Title: Indonesia Seeds Industry Report
1Indonesia Seeds Industry Report
2Increasing palm oil production, growth in
countrys horticulture sector, rising initiatives
of the government to surge rice production and
allocation of free seeds to farmers are expected
to drive Indonesia Seed Market in the future. The
agriculture sector of Indonesia has witnessed an
increased demand for wide varieties of seeds
overtime. Having vast and abundant fertile soil
has made Indonesia being considered amongst the
major agricultural countries in the world. As per
the Ministry of Agriculture (MoA), Indonesia
grows 77 types of carbohydrate-rich produce, 26
types of beans, 389 types of fruits, 228 types of
vegetables and 110 types of spices. An increased
focus of introducing hybrid seeds by the domestic
and global players in the space has significantly
boosted the market revenues over the recent past.
Rising demand for staple food crops including
rice and corn has resulted in augmented revenues
from the growing sales of seeds in the market.
3The continuous efforts of the government to
develop and expand the agricultural sector in
Indonesia included carrying out various programs
to assist the country in regaining its
self-sufficiency in rice. The government
introduced mechanized agricultural technology,
repaired the damaged agricultural infrastructure
and opened new rice fields to supplement rice
production in Indonesia. Ministry of Agriculture
(MoA) of Indonesia has been working towards
increasing the food crop production in the
country, by providing free seeds to farmers. MoA
will allocate 15.0 kg of hybrid corn seed per
hectare or 25.0 kg of composite corn seed per
hectare to the farmers of the country during
2017. The government of the Indonesia planned the
allocation of various types of seeds at no cost
for MY 2016-2017.
4Ken Research announced its latest publication on
Indonesia Seed Market by Types of Seeds (Fruits
and Vegetables Seeds, Grains and Cereals Seeds
and Plantation Crops Seeds), by Hybrid Seeds and
Non-hybrid Seeds, by Organized and Unorganized
Players, by Farmer Saved and Commercial Seeds
Outlook to 2021 suggested a rapid growth in
Indonesia seed market, majorly driven by rising
numbers of steps taken by the Ministry of
Agriculture to make Indonesia a self-sufficient
nation in food grains. Increasing use of hybrid
seeds and rising demand for staple food crops by
the population are attracting large number of
potential players to enter the space. Indonesia
Seed Market is projected to register a positive
CAGR of 8.1 during the period 2016-2021.
5For more information on the research report,
refer to below link https//www.kenresearch.com/a
griculture-and-animal-care/seed/indonesia-seed-mar
ket-revenue/142321-104.html Related Reports by
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Seed Market by (Open Pollinated, Hybrid and
Genetically Modified Seeds), by Crop Type (Wheat,
Soybean, Oats, Sorghum, Barley, Dry Bean, Maize,
Ryegrass, Triticale, Vegetable Seeds) - Outlook
to 2022
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