Indonesia Smart Cold Storage for Fisheries Market
Description
Indonesia Smart Cold Storage for Fisheries Market Overview
The Indonesia Smart Cold Storage for Fisheries Market is valued at USD 1.1 billion, based on a five-year historical analysis. This valuation aligns with the broader cold chain market, which reached around USD 3 billion for all segments, with fisheries representing a significant share due to Indonesia’s abundant fish reserves and high seafood consumption. Growth is primarily driven by rising demand for seafood, technological advancements in cold storage (such as automation and real-time monitoring), and the need for efficient supply chain management in the fisheries sector. The expansion of e-commerce platforms and online food delivery services has further accelerated the adoption of smart cold storage solutions, as temperature-controlled logistics ensure product quality and safety.
Key cities including Jakarta, Surabaya, and Makassar continue to dominate the market due to their strategic locations, robust infrastructure, and proximity to major fishing zones. These urban centers act as critical hubs for seafood processing and distribution, supporting efficient logistics and access to a large consumer base. The concentration of fish processing companies and modern cold storage facilities in these areas further strengthens their market leadership.
In 2023, the Indonesian government introduced regulations to enhance sustainability and efficiency in the fisheries sector. Notably, the “Minister of Marine Affairs and Fisheries Regulation No. 17/2023” issued by the Ministry of Marine Affairs and Fisheries sets operational standards for cold storage facilities, requiring the adoption of energy-efficient technologies, regular temperature monitoring, and waste minimization practices. These standards are designed to ensure seafood quality, support sector growth, and promote environmental sustainability by mandating compliance for all commercial cold storage operators in fisheries.
Indonesia Smart Cold Storage for Fisheries Market Segmentation
By Temperature Range:
The temperature range for cold storage solutions is critical in determining the preservation quality of seafood products. The subsegments include Frozen (-18°C to -25°C), Chilled (0°C to 15°C), and Deep-frozen (Below -25°C). Among these, the
Frozen
segment is currently leading the market, accounting for the largest share due to its widespread application in seafood preservation, long shelf life, and ability to maintain product quality. The increasing demand for frozen seafood products, driven by both domestic consumption and export opportunities, further reinforces its market leadership.
By Storage Type:
The storage type segment covers Refrigerated Containers, Walk-in Cold Rooms, Blast Freezers, Insulated Storage Units, Smart Temperature-Controlled Units, Modular Cold Storage Solutions, and Others.
Refrigerated Containers
remain the most prominent subsegment, valued for their flexibility and efficiency in seafood transport. The rapid growth of e-commerce and food delivery has increased demand for mobile cold storage solutions, boosting the market position of refrigerated containers. Walk-in cold rooms and blast freezers are also widely adopted for large-scale processing and storage, supporting the sector’s operational needs.
--- COMPETITIVE LANDSCAPE SECTION ---
Indonesia Smart Cold Storage for Fisheries Market Competitive Landscape
The Indonesia Smart Cold Storage for Fisheries Market is characterized by a dynamic mix of regional and international players. Leading participants such as PT. Kiat Ananda Cold Storage, PT. Mega Internasional Sejahtera, PT. Wahana Cold Storage, PT. Bonicom Servistama Compindo, PT. Bumi Menara Internusa, PT. Sumber Daya Manunggal, PT. Sari Segar Husada, PT. Indoguna Utama, Fresh Factory, TITAN Containers (Indonesia), PT. Enseval Putra Megatrading Tbk, PT. DS Solutions Internationals, PT. Sinar Mas Agro Resources and Technology Tbk (SMART Tbk), PT. Pelabuhan Indonesia (Pelindo), PT. Pangan Lestari contribute to innovation, geographic expansion, and service delivery in this space.
