Indonesia Investments presents an updated company profile of Charoen Pokphand Indonesia, the leading company in Indonesia's poultry feed and day old chicks (DOC) industries, having a dominating market share of 35 percent in both industries. The poultry meat industry in Indonesia has good prospects as the country's current per capita poultry meat consumption is relatively low, while per capita GDP is rising. Moreover, chicken meat is cheaper than beef and fish, while pork is generally not eaten due to Islamic principals.

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Today, Statistics Indonesia (BPS), a non-departmental government institute, stated that the inflation rate of January increased due to the government's decision to raise electricity tariffs and due to massive floods in Jakarta and other cities. January's headline inflation is 1.03 percent. The year-on-year inflation rate now stands at 4.57 percent; still within Indonesia's Central Bank's target of 4.5 ±1 percent.

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Pamerindo Indonesia, the leading trade fair organizer in Indonesia, introduces the launch of its most-anticipated Food and Hospitality Series show, Hotelexpo Indonesia and Specialty Food Indonesia (previously named Hotelex Indonesia and Finefood Indonesia). Covering the latest trends and innovation in the hospitality and specialty food sector, the expo will be held on July 22-24, 2020 at JIEXPO in Kemayoran, Jakarta.

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Indonesia, with a population of approximately 267 million, is the largest market for the Food Service Industry in the ASEAN region. With rising incomes amongst the growing middle class and changes in lifestyles, the Food Service Industry in Indonesia is expected to show a compounded annual growth rate (CAGR) between 2018 and 2023 of 7.06 percent.

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Adhi Lukman, Chairman of the Indonesian Food and Beverage Association (Gapmmi), says he is optimistic that the investment targets that are set by Indonesia's Industry Ministry will be met this year. The Industry Ministry targets to see a total of IDR 63.25 trillion (approx. USD $4.6 billion) worth of private sector investment in the food and beverage industry of Indonesia, up 6.7 percent compared to investment realization in this industry one year earlier.

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Hero Supermarket, a listed company on the Indonesia Stock Exchange that is primarily known for the operation of supermarkets and hypermarkets, is in need of overthinking its business model after recording a net loss of IDR 191.4 billion (approx. USD $14.0 million) in full-year 2017 (from a net profit of IDR 120.6 billion in the preceding year).

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Turnover in Indonesia's processed food and beverage industry is expected to rise 10 percent (m/m) to IDR 440 trillion (approx. USD $32.4 billion) in the second quarter of 2016 from IDR 400 trillion in the preceding quarter. This growth is expected to come on the back of Islamic celebrations (Ramadan and Idul Fitri) that always trigger rising consumption. Although the Ramadan is the holy fasting month for Muslims - implying a focus on self-control - dinner and early breakfast 'parties' boost turnover in the nation's food and beverage industry.

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When on 11 March 2016 an Indonesian man died while participating in a chicken eating contest organized by O2 Accion in outlets of fast-food company Kentucky Fried Chicken (KFC) Indonesia, shares of Fast Food Indonesia came under pressure. Fast Food Indonesia, the franchise holder of the KFC brand in Indonesia, is one of the nation's leading fast food companies and operates the popular KFC chain in Southeast Asia's largest economy. However, in the first week of April shares of Fast Food Indonesia soared significantly on the back of better-than-expected revenue.

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Although most Indonesians still prefer to eat rice and noodles as part of their daily diet, an increasing number of Indonesians (particularly those who live in the urban environments and have adjusted to an ‘urban lifestyle’) have started to consume cereals and bread. In fact, Indonesia has become the world’s second-largest wheat importer and ranks among East Asia’s largest cereal importers. The country is dependent on these imports as domestic production of grains is close to zero (the climate doesn’t suit cultivation).

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Food product exports from Indonesia to the Netherlands have increased according to Wim Jansen, Commercial Manager at NIVO Import & Export BV, Netherlands-based importer and exporter of Asian food products. About 45 percent of the company’s imports constitute food products from Indonesia, reaching a value of 3.5 million euro per year. Some popular Indonesian food products that are imported into the Netherlands are chili sauce, soy sauce, crackers (krupuk), various spices and noodles.

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Investment in Indonesia’s processed food and beverage industry is expected to grow at least ten percent to IDR 55 trillion (USD $4.6 billion) in 2015 from an estimated investment realization of IDR 50 trillion in 2014. Adhi Lukman, General Chairman of the Indonesian Food and Beverage Association (GAPMMI), said that investments in this sector have been solid due to rising consumption of food and beverages in Southeast Asia’s largest economy. Particularly foreign investments have been strong in 2014 and are expected to continue next year.

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The Indonesian Ministry of Energy and Mineral Resources announced that 25 miners holding a Mining Business License (Izin Usaha Pertambangan, or IUP) have finished construction of their smelters in the first half of 2014 in line with Law No. 4 of 2009 on Mineral and Coal Mining (also known as the 2009 New Mining Law), which foresees a ban on exports of unprocessed minerals. General Director at the ministry, R. Sukhyar, said that some of these 25 smelters are still in the commissioning stage, while others are already in the production stage.

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