
Indonesia Baby Food - Market Assessment and Forecasts to 2027
Description
Indonesia Baby Food - Market Assessment and Forecasts to 2027
Summary
Indonesia Baby Food - Market Assessment and Forecasts to 2027” is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Norwegian market.
The number of live births in Indonesia declined by 9.5% during 2008-2021, to reach 4.1 million. This resulted in a baby population of 12.5 million in 2021. However, both the crude birth rate, and total fertility rates, have fallen. The GDP of Indonesia grew by 3.5% in 2021 primarily owing to the successful COVID-19 vaccination campaigns, while consumer price inflation stood at 1.6%. Overall growth in value terms has increased in recent years with the sector registering a CAGR of 5.8% during 2015-2021. In volume terms, sales grew slightly in 2021, with the sector registering a CAGR of 0.1%. Baby milks remained by far the largest category in value terms with nearly 92.2% of the baby food sector, followed by baby cereals & dry meals. Nestlé and Danone Group were the top two companies in 2021. Nestlé retained the top spot in value during 2015-2021 and remained the leader in all the categories. Hypermarkets & supermarkets remained the leading distribution channel, accounting for 68.8% of overall value sales in 2021. GlobalData estimates that the number of live births will decrease over the forecast period in Indonesia. Based on these assumptions, the market for baby food in the country is expected to grow slightly value terms, registering a value CAGR of 2.1% and a decline in volume CAGR of 1.5% during 2021-2027.
What else does this report offer?
Summary
Indonesia Baby Food - Market Assessment and Forecasts to 2027” is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Norwegian market.
The number of live births in Indonesia declined by 9.5% during 2008-2021, to reach 4.1 million. This resulted in a baby population of 12.5 million in 2021. However, both the crude birth rate, and total fertility rates, have fallen. The GDP of Indonesia grew by 3.5% in 2021 primarily owing to the successful COVID-19 vaccination campaigns, while consumer price inflation stood at 1.6%. Overall growth in value terms has increased in recent years with the sector registering a CAGR of 5.8% during 2015-2021. In volume terms, sales grew slightly in 2021, with the sector registering a CAGR of 0.1%. Baby milks remained by far the largest category in value terms with nearly 92.2% of the baby food sector, followed by baby cereals & dry meals. Nestlé and Danone Group were the top two companies in 2021. Nestlé retained the top spot in value during 2015-2021 and remained the leader in all the categories. Hypermarkets & supermarkets remained the leading distribution channel, accounting for 68.8% of overall value sales in 2021. GlobalData estimates that the number of live births will decrease over the forecast period in Indonesia. Based on these assumptions, the market for baby food in the country is expected to grow slightly value terms, registering a value CAGR of 2.1% and a decline in volume CAGR of 1.5% during 2021-2027.
What else does this report offer?
- Consumption data based upon a unique combination of industry research, fieldwork, market sizing work and our in-house expertise to offer extensive data about the trends and dynamics affecting the industry.
- Detailed profile of the companies operating and new companies considering entry in the industry along with their key focus product sectors.
- Market profile of the various product sectors with the key features & developments, segmentation, per capita trends and the various manufacturers & brands.
- Overview of baby food retailing with a mention of the major retailers in the country along with the distribution channel.
- Future projections considering various trends which are likely to affect the industry.
- The value sales of the baby milks category increased from IDR22,070.2 billion ($1,648.3 million) in 2015 to IDR30,922.1 billion ($2,108.3 million) in 2021, registering a CAGR of 5.8%.
- The volume sales of the baby cereals category decreased from 19.22 million kg in 2015 to 19.09 million kg in 2021, recording a negative CAGR of 0.1%.
- During 2015-2021, per capita consumption of baby meals & other grew by 9.3% to reach 0.02kg in 2021.
- During the same period, per capita expenditure on baby finger food increased by 71.6% in current price terms and by 38.2% in constant price terms.
- Evaluate important changes in consumer behavior and identify profitable markets and areas for product innovation.
- Analyse current and forecast behavior trends in each category to identify the best opportunities to exploit.
- Detailed understanding of consumption by individual product categories in order to align your sales and marketing efforts with the latest trends in the market.
- Investigates which categories are performing the best and how this is changing market dynamics.
