Healthy Food Business Opportunities in the Yoghurt & Sour Milk Product Segment amid COVID-19 Spread: Ken Research

Panic Buying has left Grocers with Empty Trolleys in the market thus, increasing the burden for the Yogurt producer to fill the gap during COVID-19.

• • • Considering an industrial point of view, the work from the home policy has changed the pattern of increased public spending online.
    • Expected increase in the sales of drinks with various health benefits and stamina such as juices, sour milk, and drinking yoghurt. The drinking yoghurt segment is anticipated to grow at double-digit revenue CAGR of 13.8%; followed by the plain yoghurt the segment at 13.7% and flavored yoghurt segment at 4.9% during the forecast period 2019-2025 in Indonesia.

 Drinking Yoghurt to Maintain Immunity during COVID-19 Pandemic in Indonesia: During the pandemic situation, people are expected to carry out clean as well as healthy behavior by keeping the body stamina strong. Various methods are being used in order to maintain strong stamina, ranging from regular exercises/workouts, sunbathing & increasing consumption of diverse and nutritious foods such as yoghurt and sour milk. As a result, manufacturers have shifted their focus on product innovation to launch new flavored yoghurt drinks that turn out to be beneficial for health and them invited the public to consume a Probiotic yoghurt drink.

Amid COVID-19, Probiotic yogurt is also health-friendly drink for sufferers of typhoid, diabetes, and hypercholesteromia because several types of Probiotic bacteria are proven to have these functional properties. The particular healthy alternative is increasingly being adopted by people during work from home (WFH). Research shows that if a consumer drinks 100 milliliters of Probiotic yoghurt a day, its health benefits could include an increase in immunity, blood pressure stability, reduce diarrhea and suppress bad bacteria in the digestive tract.

Growth in Dairy Derivatives over Long Term Supported by Population Growth and Consumer Shift towards Modern Retail Channels: In accordance with the JAKPAT mobile survey Indonesia 2019, 21% of people consume liquid yoghurt 2-3 times in a month and 20% of the people consume spoonable yoghurt 2-3 times in a week thus, proving the immense potential of the yoghurt segment in Indonesia. Along with rising internet penetration in the country, yoghurt, and sour milk manufacturers have been adopting to sell their products on several online portals. In order to further diversify the demand, international standard players over the long term are planning to improve production and distribution standards by respective investment and tie-ups in transport and cold chain infrastructure within Indonesia.

The report titled “Indonesia Dairy Food Market Outlook to 2025 – Rise in Demand and Use of New Distribution Channels to Drive Market” by Ken Research suggested that Indonesia Dairy Food Market is further expected to grow in future majorly due to changing Urban Lifestyle of Indonesia and alteration in the preferences of the purchasing platform. Indonesia dairy food the market is expected to register a positive six-year CAGR of 6.1% and 3.7% in terms of revenue and sales volume respectively during the forecast period 2019P-2025F.

Key Segments Covered: –

Product Type

Yoghurt and Sour Milk Products

Yoghurt

Drinking Yoghurt

Plain Yoghurt

Flavoured Yoghurt

Sour Milk

Distribution Channel

Hypermarkets

Supermarkets

Independent Small Grocers

Convenience stores

Other grocery retailers

Non store retailing

Health and beauty specialist retailers

Key Target Audience

Dairy food manufacturers

Milk Processors

Dairy Association

Milk Importers, Distributors and Manufacturers

Yoghurt Manufacturers

Sour Milk Manufacturers

Time Period Captured in the Report:

Historical Period: 2013-2019P

Forecast Period: 2019P–2025F

Companies Covered:

Yoghurt and Sour Milk Products –

Yakult Honsha Co Ltd

Cisarua Mountain Dairy PT

Asahi Group Holdings Ltd

Royal FrieslandCampina NV

Salim Group

Yummy Food Utama PT

Diamond Cold Storage PT

Heavenly Nutrition Indonesia PT

Key Topics Covered in the Report: –

Executive Summary – Indonesia Yoghurt and Sour Milk Products Market

Need, Opportunity and Industry Size of Yoghurt and Sour Milk Products Market

Demand & Supply Side Ecosystem, Preferences & Trends across End Users Market

Yoghurt and Sour Milk Products Market Segment by Product Type, 2013-2019P

Ecosystem for Yoghurt and Sour Milk Products Industry in Indonesia

Value Chain Analysis

Indonesia Drinking Milk Products Market

Indonesia Condensed Milk Market

Indonesia Yoghurt and Sour Milk Products Market

Indonesia Ice-Cream and Frozen Desserts Market

Indonesia Cream Market

Indonesia Butter and Spreads Market

Indonesia Coffee Whiteners Market

Trade Scenario in Indonesia Yoghurt and Sour Milk Products Market, 2014-2018

Comparative Landscape in Indonesia Yoghurt and Sour Milk Products Market

Regulatory Landscape in Indonesia Yoghurt and Sour Milk Products Market

SWOT Analysis

Indonesia Yoghurt and Sour Milk Products Market Future Outlook and Projections, 2019P-2025F

Appendix / Research Methodology

For More Information on the research report, refer to below link: –

Indonesia Dairy Food Industry Growth

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Vietnam Nutraceutical Market Outlook to 2025 – By Dietary Supplements (Herbal Supplements, Vitamin and Minerals, Probiotics, Protein and Amino Acid Supplements, Omega 3 Fatty Acids, Others), By Functional Beverages (Energy Drinks, Plant based and Malt based Hot Drinks Hot Drinks, and Sports Drinks), By Functional Foods (Dairy, Baby Food, Breakfast Cereals, Confectionery, Hi-Fiber Biscuits, Snack Bars and Fruit Snacks)

UAE Nutritional Supplements Market Outlook to 2023 – by Vitamins & Dietary Supplements (Protein Supplements, Non-Herbal Dietary Supplements Composites, Fish Oils/Omega Fatty Acids, Glucosamine, Co-Enzyme Q 10, Herbal Dietary Supplements Composites, Yeast, Garlic, Ginko Biloba), Functional Foods (Dairy, Baby Food, Breakfast Cereals, Cooking Oil Confectionary, Sweet Biscuits, Snack Bars and Fruit Snacks) and Functional Beverages (Energy Drink, FF Concentrates, Sports Drink, and Bottled Water)

Saudi Arabia Nutraceuticals Market Outlook to 2023 – By Vitamins and Dietary Supplements, Functional Foods (Dairy, Baby Food, Breakfast Cereals, Edible Oil, and Confectionary) and Functional Beverages (Energy Drinks, Concentrates, Fruit/Vegetable Juices, and Sports Drinks)

Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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