About Kaluku Food + Agtech
Kaluku is a Food Startup Indonesia 2022 finalist with a mission to restore Indonesia as a leader in the global coconut market and industry. We producing and collecting a variety of coconut derivative products from local communities, such as edible copra, healthy alternative plant-based flour, various types of coconut sugar, RBD cooking oil, VOC, and refreshing beverages made from coconut water. By bridging the gap between the needs of small holders and market demands, Kaluku aspires to make Indonesia come back as a leader in the coconut industry.
Our Company
Since our establishment in 2019, we have been dedicated to supporting local farmers in improving the quality of their crop yields and distribution to market channels. As we continue to grow, we are proud to announce the development of the first copra micro processing manufacture to meet the increasing demand of the domestic market. Through our bootstrapping efforts, we have been able to develop the coconut commodity into derivative products with mostly B2B sales channels for both domestic and international buyers. Our commitment to quality and sustainability remains at the forefront of our mission.
Outlook
According to global statistical data, coconut product revenue is 11.5 B USD and will reach 31.3 B USD in 2026. More than 100 derivative products are required and manufactured in the global industry. Indonesia has the largest land area as well as the largest coconut producer, but is not a leader in achieving market growth. There is even a 30% opportunity loss because the product does not match the demand. What is more concerning is that when we have a surplus of coconuts, the domestic market is flooded with imported coconut products.
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Great market opportunity facts include: 7 billion coconut farmers with 30 million families, 270 million Indonesians, the vegan lifestyle is increasing, knowledge about the benefits of coconut and concern for environmental conservation are increasing.
Mission
We are Indonesia's coconut agri startup which has deeply understand about coconut ecosystem and supply chains. There are an amazing unfair advantage and big opportunity loss due related to classic problem issues during decades. Our close target is to increase market growth up to 30% by innovation and technology from farming to fork.
Environment & Sustainability
Our organization is committed to creating real added value for coconut farmers across the country. In the past, coconut has only provided limited income due to its traditional market sales in whole form, without processing. To address this issue, we offer workshop programs that teach upstream to downstream processing of coconut materials. We urge all coconut stakeholders and Indonesian consumers to support the welfare of 7 million coconut farmers and their 30 million families by choosing domestic coconut-based products. Our workshop programs are available to all potential coconut areas in Indonesia, and we encourage interested parties to contact us to discuss and plan the best solutions.