Indonesia Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027

Indonesia Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027
Summary

“Indonesia Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027” published by GlobalData provides extensive insight and analysis of the Indonesian Foodservice market over the next five years (2022-27) and acts as a vital point of reference for operators or suppliers.

The foodservice profit sector generated revenue of IDR543.8 trillion ($36.6 billion) in 2022, having declined at a negative CAGR of 2.9% during 2017-22. The decline was primarily due to the pandemic-related operational restrictions on restaurants, which severely impacted the sector during 2020 and 2021.

Chain operators fared better than independent operators during the pandemic, owing to their greater financial stability and quick adaptation to changing consumer demands. Moreover, many operators were able to diversify their product offerings by focusing on deliveries to survive amid the health crisis.

The report includes -

• Overview of the Indonesia's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the Indonesian foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution.
• Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, and coffee & tea shop) within the Indonesian foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
• Customer segmentation: Identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the Indonesian population.
• Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.

• In 2022, Indonesia recorded nominal GDP per capita growth of 15.6% annually. Consumer price inflation (CPI) stood at 4.3% in 2022, reflecting an increase in the prices of housing and household utilities. FSR was the largest foodservice profit sector channel in 2022, with a value share of 65.2%. QSR was the second-largest channel in the Indonesian foodservice profit sector in 2022, with a share of 10.7%. It registered a CAGR of 2.2% during 2017-22. During 2017-22, the leisure and workplace channels registered the sharpest declines, with their value sales falling at negative CAGRs of 12.3% and 9.8% respectively. Although local food remained popular, experience-seeking consumers increasingly opted for different cuisines, such as American and Italian. Independent outlets dominated the profit sector owing to their prominence in FSR, the largest channel.

• Specific forecasts of the foodservice market over the next five years (2022-27) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
• Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, and coffee & tea shop) will allow readers understand the wants and needs of their target demographics.