SINOQUAL & Indonesia BPJPH Halal certification helps Shanxi Jinbo Bio-Pharmaceutical Co., Ltd. - a 2023 Forbes China beauty-industry brand TOP100 enterprise - set sail into the blue ocean of the international Halal market

Under Indonesia''s Government Regulation No. 39 of 2021 on the implementation of the Halal product assurance authority, by October 17 of that year the Indonesian government would impose mandatory Halal certification on products entering, circulating, and traded within Indonesia. This time, with SINOQUAL''s assistance, Shanxi Jinbo Bio-Pharmaceutical Co., Ltd. obtained the Indonesia BPJPH Halal certification for its Type III and Type XVII small-molecule collagen series products, selling its high-quality collagen to the broader Indonesian market.

Shanxi Jinbo Bio-Pharmaceutical Co., Ltd. is a domestically leading and representative enterprise that has now achieved the industrialization of recombinant humanized collagen. Since its founding in 2008, over sixteen years, Jinbo Bio has always adhered to original innovation, and in collaboration with institutions such as Fudan University, the Institute of Biophysics of the Chinese Academy of Sciences, and Sichuan University, has completed the atomic structure analysis of 8 proteins and 1 peptide, which have been verified and included in the Protein Data Bank, providing an important structural basis for the progress of human collagen research. On July 20, 2023, Jinbo Bio was listed on the Beijing Stock Exchange, becoming the "first recombinant collagen stock" on the exchange.

As China''s first enterprise to obtain medical-device raw material registration, and a 2023 Forbes China beauty-industry brand TOP100, Shanxi Jinbo owns many brands such as "Jipin," "Zhongyuan," and "ProtYouth." This time, with SINOQUAL''s assistance, it obtained the Indonesia BPJPH Halal certification for its Type III and Type XVII small-molecule collagen series products, selling its high-quality collagen to the broader Indonesian market. In recent years, collagen has been widely used in the beauty, cosmetics, and medical industries.

As a major country with a Halal consumer population of 235.6 million, Indonesia has, since 2021, seen the consumption capacity for Halal cosmetics and pharmaceuticals continuously rise, becoming one of the three main pillars supporting the development of Indonesia''s Halal industry, with enormous market potential. According to the Secretary-General of Indonesia''s Ministry of Industry, the world''s Halal consumer population is expected to continue growing, reaching 2.2 billion - 26.5% of the total population - by 2030, so demand for Halal products will also keep growing in step.

FAQ

Which product of Shanxi Jinbo Bio obtained Indonesia''s Halal certification?
It obtained the Indonesia BPJPH Halal certification for its Type III and Type XVII small-molecule collagen series products. Jinbo Bio is a domestically leading enterprise in the industrialization of recombinant humanized collagen, listed on the Beijing Stock Exchange in July 2023, becoming the "first recombinant collagen stock," and a 2023 Forbes China beauty-industry brand TOP100.
What is the market potential for Halal cosmetics and pharmaceuticals in Indonesia?
Indonesia is a major Halal-consumer-population country; since 2021 the consumption capacity for Halal cosmetics and pharmaceuticals has continuously risen, becoming one of the three main pillars supporting the development of Indonesia''s Halal industry, with enormous market potential. According to data from Indonesia''s Ministry of Industry, by 2030 the world''s Halal consumer population is expected to reach 2.2 billion - 26.5% of the total population - and demand for Halal products will keep growing.