Saturday, August 13, 2022

Email id: support@kenresearch.com, Contact Us : +91-9015378249

Home Food Beverage and tobacco Corona Virus will Increase Demand for Cold Storage Options therefore, giving boost...

Corona Virus will Increase Demand for Cold Storage Options therefore, giving boost to Sales of Cheese and Cheese Related Products in Indonesia: Ken Research

      • Since many consumers shelter in place, online grocery sales in Indonesia have dramatically gone up in the country.
      • Processed cheese is expected to remain the most demanded type of cheese among Indonesians in the future. Amid COVID-19, the spreadable processed cheese segment and other processed cheese segment is expected to grow at a revenue CAGR of 8.1% and 11.4% respectively during the forecast period 2019-2025
      • Social Media will be a key influencing factor for boosting sales due to the availability of recipes of western cuisine with cheese as their main ingredient coupled with the increasing adoption of westernized culture.

Efficiency in Manufacturing and Procurement to provide a Competitive Advantage: Domestic demand for cheese has not always been fully met in Indonesia by the local companies. As a result, numerous international players such as Kraft Foods entered the market. Kraft Heinz factories are working three shifts a day to meet the increased demand for its products as stockpiling for a pandemic has left many grocery stores shelves bare. The sales for 2020 would clearly record a dip due to the low production and availability of cheese and cheese related products in the market.

Restaurants across the country have drastically reduced operations in response to the Covid-19 pandemic. The effects have already begun to ripple through the food system, resulting in lost revenue for farmers and food makers and the nation’s cheesemakers. However, E-commerce sales will become more widely adopted as consumer comfort grows with the practice of purchasing products online. Increasing penetration of mobile and smartphone users in the country will trigger the aforementioned heightened demand for cold storage capacity. Also, companies owing to refrigerated warehouses will likely to gain more control of the cold storage footprint in Indonesia.

Since E-commerce is majorly driven by local grocery stores; retail channels will include more storage and fulfillment space (including a superior need for infill temperature-controlled facilities) in proximity to consumers. Cafes and other food outlets may see a significant shift in terms of dining formats with no or less dine-in options and more delivery or take-out that would require cold storage capacity. Cheese manufacturers that supply restaurants may upgrade cold storage space as a cost advantage in a limited dining environment. Until recently, consumers in Indonesia were not ordering a lot of perishable products online, but the situation is changing on a daily basis in the post COVID-19 environment.

The report titled Indonesia Cheese Market Outlook to 2025 – Rise in Demand and Use of New Distribution Channels to Drive Market by Ken The research suggested that the market is further expected to grow in the near future majorly due to changing Urban Lifestyle of Indonesia and alteration in the preferences of the purchasing platform. Indonesia cheese market is expected to register a positive six-year double-digit CAGR of 11.4% and 12.9% in terms of revenue and sales volume respectively during the forecast period 2019P-2025F.

Key Segments Covered: –

Product Type

Cheese

Processed Cheese

Spreadable Processed Cheese

Reconstituted Cheese

Cream Cheese

Other Processed Cheese

Unprocessed / Packaged Hard Cheese

Cheddar Cheese

Others (Mozzarella, Provolone, Parmesan, Emmental, Romano, Ricotta and Rest)

Distribution Channel

Hypermarkets

Supermarkets

Independent Small Grocers

Convenience stores

Other grocery retailers

Non store retailing

Health and beauty specialist retailers

Key Target Audience

Dairy food manufacturers

Dairy Association

Milk Importers, Distributors and Manufacturers

Cheese Manufacturers and Distributors

Time Period Captured in the Report:

Historical Period: 2013-2019P

Forecast Period: 2019P–2025F

Companies Covered:

