Indonesia Poultry Feed Market Outlook (2018 to 2032)
Synopsis
The above chart is Indonesia Poultry Feed Market Outlook (2018 to 2032)
Market Dynamics
the demand for poultry feed in indonesia is expected to increase significantly in the years leading up to 2032. this is largely due to a growing demand for chicken, eggs, and other poultry products as well as the expanding commercial poultry sector.
currently, indonesia boasts itself on one of the highest poultry meat consumption rate in asia, with an estimated 750,000 chickens slaughtered every day in the general territories of indonesia. this not only implies the high demand for poultry feed for fattening and layer performances, but it also implies a higher domestic production of poultry feed.
to meet the increasing demand, current poultry feed demand in indonesia is mostly supplied by local domestic producers. in the manufacturing of poultry feed, indonesian manufacturers tend to use ingredients such as fish meal formulae, lysine, e.g. amino acids, and high fiber ingredients, to get higher performance from broilers, layers, ducks and etc..
in addition, the indonesian poultry sector is focusing on the development of fully-integrated farm operations, which means that more and more poultry producers are investing in the installation of feed mills and increasing their feed production capacity. this shift in production mode not only helps to reduce costs, but also ensures quality and consistency in input and output.
the growth in demand for poultry feed in indonesia is also supported by the government’s strong policy supportive for the industry, such as minimum price setting, petroleum tariffs, farm price subsidies, and favorable policies on import, export and investment. furthermore, the government’s commitment to expand the indonesian poultry sector by increasing its commercial focus and investment in r&d will surely contribute to securing and sustaining the sustained growth of poultry feed demand.
in conclusion, the demand for poultry feed in indonesia is expected to increase significantly with its continuing strong poultry sector growth trend, rising consumer demand for poultry products, and the government’s positive policies in this regard. it is expected, that in the next decade, the demand and production of poultry feed in indonesia will prepare for a major growth spurt.