Indonesia: Food Processing Ingredients
The Indonesian food processing industry will serve a population of 255 million in 2015 and offer significant market potential for U.S. food and ingredient suppliers. In 2013, the product value of Indonesia’s large and medium food and beverage processing industry was $70.6 billion (IDR 745 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, growing middle class, aggressive promotional activities, growth of modern retail outlets, and growing health awareness. U.S. exporters face competition from neighboring ASEAN countries, China, Australia, New Zealand, and Europe.
