Middle east and Africa Seed Market was worth $3.8 billion in 2021 and estimated to be growing at a CAGR of 8.24%, to reach $5.64 billion by 2026. The Seed market is developing at a significant rate due to the rising demand for food and feed and rapid decline in arable land. High yielding cultivars/seeds along with other agricultural inputs such as crop protection products, fertilizers, and irrigation are being used to attain optimum utilization in the agriculture sector.
Farmers count on the seed industry to provide seeds that bring high yields and help reduce the cost of production. The global concerns about pollution are driving the increase in the use of biofuels. Biofuel offers various advantages when compared to fossil fuels in terms of reducing pollution, which is one of the primary reasons of governments taking up initiatives to produce biodiesel.
Middle east and Africa Seed Market Drivers:
The growth of the Middle east and Africa Seed market is majorly driven by factors such as the rising population and increasing consumption of animal fodder. Volatile economies and lack of awareness about GM seeds are the major hindrances for the market in this region. Also, GM seeds are relatively more expensive than normal seeds due to higher cost of patented seeds.
Middle east and Africa Seed Market - By Crop Type:
Oilseed
Middle east and Africa Seed Market - By Seed Trait:
Regional Analysis:
The market has been geographically segmented into Middle east and Africa. In terms of revenue, South Africa leads the market in this region. Other major markets for seeds in this region include Zimbabwe, Zambia, Tanzania and Nigeria. The market in this region has the lowest share due to unawareness of the farming community about the uses and benefits of GM seeds.
Key Players:
Existing companies such as Monsanto and Syngenta have been actively involved in the acquisition of regional players to strengthen their market presence.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Crop Type
5.1.1 Oilseed
5.1.1.1 Soybean
5.1.1.2 Sunflower
5.1.1.3 Cotton
5.1.1.4 Canola
5.1.2 Grain seed
5.1.2.1 Corn
5.1.2.2 Wheat
5.1.2.3 Rice
5.1.2.4 Millet crops
5.1.3 Fruit & Vegetable
5.1.3.1 Tomato
5.1.3.2 Melon
5.1.3.3 Carrot
5.1.3.4 Onion
5.1.3.5 Pepper
5.1.3.6 Lettuce
5.1.4 Other seeds
5.1.4.1 Alfalfa
5.1.4.2 Turf
5.1.4.3 Clover & forage plants
5.1.4.4 Flower seed
5.2 By Seed Trait
5.2.1 Herbicide Tolerant
5.2.2 Insect Resistant
5.2.3 Other Stacked Traits
6. Geographical Analysis
6.1 Introduction
6.2 Middle-East
6.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Monsanto
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 DuPont
8.3 Syngenta
8.4 AG
8.5 Dow AgroSciences LLC
8.6 Land O’Lakes Inc.
8.7 Bayer Crop Science
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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