The Africa Vegetable Seed Market was valued at USD 181.3 million in 2017 and is expected to register a CAGR of 6.0% during the forecast period (2018-2023). South Africa is the largest region which is accounting for largest production of vegetable seeds.
A seed is a mature ovule consisting of an embryonic plant (dormant) along with the stored nutrients required for the embryonic plant, all surrounded by a protective coat. A seed is a living entity and a biological product than can die, depending upon its genetic potential to remain viable and its storage conditions. Seeds can be classified in various ways, such as botanical characters (botanical classification), crop type, uses, etc.
The Major Growing Segment by Vegetable Type – Tomato
South African annual production of tomatoes claims a 0.3% share of the global tomato production. Area harvested in South Africa accounted for 0.13% of the global harvest in 2014, indicating a fluctuating trend. Among fresh tomatoes, Florodade, Heinz 1370, Karino, and Rodade are the popular cultivars. Popular newer hybrids in the market include - Fortress, Hytec, Star 9001, Star 9003, Sundance, and Zeal. Pests, especially tomato leaf-miner, are becoming a severe problem for tomato cultivation in the region, due to which the area under cultivation recorded a decline in 2017, and may act as a major restraint toward the growth of the tomato seed market. More than 40% of the total production is often lost due to the lack of post-harvest management practices, including paucity of storage and processing facilitates. Local production of tomato seeds is comparatively less, with farmers using imported seeds.
Organizations Promoting Vegetable Breeding
Keeping in mind the end goal of meeting the increasing day-to-day vegetable demand in Africa, there is a need for the development of seed breeding technologies. As of now, several nutrient-rich vegetable varieties are being released by many government or pubic research agencies, for which small-holder farmers can have access in both rural and urban settings. To deal with pests and diseases, international and regional companies that are based in South Africa are developing seed multiplication and vegetable breeding techniques. Due to the increasing demand for high-quality vegetable varieties in Africa, commercial breeding is attracting more attention these days, in turn driving the production of high-quality seeds and enabling access to quality seeds for African farmers.
Low Access to High-Quality Seeds of Improved and Adapted Varieties
In order to have efficient production, farmers need to have access to high- quality and improved vegetable seeds. However, farmers in Africa are relying mostly on saved seeds, only 10% of the improved seeds are purchased from the market. Due to the lack of access to high-quality seeds among small holders, the demand for conventional seeds in Africa has increased. Many farmers receive seeds from other farmers, through exchange of saved seeds from their own fields.Private companies play a minor role in reaching out to African farmers, as only 2.5% of seeds produced from the seed companies are utilized within the region, with the rest often being diverted to the export markets. The development and popularization of vegetable seeds is less when compared to the oil seeds. These factors offer low access to quality and improved varieties to farmers.
Key Developments of Africa Vegetable Seed Market
Dec 2016 - Through public private partnership platforms, Central and West Africa is strengthening its vegetable seeds market.
- May 2018 - African farmers are facing serious challenges because of increased engineering of seeds and the determination of leading global agro-chemical corporations to dominate the African agricultural sector.
Major Players: East African Seeds Co., East-West Seed, Hygrotech, Kenya Seed Company, Monsanto Company, Premier Seeds Nigeria Limited, Rijk Zwaan Africa, Sakata Seed Southern Africa (Pty) Ltd, Syngenta, Victoria Seeds Limited., list not exhaustive.
Africa Vegetable Seed Market
(2014 – 2023)
Market Size in 2017
USD 181.3 million
Market Size in 2023
USD 251.6 million
East African Seeds Co., East-West Seed, Hygrotech, Kenya Seed Company, Monsanto Company, Premier Seeds Nigeria Limited, Rijk Zwaan Africa, Sakata Seed Southern Africa (Pty) Ltd, Syngenta, Victoria Seeds Limited.
Africa Vegetable Seed market offers latest trends, growth prospects, industry competitiveness, major players, regional market share and forecast to 2023.
Reasons to Purchase the Report
- To have an understanding of the fastest growing countries in the Africa vegetable seed and growth trends during the forecast period
- The report outlines drives, restraints, and trends that are currently effecting the market
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- The report covers in-detail insights about the competitors’ overview and company share analysis
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3-month analyst support, along with the Market Estimate sheet (in Excel)
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1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.2 Research Designs
2.3 Study Phases
2.3.1 Secondary Research
2.3.2 Discussion Guide
2.3.3 Market Engineering and Econometric Modelling
2.3.4 Expert Validation
2.3.5 Study Timeline
3. Key Findings of the Study
4. Market Dynamics
4.1.1 Organizations Promoting Vegetable Breeding
4.1.2 Increasing Demand for Economic Development and Nutrition Security
4.1.3 Increasing Demand for Employment and Income Generation
4.2.1 Low Access to Quality Seeds of Improved and Adapted Varieties
4.2.2 High Capital Investment and Operational Costs
4.2.3 Lack of Awareness of Nutritional Benefits
4.2.4 Inadequate Government Policies
4.3.1 Untapped Markets and Technological Innovation
4.3.2 Increasing Focus on Research and Development
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Powers of Buyers
4.4.2 Bargaining Powers of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat from Substitute products
4.4.5 Competition Rivalry
5. Market Segmentation by Region
184.108.40.206 Analysis of Import (Value, Quantity and Major Trade Partners)
220.127.116.11 Analysis of Export (Value, Quantity and Major Trade Partners)
18.104.22.168 Analysis of Import (Value, Quantity and Major Trade Partners)
22.214.171.124 Analysis of Export (Value, Quantity and Major Trade Partners)
126.96.36.199 Analysis of Import (Value, Quantity and Major Trade Partners)
188.8.131.52 Analysis of Export (Value, Quantity and Major Trade Partners)
5.1.4 South Africa
184.108.40.206 Analysis of Import (Value, Quantity and Major Trade Partners)
220.127.116.11 Analysis of Export (Value, Quantity and Major Trade Partners)
6. Market Segmentation, by Vegetable Type
7. Competitive Landscape
7.1 Strategies Adopted by Leading Players
7.2 Most Active Companies in the Past Five Years
7.3 Market Share Analysis
8. Company Profiles
8.1 East African Seeds Co.
8.2 East-West Seed
8.4 Kenya Seed Company
8.5 Monsanto Company
8.6 Premier Seeds Nigeria Limited
8.7 Rijk Zwaan Africa
8.8 Sakata Seed Southern Africa (Pty) Ltd
8.10 Victoria Seeds Limited