Indonesia Crop Protection Chemicals Market Size, Share | 2031
Indonesia Crop Protection Chemicals Market Size, Share | 2031
Segments - Indonesia Crop Protection Chemicals Market Product Type (Herbicides, Fungicides, Insecticides, and Others), Origin (Synthetic and Bio-based), and Application (Grains & Cereals, Oilseeds & Pulses, Fruits & Vegetables, Turfs & Ornamentals, and Commercial Crops)- Indonesia Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :MC-6076
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| 164 Pages
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Report Description
Indonesia Crop Protection Chemicals Market Outlook 2031
The Indonesia crop protection chemicals market was valued at USD XX Bn in 2022 and is likely to reach USD XX Bn by 2031, expanding at a CAGR of XX% from 2023-2031. Increased prominence of crop-yielding techniques to achieve food security in the state is fueling the market.
Growing domestic demand for organically grown crops owing to increasing consumer preference for organic vegetables is driving the market. Increase in the population in the state led to the adoption of new farming techniques to achieve better food quality and safety. Furthermore, the expansion of the land for crop production resulted in the increased demand for crop protection chemicals in the country.
Farmers in the state are adopting advanced crop-yielding techniques within a land area of around 4 hectares per square foot for better crop production. Additionally, the government aims to provide fertilizer subsidies to boost the farmer's income, provide reasonably priced fertilizers, and increase the output of the production of crops per hectare.
Covid-19 Analysis
The COVID-19 hampered the Indonesia crop protection chemicals market. During the pandemic, that period, the production of crop yielding stopped due to strict government regulations, such as social distancing which resulted in no involvement of the farmers in the field. Moreover, many key players had to put their major projects on hold due to the disruption in supply chain management. It has resulted in limiting the import and export facilities of the region.
Indonesia Crop Protection Chemicals Market Dynamics
Major Drivers
Rising population and growing expenditure on protecting crops among farmers to improve yield are driving the demand for crop production in the country. As a result, it has increased the usage of crop protection chemicals in the state. Along with primal crop cultivation, the farmers are focusing on horticulture to increase the profits from exports of some crops, such as coffee, palm oil, and cocoa. These crops the superior quality standards applied by the governments to increase the country's GDP. For instance,
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In January 2021, the US exporters verify the full set of import requirements with their Indonesian customers (importers), equipped with local authorities before any goods are shipped which boosts the GDP of the state. The certificate should contain Bovine genetics and animal products intended for industrial use.
Consumer shift toward healthy food products has enhanced the usage of chemical-free fertilizers. According to the survey conducted by Foreign Agricultural Service biopesticides on vegetables and fruits was observed to gain the highest growth rate by 2025. The government is providing incentives to agribusiness and organizations to supplement their income and manage the supply of agricultural commodities, and schemes, such as PM PRANAM to promote the blanched use of chemical and alternative fertilizers, which in turn, is increasing the sale of crop protection chemicals.
Existing Restraints
Contamination of crop products with harmful residue hampers the market. The usage of harmful fertilizers reduces the quality of soil and pollutes the water required for crop production. Some of the crop protection chemicals used by farmers to increase crop production are unhealthy and cause skin-related diseases. This decreases the demand and usage of chemicals, thereby hindering the market.
Emerging Opportunities
Rising favorable policies by the government for better crop yield is expected to create favorable opportunities for the market. Advanced farming practices are initiated by the Ministry of Agriculture (MOA), in Indonesia, such as indoor and vertical farming. The government has increased the maximum retail price for crops and subsidies to support farmers, enhancing crop yield returns. Thus, the farmers are adopting crop protection chemicals to improve crop yield and profits. For instance,
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In February 2021, The Ministry of Agriculture (MOA) released Regulation No. 50/2020, which for the first time provides post-monitoring guidelines for the commercial cultivation of genetically engineered (GE) crops in Indonesia.
