Indonesia's meat market volume has experienced various trends over the past decade. In 2023, the market stood at 3.39 million metric tons. From 2014 to 2023, the volume experienced fluctuations, notably a significant drop in 2020 (-16.6%) followed by a strong recovery in 2021 (21.09%). The CAGR over the past five years has been 0.38%. Forecasted data indicates a steady growth trend, with a projected volume of 3.47 million metric tons by 2028, implying a 5-year CAGR of 0.38% and an overall growth rate of 1.91%.
Future trends to watch for include changing consumer preferences, possible disruptions due to global trade dynamics, and the impact of economic policies aimed at boosting domestic meat production. Monitoring these factors will be crucial for understanding and anticipating market movements.
