The food and beverage industry is one of Indonesia’s most stable industry contributing significantly to the economy despite the pandemic challenges.
According to the Director General of Agro Industry, Ministry of Industry, Putu Juli Ardika, “The food and beverage industry is also one of the sectors that has high demand during a pandemic because people still need to consume nutritious food to increase their body’s immunity in an effort to maintain health.” This sector grew 3,49% in 2nd quarter 2021.
From January to September 2021, total value of F&B industry exports reached US$32.51 billion, a 52% jump from the same period in 2020. With the Making Indonesia 4.0 roadmap, the food and beverage industry is one of the sectors that gets priority development in the Industrial Era 4.0.
To address the challenges posed by the pandemic which affected shipment of goods between countries including food supplies, Indonesia is carrying out multiple development activities like creating food estates and developing its cold storage facilities amongst others.
Indonesia is also welcoming large foreign investments in the food and beverage industry, with the latest investor being Yili opening its largest ice cream plant in ASEAN in Indonesia. Another major player, Danone Indonesia has been instrumental in Indonesia’s economic growth as it has more than 28 factories operating in various parts of Indonesia to produce bottled water, soft drink and milk. Danone is also a major employer in Indonesia with more than 15,000 workers under its belt.