Africa Seeds Industry - Growth, Trends and Forecasts (2017 - 2022)

Published - Jan 2017 | Category - Agriculture | No. of Pages - 108 | Published By - Mordor Intelligence

Report Highlights

The Africa Seeds Market is expected to reach USD XX million by 2020 from USD XX million in 2015, registering a CAGR of XX% during the forecasted period from 2015 to 2020. Africa is a minor player in the global seed trade and approximately 80% of the farmers in the region save seeds for replantation.

Seed is one of the most basic and important agricultural inputs and it forms the third largest inputs market after agrochemicals and farm machineries, globally. Traditionally, the seed industry was the major contributor for the sustainable food production. However, nowadays with the advancement of technology, the industry is also contributing towards animal feed, bio-energy and bio-materials production. In African agriculture, seeds play important role in food sustainability only.

The major factors driving the industry includes population growth, urbanization, income growth and high output prices. Africa has potential for growth of this industry as high yielding and hybrid crops can increase the productivity and income of the region. However, the constraints holding back the growth of the industry include high market fragmentation, inconsistent policies, high cost of new variety registration, inadequate infrastructure to support the industry development and lesser seed demand.

In this report, the market has been broadly segmented into non-GM/hybrid seeds, GM seeds and varietal seeds. GM seeds are further divided by trait type into herbicide tolerant seeds, insect resistant seeds, abiotic stress resistance seeds and other seeds with stacked traits. By crop type, the industry is again segmented into grains and cereals (maize, rice, wheat, and sorghum), oil seeds (soybean, sunflower, cotton, canola and rapeseed), vegetables (solanaceae, cucurbit, root and bulbs, brassica and others) and other seeds. Cowpea seeds form the largest seed market segment, as Africa accounts for 95% of the global cowpea production. Other than cowpea, maize, fruits and vegetables are the biggest seed market segments in Africa.

A good number of private companies have flourished in the region after the 2002 governmental liberalization of the seed sector in the country. Currently, African seed sector is dominated by the local startups and they hold the power for growth of this industry. Monsanto, DuPont Pioneer, Syngenta and Vilmorin, Zimbabwe’s SeedCo, Zamseed in Zambia, Tanseed in Tanzania, and the Kenya Seed Company are the major players of the region.

Key Deliverables in the Study

Market analysis for the Africa seed industry, with region specific assessments and competition analysis.

Market definition along with the identification of key drivers and restraints.

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market.

Extensively researched competitive landscape section with profiles of major companies along with their market shares.

Identification and analysis of the macro and micro factors that affect the Africa seed industry.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

Insights on the major countries/regions in which this industry is blooming and identification of the regions that are still untapped.


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