-
Sector Analysis
Consumer and Market Insights: Confectionery in Indonesia
The confectionery market is forecasted to grow at a faster rate in 2015-2020 as compared to 2010-2015, which is mainly driven by growing GDP per capita and a large young population base. New and innovative flavors will be increasingly preferred by Indonesian consumers along with confectionery products which are manufactured using natural ingredients. Social media and internet penetration will further drive the sales of the confectionery market.