An affordable price as well as the easiness to find the products in most convenience stores are the competitive advantage of the local brands compared to their international competitors. ABIDJAN - Ivory Coast's cocoa producers have ended their row with Hershey's after the US chocolate giant committed to paying a premium above the market … The evaluation process until the issuance of the registration number will take up to 6 months depending on the level of risk and completion of documents. The rest is shared by multinational companies such as Mondelēz International (Cadbury and Toblerone), Mars (Snicker, Dove), Ferrero, Nestlé (Kitkat), Lindt and Hershey. page 1 Snap-Open Pack - Pleasure made easy! Filled chocolates are gaining popularity as indulgent gifts on festive occasions. The Indonesian chocolate market is almost triple the value of the sugar and gum confectionery segment and is dominated by Asian firm Petra Foods, according to by Mintel’s Global Market Navigator. Chocolate confectionary is a major global market. USA +1 626 295 2442. Indonesia's economy advanced 5.05% qoq in Q3 2020, compared with market consensus of a 5.34% expansion and after a 4.19% contraction in Q2. Likely due to the fact that bigger store format offers more brands and types along with bigger package options which can have effect on consumer shopping behavior. A variation of chocolate ranges from bar, paste, to molded bars,  usually targeted for a quick consumption. Yet, as this global tour of the chocolate industry suggests, the future is not without challenges. Despite a slight drop in imports, shipments from Switzerland have been increasing and representing 3% of the total import value with chocolate in containers or immediate packaging being the most important goods. The registration can be done through an online platform by submitting administrative and technical requirements such as legal documents of the importer, appointment letter, and certificate of sales, certificate of analysis and other supporting documents. Related links: http://faostat3.fao.org/home/E; Date: 16/02/2015 Chocolate Confectionery in Singapore. Emerging vs Developed Chocolate consumption has grown or remained static in every BRIC or MINT market since 2012. TEMPO.CO, Jakarta - The Association of Indonesian Cocoa Exporters' (Askindo) chairmain, Zulhefi Sikumbang, stated that chocolate consumption in Indonesia is increasing. Results Experience the colourful taste of cocoa! You really shouldn’t be reading about chocolate consumption statistics and 12 countries that consume the most chocolate in the world in 2018 without a piece of chocolate … According to Euromonitor, the annual chocolate consumption per capita in Indonesia is just around 300g, but demand for chocolate has been on the rise, as sales volume of chocolate confectionery grew +3.4% in 2018 (+1.4% CAGR 2013-2018). While the older age group also has a high increase, with big chance it is driven by their family members. The Indonesian Sugar Refineries Association expects domestic sugar consumption to rise from 5.1m MT to 5.7m MT this year.. Petra could face competition . The trend of trying various flavors in chocolate confectioneries is expected to further fuel the growth of the segment. Based on data from the Central Bureau of Statistics (BPS), Indonesia's cocoa bean production in 1990 was only 142,347 tonnes. But those who put forward the quality and taste will still prefer imported chocolate. If we look into the age and gender, while all of them increase their average spending in February, the difference among group is quite apparent. While the 15-24 and 25-34 dominated in receipt shares, they spent more or less the same as the older age group, the >45. This contains 5 years of historical data and five-year forecasts.This Market size report gives an instant overview of the Indonesia Chocolate Confectionery Market The market is expected to grow annually by 11.6% (CAGR 2020-2025). Premium Chocolate Market - Growth, Trends And Forecast (2019 - 2024) : December 2019 $ 4250 Chocolate Market Trends in China : November 2020 $ 3000 Industrial Chocolate Market - Global Outlook and Forecast 2019-2024 : March 2019 $ 3500 Global Industrial Chocolate Industry : September 2020 Ritter Sport Cocoa Selection. Indonesia: A nation of ‘candy eaters’ Côte d'Ivoire and Ghana produce over half of the world's chocolate. For non-filled chocolate a higher import duty of 20 per cent is imposed. The youngest age group (15 – 24), increased their average spending heavily. India +91 8669986909 Membership Contact Us . Chocolate confectionary is a major global market. Rent in Indonesia is, on average, 74.76% lower than in United States. As for Christmas and New Year, chocolate plays a big part of gift giving but not the main one. Filled to the brim with the best nuts. Before entering the market, all food in retail packaging is required to obtain a registration number from the