Market Share of Indonesia Plant-Based Food and Beverages Industry
Indonesia plant-based food and beverage industry is fragmented with many international and regional companies competing for significant market share. Some of the major players in the market are Green Rebel Foods, Amy's Kitchen, Inc., Nestle SA, Danone S.A., and Meatless Kingdom, among others. Key companies are focused on the expansion of production capacity and new product launches to cater to the increasing demand for meat substitutes and dairy alternatives. Furthermore, product innovation in terms of flavor and texture; and infusion of healthy ingredients is the major strategy adopted by companies. For instance, in November 2021, Green Rebel Foods launched plant-based cheddar cheese made with locally sourced potatoes, cashew nuts, and organic rice.
Indonesia Plant-Based Food and Beverages Market Leaders
Amy’s Kitchen, Inc.
Green Rebel Foods
Nestle SA
Meatless Kingdom
Danone SA
*Disclaimer: Major Players sorted in no particular order