Indonesia catering market Research Report : Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Indonesia catering market has surged owing to the growing number of international tourists, domestic air travelers, wedding ceremonies being held in the country, higher catering demand from industrial clients (hospitals, mining sites, manufacturing plants, oil & gas sites and educational institutes requiring catering services) and the positively inclining number of MICE/corporate/private events being hosted in various event-halls across the country. The market witnessed a robust CAGR of ~% during the review period (2012-2017) due to the combined effect of these factors. The market is currently placed in a medium growth stage with a strong possibility for further growth at a faster pace. Profitability associated with catering is highly correlated with multiple factors such as maintaining records of profit/loss statements during various individual events & its effective interpretation, cost reduction related to transportation of raw materials, minimization of wastage, sustaining & expanding client relationships, having multiple event halls with different capacities, quality of food being served, efficient & effective service provided amongst various others. The estimated profitability range for an event and pure-play caterers has been analyzed to be ~% in 2017. The highest profit margins per person have been charged in the hospitality catering sector by star-hotels. Hospitality sector constituting of hotels & wedding halls have contributed ~% to the total revenue generated through catering in 2017. The price charged per person is as high as IDR ~ per person in 5-star hotels for weddings and ~ per person for corporate events. On average, more than ~ weddings & more than ~ corporate events are being organized in 5-star hotels per month across Indonesia. The in-flight catering sector has acquired a ~% revenue share of the total Indonesia catering market in 2017. In-flight caterers have particularly been benefitted by the continuous growth in the tourism sector of the country. CAS Group (Food) and Aero food have dominated the in-flight catering market in terms of clientele. This sector accounts for the third-highest contribution with ~% revenue share in the overall market. There are about ~ industrial caterers present in the country. Market players offering catering services to educational institutions such as schools and universities in the country accounted for ~% to the overall revenue generated in 2017 With large brand name, exceptional venue and menu options provided, more number of event rooms, higher capacity in terms of space and equipment’s required to host multiple weddings and corporate events at the same time exceptional supplementary services extended and top-quality services given to wealthy end-user segments, 5-star hotels have dominated the revenue generated from hospitality catering services in 2017. These 5-star hotels collectively generated USD ~ million from their food and event catering services during the same year. The hotel also consists of more than 4 meeting rooms for organizing MICE events within the premises. Wedding/event halls held the second highest market share in the hospitality segment with ~% of the market owing to an increased number of marriages in the country Wedding halls do not consist of a grand ballroom; rather such entities have limited number of function rooms, ranging between ~ for hosting weddings and corporate events of up to ~ people. 4-star hotels, on the other hand, accounted for the third-largest share, adding USD ~ million to the market revenues in 2017 A 4-star hotel has a small size ballroom, which is generally divided into two rooms for hosting different events with an accommodation capacity of about ~ people. The average number of meeting and function rooms in 4-star hotel ranges from ~, where corporate events take place. 3-star hotels focus on hosting all types of events at very reasonable prices, which limits their revenues in comparison to other players operating in the space. Such entities contributed USD ~ million to the market revenues in 2017. Major airline companies in Indonesia consist of two food-related departments running in parallel. These are the airline’s catering department and F&B department. Catering division could be a pure service extended by the parent airline. However, from the business perspective, since catering is not really a core competency of the airline, caterers are able to supply to multiple airlines and leverage revenues from where ever possible. Two major parts of the catering division sub-sectors include Meal Design and Meal Planning. The entire catering procedure involves various processes and sub-processes starting from menu standardization of different flights. The airline company then provides quotations, provides the caterer with meal presentation requirements, set up their meal policy, run material requirement plan and estimate monthly consumption, generation of production schedule and then enters flight catering order. There are certain challenges faced by the in-flight caterers in Indonesia. The overall cost is comprised of ~% logistics cost, whereas ~% adds up to the cooking and catering expenses. This is due to the heavy cost of refrigeration, cooling, transporting and others. It is highly important to focus on maintenance of temperature so that the food remains in fresh conditions even after few hours. The caterers have to make sure that the food doesn’t contain too much fat content, which is difficult to digest by the passengers during the flight. Currently, PT Reska Multi Usaha caters to the food requirements in Indonesian Railways. This daughter company was established in 2003. It is a subsidy of PT Kereta Api Indonesia, working in various segments for the parent company. These include catering, restaurants, parking, cleaning service, and general trading. The company has been undergoing changes, modifications, and up-gradation since 67 years of its establishment. Every train usually has a catering car located in the central area of the train. The Company has ~ central kitchens in Bandung, Jogja and Manggarai Indonesia railway catering market size has been estimated to be approximately IDR ~ billion in 2017. Per Day: PT Reska Multi Usaha generates IDR ~ million daily through food catering in Indonesian in 2017. ~ Meals served per day in 6 regions through train catering. Jakarta & Surabaya comprise of ~% share of the total