openPR Logo
Press release

4 tailwinds that will make Indonesia Agritech Market a USD 900 Mn market by 2026. Will Indonesia be able to achieve that mark? Ken Research

05-25-2023 01:28 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research Pvt .Ltd

4 tailwinds that will make Indonesia Agritech Market a USD 900 Mn

Indonesia's Gross Domestic Product of Agriculture, Forestry, and Fishery was USD 158 billion in 2021. Moreover, the Agritech Market in Indonesia is expected to grow due to the increasing adoption of digital farming tools and government initiatives that make lending easier. The market is expected to exhibit an upward trend in terms of value over the forecast period FY'22-FY'26, outperforming previous years, with the market consistently expanding. AgriTechs will reshape value chain relationships and create entirely new ecosystems.

Click to Read Full Article: Indonesia Agritech Market
https://www.kenresearch.com/agriculture-and-animal-care/farming/indonesia-agritech-market-outlook-to-2026/536294-104.html

1. Agriculture, being the pillar of Indonesian economy accounted for around 13.28% of country's Gross Domestic Product (GDP)

The Gross Domestic Product of Agriculture, Forestry, and Fishery in Indonesia stood at USD 158 Billion in the year 2021 growing at a CAGR of 5.8% during 2016 to 2021. GDP of Agriculture, Forestry, and Fishery can further be divided into five broader components namely plantation crops, food crops, fishery, livestock, and horticulture. The plantation crops like palm oil, rubber, coconut dominate the agricultural landscape attracting interest from large agribusinesses in the global supply chain constituting 26.4% of the agricultural GDP. More than 40% of the Agricultural GDP is contributed by Food Crops like rice, wheat, soybean and Fishery sector.

Request a Free Sample to learn more about the report: Click here
https://www.kenresearch.com/sample-report.php?Frmdetails=NTM2Mjk0

2. Almost 50 AgriTech Startups are spread across the 13 cities of Indonesia

These 50 startups are spread across 13 cities of Indonesia providing great opportunities for the Agritech sector to emerge. Emerging unicorn iGrow in the Agritech market of Indonesia is established in Yogyakarta city. Another unicorn TaniHub is established in Jakarta which is a hub for 18 startups already. Currently, it operates from five regional offices and distribution hubs located in Jakarta, Bogor and Bandung in West Java, and Yogyakarta and Surabaya in East Java. These startups are contributing towards the agritech market by their innovations and new product range.

Visit this Link: - Request for custom report
https://www.kenresearch.com/ask-customization.php?Frmdetails=NTM2Mjk0

3. Indonesia's growing agritech startups have attracted millions of dollars in investment.

Request free 30 minutes analyst call
35% of the startups are funded by foreign investors and 30% are funded by domestic investors. Examples of startups which are domestically funded are Eragano, Magalarva, Pasarnow, etc. All the 17 startups are funded by Private Equity Venture Capitalist and none is funded by Angel Investors. Examples are Kandang, Kedai Sayur, eFishery, etc. Furthermore, TaniGroup, has closed USD 10 million Series A funding, led by Singapore-headquartered venture capital firm, Openspace Ventures, with participation from investment firms.

Request free 30 minutes analyst call
https://www.kenresearch.com/book-a-discovery-call.php?Frmdetails=NTM2Mjk0

4. Rising Adoption of Data Analytics, Artificial Intelligence & Geo-Tagging Among Agritech Players is the future of Agritech Space in Indonesia.

Implementation of data science algorithms & analytics using artificial intelligence & machine learning is going to amplify greatly. Additionally, startups would be able to predict demand & supply, route planning using data in case of supply chain & output access. Moreover, Geospatial Tech & Geo-Tagging technology will enable startups to leverage geospatial & remote sensing data to create better & scalable agri solutions, without any unnecessary details. Also, there will be a widespread adoption of drones for pesticide spraying etc, especially among medium & large farmers with rising affordability. Furthermore, autonomous & semi-autonomous farm robots will be used by cooperatives & large farmers for labor-intensive activities like weeding, spraying, and harvesting that have high human error rates.

India

Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release 4 tailwinds that will make Indonesia Agritech Market a USD 900 Mn market by 2026. Will Indonesia be able to achieve that mark? Ken Research here

News-ID: 3066507 • Views:

