Thursday, May 21, 2020

Healthy Food Business Opportunities in the Yoghurt & Sour Milk Product Segment amid COVID-19 Spread: Ken Research

      • Panic Buying has left Grocers with Empty Trolleys in the market thus, increasing the burden for the Yogurt producer to fill the gap during COVID-19.
      • Considering an industrial point of view, the work from the home policy has changed the pattern of increased public spending online.
      • Expected increase in the sales of drinks with various health benefits and stamina such as juices, sour milk, and drinking yoghurt. The drinking yoghurt segment is anticipated to grow at double-digit revenue CAGR of 13.8%; followed by the plain yoghurt the segment at 13.7% and flavoured yoghurt segment at 4.9% during the forecast period 2019-2025 in Indonesia.
 Drinking Yoghurt to Maintain Immunity during COVID-19 Pandemic in Indonesia: During the pandemic situation, people are expected to carry out clean as well as healthy behaviour by keeping the body stamina strong. Various methods are being used in order to maintain strong stamina, ranging from regular exercises/workouts, sunbathing & increasing consumption of diverse and nutritious foods such as yoghurt and sour milk. As a result, manufacturers have shifted their focus on product innovation to launch new flavoured yoghurt drinks that turn out to be beneficial for health and them invited the public to consume a Probiotic yoghurt drink.
Amid COVID-19, Probiotic yogurt is also health-friendly drink for sufferers of typhoid, diabetes, and hypercholesteromia because several types of Probiotic bacteria are proven to have these functional properties. The particular healthy alternative is increasingly being adopted by people during work from home (WFH). Research shows that if a consumer drinks 100 millilitres of Probiotic yoghurt a day, its health benefits could include an increase in immunity, blood pressure stability, reduce diarrhea and suppress bad bacteria in the digestive tract.
Growth in Dairy Derivatives over Long Term Supported by Population Growth and Consumer Shift towards Modern Retail Channels: In accordance with the JAKPAT mobile survey Indonesia 2019, 21% of people consume liquid yoghurt 2-3 times in a month and 20% of the people consume spoonable yoghurt 2-3 times in a week thus, proving the immense potential of the yoghurt segment in Indonesia. Along with rising internet penetration in the country, yoghurt, and sour milk manufacturers have been adopting to sell their products on several online portals. In order to further diversify the demand, international standard players over the long term care planning to improve production and distribution standards by respective investment and tie-ups in transport and cold chain infrastructure within Indonesia.
The report titled Indonesia Dairy Food Market Outlook to 2025 – Rise in Demand and Use of New Distribution Channels to Drive Market by Ken Research suggested that Indonesia Dairy Food Market is further expected to grow in future majorly due to changing Urban Lifestyle of Indonesia and alteration in the preferences of the purchasing platform. Indonesia dairy food the market is expected to register a positive six-year CAGR of 6.1% and 3.7% in terms of revenue and sales volume respectively during the forecast period 2019P-2025F.
Key Segments Covered: -
Product Type
Yoghurt and Sour Milk Products
Yoghurt
Drinking Yoghurt
Plain Yoghurt
Flavoured Yoghurt
Sour Milk
Distribution Channel
Hypermarkets
Supermarkets
Independent Small Grocers
Convenience stores
Other grocery retailers
Non store retailing
Health and beauty specialist retailers
Key Target Audience
Dairy food manufacturers
Milk Processors
Dairy Association
Milk Importers, Distributors and Manufacturers
Yoghurt Manufacturers
Sour Milk Manufacturers
Time Period Captured in the Report:
Historical Period: 2013-2019P
Forecast Period: 2019P–2025F
Companies Covered:
Yoghurt and Sour Milk Products –
Yakult Honsha Co Ltd
Cisarua Mountain Dairy PT
Asahi Group Holdings Ltd
Royal FrieslandCampina NV
Salim Group
Yummy Food Utama PT
Diamond Cold Storage PT
Heavenly Nutrition Indonesia PT
Key Topics Covered in the Report: -
Executive Summary – Indonesia Yoghurt and Sour Milk Products Market
Need, Opportunity and Industry Size of Yoghurt and Sour Milk Products Market
Demand & Supply Side Ecosystem, Preferences & Trends across End Users Market
Yoghurt and Sour Milk Products Market Segment by Product Type, 2013-2019P
Ecosystem for Yoghurt and Sour Milk Products Industry in Indonesia
Value Chain Analysis
Indonesia Drinking Milk Products Market
Indonesia Condensed Milk Market
Indonesia Yoghurt and Sour Milk Products Market
Indonesia Ice-Cream and Frozen Desserts Market
Indonesia Cream Market
Indonesia Butter and Spreads Market
Indonesia Coffee Whiteners Market
Trade Scenario in Indonesia Yoghurt and Sour Milk Products Market, 2014-2018
Comparative Landscape in Indonesia Yoghurt and Sour Milk Products Market
Regulatory Landscape in Indonesia Yoghurt and Sour Milk Products Market
SWOT Analysis
Indonesia Yoghurt and Sour Milk Products Market Future Outlook and Projections, 2019P-2025F
Appendix / Research Methodology
For More Information on the research report, refer to below link: -
Related Reports by Ken Research: -
Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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