meals supplied in 2017. Event planning or event management consists of organizing large scale festivals, wedding ceremonies, private ceremonies, conferences, concerts and business conventions on behalf of end-users by directly dealing with major hotels, wedding halls and event halls. Different events have their own peculiar requirements hence, event planners deal with budgeting, scheduling, site selection, acquiring necessary permits, coordinating transportation and parking, arranging for speakers or entertainers, arranging decor, event security, catering, coordinating with third-party vendors, and making emergency plans differently for varied occasions. Meeting tight deadlines, fitting event finances in a tight budget, high client prospect and organizational stakes, temperamental clients, managing dependencies, language barriers, technological glitches and converting event plans on paper into a reality are the various issues faced by event planners in Indonesia. There has been an increase in the number of destination weddings in Indonesia by the end of 2017. The growing popularity of the serene beauty of the Indonesian landscape, low price in comparison to resident country and trend-popularity have been the major reasons for this growth. The venues for destination events are majorly located in remote areas such as small islands, cliffs, and other exotic places hence, this concept is usually popular for destination weddings in comparison to MICE events. Some of the very famous venues for destination weddings include Infinity Chapel, Conrad Bali, Prambanan Temple, Central Java, Pine Forest Camp, Bandung, Mirage Wedding Chapel Bali, Batavia Marina, Jakarta, The White Dove, Banyan Tree Ungasan Bali, and Jeeva Klui, Lombok. Approximately, a specialized hotel for destination wedding organizes around ~ weddings per month. Average attendance per wedding is less than ~ People On the other hand, the average price per person for destination weddings is more than IDR ~ per person. Remote islands near Bali form clusters for such types of weddings in Indonesia. For destination weddings, people mostly come from Australia and various European countries. People from the United Kingdom have come in huge numbers in 2017. The overall competition stage of the industry has been a mix of fragmented and concentrated scenarios depending on major sectors of the market. For instance, the hospitality sector and the market for pure-play caterers is highly fragmented whereas, in-flight & industrial catering sectors have been marked with highly concentrated competition scenarios. There were approximately ~ food catering entities operating in 2017 providing food catering services along with providing supplementary facilities such as flower decoration, parking facilities, seating arrangement, cutlery, and others. Few of the major players include Sasana Kriya, Hilton Garden Inn, Conrad Bali, The Royal Santrian, Hard Rock Hotel Bali, Holiday Inn Jakarta, Holiday Inn Express Jakarta Thamrin, PT Indocater, CAS Group, Aerofood, and others. The pre-requisite of heavy investment into setting up a full-fledged production facility and establishing a large distribution network has prevented stakeholders to scale their businesses over a certain geographic limit. This also proves to be a barrier to the entry of new players. Presence & expertise of major players, large geographical out-reach (especially to remote sites), diversity in menus, the larger capacity of event halls, well established & exclusive clientele has helped these major players to assemble higher revenue share in the market during the review period. In the short-run, the market has been anticipated to grow to USD ~ million by the end of 2020 registering a three-year robust CAGR of ~% from 2017 to 2020. In long run, it has been analyzed that the Indonesia catering market would register a steady five-year CAGR of ~% during 2017-2022 and hence attain a market size of USD ~ million by 2022 from USD ~ million in 2017. Indonesia would become a hub for hosting successful MICE and destination events in the coming future. Increase in the number of wedding/event halls, construction of new hotels with more number of ballrooms and meeting rooms, expected increase in the number of foreign tourists, rise in the number of healthcare centers with more number of in-patients and expanding industrial units demanding catering services would help facilitate the growth in the market size. A rising number of private and MICE events is expected to be the major reason behind the dominant share of the hospitality sector in the revenues of the overall catering market in Indonesia by 2022. The hospitality sector is expected to contribute ~% to the overall revenues generated by catering companies in Indonesia in 2022. For More Information on the research report, refer to below link: https://www.kenresearch.com/food-beverage-and-tobacco/food-services/indonesia-catering-market/143885-11.html Related Reports by Ken Research:- https://www.kenresearch.com/food-beverage-and-tobacco/food-services/thailand-catering-market/142999-11.html https://www.kenresearch.com/food-beverage-and-tobacco/food-services/saudi-arabia-catering-services-market/129370-11.html https://www.kenresearch.com/food-beverage-and-tobacco/food-services/qatar-catering-services-market/130092-11.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Support@kenresearch.com +91-9015378249 Tags: 3 Star Hotel Catering Indonesia, 4 Star Hotel Catering Indonesia, 5 Star Hotel Catering Indonesia, Catering Order book Indonesia, Destination Weddings Catering Indonesia, Educational Catering Indonesia, Event Catering Indonesia, Event Hall Catering Indonesia, Healthcare Catering Indonesia, Hospital Catering Indonesia, Indonesia Airline Catering Market, Indonesia Catering Business Profitability, Indonesia Catering Future Growth, Indonesia Catering Industry Entities, Indonesia Catering Industry Segmentation, Indonesia Catering Industry Size, Indonesia Catering Industry Stage, Indonesia Catering Market, Indonesia Catering Market by Sectors, Indonesia Catering Revenue Forecast, Indonesia Catering Sector Ecosystem, Indonesia Catering Sector Value Chain, Indonesia Catering Services Revenue, Indonesia Food Catering Market, Indonesia In Flight Catering, Indonesia In Flight Catering Market, Indonesia Industrial Catering Market, Indonesia Railway Catering, Mice Event Catering Indonesia, Oil & Gas Catering Indonesia, Wedding Catering Indonesia, Wedding Hall Event Catering Indonesia