Market Size of Morocco Seed Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 2.10 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Morocco Seed Market Analysis
The Morocco Seed sector is estimated to grow at a CAGR of 2.1% during the forecast period 2020-2025. The Agricultural sector including both agriculture as well as agro-industry contributes 19% of the countries GDP. The National policy which is The Green Morocco Plan (Plan Maroc Vert, PMV) enables the Moroccon agriculture in terms of high productivity by encouraging the private investments, improving the export opportunity and modernizing the agriculture. In 2018, the agriculture produce saw a growth of 27% along with a 4% increase in exports compared to the previous year despite the late rainfall as per the FAO report.
The seed system in Morocco includes national and foreign seed producers, producers' associations, importers & exporters of seed and planting material, research institutions, farmers, the government, and two national seed traders' associations (AMSP - Association Marocaine des Semences et Plants; AMMS - Association Marocaine des Multiplicateurs des Semences). GM seeds have no significant presence in the country and imports of GM seeds are not allowed either.
Morocco Seed Industry Segmentation
The seed is one of the most basic and important agricultural inputs and it forms the third-largest inputs market after agrochemicals and farm machinery, globally. Traditionally, the seed industry is the major contributor to sustainable food production. However, nowadays with the advancement of technology, the industry is also contributing to animal feed, bio-energy and bio-materials production. The Morocco Seed Market is segmented by Product type into hybrid seeds, conventional seeds, and varietal seeds, by Crop Type into Row Crops - Rice, Wheat, Maize, Millet, Cotton, and Other Row Crops, and Vegetables - Onion, Tomato, and Other Vegetables.
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Non-GM/Hybrid Seeds | |
GM Seeds | |
Varietal Seeds |
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Other Crops |
Morocco Seed Market Size Summary
The Morocco seed sector is poised for growth, driven by the agricultural sector's significant contribution to the country's GDP and the supportive framework of the Green Morocco Plan. This national policy aims to enhance agricultural productivity through private investment, export opportunities, and modernization efforts. The seed system in Morocco is characterized by a diverse network of national and foreign seed producers, associations, importers, exporters, research institutions, and government bodies. Despite the absence of genetically modified seeds, the sector benefits from subsidies provided by the Agricultural Development Fund, which supports the marketing and storage of certified seeds. This financial assistance is crucial for the commercialization of national seed production, particularly in wheat and barley, which are among the leading crops in the country.
Morocco's seed market is also influenced by its reliance on imports to meet the growing demand for high-quality vegetable and cereal seeds, particularly from European countries known for their superior quality and drought tolerance. The country exports a significant portion of its agricultural produce, including tomatoes, beans, and olives, to various European nations. The seed sector's fragmentation is addressed by the government's efforts to facilitate both import and export activities, supported by subsidies for seed marketing and storage. Companies in the sector are actively introducing new seed varieties, which has enabled them to capture substantial market shares. This dynamic environment underscores the importance of both domestic production and international trade in sustaining Morocco's seed industry growth.
Morocco Seed Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain / Supply Chain Analysis
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1.5 Porters Five Force's Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product
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2.1.1 Non-GM/Hybrid Seeds
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2.1.2 GM Seeds
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2.1.3 Varietal Seeds
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2.2 Crop Type
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2.2.1 Grains and Cereals
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2.2.1.1 Maize
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2.2.1.2 Rice
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2.2.1.3 Wheat
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2.2.1.4 Sorghum
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2.2.1.5 Other Grains & Cereals
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2.2.2 Pulses and Oilseeds
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2.2.2.1 Soybean
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2.2.2.2 Sunflower
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2.2.2.3 Canola
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2.2.2.4 Pulses
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2.2.2.5 Other Oilseeds
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2.2.3 Cotton, Vegetables
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2.2.3.1 Solanaceae
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2.2.3.2 Cucurbit
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2.2.3.3 Roots & Bulbs
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2.2.3.4 Brassica
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2.2.3.5 Other Vegetables
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2.2.4 Other Crops
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Morocco Seed Market Size FAQs
What is the current Morocco Seed Market size?
The Morocco Seed Market is projected to register a CAGR of 2.10% during the forecast period (2024-2029)
Who are the key players in Morocco Seed Market?
QualiBasic Seed Company, Zambia Seed Company Limited, takii seed, Known-You Seed Company and agrosem are the major companies operating in the Morocco Seed Market.