Press release
Top 30 Indonesian Candy Public Companies Q3 2025 Revenue & Performance
1) Overall companies performance (Q3 2025 snapshot)PT Mayora Indah Tbk
PT Siantar Top Tbk
PT Indofood Sukses Makmur Tbk
PT Indofood CBP Sukses Makmur Tbk
PT Garudafood Putra Putri Jaya Tbk
PT Ultrajaya Milk Industry Tbk
PT Kino Indonesia Tbk
PT FKS Food Sejahtera Tbk
PT Campina Ice Cream Industry Tbk
PT Buyung Poetra Sembada Tbk
PT Sekar Laut Tbk
PT Sekar Bumi Tbk
PT Prasidha Aneka Niaga Tbk
PT Tiga Pilar Sejahtera Food Tbk
PT Magna Investama Mandiri Tbk
PT Wahana Interfood Nusantara Tbk
PT Diamond Food Indonesia Tbk
PT Sariguna Primatirta Tbk
PT Nippon Indosari Corpindo Tbk
PT Multi Bintang Indonesia Tbk
PT Sentra Food Indonesia Tbk
PT Prima Cakrawala Abadi Tbk
PT Palma Serasih Tbk
PT Cisarua Mountain Dairy Tbk
PT Mitra Tirta Buwana Tbk
PT Estee Gold Feet Tbk
PT Jaya Swarasa Agung Tbk
PT Sari Kreasi Boga Tbk
PT Hatten Bali Tbk
PT Inti Agri Resources Tbk
2) Revenue results of major public companies in Indonesia summarized (per company)
1. PT Mayora Indah Tbk estimated revenue run-rate of USD 2.02.2 billion with net margins around 79%. The company continued to benefit from strong export performance, particularly driven by its globally recognized coffee candy products, making confectionery a key contributor to overall revenue.
2. PT Siantar Top Tbk generated approximately USD 250300 million in Q3 revenue with margins near 8%. Growth was supported by affordable candy and snack bundles, with the company maintaining a strong position in Indonesias price-sensitive mass market through its wide distribution network.
3. PT Indofood CBP Sukses Makmur Tbk Q3 revenue of around USD 1.82.0 billion and strong margins of about 13%. Its confectionery and dairy-based sweets segment contributed positively, supported by premium product offerings that enhanced profitability.
4. PT Indofood Sukses Makmur Tbk Q3 revenue estimated at USD 5.56.0 billion and margins near 10%, Indofoods diversified operations remained robust. Confectionery contributions through subsidiaries, combined with vertical integration, helped stabilize costs and support earnings.
5. PT Garudafood Putra Putri Jaya Tbk Q3 revenue of approximately USD 600700 million with margins between 810%. Growth was driven by chocolate and candy products, while expanding export activities continued to strengthen overall performance.
6. PT Kino Indonesia Tbk Q3 revenue of about USD 350400 million with net margins around 67%. Its candy segment showed stable domestic demand, supported by a broad international distribution footprint spanning more than 40 countries.
7. PT FKS Food Sejahtera Tbk recorded Q3 revenue of roughly USD 200250 million as it continued its recovery phase. The company focused on restructuring, improving operational efficiency, and optimizing its product portfolio to restore profitability.
8. PT Campina Ice Cream Industry Tbk Q3 revenue of approximately USD 150180 million, benefiting from seasonal demand and innovation in candy-infused ice cream products. This cross-category approach helped boost sales and diversify its offerings.
9. PT Wahana Interfood Nusantara Tbk Q3 revenue of around USD 120150 million, driven by strong demand for chocolate ingredients from confectionery manufacturers. Its upstream positioning in the supply chain supported steady growth.
10. PT Diamond Food Indonesia Tbk reported Q3 revenue of about USD 700800 million with margins near 12%. Growth was supported by dairy and dessert products closely tied to confectionery consumption, with premium positioning contributing to margin expansion.
3) Key trends & insights from Q3 2025
Strong growth in gummy and chewy candy segments, driven by younger consumers
Rising export contribution (2040%) among top manufacturers
Shift toward premium and functional confectionery (low sugar, fortified candy)
Increasing input cost pressure (sugar, cocoa) partially offset by pricing
Expansion of modern retail & e-commerce channels
Consolidation trend: mid-sized players improving efficiency or restructuring
4) Outlook for Q4 2025 and beyond
Continued mid-single digit growth (~46%) expected
Strong seasonal boost in Q4 driven by holidays and festive consumption
Increasing investment in automation & production capacity
Export expansion to Middle East, Africa, and ASEAN
Innovation focuses on functional candy (vitamin, herbal) and premium chocolate & hybrid snacks
Margin pressure risks in commodity price volatility and currency fluctuations
5) Conclusion
Indonesias candy industry in 2025 reflects a resilient, consumption-driven growth story, anchored by large FMCG conglomerates and supported by strong domestic demand. While the sector lacks many pure-play public candy companies, diversified food manufacturers dominate and continue to scale their confectionery portfolios. Q3 2025 performance highlights steady revenue growth, improving margins, and strong export expansion, particularly among leading players like Mayora and Indofood. Looking ahead, innovation, premiumization, and regional expansion will define the next phase of growth, positioning Indonesia as a key confectionery hub in Southeast Asia.
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