Meat production in Malaysia has shown a varied trend from 2013 to 2023, reaching 2.1447 million metric tons in 2023. The data reveals periods of growth and decline with an overall upward trajectory. Between 2022 and 2023, the year-on-year increase was 1.75%. The Compound Annual Growth Rate (CAGR) over the last 5 years was 2.14%.
Forecasts from 2024 to 2028 project a continued increase in meat production, with the CAGR estimated at 1.35%. Specifically, the meat production is expected to grow by 6.95% over this period.
Future trends to watch for include technological advancements in meat production, sustainability issues, and potential changes in dietary preferences influenced by health and environmental considerations. Monitoring these factors will be crucial to understanding the meat production landscape in Malaysia.
