Global Sports Turf Seed Market - Growth, Trends and Forecasts (2017 - 2022)
The global sports turf seed market was $XX Million in 2015 and is expected to reach $XX Million by 2020, registering a CAGR of 4.6% during the forecasted period from 2015 to 2020. Turf grasses are the lush green grasses covering the ground aesthetically in any surrounding venue- be it home, playground, sports ground or a golf course. Cultivated turf grass has become a pervasive feature of urban landscape in many developed regions of the world including USA. Turf grass provides three major benefits to human activities- functional, recreational and ornamental. Turfs and lawns are developed for the purpose of controlling soil erosion, minimizing weeds and reducing the dust generated by foot traffic while improving the aesthetic appeal of the land.
With the increasing importance of playersâ€™ safety, global demand for turf from sports industry is increasing thereby driving the market. Growth of the turf industry is proportional to the turf seed quality used for the cultivation. Developing a turf grass scientific cultivar involves an extensive process of crossing, selecting and trialing potential cultivars. Improved seed varieties, R&D initiatives, increased awareness and lifestyle changes are some of the factors that are driving the turf seed market. Life style changes and increasing urbanization in developing economies such as China and India are helping to propel the market further.
The most important cold season turf grasses are Kentucky Bluegrass, Tall Fescue, and Ryegrass. Zoysia, Bermuda grass, and St. Augustine are the chief sub-types in warm season turf grasses. Kentucky bluegrass is mainly cultivated in US and is one of the most used turf in demand. The demand for seed varieties is relatively high for Bermuda grass.
North America is the dominant region owning to strong demand in the US. All most all turf grass production of US happens in Oregon area.US is then followed by Canada. European countries produce ryegrass mainly in Denmark, Germany, and Netherlands etc. China and India consist the major consumers in Asian region followed by Middle East. Great demand is there in Middle East given to its high importance of landscaping, parks, sports facilities etc. in urban areas.
Numbers of players have been entering into the market expecting exponential growth in the near future. Some major companies operating here are-Barenburg USA, Ampac Seed Company, Sakata (Japan), Takii (Japan), The Scotts Co, Caudill Seed co. etc. Global seed breeder and producer DLF Trifolium, and its Johnsons Sport Seeds Cultivars dominated the market rating with its high performing sports grasses.
Key Deliverables in the Study
Market analysis for the global sports turf seed market, with region specific assessments and competition analysis.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market.
Extensively researched competitive landscape section with profiles of major companies along with their market shares.
Identification and analysis of the macro and micro factors that affect the global sports turf seed market.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.