Morocco Seed Market Size, Share, Opportunities, And Trends By Product (Non-GM/Hybrid Seeds, GM Seeds, Varietal Seeds), By Crop Type (Grains & Cereals, Pulses & Oilseeds, Cotton, Vegetables, Gasoline), And By Sales Channel (Online, Offline) - Forecasts From 2023 To 2028

The Morocco seed market was valued at US$34.138 billion in 2021 and is expected to grow at a CAGR of 2.17% during the forecast period.

The main industry that contributes to the development of sustainable food is the seed business. Today, owing to technological advancements, the seed market in Morocco also contributes to the production of animal feed, bioenergy, and biomaterials.

Production of wheat in Morocco

According to the USDA’s “Grain And Feed Update” report published in September 2022, in addition to 1.89 MMT of common wheat, 0.81 MMT of durum wheat, and 0.7 MMT of barley, the Moroccan government also issued its final estimates for the production of wheat and barley for the 2022 crop. However, due to the extreme drought, the MY2022/23 wheat and barley harvest was down 67 percent from the previous season of 2021. This is predicted to impact the seed market size in the forecast period.

Status of cereal production in Morocco. According to the Ministry of Agriculture, total wheat output in Morocco was predicted to be 32 million quintals in 2022, a 69% decrease from the year 2021. The decrease in grain output can have a significant impact on the country's economy because agriculture typically contributes  13% of the nation's Gross Domestic Product. The fall harvest was mostly impacted by the drought last year.

Rising engagement with other nations

Morocco has turned to South America (Argentina and Brazil) for its wheat supply in MY 2021/22, whereas imports of wheat from Russia and Ukraine have decreased by 46% and 85%, respectively.  According to the USDA’s “Global Agricultural Information Network” report, Morocco’s wheat imports from Brazil and Argentina witnessed an increase of 625% and 151% in 2021. 

The sowing of wheat and barley was delayed in 2022 due to the delayed rainfall. Some places didn't finish sowing until the end of December 2022. This factor will greatly impact the seed market size in Morocco.

Increasing government support

The Marketing and Storage of Certified Seeds are supported by the Moroccan Agricultural Development Fund (ADF). The ADF also assists in investing in the importation of rice seed corporations for carry-over stocks, as well as Monogram sugarbeet seed. The seed companies that subtract the cost of the seed from a farmer's purchase are the recipients of this subsidy. These incentives are only eligible if the rice seeds being marketed have an ONSSA (National Health Security Office for Foodstuffs) certification.

Unorganized new entrants with the low profit-to-cost ratio

According to the APEDA, wheat, and barley are produced in Morocco at a greater rate over the projection period, followed by vegetable crops. Among them, products like tomatoes, beans, olives are rice seeds are shipped more frequently to nearby nations including France, Russia, the United Kingdom, Spain, and Germany. To fulfill the rising need for production,

Morocco depends on Europe for the import of various vegetables and cereal seeds due to concerns about improved quality and drought tolerance. The majority of both exports and imports are made up of vegetable seeds, impacting the seed market size in the country.

Growing manufacturers focus on product innovation

The seed market in Morocco is highly fragmented and consists of two national seed traders' associations (AMSP - Association Marocaine des Semences et Plants and AMMS - Association Marocaine des Multiplicateurs des Semences), national and foreign seed producers, producers' associations, importers and exporters of seed and planting material, research institutions, farmers, and the government. Companies have a strong emphasis on introducing novel seed types, which has helped them gain substantial growth in seed market size in Morocco.

 Key Players

• Agrimatco Morocco, Agrimatco has continued to grow and is now one of the major seed treatment and crop protection solution distributors in the nation. Agrimatco has established itself as a preferred partner of producers, big or little, focused on export or the local market, due to its high-quality goods and ongoing presence in all agricultural regions of Morocco.
• Agrosem to extend the tomato season and address the problem of shelf life, a seed firm in Morocco has created a new tomato variety. The new tomato cultivar has the trade name SV7-886TH or Mexico 86 and has a 20-day shelf life.

 Market Developments.

• In May 2022, The new ICARDA Morocco Genebank was launched in Rabat by Morocco's Minister of Agriculture. One of the most exceptional and comprehensive collections of wheat, barley, and chickpea, is carefully stored in the cutting-edge facility that ICARDA created with the steadfast support of The Kingdom of Morocco, INRA, and the Global Crop Diversity Trust.

Morocco Seed Market Scope:

Segmentation:

• By Product
  • Non-GM/Hybrid Seeds
  • GM Seeds
  • Varietal Seeds
• By Crop Type
  • Grains & Cereals
  • Pulses & Oilseeds
  • Cotton
  • Vegetables
  • Gasoline
• By Sales Channel
  • Online
  • Offline