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 »
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 »
Indonesia Agritech Market Revenue, Shares, Size, Growth and Covid-19 Impact: Ken Research Sub Vertical Analysis: Fintech Trends: An encouraging response is observed from farmers when it comes to digitally monitoring their harvest cycles to gain access to institutional funding. In most cases farmers have reported a significant increase in profit margins due to digital intervention from the startups. Demand Analysis: Demand in the agri fintech sector is… Read More »
Future Outlook of Indonesia Agritech Market: Ken Research Buy Now Market Overview Indonesian Agricultural Sector Overview Indonesia ranks second in the agriculture, forestry, and fishing (as a % of GDP) among the Far East Asian countries. Agriculture has historically been a pillar of the Indonesian economy, making a significant contribution to the country’s strong economic growth. The Gross Domestic Product of Agriculture, Forestry,… Read More »
Indonesia Agritech Market records a growth of CAGR of ~39.7 % on the basis of revenue generated between FY’16 to FY’21 which is driven by improved internet access and government support: Ken Research Active initiatives taken by Government: Government launching initiatives such as Smart Farming 4.0, which includes technologies like Agriculture Drone Sprayer, Drone Surveillance, and Soil and Weather Sensors has resulted in increased focus on the Agritech space in Indonesia. Other initiatives such as Agriculture War Room (AWR), Kostratani, Depo Tani and Telkom Rice Digitization Program are… Read More »
Indonesia Agritech Market Outlook to 2026: Ken Research Buy Now The report titled “Indonesia Agritech Market Outlook to 2026: Driven by Innovative Startups and Influx of Foreign Investors” provides a comprehensive analysis of the Digital Agricultural market in Indonesia. The report focuses on the agritech market size, analysis of sub verticals such as Farming as a Service (FaaS), Agri Fintech, Market Access, AgriTech,… Read More »
