- The South African economy is experiencing a huge income growth and a lot of IMF funded projects, focusing on the development of the country, are taking shape. Also, with the growing net farm income and rising food exports, the seed sector is expected to expand further, in future.
- South Africa has an organized and effective national seed trade association—the South African National Seed Organization (SANSOR). The seed industry in South Africa is quite mature and serves commercial farmers with over 100 seed companies being a part of SANSOR.
By product type, the market has been segmented into maize, rice, wheat, sorghum, vegetables, and ‘others’. Also, the report discusses the area harvested and production volumes of various crops. As of 2016, the South African seed market was worth USD 467.58 million and is expected to witness a CAGR of 4.4% during the forecast period. This market accounted for nearly 23.5% of share of the overall African seed market.
Major Seed Companies in the Sector Include:
- Rijk Zwaan
- Monsanto South Africa
- Dupont (Pioneer)
- Syngenta Seed S.A. (Pty.) Ltd.
- Sakata Seed Southern Africa (Pty) Ltd.
- Pannar Seed (PTY) Ltd.
Recent Industry Insights
- As of July 12, 2017, the Competition Commission of South Africa has given a conditional approval to The Dow Chemical Co. and DuPont Co.'s merger, worth USD 130 billion. This factor is likely to have a huge impact on the South African seed industry, causing a lesser competition in the market.
- In 2017, Rijk Zwaan introduced its first hybrid African eggplant. The new eggplant varieties have been developed by Rijk Zwaan Afrisem, a breeding station in Arusha, Tanzania, where Rijk Zwaan started breeding in 2008.
Key Deliverables in the Study
- Market analysis for the South African seed market, with crop-specific assessments and competition analysis, including market share analysis.
- Market overview and identification and analysis of the major developments, which affect the South African seed market and are instrumental in changing the market scenario on the regional scale.
- Extensively researched competitive landscape section, with profiles of major companies and their market share, along with an analysis of their current strategic interests and financial information and strategies adopted by them, to sustain and grow in the studied market.
The Report Holds Importance for the Following Stakeholders:
- Producers and manufacturers
- Agricultural input companies
- Enterprises operating in the industry
- Traders and stakeholders operating in the sector
- Investors/research institutions interested in the market
- Regulatory framework
- Trade analysis
- Trend analysis
- Market Dynamics
1.1 Market Definition
1.2 Key Findings of the Study
2. Research Scope and Methodology
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Methodology
2.4 Research Phases
3. Market Dynamics
3.1.1 Development in Hybrid and Certified Seed Compared to Normal Seed Production
3.1.2 Decreasing Per Capita Arable Land
3.1.3 Increased Acceptance of GMOs in the Country
3.1.4 Increasing Food Security Concerns as a Result of Growing Food Insecurity
3.2.1 Growing Oppositions Against the New Plant Breeders & Plant Improvement Act in the Country
3.2.2 Presence of Fake/Counterfeit Seeds
3.2.3 Long Timeline for the Development of New Traits and Corresponding Variety Release
4. Industry Analysis
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of New Entrants
4.1.4 Threat of Substitute Products and Services
4.1.5 Degree of Competition
5. Market Segmentation
5.1 By Crop
6. Competitive Landscape
6.1 Most Adopted Strategies
6.2 Most Active Companies
6.3 Market Share Analysis
7. Company Profiles
7.1 Rijk Zwaan
7.2 Monsanto South Africa
7.3 Dupont (Pioneer)
7.4 Syngenta Seed S.A. (Pty.) Ltd.
7.5 Sakata Seed Southern Africa (Pty) Ltd.
7.6 Pannar Seed (PTY) Ltd.
7.7 McDonalds Seeds (Pty) Ltd.
7.8 Capstone Seeds
7.9 Advance Seed
7.10 Starke Ayres
7.11 Barenbrug South Africa Seeds (Pty) Ltd
7.13 KWS South Africa