Pro
Food & Beverage
Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 38.9671141345795 USD Million |
| 2019 | 38.5579945020992 USD Million |
| 2020 | 33.3050444808764 USD Million |
| 2021 | 34.9760039254749 USD Million |
| 2022 | 34.801155640129 USD Million |
| 2023 | 36.9794350307631 USD Million |
| 2024 | 37.9540029972126 USD Million |
| 2025 | 39.4961423472576 USD Million |
| 2026 | 41.3222852361712 USD Million |
| 2027 | 43.0121790428202 USD Million |
| 2028 | 45.0276153944351 USD Million |
| 2029 | 47.214301728242 USD Million |
| 2030 | 49.1722977370786 USD Million |
| 2031 | 51.7726342500145 USD Million |
| 2032 | 54.2993104921221 USD Million |
Data Source: Wantstats Repository
Market Dynamics
Indonesia is one of the emerging economies which is forecasted to create great opportunities for the alcohol beverage industry in the upcoming years. There has been a steady rise in consumer demand for alcoholic beverages, particularly beer, over the years, in the country. The market for alcoholic beverages in Indonesia is estimated to be worth around $2.7 billion in 2018, and is expected to reach a value of $3.1 billion by 2023, with a CAGR of 2.63% over the forecast period (2018-2032). The key drivers of this growth are the increasing availability of innovative products, increasing disposable income, and changing consumer lifestyle and preferences. The beer segment is the largest contributor to the Indonesian alcohol beverage market, accounting for a share of 64.5% in 2018. The conventional premium lager segment commanded the largest market share, while the flavored drinks segment is expected to witness the highest growth during the forecast period. The growth of the alcohol beverage market has been driven by increased disposable income and increased product availability in supermarkets and convenience stores. The rising popularity of imported alcoholic beverages among young adults is also said to be a key factor driving the growth.
Furthermore, there has been a shift in consumer behaviour, with consumers increasingly indulging in night-time partying activities, leading to greater sales of premium alcohol beverages at higher prices. This trend has been particularly visible with the rise of microbreweries in recent years. The outlook for the Indonesian alcohol beverage market is positive and expected to grow steadily in the upcoming years. Factors such as increased consumption of premium alcoholic drinks, changing consumer preferences, rising disposable incomes, and increased product availability, are anticipated to drive greater growth in the industry. In addition, government initiatives such as taxation reforms are expected to further fuel growth. Companies, particularly domestic ones, are expected to leverage these opportunities to expand their market share and profitability.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.