Product Code: ETC102647 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia chocolate liquid extract market refers to the industry that involves the production, distribution, and consumption of chocolate in liquid extract form. Chocolate liquid extract is obtained by extracting cocoa solids or cocoa powder and mixing it with a liquid base, such as water or milk. It is commonly used as a flavoring agent in various food and beverage products, including desserts, beverages, ice creams, and confectioneries.
Consumers in Indonesia have shown a growing preference for artisanal and premium chocolate products. This trend has influenced the chocolate liquid extract market, with manufacturers focusing on producing high-quality, gourmet chocolate extracts to cater to the evolving consumer preferences. The rising awareness about health and wellness has prompted consumers to seek healthier alternatives in their food and beverages. This trend has driven the demand for chocolate liquid extracts that are low in sugar, free from artificial additives, and made from organic or natural ingredients. Manufacturers are continuously introducing innovative chocolate liquid extract products to attract consumers. This includes the development of unique flavor profiles, such as fruit-infused or spiced chocolate extracts, as well as incorporating functional ingredients like probiotics or superfoods.
The growing middle-class population in Indonesia, coupled with rising disposable incomes, has resulted in higher purchasing power and increased consumer spending on indulgent food products like chocolate. This has positively impacted the demand for chocolate liquid extracts. Indonesia consumers are increasingly adopting Western dietary habits and embracing international food trends. Chocolate, being a popular flavor globally, has witnessed a surge in demand, driving the growth of the chocolate liquid extract market. The expansion of the food and beverage industry in Indonesia has led to a greater demand for chocolate liquid extracts as an ingredient in various products. The industry`s growth, coupled with the increasing number of cafes, restaurants, and confectionery outlets, has boosted the market for chocolate extracts.
The COVID-19 pandemic has had a mixed impact on the Indonesia chocolate liquid extract market. Initially, during the lockdowns and restrictions, the market faced challenges due to disrupted supply chains, reduced consumer spending, and closures of foodservice establishments. However, as restrictions eased and consumer confidence improved, the market gradually recovered. The shift towards online shopping and home cooking also drove the demand for chocolate liquid extracts, as consumers sought to recreate indulgent experiences at home.
The cost of cocoa beans, a key raw material for chocolate production, can be volatile due to factors such as weather conditions, supply-demand imbalances, and geopolitical events. Fluctuating prices pose challenges for chocolate liquid extract manufacturers in terms of cost management and price stability. The chocolate market in Indonesia is highly competitive, with numerous local and international players vying for market share. This competition poses challenges for new entrants and smaller players in terms of brand recognition, distribution, and pricing strategies.
Mayora Indah Tbk PT, Mondelez International, Nestl? Indonesia, PT Ceres, Hershey`s
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Chocolate Liquid Extract Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Chocolate Liquid Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Chocolate Liquid Extract Market - Industry Life Cycle |
3.4 Indonesia Chocolate Liquid Extract Market - Porter's Five Forces |
3.5 Indonesia Chocolate Liquid Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Indonesia Chocolate Liquid Extract Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Indonesia Chocolate Liquid Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Chocolate Liquid Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Chocolate Liquid Extract Market Trends |
6 Indonesia Chocolate Liquid Extract Market, By Types |
6.1 Indonesia Chocolate Liquid Extract Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Chocolate Liquid Extract Market Revenues & Volume, By Product Type, 2018 - 2031F |
6.1.3 Indonesia Chocolate Liquid Extract Market Revenues & Volume, By White, 2018 - 2031F |
6.1.4 Indonesia Chocolate Liquid Extract Market Revenues & Volume, By Milk, 2018 - 2031F |
6.1.5 Indonesia Chocolate Liquid Extract Market Revenues & Volume, By Dark, 2018 - 2031F |
6.2 Indonesia Chocolate Liquid Extract Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Chocolate Liquid Extract Market Revenues & Volume, By Organic, 2018 - 2031F |
6.2.3 Indonesia Chocolate Liquid Extract Market Revenues & Volume, By Conventional, 2018 - 2031F |
6.3 Indonesia Chocolate Liquid Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Chocolate Liquid Extract Market Revenues & Volume, By Food and Beverage, 2018 - 2031F |
6.3.3 Indonesia Chocolate Liquid Extract Market Revenues & Volume, By Cosmetics & Personal Care, 2018 - 2031F |
6.3.4 Indonesia Chocolate Liquid Extract Market Revenues & Volume, By Pharmaceutical Industry, 2018 - 2031F |
6.3.5 Indonesia Chocolate Liquid Extract Market Revenues & Volume, By Nutraceutical, 2018 - 2031F |
6.3.6 Indonesia Chocolate Liquid Extract Market Revenues & Volume, By Others, 2018 - 2031F |
7 Indonesia Chocolate Liquid Extract Market Import-Export Trade Statistics |
7.1 Indonesia Chocolate Liquid Extract Market Export to Major Countries |
7.2 Indonesia Chocolate Liquid Extract Market Imports from Major Countries |
8 Indonesia Chocolate Liquid Extract Market Key Performance Indicators |
9 Indonesia Chocolate Liquid Extract Market - Opportunity Assessment |
9.1 Indonesia Chocolate Liquid Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Indonesia Chocolate Liquid Extract Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Indonesia Chocolate Liquid Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Chocolate Liquid Extract Market - Competitive Landscape |
10.1 Indonesia Chocolate Liquid Extract Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Chocolate Liquid Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |