Indonesia's chicken meat production stood at 4.1168 million metric tons in 2023, marking a 3.85% increase from the previous year. Over the past decade, production has consistently grown, albeit with fluctuations such as the significant rise of 38.03% in 2017 and a slight dip of -0.81% in 2020.
The Compound Annual Growth Rate (CAGR) over the past five years (2019-2023) averaged at 3.84%, indicating a steady growth pattern. Looking forward, the forecasted five-year CAGR until 2028 is 2.78%, with an expected overall production volume of 4.9146 million metric tons by 2028, signifying a total growth of 14.71% from 2023 levels.
Future trends to watch for include:
- Technological advancements in poultry farming to increase efficiency and output.
- Potential impacts of environmental policies and sustainability initiatives on production.
- Changes in consumer preferences and their influence on domestic chicken meat demand.