Indonesia Milk Market 2024

Description

The milk in Indonesia market is expected to increase by USD 2.0 billion, at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2029, according to the latest edition of the Milk Market in Indonesia Report. The Indonesia milk market is driven by a growing middle class and increasing urbanization, which are fueling demand for convenient and packaged milk products. As disposable incomes rise, consumers are showing a preference for higher-quality dairy options, including fortified and flavored milk. Additionally, the expansion of modern retail channels and the penetration of e-commerce are making a wider range of milk products more accessible, particularly in urban centers. Government efforts to improve local dairy production and reduce dependency on imports are also playing a crucial role in supporting market growth, ensuring a steady supply to meet the rising demand.

The report delivers an in-depth analysis of the Indonesia milk industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product, and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the milk market.

Market Segmentation

The following outlines the segmentation of the milk market in Indonesia:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, others

The Indonesia milk market is segmented on the basis of product, and distribution channel. On the basis of product, the milk market in Indonesia has been segmented into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. By distribution channel, the milk market in Indonesia has been segmented into convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

The Indonesia milk market is highly competitive. Some of the leading companies operating in the market are The Coca-Cola Company, Royal FrieslandCampina N.V., PT Ultrajaya Milk Industry & Trading Company Tbk, PT Nutrifood Indonesia, PT Kalbe Farma Tbk, PT Indofood Sukses Makmur Tbk, PT Diamond Cold Storage, PT Cisarua Mountain Dairy Tbk, Nestle S.A., Japfa Ltd., Fonterra Co-operative Group Limited.

This report delivers an in-depth breakdown of key players within the Indonesia milk market, outlining their performance from 2019 through 2023. The data reveals significant shifts in market share, highlighting both dominant players and emerging competitors. Armed with this information, businesses can sharpen their competitive edge, adjusting their strategies to navigate a shifting market landscape and positioning themselves for long-term growth.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Indonesia milk market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Indonesia milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Indonesia milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewIndonesia milk market – product analysis
Indonesia milk market – distribution channel analysis
Key players and market share
– The Coca-Cola Company
– Royal FrieslandCampina N.V.
– PT Ultrajaya Milk Industry & Trading Company Tbk
– PT Nutrifood Indonesia
– PT Kalbe Farma Tbk
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Indonesia milk market 2019-2029
Chart Indonesia milk market, net growth, 2019-2029
Chart Indonesia milk market, growth rates, 2019-2029
Table Indonesia milk market by product, 2019-2029
Chart Indonesia milk market by product, CAGR historic and forecast, 2019-2029
Chart Indonesia milk market by product, 2019-2029
Table Indonesia milk market by distribution channel, 2019-2029
Chart Indonesia milk market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Indonesia milk market by distribution channel, 2019-2029
Table Indonesia milk market share (%), by companies, 2019-2023
Chart Indonesia milk market, by companies, 2023
Table Indonesia milk market share (%), by brands, 2019-2023
Chart Indonesia milk market, by brands, 2023
Table Indonesia – population (millions) and forecast
Table Indonesia – consumer price index (CPI) and forecast
Table Indonesia – gross domestic product and forecast
Table Indonesia milk market: spend as a proportion of GDP (%)
Table Indonesia milk market: consumption per capita (population)