Product Code: ETC384702 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Kuwait Seeds Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at -1.06% in 2025 and reaches 9.49% by 2029.
Kuwait seeds market is expected to witness significant growth over the next five years, largely driven by government initiatives such as the Seed Law of 2018 and various public-private partnerships for research and development. Additionally, increasing demand from farmers due to rising population levels has contributed to this surge in demand. The growing use of genetically modified organisms (GMOs) also plays an important role in driving seed consumption.
The major drivers contributing to the growth of this market include initiatives taken by the Kuwaiti government towards modernizing agriculture through efficient seed production, availability of high-quality agricultural produce at low prices, increased investments in R&D activities for higher yields in crops, technological developments like precision farming & climate-smart agriculture, etc., availability of improved storage facilities enabling extended shelf life and export potentiality among other factors.
The challenges faced by the industry include a lack of skilled labor for operating technologically advanced machines or equipment, limited access to water resources coupled with extreme temperatures making cultivation difficult, and expensive inputs that increase cost burdens on small-scale farmers. Low penetration rates across rural areas also pose a hindrance in the adoption level of new technologies like digital solutions or smart farming techniques which can be beneficial for boosting productivity & efficiency levels within farms.
Key players operating within the Kuwait seeds market include Al Dahra Agriculture Company(UAE), OCP Group (Morocco), BayWa AG (Germany), Limagrain Holding(France) KWS SAAT SE (Germany), Syngenta AG(Switzerland) alongside many local players who are involved into trading/processing/distribution activities related to agro products including seeds items as well.
The Covid-19 pandemic has severely affected global economic operations due to stringent restrictions implemented worldwide leading to disruption within supply chain networks causing delays in shipments both internationally & domestically thus impacting businesses related to it adversely. This situation is likely to persist during 2020 however having a positive outlook amid 2021 depending on how quickly economies revive after recessionary pressures put forth by pandemic effects globally