Growing Green: Indonesia Government initiatives give an edge to the Agriculture Equipment Market to grow in Indonesia: Ken Research Agriculture has been the backbone of Indonesia’s economy and agriculture equipment is one of the important aspects of the farming industry. The agriculture equipment sector is growing at a CAGR of ~9 between 2014 and 2020, as per the Ken Research report. However, the market was impacted by the global pandemic. Here is a glimpse… Read More »
From Plows to High-Tech Machinery: Will Myanmar’s Agriculture Market sustain positive growth in the future?: Ken Research Myanmar Agriculture equipment has been growing with a growth rate of 25% between 2014 and 2020. The growth is attributed to rising labor wages in the country and increasing government initiatives toward the development of the agriculture equipment industry. However, the market has several growth restraints that hold back its growth. So, what does the… Read More »
Investment in India Agri-tech market grew exponentially at a CAGR of 178%. Read more to know the cause of it: Ken Research Investment in India’s Agri-tech market grew exponentially at a CAGR of 178%. Read more to know the cause of it: Ken Research India’s immense cargo-ecological diversity is the major reason for making it a global agricultural powerhouse. The agriculture sector is a significant contributor to India’s economy which accounts for nearly 16 percent of the… Read More »
The US Agrochemical Market has been observed to grow by USD 16 Bn in 2019- What will ensure further growth of the industry in future? Growing food demand has promoted agrochemical-based institutions to upgrade their product and switch to greener alternatives by investing in research activities, says a report by Ken Research. 1. Trends and Developments to keep ahead in the US Agrochemical. Other Challenges In US Agrochemical Market Aggregate pesticide use has a direct impact on planted acreage. Acreage… Read More »
The Europe Agrochemical Market is anticipated to grow by EUR 6 Mn in 2025- Which factors will ensure the fulfilment of its targeted growth? More than 70% of the crop protection market in Europe is captured by five countries namely Spain, France, Italy, Germany and Poland on the basis of volume of crop protection products sold in the countries, says a report by Ken Research. 1. Challenges faced by the Agrochemical Market of Europe and the impact it leaves… Read More »
Diffusion of technology and rising government initiatives will enable the Agri-tech market to reach INR 11,000 Cr by 2025 in India The Agricultural sector of India is undergoing a catalytic transformation. The industry is imbibing and adopting innovative technologies to improve the efficacies of farming operations, thereby enhancing yield. This has led the Agri-tech industry in India to grow at ~85% growth rate and the market is poised to reach ~11,000 Cr by the next five… Read More »
Various Government Initiatives Help The Indian Agritech Industry Revenue to Reach Almost INR 11,000 Cr By 2025; Will The Growth Sustain? Ken Research Government initiatives such as upgrading of ~22,000 rural haats into Gramin Agricultural Markets, development of 1000 new FPOs, connecting additional 195,000 villages with paved roads by 2025, are expected to supplement the industry’s growth, as per findings released by Ken Research. 1. Government to set up 1,000 farmer producer organizations, allocates nearly, Rs 7,000 crore.… Read More »
The AgriTech market in Indonesia generated a revenue of USD 240 million in 2021. What are the key trends for this growth? : Ken Research There is a total of 37 million adults employed in the Agriculture Sector in Indonesia with 25 million farmers and 12 million fishermen. The workers in the agricultural industry still received one of the lowest wages in the country. Ambitious government initiatives, rising adoption of digital services, increased investment by foreign investors, and the emergence… Read More »
Global Eubiotics Market is expected to reach ~USD 8 Bn by 2028F: Ken Research Global Eubiotics Market By Geography The Global Eubiotics market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. Europe held the largest market share in 2022, because of the region’s strict rules and regulations that forbid the use of antibiotics, the existence of major market players, and awareness of the use of Eubiotics… Read More »
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 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… Read More »
