Indonesia's animal fats production stood at 80.59 thousand metric tons in 2024 and is forecasted to grow gradually each year, reaching 82.46 thousand metric tons by 2028. Compared to 2023, this forecasted data indicates a consistent year-on-year growth, reflecting a stable increase in production capacity.
Year-on-year variations in percentage show minor but steady increments approximately ranging around 0.6% each year:
- 2024-2025: 0.60%
- 2025-2026: 0.58%
- 2026-2027: 0.56%
- 2027-2028: 0.56%
The average annual growth rate (CAGR) over the last five years reaches about 0.6% consistently, pointing to a stable trend in production capability.
Future trends to watch for include changes in global demand for animal fats, technological advancements in production processes, potential policy and regulatory changes, and shifts towards alternative fats due to health and environmental considerations.
