Indonesian Journal of Forestry Research
Vol 10, No 1 (2023): Indonesian Journal of Forestry Research

CONSUMER ACCEPTANCE AND ECONOMIC VALUE OF Cratoxylum formosum ESSENTIAL OIL

Muhamad Yusup Hidayat (Research Center for Ecology and Ethnobiology, National Research and Innovation Agency)
Ridwan Fauzi (Research Center for Ecology and Ethnobiology, National Research and Innovation Agency)
Grace Serepina Saragih (Research Center for Pharmaceutical Ingredients and Traditional Medicine, National Research and Innovation Agency)
Alfonsus H. Harianja (Research Center for Behavioral and Circular Economics, National Research and Innovation Agency)



Article Info

Publish Date
30 Apr 2023

Abstract

Cratoxylum formosum (Jack) Benth. & Hook.f. ex Dyer is one of the plant species that have the potential to be developed into an antibacterial and antioxidant essential oil product. This study was conducted to determine the value of organoleptic tests and the consumers' willingness to pay (WTP) for the three variants of Cratoxylum formosum essential oil products. For the parameters of colour, hedonic test values and score tests showed good results; panellists did not mind the pure and mixed Cratoxylum formosum essential oil colours. However, for fragrance parameters, the hedonic test showed a dislike score. Most panellists disliked the strong "scent of leaves" of pure C. formosum oil. The score test showed satisfactory values, the panellists accept the fragrance of Cratoxylum formosum essential oil, but it is necessary to add a more preferred scent mixture to reduce the strong original fragrance of the oil. The cost of production of Cratoxylum essential oil is Rp.7,259.23 (USD 0.48)/mL or Rp.72,592.30 (USD 4.84) for every 10 mL. Based on the cost of production, the appropriate selling value for every 10 mL of Cratoxylum essential oil is a minimum of USD 4.84.

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Journal Info

Abbrev

IJFR

Publisher

Subject

Agriculture, Biological Sciences & Forestry

Description

Indonesian Journal of Forestry Research (IJFR) was first published as Journal of Forestry Research (JFR) on November 2004. The last issue of JFR was Volume 10 Number 2 published on December 2013. The Journal of Forestry Research has been accredited by the Indonesian Institute of Sciences since 2008. ...