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 some of the digital initiatives for agriculture in Indonesia.
Increase in smartphone and internet penetration:
The last five years have been instrumental in bringing about a paradigm shift in smartphone penetration and internet adoption, both in urban and rural areas. This has been spearheaded by the Palapa ring project which has connected all peripheral areas of Indonesia to a stable 4G internet connection.
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Digital Agriculture:
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.
Increase in Foreign Investments:
The startups operating in Agritech space have grabbed a lot of attention from the foreign investors in last few years. Some of the major funding rounds in the Indonesian Agritech space include Tanihub's latest funding round of more than 65 million USD at the Series B stage. There are several emerging statups in the pre-seed and seed category which outlines the promise held by the Agritech sector in Indonesia.
The report titled “Indonesia Agritech Market Outlook to 2026: Driven by Innovative Startups and Influx of Foreign Investors” by Ken Research suggested that the Indonesia Agritech market has seen impressive growth rate in the last five years with a CAGR of ~39.7% on the basis of revenue generated, due to increased internet access among Indonesian farmers.
Key Segments Covered in Indonesia Agritech Market
Agritech Market Size
Market Size on the basis of revenue generated, FY’16-FY’21
Market size of the 5 sub verticals on the basis of revenue generated, FY’16-FY’21
Market Segmentation
Segmentation of Startups by Business Category (FaaS, Fintech, Market Access, Agritech, Agri Biotech)
Segmentation of Startups by year of establishment (FY’13-FY’20)
Segmentation of Startups by Location Jakarta, Bogor, Bandung, Malang, Yogyakarta, Depok, Setiabudi, Tangerang, Bekasi, Sleman, Lampung, Arcamanik)
Segmentation of Startups by Funding Stage (Pre-Seed, Seed, Series A, Series B, Convertible Note, Grant, Debt Financing)
Segmentation of Startups by Funding Entity (Foreign, Domestic, Both)
Overview of each Sub vertical (FaaS, Fintech, Market Access, Agritech, Agri Biotech) on the basis of
Demand Analysis
Operating Model
Timeline of Major Players
Service Portfolio
Challenges
Competitive Scenario
Cross Comparison between Major Players
Case Study
Future Outlook & Projections
Analyst Recommendations
Key Target Audience
Farming as a Service players
Agri Fintech players
Agritech players
Market Access Players
Agri Biotech players
Farmers/Fishermen
Investors
Regulatory Bodies
Feed, Equipment, Fertilizer Suppliers
Time Period Captured in the Report
Historical Period: FY’16-FY’21
Forecast Period: FY’22-FY’26
Agritech Players in Indonesia
FaaS Players:
Sayurbox
TaniSupply
Aruna
Fintech Players:
TaniFund
eFishery
Koltiva
Market Access Players
8 Villages
Fishlog
Sgara
Agritech Players:
Neurafarm
Dycodex
JALA
Agri Biotech Players:
Pandawa Agri
Magalarva
FistX
Key Topics Covered in the Report
Indonesia Agricultural Sector Overview
Indonesia Agriculture Industry Demographics
Demand Side: Indonesia Agriculture Scenario
Supply Side: Indonesia Agriculture Scenario
Overview of Indonesia Agritech Market
Overview of Digital Tools
Ecosystem of Major Entities in the Indonesia Agritech Market
Agritech Operating Model
Market Sizing of the AgriTech Industry
Market Sizing of the Sub Segments of AgriTech Industry
Segmentation of Startups by Business Category
Segmentation of Startups by year of establishment
Segmentation of Startups by Location
Segmentation of Startups by Funding Stage
Segmentation of Startups by Funding Entity
Trends and Developments in Agritech market
Challenges faced by Agritech Startups
Regulatory Landscape in Agritech market
Major Government Initiatives in Agritech market in Indonesia
Technology Trends in the Agritech Industry
Porter’s Five Forces Analysis of Indonesian Agritech Industry
Growth Drivers in the Agricultural Market in Indonesia
Competition Scenario between sub verticals
Comparison between Technology used in Agritech Space
Overview of sub vertical: FaaS
Overview of sub vertical: Fintech
Overview of sub vertical: Market Access
Overview of sub vertical: Agritech
Overview of sub vertical: Agri Biotech
Demand Analysis of each of the sub verticals
Service Portfolio of each of the sub verticals
Cross Comparison between Major Players
Case Studies (Chilibeli, Sayurbox, TaniFund, Crowde, eFishery, Koltiva, Dycodex, Aruna, Magalarva)
Future Outlook & Projections
Analyst Recommendations
What Lies Ahead for the Agritech Industry?
Technology Roadmap
Industry Speaks
For More Information on the research report, refer to below link: -
Future of Indonesia Agritech Market Outlook
Related Reports by Ken Research: -
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