The demand for meat in Indonesia has shown a general upward trend from 2014 to 2023, with notable yearly fluctuations. In 2023, the meat demand stood at 3.39 million metric tons, marking a slight year-on-year increase of 0.47%. The compound annual growth rate (CAGR) over the past five years is 0.38%. Significant volatility was observed in 2020 with a sharp decline of 16.6%, likely due to the pandemic, followed by a robust recovery of 21.1% in 2021.
Looking ahead, future trends to watch for include changes in dietary preferences, urbanization, rising disposable incomes, and potential impacts of climate change on meat production. Indonesia's meat demand is projected to grow modestly, with a forecasted 5-year CAGR of 0.38%, leading to a total demand of 3.47 million metric tons by 2028.
