Seed Market


Global Agriculture Market and the Seed Industry

The global economy has pledged to create a hunger-free world by 2030 by the Sustainable Development Goals. According to market research tools, this will entail the continual production of about 60% more food than at the current time, food that is both healthy and nutritious, generated in forms that do not affect the ecosystem. In most conditions, there is no excess of land or water supplies to use to boost agricultural productivity. The market database suggests that in reality, proactively enhancing productivity is the most sustainable approach to this aim. That implies growing more yield with fewer external inputs. Farmers just need to use well-adapted farming techniques to facilitate this.

Market research tools state that the seed supply network of a nation is generally defined as a supply chain system of multiple components, from the growth and acceptance by farmers of well-adapted and nutritional field crops, via the production and distribution, including sales, of quality seeds and planting products, to the use of these inputs by farmers on the field. The successful functioning of the supply chain, facilitated by the applicable national seed laws, regulations, initiatives, management strategies, and policies, is largely dependent on the degree to which the specific expertise and skills needed for the development of quality seeds and planting materials can be developed for commercial use by the stakeholders. The free market research tool, Global Market Database can be used to identify the market potential of the Global seed vertical over the next ten years. The market research tool provides free market database across 600+ markets and 12 different industries for the first five Global Market Database logins.

According to market research tools, the primary purpose of seed storage is to conserve seeds from one summer to another, but it is advantageous for farmers and seed companies to preserve seeds for a minimum of 2-3 years or sometimes even longer. Since seeds are typically stored for more than one year it is critical to understand that the durability and vigor of the seed are influenced by seed harvesting, processing, and seed storage. Seeds are delicate and growing organisms, and variables such as soil nutrients influence the lifespan of the seed at the start of crop growth.

For starters, if the soil is zinc deficient, it can negatively impact the productivity of the crop. Although the basis of seed quality is to have the best conditions for crop growth and health, harvesting, processing, cleaning, storage, and transportation are the aspects that may have the most significant impact on seed quality and vitality. Although, at either of these phases, the seed can be affected. The market competitiveness for this sector can be studied using Global Market Database. The market research tool provides relevant market information since the data is updated every quarter.

Prominent regional segments in the African Seed Market

According to market research tools, more than 40% of Kenya’s overall population and more than 70% of its rural residents are supported by the agricultural industry. The industry contributes 65% of export earnings and supports more than 80% of the population with a living. With an increasing population, the industry remains crucial for the security of food and nutrition in the nation. The Kenya seed market is regulated by its National Seed Policy and associated laws.  Market research tools state that the National Seed Policy strives to achieve, encourage, and regulate a new and dynamic market for seeds. The impact of government policies on the growth trends within the African Seed Market can be studied using Global Market Database. Kenya Seed Market can also be analyzed using this market research tool.

A dynamic seed market is essential to ensure the timely availability of high-quality seeds of improved, suitable varieties at reasonable prices to small-scale farmers in Kenya. According to market research tools like Global Market Database, the growth in essential farming practices has bolstered Kenya Seed Market.

Kenya seed market, like many other African nations, consists of two systems, the informal and the formal system. The informal system relates generally, to the mechanism where farmers generate, procure, sustain, create, and distribute seed resources from one growing season to the next. Due to limited access, incapacity to purchase seeds restricted access to agricultural dealers, most smallholder farmers in Kenya still depend at least partly on informal seed systems. The formal sector centers on the breeding and evaluation of improved varieties and the production and distribution by the Kenya Plant Health Inspectorate Service (KEPHIS), the government department responsible for seed regulation in Kenya. Market research tools like Global Market Database can be used to study the value chain for this market. Global Market Database can provide a year on year growth analysis across the Kenya Seed Market seed

Although the Regional Economic Communities of Africa (RECs) are already taking measures to integrate the management of seeds, the process is difficult and would take the full impact of the significant intervention by national regulatory authorities. Kenya entered the African Union’s Comprehensive Africa Agriculture Development Program (CAADP) deal in 2010. CAADP’s key purpose is to assist African countries to develop strategies and programs aimed at accelerating economic development, eliminating malnutrition, reducing poverty, and enhancing food security. The agricultural sector in Kenya has been influenced by recent policies, plans, and regulations. Kenya laid out a long-term growth plan known as Vision 2030 in 2008. The aim of Vision 2030 is to create a middle-income, newly developed nation that offers a good quality of life in a clean and safe environment for all its people.

Kenya Seed Market and its growing market trends within the African Seed Market:

Kenya Seed Market accounts for a key segment of the African Seed Market. Kenya has 26 index corporations, three of which are based in the nation, namely East African Seed, Kenya Highland Seed, and /Kenya Seed Company. Kenya Seed Company, Pop Vriend Seeds, East African Seed, and Vegetable Company all have operations covering the entire value chain of seeds. However, only the Kenya Seed Company and East African Seed, are involved in field and vegetable crops as well as local crops such as Amaranthus and Crotalaria. Kenya Highland Seed does not have a breeding project, but in Kenya, it grows, tests, and processes seeds and also performs extension services for small–scale farmers. Created in Zimbabwe and now based in South Africa, Seed Co has a long-standing position in Kenya and operates out all projects along the value chain of seeds as well.