The Middle-East and Africa wheat seed market size is expected to reach USD 0.28 billion in 2024 and is anticipated to reach USD 0.32 billion by 2029, estimated to be growing at a CAGR of 3.17% from 2024 to 2029.
Wheat is one of the important staple crop cultivated widely for its seed, a cereal grain. Wheat is leading protein food and important source of carbohydrates. It is also a good source of fibre, manganese and magnesium in its unrefined state. The wheat crop is high volume and low profit owing to production by heavily subsidized government seed programmes. The wheat crop can be widely adaptable and grown in tropical and sub-tropical zones and also in cold traces of the north, beyond the 60-degree north latitude.
Different products are derived from wheat, including flour, wheat, bran, bulgur, wheat germ, wheat germ oil, and pasta. Wheat flour is used in baked goods such as bread, cookies and muffins. Wheat grain is a source of alcoholic beverages and bran from flour milling is important for livestock feed. The most common forms of wheat are red and white wheat. Black, yellow and blue wheat are commercially minor but nutritionally promising species. Technology innovation in the wheat industry includes seed storage and germination ability which is amplifying the wheat seed market around the world.
The Middle East and Africa, Wheat Seed Market, are mainly driven by the demand for food due to the increasing population around the world and concern about healthy food. In addition, factors like changing lifestyles, increase in disposable income, technological innovations in the production, storage, and transportation of seeds, favorable government reimbursements, and the success of hybrid seeds and highly nutrition food compared to other cereals are also driving the growth of the Middle East and Africa wheat seed market. However, High labour cost, unfavourable weather condition and traditional harvesting methods are hampering the growth of the market.
Key players dominating the Middle-East and Africa wheat seed market are Syngenta, Monsanto Company, E. I. du Pont de Nemours and Company, Bayer Crop Science AG, Advanta, Pro Harvest, RAGT, Agrovegetal, Lima grain, Northern Seeds, KWS Saat, C & M Seeds and China National Seed Group.
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