PT. Kiat Ananda Cold Storage
1995
Jakarta, Indonesia
PT. Mega Internasional Sejahtera
2000
Surabaya, Indonesia
PT. Wahana Cold Storage
1998
Bandung, Indonesia
PT. Bonicom Servistama Compindo
2005
Medan, Indonesia
PT. Bumi Menara Internusa
2010
Jakarta, Indonesia
Company
Establishment Year
Headquarters
Group Size (Large, Medium, or Small as per industry convention)
Revenue (USD, latest fiscal year)
Revenue Growth Rate (%)
Market Penetration Rate (%)
Cold Storage Capacity (MT or CBM)
Number of Facilities/Locations
**Sources:**
-
-
-
-
Indonesia Smart Cold Storage for Fisheries Market Industry Analysis
Growth Drivers
Increasing Demand for Seafood Preservation:
The seafood consumption in Indonesia reached approximately 3.6 million tons in future, with a projected increase to 4.1 million tons in future. This rising demand necessitates advanced preservation methods, driving the need for smart cold storage solutions. The World Bank estimates that effective cold storage can reduce post-harvest losses by up to 30%, translating to significant economic benefits for the fisheries sector, which contributes around 2.5% to the national GDP.
Government Initiatives for Sustainable Fisheries:
The Indonesian government has allocated IDR 1.3 trillion (approximately USD 85 million) for sustainable fisheries initiatives in future. These initiatives include promoting smart cold storage technologies to enhance fish quality and reduce waste. By implementing these technologies, the government aims to support the fisheries sector's growth, which employs over 2.1 million people and is vital for food security and economic stability in coastal communities.
Technological Advancements in Cold Storage:
The cold storage technology market in Indonesia is expected to grow significantly, with investments projected to reach IDR 600 billion (around USD 40 million) in future. Innovations such as IoT-enabled monitoring systems and energy-efficient refrigeration are becoming increasingly prevalent. These advancements not only improve operational efficiency but also align with global trends towards smart agriculture, enhancing the competitiveness of Indonesian seafood in international markets.
Market Challenges
High Initial Investment Costs:
The initial setup cost for smart cold storage facilities can range from IDR 1.2 billion to IDR 5.5 billion (USD 80,000 to USD 367,000), which poses a significant barrier for small-scale fishers and local businesses. This financial hurdle limits the adoption of advanced technologies, as many operators struggle to secure funding or loans, particularly in rural areas where access to financial services is limited.
Limited Infrastructure in Rural Areas:
Approximately 62% of Indonesia's fisheries are located in rural regions, where infrastructure for cold storage is often inadequate. The lack of reliable electricity and transportation networks hampers the implementation of smart cold storage solutions. According to the Ministry of Maritime Affairs and Fisheries, only 32% of rural fishers have access to proper cold storage facilities, leading to high post-harvest losses and reduced product quality.
Indonesia Smart Cold Storage for Fisheries Market Future Outlook
The future of the smart cold storage market in Indonesia appears promising, driven by increasing seafood demand and government support for sustainable practices. As technological advancements continue to evolve, the integration of IoT and energy-efficient systems will likely enhance operational efficiencies. Furthermore, the growing emphasis on food safety and quality assurance will push stakeholders to adopt modern cold storage solutions, ensuring that Indonesia remains competitive in the global seafood market while addressing environmental concerns.
Market Opportunities
Expansion of Aquaculture:
The aquaculture sector in Indonesia is projected to grow by 11% annually, creating a substantial demand for efficient cold storage solutions. This growth presents an opportunity for smart cold storage providers to collaborate with aquaculture farms, ensuring that harvested products maintain optimal quality and freshness, thereby enhancing marketability.
Partnerships with Local Fishermen:
Establishing partnerships with local fishermen can facilitate the adoption of smart cold storage technologies. By providing training and financial incentives, companies can help fishermen improve their storage practices, leading to reduced waste and increased profitability. This collaboration can also enhance community engagement and support sustainable fishing practices.
Please Note: It will take 5-7 business days to complete the report upon order confirmation.
The Indonesia Smart Cold Storage for Fisheries Market is valued at USD 1.1 billion, based on a five-year historical analysis. This valuation aligns with the broader cold chain market, which reached around USD 3 billion for all segments, with fisheries representing a significant share due to Indonesia’s abundant fish reserves and high seafood consumption. Growth is primarily driven by rising demand for seafood, technological advancements in cold storage (such as automation and real-time monitoring), and the need for efficient supply chain management in the fisheries sector. The expansion of e-commerce platforms and online food delivery services has further accelerated the adoption of smart cold storage solutions, as temperature-controlled logistics ensure product quality and safety.