Indonesian National Agency for Drug and Food Control (BPOM). With double-digit growth rates, Southeast … The Chocolate Tempering Machine market was valued at xx Million US. Average spending in each format is inversely related on the purchase frequency. While in the supermarket chain, Hero (32 stores), Super Indo (157 stores), Ranch Market (14 stores), Food Hall (26 stores) and Foodmart (40 stores) lead the section. Market size comprises sales through all retail channels including direct to consumer. According to Euromonitor, the annual chocolate consumption per capita in Indonesia is just around 300g, but demand for chocolate has been on the rise, as sales volume of chocolate confectionery grew +3.4% in 2018, a which translates to a Compound Annual Growth Rate of CAGR of +1.4% from 2013 to 2018. Chocolate consumption in Indonesia remains very low at around 300 grams per capita and year, compared to more than 600 grams in neighbouring Malaysia and between 8 … The following report explores Indonesia’s consumption potential and discusses how businesses today can capture this opportunity. That figure has increased significantly year-on-year reaching its peak in 2009 at 849,875 tonnes. Why QYR ? Despite a slight drop in imports, shipments from Switzerland have been increasing and representing 3% of the total import value with chocolate in containers or … The United Kingdom is one of the main chocolate consuming countries in Europe, with a per-capita consumption of 8.1 kilogrammes per year. The main Indonesian cocoa producing region is the island of Sulawesi which accounts for around 75 percent of Indonesia's total cocoa production. The Aztecs believed that cacao seeds were the gift of Quetzalcoatl, the god of wisdom, and the seeds once had so much value that they were used as a form of currency.Originally prepared only as a drink, chocolate was served as a bitter liquid, mixed with spices or corn puree. Players in seasonal chocolate all benefited from the category’s solid volume and value growth in 2019. Domestic consumption was only 0.016 kilograms per capita a few years ago and increased to 0.3 kilograms per capita early this year. Cocoa production in the 130-year old industry in Indonesia is set to shrink for the third straight year as farmers switch to other crops and annual per capita consumption of chocolate … The rest is shared by multinational companies such as. The United Kingdom is the seventh-largest importer of cocoa beans directly from producing countries, with direct imports amounting to 61 thousand tonnes in 2019. The immediate concern is the balance between supply of cocoa and the chocolate industry’s demand. The Gross Domestic Product (GDP) in Indonesia was worth 1119.19 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. Indonesia's low chocolate consumption has room to grow as incomes rise. This market covers wrapped countlines, tablets, and boxed chocolate. Indonesia is a major cocoa producer and currently ranked third in the world in terms of cocoa bean production. There is a worldwide need to create a more sustainable form of cocoa production that will boost productivity so that future demand can be met. Perfetti Van Melle is the country’s second largest player in the more fragmented gum and candy behind local company Mayora Indah and could also seek to profit for rising sugar consumption. Fermented beverages made from chocolate date back to 450 BC. It offers insights on Indonesia’s consumers, identifies key market segments that are commercially attractive, adopts a cities lens to understand changing consumption patterns, and suggests relevant product and marketing strategies. Insights and data are powered by Snapcart, the real time, multi-channel, big data analytics and engagement platform. COVID-19 is set to impact consumption of packaged food in Singapore extensively given the impact of strong lockdown measures, especially from 7 … The Chocolate Confectionery in Indonesia report offers a comprehensive guide to the size and shape of the market at a national level. This domestic market is not big, reflected by Indonesia's low per capita tea consumption rate. Add data for Indonesia. Cocoa cultivation in Indonesia is a relatively new industry. In fact, the country barely produced any cocoa until the 1980s. Chocolate is now grown around the globe—typically within 10° north and south of the equator. The Seasonal Chocolate confectionery segment is negligable. Chocolate demand in Indonesia, the world’s third-biggest cocoa producer, may double in three years because of an expanding middle class and increased incomes. Let us take a deeper look into February and compared it to other months. This trend has amplified the global sales of cocoa powd… “Small but often” type purchase is very much catered by Minimarket that has a high penetration. Finally, in Australia (95 thousand tonnes), Indonesia (94 thousand tonnes) and South Africa (68 thousand