- Italy Seed Market Competition 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 Italian seed market in the upcoming years.
The Competition in Italy Seed Industry is small in comparison to its European counterpart countries and is mainly dependant on imports. Current size of seeds industry in the country, does not justify the potential Italy has in terms of production capacity. Favourable climatic conditions, good infrastructure and progressive government policies make Italy a country with exponential growth opportunities. The Seed Market in Italy has a huge room to grow and reach its maximum potential. The market is expected to substantially grow in future due to a number of reasons. The primary reason that is expected to fuel the growth of the seed market is the initiatives made to promote and fund research and breeding programmes for newer varieties of seeds by the government and seed companies. These initiatives will lead to the overall development of the seed industry in the country. Owing to such programmes, export of seeds is also likely to increase. This will change the overall image of Italy from a seed producing country to a country that is on the forefronts of research and innovation in the seed industry.
Organic farming is another sector that has a huge growth potential in the country. The Italy Seed Market Growth Analysis trend for consumption of organically produced food products is growing at a very fast pace in the country. This trend has led to an increase in the number of organic farms in the country and subsequently growth in consumption of seeds. This trend is likely to continue in the future and augment the seed market in the country. Associations like Assosementi are working hard to develop channels and methods so to that everyone involved in the seed business in the country is benefitted. Such initiatives will lead to overall development of the seed industry.
Ken Research in its latest study, Italy Seed Market by Technology Type (Open Pollinated and Hybrid Seeds) by Crop Type (Durum Wheat, Common Wheat, Barley, Rice, Maize, Sunflower, Soybean, Sugar beet, Potato, Ryegrass, Clover Seeds) – Outlook to 2022, suggests that the seed market in the Italy will grow at a substantial 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.
For more information on the research report, refer to below link:
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Ankur Gupta, Head Marketing & Communications
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