Key cities including Jakarta, Surabaya, and Makassar continue to dominate the market due to their strategic locations, robust infrastructure, and proximity to major fishing zones. These urban centers act as critical hubs for seafood processing and distribution, supporting efficient logistics and access to a large consumer base. The concentration of fish processing companies and modern cold storage facilities in these areas further strengthens their market leadership.
In 2023, the Indonesian government introduced regulations to enhance sustainability and efficiency in the fisheries sector. Notably, the “Minister of Marine Affairs and Fisheries Regulation No. 17/2023” issued by the Ministry of Marine Affairs and Fisheries sets operational standards for cold storage facilities, requiring the adoption of energy-efficient technologies, regular temperature monitoring, and waste minimization practices. These standards are designed to ensure seafood quality, support sector growth, and promote environmental sustainability by mandating compliance for all commercial cold storage operators in fisheries.
Indonesia Smart Cold Storage for Fisheries Market Segmentation
By Temperature Range:
The temperature range for cold storage solutions is critical in determining the preservation quality of seafood products. The subsegments include Frozen (-18°C to -25°C), Chilled (0°C to 15°C), and Deep-frozen (Below -25°C). Among these, the
Frozen
segment is currently leading the market, accounting for the largest share due to its widespread application in seafood preservation, long shelf life, and ability to maintain product quality. The increasing demand for frozen seafood products, driven by both domestic consumption and export opportunities, further reinforces its market leadership.
By Storage Type:
The storage type segment covers Refrigerated Containers, Walk-in Cold Rooms, Blast Freezers, Insulated Storage Units, Smart Temperature-Controlled Units, Modular Cold Storage Solutions, and Others.
Refrigerated Containers
remain the most prominent subsegment, valued for their flexibility and efficiency in seafood transport. The rapid growth of e-commerce and food delivery has increased demand for mobile cold storage solutions, boosting the market position of refrigerated containers. Walk-in cold rooms and blast freezers are also widely adopted for large-scale processing and storage, supporting the sector’s operational needs.
--- COMPETITIVE LANDSCAPE SECTION ---
Indonesia Smart Cold Storage for Fisheries Market Competitive Landscape
The Indonesia Smart Cold Storage for Fisheries Market is characterized by a dynamic mix of regional and international players. Leading participants such as PT. Kiat Ananda Cold Storage, PT. Mega Internasional Sejahtera, PT. Wahana Cold Storage, PT. Bonicom Servistama Compindo, PT. Bumi Menara Internusa, PT. Sumber Daya Manunggal, PT. Sari Segar Husada, PT. Indoguna Utama, Fresh Factory, TITAN Containers (Indonesia), PT. Enseval Putra Megatrading Tbk, PT. DS Solutions Internationals, PT. Sinar Mas Agro Resources and Technology Tbk (SMART Tbk), PT. Pelabuhan Indonesia (Pelindo), PT. Pangan Lestari contribute to innovation, geographic expansion, and service delivery in this space.
PT. Kiat Ananda Cold Storage
1995
Jakarta, Indonesia
PT. Mega Internasional Sejahtera
2000
Surabaya, Indonesia
PT. Wahana Cold Storage
1998
Bandung, Indonesia
PT. Bonicom Servistama Compindo
2005
Medan, Indonesia
PT. Bumi Menara Internusa
2010
Jakarta, Indonesia
Company
Establishment Year
Headquarters
Group Size (Large, Medium, or Small as per industry convention)
Revenue (USD, latest fiscal year)
Revenue Growth Rate (%)
Market Penetration Rate (%)
Cold Storage Capacity (MT or CBM)
Number of Facilities/Locations
**Sources:**
-
-
-
-
Indonesia Smart Cold Storage for Fisheries Market Industry Analysis
Growth Drivers
Increasing Demand for Seafood Preservation:
The seafood consumption in Indonesia reached approximately 3.6 million tons in future, with a projected increase to 4.1 million tons in future. This rising demand necessitates advanced preservation methods, driving the need for smart cold storage solutions. The World Bank estimates that effective cold storage can reduce post-harvest losses by up to 30%, translating to significant economic benefits for the fisheries sector, which contributes around 2.5% to the national GDP.
