Frozen Food Market Outlook 2013-2024 (Demand Growth and Product Segmentation)

Frozen Food Market Outlook 2013-2024 (Demand Growth and Product Segmentation) was released in the second week of July 2021 featuring market trends, market growth data (market size/business size), market outlook, specific databases, and independent research. Presented in attractive tables, graphics, and data tabulations, the 37-page market outlook with a size of 3.6 MB is expected to become a reference for business growth for frozen food industry players and other relevant stakeholders.

This Frozen Food Market Outlook 2013-2024 (Demand Growth and Product Segmentation) is one of the 230 most comprehensive collections of specific databases produced by the Duniaindustri.com team, with a fairly broad coverage from general to specific descriptions so as to describe comprehensive industry dynamics. This data research begins by displaying the highlights of the Indonesian economy, which was affected by the Covid-19 pandemic, thus disrupting industrial activities in general. The challenge of the economic slowdown in 2020 is of particular concern to industry players, including the frozen food sector. (page 2 to page 4)

Then followed by the world megatrend towards 2045 and world demography on page 5, highlights of Indonesia's demographics for the period 2010 to 2045 on page 6. Followed by the ratio of the population in Indonesia by region for the period 2010 and 2045 on page 7. And, Indonesia's economic growth scenario with two scenarios (basic scenario or baseline and high scenario) period 2016-2045 on page 8 to page 10.

Turning to the focus of the discussion, on page 11 the focus of research on specific frozen food data is shown with 6 main aspects accompanied by the methodology. Then, on pages 12 to 13, an executive summary of this data research is presented, presenting the growth trend of the processed food and beverage industry in Indonesia for the period 2013-2024, compared to the growth trend of upper middle class consumers in this country. The growth of the processed food and beverage industry became the main framework, which was continued with a focus on frozen food growth in the same period. One summary that is interesting to observe is the growth cycle (up and down curve) of the market size of the processed food and beverage industry in general and frozen food in particular.

On pages 14 to 16, the Duniaindustri.com team makes a comparison of the growth in the size of the processed food and beverage industry for the period 2013-2024, compared to the growth trend of upper middle class consumers and the total population in this country. The comparison of market size values aims to show the trend of the percentage growth of the three elements above in the 2013-2024 period.

Continuing on the next discussion, on page 17 to page 20 the segmentation of 6 main categories (top 6 categories) in the processed food and beverage industry in Indonesia, 2013-2024 period is displayed. This data clearly shows the growth of the frozen food segment, which is ranked sixth in the top 6 segments of the processed food and beverage industry in Indonesia. This is the basis for further data research, namely the comparison of the size of the frozen food business with the number of upper middle class consumers in Indonesia.

In addition to displaying the comparison of the size of frozen food business data with the number of upper middle class consumers, on pages 20 to 23 it also displays the average spending (spending) of upper middle class consumers on frozen food in Indonesia. Positive prospects occur in the period 2013 to 2022, but industry players must pay close attention to trends in 2023 and 2024.

On page 24, a line table graphic shows the trend in the percentage growth of frozen food business size in Indonesia for the period 2013-2024. With this table, the growth trend of size business can be clearly seen during periods of highest growth and cycles of market slowdown. This is reinforced by the market analysis on page 25 and page 26, which highlights the growth trend of frozen food associated with a number of driving factors and aggravating factors that need to be observed.

Turning to the next discussion, on page 25, the top 6 frozen food categories are shown (including nuggets and their variations, sausages, meatballs, chicken wings, frozen donuts and buns, as well as other segments) for the 2017 to 2024 forecast period.

In the closing discussion, on pages 31 to 37, the distribution channel shift trend is described following the current changes in consumer behavior. The distribution channels described are online market, traditional market, modern market, SME, and business to business (b to b).

Frozen Food Market Outlook 2013-2024 (Demand Growth and Product Segmentation) as many as 37 pdf pages and measuring 3.58 MB, this comes from exclusive research from duniaindustri.com, supported by supporting data from BPS, IMF and World Bank, and frozen food market leaders. in Indonesia. Industry data index is the latest feature in duniaindustri.com which displays hundreds of selected data according to user needs. As of July 2021, there are 230 research specific data from 22 industrial sectors. All data is presented in pdf format so that it is easy to download after users carry out the process according to the procedure, namely click buy (purchase), click checkout, and fill out the form. Duniaindustri.com prioritizes the validity and validity of the data sources presented. Thank you for your trust in Duniaindustri.com.(*)

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