Mondelez Indonesia is upbeat about the snacks industry in Indonesia
Indonesians have a big appetite for biscuits: about one-third of them have more than three snacks per day and the most common food for snacking occasions is sweet biscuits, according to a recent research by Mondelez Indonesia. This is good news for the company, which is well-known for producing global brands such as Oreo and Cadbury and popular local brand Biskuat.
Mondelez Indonesia is part of Mondelez International, which was spun off from U.S.-based Kraft Foods in 2012. The company has a head office in Jakarta and two plants in Bandung and Cikarang with the latter supplying biscuits to 35 countries in Asia, the Middle East, and Africa.
Mondelez International is the biggest snacks producer in the world with a revenue of approximately $26 billion globally in 2017 as its products are sold in more than 160 countries. In Indonesia, the company has enjoyed rapid growth in the last couple of years as its products are very popular and reach many households.
“We have grown double digit in the last three years and we continue to expect stronger double-digit growth in the years to come,” Sachin Prasad, President Director of Mondelez Indonesia, says.
Diese Geschichte stammt aus der January 2019-Ausgabe von Forbes Indonesia.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der January 2019-Ausgabe von Forbes Indonesia.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
BACK ON TRACK
Collective wealth gets a 21% boost to a record $162 billion amid an economic uptick.
Championing Locals
The wave of social commerce is enabling inclusive digital economies beyond urban areas.
Boys in the Bubble
Startups are supposed to specialize, but OPENSEA’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.
Enduring Relations
The implementation of IA-CEPA amid the pandemic signifies the Indonesia-Australia’s commitment to recover and counter future challenges together.
Sweet Success
Steven Erwin envisions Unifam to become a major global player in the confectionery and F&B industry.
Marathon Man
Across America, scores of municipal pension funds remain scandalously underfunded. But not the pension fund of Tampa’s police and firemen, thanks in large part to JAY BOWEN, whose no-frills approach to stock picking has protected and served them for more than 45 years.
Gold Rallies on Inflation Fears
During September the price of gold rallied to $1,868 per ounce following the release of figures on US inflation by the Bureau of Labor Statistics which indicated that, as of September, CPI inflation had rocketed to 6.2%, above the 5.8% which economists had been predicting.
Set Off to A New Start
Bank Aladin has two main ingredients for success: establish trust and offer better customer experiences.
The Daily Intake
YOUVIT plans to invest further into marketing and grow into one of the leading vitamin brands in Indonesia.
THE CROESUS OF CRYPTO
FTX COFOUNDER SAM BANKMAN-FRIED BUILT A $22.5 BILLION FORTUNE BEFORE HIS 30TH BIRTHDAY BY PROFITING OFF THE CRYPTOCURRENCY FRENZY—BUT HE’S NOT A TRUE BELIEVER. HE JUST WANTS HIS WEALTH TO SURVIVE LONG ENOUGH TO GIVE IT ALL AWAY.
