7 Opportunities for FMCG Industry in Indonesia to Thrive in 2022
The fast-moving consumer goods (FMCG) industry in Indonesia is one of the largest and fastest-growing in Southeast Asia. The market value is estimated at over USD 100 billion, and is expected to grow at a compound annual growth rate (CAGR) of 7.6% from 2021 to 2025. The growth of the FMCG industry in Indonesia is being driven by a number of.
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Indomie has been ranked seventh among the top 50 most chosen FMCG brands of 2020 and the top brand in Indonesia, according to Kantar's Brand Footprint 2021 study which ranks the most chosen.
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Brand Footprint is Kantar's annual study that measures which brands are most often chosen by consumers. Brand Footprint Indonesia covers over 550 brands across five FMCG sectors: namely food, beverages, dairy products, home care, and body care. This year's Indonesia Brand Footprint study covers 97% of the total households in urban and rural.
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Tel. +1 212 419-5774. Mon - Fri, 9am - 6pm (EST) FMCG market in Indonesia - Get the report with graphs and tables on statista.com!
7 Opportunities for FMCG Industry in Indonesia to Thrive in 2022
Brand Footprint Indonesia covers over 550 brands across five fast-moving consumer goods (FMCG) sectors: food, beverages, dairy products, home care and body care.
How different are FMCG Company names and Product Brands?
Inflation in Indonesia is at highest level for many years and consumers are feeling the pinch. Despite inflationary pressures, Indonesia's FMCG market continued to grow in 2022, with value growth of 9%, up from 5% the year before. Unit sales grew more modestly at 2%. Although price inflation of 7% across FMCG categoriesaffected consumer.
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JAKARTA, Indonesia, June 18, 2020 /PRNewswire/ -- Kantar Indonesia, Worldpanel Division announces the launch of the 2020 Indonesia Urban Brand Footprint Ranking. Brand Footprint is an annual study by Kantar that measures which brands are the most chosen ones by consumers. Brand Footprint covers FMCG sectors, e.g. food, beverages, home care.
Indonesia's FMCG Market Key Trends and Developments
Wings Group, a privately held company founded in 1986, is the fourth largest FMCG company in Indonesia. It produces and distributes a wide range of food and beverage products, including instant noodles, snacks, and sauces. The company's flagship brand is Mie Sedaap, which ranks as the second most popular instant noodle brand in Indonesia.
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The FMCG market value in Indonesia was estimated at about 1.2 trillion U.S. dollars in 2020, and is expected to grow at a compound annual growth rate (CAGR) of 7.6 percent from 2021 to 2025.
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Leading fast-moving consumer goods (FMCG) brands in Indonesia in 2022, by rate of household penetration Premium Statistic Net sales of Indofood FY 2014-2022 Net sales of Indofood FY 2014-2022
7 Opportunities for FMCG Industry in Indonesia to Thrive in 2022
Leading FMCG brands in Indonesia 2022, by household penetration. In 2022, Indomie was the most chosen brands among consumers in Indonesia, with 95.4 percent of households in Indonesia having.
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JAKARTA, Indonesia, June 18, 2020 /PRNewswire/ -- Kantar Indonesia, Worldpanel Division announces the launch of the 2020 Indonesia Urban Brand Footprint Ranking. Brand Footprint is an annual study.
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Major FMCG sales channels Indonesia Q3 2023, by market share. As of the third quarter of 2023, traditional trade held the highest market share of 83 percent in the fast-moving consumer goods (FMCG.
Indonesia's FMCG market remains in recovery mode
Kantar Indonesia, Worldpanel Division baru saja merilis publikasi teranyarnya, Brand Footprint Indonesia 2021.Ini adalah studi tahunan Kantar yang mengukur merek mana yang paling dipilih oleh konsumen. Brand Footprint meliputi lima sektor FMCG, yakni makanan, minuman, produk susu, perawatan rumah, dan perawatan tubuh.
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Retail. The FMCG industry in Indonesia has performed well in the last year as it posted an 11% growth in retail sales, a 4% increase compared to the previous year. While inflation remains high, GDP growth has recovered to more than 5%. Even consumer confidence in economic growth remains solid, evident by last years' increase in consumer spend.
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In Indonesia, FMCG/CPG brand Pepsodent leads the Personal Care list this year with a score of 50.1. Lifebuoy came in second with a score of 39.1. In third and fourth position were Dettol and Wardah respectively scoring 36.6 and 31.0. Rounding out the top five Vaseline scored 28.6.