Indonesia being the largest economy in South East Asia, has made remarkable social, economic, and political achievements in its 7 decades of independence. The country’s economy has grown five-fold since the mid-1980s. With around 31% of the land put to agricultural use, it is expected that the agricultural growth is likely to increase during the upcoming years.
In Indonesia, majority of breeding experiments for crops are conducted by Government Institutions under the Ministry of Agriculture (Agency for Research and Development/AARD), Ministry of Education (Universities), Ministry of Research and Technology (BATAN, LIPI, BPPT), Ministry of BUMN (Sang Hyang Sri, Pertani), private companies (Syngenta, BISI, Dupont, East West, Bayer, etc), Indonesia Seed Association, provinces (for land races) and by farmers. Ministry of Agriculture through Directorate of food, Directorate of Horticulture, Center for Plant protection, Center for plant Quarantine administers regulates the variety released, plant variety protection, plant quarantine. Whereas, Province Agriculture Offices manage and control seed certification, seed distribution and seed control. Seeds are categorized as nuclear seed, breeder seed (BS), Foundation Seed (FS) and Stock Seed (SS).
MNCs, such as Monsanto’s involvement in the World Economic Forum Partnership for Indonesia Sustainable Agriculture ensures that the farmers are provided with post-harvest assistance and guaranteed maize grain procurement. Furthermore, East-West Seed’s resilience in collaboration with the Dutch development organization, Cordaid, in a livelihood project is improving the access of seeds to the farmers.
Some of the important seed companies in Indonesia include PT Bisi Indonesia, PT DuPont Indonesia, East West Seeds Indonesia, Syngenta, Monsanto, etc.
The major factors which are limiting the growth of the market are, the lack of knowledge of the benefits of using improved varieties and the stringent regulations of the government, including the New Plantations Law of 2014. The market is driven by factors such as increased consumption of horticulture products and the increasing concerns for food security in Indonesia.
The Indonesia seed market is segmented, based on crop type, which can be further segmented into grains and cereals, vegetables and others with grains and cereals occupying the majority of the market share in the Indonesia seed industry. The grains and cereals can further be separated/segmented into rice, maize and others and the vegetables segment can further be segmented into chili and pepper and others. The grains and cereals market of Indonesia is expected to grow at a CAGR of XX% over the forecast period 2017-2022.
Major Companies in the Sector Include:
- PT Bisi International
- PT DuPont Indonesia
- East West Seed Indonesia
- PT Advanta Seeds
- Namdhari Seeds
- PT Koreana Seeds Indonesia
- PT Takii Indonesia
- Bayer CropScience
- Known You Seed Indonesia
Recent Industry Insights
- Rallis India’s wholly-owned subsidiary Metahelix Life Sciences Ltd (Metahelix) entered into a joint venture with PT Metahelix Lifesciences Indonesia to boost its seed business in Indonesia.
- The New Plantations Law of 2014 states, that a company investing in the agribusiness sector must utilize 30 % of its land area for plantation activities within three years of being granted the relevant land rights and, within further three years, must use all of the land areas which are cultivable.
- Plantations International has been expanding Indonesia Camelina Sativa seed program, with an aim to create enough Camelina Sativa seeds to plant over 1000 acres per year, per seed farm.
- Along with this, United Malacca, a Malaysian palm oil firm is going to diversify investments with cash crops in Indonesia.
Key Deliverables in the Study
- Market analysis for the Indonesia seed market, with region-specific assessments and competition analysis
- Market overview and identification, and analysis of the macro and micro factors that affect the Indonesia seed market and which is also instrumental in changing the market scenario, on both, global and regional, scales
- Extensively researched competitive landscape section with profiles of major companies and their market share, along with an analysis of their current strategic interests and financial information and strategies adopted by them to sustain and grow in the studied market.â€‹
The Report Holds Importance for the Following Stakeholders
- Producers and manufacturers.
- Enterprises operating in the industry.
- Traders and stakeholders operating in the sector.
- Investors/research institutions interested in the market.
- Export-import analysis
- Inclusion of crops of interest in section 6
Related Reports Hyperlinks:
1.1 Market Definition
1.2 Key Findings of the Study
2. Research Scope and Methodology
2.1 Study Deliverables
2.2 Market Segmentation
2.3 Study Assumptions
2.4 Research Methodology
2.5 Research Phases
3. Seed Sector Overview
4. Policies and Regulatory environment
5. Market Dynamics
5.1.1 Rising consumption of horticulture products
5.1.2 Increasing concerns for food security
5.2.1 The New Plantations Law of 2014
5.2.2 Farmers' lack of awareness
5.3 Porter's Five Forces Analysis
5.3.1 Bargaining Power of Suppliers
5.3.2 Bargaining Power of Buyers
5.3.3 Threat of New Entrants
5.3.4 Threat of Substitute Products and Services
5.3.5 Degree of Competition
6. Key crops under cultivation (Overview, Area harvested and Production)
6.5 Chillies and Pepper
6.8 Cabbage and other brassicas
6.10 Sweet Potato
7. Market Segmentation
7.1 By Crop type
7.1.1 Grains and Cereals
22.214.171.124 Chili and pepper
8. Competitive Landscape
9. Company Profiles
9.1 PT Bisi International
9.2 PT DuPont Indonesia
9.3 East West Seed Indonesia
9.6 PT Advanta Seeds
9.7 Namdhari Seeds
9.8 PT Koreana Seeds Indonesia
9.9 PT Takii Indonesia
9.10 Bayer CropScience
9.11 Known You Seed Indonesia