Browse the complete Report on - Indonesia Food and Drink Report Q4 2010
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BMI View: Indonesia’s private consumption oriented economy remains strong, and we continue to believe that solid long-term growth will occur. The economy is on track to hit our target of 5.2% real GDP growth for 2010, with GDP growth expected to accelerate slightly towards 5.3% in 2011. The positive economic outlook, along with a reasonable food consumption growth forecast – albeit from a still-low base – bodes well for the country’s food, beverage and mass grocery retail sectors and consequently, this quarter has seen a number of new expansionary investments and the announcement of positive financial results.
Headline Industry Data
Per Capita Food Consumption (IDR) is forecast to increase by 43.6% to 2014, with growth fuelled by economic expansion but constrained by persistent income inequalities
Soft Drink Sales (IDR) are forecast to increase by 79.7% to 2014, with value sales growth surpassing volume sales growth as consumers gradually trade up to higher value products
Mass Grocery Retail Sales (IDR) are forecast to increase by 63.8% to 2014 and by 9.3% in 2010 on the back of sustained multinational and local company investment
Key Company Trends
Food Market Investment - Keen to capitalise on the opportunities available within the country’s food industry, this quarter Philippines-based canned tuna manufacturer Alliance Tuna International announced plans to increase its stake in its Indonesian subsidiary from 79.92% to 89.98%. Meanwhile, Japan’s leading food seasonings manufacturer Ajinomoto also confirmed that it would be investing further in Indonesia. The firm plans to build a JPY6bn (US$67.7mn) plant in the country, which will be operational by 2012.
Retail Potential Continues To Be Recognised - Indonesia’s mass grocery retail sector is set to witness impressive sales growth of 63.8% through to 2014, with sales expected to reach IDR88,266bn by 2014. Looking to take advantage of this forecast sales growth, Indonesia’s Trans Corp, acquired a 40% stake in Carrefour Indonesia through subsidiary Para Group. The partnership offers both parties significant benefits allowing them to maximise competitiveness in such a dynamic and high-growth, but increasingly crowded market. Also seeking to exploit impressive growth forecasts, is Matahari Putra Prima announcing plans to extend its hypermarket chain by 10-15 outlets per annum through to 2014. Whilst the hypermarket format offers the lowest growth forecast of the three formats operational in Indonesia, sales are still expected to climb 61.8% to 2014 and it remains the country’s strongest sales format.
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Browse All Business Monitor International Market Research Reports
BMI View: Indonesia’s private consumption oriented economy remains strong, and we continue to believe that solid long-term growth will occur. The economy is on track to hit our target of 5.2% real GDP growth for 2010, with GDP growth expected to accelerate slightly towards 5.3% in 2011. The positive economic outlook, along with a reasonable food consumption growth forecast – albeit from a still-low base – bodes well for the country’s food, beverage and mass grocery retail sectors and consequently, this quarter has seen a number of new expansionary investments and the announcement of positive financial results.
Headline Industry Data
Per Capita Food Consumption (IDR) is forecast to increase by 43.6% to 2014, with growth fuelled by economic expansion but constrained by persistent income inequalities
Soft Drink Sales (IDR) are forecast to increase by 79.7% to 2014, with value sales growth surpassing volume sales growth as consumers gradually trade up to higher value products
Mass Grocery Retail Sales (IDR) are forecast to increase by 63.8% to 2014 and by 9.3% in 2010 on the back of sustained multinational and local company investment
Key Company Trends
Food Market Investment - Keen to capitalise on the opportunities available within the country’s food industry, this quarter Philippines-based canned tuna manufacturer Alliance Tuna International announced plans to increase its stake in its Indonesian subsidiary from 79.92% to 89.98%. Meanwhile, Japan’s leading food seasonings manufacturer Ajinomoto also confirmed that it would be investing further in Indonesia. The firm plans to build a JPY6bn (US$67.7mn) plant in the country, which will be operational by 2012.
Retail Potential Continues To Be Recognised - Indonesia’s mass grocery retail sector is set to witness impressive sales growth of 63.8% through to 2014, with sales expected to reach IDR88,266bn by 2014. Looking to take advantage of this forecast sales growth, Indonesia’s Trans Corp, acquired a 40% stake in Carrefour Indonesia through subsidiary Para Group. The partnership offers both parties significant benefits allowing them to maximise competitiveness in such a dynamic and high-growth, but increasingly crowded market. Also seeking to exploit impressive growth forecasts, is Matahari Putra Prima announcing plans to extend its hypermarket chain by 10-15 outlets per annum through to 2014. Whilst the hypermarket format offers the lowest growth forecast of the three formats operational in Indonesia, sales are still expected to climb 61.8% to 2014 and it remains the country’s strongest sales format.
About Us
ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.
(Due to the length of these URLs, it may be necessary to copy and paste the hyperlinks into your Internet browser's URL address field. Remove the space if one exists.)
Contact:
Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/
http://reportsandreports.proarticles.co.uk/
http://reportsnreports.wordpress.com/
