Wednesday, December 13, 2017

South Africa Seed Market Will Be Led By Growing Net Farm Income, Huge Demand Of Seeds From SADC Countries and Government’s Industry Friendly Policies: Ken Research

The modest increase in domestic consumption of seed, rise in number of South Africans  in commercial farming along with gradual stabilization in seed and food export to other African countries have been the key factors supporting growth in South Africa Seed Market.

South Africa’s seed market witnessed majority of the demand from wheat, soybean, oats, sorghum, barley, dry bean, maize, ryegrass, triticale and few vegetable seeds. Majorly demand for open pollinated seeds was the highest, followed by hybrid and genetically modified seeds in all the crops. The key growth drivers of the seed market have been the modest increase in domestic consumption and exports to other African countries. The competition in the local market has been intense due to the presence of a large number of local and global players producing high quality seeds.

The South African seed market is at a very mature stage and has number of players that are gradually expanding their business into other African countries and around the globe. SANSOR is also in the process of building up an efficient seed sales web-portal for its member. The portal is expected to further augment the growth of the seed market in South Africa. The increase in net farm income along with demand of seeds within SADC countries has majorly resulted in the overall growth of seed market in the country.

The report titled “South Africa Seed Market by (Open Pollinated, Hybrid and Genetically Modified Seeds), by Crop Type (Wheat, Soybean, Oats, Sorghum, Barley, Dry Bean, Maize, Ryegrass, Triticale, Vegetable Seeds) - Outlook to 2022” by Ken Research suggested a growth at a positive CAGR in revenues in South Africa seed market due to increase in local consumption and growth of seed exports in next 5 years till 2022.

For more information on the research report, refer to below link:
https://www.kenresearch.com/agriculture-and-animal-care/seed/south-africa-seed-market/142288-104.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing
 sales@kenresearch.com
+91-124-4230204
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US Seed Market Outlook Remains Challenging with Decline in Crop Receipts and Consolidation in Incumbent Crops Category: Ken Research

US Seed market by Type of Crops (Corn, Cotton, Soyabean, Wheat, Rice, Grain Sorghum, Oats, Vegetable Seeds), By Technology (Hybrid, GM Seeds, Open Pollinated), by Region, and Market Share of Major Seed Manufacturers (Monsanto, Syngenta, Bayer Cropscience, LimaGrain, Rjik Zwaan, Sakata, Bejo, Dupoint)
Lower output prices have impacted corn seed market with substitution effect witnessed to Soybeans from US Farmers
Seed companies are prudent to plan the inventories based on commodity prices, trait adoption or hybrid selection
Ken Research in its latest study, The US Seed Market Outlook to 2022 – By Crop Type (Corn, Cotton, Soyabean, Wheat, Rice, Grain Sorghum, Oats, Vegetable Seeds), by Open Pollinated, Hybrid and Genetically Modified Seeds, suggested that with seed traits in corn, soybean, canola, cotton, sugar beet and alfalfa, around 80-90% of the US cultivated area is planted with genetically engineered technology which equates to around 95% of the world GM crops area for corn, soybean, canola and sugar beet combined.
The US Seed industry is the largest seed market in the world with the land under cultivation of 911 million acres and average farm size of 442 acres in 2016. The US and Canada combined together contributed around 10% of the global planted area and over 50% of the global GM crops area. Around 70% of the cultivated area is sowed with corn, soybean and wheat, which fluctuate every year but are largely equal in terms of significance, followed by canola, alfalfa, cotton and barley.
The country’s seed economics are largely driven by commodity prices, hybrid breed selection and crop rotation cycle, farm holding structure. In many regions in the US, farmers’ economics are not favorable in terms of cost to farm income. Rising input cost and falling agricultural commodity prices have led to rapid plunge in farm income. Corn, cotton and soybeans have seen higher rise in input cost vis a viz production value from farmers perspective in the last year. After three successive years of weakened performance, agriculture crop profits are expected to decline in 2017.
The cash income from crop sales during the 2017 is expected to be around USD 190 billion, a decline of USD 3.8 billion i.e. 2.0% from 2016. Corn receipts are expected to decline for the fifth successive year by 0.5% in 2017 as the U.S. average corn price is estimated to drop in this year. Despite an expected rise in wheat prices, wheat receipts are estimated to decline by USD 0.5 billion from 2016 due to an expected de-growth in wheat quantities sold. Lower soybean receipts (USD 3.2 billion or 7.6%) in 2017 underscore a reduction in quantity sold which is more than offsetting increase in soybean prices. Receipts from Rice are estimated to decline by 4.5% in 2017 which will reflect a reduced average commodity price and quantities sold. The expected growth of USD 2.2 billion or 37.2 % in 2017 cotton receipts will be underscore by a large growth in the quantity of upland cotton sold.
The US is the foremost adopter of GM traits and has the largest number of traits used per hectare. It is anticipated in the coming years, the seed industry will witness the acquisition of some of the private seed companies specialized in 1-2 hybrid crop variants by companies that have invested heavily in the research and development of biotechnology traits. These acquisitions are anticipated in vegetable and fruit seed market.
Key Topics Covered in the Report
Agricultural Farm Income in US
United States Seed Competition
Commercial Seed Sales in United States
US Cotton Seed Market
Average Farm Size in US
US Seed Market
US Seed Market Overview
US Seed Industry Economics
Farm Holding Structure in US
Cash Receipt US Soybean
Syngenta Sale seed in US
Soybean Seed Export US
US Fruits and Vegetable Seed Consumption
Genetically Modified Seed Market US
Monsanto Market Share US Seed Industry
For more information on the market research report please refer to the below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Tuesday, December 12, 2017

