The Indonesia seed sector analysis market size is anticipated to expand at a robust CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increasing demand for feed grains and horticultural products in the domestic market.
Seed sector analysis leads to the distribution of certified seeds to farmers. They preserve a portion of the yield to planting the next crop, which is in accordance to their usual seed replacement rate. The seed sector analysis market is an arrangement for the distribution of seed on the basis of requirement and production of seed, depending the demand in the country. Seed sector analysis helps to meet the constant supply of seed to the farmers by assuring the quality and quantity at reasonable price.
The demand for horticultural goods in Indonesia is exceeding the supply, resulting to rising imports from countries such as Thailand, the US, and China. Increasing imports is allowing seed breeders to tap into the untapped seed sector analysis market. By enabling farmers to sell their products directly in marketplaces, the Government of Indonesia hopes to reduce distribution chains and boost local production of high-quality fruits and vegetables. Fresh fruit and vegetable imports from these nations are mostly used in horticulture satiation in the country, since locally grown varieties fall short of foreign rivals in terms of quality.
The report on the Indonesia seed sector analysis market includes an assessment of the market, trends, segments and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Indonesia seed sector analysis - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Crops (Row Crops [Rice, Maize, Soybean, Groundnut, and Other Row Crops] and Vegetables [Chilli, Onion, Cabbage, Tomato, and Other Vegetables]) and Products (Hybrid Seeds, Conventional Seeds, and Varietal Seeds) |
Geographical Zone |
Indonesia. |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
|
Based on crops, the market is divided into row crops and vegetables. The row crops segment is further segmented into rice, maize, soybean, groundnut, and other row crops. The rice segment is expected to grow at a rapid pace during the forecast period. Rising demand for rice yield among growing population is driving the growth of the market segment. However, the maize segment is anticipated to hold a key share of the market in the coming years. Rising demand for maize production among the poultry industry is expected to fuel the market segment growth. On the other hand, the vegetable segment is sub-segmented into chilli, onion, cabbage, tomato, and other vegetables. The chilli segment is expected to grow at a rapid pace during the forecast period.
On the basis of products, the market is segregated into hybrid seeds, conventional seeds, and varietal seeds. The conventional seeds segment is projected to expand at a considerable CAGR during the forecast period. Conventional seed have superior taste, quality, and hardiness when compared to all other seed types. The hybrid seeds segment is anticipated to account for a major market share during the forecast period. They are easier and faster to cultivate then other variety seeds.
The Indonesia Seed Sector analysis market has been segmented on the basis of
Crops
Products
Country
Indonesia
Key Players
Some of the major players in the market are PT DuPont Indonesia; PT. Bayer Indonesia, Syngenta; PT Advanta Seeds; PT BISI International Tbk; PT East West Seed Indonesia; PT Asian Hybrid Seeds Technologies Indonesia; and Java Seed Indonesia.
To retain their client base in the country, these firms are using mergers and acquisitions for expansion, investing in research and agricultural sciences technologies, and expanding their product portfolio.
The Indonesia Seed Sector analysis market has been segmented on the basis of
Crops
Products
Country
Indonesia
Key Players
Some of the major players in the market are PT DuPont Indonesia; PT. Bayer Indonesia, Syngenta; PT Advanta Seeds; PT BISI International Tbk; PT East West Seed Indonesia; PT Asian Hybrid Seeds Technologies Indonesia; and Java Seed Indonesia.
To retain their client base in the country, these firms are using mergers and acquisitions for expansion, investing in research and agricultural sciences technologies, and expanding their product portfolio.
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