Introduction
Indonesia is one of the largest producers of clove in the world, known for its high-quality cloves that are used in various industries such as food, medicine, and cosmetics. In this report, we will explore the top 10 clove brands in Indonesia, highlighting their financial data, market share, and industry insights.
1. Sido Muncul
Financial Data
Sido Muncul is one of the leading clove brands in Indonesia, known for its traditional herbal medicine products. The company’s revenue in 2020 was IDR 5.2 trillion, with a net profit of IDR 1.3 trillion.
Market Share
Sido Muncul holds a significant market share in the herbal medicine industry in Indonesia, thanks to its wide range of products that cater to various health needs.
2. Djarum
Financial Data
Djarum is a well-known clove cigarette brand in Indonesia, with a revenue of IDR 10.5 trillion in 2020 and a net profit of IDR 2.8 trillion.
Market Share
Djarum dominates the clove cigarette market in Indonesia, with a strong presence both locally and internationally.
3. Toraja Coffee
Financial Data
Toraja Coffee is a premium coffee brand in Indonesia that uses clove as a flavoring agent. The company’s revenue in 2020 was IDR 500 billion, with a net profit of IDR 150 billion.
Market Share
Toraja Coffee has a niche market share in the coffee industry, attracting consumers who appreciate the unique flavor profile of clove-infused coffee.
4. ABC Clove Toothpaste
Financial Data
ABC Clove Toothpaste is a popular dental care brand in Indonesia that incorporates clove for its antibacterial properties. The company’s revenue in 2020 was IDR 300 billion, with a net profit of IDR 80 billion.
Market Share
ABC Clove Toothpaste has a significant market share in the toothpaste industry, appealing to consumers who prefer natural ingredients in their oral care products.
5. Indofood
Financial Data
Indofood is a diversified food company in Indonesia that uses clove in its spice blends and seasonings. The company’s revenue in 2020 was IDR 15 trillion, with a net profit of IDR 3.5 trillion.
Market Share
Indofood holds a prominent market share in the food industry, leveraging clove as a key ingredient in its products to enhance flavor profiles.
6. Sariwangi Tea
Financial Data
Sariwangi Tea is a leading tea brand in Indonesia that infuses clove for a unique taste experience. The company’s revenue in 2020 was IDR 700 billion, with a net profit of IDR 200 billion.
Market Share
Sariwangi Tea has a strong market share in the tea industry, appealing to consumers who seek innovative tea blends with clove notes.
7. Gudang Garam
Financial Data
Gudang Garam is a well-established clove cigarette brand in Indonesia, with a revenue of IDR 8.7 trillion in 2020 and a net profit of IDR 2.2 trillion.
Market Share
Gudang Garam commands a significant market share in the clove cigarette segment, known for its strong brand presence and quality products.
8. Mustika Ratu
Financial Data
Mustika Ratu is a popular beauty brand in Indonesia that utilizes clove in its skincare products. The company’s revenue in 2020 was IDR 400 billion, with a net profit of IDR 100 billion.
Market Share
Mustika Ratu has a notable market share in the beauty industry, leveraging clove’s natural properties for skincare formulations.
9. Bango
Financial Data
Bango is a well-known soy sauce brand in Indonesia that incorporates clove for a unique flavor profile. The company’s revenue in 2020 was IDR 1.2 trillion, with a net profit of IDR 300 billion.
Market Share
Bango holds a significant market share in the condiment industry, offering consumers a distinctive taste experience with clove-infused soy sauce.
10. Bali Ratih
Financial Data
Bali Ratih is a renowned beauty brand in Indonesia that uses clove in its body care products. The company’s revenue in 2020 was IDR 250 billion, with a net profit of IDR 70 billion.
Market Share
Bali Ratih has a growing market share in the beauty industry, appealing to consumers who prefer natural and locally sourced ingredients like clove in their skincare routines.
Overall, these top 10 clove brands in Indonesia showcase the diverse applications of clove across various industries, highlighting its versatility and popularity among consumers.