Growing demand for food production in the state leads to an increase in the usage of crop protection chemicals. Farmers seek effective solutions to protect their crops from pests, diseases, and weeds, thereby the adoption of crop protection chemicals is expected to increase in the coming years.
Indonesia Crop Protection Chemicals Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Indonesia Crop Protection Chemicals Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2020–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Product Type (Herbicides, Fungicides, Insecticides, and Others), Origin (Synthetic and Bio-based), and Application (Grains & Cereals, Oilseeds & Pulses, Fruits & Vegetables, Turfs & Ornamentals, and Commercial Crops) |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Agricon Indonesia; Agro Guna Makmur (AGM), PT; Biotis Agrindo, PT; CBA Chemical Industry, PT; Corteva Agriscience PT; BASF Indonesia; and Syngenta Indonesia PT |
Indonesia Crop Protection Chemicals Market Segment Insights
Product Type Segment Analysis
Based on product type, the Indonesia crop protection chemicals market is segregated into herbicides, fungicides, insecticides, and others. The insecticides segment dominated the market in 2022, as it helps farmers increase productivity by killing unwanted weeds and herbs growing alongside crop fields. Hence, insecticides help farmers boost the moisture of soil and remove unwanted insects, helping farmers practice advanced agro-solutions to increase crop production. For instance,
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In May 2022, SUZHOU ACE CHEMICAL TECHNOLOGY CO., LTD. (ACECHEM) is a high-tech agricultural service that develops proprietary exopolysaccharide products to improve organic farming solutions due to their natural safety, non-toxicity, and unique physicochemical properties.
The herbicides segment is projected to grow rapidly in the coming years. It helps farmers in getting rid of the weeds without affecting the moisture and nutrients of the soil that help increase productivity. The farmers are increasingly adopting herbicides in the crop field to eliminate the presence of any chemical pesticides before planting seeds. These increase the quality and quantity of crop production.
Origin Segment Analysis
In terms of origin, the market is bifurcated into synthetic and bio-based. The synthetic segment dominated the market in 2022, as it provides a fast release of nutrients into the soil, which provides fast crop growth. It intends to avert kill, repel, or destroy any pests. Additionally, some leading crop protection chemical manufacturing companies, such as BASF SE, are developing pest-specific synthetic crop protection chemicals, which causes less damage to the environment.
The bio-based segment is expected to register lucrative opportunities during the forecast period. Manufacturers use them as bio-based plant protection products and have a low impact on the environment. Furthermore, these products are derived from plants, which makes them ideal for the use, as they do not leave harmful residues in the water or soil.
Application Segment Analysis
Based on application, the Indonesia crop protection chemicals market is segregated into grains & cereals, oilseeds & pulses, fruits & vegetables, turfs & ornamentals, and commercial crops. The grains & cereals segment dominated the market in 2022, as they are the most staple food in the country. The protection of these crops from fungi diseases and pests is pivotal for good quality food production. Moreover, the high-quality services and growing usage of crop protection chemicals are projected to fuel the market.
Segments
The Indonesia crop protection chemicals market has been segmented on the basis of
Product Type
- Herbicides
- Fungicides
- Insecticides
- Others
Origin
- Synthetic
- Bio-based
Application
- Grains & Cereals
- Oilseeds & Pulses
- Fruits & Vegetables
- Turfs & Ornamentals
- Commercial Crops
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Agricon Indonesia
- Agro Guna Makmur (AGM), PT
- Biotis Agrindo, PT
- CBA Chemical Industry, PT
- Corteva Agriscience
- PT. BASF Indonesia
- Syngenta Indonesia PT
Competitive Landscape
Key players competing in the Indonesia crop protection chemicals market are Agricon Indonesia; Agro Guna Makmur (AGM), PT; Biotis Agrindo, PT; CBA Chemical Industry, PT; Corteva Agriscience PT; BASF Indonesia; and Syngenta Indonesia PT.
