Market Analysis Report Indonesia Frozen Food Market

Your Catalyst to a Lucrative Business
Indonesia Frozen Food Market Share, Size, Segmentation, Outlook
and Forecasts to 2024 | Hexa Research
“ Indonesia frozen food market is expected to be valued at USD 579.7 million
by 2024.”
17 January 2019
Indonesia frozen food market is expected to be valued at USD 579.7 million by 2024 driven primarily by increased
working hours of Indonesian people that has driven the demand for easy convenience processed food. Growing
urbanization coupled with rising disposable income is expected to be the key driver for the rise in purchasing power by
the local Indonesian people. Consumers in Indonesia seek for convenient and fast food without compromising on health
benefits hence frozen food is expected to be the best fit in the processed food category. Frozen food products reduce
the cooking time but offer most of the goodness contained in fresh vegetables or non-vegetable products. Hypermarkets
and supermarkets with well-equipped storage and freezing facility are expected to drive the demand in the local
Indonesian market.
Demand for meat, ready meals, and seafood/fish is growing in Indonesia. Frozen meat is the largest market
and is preferred owing to high quality nutrition. Frozen fish/seafood market is expected to show slow growth
over the forecast period despite enormous fish imports from neighboring countries. However, tendency of
local Indonesian people to opt for high quality and nutritional processed food is expected to drive the
demand for frozen processed food which maintains the nutritional quality even after under going freezing
process.
Presence of huge teenage population along with the drive for easy and nutritional processed food, the
market for frozen processed convenience food in Indonesia is expected to grow over the forecast period,
2017 - 2024.
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