The market is dominated by domestic suppliers, as imports account for 8.8% of total market size in 2023. Households drive market demand, with household spending representing 68.9% of total demand in 2023. Indonesia has the sixth largest market size for meat and meat products regionally, with demand reaching USD16.5 billion in 2023. Japfa Comfeed Indonesia Tbk Pt is the largest company in Indonesia, generating 11.0% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 16.4% of total production value in 2023. The total number of companies increases in 2023, to 116,624 units. The costs of the industry increase by 5.1% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 29.9% of production value in 2023, the highest regionally. With production value of USD11.5 billion, Indonesia accounts for 2.9% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Meat and Meat Products in Indonesia: ISIC 1511. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Meat and Meat Products in Indonesia: ISIC 1511 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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