| Product Code: ETC334348 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Indonesia`s natural extracts market experienced a 3.92% growth in imports from 2023 to 2024, following a compound annual growth rate (CAGR) of -4.99% from 2020 to 2024. This shift in import momentum could be attributed to evolving consumer preferences or changes in global trade dynamics impacting market stability.
The Indonesia natural extracts market is estimated to reach USD 8.1 billion, registering a CAGR of 5.5% during the forecast period. The increasing demand for health and wellness products across the country is one of the major factors driving the growth of this market. Additionally, rising disposable income among urban population, growing consumer awareness about natural product ingredients, and increasing government initiatives are also contributing towards boosting its growth in the coming years.
The natural extracts market in Indonesia is poised for substantial growth due to various drivers. The increasing preference for organic and natural products across industries, including food, beverages, cosmetics, and pharmaceuticals, is a major factor. Consumers` awareness of the potential health benefits offered by natural extracts drives demand. Moreover, the abundant biodiversity in Indonesia provides a rich source of diverse natural ingredients, further fueling the market`s growth.
The Indonesia Natural Extracts market is on an upward trajectory fueled by rising interest in herbal remedies and cosmetics. Still, challenges persist. Biodiversity conservation is crucial as extensive plant extraction can strain ecosystems. Inadequate standardization and quality control may undermine product efficacy and safety. Regulatory compliance for export-oriented extracts requires attention. Overcoming these challenges requires sustainable sourcing, industry-wide quality standards, investment in research, and alignment with international regulations.
The myrrh oil market in Indonesia was not immune to the disruptions caused by the pandemic. Supply chain interruptions and decreased consumer spending affected the market. However, as the global economy recovers, demand for essential oils, including myrrh oil, is expected to regain traction.
The Indonesia natural extracts market is expected to witness significant growth due to rising demand for natural and organic products. Key players in this market may include companies like PT Indesso Aroma and Sabinsa Indonesia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Natural Extracts Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Natural Extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Natural Extracts Market - Industry Life Cycle |
3.4 Indonesia Natural Extracts Market - Porter's Five Forces |
3.5 Indonesia Natural Extracts Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Indonesia Natural Extracts Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Natural Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of natural extracts in Indonesia |
4.2.2 Growing demand for organic and sustainable products in the market |
4.2.3 Government initiatives promoting the use of natural extracts in various industries |
4.3 Market Restraints |
4.3.1 High production costs associated with extracting natural ingredients |
4.3.2 Limited availability of raw materials for natural extracts |
4.3.3 Lack of standardized regulations and quality control measures in the industry |
5 Indonesia Natural Extracts Market Trends |
6 Indonesia Natural Extracts Market, By Types |
6.1 Indonesia Natural Extracts Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Natural Extracts Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Indonesia Natural Extracts Market Revenues & Volume, By Essential Oils, 2021-2031F |
6.1.4 Indonesia Natural Extracts Market Revenues & Volume, By Oleoresins, 2021-2031F |
6.1.5 Indonesia Natural Extracts Market Revenues & Volume, By Herbal Extracts, 2021-2031F |
6.1.6 Indonesia Natural Extracts Market Revenues & Volume, By Natural Colors, 2021-2031F |
6.1.7 Indonesia Natural Extracts Market Revenues & Volume, By Dried Crops, 2021-2031F |
6.2 Indonesia Natural Extracts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Natural Extracts Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.2.3 Indonesia Natural Extracts Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.4 Indonesia Natural Extracts Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.5 Indonesia Natural Extracts Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.6 Indonesia Natural Extracts Market Revenues & Volume, By Nutraceuticals, 2021-2031F |
6.2.7 Indonesia Natural Extracts Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Natural Extracts Market Import-Export Trade Statistics |
7.1 Indonesia Natural Extracts Market Export to Major Countries |
7.2 Indonesia Natural Extracts Market Imports from Major Countries |
8 Indonesia Natural Extracts Market Key Performance Indicators |
8.1 Percentage increase in the adoption of natural extract products by consumers |
8.2 Number of new product launches featuring natural extracts |
8.3 Growth in the number of companies investing in research and development of natural extracts technologies |
9 Indonesia Natural Extracts Market - Opportunity Assessment |
9.1 Indonesia Natural Extracts Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Indonesia Natural Extracts Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Natural Extracts Market - Competitive Landscape |
10.1 Indonesia Natural Extracts Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Natural Extracts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |