Amplification in Investments in Agriculture Sector to Guide the Demand for Seeds in Russia: Ken Research

November 2014  

 Seed is a fundamental determinant of agricultural prospects. Additionally, the efficacy of other agricultural inputs also depends on seeds. It is an essential and basic input for augmenting agricultural production and productivity in distinct agro-climatic regions. Seeds of appropriate characteristics are required to meet the demand of diverse agro climatic conditions and rigorous cropping system. Russia represents the largest land area in the world, which provides a huge potential to grow crops and seeds in large volumes. Russia accounted for nearly ~% of the total Europe seed market by revenue in 2013, which is expected to increase in the coming future due to increasing demand for high quality seeds in the domestic and international markets. 


The seed industry in the country, which is contributed by joint stock companies, international companies and domestically owned private companies have showcased enumerable potential to cater to the demand for seeds among farmers, dealers and distributors. It has been observed that majority of the seeds supplied in the market are being controlled by domestic dealers, agents and distributors.
 
The seeds of various agricultural crops have been developed over the years in Russia. These seeds are freely exchanged with other communities and have led to the development of new varieties over the years. Factors such as escalating income, altering food habits and growing export of crops have helped Russia in gaining momentum in terms of crop and seed production over the recent years. The dominant contribution of the crop seed segment can be significantly attributed to the increasing demand for barley and oilseeds considerably for the production of fossil fuel or bio-fuels.
 
The future of Russia seed industry is expected to be favorable on account of impelling demand due to increased subsidies and increasing government efforts to promote the use of high yielding varieties and increasing investments for research and development of new varieties of crops.
 
The report titled "Russia Seed Market Outlook to 2018 – Cost-Effective Non-Hybrid Seeds to Drive Market Growth" covers various aspects such as market size of Russia seed industry by sales value and production volume, segmentation on the basis of hybrid and-non-hybrid seeds, by vegetable and non-vegetable seeds, by domestic and export seed markets and by formal and informal industry structure. The report is useful for seed manufacturers, suppliers and wholesalers, and new players venturing in the market.
 
Key Products/Seeds Mentioned in the Report
 
Wheat and Corn
 
Soybean
 
Sunflower
 
Rapeseed
 
Mustard seed
 
Hybrid and Non-Hybrid Seeds
 
Vegetable and Non-Vegetable Seeds
 
 
 
Companies Covered in the Report
 
Monsanto
 
Syngenta
 
DuPont
 
Bayer
 
Agrifirm Ailita
 
Gavrish
 
Agrifirm Sedek
 
Agro Field
 
Agrofirm Flos
 
 

Related Reports:

Vietnam Seed Industry Outlook to 2018 - Rice Seed and Hybridization to Drive Future Growth

India Seed Industry Outlook to FY 2018 - Rapid Hybridization in Vegetables, Corn and Rice to Impel Growth

 

 

Contact: 
Ken Research
Ankur Gupta, Head Marketing & Communications
Query@kenresearch.com
+91-11-47017199