Confectionery Market Looking Good

Despite witnessing robust growth of 6.2% on compound annual average growth terms between 2005 and 2011, the Indonesian confectionery market remains relatively fragmented. However, the immaturity of the sector also means that there is massive room for growth from a longer-term perspective. In this article, we outlined the key drivers that will continue to bolster growth in the Indonesian confectionery sector, namely health consciousness, proliferation of private labels, rising purchasing power, favourable demographics, modern retail spread and a continued influx of sector investments.

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