Fragrant Aroma of the Essential Oil Industry: https://indonesia.go.id/kategori/editorial/7767/harum-aroma-industri-minyak-atsiri?lang=1/20 November 2023
The Ministry of Industry is encouraging the downstream essential oil program. In 2022, Indonesia's export performance of essential oil products will reach USD172.9 million. The five main destination countries are the United States, India, France, China and Spain.
Apart from being rich in petroleum, Indonesia also has wealth that has not been widely processed, namely essential oils. This is one of the rich agro resources that has high economic value. This essential oil is needed in various advanced industries, such as as a raw material for the perfume, cosmetics, pharmaceutical and essence industries.
The Ministry of Industry optimizes downstreaming in the essential oil industry: https://industri.kontan.co.id/news/kemenperin-optimalkan-hilirisasi-pada-industri-minyak-atsiri/18 October 2021
The Ministry of Industry continues to encourage the development of the essential oil downstream industry sector (IHMA) so that it can be more competitive. Moreover, Indonesia has the potential for the availability of diverse raw materials, even being home to around 40 types of essential plants from the 99 types of essential plants in the world.
This is a potential for increasing economic value added through the domestic processing industry.
Essential oils have been used as industrial raw materials for essences, flavors and fragrances. The total production of Indonesia's main essential oils will reach 8,500 tons in 2020. Through educational programs regarding the potential for cultivation of raw materials and business opportunities in the IHMA sector, Indonesia will be able to grow more reliable producers of refined essential oils on the global stage.
Then, a massive socialization or campaign is needed so that processed essential oil products can become a lifestyle trend in the community, such as processed coffee products.
Volatile Oil Manufacturing in Indonesia
Indonesia Industry Report and Market Research
March 27, 2024
Industry Code : C35294
Forecast to : 2028
Definition
Volatile Oil Manufacturing in Indonesia This class consists of the manufacture of volatile oils, like: ginger oil, keningar oil, coriander oil, clove oil, cardamom oil, nutmeg oil, jasmine oil, cananga oil, rose oil, fragrant oil, lemongrass oil, patchouli oil, yellow sandalwood oil, eucalyptus oil, peppermint oil, and the oil of spices, grasses / bushes, leaves / wood which are not included elsewhere.
Activities
The primary activities of firms in this industry are:
The Volatile Oil Manufacturing industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.