Cheese –

Kraft Heinz Co

Mulia Boga Raya PT

Rokko Butter Co Ltd

Megsnow Milk Brand Co Ltd

Mondelez International Inc

Bel, Groupe

Key Topics Covered in the Report: –

Executive Summary – Indonesia Cheese Market

Need, Opportunity and Industry Size of Cheese Market

Demand & Supply Side Ecosystem, Preferences & Trends across End Users Market

Cheese Market Segment by Product Type, 2013-2019

Cheese Market Segment by Distribution Channel, 2013-2019

Ecosystem for Cheese Industry in Indonesia

Value Chain Analysis

Trade Scenario in Indonesia Cheese Market, 2014-2018

Comparative Landscape in Indonesia Cheese Market

Regulatory Landscape in Indonesia Cheese Market

4 Ps Analysis

Indonesia Cheese Market Future Outlook and Projections, 2019P-2025F

Appendix / Research Methodology

For More Information on the research report, refer to below link: –

Indonesia Cheese Industry Growth

Related Reports by Ken Research: –

Vietnam Nutraceutical Market Outlook to 2025 – By Dietary Supplements (Herbal Supplements, Vitamin and Minerals, Probiotics, Protein and Amino Acid Supplements, Omega 3 Fatty Acids, Others), By Functional Beverages (Energy Drinks, Plant based and Malt based Hot Drinks Hot Drinks, and Sports Drinks), By Functional Foods (Dairy, Baby Food, Breakfast Cereals, Confectionery, Hi-Fiber Biscuits, Snack Bars and Fruit Snacks)

UAE Nutritional Supplements Market Outlook to 2023 – by Vitamins & Dietary Supplements (Protein Supplements, Non-Herbal Dietary Supplements Composites, Fish Oils/Omega Fatty Acids, Glucosamine, Co-Enzyme Q 10, Herbal Dietary Supplements Composites, Yeast, Garlic, Ginko Biloba), Functional Foods (Dairy, Baby Food, Breakfast Cereals, Cooking Oil Confectionary, Sweet Biscuits, Snack Bars and Fruit Snacks) and Functional Beverages (Energy Drink, FF Concentrates, Sports Drink, and Bottled Water)

Saudi Arabia Nutraceuticals Market Outlook to 2023 – By Vitamins and Dietary Supplements, Functional Foods (Dairy, Baby Food, Breakfast Cereals, Edible Oil, and Confectionary) and Functional Beverages (Energy Drinks, Concentrates, Fruit/Vegetable Juices, and Sports Drinks)

Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com

+91-9015378249

RELATED ARTICLES

The rise in interest in labels and certifications such as plant-based or clean ingredients will be the Future Catalyst for Organic Baby Food Market...

Buy Now The increasing awareness among parents regarding the intake of nutrition, with the health benefits associated with organic food products is likely to...

Prospek Pasar Makanan Susu Indonesia hingga 2025: Ken Research

Buy Now Peluang Bisnis Makanan Sehat Segmen Produk Yoghurt & Susu Asam (Soured Milk) di Tengah Penyebaran COVID-19: Ken Research Temuan Utama Pembelian secara panik oleh...

Virus Corona akan Meningkatkan Permintaan Berbagai Pilihan untuk Tempat Penyimpanan Bersuhu Rendah atau Dingin (Cold Storage), Oleh karena itu, akan memicu terhadap peningkatan untuk...

Buy Now Karena banyak konsumen yang membatasi pergerakan sosial di luar rumah selama pandemi, penjualan bahan makanan secara online di Indonesia meningkat drastis...

Most Popular

Asia Pacific Virtual Reality Market Future Outlook to 2027: Ken Research

Buy Now Virtual Reality Market Definition and Overview As a technological paradigm, Virtual Reality equips its users with a computer-generated three-dimensional (3D) environment. The user can...

Global 5G in Healthcare Market Growth is driven by Adoption of Advanced Technologies: Ken Research

Buy Now 5G, the fifth generation of cellular wireless technology, has the potential to deliver the massive connection power and fast speeds that can assist...

Europe Floating Power Plant Market Size and Growth, Market Outlook and Forecast by Revenue 2027: Ken Research

Buy Now Floating Power Plant Market Definition and Overview A Floating Power Plant (FPP) is a power generation unit that is located on a platform, floating...

Malaysia Electric Two-Wheeler Market Size 2022 COVID-19 Impact Analysis by Business Opportunities, Key Manufacturers, Growth Drivers and Future Outlook 2026: Ken Research

Buy Now Overview of Malaysia Electric Vehicle Industry Size: Electric Two-Wheeler Market in Malaysia recorded a positive CAGR of xx% on the basis of revenue...