Government Initiatives for Sustainable Fisheries:
The Indonesian government has allocated IDR 1.3 trillion (approximately USD 85 million) for sustainable fisheries initiatives in future. These initiatives include promoting smart cold storage technologies to enhance fish quality and reduce waste. By implementing these technologies, the government aims to support the fisheries sector's growth, which employs over 2.1 million people and is vital for food security and economic stability in coastal communities.
Technological Advancements in Cold Storage:
The cold storage technology market in Indonesia is expected to grow significantly, with investments projected to reach IDR 600 billion (around USD 40 million) in future. Innovations such as IoT-enabled monitoring systems and energy-efficient refrigeration are becoming increasingly prevalent. These advancements not only improve operational efficiency but also align with global trends towards smart agriculture, enhancing the competitiveness of Indonesian seafood in international markets.
Market Challenges
High Initial Investment Costs:
The initial setup cost for smart cold storage facilities can range from IDR 1.2 billion to IDR 5.5 billion (USD 80,000 to USD 367,000), which poses a significant barrier for small-scale fishers and local businesses. This financial hurdle limits the adoption of advanced technologies, as many operators struggle to secure funding or loans, particularly in rural areas where access to financial services is limited.
Limited Infrastructure in Rural Areas:
Approximately 62% of Indonesia's fisheries are located in rural regions, where infrastructure for cold storage is often inadequate. The lack of reliable electricity and transportation networks hampers the implementation of smart cold storage solutions. According to the Ministry of Maritime Affairs and Fisheries, only 32% of rural fishers have access to proper cold storage facilities, leading to high post-harvest losses and reduced product quality.
Indonesia Smart Cold Storage for Fisheries Market Future Outlook
The future of the smart cold storage market in Indonesia appears promising, driven by increasing seafood demand and government support for sustainable practices. As technological advancements continue to evolve, the integration of IoT and energy-efficient systems will likely enhance operational efficiencies. Furthermore, the growing emphasis on food safety and quality assurance will push stakeholders to adopt modern cold storage solutions, ensuring that Indonesia remains competitive in the global seafood market while addressing environmental concerns.
Market Opportunities
Expansion of Aquaculture:
The aquaculture sector in Indonesia is projected to grow by 11% annually, creating a substantial demand for efficient cold storage solutions. This growth presents an opportunity for smart cold storage providers to collaborate with aquaculture farms, ensuring that harvested products maintain optimal quality and freshness, thereby enhancing marketability.
Partnerships with Local Fishermen:
Establishing partnerships with local fishermen can facilitate the adoption of smart cold storage technologies. By providing training and financial incentives, companies can help fishermen improve their storage practices, leading to reduced waste and increased profitability. This collaboration can also enhance community engagement and support sustainable fishing practices.
Please Note: It will take 5-7 business days to complete the report upon order confirmation.
