James O'Donnell, Shanghai Office, Bord Bia - Irish Food Board

Bord Bia recently commissioned a quarterly report covering key trends and developments in both the Indonesian and Vietnam markets. Following on from last week’s article on the markets – some highlights on company developments:

Indonesia’s Ultrajaya’s figures for Q1-3 proved positive despite Indonesia’s economic slowdown. Ultrajaya is the only listed company and remains the undisputed leader in the UHT market with 46% market share.

PT Kian Mulia Manunggal located in East Java recently commenced production of its infant formula brand Vidoran and growing up Vidoran Xmart milk power (annual capacity 15,000t) at a new plant. Additionally the company has recently commenced the production of UHT milk.

In Vietnam, Vinamilk continues is market leadership with strong results in 2015 in both the infant formula and liquid milk sectors. The group continues to build strategic partnerships increasing its local dairy farming operations as well as pursuing investments in the US, New Zealand and Europe.

Two digit growth rates in the packaged yogurt market makes yogurt products increasingly attractive to dairy suppliers where companies are increasingly diversifying their product lines. Vinamilk offer more than a dozen different yogurt products with different functionality. IDP has recently launched a range of different flavours. Other players in the market include Kinh Do, Nutrifood and TH True Milk company.

Companies wishing to receive a copy of the quarterly report please email james.odonnell@bordbia.ie