The market is dominated by domestic suppliers, as imports account for 2.5% of total market size in 2023. B2B drives market demand, with B2B spending representing 98.1% of total demand in 2023. Indonesia has the fourth largest market size for pet food and animal feeds regionally, with demand reaching USD13.6 billion in 2023. Cheil Jedang Indonesia Pt is the largest company in Indonesia, generating 19.8% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 53.3% of total production value in 2023. The total number of companies increases in 2023, to 61,185 units. The costs of the industry increase by 5.8% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 31.8% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 1.1% of total production output. With production value of USD10.9 billion, Indonesia accounts for 2.9% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Pet Food and Animal Feeds in Indonesia: ISIC 1533. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Pet Food and Animal Feeds in Indonesia: ISIC 1533 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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