Indonesia Meat Market (2023-2029) | Forecast, COVID-19 IMPACT, Value, Growth, Size, Companies, Revenue, Industry, Share, Analysis, Outlook & Trends

Indonesia Meat Market Highlights

Report Name	Indonesia Meat Market
Base Year	2022
Historical Period	2019-2022
Forecast Period	2023-2029
Growth Rate (CAGR)	7.71%
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Product, By Type, By Distribution Channel
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
Pricing and Purchase Options	Avail customization purchase option to know the exact pricing of your research needs

Topics Covered in the Indonesia Meat Market Report

The Indonesia Meat market report thoroughly covers the market by product, by type, by distribution channel and competitive landscape. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Indonesia Meat Market Synopsis

The Indonesia Meat industry is mounting at a firm pace. The Indonesia meat market is a dynamic and rapidly growing sector within the country's agriculture and food industry. Driven by a rising population, increasing urbanization, and a growing middle class with changing dietary preferences, the demand for meat products, including chicken, beef, and pork, has been steadily rising. Poultry meat, particularly chicken, is the dominant protein source due to its affordability and widespread consumption. However, beef and goat meat also hold significant cultural and culinary importance. Indonesia has been working to boost domestic meat production, but it still relies heavily on imports to meet the high demand. The sector faces challenges such as improving supply chain infrastructure, ensuring food safety standards, and addressing environmental sustainability concerns associated with livestock farming. As consumer preferences evolve and the government seeks to promote self-sufficiency, the Indonesia meat market remains a key area of development and investment.

According to 6Wresearch, Indonesia Meat Market Size is projected to grow at a CAGR of 7.71% reaching a market volume of US$24.98bn during 2023-2029.  The growth of the Indonesia meat market is fueled by several key drivers. Firstly, Indonesia's rapidly expanding population, urbanization, and rising income levels have led to increased meat consumption, particularly among the growing middle class. Secondly, changing dietary preferences and a shift towards protein-rich diets have boosted demand for various meat types, including poultry, beef, and pork. Thirdly, the convenience of processed and packaged meat products has contributed to market expansion. Additionally, government initiatives to support domestic meat production and reduce reliance on imports have encouraged investments in the livestock sector. However, the market also faces challenges related to animal health, food safety, and sustainable production practices, which require ongoing attention to ensure long-term growth and sustainability.

COVID-19 Impact on Indonesia Meat Market

The pandemic had a significant stimulus on the Indonesia Meat Market Revenues. The Indonesia meat market, like many global food industries, was significantly impacted by the COVID-19 pandemic. During the initial phases of the pandemic, disruptions in supply chains, restrictions on movement, and reduced economic activity disrupted the meat market's operations. These disruptions included challenges in transporting animals and meat products, as well as labor shortages in processing facilities. Additionally, consumer behavior shifted due to health concerns and economic uncertainties, affecting demand for certain meat products. Despite these challenges, the meat market displayed resilience as it adapted to new health and safety protocols, increased e-commerce sales of meat products, and addressed supply chain issues. The pandemic highlighted the importance of resilient supply chains and the need for investments in food safety measures to ensure the ongoing stability of the Indonesia meat market.

Key Players in the Indonesia Meat Market

The Indonesia meat market features a diverse range of key players operating at various stages of the supply chain. In the production and processing sector, notable companies include Charoen Pokphand Indonesia, Japfa Comfeed Indonesia, and Sierad Produce, which are prominent in poultry and feed production. In the retail and distribution sector, modern supermarkets and hypermarkets like PT. Indofood CBP Sukses Makmur Tbk. (Indomaret) and PT. Hero Supermarket Tbk. play significant roles in supplying meat products to consumers. Further, few of the establishments have majority of the Indonesia Meat market share. Additionally, traditional wet markets and small-scale local producers remain important players in providing fresh meat to local communities. The market also includes international players in the form of global meat exporters and multinational fast-food chains, further diversifying the competitive landscape of the Indonesia meat market.

Market by Product

According to Ravi Bhandari, Research Head, 6Wresearch, the Indonesia meat market encompasses a variety of product categories, reflecting the diverse dietary preferences and cultural influences in the country. The primary product categories include poultry, beef, and processed meat products. Poultry, particularly chicken, dominates the market due to its affordability, versatility, and widespread consumption. Beef holds cultural significance and is commonly used in traditional Indonesian dishes, while goat meat is also popular. Additionally, the market features various processed meat products such as sausages, ready-to-eat meals, and canned meats, catering to modern consumer demands for convenience and quick meal solutions. Further, the Indonesia also hold a maximum market share of the Asia Pacific Meat Market. As consumer preferences evolve, the market continues to diversify, offering a wide range of meat products to meet the culinary and dietary needs of Indonesia's growing population.

Market by Distribution Channel

The distribution of meat products in the Indonesia meat market involves a multifaceted system of channels to reach consumers. Traditional wet markets, commonly found throughout the country, serve as crucial distribution hubs where local butchers and vendors offer fresh meat directly to consumers. Modern retail outlets, including supermarkets and hypermarkets, play a significant role, providing consumers with a wide variety of meat options, often sourced from both domestic and imported suppliers. Additionally, there is a growing presence of online platforms and e-commerce, enabling consumers to purchase meat products for home delivery or pickup. The foodservice industry, including restaurants, fast-food chains, and hotels, also constitutes a significant distribution channel for processed and prepared meat products. Furthermore, direct-to-consumer sales from small-scale producers and specialty shops contribute to the diversity of distribution channels, ensuring that a broad spectrum of consumers can access meat products across Indonesia.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Indonesia Meat Market Outlook
• Market Size of Indonesia Meat Market, 2022
• Forecast of Indonesia Meat Market, 2029
• Historical Data and Forecast of Indonesia Meat Revenues & Volume for the Period 2019 - 2029
• Indonesia Meat Market Trend Evolution
• Indonesia Meat Market Drivers and Challenges
• Indonesia Meat Price Trends
• Indonesia Meat Porter's Five Forces
• Indonesia Meat Industry Life Cycle
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Chicken for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Beef for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Pork for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Mutton for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Type for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Raw for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Processed for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Departmental Stores for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Specialty Stores for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Hypermarket/ Supermarket for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Online Sales Channel for the Period 2019 - 2029
• Historical Data and Forecast of Indonesia Meat Market Revenues & Volume By Others for the Period 2019 - 2029
• Indonesia Meat Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Distribution Channel
• Indonesia Meat Top Companies Market Share
• Indonesia Meat Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Meat Company Profiles
• Indonesia Meat Key Strategic Recommendations

Markets Covered

The Indonesia Meat market report provides a detailed analysis of the following market segments:

By Product

• Chicken
• Beef
• Pork
• Mutton
• Others

By Type

• Raw
• Processed

By Distribution Channel

• Departmental Stores
• Specialty Stores
• Hypermarket/ Supermarket
• Online Sales Channel
• Others