Market Size of South Africa Seed Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.20 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South Africa Seeds Market Analysis
The seed market in South Africa is estimated to register a CAGR of 5.2%. Maize is the country's most important crop, followed by wheat. Cereal consumption in South Africa was valued at USD 5,563.4 million in 2018, and it is estimated to reach USD 6,060.1 million during the forcast period. This increasing consumption, along with the increasing population, is necessiating the increase in productivity. The seed industry in South Africa is quite mature and serves the commercial farmers with over 100 seed companies who are a part of SANSOR, which regulates seed certification in South Africa. Increasing export from the country is another factor that is driving the growth of the seed market.
