Product Code: ETC286648 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The chicken flavor market in Indonesia is expected to reach a value of US$ 4.2 billion by 2031, registering a CAGR of 5.5% during the forecast period. The market is driven by rising demand for convenience food products and increasing consumption of processed foods such as fried chicken, pizza, and hamburgers. Moreover, the increasing disposable income among consumers has stimulated demand for convenient food products with different flavors. Additionally, rapid urbanization and changing lifestyle habits are also driving the growth of this market in Indonesia.
The Indonesia chicken flavor market is expected to be influenced by several key drivers. The popularity of processed foods, convenience products, and ready-to-eat meals is anticipated to drive the demand for chicken flavor as a savory and aromatic ingredient. The growth of the foodservice industry, urbanization, and changing consumer lifestyles could contribute to market growth. Additionally, manufacturers` focus on product innovation and the development of clean label and natural chicken flavor options might shape consumer preferences and influence market dynamics. The market`s performance could also be affected by trends in health consciousness and dietary preferences.
The chicken flavor market in Indonesia may face challenges related to changing consumer preferences and health concerns. As consumers become more health-conscious, demand for natural and clean-label flavorings may increase. Additionally, market players may need to address potential food safety and quality concerns associated with flavor additives.
The food industry, including the chicken flavor market, experienced changes in consumer preferences and demand during the pandemic. The closure of restaurants and restrictions on dining out might have increased the demand for packaged food products with chicken flavoring, while reduced economic activity may have affected the foodservice sector.
Well-known brands offering chicken flavor products might include Ajinomoto Group, Knorr (Unilever), Nestl? S.A., and Maggi (Nestl?).