Adapting to Change: External and Internal Analysis of the Dietary Supplement Industry in Indonesia
List of Authors
Natalie Tasya Wibowo
Keyword
Dietary Supplement, Indonesia, Market Competition
Abstract
This study investigates the external and internal factors of the dietary supplement industry in Indonesia, especially post-pandemic. Using secondary data, the research identifies key factors driving market growth, including increased health awareness, the rise of e-commerce, and Indonesian people preference for natural and herbal products. The analysis also highlights company challenges such as intense market competition, regulatory, and economic conditions. Opportunities for local pharmaceutical companies are explored, emphasizing the potential for innovation and alignment with traditional medicine practices.