Table of Contents
144 Pages
- Executive Summary
- Value and Volume Growth Analysis by Region
- Growth Analysis of Indonesia Compared to Other Leading Countries* in the Asia-Pacific Market
- PCC and PCE of Indonesia Compared to Global and Asia-Pacific Markets
- Births - Live Birth Rates
- Births - Birth Rates by Province
- The Consumer
- Socio-Demographic Trends
- Working Women
- Working Women - Legislation
- Breastfeeding Trends - Promotion
- Breastfeeding Trends - Prevalence
- Breastfeeding Trends - Duration
- Regulations
- Indonesia Baby Food Sector Snapshot
- Market Size Analysis
- Manufacturer Shares
- Baby Milks
- Baby Cereals
- Baby Meals & Other
- Baby Finger Food
- Imports
- Trends in Imports
- Imports
- Exports
- Trends in Exports
- Exports
- Channel Share Analysis
- Baby Food Retailing
- GDP Growth and Inflation
- Indonesia - Macroeconomic Analysis
- Population Growth
- Birth and Population Projections
- Indonesia Baby Food Sector Forecast Snapshot
- Impact of COVID-19
- Future Trends
- Consumer Survey Insights: Indonesia Baby Food
- Consumer Survey Insights: Indonesia Baby Care and Child Care Products
- Definitions - Category
- Definitions - Terminology
- Appendix - The Baby Population: Indonesia's baby population will decline by 4.8% during 2021-2027
- Appendix - Sector Value: Sales of baby food increased by 40.5% during 2015-2021
- Appendix - Sector Value: In constant price terms, sales recorded annual growth of 13.2% during 2015-2021
- Appendix - Sector Value: In 2021, the market had a value of $2,287.8 million, of which milks accounted for $2,108.3 million
- Appendix - Sector Volume: Baby food consumption totaled 199.99 million kg in 2021
- Appendix - Per Capita Expenditure: In current terms, expenditure per baby stood at IDR2,684,630.3 ($183) in 2021
- Appendix - Per Capita Expenditure: In real terms, per capita expenditure increased by 17.7% from 2015 to 2021
- Appendix - Per Capita Expenditure: In 2021, expenditure per baby aged 0-36 months stood at $183
- Appendix - Per Capita Consumption: Intake per baby aged 0-3 years stood at 16kg in 2021
- Appendix - Milks: Baby milks was the largest category in the Indonesian baby food sector in 2021, accounting for a 92.2% value share
- Appendix - Milks: In 2021, growing-up milks was the largest segment, accounting for 68% of value sales in the milks category
- Appendix - Milks: Danone's milks retailed at prices ranging from $6.36 to $18.12 per kg
- Appendix - Milks: The majority of Nestlé's milks were sold in 400g packs
- Appendix - Cereals: Current value sales reached IDR2,514,967 million ($171.5 million) in 2021, representing a value share of 7.5%
- Appendix - Meals & Other: In 2021, the meals & other category made up a 0.1% share of sector volume
- Appendix - Finger food: In 2021, category sales reached IDR81,427 million ($5.6 million), representing a 0.2% value share of the baby food sector
- Appendix - Drinks: In 2016, sales of baby drinks reached IDR1,768.7 million ($0.1 million), representing a 0.01% value share of the Indonesian baby food sector
- Appendix - Value Forecasts: The market is set to reach a value of IDR38,031,039.5 million ($2,429.7 million) in 2027
- Appendix - Value Forecasts: In 2027, value sales in constant terms are forecast to reach IDR31,900,724.2 million ($2,038.1 million)
- Appendix - Value Forecasts: During 2021-2027, the market is expected to achieve growth of 6.2%
- Appendix - Volume Forecasts: Consumption of baby food is set to reach 183.1 million kg in 2027
- Appendix - Per Capita Forecasts: Per capita expenditure in Indonesia is forecast to reach IDR3,197,816.7 ($204.3) in 2027
- Appendix - Per Capita Forecasts: In constant terms, per capita expenditure is projected to reach IDR2,682,352.9 ($171.4) in 2027
- Appendix - Per Capita Forecasts: Per capita expenditure is expected to reach $204.3 per baby in 2027
- Appendix - Per Capita Forecasts: Intake per baby aged 0-3 years is anticipated to reach 15.4kg in 2027
- Appendix - Store checks: A total of 474 SKUs were recorded by GlobalData, with the baby milks category making up the largest proportion
- Summary Methodology
- About GlobalData
- GlobalData at a glance
- About GlobalData
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