North America Contribute approximately 35% of the Global Seeds and Traits Market: Ken Research

GM seed segment is the leading market in the US seed industry owing to the increase in productivity and resistance from pests and herbicides.
The US seeds market is further expected to grow at a CAGR of more than 6% during 2017 – 2022
The report titled “The US Seed Market Outlook to 2022 – By Crop Type (Corn, Cotton, Soyabean, Wheat, Rice, Grain Sorghum, Oats, Vegetable Seeds), by Open Pollinated, Hybrid and Genetically Modified Seeds” by Ken Research anticipate a resilient and challenging outlook for incumbent seed segments such as Corn, soybean and see stable growth in Vegetable seed, Wheat and Sugarbeet seed space with anticipated growth in GM adoption in the next 5 years.
The US is the largest and the most diverse global commercial seed market, which is followed by China, France, Brazil and Canada. The seed industry is the US is concentrated among the few big players though there are over 750 private seed companies engaged in the business with an offering of over 60,000 seed varieties of planting seeds.
The distribution channel in US seed industry varies between multiple states however it is mostly led by the dealer channel and retail channel. Seed companies also tend to sell directly to the farmers in case of large operations. For input providers, channel retailers and dealers are significant partners as they manage directly the relationship with the farmer.
The US has observed the approval of 195 single trait events in 20 crop species: alfalfa (3 events), apple (3), Argentine canola (20), chicory (3), cotton (28), creeping bentgrass (1), flax (1), maize (43), melon (2), papaya (3), plum (1), potato (43), rice (3), rose (2), soybean (24), squash (2), sugar beet (3), tobacco (1), tomato (8), and wheat (1) since 1996. In 2016 itself, food, feed and cultivation approvals were made for apple (1 event), maize (2) and potato (3).
The GM seed crop area in the US recorded a growth of 3% at around 73 million hectares which is about 39% of the global biotech area in 2016. GM seed prices differs with trait stacking/bundling, perceived agronomic conditions in each US region in terms of pest infestations, rainfall, others and availability of substitute seeds, commodity prices, and farmer income.
As the biotech seeds adoption rate is rising, the competition in the seed business has become more challenging. Companies with a high market share in regions which experience significant acreage shifts could realize more loss than companies with a lower share.
According to Ken Research, DuPont Pioneer and Monsanto have continued to dominate over 70% of the corn seed business and about 60% of the soybean seed market in the US in 2016. This level of concentration among major corporations which sell patented seeds makes the seed sector a monopolistic nature in top grain markets. The proposed agrochemical mergers such as Bayer with Monsanto, Dupont with Dow Chemical and ChemChina with Syngenta will make the concentration more intense.
Key Topics Covered in the Report:
US Seed Market
US Seed Market Future
US Corn Seed Market
US Soyabean Seed Market
US Cotton Seed Market
US Wheat Seed Market
US Rice Seed Market
US Grain Sorghum Seed Industry
US Barley Seed Industry
US Oats Seed Demand
US Fruits and Vegetable Seed Consumption
Seed Treatment in US
Monsanto Market Share US Seed Industry
Syngenta Sale seed in US
Bayer competition US Seed Industry
LimaGrain growth US seed Market
Rijk Zwaan sale GM seed US
Sakata revenue seed sale US
Bejo seed sale in US
US Seed Market Overview
US Seed Market Evolution
GM Seed Adoption Rate US
Agricultural Farm Income in US
US Seed Industry Economics
Trends Seed Penetration in the US
United States Seed Competition
Market Share Seed Manufacturers US
Commercial Seed Sales in United States
Forecast Seed Expenditure in US
Farm Holding Structure in US
Average Farm Size in US
Cash Receipt US Soybean
Soybean Seed Export US
Hybrid Seed Market in US
Genetically Modified Seed Market US
GM Seed Sales in US
Revenue Forecast GM Seed US
For more information on the market research report please refer to the below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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South Africa Seed Market is led by Increase in Local Consumption of Seeds, Increase in Net Farm Income and Gradual Growth of Food and Seed Export to African Countries: Ken Research