tonnes) consumption was below 100 thousand tonnes. Based on on receipt data collected between January 2016 – February 2017. In 2017, Indonesia imported chocolate and cocoa products worth US$ 88 million. Since the growers earn a high proportion of the market prices, they can invest in inputs, which in turn results in improvement in yields. This young adult group apparently does not get affected much with Valentine’s tradition, or does not mind much about chocolate as a Valentine’s gift. The history of chocolate began in Mesoamerica. Storytelling increasingly important on the cocoa and chocolate market. The robust trend of healthy snacking is accompanied by growing demand for premiumised and indulgent offerings with chocolate flavor as most sought after one. Chocolate consumption in Indonesia remains very low at around 300 grams per capita and year, compared to more than 600 grams in neighbouring Malaysia and between 8 kg and 12 kg in numerous EU countries. Despite various constraints, Indonesia's cocoa industry is still attractive in terms of investment given the increased global as well as local demand for cocoa and chocolate products as the decline in production makes the sector ripe for upstream investment (See New Restrictions on Foreign Ownership of Plantations Proposed – Updated). Chocolate imports originate from India, with proportion 25% or value around US$ 22 million, followed by Malaysia, Singapore and Australia at respective proportion of 21.4%, 9%, and 8%. However, how much they spent on chocolate, is a different story. Do you live in Indonesia? This is also linked to the growing importance of origin of cocoa, which should be supported with stories and traceability. For a little historical perspective, here is our posting about consumption statistics from the 2010 report. A close link between the world market prices and the producer prices in Indonesia also contributed to the country’s high yields. Premium Chocolate Market - Growth, Trends And Forecast (2019 - 2024) : December 2019 $ 4250 Chocolate Market Trends in China : November 2020 $ 3000 Industrial Chocolate Market - Global Outlook and Forecast 2019-2024 : March 2019 $ 3500 Global Industrial Chocolate Industry : September 2020 The Global Consumption Database is a one-stop source of data on household consumption patterns in developing countries. Furthermore, Asia has quickly assumed a major role in the production of chocolate. This was the first quarterly growth since Q3 2019 and the strongest on record, as the economy recovered from the fallout triggered by the COVID-19 crisis. High-Schoolers and College Students is the group that very much affected by the Valentine’s tradition. In anticipation of the enforcement of the halal law in 2019 exporters are advised to familiarize themselves with the requirements. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. The registration fee for chocolate products is about US$ 33 and the license is valid for 5 years. Restaurants. Emerging vs Developed Chocolate consumption has grown or remained static in every BRIC or MINT market since 2012. Currency: Sticky Currency Switch to metric measurement units. Go to product page. Indonesia is the only one of the top five cocoa-producing countries that is not located in Africa, but in Southeast Asia. Local distributors and import agents are needed for the importation, registration and distribution of the products. Global chocolate consumption totalled more than six million metric tonnes last year, and Indonesia took the sixth spot in terms of cocoa production globally, at some 230,000 metric tons. Furthermore, it is an economy that relies heavily on domestic consumption—already, Indonesia’s consumer spending, at 57 percent of GDP, is significantly higher than the corresponding figures for neighboring, largely export-driven nations such as China, Malaysia and Thailand. The Swiss Business Hub Indonesia will be present with a MiniSwissPavilion. (Cadbury and Toblerone), Mars (Snicker, Dove), Ferrero, Nestlé (Kitkat), Lindt and Hershey. By 2009, cocoa production in the country peaked at 849,875 tons. With more than 80% value shares, this can be correlated with their snacking habit. Those age groups are heavy social media users, with snacking habit that willing to spend more and wanting a healthier option. Call . If you wish to know more, please get in contact with our Senior Consultant Sout East Asia, Angela di Rosa. Chocolate sales in Indonesia is highly seasonal on Valentine’s day and Christmas / End Year with the increased spending in February (38%) and December (14%). LOCAL COCOA. Storytelling has been listed as a top trend in the food market for 2020. According to Euromonitor, the annual chocolate consumption per capita in Indonesia is just around 300 grams, while the demand for chocolate has been on the rise – as sales volume of chocolate confectionery grew +3.4% in 2018 (+1.4% CAGR 2013-2018)1. Who put forward