Table of Contents
81 Pages
- 1. Indonesia Smart Cold Storage for Fisheries Market Overview
- 1.1. Definition and Scope
- 1.2. Market Taxonomy
- 1.3. Market Growth Rate
- 1.4. Market Segmentation Overview
- 2. Indonesia Smart Cold Storage for Fisheries Market Size (in USD Bn), 2019–2024
- 2.1. Historical Market Size
- 2.2. Year-on-Year Growth Analysis
- 2.3. Key Market Developments and Milestones
- 3. Indonesia Smart Cold Storage for Fisheries Market Analysis
- 3.1. Growth Drivers
- 3.1.1. Increasing demand for seafood preservation
- 3.1.2. Government initiatives for sustainable fisheries
- 3.1.3. Technological advancements in cold storage
- 3.1.4. Rising export opportunities for fish products
- 3.2. Restraints
- 3.2.1. High initial investment costs
- 3.2.2. Limited infrastructure in rural areas
- 3.2.3. Regulatory compliance complexities
- 3.2.4. Competition from traditional storage methods
- 3.3. Opportunities
- 3.3.1. Expansion of aquaculture
- 3.3.2. Partnerships with local fishermen
- 3.3.3. Development of smart technology solutions
- 3.3.4. Increasing consumer awareness of food safety
- 3.4. Trends
- 3.4.1. Adoption of IoT in cold storage solutions
- 3.4.2. Shift towards energy-efficient systems
- 3.4.3. Growth of e-commerce in seafood distribution
- 3.4.4. Focus on sustainability and eco-friendly practices
- 3.5. Government Regulation
- 3.5.1. Standards for seafood quality and safety
- 3.5.2. Incentives for energy-efficient technologies
- 3.5.3. Regulations on waste management in fisheries
- 3.5.4. Policies supporting local fishery development
- 3.6. SWOT Analysis
- 3.7. Stakeholder Ecosystem
- 3.8. Competition Ecosystem
- 4. Indonesia Smart Cold Storage for Fisheries Market Segmentation, 2024
- 4.1. By Temperature Range (in Value %)
- 4.1.1. Frozen (-18°C to -25°C)
- 4.1.2. Chilled (0°C to 15°C)
- 4.1.3. Deep-frozen (Below -25°C)
- 4.1.4. Others
- 4.2. By Storage Type (in Value %)
- 4.2.1. Refrigerated Containers
- 4.2.2. Walk-in Cold Rooms
- 4.2.3. Blast Freezers
- 4.2.4. Smart Temperature-Controlled Units
- 4.2.5. Others
- 4.3. By End-User (in Value %)
- 4.3.1. Fish Processing Companies
- 4.3.2. Seafood Distributors
- 4.3.3. Aquaculture Farms
- 4.3.4. Retail Chains
- 4.3.5. Others
- 4.4. By Application (in Value %)
- 4.4.1. Fresh Fish Storage
- 4.4.2. Frozen Fish Storage
- 4.4.3. Seafood Processing
- 4.4.4. Distribution and Logistics
- 4.4.5. Others
- 4.5. By Distribution Mode (in Value %)
- 4.5.1. Direct Sales
- 4.5.2. Online Sales
- 4.5.3. Distributors
- 4.5.4. Retail Outlets
- 4.5.5. Others
- 4.6. By Price Range (in Value %)
- 4.6.1. Budget
- 4.6.2. Mid-Range
- 4.6.3. Premium
- 4.6.4. Others
- 5. Indonesia Smart Cold Storage for Fisheries Market Cross Comparison
- 5.1. Detailed Profiles of Major Companies
- 5.1.1. PT. Kiat Ananda Cold Storage
- 5.1.2. PT. Mega Internasional Sejahtera
- 5.1.3. PT. Wahana Cold Storage
- 5.1.4. PT. Bonicom Servistama Compindo
- 5.1.5. PT. Bumi Menara Internusa
- 5.2. Cross Comparison Parameters
- 5.2.1. Revenue (USD, latest fiscal year)
- 5.2.2. Market Penetration Rate (%)
- 5.2.3. Cold Storage Capacity (MT or CBM)
- 5.2.4. Number of Facilities/Locations
- 5.2.5. Technology Adoption Level (IoT, Automation, etc.)
- 6. Indonesia Smart Cold Storage for Fisheries Market Regulatory Framework
- 6.1. Industry Standards
- 6.2. Compliance Requirements and Audits
- 6.3. Certification Processes
- 7. Indonesia Smart Cold Storage for Fisheries Market Future Size (in USD Bn), 2025–2030
- 7.1. Future Market Size Projections
- 7.2. Key Factors Driving Future Market Growth
- 8. Indonesia Smart Cold Storage for Fisheries Market Future Segmentation, 2030
- 8.1. By Temperature Range (in Value %)
- 8.2. By Storage Type (in Value %)
- 8.3. By End-User (in Value %)
- 8.4. By Application (in Value %)
- 8.5. By Distribution Mode (in Value %)
- 8.6. By Price Range (in Value %)
- Disclaimer
- Contact Us
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
