, 2018-2022 (In $ Billion)
Table 3: Indonesia Halal Food & Beverage Market, By User Demographic, Forecast Years, 2023-2030 (In $ Billion)
Table 4: Indonesia Halal Food & Beverage Market, By Product Type, Historical Years, 2018-2022 (In $ Billion)
Table 5: Indonesia Halal Food & Beverage Market, By Product Type, Forecast Years, 2023-2030 (In $ Billion)
Table 6: Indonesia Halal Food & Beverage Market, By Halal Food, Historical Years, 2018-2022 (In $ Billion)
Table 7: Indonesia Halal Food & Beverage Market, By Halal Food, Forecast Years, 2023-2030 (In $ Billion)
Table 8: Indonesia Halal Food & Beverage Market, By Distribution Channel, Historical Years, 2018-2022 (In $ Billion)
Table 9: Indonesia Halal Food & Beverage Market, By Distribution Channel, Forecast Years, 2023-2030 (In $ Billion)
Table 10: Indonesia Halal Food & Beverage Market Regulatory Framework
Table 11: List Of Mergers & Acquisitions
Table 12: List Of Product Launches & Developments
Table 13: List Of Partnerships & Agreements
List Of Figures
Figure 1: Animal-Based Non-Halal Products
Figure 2: Key Market Trends
Figure 3: Porter's Five Forces Analysis
Figure 4: Growth Prospect Mapping For Indonesia
Figure 5: Market Concentration Analysis
Figure 6: Value Chain Analysis
Figure 7: Indonesia Halal Food & Beverage Market, Growth Potential, By User Demographic, In 2022
Figure 8: Indonesia Halal Food & Beverage Market, By Muslim, 2023-2030 (In $ Billion)
Figure 9: Indonesia Halal Food & Beverage Market, By Non-Muslim, 2023-2030 (In $ Billion)
Figure 10: Indonesia Halal Food & Beverage Market, Growth Potential, By Product Type, In 2022
Figure 11: Indonesia Halal Food & Beverage Market, By Halal Food, 2023-2030 (In $ Billion)
Figure 12: Indonesia Halal Food & Beverage Market, Growth Potential, By Halal Food, In 2022
Figure 13: Indonesia Halal Food & Beverage Market, By Halal Meat Products, 2023-2030 (In $ Billion)
Figure 14: Indonesia Halal Food & Beverage Market, By Halal Dairy Products, 2023-2030 (In $ Billion)
Figure 15: Indonesia Halal Food & Beverage Market, By Halal Grain Products, 2023-2030 (In $ Billion)
Figure 16: Indonesia Halal Food & Beverage Market, By Halal Bakery & Confectionery Products, 2023-2030 (In $ Billion)
Figure 17: Indonesia Halal Food & Beverage Market, By Other Halal Foods, 2023-2030 (In $ Billion)
Figure 18: Indonesia Halal Food & Beverage Market, By Halal Beverage, 2023-2030 (In $ Billion)
Figure 19: Indonesia Halal Food & Beverage Market, By Halal Supplement, 2023-2030 (In $ Billion)
Figure 20: Indonesia Halal Food & Beverage Market, Growth Potential, By Distribution Channel, In 2022
Figure 21: Indonesia Halal Food & Beverage Market, By Convenience Store, 2023-2030 (In $ Billion)
Figure 22: Indonesia Halal Food & Beverage Market, By Specialty Store, 2023-2030 (In $ Billion)
Figure 23: Indonesia Halal Food & Beverage Market, By Supermarket & Hypermarket, 2023-2030 (In $ Billion)
Figure 24: Indonesia Halal Food & Beverage Market, By Online Store, 2023-2030 (In $ Billion)
Figure 25: Indonesia Halal Food & Beverage Market, By Other Distribution Channels, 2023-2030 (In $ Billion)
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