MARKET INSIGHTS
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Indonesia at the heart of the booming ASEAN region, but still
very “local” (no hub role). 4th most populated country in the world with
267 million people (350 within 2030)/ 1st agricultural power of the
region, but very dependent on palm oil.
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Rising middle-class (400 Mln people in 2020) and diversification of food habits.
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One of the lowest GDP of South Asia / low imports (ranked 25th)
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Over 90% of traditional retail
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The 4th largest country in the world.
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The 16th largest economy in the world.
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Indonesia has 40% of the ASEAN GDP, grew >5.2% in 2019.
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Indonesia has a 264 million population, largest muslim
population in the world, 45 million members of the consuming class, 135
million of the consuming class by 2030, modern distribution expansion
(15% value share today) and growing penetration of premium
products/offering, with more than half of annual household spending in
food and beverage by 2030.
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The food & grocery retail market includes the retail sales
of all food products, both packaged and unpackaged, as well as beverages
(including retail sales of all alcoholic and non-alcoholic beverages),
and household products. All on-trade sales of food and beverage are
excluded. All currency conversions are calculated at constant average
2017 exchange rates.
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The Indonesian food & grocery retail market had total
revenues of $201.3bn in 2017, representing a compound annual growth rate
(CAGR) of 8.1% between 2013 and 2017.
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The food segment was the market's most lucrative in 2017, with
total revenues of $164.9bn, equivalent to 81.9% of the market's overall
value.
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A growing middle class in Indonesia is driving expansion in the
modern retail sector. What’s more, a rise in prices of basic food
products such as vegetables, rice, and seeds has been resulting in
stronger value growth in this market.and soup dishes in modest local
eateries to street-side snacks and top-dollar plates.
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OUR AUDIENCE
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94,651 trade visitors from 62 countries
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96% Visitors Satisfaction rate
TOP 3 VISITORS' OBJECTIVE
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To find new suppliers
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To find new products
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To find out about new trends & market developments