Turkey Seed market size, market segmentations by open pollinated and hybrid seeds, by crop type (wheat, barley, maize, sunflower, soybean, cotton, forage and fruits & vegetable seeds), by market source (domestic production and imports) and by market structure (organized and unorganized market). The report also covers market in different aspects such as trends and developments, issues and challenges, SWOT analysis, trade scenario, regulatory scenario, market share of major seed producers, company profiles of major seed producers (DuPont Pioneer, Syngenta, Monsanto, Rijk Zwaan, MAY Seeds, Yuksel Seeds Ltd., Vilmorin Anadolu Tohumculuk AS, Ozbugday Seed Inc., Manier Tohumculuk (Manier Seeds), Hazera Seeds and Beta Agriculture and Trade AS) in seed market. The report provides detailed overview on future outlook & projections with analyst recommendations for the industry.
- Seed market in Turkey has been supported by the new seed policy introduced by the government in 2006 which has extensively promoted the use of certified seeds.
- The rise in demand for organic food products from the European market, breeding programmes maintained by government, private companies and increase in domestic consumption of food products along with the incentive policy of government will lead the growth of the Turkish seed market in the upcoming years.
A wide range of tropical and temperate crops are grown in Turkey owing to the country’s climatic and geographical conditions. However, the country’s seed sector is in the evolving phase. The government has focused on making Turkey a major seed producing nation in the world. A systematic implementation of policies has resulted into significant growth of the market in the past few years. The new seed policy implemented in 2006 extensively promoted the use of certified seeds in the country. In 2017 the government has started a new subsidy policy under which farmers will be provided financial assistance for using domestically produced certified seeds. It is expected that this policy will not only boost the use of domestically produced seeds but will also lead to increase in overall crop production and attract more people towards agriculture sector. Subsidies like this will provide local breeders and seed companies a platform to compete with the global giants and will also lead to improvement of the overall seed quality. The seed market in Turkey has a huge room to grow as the export opportunities to the European, Middle Eastern and Asian market are huge. The government and private companies are extensively involved in breeding programmes and developing new seed for the local market. Initiatives like this are expected to fuel growth in the seed market in the future.
Organic farming is another promising sector that has a huge growth potential in the country. There is a huge demand for such products from the European market. Currently the trend for consumption of organic products is not prevalent in Turkey; this presents a huge opportunity for the seed market in Turkey. With increased awareness about the benefits of consuming organic products in the country, the local consumption of such products will grow substantially and so will the demand for seeds in organic farms. Organizations like the Seed Industrialist Sub-Union (TSUAB) are working hard for the growth of the overall industry and provide local breeders and companies to grow into international markets.
Ken Research in its latest study, Turkey Seed Market by Technology Type (Open Pollinated and Hybrid Seeds) by Crop Type (Wheat, Barley, Maize, Sunflower, Soybean, Cotton, Forage and Fruits & Vegetable Seeds) – Outlook to 2022, suggests that the seed market in the Turkey will grow at a substantial rate owing to subsidy policy initiated by the government, increase in export of organic food products to Europe and increase in local consumption of seeds.
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Ankur Gupta, Head Marketing & Communications