Africa Vegetable Seed Market

Vegetable Seed Market Africa by Crop type (tomato, cabbage, onion, carrot, okra, and others) and Country (Kenya, Uganda, Nigeria and South Africa) -Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: FB-994
  • Author: Growth Market Reports
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  • No. Of Pages: 148
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Vegetable seed market Africa was 190 million in 2018 and is estimated to register a substantial CAGR of above 6.5% during the forecast period, 2021–2028. The growth of the market is attributed to non-profit organizations and many regional regulatory bodies promoting vegetable breeding and an increase in food demand and the need for sustainable agriculture development.

Africa Vegetable Seed Market Key Takeaways

A seed is a mature ovule comprising of an embryonic plant (dormant) along with the stored nutrients required for the embryonic plant, all adjoining by a protective coat. A seed is a biological product and a living entity that can die, depending upon its genetic potential to remain viable and its storage conditions.

Vegetables are crucial part of a healthy diet and various different vegetables contains varied amounts of nutrients. A diet rich in vegetables can aid to reduce the happening of any disorder or disease, for example, eye problems and obesity among others. Moreover, eating healthy non-starchy vegetables such as spinach, lettuce, and other vegetables help in weight loss. Thus, the need to meet diverse dietary and nutritional needs has boosted the demand for vegetables. Additionally, farmers across the globe are demanding high-quality vegetable seeds to meet this rising demand for vegetables.

According to the World Health Organization (WHO), approximately 1.7 million deaths in the world are owing to a lack/low consumption of vegetables and fruit. The rising awareness regarding the growing health concerns and the benefits of vegetables have lead to increasing demand for vegetables in the countries. Also, the low consumption of vegetables is among the top 10 risk factors for global mortality.

The Covid-19 pandemic had an unpleasant impact on the Vegetable seed market. The production has been on halt with the rise in demand and shortage of supply. According to the International Seed Federation (ISF), the spread of corona virus had a lesser impact on the seed sector as it was considered under essential commodities to sustain the delivery of seed to farmers; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising demand for economic development and nutrition security is anticipated to drive the market of vegetable seed market of Africa during the forecast period.
  • Increasing demand for Diet-based Nutritional Food is projected to spur the market expansion in coming years.
  • Rising Adoption of Hybrid Vegetable Seeds is estimated to propel the market growth in near future.
  • Factors like high capital investment and operational costs, low access to high-quality seeds and lack of awareness of the nutritional benefits of consuming vegetables are projected to hinder the market growth.
  • R&D investment and technological advancement in vegetable seed market in Africa are expected to offer lucrative opportunities for the market players.

Scope of the Report

The report on the vegetable seed market Africa includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Vegetable Seed Market – Africa Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Crop type (Tomato, Cabbage, Onion, Carrot, Okra, and Others)

Country

Kenya, Uganda, Nigeria and South Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Monsanto, Hygrotech, Kenya Seed Company, Sakata Seed Southern Africa (Pty) Ltd and Syngenta

 

Market Segment insights

The tomato segment is projected to constitute a large market share
Based on crop type, the Africa vegetable seed market is segregated into tomato, cabbage, onion, carrot, okra, and others. The tomato segment is expected to account for a key share of the market during the forecast period owing to varieties of fresh tomatoes and abundance of land in the region. In 2018, the total tomato production in the country is reported to be 20.77 million tons and Florida, Karino, Heinz 1370, and Rodade are the popular cultivars of tomatoes. However, agro segment is projected to boost the market in coming years owing to favorable agro-climatic conditions and comparatively better crop management practices in some of the countries the average yield in this region was 47% higher than that of other crops.

Africa Vegetable Seed Market By Crop type

Asia Pacific is expected to dominate the market
In terms of country, the market is broadly classified as Kenya, Uganda, Nigeria and South Africa. South Africa is anticipated to expand at a robust CAGR during the forecast period. Largest vegetable seed production in the region and favorable climate conditions in this region are anticipated to boost the market growth over the coming years.
 

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vegetable Seed Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Vegetable Seed Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Vegetable Seed Market - Supply Chain
  4.5. Global Vegetable Seed Market Forecast
     4.5.1. Vegetable Seed Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Vegetable Seed Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Vegetable Seed Market Absolute $ Opportunity
5. Global Vegetable Seed Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Vegetable Seed Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Vegetable Seed Demand Share Forecast, 2019-2026
6. North America Vegetable Seed Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Vegetable Seed Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Vegetable Seed Demand Share Forecast, 2019-2026
7. Latin America Vegetable Seed Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Vegetable Seed Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Vegetable Seed Demand Share Forecast, 2019-2026
8. Europe Vegetable Seed Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Vegetable Seed Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Vegetable Seed Demand Share Forecast, 2019-2026
9. Asia Pacific Vegetable Seed Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Vegetable Seed Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Vegetable Seed Demand Share Forecast, 2019-2026
10. Middle East & Africa Vegetable Seed Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Vegetable Seed Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Vegetable Seed Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Vegetable Seed Market: Market Share Analysis
  11.2. Vegetable Seed Distributors and Customers
  11.3. Vegetable Seed Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Monsanto Hygrotech Kenya Seed Company Sakata Seed Southern Africa (Pty) Ltd  
Segments Covered in the Report
The Africa vegetable seed market has been segmented on the basis of:-

Crop type
  • Tomato
  • Cabbage
  • Onion
  • Carrot
  • Okra
  • Others
Country
  • Kenya
  • Uganda
  • Nigeria
  • South Africa
Key Companies
  • Monsanto
  • Hygrotech
  • Kenya Seed Company
  • Sakata Seed Southern Africa (Pty) Ltd
  • Syngenta

Key players competing in the Africa vegetable seed market include Monsanto, Hygrotech, Kenya Seed Company, Sakata Seed Southern Africa (Pty) Ltd and Syngenta.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Africa Vegetable Seed Market By Key Players

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