The Animal Fats Market in Indonesia shows a consistent trend from 2024 to 2028 with a steady increase in per capita consumption. In 2023, the value stood at 0.29 kilograms per capita. From 2024 to 2026, the per capita consumption remains stable at 0.3 kilograms. A slight increase is expected in 2027 and 2028, with the value reaching 0.31 kilograms per capita. This gradual rise suggests a moderate year-on-year growth, indicating a stable yet slow uptick in consumption patterns.
Key variations include:
- 2024 to 2025: No change (0.0%)
- 2025 to 2026: No change (0.0%)
- 2026 to 2027: 3.33% increase
- 2027 to 2028: No change (0.0%)
The Compound Annual Growth Rate (CAGR) over the last five years illustrates a slow but steady increase in per capita consumption of animal fats.
Future trends to watch for:
- Shifts in dietary preferences towards plant-based fats could impact future consumption of animal fats.
- Government health policies promoting healthier eating habits may also affect the market.
- Economic factors such as disposable income and inflation could influence per capita consumption rates.
- Technological advances in food processing might affect production and availability of animal fats.
