Spain Seed market size, market segmentations by open pollinated, hybrid and genetically modified seeds, by crop type (wheat, barley, maize, rice, rye, sugar beet, vegetables, olives, grapes and other fruit 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, Bayer & Monsanto, Rijk Zwaan, Semillas Fito, Semillas Battle, Intersemillas and Ramori Arnedo) in seed market. The report provides detailed overview on future outlook & projections with analyst recommendations for the industry.
- Seed market in Spain has been supported by increase in production, consumption and export of cereal food products and progressive policies adopted by the government for the development of agricultural sector.
- The rise in demand for organic food products, R&D programmes for breeding newer varieties of seeds and growth of indigenous seed companies will lead the growth of the Spanish seed market in the upcoming years.
Owing to the increase in domestic consumption and export of crops and food products, the seed market in the country is likely to witness a gradual growth rate. The agriculture sector in the country has witnessed growth after the debt crisis in 2010, and is likely to grow further. The Common Agricultural Policy (CAP) has provided support to the Spanish farmers in the form of direct payments and has been a key driver of the agriculture sector in the country. With the gradual growth of the agriculture sector the seed industry is also expected to grow. The country is the largest producer of GM corn in Europe and owing to the increase in demand the production is likely to grow further.
The demand for Spanish grape wine and olives is high in the European market, which has supported the growth of seed market in the country. Owing to the decrease in the overall land under cultivation in the country, companies are introducing newer varieties of seeds with higher yield and disease resistance. Trends like this have supported the breeding programmes of global and local companies. Organic farming is also on the rise in the country. The number of organic farms has increased considerably in the country in the past few years. Owing to high demand in the European market for organic food products the number of organic farms and production of organic food products is expected to grow substantially in the future which will further augment the growth of the seed market in the country.
Ken Research in its latest study, Spain Seed Market by Technology Type (Open Pollinated, Hybrid and Genetically Modified Seeds) by Crop Type (Wheat, Barley, Maize, Rye, Sugar beet, Vegetables, Olives, Grapes and Other Fruit Seeds) – Outlook to 2022, suggests that the seed market in the Spain will grow at a gradual rate owing to increase in production and export of cereal food products, increase in number of organic farms and R&D programmes initiated by companies for breeding newer varieties of seeds.
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Ankur Gupta, Head Marketing & Communications