Jakarta, IO – Industry Ministry’s (Kemenperin) Agro Industry Director General Putu Juli Ardika said food and beverage sales have grown strongly since the Covid-19 pandemic started to wane in the middle of last year up to the fasting month of Ramadan this year.
“The growth in food and beverages sector this year, especially during the month of Ramadan, is very good. We predict that it can grow between 5 to 7 percent,” he said as reported by Katadata, Tuesday (11/4).
According to him, this year’s growth nearly rebounded to pre-pandemic level. For this achievement, he expressed the government’s appreciation to all stakeholders who continue to develop the food and beverage industry amid global uncertainty.
Food and beverages contributed more than a third (38.35 percent) to the total GDP of non-oil and gas processing industry, generating a total value of Rp3.23 quadrillion in the January-July 2022 period, the largest share compared to other industries.
By 2030, Kemenperin projects that the domestic food and beverage consumers will increase to 90 million people due to the growth of Indonesia’s middle class and an increase in per capita income. Thus, consumer spending could reach at least 5 percent per year (around Rp2,894 trillion). (bp)