The ice cream market in Indonesia was estimated at USD 1,334 million in 2023 and is expected to hit USD 1,991 million by 2029, registering a CAGR of 6.9% from 2024 to 2029 as per the latest market estimates. Rising per capita income has led to higher consumer expenditure on non-essential products like ice cream. Stable economic conditions promote discretionary spending. Additionally, ice cream brands have substantially increased product visibility and consumer engagement through strategic marketing and promotional activities. Leading brands allocate significant budgets to marketing campaigns, incorporating digital marketing, influencer partnerships, and community involvement initiatives, effectively targeting younger demographics.
This report provides a thorough assessment of the Indonesia ice cream industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like type, product type, ingredient, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the ice cream industry.
Market Segmentation
The ice cream market in Indonesia is categorized into the following segments:
Type: dairy ice cream, water ice cream, others (plant based ice cream)
Product type: impulse ice creams, take home ice creams, frozen yogurt, others
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, others
The Indonesia ice cream market is segmented on the basis of type, product type, ingredient, and distribution channel. By type, the ice cream market in Indonesia has been segmented into dairy ice cream, water ice cream, and others (plant based ice cream). Based upon product type, the ice cream market in Indonesia is categorized into impulse ice creams, take home ice creams, frozen yogurt, and others. On the basis of ingredient, the ice cream market in Indonesia has been segmented into fats and oils, milk, sweeteners, and others. By distribution channel, the ice cream market in Indonesia has been segmented into foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others.
Competitive Landscape
The Indonesia ice cream market is highly competitive. As of 2023, the major players in the Indonesia ice cream market were Unilever PLC, PT Indofood Sukses Makmur Tbk, PT Indo Van Houten (Miami Ice Cream), PT Glico Indonesia, PT Diamond Cold Storage, PT Campina Ice Cream Industry Tbk., Inner Mongolia Yili Industrial Group Co. Ltd., Aice Group Holdings Pte Ltd.
This report provides a comprehensive analysis of the key players in the Indonesia ice cream market, along with their performance from 2019 to 2023. By utilizing this data, businesses can gain a deeper understanding of market dynamics, including shifts in market share, the identification of leading players, and the rise of emerging companies. This information equips firms with a strategic advantage in a competitive landscape, enabling them to refine their market strategies and make informed, long-term decisions.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Indonesia ice cream market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Indonesia ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Indonesia ice cream market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewIndonesia ice cream market – type analysis
Indonesia ice cream market – product type analysis
Indonesia ice cream market – ingredient analysis
Indonesia ice cream market – distribution channel analysis
Key players and market share
– Unilever PLC
– PT Indofood Sukses Makmur Tbk
– PT Indo Van Houten (Miami Ice Cream)
– PT Glico Indonesia
– PT Diamond Cold Storage
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Indonesia ice cream market 2019-2029
Chart Indonesia ice cream market, net growth, 2019-2029
Chart Indonesia ice cream market, growth rates, 2019-2029
Table Indonesia ice cream market by type, 2019-2029
Chart Indonesia ice cream market by type, CAGR historic and forecast, 2019-2029
Chart Indonesia ice cream market by type, 2019-2029
Table Indonesia ice cream market by product type, 2019-2029
Chart Indonesia ice cream market by product type, CAGR historic and forecast, 2019-2029
Chart Indonesia ice cream market by product type, 2019-2029
Table Indonesia ice cream market by ingredient, 2019-2029
Chart Indonesia ice cream market by ingredient, CAGR historic and forecast, 2019-2029
Chart Indonesia ice cream market by ingredient, 2019-2029
Table Indonesia ice cream market by distribution channel, 2019-2029
Chart Indonesia ice cream market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Indonesia ice cream market by distribution channel, 2019-2029
Table Indonesia ice cream market share (%), by companies, 2019-2023
Chart Indonesia ice cream market, by companies, 2023
Table Indonesia ice cream market share (%), by brands, 2019-2023
Chart Indonesia ice cream market, by brands, 2023
Table Indonesia – population (millions) and forecast
Table Indonesia – consumer price index (CPI) and forecast
Table Indonesia – gross domestic product and forecast
Table Indonesia ice cream market: spend as a proportion of GDP (%)
Table Indonesia ice cream market: consumption per capita (population)