Forecast: Fish Meal Production in Indonesia

The forecasted fish meal production in Indonesia shows a consistent upward trend from 28.0 thousand metric tons in 2024 to 33.0 thousand metric tons by 2028. This indicates an annual growth trajectory with a year-on-year increment ranging between 3.4% and 6.9%. The compound annual growth rate (CAGR) over the five years is estimated to be around 4.1%, indicating sustained growth in the sector.

Future trends to watch for:

  • Technological advancements in fish meal processing may drive efficiency and quality improvements.
  • Changes in international trade policies affecting the supply and demand dynamics of fish meal.
  • Sustainable fishing practices and regulations that may impact the availability of raw materials.
  • Shifts in global aquaculture trends influencing the demand for fish meal.

Top Countries about Aquaculture