Indonesia Railway Catering ,Indonesia In-Flight Catering ,Oil & Gas Catering Indonesia Research report: Ken Research - PowerPoint PPT Presentation

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Indonesia Railway Catering ,Indonesia In-Flight Catering ,Oil & Gas Catering Indonesia Research report: Ken Research

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Indonesia catering market has surged owing to the growing number of international tourists, domestic air travelers, wedding ceremonies being held in the country, higher catering demand from industrial clients (hospitals, mining sites, manufacturing plants, oil & gas sites and educational institutes requiring catering services) – PowerPoint PPT presentation

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Title: Indonesia Railway Catering ,Indonesia In-Flight Catering ,Oil & Gas Catering Indonesia Research report: Ken Research


1
  • Indonesia catering market Research Report Ken
    Research

2
  • Indonesia catering market has surged owing to the
    growing number of international tourists,
    domestic air travelers, wedding ceremonies being
    held in the country, higher catering demand from
    industrial clients (hospitals, mining sites,
    manufacturing plants, oil gas sites and
    educational institutes requiring catering
    services) and the positively inclining number of
    MICE/corporate/private events being hosted in
    various event-halls across the country. The
    market witnessed a robust CAGR of during the
    review period (2012-2017) due to the combined
    effect of these factors. The market is currently
    placed in medium growth stage with strong
    possibility for further growth at a faster pace.
  • Profitability associated with catering is highly
    correlated with multiple factors such as
    maintaining records of profit/loss statements
    during various individual events its effective
    interpretation, cost reduction related to
    transportation of raw materials, minimization of
    wastage, sustaining expanding client
    relationships, having multiple event halls with
    different capacities, quality of food being
    served, efficient effective service provided
    amongst various others. Estimated profitability
    range for event and pure-play caterers has been
    analyzed to be in 2017. Highest profit margins
    per person have been charged in the hospitality
    catering sector by star-hotels.

3
  • Hospitality sector constituting of hotels
    wedding halls have contributed to the total
    revenue generated through catering in 2017. Price
    charged per person is as high as IDR per person
    in 5-star hotels for weddings and per person
    for corporate events. On an average, more than
    weddings more than corporate events are being
    organized in 5-star hotels per month across
    Indonesia. In-flight catering sector has acquired
    revenue share of total Indonesia catering
    market in 2017. In-flight caterers have
    particularly been benefitted by the continuous
    growth in tourism sector of the country. CAS
    Group (Food) and Aero food have dominate the
    in-flight catering market in terms of clientele.
    This sector accounts for the third highest
    contribution with revenue share in the overall
    market. There are about industrial caterers
    present in the country. Market players offering
    catering services to educational institutions
    such as schools and universities in the country
    accounted for to the overall revenue generated
    in 2017
  • With large brand name, exceptional venue and menu
    options provided, more number of event rooms,
    higher capacity in terms of space and equipments
    required to host multiple weddings and corporate
    events at the same time exceptional supplementary
    services extended and top-quality services given
    to wealthy end user segments, 5-star hotels have
    dominated the revenue generated from hospitality
    catering services in 2017. These 5-star hotels
    collectively generated USD million from their
    food and event catering services during the same
    year. The hotel also consists of more than 4
    meeting rooms for organizing MICE events within
    the premises. Wedding/event halls held second
    highest market share in the hospitality segment
    with of the market owing to increased number
    of marriages in the country

4
  • Wedding halls do not consist of a grand ballroom
    rather such entities have limited number of
    function rooms, ranging between for hosting
    weddings and corporate events of up to people.
    4 star hotels on the other hand accounted for the
    third largest share, adding USD million to the
    market revenues in 2017
  • A 4 star hotel has a small size ballroom, which
    is generally divided into two rooms for hosting
    different events with an accommodation capacity
    of about people. The average number of meeting
    and function rooms in 4 star hotel ranges from ,
    where corporate events take place. 3 star hotels
    focus on hosting all types of events at very
    reasonable prices, which limits their revenues in
    comparison to other players operating in the
    space. Such entities contributed USD million to
    the market revenues in 2017.
  • Major airline companies in Indonesia consist of
    two food related departments running in parallel.
    These are airlines catering department and FB
    department. Catering division could be a pure
    service extended by the parent airline. However,
    from the business perspective, since catering is
    not really a core competency of the airline,
    caterers are able to supply to multiple airlines
    and leverage revenues from where ever possible.
    Two major parts of the catering division
    sub-sectors include Meal Design and Meal
    Planning. The entire catering procedure involves
    various processes and sub-processes starting from
    menu standardization of different flights. The
    airline company then provides quotations,
    provides the caterer with meal presentation
    requirements, set up their meal policy, run
    material requirement plan and estimate monthly
    consumption, generation of production schedule
    and then enters flight catering order. There are
    certain challenges faced by the in-flight
    caterers in Indonesia. The overall cost is
    comprised of logistics cost, whereas adds
    up to the cooking and catering expenses. This is
    due to the heavy cost of refrigeration, cooling,
    transporting and others. It is highly important
    to focus on maintenance of temperature so that
    the food remains in fresh conditions even after
    few hours. The caterers have to make sure that
    the food doesnt contain too-much of fat content,
    which is difficult to digest by the passengers
    during the flight.

