Herbal Industry Only Grows 5%: http://industri.bisnis.com/read/20171219/257/717645/industri-jamu-hanya-tumbuh-5/19 December 2017
Herbal industry decreased due to the circulation of illegal products. Market growth this year is estimated to reach only 5%, far from the projection of the Ministry of Industry by 10%.
Chairman of the Association of Indonesian Herbal and Traditional Medicine (GP Jamu), Dwi Ranny Pertiwi Zarman said, illegal products that are free to circulate, threatening the herbal industry. Currently there are 986 herbal industries consisting of 102 traditional medicine industries (IOT) and the rest are included in Small Traditional Medicines (UKOT). Not all herbal entrepreneurs have decreased business this year. Some producers who have products with guaranteed quality and active promotions experience high growth.
Therefore, Dwi hopes the government can provide marketing training through online media for the herbal industry players, especially small scale industries. Moreover, illegal herbal products are now widely in the market through online sales.
This Year Herbal Medicine Industry Slows Down:https://ekbis.sindonews.com/read/1148930/34/tahun-ini-industri-jamu-tumbuh-melambat-1476985648/21 October 2016
Global economic conditions that have not fully recovered in the year 2016, enough to affect the growth of herbal medicine industry in Indonesia. The herbal medicine industry is projected to grow only about Rp.3 trillion.
Chairman of the Association of Indonesian Herbal and Traditional Medicines (GP Jamu) Central Java, Nyoto Wardoyo said the market condition of herbal medicine industry in Central Java in 2016 is not as good as last year. Despite growth but not as big as the previous year.
"The slowing growth is due to the impact of the global economy that has not fully recovered so that the condition also affects the demand for herbal medicine in the world market," he said on Thursday (20/10/2016).
Until the end of 2016, the Indonesian herbal medicine industry projected turnover around Rp.20 trillion. The number is growing thin compared to last year's achievement of Rp.17 trillion.
Herbal Medicine Products Manufacturing in Indonesia
Indonesia Industry Report and Market Research
April 16, 2018
Industry Code : C35224
Forecast to : 2022
Definition
Herbal Medicine Products Manufacturing in Indonesia Manufacture of herbal drugs and herbal medicines for human use.
Activities
The primary activities of firms in this industry are:
The Herbal Medicine Products 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.