These companies are leveraging various business strategies and adopting development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide. For instance,
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In January 2022, Syngenta Crop Protection acquired two bioinsecticides from UK-based biocontrol NemaTrident and UniSpore, which provide customers with complementary technologies to sustainably manage resistance and insect pests.
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In March 2023, BASF SE tends to advance its innovation pipeline with integrated solutions to accelerate crop protection, seeds and traits, and digital solutions. It focuses on providing solutions for farmers to overcome local and crop system-specific pest pressures, climate challenges, and rising consumer expectations.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Crop Protection Chemicals Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Crop Protection Chemicals Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Crop Protection Chemicals Market - Supply Chain
4.5. Global Crop Protection Chemicals Market Forecast
4.5.1. Crop Protection Chemicals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Crop Protection Chemicals Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Crop Protection Chemicals Market Absolute $ Opportunity
5. Global Crop Protection Chemicals Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Crop Protection Chemicals Market Size and Volume Forecast by Applications
5.3.1. Grains & Cereals
5.3.2. Oilseeds & Pulses
5.3.3. Fruits & Vegetables
5.3.4. Turfs & Ornamentals
5.3.5. Commercial Crops
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Crop Protection Chemicals Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Crop Protection Chemicals Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Crop Protection Chemicals Demand Share Forecast, 2019-2026
7. North America Crop Protection Chemicals Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Crop Protection Chemicals Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Crop Protection Chemicals Market Size and Volume Forecast by Applications
7.4.1. Grains & Cereals
7.4.2. Oilseeds & Pulses
7.4.3. Fruits & Vegetables
7.4.4. Turfs & Ornamentals
7.4.5. Commercial Crops
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Crop Protection Chemicals Demand Share Forecast, 2019-2026
8. Latin America Crop Protection Chemicals Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Crop Protection Chemicals Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Crop Protection Chemicals Market Size and Volume Forecast by Applications
8.4.1. Grains & Cereals
8.4.2. Oilseeds & Pulses
8.4.3. Fruits & Vegetables
8.4.4. Turfs & Ornamentals
8.4.5. Commercial Crops
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Crop Protection Chemicals Demand Share Forecast, 2019-2026
9. Europe Crop Protection Chemicals Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Crop Protection Chemicals Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Crop Protection Chemicals Market Size and Volume Forecast by Applications
9.4.1. Grains & Cereals
9.4.2. Oilseeds & Pulses
9.4.3. Fruits & Vegetables
9.4.4. Turfs & Ornamentals
9.4.5. Commercial Crops
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Crop Protection Chemicals Demand Share Forecast, 2019-2026
10. Asia Pacific Crop Protection Chemicals Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Crop Protection Chemicals Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Crop Protection Chemicals Market Size and Volume Forecast by Applications
10.4.1. Grains & Cereals
10.4.2. Oilseeds & Pulses
10.4.3. Fruits & Vegetables
10.4.4. Turfs & Ornamentals
10.4.5. Commercial Crops
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Crop Protection Chemicals Demand Share Forecast, 2019-2026
11. Middle East & Africa Crop Protection Chemicals Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Crop Protection Chemicals Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Crop Protection Chemicals Market Size and Volume Forecast by Applications
11.4.1. Grains & Cereals
11.4.2. Oilseeds & Pulses
11.4.3. Fruits & Vegetables
11.4.4. Turfs & Ornamentals
11.4.5. Commercial Crops
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Crop Protection Chemicals Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Crop Protection Chemicals Market: Market Share Analysis
12.2. Crop Protection Chemicals Distributors and Customers
12.3. Crop Protection Chemicals Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Agricon Indonesia
12.4.2. Agro Guna Makmur (AGM), PT
12.4.3. Biotis Agrindo, PT
12.4.4. CBA Chemical Industry, PT
12.4.5. Corteva Agriscience
12.4.6. PT. BASF Indonesia
12.4.7. Syngenta Indonesia PT
Methodology
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