News

□Indonesian Seaweed Market Trends

Published May 18, 2024

Tridge summary

Indonesian consumers are increasingly importing Korean seaweed, accounting for 82.5% of total imports in 2022, due to its health benefits and popularity as a low-calorie, sugar-free snack. The Indonesian seaweed market is expected to grow at a rate of 6% by 2028, driven by the Korean Wave and domestic manufacturers producing seaweed tailored to local tastes. Korean seaweed is distributed through high-end supermarkets, Korean supermarkets, and nationwide chain convenience stores, with tariff-free benefits available under the Korea-ASEAN Free Trade Agreement. From October 2024, all food products imported into Indonesia must indicate Halal certification on the label.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

‘Korean Seaweed’ Captures the Taste of Indonesian Consumers Imports from Korea have continued to increase over the past five years. ‘Seaweed’ started to attract attention as a healthy snack Low in calories and sugar, perfect for children's snacks Considering health as important during COVID-19 Korean products account for 82.5% of total imports Grows approximately 5 times between 2019 and 2022 Popularity of localized products such as chili and ayam goreng We need to actively utilize the Korean Wave to expand export markets. In Korea, seaweed is widely known as a side dish for rice, but it is more famous as a snack to foreign consumers. According to Zion Market, a global research institute, the size of the global seaweed market in 2022 is $1.62 billion, growing at an average annual rate of 10.4%, and is expected to expand to $2.8 billion in 2028. Recently, seaweed has been attracting the attention of many consumers as a healthy snack in Indonesia. In particular, as the benefits of ...
Source: Fisheco
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