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South Africa Seed Market Size (2024 - 2029)

The seed market in South Africa is experiencing growth driven by factors such as increased consumption of fruits and vegetables, a rising population, and heightened food demand. The market's expansion is supported by non-profit organizations and regional regulatory bodies promoting vegetable breeding. The industry is well-established, with numerous seed companies operating under the oversight of the national regulatory body for seed certification. Additionally, government initiatives to provide financial support to emerging producers further contribute to the market's development.

Market Size of South Africa Seed Industry

Seed Market in South Africa: Analysis of Seed for Sowing by Major Crops, Production, Trade, Growth, Trends and Forecast (2020 - 2025)
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

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*Disclaimer: Major Players sorted in no particular order

South Africa Seed Market Analysis

The seed market in South Africa is estimated to register a CAGR of 5.2% during the forecast period(2020-2025). Increasing consumption of fruits and vegetables to meet the nutrient requirement along with increasing population necessitating higher productivity. Non-profit organizations and many regional regulatory bodies promoting vegetable breeding, and an increase in food demand are other factors driving the growth of the seed market. The seeds industry in South Africa is quite mature and serves commercial farmers with over 100 seed companies being a part of SANSOR, the regulatory body for seed certification in South Africa. Furthermore, the Agriculture, Forestry, and Fisheries department of South Africa planned in 2016 to increase financial support to emerging producers by USD 28.4 million over the medium term, which will be accessed through the Land and Agricultural Development Bank of South Africa. All these factors together are driving the seeds market in the country. Some of the leading companies are Capstone Seeds, Corteva Agriscience, Syngenta Seed S.A. (Pty.) Ltd, Sakata Seed Southern Africa (Pty) Ltd., Rijk Zwaan Zaadteelt en Zaadhandel B.V., and Bayer (Pty) Ltd, South Africa.

South Africa Seed Industry Segmentation

A seed is the ripened fertilized ovule of a flowering plant containing an embryo and capable normally of germination to produce a new plant. For the purpose of this report, seeds have been defined as the seeds for sowing at farmer level. In this report market sizing has been at the farmer level. The report provides an in-depth analysis of various parameters of the seeds market. The market has been segmented based on the type of product and crop type. Also, relevant sub-segmentations have been discussed in the report.

Product Type
Transgenic Hybrids
Non-Transgenic Hybrids
Open-Pollinated Varieties
Crop Type
Grains and Cereals
Pulses and Oilseeds
Fruits and Vegetables
Other Crops
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South Africa Seed Market Size Summary

The South African seed market is experiencing steady growth, driven by increasing demand for fruits and vegetables to meet the nutritional needs of a growing population. This demand is further supported by non-profit organizations and regional regulatory bodies that promote vegetable breeding and enhance food security. The seed industry in South Africa is well-established, with over a hundred seed companies operating under the South African National Seed Organization (SANSOR), which oversees seed certification. The government's financial support for emerging producers, facilitated through the Land and Agricultural Development Bank, is also contributing to the market's expansion. Leading companies in this sector include Capstone Seeds, Corteva Agriscience, Syngenta Seed S.A. (Pty.) Ltd, Sakata Seed Southern Africa (Pty) Ltd., Rijk Zwaan Zaadteelt en Zaadhandel B.V., and Bayer (Pty) Ltd, South Africa.

The increasing health consciousness among consumers is prompting higher spending on healthier food options, thereby boosting the production of fruits and vegetables. This trend is supported by initiatives from organizations like the New Partnership for Africa's Development (NEPAD) Agency, which are aimed at enhancing nutritional security in South Africa. The rising production levels are creating a demand for quality seeds to improve productivity. Despite the challenges posed by limited access to certified seeds, particularly among smallholders, the market shows significant potential for growth. The South African seed sector, although slightly fragmented, is characterized by a focus on introducing new seed varieties and strategic activities such as mergers, acquisitions, and research to maintain competitive advantage.

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South Africa Seed Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porters Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Product Type

      1. 2.1.1 Transgenic Hybrids

      2. 2.1.2 Non-Transgenic Hybrids

      3. 2.1.3 Open-Pollinated Varieties

    2. 2.2 Crop Type

      1. 2.2.1 Grains and Cereals

      2. 2.2.2 Pulses and Oilseeds

      3. 2.2.3 Fruits and Vegetables

      4. 2.2.4 Other Crops

South Africa Seed Market Size FAQs

The South Africa Seed Market is projected to register a CAGR of 5.20% during the forecast period (2024-2029)

Corteva Agriscience, Capstone seeds, Rijk Zwaan Zaadteelt en Zaadhandel B.V. and Syngenta are the major companies operating in the South Africa Seed Market.

South Africa Seed Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)