The State of the Southeast Asian Crop Protection Market: A Look at Trends Impacting the Region

AgriBusiness Global Staff By AgriBusiness Global Staff|2 October 2024

In a recent issue of AgriBusiness Global DIRECT, AgbioInvestor Co-founder Derek Oliphant explores the major crop protection markets in Southeast Asia, detailing current conditions and emerging trends likely to shape the sector’s future. Southeast Asia represents over 30% of the global crop protection market, with key players including Indonesia and Vietnam, both showing significant growth.

Indonesia’s market surged by 18.1% in 2022, driven by rising agrochemical prices and increased rice cultivation. Meanwhile, Vietnam’s market grew by 21.0% due to strong export demand and government initiatives. With the region’s evolving agricultural landscape and increasing demand for food, the crop protection market is set for continued expansion.

Discover what these trends mean for the future of crop protection in Southeast Asia at AgriBusiness Global DIRECT.

AgriBusiness Global connects the crop input value chain from raw material manufacturers down to distributors and trading partners around the world. Our content empowers smarter sourcing and business decisions by providing key insights to buyers and sellers of crop inputs including crop protection (both traditional agrochemical and biocontrol) and plant health products (including fertilizers, biostimulants, macro and micronutrients). See all author stories here.

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