PR Newswire
09 May 2023, 09 GMT+10
JAKARTA, Indonesia, May 9, 2023 /PRNewswire/ -- Sweet opportunities for the Indonesian premium chocolate industry abound under a new partnership between Jakarta-based fine chocolate manufacturer Pipiltin Cocoa and Katalis, a business development program backed by the Australian and Indonesian governments.
Indonesian cocoa farmer in Kampung Merasa, Berau Regency, East Kalimantan, posing with a premium chocolate product made with local cocoa beans. Courtesy: Pipiltin Cocoa.
Pipiltin Cocoa will serve as a point of contact with other interested premium cocoa businesses in Indonesia as the industry targets the Australian market, responding to Australia's growing demand for a more diverse range of premium products. The new partnership will provide important market insights for Indonesian exporters seeking to penetrate the Australian specialty chocolate market and beyond.
When announcing the exciting new partnership, Paul Bartlett, Director, Katalis, said, "Katalis works to foster new economic partnerships, business sector engagement, and cooperation that leads to more integrated markets between Australia and Indonesia. With the premium chocolate industry driving the work to identify and investing in opportunities across their value chain, we are confident that the partnership will lead to closer trade and investment, improved market access, and more inclusive economic growth."
Rapid growth in the Indonesian premium chocolate industry over the last five years means it is highly suitable for investment. Australia's premium chocolate segment is also ripe for new opportunities, with similarly fast growth due to increased health consciousness and growing demand for a more diverse range of premium products.
"Research has shown that single-origin cocoa beans from Indonesia exhibit the highest profile diversity in the world, reflecting the diverse agroclimatic conditions of the archipelago and advanced processing techniques applied by the premium cocoa industry in Indonesia. This is part of the strength of our offering and we're excited to work with Katalis to share the story of Indonesian people, culture, and flavours," said Tissa Auliani, CEO, Pipiltin Cocoa.
With a significant proportion of the small and medium enterprises in Indonesia's premium cocoa supply chain owned and led by women, new market opportunities will empower women entrepreneurs, smallholder cocoa producers, workers, farmers, and young people.
Pipiltin Cocoa and Katalis will work together to identify and promote market opportunities for Indonesian premium cocoa businesses, including through workshops and a trade fair in Australia.
About Katalis
IA-CEPA ECP Katalis (Katalis) is a unique, five-year (2020-25) government-backed business development program unlocking the vast potential of economic partnership between Australia and Indonesia. Katalis was established under the Indonesia-Australia Comprehensive Economic Partnership Agreement Economic Cooperation Program (IA-CEPA ECP). The program complements other Australian development programs with a commercially oriented, bilateral approach and places gender equality, disability and social inclusion at the centre of everything we do.
About Pipiltin Cocoa
Pipiltin Cocoa was founded in 2013 as a couverture bean-to-bar chocolate manufacturer that sources very high quality raw beans directly from farmer's cooperatives in Aceh, East Java, Bali, Flores, East Kalimantan and West Papua. Its products are available in more than 100 retail stores in Indonesia and have been exported to several countries.
Get a daily dose of Asia Pacific Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Pacific Star.
More InformationKATHMANDU, Nepal - For the past three days, agitated students and guardians have been protesting against the school administration at ...
TOKYO, Japan: After coming under public criticism for using Japanese Prime Minister Fumio Kishida's residence for a private party, his ...
LAHORE, Pakistan - On Thursday, anti-corruption officials arrested Pakistan Tehreek-e-Insaf (PTI) President Parvez Elahi near his Lahore residence. Anti-corruption staff ...
YANGON, Myanmar - Opium cultivation in military-ruled Myanmar increased 33% last year, reversing a six-year downward trend, according to a ...
NEW DELHI, India - Nepal's Prime Minister Pushpa Kamal Dahal met with Indian counterpart Narendra Modi at Hyderabad House in ...
SAGAING, Myanmar - According to a local resistance group leader in Sagaing Region's Ayadaw Township, a woman was captured and ...
CHICAGO, Illinois: Driven by an ongoing shortage of properties available on the market, in March US single-family home prices rose ...
MIAMI, Florida: Carnival Cruise Lines has said a cruise ship, the Carnival Sunshine, which sailed through rough seas off the ...
BEIJING, China: On his return to China after a three year absence, which is his company's largest production hub, Tesla ...
NEW YORK, New York - U.S. stocks surged on Friday on the debt ceiling resolution and a strong jobs report.Nonfarm ...
SANTA CLARA, California: As investors piled more capital into Nvidia, the chipmaker that has become one of the biggest winners ...
PARIS, France: France has celebrated the groundbreaking for the first of four battery manufacturing gigafactories, which European and Asian companies ...