Market Size of Morocco Seed Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 2.10 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Morocco Seed Market Analysis
The Morocco Seed sector is estimated to grow at a CAGR of 2.1% during the forecast period 2020-2025. The Agricultural sector including both agriculture as well as agro-industry contributes 19% of the countries GDP. The National policy which is The Green Morocco Plan (Plan Maroc Vert, PMV) enables the Moroccon agriculture in terms of high productivity by encouraging the private investments, improving the export opportunity and modernizing the agriculture. In 2018, the agriculture produce saw a growth of 27% along with a 4% increase in exports compared to the previous year despite the late rainfall as per the FAO report.
The seed system in Morocco includes national and foreign seed producers, producers' associations, importers & exporters of seed and planting material, research institutions, farmers, the government, and two national seed traders' associations (AMSP - Association Marocaine des Semences et Plants; AMMS - Association Marocaine des Multiplicateurs des Semences). GM seeds have no significant presence in the country and imports of GM seeds are not allowed either.