JAKARTA - The Ministry of Trade (Kemendag) said that the culinary sector is still the business most interested in franchise businesses.
"Indeed, based on existing data, the number of franchise actors who were first in the culinary category business is still around 40 percent of the franchise business," said Director of Trade Business Development Septo Soepriyatno in Jakarta, Wednesday.
The Ministry of Trade noted that until February 2025, there were 157 domestic franchise givers and 154 foreign franchise givers.
Of this number, the food & beverage (F&B) sector still dominates with a composition of 47.77 percent followed by beauty services, non-formal education, retail, and others.
The total turnover of franchise businesses in Indonesia in 2024 was recorded at IDR 143.25 trillion.
The potential for franchises in Indonesia is very large based on reports of business activities in 2024, franchises in Indonesia are able to absorb 97,872 local workers with a total turnover of IDR 143.25 trillion.
He said that all sectors have the same potential to develop more.
Therefore, the Ministry of Trade collaborates a lot with the community and also with universities to educate students to want to be entrepreneurs.
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According to him, the franchise business has excellent opportunities to increase Indonesia's economic growth.
Furthermore, Septo said, the franchise growth target in 2025 is expected to reach five percent.
"The target for growth is five percent, in 2024 there was still five percent. The challenge is that we try to reach areas outside Java and Sumatra," he added.
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