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Home Market Research Indonesia Agrochemical Market is driven by Growing Demand for Bio-Based Agrochemicals, Entry...

Indonesia Agrochemical Market is driven by Growing Demand for Bio-Based Agrochemicals, Entry of New National and International Players, Support from Government and Increasing Need to Improve Crop Yield: Ken Research

“Migration of fall armyworm and other insect varieties coupled with frequent dry season prevalence in the country increased the demand for insecticides and herbicides in the country”.

 Growing Demand for Bio Pesticides and Other Organic Products: The Integrated Pest Management Program in the country promotes prevention, monitoring and controlled use of pesticides in order to minimize toxicity levels in crops produced. This has pushed the Indonesian farmers to shift towards organic-based products and bio-pesticides. In Indonesia, the middle and large scale industry of biopesticides are dominated by ‘Bacillus thuringiensis’ active ingredient which has its major usage in crop protection products. Other major bio-pesticides registered with Indonesia Pesticide The committee include Trichoderma koningii, Gliodadium, etc.

Market Dominance of International Players: Some of the leading international players in the Indonesia agrochemical market include Bayer, Syngenta, BASF, FMC, Corteva, and Nufarm. Most of these players established themselves in Indonesia quite long ago and therefore have succeeded in developing a successful brand name in the market. Their goodwill and brand name are the major reasons why farmers mostly prefer their products. Other strong points include an efficient distribution network, competitive product pricing, after-sales services, marketing, and advertising reach and research and development capability. 

Higher Demand for Herbicides and Insecticides: Herbicides occupy its major usage in crops including rice, palm oil, vegetables including onion, potatoes, and fruits including citrus, mangoes, and others. Indonesia, being a major producer of all the above crops requires a high amount of herbicides during the agriculture production process. Also, the country has suffered from prolonged dry spells in the past which increased the demand for insecticides in the country. However with the recent migration of new crop insect types such as ‘Fall Armyworm’, the demand for such products has increased in the market. 

Analysts at Ken Research in their latest publication Indonesia Agrochemicals Market Outlook to 2025- By Type of Pesticides (Herbicides, Insecticides, Fungicides, Bio Pesticides and Others), By Type of Crop Protection Product (Generic and Patented), By Form of Agrochemicals (Liquid, Granule and Powder), By Application (Cereals, Vegetables, Fruits and Plantations) and By Sales Regions (Java & Bali Region, Sulawesi, Sumatra and Kalimantan)” suggested that the agrochemical a market in Indonesia will grow by a CAGR of approximately 9.2% in terms of sales the value during the forecast period 2019-2015, owing to factors such as growing agriculture products demand, entry of new national and international players, new mergers and acquisitions and increased government support.

Key Segments Covered:-

By Types of Pesticides

Herbicides

Insecticides

Fungicides

Biopesticides and Others

By Type of Herbicides

Glyphosate

Paraquat

Atrazine

Others (including Metsulfuron, Acetochlor etc)

By Type of Insecticides

Pyrethroids

Abamectin

Rynaxypyr

Chlorpyrifos

Others (including Azadirachti, Bacillus thuringiensis)

By Type of Fungicides

Triazole

Strobilurin

Contact Fungicides including Propionic, Chlorothalonil

Others (including Carbendazim, Organomerkuri, Sodium Dichromate)

By Type of Crop Protection Product

Generic

Patented

By Form of Pesticide

Liquid

Granules

Powder

By Types of Crops

Cereals

Vegetables

Fruits

Plantation

By Type of Cereal Crops

Rice

Corn

Soybean

Others (including maize, barley and other cereal crops)

By Type of Vegetables

Onion

Chillies

Tomato

Potatoes

Cabbage

Others

By Type of Fruits

Citrus

Banana

Mango

Others (Including Guava, Mangosteen and other fruits)

By Type of Plantation:-

Oil Palm

Sugarcane

Rubber and Tea

Forestry

By Region

Java and Bali Region

Sulawesi

Sumatra

Kalimantan

Key Target Audience

Venture Capitalist Firms

Agrochemical Manufacturers

Raw Material Suppliers

Research & Development Institutes

Government Bodies & Regulating Authorities

Time Period Captured in the Report:-

Historical Period: 2014-2019P

Forecast Period: 2019P-2025F

Companies Covered:-

PT Syngenta Indonesia

PT Bayer Indonesia

PT Bina Guna Kimia (FMC)

PT Bima Kimia Nufarm

PT Corteva Agriscience

PT BASF Indonesia

PT UPL Indonesia

PT Agricon,

PT Dharma Guna Wibawa

Bingei Agung

PT Excel Meg Indonesia

PT BISI International Tbk

Key Topics Covered in the Report:-

Indonesia Agrochemicals Market Forecast

Indonesia Agriculture Market Analysis

Agrochemicals Products Market Indonesia

Agrochemicals Businesses Indonesia

Indonesia Crop Protection Business

Indonesia Herbicides Market Growth

Indonesia Insecticides Market

Indonesia Miticides Market Revenue

Indonesia Seed Treatment Market Revenue

Indonesia Plantations Agrochemicals Market

Java Agrochemicals Market Growth Rate

Bali Agrochemicals Market Future Outlook

PT Bima Kimia Nufarm Agrochemicals Market

PT Corteva Agriscience Agrochemicals Market

Top 10 Companies Indonesia Agrochemicals Market

Top 10 Companies Indonesia Crop Protection Market

For More Information On The Research Report, Refer To Below Link:-

Indonesia Agrochemicals Market Report

Related Reports by Ken Research:-

China Crop Protection Market Outlook to 2018 – Increasing Government Support for Bio Pesticides to Drives Revenues

India Biopesticides Market Outlook to 2020- Trichoderma and Bacillus Thuringiensis (BT) biopesticides to Lead the Future Growth

India Pesticides Market Outlook to 2020 – Rising Awareness among Farmers and Advent of Bio Pesticides to Shape Future Growth

Brazil Agrochemical Market Outlook to 2025 – By Type of Pesticides (Herbicides, Insecticides, Fungicides and others), By Generic and Patented, By Form of Pesticides (Liquid, Granules and Powder), By Market Structure (Organized and Unorganized Sector), By Type of Crops (Cereal Crops, Fruit Crops and Vegetable Crops), By Region (Mato Grosso, Parana, Sao Paulo, Rio Grande do Sul and Others)

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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