Seeds and bulbs and seedlings and cuttings
The market for seeds and bulbs in the Eastern Cape is worth about R4.9 million, which is a decent size for a niche market. What's interesting is that this market isn't growing or shrinking, with zero year-on-year growth, so it's a relatively stable space. You'll be competing with about 10 other suppliers for business from a single department, so it's not overly crowded. To increase your chances of success, it's worth noting that a significant portion of the spend, about 85%, goes to black-owned businesses, so ensuring your business meets the relevant Broad-Based Black Economic Empowerment (B-BBEE) criteria could be beneficial. Now that you have a sense of the market, your next step should be to research the specific needs of the department involved and tailor your offerings to meet those needs.
R5M
10
1
R449K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
85.1%
46.5%
26.0%
0.5%