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Indonesia pet food market reported profit margins of 24% of turnover in 2012

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Pet Food and Animal Feeds in Indonesia: ISIC 1533 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-01 08:26:03
Market sales rise by 17% since 2007; agricultural development drives the demand. Imports account for only 4% of total sales; USA remains major foreign supplier, accounting for over half of all imports´.

Corn shortage drives industry´s costs up; still profit margins up by nearly 3 percentage points to 24% of turnover in 2012. 93% of companies employ less than 10 people; 25 largest producers generate 56% of total turnover. 10% annual growth in revenues projected over 2013-2018; meat demand will fuel the development of animal feed producers.

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