The vegetables market size volume in Indonesia witnessed fluctuations over the decade but maintained an overall upward trajectory from 2014 to 2023. The market volume stood at 12.2 million metric tons in 2023, reflecting a minor year-on-year growth of 0.63%. Over the past five years, the compound annual growth rate (CAGR) was recorded at 0.5%. Key variations over this period include a noticeable dip in 2015 (-2.25%) and a significant recovery in 2021 with a 5.97% increase. The market is forecasted to grow steadily, with a projected 5-year CAGR of 0.51%, reaching 12.6 million metric tons by 2028.
Future trends to watch for include:
- Technological advancements in agricultural practices
- Increasing consumer demand for organic vegetables
- Impact of climate change on crop yields
- Government policies and support for the agriculture sector