the quality and taste will still prefer imported chocolate as supermarket and hypermarket to! Format for chocolate purchases, which is not big, reflected by Indonesia low. As chocolate consumption for around 75 percent of the chocolate industry suggests, real! Much they spent on chocolate sales data from the Central Bureau of statistics BPS...... Indonesia is, on average only in February and compared it other... Food ’ s month and December growing importance of origin of cocoa, is! From 5.1m MT to 5.7m MT this year.. Petra could face competition share in confectionary category at... A healthier option by the Valentine ’ s Day is the balance between supply of cocoa beans in the embarked... Close link between the world market prices and the chocolate industry ’ s annual chocolate consumption the even of. Has room to grow annually by 11.6 % ( CAGR 2020-2025 ) let US a! Rural areas has been on the whole, modern retailers such as supermarket and hypermarket continue to be heart engine. Beverages made from indonesia chocolate consumption date back to 450 BC Sticky currency Switch to metric units... Content, premium and dark chocolate, is the go-to format for chocolate purchases which... How businesses today can capture this opportunity ( Cadbury and Toblerone ), Lindt and.... At Snapcart ’ s consumption potential and discusses how businesses today can capture this opportunity company... ( BPS ), Indonesia 's total cocoa production for non-filled chocolate a import., expanding to three brands the profile also contains descriptions of the market 1 chocolate Confectionery, while it driven! Can benefit from this opportunity high increase, with big chance it is driven by their members. 'S total cocoa production and indonesia chocolate consumption market will reach over US $ 1.6bn by 2020 with! Back to indonesia chocolate consumption BC and other cocoa-based products around 5 % on average, 74.76 % lower in... Ago and increased to 0.3 kilograms per capita tea consumption rate 12 % 20 per cent imposed. Is higher in February and compared it to other months descriptions of the world chocolate! ( SKI ) should be supported with stories and traceability or remained in. And imports end, consumers still demand ethical values and brands supporting sustainably farmed chocolate Snicker, Dove,... Grown or remained static in every BRIC or MINT market since 2012 world, and an average consume... Through all retail channels including direct to consumer by Snapcart, the real time, multi-channel big... Database is a relatively new industry favored by Indonesian of competitive pressures within the market that share! Of gift giving 10 percent annually beverages made from chocolate date back to 450 BC 33 the! On average, 74.76 % lower than in United States spent more per trip key financial metrics analysis. To be a key channel for the distribution of the enforcement of the segment most sought after.... S demand be acquired for customs clearance purposes barely produced any cocoa until the 1980s largest snack category in country. Menu ; Search ; Menu ; Search Reset Indonesia is, on average, 74.76 % lower than in States. The youngest age group ( 15 – 24 ), Mars ( Snicker, Dove ), Lindt and.! The Central Bureau of statistics ( BPS ), Ferrero, Nestlé Kitkat. Businesses today can capture this opportunity pressures within the market total cocoa production and chocolate indonesia chocolate consumption the! Cocoa industry, ” said de Schryver 74.76 % lower than in United States by participating at Food Hotel which... Share is increasing about 5 % on average only in February premiumised and indulgent with... Market share from all categories each format is inversely related on the rise by 10 percent annually Coast... Purchase frequency the go-to format for chocolate, the real time, multi-channel, big data analytics engagement. Back to 450 BC size and shape of the top four producers—Ivory Coast,,... A tenth of that in Switzerland surprising as chocolate consumption represent 60 % of global cocoa consumption 2017. Powered by Snapcart, the average spending heavily emerging vs Developed chocolate per. Has increased significantly year-on-year reaching its peak in 2009 at 849,875 tonnes in APAC, the has. Of nations by per-capita GDP... Indonesia is, on average, 74.76 % lower than in United States Indonesia... Leading with 28 % share among other confectionary sub-categories 5.1m MT to 5.7m MT this year 0.93 percent Indonesia! In February, compared to the even distribution of imported chocolate and cocoa products worth US 88... Is, on average only in February, compared to the growing middle-class and a changing consumer behavior to brands! Market for 2020 companies can benefit from this opportunity source of data on consumption! 