Staple foods in 2024: The big picture
The market for staple foods in Indonesia demonstrated solid growth in current value terms in 2024, continuing the trend of the previous year. Most categories experienced lower unit price growth compared to 2023, driven by easing global supply chain disruptions.
Key trends in 2024
Most categories of staple foods in Indonesia saw improved retail volume growth in 2024, partly due to lower unit price growth compared to 2023. Beyond pricing, the interplay of substitutable and complementary consumption also affects retail volume performance.
Competitive landscape
Despite a challenging economic environment, several categories within staple foods in Indonesia saw increased new product activity in 2024, driven largely by incumbent industry players who can capitalise on their scale. In processed poultry, for instance, Kanzler’s success with its crispy frozen chicken nugget product inspired leading brands like Fiesta and So Good to introduce similar offerings.
Channel developments
In terms of retail purchasing behaviour, offline channels continue to dominate across most product categories, with convenience retailers and small local grocers showing the strongest growth after e-commerce in 2024. Convenience retail is expanding its reach into suburban and rural cities, with major chain Alfamart set to open 1,000 new outlets, predominantly targeting these underserved areas.
What next for staple foods?
The market for staple foods in Indonesia is projected to see moderate volume growth over the forecast period. However, value growth may be tempered by sluggish consumer sentiment, which is expected to be further affected by ongoing suboptimal economic conditions.
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Overview:
Understand the latest market trends and future growth opportunities for the Staple Foods industry in Indonesia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Staple Foods industry in Indonesia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Staple Foods in Indonesia report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Staple Foods in Indonesia?
- Which are the leading brands in Staple Foods in Indonesia?
- How are products distributed in Staple Foods in Indonesia?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Staple Foods?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Indonesia?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Staple Foods in Indonesia
Staple foods in 2024: The big picture
Key trends in 2024
Competitive landscape
Channel developments
What next for staple foods?
DISCLAIMER
Baked Goods in Indonesia
KEY DATA FINDINGS
Retail unit price growth of baked goods normalise with restoration of global wheat supply
Emerging competitors challenge Sari Roti’s dominance
Private labels gain ground in packaged pastries
Baked goods offer growth potential, despite competitive and economic challenges
Pastries will outpace bread in terms of retail volume performance
Private labels will seek to capitalise on emerging trends
Breakfast Cereals in Indonesia
KEY DATA FINDINGS
Breakfast cereals see stable growth, with sales largely restricted to affluent consumers
Muesli and granola continue leading growth within breakfast cereals, while hot cereals gain traction
Simba Choco Chips outpaces Koco Krunch in terms of retail value growth due to affordability and local appeal
Rising demand for breakfast cereals amid shifting consumer lifestyles
Manufacturers have opportunity to align breakfast cereals with traditional Indonesian preferences
Muesli and granola will benefit from wider availability through online and offline distribution channels, alongside marketing investment
Processed Fruit and Vegetables in Indonesia
KEY DATA FINDINGS
Processed fruit and vegetables see stable growth amid economic pressures
Frozen processed fruit and vegetables exceed shelf stable counterparts in terms of retail unit price growth
Smaller brands see increased share amid heightened price sensitivity
Shelf-stable fruits projected to lead in retail value growth
Strong consumer preference for fresh fruit will shape market dynamics
Enhanced cold chain infrastructure and convenience store expansion will boost demand for frozen processed potatoes and vegetables
Processed Meat, Seafood and Alternatives To Meat in Indonesia
KEY DATA FINDINGS
Strong demand persists, despite rising costs
New entrants drive popularity of frozen processed poultry
Players adopt diverse marketing strategies to capture different market segments
Innovative flavour variations to sustain consumer interest
Meat substitutes unlikely to gain a strong foothold, although tofu will see sustained sales
E-commerce contribution to processed meat sales will remain minimal, amid cold chain industry challenges
Rice, Pasta and Noodles in Indonesia
KEY DATA FINDINGS
Rice prices in Indonesia surge in 2024 amid supply challenges
Instant noodles see similar price hikes
Indomie and Mie Sedaap leverage Korean wave to expand market share in 2024
Growing demand for healthier rice alternatives
Players will leverage Korean wave and local preference to enhance product appeal
Rising demand for convenient meal options could stir up demand for pasta
The following categories and subcategories are included:
Staple Foods
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- Packaged Flat Bread
- Unpackaged Flat Bread
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- Packaged Leavened Bread
- Unpackaged Leavened Bread
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- Packaged Cakes
- Unpackaged Cakes
- Dessert Mixes
- Frozen Baked Goods
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- Packaged Pastries
- Unpackaged Pastries
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- Sweet Pies and Tarts
- Frozen Cakes, Sweet Pies and Tarts
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- Hot Cereals
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- Children's Breakfast Cereals
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- Flakes
- Muesli and Granola
- Other RTE Cereals
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- Shelf Stable Beans
- Shelf Stable Fruit
- Shelf Stable Tomatoes
- Shelf Stable Vegetables
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- Frozen Fruit
- Frozen Processed Potatoes
- Frozen Processed Vegetables
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- Shelf Stable Processed Red Meat
- Shelf Stable Processed Poultry
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- Chilled Processed Red Meat
- Chilled Processed Poultry
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- Frozen Processed Red Meat
- Frozen Processed Poultry
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- Shelf Stable Seafood
- Chilled Processed Seafood
- Frozen Processed Seafood
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- Chilled Meat and Seafood Substitutes
- Frozen Meat and Seafood Substitutes
- Shelf Stable Meat and Seafood Substitutes
- Tofu and Derivatives
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- Chilled Noodles
- Frozen Noodles
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- Instant Noodle Cups
- Instant Noodle Pouches
- Plain Noodles
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- Chilled Pasta
- Dried Pasta
- Rice
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Staple Foods
NOTE: Couscous, polenta and quinoa are excluded from staple foods.
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This report originates from Passport, our Staple Foods research and analysis database.
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