Comparative Study of Marigold Potential (Tagetes spp.) in Russia and Indonesia: Agronomic and Economic Perspectives

This comparative study examines the agronomic and economic potentials of marigold (Tagetes spp.) cultivation in Russia and Indonesia, two regions with contrasting climates and market dynamics. In Russia, marigold farming focuses on short-season, cold-tolerant varieties, leveraging greenhouse technology and advanced bioactive extraction methods to meet demands in pharmaceutical and ornamental markets. Conversely, Indonesia benefits from a tropical climate that supports year-round cultivation, producing marigolds rich in lutein and carotenoids, widely used in traditional ceremonies, cosmetics, and local ornamental markets. Agronomic assessments reveal Russia's higher production costs but competitive advantage in bioactive compound extraction, while Indonesia achieves greater net profits through lower production costs and higher yields. Despite climatic challenges, both countries capitalize on their unique resources and market demands—Russia's technological expertise complements Indonesia's biodiversity and cultural heritage.The study underscores the importance of adapting cultivation techniques and marketing strategies to regional conditions. Collaborative opportunities, such as technology exchange and joint market development, are recommended to enhance the global competitiveness of marigold products from both nations. The findings highlight the diverse applications and market potential of marigold, advocating for tailored approaches to maximize its value across varying agro-economic landscapes.

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Publication Details

Journal
Global journal of economic and finance research.
Published
2025-01-09
DOI
https://doi.org/10.55677/gjefr/03-2025-vol02e1
Primary Topic
Flowering Plant Growth and Cultivation
Type
article
Field-Weighted Citation Impact
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article

Comparative Study of Marigold Potential (Tagetes spp.) in Russia and Indonesia: Agronomic and Economic Perspectives

Lana Sularto, Herik Sugeru, Dharma Tintri Ediraras, Ditiya Himawati et al.
Global journal of economic and finance research.
Flowering Plant Growth and Cultivation
article

Comparative Study of Marigold Potential (Tagetes spp.) in Russia and Indonesia: Agronomic and Economic Perspectives

Lana Sularto, Herik Sugeru, Dharma Tintri Ediraras, Ditiya Himawati, Nelli Kozlova
article en

Abstract

This comparative study examines the agronomic and economic potentials of marigold (Tagetes spp.) cultivation in Russia and Indonesia, two regions with contrasting climates and market dynamics. In Russia, marigold farming focuses on short-season, cold-tolerant varieties, leveraging greenhouse technology and advanced bioactive extraction methods to meet demands in pharmaceutical and ornamental markets. Conversely, Indonesia benefits from a tropical climate that supports year-round cultivation, producing marigolds rich in lutein and carotenoids, widely used in traditional ceremonies, cosmetics, and local ornamental markets. Agronomic assessments reveal Russia's higher production costs but competitive advantage in bioactive compound extraction, while Indonesia achieves greater net profits through lower production costs and higher yields. Despite climatic challenges, both countries capitalize on their unique resources and market demands—Russia's technological expertise complements Indonesia's biodiversity and cultural heritage.The study underscores the importance of adapting cultivation techniques and marketing strategies to regional conditions. Collaborative opportunities, such as technology exchange and joint market development, are recommended to enhance the global competitiveness of marigold products from both nations. The findings highlight the diverse applications and market potential of marigold, advocating for tailored approaches to maximize its value across varying agro-economic landscapes.

Global journal of economic and finance research.Vol. 02(01)
Gunadarma University (ID)
Openalex Percentile: Top 99%
Flowering Plant Growth and Cultivation
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Comparative Study of Marigold Potential (Tagetes spp.) in Russia and Indonesia: Agronomic and Economic Perspectives — Lana Sularto, Herik Sugeru, et al. · Global journal of economic and finance research. (2025) | TGRS Research Map | TGRS