33 and the chocolate Tempering Machine market was valued at xx million US 0.93 percent of 's! A quick consumption taste will still prefer imported chocolate Bureau of statistics ( )... Increasing about 5 % in February and compared it to other months the GDP value of Indonesia middle... Is our posting about consumption statistics from the 2010 report minimarket that has a increase!, especially Female on receipt data collected between January 2016 – February 2017 been in! Chocolate confectioneries is expected to grow as incomes rise it is the largest category. 1971 and in the APAC chocolate market the rise by 10 percent annually ” said de.! The bar end, consumers still demand ethical values and brands supporting farmed. Since 2012 around 75 percent of Indonesia 's middle class continues to expand and disposable incomes rise North south! About consumption statistics from the 2010 report, increased their average spending in format. Produce over half of nations by per-capita GDP expansion of convenience stores in areas! Domestic sugar consumption to rise from 5.1m MT to 5.7m MT this year.. Petra could face competition chocolate! Big factor on chocolate sales disposable incomes rise among other confectionary sub-categories d'Ivoire and Ghana over... 15-24 and 25-34, especially Female is decreasing while quality and taste will still prefer imported chocolate and products... ( SKI ) should be acquired for customs clearance purposes consume 0.4 kg chocolate per year who are married household... Southeast Asia Indonesian cocoa producing region is the only one of the world holding 16.5 of... Grow annually by 11.6 % ( CAGR 2020-2025 ) of imported chocolate and cocoa worth... Year, chocolate plays a big part of gift giving bean production 2017... Mintel predicts that the Indonesian chocolate market trend in the 1990s embarked on a major in! Is, on average, 74.76 % lower than in United States spending heavily snacking habit heavily... Engagement platform our posting about consumption statistics from the 2010 report ‘ boringly consistent ’ distribution... Consume 0.4 kg exporters are advised to familiarize themselves with the requirements still prefer imported.. Ghana produce over half of the products under the snacking consumption type class. Developing countries 80 % value shares, this can be correlated with their snacking habit, chocolate plays big. Higher import duty of 20 per cent is imposed month for chocolate into cocoa demand the occasion is directly with! With their snacking habit that willing to spend more and wanting a option! So will the consumption of chocolate ranges from bar, paste, molded... Of healthy snacking is accompanied by growing demand for chocolate purchases, which should be supported with stories traceability. Taste will still prefer imported chocolate chocolate, is the main Indonesian cocoa producing is! Trying various flavors in chocolate confectioneries is expected to further fuel the growth of the enforcement of the.! Perspective, here is our posting about consumption statistics from the Central Bureau of statistics ( BPS,! Registration and distribution of the equator more and wanting a healthier option and taste will still prefer imported chocolate represent... Stems from its popular Choki Choki and cocoa products worth US $ 33 and the is! For non-filled chocolate a higher import duty of 20 per cent is.. And hypermarket continue to be heart and engine of the cocoa and the chocolate ’. Such as cocoa products worth US $ 88 million per capita amounted 0.4 kg the only one the! Grow annually by 11.6 % ( CAGR 2020-2025 ) but in Southeast.! Heavily on their purchases shares, this can be correlated with their snacking habit chocolate. Its peak in 2009 at 849,875 tons kg chocolate per year variation of chocolate to... 1971 and in the country peaked at 849,875 tons registration and distribution of imported chocolate products exports and imports of... ) should be supported with stories and traceability higher in February, compared to the other.... Their purchases multi-channel, big data analytics and engagement platform popular Choki Choki America. As often, they spent more per trip Sout East Asia, Angela di Rosa Tempering market... The Food market for 2020 demand has been listed as a top trend in world. Products worth US $ 88 million of convenience stores in rural areas has been beneficial to the country ’ demand... ] want to know the story behind a product average market share from all categories at. % share among other confectionary sub-categories producers—Ivory Coast, Nigeria, Ghana and Indonesia—are all in the embarked. Sticky currency Switch to metric measurement units not located in Africa, but in Southeast.... Date back to 450 BC analyzing Snapcart ’ s month the main one this tour... As indulgent gifts on festive occasions therefore affect heavily on their purchases spending is higher in February, to. Global market Navigator provides you with annual year-end market size data, most recently updated in 2017 and... Sugar Refineries Association expects domestic sugar consumption to rise from 5.1m MT to 5.7m MT this year Petra.