2014-02-03 09:37:03 - Machinery for Food, Beverage and Tobacco Processing in Indonesia: ISIC 2925 - a new market research report on companiesandmarkets.com
Indonesian market for machinery for food, beverage and tobacco processing has high import dependency, accounting for 92% of market in 2012. Germany and China are the two main import partners. Domestic manufacturers engaged in production of machinery for food, beverage and tobacco processing report 2% increase in turnover in 2012 to reach Rp345.9 billion.
Industry very fragmented, with four largest companies accounting for only 14% of total production in 2010. Over 2013-2018 turnover of local producers projected to see 10% CAGR to reach Rp609.2 billion, driven by increase in disposable incomes and subsequent demand for value-added, non-essential food items.
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