Market Entry - Prebiotics Industry in Indonesia: Analysis of Growth, Trends and Progress (2020 - 2025)

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About the Market

By application, the global prebiotics market is segmented into food and beverage, dietary supplements, and animal feed. Dairy, baked food, cereals, dry food, and fermented meat products come under the food and beverage segment. Prebiotic dairy products & infant formulations have witnessed maximum new products being launched over the past three years. Inulin promotes intestinal bacteria growth while enhancing mineral absorption. While it is suitable for diabetics, it also potentially helps in improving blood sugar-related illness effects. Chicory roots, acacia gums, lactose, and starch are key raw materials. Belgium, France, and the Netherlands are considered as the largest chicory root manufacturers, which would ensure easy raw material availability to manufacturing companies located in Europe; as it significantly impacts the global prebiotics market price trend. Increasing prevalence of CVD, diabetes as well as gut related diseases should drive awareness levels of the benefits provided by these ingredients, resulting in strong penetration of dietary supplements and functional foods. In addition, increasing consumer awareness regarding health benefits of prebiotics, coupled with rising instances of chronic diseases on account of sedentary lifestyle among young population in the region is expected to drive the market. Prebiotic food products and supplements manufacturers include Roquette America Inc., Abbott Nutrition, Friesland Campina, Cargill, Clasado Ltd., Beghin and Jarrow Formulas. Beneo-Orafti SA is involved in production and sales of inulin and oligofructose food ingredients derived from chicory. Beneo, Roquette, Coscura and Weetabix together accounted for close to 20% market share, in 2022.

About the Geography                  

Indonesia, with 252 million inhabitants, is the world’s fourth most populous country with a large middle-class population. It is the 16th largest economy in the world and is projected to be the seventh largest by 2030.

Incentives to investment are accessible to all investors, whether national or foreign. In 2006, the government improved the investment climate by a reduction in time required for the creation of a company, rationalization, and improvement of customs procedures and regulations. Privatization program affecting sectors like transport and finance is regularly updated. The country allows majority holding interest in the capital of Indonesian companies, except in certain sensitive sectors. The state also provides incentives to companies, which choose to set up in one of the seven customs areas. 

The constraints to starting a business in Indonesia include the formalities to be carried out and the inefficiency of the local authorities. The authorities here are still viewed as being generally corrupted as compared to other Southeast Asian nations. However, Indonesia still comprises of almost 50% of the GDP of ASEAN countries and with its growing middle class, huge consumer base and abundance of natural resources, it has become an attractive destination for investors

Component Name

Unit

From Site

                                     GDP                  

USD billion

862

                GDP Annual Growth Rate               

%

5.18

GDP Per Capita

USD

3834

Unemployment Rate

%

5.5

Inflation Rate

%

3.07

Consumer Price Index (CPI)

Index Points

125

Interest Rate

%

5

Loans to Private Sector

USD million/billion

286.2480 billion

Balance of Trade

USD million/billion

1217 million

Business Confidence

(No Units)

110

Manufacturing PMI

Index Points

50.9

Ease of Doing Business

(No Units)

109

Competitiveness Rank

(No Units)

41

Corruption Rank

(No Units)

88

Consumer Confidence

(No Units)

110

Consumer Spending

USD million/billion

96.59851 billion

Corporate Tax Rate

%

25

Sales Tax Rate

%

10

 

The Market Entry Series

Exploring global markets is now recognized as the shortest way to ensure high time to efficiency conversion, when trying to expand revenues past domestic markets, for firms both large and small. Our market entry series, priced suitably low contains the essentials of all the parameters (Refer: Table of Contents) you must be apprised of before you can have a well informed contemplation of a business opportunity in your choice of industry, in your choice of geography.

 

1. Introduction

                1.1 Scope of the Report

                1.2 Regional Analysis

                                1.2.1 PESTLE Analysis

                                1.2.2 Analysis of Ease of Doing Business

2. Market Dynamics

                2.1 Drivers

                2.2 Restraints

                2.3 Opportunities

3. Market Demand Analysis

                3.1 Socio-Economic Segmentation

                3.2 Demographic Strengths & Weaknesses

                3.3 Spending Patterns

                3.4 Target Market Identification

4. Market Size of Prebiotics Industry (USD millions)

                4.1 By Types

5. Market Entry

                5.1 Market Entry: The Strategy

                                5.1.1 Types of Entry Modes, by Market Entry Objectives

                                5.1.2 Competition Analysis

                                                5.1.2.1 Market Share

                                                5.1.2.2 Strategies Adopted, Recent Events 

                                5.1.3 Pricing Strategy

                                5.1.4 Supply Chain Analysis

                                                5.1.4.1 Trade (Import-Export Analysis)

                                                5.1.4.2 Distribution Network & Retail Analysis

                5.2 Market Entry: The Administration

                                5.2.1 How to Register a Company (Flowchart)

                                5.2.2 Registration Processes 

                                                5.2.2.1 Ministries Involved

                                                5.2.2.2 Criteria and Conditions

                                5.2.3 List of Forms & Documents

                                5.2.4 Product Control Guidelines specified by the Government

6. Sources

7. Disclaimer

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