Portugal Seed Market

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Portugal Seed Market Production Output
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The modest growth in the agricultural sector,
increase in number of farmers due to financial
and training support by the government, increase
in demand for Portuguese grape wine and olive
along with growing popularity of organic farming
in the country have been the key factors
supporting growth in Portugal Seed
Market.  Majority of the demand in the Portuguese
seed market is from wheat, maize, rice, olive,
grapes, triticale, legumes, flowers, vegetables
and forage seeds. Demand for open pollinated
seeds was the highest, followed by hybrid and
genetically modified seeds. The key growth
drivers of the seed market have been the
financial support under the Common Agricultural
Policy (CAP), Portuguese governments support
for capacity building and training of young
farmers and rural development programmes which
have led to setting up of thousands of new
farmers and other jobs in the agricultural
sector. This facelift of the agriculture sector
in the country has directly and positively
affected the seed market in the country.
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Portugals economy witnessed debt crises during
2010-2014, but surprisingly the agriculture
sector saw a modest and quick revival after the
crises. The Common Agricultural Policy (CAP) of
the European government has made available EUR 4
billion in the form of direct payments for
Portuguese farmers. The revival of the
agricultural sector along with growing popularity
of organic farming and increasing demand for
Portuguese grape wine and olives have augment
the growth of the seed market in Portugal.  
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The report titled Portugal Seed Market by (Open
Pollinated and Hybrid Seeds), by Crop Type
(Wheat, Maize, Rice, Olive, Grapes, Triticale,
Legumes, Flowers and Forage Seeds) - Outlook to
2022 by Ken Research suggested a growth at a
positive CAGR in revenues in Portugal seed market
due to growth of agriculture sector, increasing
popularity of organic farming and rise in demand
for Portuguese grape wine and olives in next 5
years till 2022.
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For more information on the research report,
refer to below link https//www.kenresearch.com/a
griculture-and-animal-care/seed/portugal-seed-mark
et-research-report/142304-104.html  Related
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Production and   Contact UsKen ResearchAnkur
Gupta, Head Marketing CommunicationsAnkur_at_kenre
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