Top 10 Largest Packaged Food and Beverage Companies in Indonesia 2023

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Adi Ahdiat 19/09/2024 14:04 WIB

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According to a USDA report, in 2023 Indofood was the largest packaged food and beverage company in Indonesia by retail sales value.

Top 10 Largest Packaged Food and Beverage Companies in Indonesia by Retail Sales Value (2023)

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Top 10 Largest Packaged Food and Beverage Companies in Indonesia by Retail Sales Value (2023)

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Indofood Sukses Makmur Tbk is Indonesia's largest packaged food and beverage company.

This is recorded in the *Indonesia: Food Processing Ingredients Annual* report released by the United States Department of Agriculture (USDA).

According to USDA data, in 2023 Indofood's retail sales reached US$4.45 billion, far exceeding that of similar companies.

Below it are PT Mayora Indah Tbk, Danone Group, Wings Corp, Nestle S.A., Unilever Group, Royal Friesland Campina, Kraft Heinz Co, Wilmar International, and Garuda Food, with retail sales values as shown in the graph.

The USDA also notes that, up to 2023, Indonesia's packaged food and beverage industry still heavily relies on imported raw materials.

"To meet the needs of the food processing industry, Indonesia imports 80% of its milk raw materials, 70% of its soybean raw materials, 100% of its sugar and wheat raw materials, 80% of its salt and certain beef, and 70% of its fruit concentrates for food and beverage production," they stated.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."