| Product Code: ETC357628 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Indonesia extruded foods market, the import trend experienced a slight decline from 2023 to 2024, with a growth rate of -0.97%. However, the compound annual growth rate (CAGR) for imports over the period of 2020-2024 stood at 3.03%. This dip in growth can be attributed to shifting consumer preferences or changes in trade policies impacting the market`s import momentum.
The Indonesia Extruded Foods market is experiencing a surge in demand as consumers seek convenient and tasty snack options. Extruded foods are processed through a specialized cooking method that results in various shapes and flavors, making them attractive to consumers of all ages. The market is highly competitive, with numerous local and international players offering a wide range of extruded snacks. Successful companies in this market will need to continually innovate to introduce new flavors and packaging to cater to changing consumer preferences.
The Indonesia Extruded Foods market is on an upward trajectory, primarily due to changing consumer preferences and lifestyle trends. Convenience is a significant driver, as busy urban populations are increasingly turning to extruded snacks and breakfast cereals. Health consciousness is another key factor as consumers seek healthier snack alternatives, and extruded foods can be fortified with vitamins and minerals. Furthermore, marketing and branding strategies by manufacturers, including product innovations and appealing packaging, are attracting consumers. The affordability and accessibility of extruded foods are also contributing to their popularity. As a result, the market for extruded foods in Indonesia is expected to continue growing.
The extruded foods market in Indonesia faces challenges related to consumer preferences and health concerns. Balancing taste and nutritional value is essential. The industry also needs to address packaging sustainability concerns and adapt to changing regulations governing food labeling and safety.
The Extruded Foods market experienced mixed results during the pandemic. While there was a surge in demand for packaged and shelf-stable snacks during lockdowns, supply chain disruptions affected production and distribution. As consumer preferences shifted towards healthier and locally sourced options, manufacturers adapted by introducing new products. The market is expected to remain competitive with a focus on innovation and diversification.
Indonesia`s Extruded Foods market is witnessing a surge in demand for snack products and convenience foods. Leading companies in this sector, including PT Indofood Sukses Makmur Tbk and PT Mayora Indah Tbk, are continuously innovating and expanding their product portfolios to meet the evolving consumer preferences for extruded food items.