Product Code: ETC087887 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia Iodine Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 8.41% in 2025, the growth rate steadily ascends to 11.74% in 2029.
The Iodine market in Indonesia is projected to grow at a growing growth rate of 9.84% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Indonesia iodine market is estimated to be valued at USD 98.9 million in 2025 and is expected to register a compound annual growth rate (CAGR) of 4.3% between 2025 and 2031, due to the rising demand for iodized salt and increasing use of medical iodine across the country. The growing demand for food products with improved shelf life has also contributed significantly towards driving the market growth during this period. Additionally, an increase in investments by leading players into research & development activities in order to introduce innovative product solutions are further expected to fuel the market growth throughout forecast years.
Surge In Demand For Iodine Products From Pharmaceutical Industries : Due to its germicidal properties, iodine-based products have been widely used in pharmaceutical industries such as cosmetics, sterile dressings, catheters etc., thus contributing towards the overall revenue generation within Indonesia iodine industry over past few years. The popularity of these products amongst pharmaceutical companies has been on rise due their broad spectrum antibacterial activity which helps them meet stringent healthcare regulations set by respective authorities regarding quality control measures for consumer safety purposes
Increasing Prevalence Of Goiter Disease Amongst Population : Development of goiter disease amongst population living in rural areas coupled with lack of awareness about health benefits associated with consumption offood items supplemented through addition offortified salts containing adequate amountsof essential minerals & micronutrients like iodine have been playing crucial rolein fuelling sales volumeof related products across various trade channels which is likely to remain robustover forthcoming years.
The increasing cases of COVID-19 have had a negative impact on the Indonesia iodine market. This is due to the disruptions it has caused in the supply chain and other factors such as reduced purchasing power among people, restrictions on imports and exports, and so on. Additionally, with the closure of many health facilities due to lockdown measures, there has been a decrease in demand for iodine products from these facilities.
Some of the major challenges faced by this industry include lack of awareness regarding health benefits associated with iodine consumption, low availability of affordable iodized salt across Indonesia, unreliable source for quality iodine raw materials required for production activities, limited distribution channels leading to difficulties in accessing rural areas and inadequate storage conditions resulting in product wastage or contamination.
Some key players operating within the Indonesia iodine market are PT Abadi Indah Perkasa (AIP), PT Pertamina Persero (PERTAMINA), PT Sinar Mas Agro Resources & Technology Tbk (SMART), PT Indofood CBP Sukses Makmur Tbk., Unilever Indonesia Tbk., Gizi Superindo Food Industry & Trading Co., Ltd., Danone Aqua Indonesia, etc.
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 Iodine Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Iodine Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Iodine Market - Industry Life Cycle |
3.4 Indonesia Iodine Market - Porter's Five Forces |
3.5 Indonesia Iodine Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Indonesia Iodine Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Indonesia Iodine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Iodine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Iodine Market Trends |
6 Indonesia Iodine Market, By Types |
6.1 Indonesia Iodine Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Iodine Market Revenues & Volume, By Source, 2018 - 2031F |
6.1.3 Indonesia Iodine Market Revenues & Volume, By Caliche Ore, 2018 - 2031F |
6.1.4 Indonesia Iodine Market Revenues & Volume, By Underground Brines, 2018 - 2031F |
6.1.5 Indonesia Iodine Market Revenues & Volume, By Recycling, 2018 - 2031F |
6.1.6 Indonesia Iodine Market Revenues & Volume, By Seaweeds, 2018 - 2031F |
6.2 Indonesia Iodine Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Iodine Market Revenues & Volume, By Organic Compounds, 2018 - 2031F |
6.2.3 Indonesia Iodine Market Revenues & Volume, By Inorganic Salts & Complexes, 2018 - 2031F |
6.2.4 Indonesia Iodine Market Revenues & Volume, By Elemental & Isotopes, 2018 - 2031F |
6.3 Indonesia Iodine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Iodine Market Revenues & Volume, By X-Ray Contrast Media, 2018 - 2031F |
6.3.3 Indonesia Iodine Market Revenues & Volume, By Pharmaceuticals, 2018 - 2031F |
6.3.4 Indonesia Iodine Market Revenues & Volume, By Optical Polarizing Films, 2018 - 2031F |
6.3.5 Indonesia Iodine Market Revenues & Volume, By Catalyst in Polymer Processing, 2018 - 2031F |
6.3.6 Indonesia Iodine Market Revenues & Volume, By Animal Feed, 2018 - 2031F |
6.3.7 Indonesia Iodine Market Revenues & Volume, By Fluorochemicals, 2018 - 2031F |
6.3.8 Indonesia Iodine Market Revenues & Volume, By Others , 2018 - 2031F |
6.3.9 Indonesia Iodine Market Revenues & Volume, By Others , 2018 - 2031F |
7 Indonesia Iodine Market Import-Export Trade Statistics |
7.1 Indonesia Iodine Market Export to Major Countries |
7.2 Indonesia Iodine Market Imports from Major Countries |
8 Indonesia Iodine Market Key Performance Indicators |
9 Indonesia Iodine Market - Opportunity Assessment |
9.1 Indonesia Iodine Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Indonesia Iodine Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Indonesia Iodine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Iodine Market - Competitive Landscape |
10.1 Indonesia Iodine Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Iodine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |