The Minister of Cooperatives and Small and Medium Enterprises (MenkopUKM) encourages the downstream development of various kratom products, which has huge potential, with profits of up to IDR 90 million per kilogram (Kg). In a cabinet meeting, kratom was designated as a herbal medicine. It has product potential not only for the food and beverage or catering industry but also for the pharmaceutical and health sectors. It would be a shame to only sell raw materials. The price of extract is currently up to USD 6,000 per kg, equivalent to IDR 90 million. Furthermore, he stated that the technology for downstream production equipment is relatively cheap and easy to obtain. This technology is not difficult or expensive. In the future, the government will figure out whether to build a joint production plant or let the industry build its own. So far, India and the United States have been using it. Building a kratom leaf downstream processing to extraction plant costs around IDR 10 billion, while the extraction production equipment costs only about IDR 3.5 billion. The potential in this area is enormous, especially in Europe and America. They also hope that MSMEs do not produce the same products; they want to process downstream natural resources, plantation products, agricultural products, or marine commodities. Therefore, to supply the industry, even from this extract, the beverage industry can make energy drinks from kratom leaves. He ensures that kratom herbal plants are safe and not Class I narcotics. He does not deny that kratom is banned in the United States, but it is not because kratom is a narcotic, but due to the presence of E. coli.
He is optimistic about the downstream development of kratom products, especially since the Anugerah Bumi Hijau Producer Cooperative (Koprabuh) has conducted quite in-depth research. This can become raw material for the pharmaceutical, food and beverage industries, and other supply chains. Global demand for kratom leaves is increasing. According to Ministry of Trade data, since 2019, kratom leaf exports have been growing at a trend of 15.92% per year. One of Indonesia's main export destinations for kratom leaves is the United States. From January to May 2023, the US portion reached USD 4.86 million, accounting for 66.3% of Indonesia's total kratom exports. He hopes that other countries do not take advantage of the huge potential and profits of kratom. Meanwhile, the CEO of the Indonesian Koprabuh Cooperative stated that kratom products have entered the herbal and legal export category, with huge development potential. This term is green gold; it has greater potential than palm oil. Planting kratom leaves is not complicated; the key is that it must be near water sources, river basins, swamps, and lake shores. Even if they are flooded for three months, kratom trees continue to grow.
The Minister of Cooperatives and Small and Medium Enterprises (MenkopUKM) encourages the downstream development of various kratom products, which has huge potential, with profits of up to IDR 90 million per kilogram (Kg). In a cabinet meeting, kratom was designated as a herbal medicine. It has product potential not only for the food and beverage or catering industry but also for the pharmaceutical and health sectors. It would be a shame to only sell raw materials. The price of extract is currently up to USD 6,000 per kg, equivalent to IDR 90 million. Furthermore, he stated that the technology for downstream production equipment is relatively cheap and easy to obtain. This technology is not difficult or expensive. In the future, the government will figure out whether to build a joint production plant or let the industry build its own. So far, India and the United States have been using it. Building a kratom leaf downstream processing to extraction plant costs around IDR 10 billion, while the extraction production equipment costs only about IDR 3.5 billion. The potential in this area is enormous, especially in Europe and America. They also hope that MSMEs do not produce the same products; they want to process downstream natural resources, plantation products, agricultural products, or marine commodities. Therefore, to supply the industry, even from this extract, the beverage industry can make energy drinks from kratom leaves. He ensures that kratom herbal plants are safe and not Class I narcotics. He does not deny that kratom is banned in the United States, but it is not because kratom is a narcotic, but due to the presence of E. coli.
He is optimistic about the downstream development of kratom products, especially since the Anugerah Bumi Hijau Producer Cooperative (Koprabuh) has conducted quite in-depth research. This can become raw material for the pharmaceutical, food and beverage industries, and other supply chains. Global demand for kratom leaves is increasing. According to Ministry of Trade data, since 2019, kratom leaf exports have been growing at a trend of 15.92% per year. One of Indonesia's main export destinations for kratom leaves is the United States. From January to May 2023, the US portion reached USD 4.86 million, accounting for 66.3% of Indonesia's total kratom exports. He hopes that other countries do not take advantage of the huge potential and profits of kratom. Meanwhile, the CEO of the Indonesian Koprabuh Cooperative stated that kratom products have entered the herbal and legal export category, with huge development potential. This term is green gold; it has greater potential than palm oil. Planting kratom leaves is not complicated; the key is that it must be near water sources, river basins, swamps, and lake shores. Even if they are flooded for three months, kratom trees continue to grow.