Global Sports Turf Seed Market (2020 to 2025) - Growth, Trends and Forecast - ResearchAndMarkets.com

DUBLIN--()--The "Sports Turf Seed Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.

The global Sports Turf Seed Market is expected to register a CAGR of 5.1% during the forecast period (2020-2025). Recent advancements, like automated watering and rainwater infiltration technologies, have made the management further simple. This resulted in lawn managers opt for natural turf seeds.

The turf and grass seed industry remains extremely competitive and continues to grow rapidly due to the strong demand for development of both commercial property and the environmental and aesthetic benefits of turfgrass, especially in urban landscapes. North America is the largest market for cereals and grains seeds and is expected to remain dominant during the forecast period. World trade of sports turf grass seeds revolves around five major players. The United States is by far the largest producer and exporter of sports grass seed in the world. The United States is followed by Europe, followed by Canada and New Zealand. The other nations of significance are Argentina and the Czech Republic.

Companies Mentioned

  • Ampac Seed Company
  • BrettYoung
  • Columbia Seeds
  • DLF-Pickseed USA
  • Graham Turf Seeds Ltd
  • Hancock Seed Company
  • La Crosse Seed Corporation
  • Landmark Turf & Native Seed
  • Nutrifeed
  • Pennington Seed Inc.
  • Royal Barenbrug Group
  • Strover Seed Company
  • Summit Seed
  • Turf Solutions Ltd

Key Market Trends

Increase in the Number of Tournaments

There is increased demand for sports over the years which is leading to increased number of tournaments. It's estimated that at least 35 million kids between 5 and 18 currently play an organized sport each year in the U.S. Of that, 21 million are involved in non-school youth sports, which have been expanding. Youth soccer, for example, has risen from 2,388,000 players in 1995 to 3,020,000 in 2012 with a near even split between girls and boys. By the late 1930s there were 51 FIFA members; in 1950, after the interval caused by the Second World War, that number had reached 73. Over the next half-century, football's popularity continued to attract new devotees and at the end of the 2007 FIFA Congress, FIFA had 208 members in every part of the world.

North America is the Fastest Growing Market

North America is the fastest-growing region, owing to the upcoming strong demand in the United States. The most important cold season turfgrasses are Kentucky Bluegrass, Tall Fescue, and Ryegrass. Zoysia, Bermuda grass and St. Augustine are the chief sub-types of the warm season turfgrass. Kentucky Bluegrass is mainly cultivated in the United States and has the maximum demand. The demand for seed varieties is relatively high for Bermuda grass. Turfs are being increasingly used for various sports, such as American Football, Baseball, Soccer, Tennis, etc. which creates demand for turfgrass seed.

Tennis is one of the few international elite-level sports that is played on many different surface types. Hence, it gives ample scope for the market growth in turf seed production. Although there is increased usage of turfs in sports, reports of turf-related injuries are also increasing. According to research conducted by Natural Grass, a leading manufacturer of natural turfs, the risk of ACL (Anterior Cruciate Ligament) injury is higher in the case of artificial turfs, compared to natural turf. Thus, the demand for natural turf seed in the US market is expected to increase.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.3 Market Restraints

4.4 Industry attractiveness- Porter's Five Force Analysis

5 MARKET SEGMENTATION

5.1 Application

5.1.1 Golf

5.1.2 Football

5.1.3 Baseball

5.1.4 Others

5.2 Geography

5.2.1 North America

5.2.2 Europe

5.2.3 Asia-Pacific

5.2.4 South America

5.2.5 Middle-East & Africa

6 COMPETITIVE LANDSCAPE

6.1 Most Adopted Strategies

6.2 Market Share Analysis

6.3 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900