The duck meat slaughtering industry in Indonesia has exhibited growth trends from 2013 to 2023, with a steady increase in volume. From 2013's 38.42 million units to 2023's 58.38 million units, the industry saw notable year-on-year changes, peaking at a significant 20.5% increase in 2017. The growth was interrupted slightly in 2020, displaying a -2.71% dip, likely due to global disruptions. However, the sector rebounded, recording year-on-year variations of 8.41% in 2021 and 2.71% in 2022. A five-year historical CAGR of 2.96% reflects consistent resilience in the market.
Forecasts predict continued growth, with a five-year CAGR of 2.03% expected from 2023 to 2028, cumulatively augmenting by 10.57%. By 2028, the slaughtering volume is anticipated to reach 66.41 million units, signifying sustained expansion.
Future trends to watch for include:
- Technological advancements in poultry farming, which could optimize production efficiency.
- Potential shifts in consumer preferences toward alternative proteins impacting demand dynamics.
- Regulatory changes affecting poultry industry standards and operations.
- Global market conditions and trade policies that may influence export potential.
