Indonesia: Food Processing Ingredients
The Indonesian food processing market offers opportunities for U.S. food and ingredient suppliers with an estimated 2017 population of 261 million. In 2015, the product value of Indonesia’s large and medium food and beverage processing industry was $92.3 billion (IDR 1,238 trillion). The Indonesian food processing industry produces food products catering to all levels of consumers. Several factors contributing to the growth of the food processing industry are the introduction of new flavors and products with variant package sizes, a growing middle class, aggressive promotional activities, the growth of modern retail outlets, and growing health awareness. U.S. exporters face competition from neighboring ASEAN countries, China, Australia, New Zealand, and Europe.
