Forecast: Nonfat Dry Milk Domestic Consumption in Indonesia

In 2023, Indonesia's nonfat dry milk domestic consumption stood at 188.0 thousand metric tons. The forecasted data shows a steady increase in consumption from 2024 to 2028, starting at 191.0 thousand metric tons in 2024 and reaching 202.0 thousand metric tons by 2028. Year-on-year variations are approximately 1.5% to 1.6% annually. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is estimated at 1.44%.

Future trends to watch for:

  • Economic growth and rising disposable incomes in Indonesia, potentially boosting dairy consumption.
  • Changes in dietary preferences and increased consumption of health and wellness products.
  • Trade policies affecting the import of nonfat dry milk and domestic production capabilities.
  • Potential shifts in agricultural production due to environmental factors or technological advances.

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