Cosmax Bio secures halal certification, eyes growth in Indonesia's health market
Cosmax Bio, a Korean original design manufacturer specializing in health functional foods, has obtained renewed halal certification for its Jecheon plant from the Korea Muslim Federation, the company said Monday.
This move is part of the company's broader strategy to expand into Indonesia, not only the world's largest halal market but also one of the fastest-growing health markets. According to Euromonitor, Indonesia's health functional food market is expected to reach approximately 3.65 trillion won ($2.5 billion) by 2028, highlighting strong growth opportunities.
Previously, companies seeking entry into Indonesia's food sector were required to obtain halal certification from the Indonesian Ulema Council. However, regulatory changes last year allowed KMF certification to be recognized through a cross-certification process, raising the standards for approval.
In response, Cosmax Bio thoroughly reviewed its manufacturing operations and included its newly established JelEx jelly production facility in the certification scope, opening the door for jelly-based health functional foods to enter the Indonesian market.
In addition to upgrading its production capabilities, the company has completed preparations for halal certification of two native Korean functional ingredients: perilla extract for eye health, and hydrangea leaf hot water extract, branded as Liserinje, for skin health and body fat reduction. Cosmax Bio plans to lead its Indonesian market strategy with Liserinje, highlighting its strength in the inner beauty sector.
"We are proud to be one step closer to introducing products made with native Korean ingredients," a Cosmax Bio spokesperson said. "By leveraging our affiliate Cosmax's strong network in Indonesia, we are confident in our ability to establish a solid foothold."
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