The crustaceans market in Indonesia has shown significant growth over the past decade, increasing from 0.674 million metric tons in 2014 to 1.45 million metric tons in 2023. The market experienced notable fluctuations, including a sharp rise in 2017 and a slight dip in 2020. The year-on-year growth for 2023 stood at 3.21%, with a compound annual growth rate (CAGR) of 3.16% over the past five years. Looking ahead, the market is forecasted to continue growing, reaching 1.68 million metric tons by 2028, with a forecasted 5-year CAGR of 2.39% from 2024-2028.

Future trends to watch for include:

Technological advancements in aquaculture.
Changes in consumer preferences towards sustainable and locally sourced products.
Impact of climate change on crustacean habitats.
Regulatory changes and their effects on the market.