Key Market Indicators
Indonesia's pet food imports are projected to surge, reaching approximately 143 million kilograms by 2028. This marks a rise from around 115 million kilograms in 2023, reflecting a compound annual growth rate (CAGR) of 3.4%. Since 1994, the country's demand for pet food has consistently grown by 4.9% each year. On the export front, Indonesia saw a decline in 2018, exporting about 106,000 kilograms of pet food, down from roughly 125,000 kilograms in 2017. This represents a 14.9% decrease compared to the previous year. Nonetheless, since 1994, the nation's pet food supply has surged by nearly 100% annually.