Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Billion |
|---|---|
| 2018 | 2.093590309117596 USD Billion |
| 2019 | 2.4237800224965262 USD Billion |
| 2020 | 2.677058965161483 USD Billion |
| 2021 | 3.0931100986835967 USD Billion |
| 2022 | 3.5159745351632807 USD Billion |
| 2023 | 3.945200442530071 USD Billion |
| 2024 | 4.450275708119115 USD Billion |
| 2025 | 5.01053901637412 USD Billion |
| 2026 | 5.772505219505333 USD Billion |
| 2027 | 6.418459064893498 USD Billion |
| 2028 | 7.075111977566488 USD Billion |
| 2029 | 7.492597262456501 USD Billion |
| 2030 | 8.104191611004662 USD Billion |
| 2031 | 8.80928092861828 USD Billion |
| 2032 | 9.658729841871883 USD Billion |
Data Source: Wantstats Repository
Market Dynamics
Indonesia’s yogurt market has grown in recent years due to increasing interest in health-conscious food. Companies are offering a variety of flavors to suit different tastes. Yogurt is known to be a healthy snack with nutritional benefits, and its accessibility has been enhanced by the growing presence of retail outlets in the country. In particular, flavored yogurt has become widely available in supermarkets, convenience stores, and even small vendors. The Indonesian flavored yogurt market is seeing higher demand due to consumers’ preference for sweet and tangy tastes. Many Indonesian consumers now prefer flavored yogurt over plain or natural yogurt as they find fewer health benefits in the latter. Flavored yogurts are usually sweetened with natural sugars or honey and are available in a variety of fruits flavors such as strawberry, blueberry, mango, and peach. The popularity of flavored yogurt has been boosted by the knowledge that flavored yogurt contains beneficial probiotics which help the body digest food easier and maintain a healthy gut environment.
In addition, a wide range of yogurt products are now sold in a variety of containers such as plastic bags and cup, as well as in single-use tubes, making it easy for customers to take yogurt on the go. Furthermore, various strategies have been used by companies operating in the Indonesian flavored yogurt market to attract customers and increase sales. Promotional activities and discounts are frequently used by manufacturers to boost sales, while partnerships with retailers, such as supermarkets and convenience stores, have also been formed to ensure product availability in all areas. In addition, manufacturers have been expanding their distribution networks across the country to capitalize on the rising demand for flavored yogurt. This includes creating delivery systems for fresh yogurt products as well as introducing variety packs containing several flavors to cater to different tastes. Despite the rising demand for flavored yogurt in Indonesia, the market is still facing certain challenges. In a country with an ever-growing population, many consumers cannot access flavored yogurt products, making demand remain relatively low in some areas.
Companies need to address this issue by extending their reach to more rural areas as well as launching more affordable products for those who are price-sensitive.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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