More Releases from Ken Research Pvt .Ltd

Ken Research Stated Malaysia's Automotive Aftermarket Service Market to Reach MYR 35 billion
Ken Research Stated Malaysia's Automotive Aftermarket Service Market to Reach MY …
Comprehensive market analysis highlights demand surge from aging vehicles, digital adoption, and multi-brand dominance reshaping Malaysia's aftersales ecosystem. Delhi, India - September 30, 2025 - Ken Research released its strategic market analysis titled "Malaysia Automotive Aftermarket Service Market Outlook to 2028," revealing that Malaysia's automotive aftermarket service industry valued at MYR 35 billion based on a five-year historical analysis. The report extends forecasts through 2028, detailing how growth will be driven
Malaysia Ophthalmology Surgery Market - Ken Research Stated the Sector Valued at ~RM 1150 million with Strong Growth Potential
Malaysia Ophthalmology Surgery Market - Ken Research Stated the Sector Valued at …
Comprehensive market analysis maps demographic demand shifts, technological adoption, and strategic imperatives for providers in Malaysia's evolving surgical eye-care ecosystem. Delhi, India - September 30, 2025 - Ken Research released its strategic market analysis titled "Malaysia Ophthalmology Surgery Market Outlook to 2029," revealing that Malaysia's ophthalmology surgery market is valued at RM 1150 million. The comprehensive analysis details how cataract procedures, refractive surgeries, and micro-invasive glaucoma surgeries (MIGS) are expected to
Philippines Medical Devices Market Crosses USD 1550 million Milestone - Latest Insights by Ken Research
Philippines Medical Devices Market Crosses USD 1550 million Milestone - Latest I …
Comprehensive market analysis maps demand acceleration, regulatory clarity, and capital allocation priorities across a high-growth, import-reliant ecosystem. Delhi, India - September 30, 2025 - Ken Research released its strategic market analysis titled "Philippines Medical Devices Market Outlook to 2028," revealing that the Philippines medical devices market has reached ~USD 1550 million. The analysis details how Universal Health Care (UHC) rollout, hospital infrastructure upgrades, and Metro Manila's concentration of premium providers are
Vietnam Used Car Market Crosses VND 1,60,000 billion Milestone - Latest Insights by Ken Research
Vietnam Used Car Market Crosses VND 1,60,000 billion Milestone - Latest Insights …
Comprehensive market analysis maps demand shifts, digital disruption, and strategic imperatives shaping Vietnam's secondary auto ecosystem through 2028. Delhi, India - September 26, 2025 - Ken Research released its strategic market analysis titled "Vietnam Used Car Market Outlook to 2028," revealing that Vietnam's used car market is valued at VND 1,60,000 billion. The comprehensive analysis details how transaction volumes are set to accelerate as organized dealers, OEM-certified programs, and digital-first marketplaces

All 5 Releases


More Releases for Indonesia

Indonesia Oil and Gas Market Size, Share Projections 2031 by Key Manufacturer- P …
USA, New Jersey: According to Verified Market Research analysis, the global Indonesia Oil and Gas Market size was valued at USD 281.50 Billion in 2024 and is projected to reach USD 499.94 Billion by 2032, growing at a CAGR of 7.66% during the forecast period 2026-2032. What is the current outlook and growth potential of the Indonesia Oil and Gas Market? The Indonesia Oil and Gas Market is showing signs of gradual
Indonesia Amino Acid Fertilizer Market Anticipated for Positive Growth by 2031 | …
Indonesia Amino Acid Fertilizer Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Indonesia Amino Acid Fertilizer market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research
MICE Market to Witness Massive Growth with PT Pamerindo Indonesia, GEM INDONESIA
HTF MI Published the Latest Global MICE Market Study that provides by in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and forecast. Revenue for MICE Market has grown substantially over the six years to 2022 as a result of strengthening macroeconomic conditions and healthier demand, however with current economic slowdown Industry Players are seeing the big impact in operations and identifying ways to keep momentum.
Overview of Indonesia MICE Market | SHIFTinc, Venuerific Indonesia, Werkudara Gr …
Astute Analytica, a leading provider of market research and analysis, released its highly anticipated Market Analysis Report on the Indonesia MICE Market. This comprehensive report aims to equip businesses with invaluable insights and data, enabling them to make informed decisions and stay one step ahead of the competition. Access the Comprehensive PDF Market Research Analysis Report Here:​​​​​​​ https://www.astuteanalytica.com/request-sample/indonesia-mice-market Indonesia MICE Market was valued at US$ 2,095.95 million in 2022 and is
Clinical Laboratory Market in Indonesia, Clinical Laboratory Industry in Indones …
"Increase in healthcare expenditure from the Indonesian government has driven the growth of clinical laboratory market in Indonesia." Increase in Healthcare Awareness: Largely driven by increase in healthcare spending by aging population (~$ 260 per person by 2050), rising income levels, rising awareness for preventive testing, advanced healthcare diagnostic tests offerings, and central government's healthcare measures. Developments in Testing and Preference for Evidence based testing: There is also a rising number
Baby Food Sector in Indonesia Market 2019 By PT Nestlé Indonesia, Danone, PT Ka …
"The Baby Food Sector in Indonesia, 2018", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Indonesian market. Dietary habits have inhibited sales of commercially prepared baby foods in Indonesia. With the exception of Jakarta, many Indonesians have a traditional diet, based on rice, fresh fruit, and vegetables, supplemented with meat, although, 80% of the population is Muslim, and do not