Barley beer production in Indonesia stood at 227.99 thousand metric tons in 2023. Analyzing the trends over the past decade, there was a significant decline in 2015, followed by gradual recovery and a more stable yet slow growth in recent years. Year-on-year variation over the last two years showed modest increases of 0.62% in 2022 and 0.6% in 2023. The compound annual growth rate (CAGR) over the last five years stood at 0.53%. Future forecasts suggest a steady increase, with the CAGR over the next five years expected to be around 0.48%, anticipating a production of 235.11 thousand metric tons by 2028.
Future trends to watch for:
- Potential impact of economic fluctuations on consumer demand.- Influence of regulatory changes on production practices.- Innovation and introduction of new barley beer variants.- Strategies by major breweries to capture market share.
