Indonesia Crop Protection Chemicals Market Boost The Industry Growth at USD 1.2 Billion By 2025 : Grand View Research Inc.
San Francisco, 11 November 2019: The Report Indonesia Crop Protection Chemicals Market Size, Share & Trends Analysis Report By Product (Herbicides, Fungicides), By Application (Fruits & Vegetables, Cereals), And Segment Forecasts, 2019 – 2025 The Indonesia crop protection chemicals market size is projected to reach USD 1.2 billion by 2025, exhibiting a CAGR of 5.6% over the forecast period, according to a new report by Grand View Research, Inc. Increasing awareness regarding the benefits of crop protection chemicals, such as improved productivity and faster yield along with the growth in commercial agriculture, is anticipated to fuel their demand over the forecast period. The embracement of modern farming techniques has further propelled the demand for crop protection chemicals, thereby creating an imbalance in the trade. This imbalance has also resulted in the price inflation of certain chemicals, which is affecting the overall Indonesian economy. The rise in