South Africa Seed market size, market segmentations by open pollinated, hybrid and genetically modified seeds, by crop type (wheat, soybean, oats, sorghum, barley, dry bean, maize, ryegrass, triticale, vegetable seeds), by market structure (organized and unorganized market) and by market source (domestic production and exports). The report also covers market in different aspects such as decision making parameters to choose a seed producer, trends and developments, issues and challenges, SWOT analysis, regulatory scenario, market share of major seed producers, recent industry activities and opportunities, company profiles of major seed producers (DuPont Pioneer, Rijk Zwaan, Monsanto South Africa, Pannar Seed (Pty.) Ltd., Sakata Seed Southern Africa (Pty.) Ltd., Syngenta Seed South Africa (Pty.) Ltd.) in seed market. The report provides detailed overview on future outlook & projections with analyst recommendations for the industry.

•                    Seed market in South Africa has been supported by increase in local consumption of seeds and crops along with gradual stabilization of seeds and food export to other African countries.

•                    Increase in net farm income coupled with development of newer varieties of seed and increase in trade across the globe will lead to market growth in upcoming years.

South Africa seed market is expected to show promising growth over the next five years on account of gradual increase in consumption within the country and export of seeds and crops to other African countries. The SADC countries are fast growing markets and a great opportunity for the seed market of South Africa. Efforts by South African National Seed Organization (SANSOR) to increase the international trade across the globe by active representation at international platform and subsequent promotion will substantially boost the international export and benefit the South African seed market.
Major players such as DuPont Pioneer, Monsanto, Pannar, Syngenta, Sakata and others are continuously innovating and developing newer seeds with higher crop yield and greater resistance to diseases. Such improvements in the Research and Development sector with industry friendly government policies will result in future market growth. The companies are expected to increase their production gradually and in line with the increase in demand of seeds from other African countries.

Ken Research in its latest study, South Africa Seed Market by (Open Pollinated, Hybrid and Genetically Modified Seeds), by Crop Type (Wheat, Soybean, Oats, Sorghum, Barley, Dry Bean, Maize, Ryegrass, Triticale, Vegetable Seeds) - Outlook to 2022, suggests that demand for seeds in the South African market will grow at a modest rate owing to increase in local consumption of seeds and crops along with growth in export of food and seeds to African countries.

Key Topics Covered in the Report:
·         South Africa Seed Market Research Report
·         South Africa Seed Market Size
·         South Africa Seed demand in 2017
·         Competition South Africa Seed Industry
·         Major crop South Africa seed market
·         Market Share of Major Players in South Africa Seed
·         South Africa's Agronomic Seeds Exports
·         Future Outlook for South Africa Seed
·         South Africa seed future growth expected
·         Hybrid seed demand South Africa Seed market
·         GM seed demand South Africa Seed Market
·         DuPont South Africa Revenue from Seed
·         Pannar Seed Production South Africa
·         Sakata South Africa market share
·         Rijk Zwaan sale seed South Africa Market
·         Monsanto South Africa market share seed

For more information on the research report, refer to below link:
https://www.kenresearch.com/agriculture-and-animal-care/seed/south-africa-seed-market/142288-104.html

 Related Reports by Ken Research

Philippines Seed Industry Outlook to 2021- Rising Government Support to Improve Agriculture Sector with Demand for Hybrid Seed to Foster Growth

Philippines Seed Industry Outlook to 2021 - Rising Government Support to Improve Agriculture Sector with Demand for Hybrid Seed to Foster Growth

India Seed Market Outlook to FY’2020 – Rapid Hybridization and Increased Government Support to Foster Future Growth

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
 sales@kenresearch.com
+91-124-4230204
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