Market Share of Indonesia Plant-Based Food And Beverages Industry
Indonesia's plant-based food and beverage market is fragmented, with many international and regional companies competing for a significant market share. Some of the major players in the market are Green Rebel Foods, Amy's Kitchen Inc., Nestlé SA, Danone SA, and Meatless Kingdom. Product innovation in terms of flavor and texture and infusion of healthy ingredients is the major strategy adopted by companies. Additionally, key players are focused on the expansion of production capacity and innovative product launches to cater to the increasing demand for meat substitutes and dairy alternatives. For instance, in 2023, Kraft Heinz, one of the leading food companies, invested USD 84 million to upgrade its facility in Indonesia to expand its meat alternatives line.
Indonesia Plant-Based Food And Beverages Market Leaders
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Amy’s Kitchen, Inc.
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Green Rebel Foods
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Meatless Kingdom
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Nestlé S.A.
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Danone S.A.
*Disclaimer: Major Players sorted in no particular order
