DUBLIN--(BUSINESS WIRE)--Dublin - Research and Markets (http://www.researchandmarkets.com/research/9502b25e/economic_360_for_i) has announced the addition of Frost & Sullivan's new report "Economic 360 for Indonesia: Growth Prospects and Emerging Opportunties in the Food and Beverage Industry" to their offering.
Indonesia is considered an important market for many multinational food companies, as it has a large consumer base. The food and beverage industry has been identified as one of the key industries that needs to be developed, as Indonesia aims to become one of the world's largest food suppliers, as well as a processing centre for agriculture, fishery, and natural resources. The middle-class segment in the country is expanding, resulting in an increasing demand for imported food. Other factors contributing to the growth of the industry are increasing urbanization, changing life styles, growing health consciousness, and government support.
The Indonesian food and beverage industry registered the highest growth in the manufacturing sub-sector in 2010 and is considered one of the pillars of the industrial sector in the country. Indonesia is tipped to become one of the world's largest food suppliers, as well a processing centre for agricultural, fishery, animal husbandry, plantation, and natural resources over the next 20 years. The per capita consumption of milk in Indonesia is low compared to other major countries in Asia. This trend is likely to change in the near future, as the demand for ready-to-drink milk is increasing. To achieve its potential and improve the infrastructure in the industry, the Government has strategized for higher investments in the food industry in its Master Plan for Acceleration and Expansion for Economic Development (MP3EI).
Key Topics Covered:
Executive Summary
Political Analysis
Economic Analysis
Social Analysis
Technology Factors
Legal Factors
Environmental Factors
Food and Beverage Industry
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Source: Frost & Sullivan