5
  • Currently, PT Reska Multi Usaha caters to the
    food requirements in Indonesian Railways. This
    daughter company was established in 2003. It is a
    subsidy of PT Kereta Api Indonesia, working in
    various segments for parent company. These
    include catering, restaurants, parking, cleaning
    service and general trading. The company has been
    undergoing changes, modifications and up
    gradation since 67 years of its establishment.
    Every train usually has a catering car located in
    the central area of the train. The Company has
    central kitchens in Bandung, Jogja and Manggarai
    Indonesia railway catering market size has been
    estimated to be approximately IDR billion in
    2017. Per Day PT Reska Multi Usaha generates
    IDR million daily through food catering in
    Indonesian in 2017. Meals served per day in 6
    regions through train catering. Jakarta
    Surabaya comprise of share of the total meals
    supplied in 2017.
  • Event planning or event management consists of
    organizing large scale festivals, wedding
    ceremonies, private ceremonies, conferences,
    concerts and business conventions on behalf of
    end-users by directly dealing with major hotels,
    weddings halls and event halls. Different events
    have their own peculiar requirements hence, event
    planners deal with budgeting, scheduling, site
    selection, acquiring necessary permits,
    coordinating transportation and parking,
    arranging for speakers or entertainers, arranging
    decor, event security, catering, coordinating
    with third party vendors, and making emergency
    plans differently for varied occasions. Meeting
    tight deadlines, fitting event finances in tight
    budget, high client prospect and organizational
    stakes, temperamental clients, managing
    dependencies, language barriers, technological
    glitches and converting event plans on paper into
    a reality are the various issues faced by event
    planners in Indonesia.

6
  • There has been an increase in the number of
    destination weddings in Indonesia by the end of
    2017. Growing popularity of the serene beauty of
    Indonesian landscape, low price in comparison to
    resident country and trend-popularity have been
    the major reasons for this growth. The venues for
    destination events are majorly located in remote
    areas such as small islands, cliffs and other
    exotic places hence, this concept is usually
    popular for destination weddings in comparison to
    MICE events.
  • Some of the very famous venues for destination
    wedding include, Infinity Chapel, Conrad Bali,
    Prambanan Temple, Central Java, Pine Forest Camp,
    Bandung, Mirage Wedding Chapel Bali, Batavia
    Marina, Jakarta, The White Dove, Banyan Tree
    Ungasan Bali and Jeeva Klui, Lombok.
    Approximately, a specialized hotel for
    destination wedding organizes around weddings
    per month. Average attendance per wedding is less
    than People
  • On the other hand, average price per person for
    destination weddings is more than IDR per
    person. Remote islands near Bali form clusters
    for such types of weddings in Indonesia.

7
  • For destination weddings people mostly come from
    Australia and various European countries.
  • People from United Kingdom have come in huge
    number in 2017.
  • The overall competition stage of the industry has
    been a mix of fragmented and concentrated
    scenarios depending on major sectors of the
    market. For instance, hospitality sector and the
    market for pure play caterers is highly
    fragmented whereas, in-flight industrial
    catering sectors have been marked with highly
    concentrated competition scenarios. There were
    approximately food catering entities operating
    in 2017 providing food catering services along
    with providing supplementary facilities such as
    flower decoration, parking facilities, seating
    arrangement, cutlery and others. Few of the major
    players include Sasana Kriya, Hilton Garden Inn,
    Conrad Bali, The Royal Santrian, Hard Rock Hotel
    Bali, Holiday Inn Jakarta, Holiday Inn Express
    Jakarta Thamrin, PT Indocater, CAS Group,
    Aerofood and others. The pre-requisite of heavy
    investment into setting up a full-fledged
    production facility and establishing a large
    distribution network has prevented stakeholders
    to scale their businesses over a certain
    geographic limit. This also proves to be barrier
    in the entry of new players. Presence expertise
    of major players, large geographical out-reach
    (especially to remote sites), diversity in menus,
    larger capacity of event halls, well established
    exclusive clientele has helped these major
    players to assemble higher revenue share in the
    market during the review period.

8
  • In the short-run, the market has been anticipated
    to grow to USD million by the end of 2020
    registering a three year robust CAGR of during
    2017 to 2020. In long run, it has been analyzed
    that Indonesia catering market would register a
    steady five year CAGR of during 2017-2022 and
    hence attain a market size of USD million by
    2022 from USD million in 2017. Indonesia would
    become a hub for hosting successful MICE and
    destination events in the coming future. Increase
    in the number of wedding/event halls,
    construction of new hotels with more number of
    ballrooms and meeting rooms, expected increase in
    the number of foreign tourists, rise in the
    number of healthcare centers with more number of
    in-patients and expanding industrial units
    demanding catering services would help facilitate
    the growth in the market size. Rising number of
    private and MICE events is expected to be the
    major reason behind the dominant share of
    hospitality sector in the revenues of overall
    catering market on Indonesia by 2022. Hospitality
    sector is expected to contribute to the
    overall revenues generated by catering companies
    in Indonesia in 2022.

9
  • For more information on the research report,
    refer to below link
  • https//www.kenresearch.com/food-beverage-and-toba
    cco/food-services/indonesia-catering-market/143885
    -11.html
  •  
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10
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