Sports Turf Seed Market Global Competitive Landscape Analysis Report 2021-2028


Posted April 29, 2022 by MarketResearch7

The global sports turf seed market size is estimated to register a substantial CAGR during the forecast period, 2021–2028.
 
The global sports turf seed market size is estimated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the demand for development of both commercial property and the aesthetic & environmental benefits of turfgrass, especially in urban landscapes.

A seed refers to the ripened fertilized ovule of a flowering plant, containing an embryo and capable of germination to produce a new plant. Seeds have been defined here as the seeds for sowing to grow sports turf.

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It is anticipated that at least 35 million kids between 5 and 18 plays an organized sport each year in the US. Among them, 21 million are involved in non-school youth sports, which are expanding. Youth soccer, for instance, rose from 2,388,000 players in 1995 to 3,020,000 in 2012. By 1930s, there were 51 FIFA members. In 1950, the number reached 73. Over the next half-century, football's popularity significantly attracted new devotees, and at the end of the 2007 FIFA Congress, FIFA had 208 members in every part of the world.

The Covid-19 pandemic had an adverse impact on the sports turf seed market. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations, travel bans and quarantines, and all indoor and outdoor events restricted; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

Market Trends, Drivers, Restraints, and Opportunities
• Increasing applications and advancements in automated watering and rainwater infiltration technologies are expected to drive the market during the forecast period.
• Rising demand of sports turf seed for development of commercial property and environmental & aesthetic benefits and of turfgrass are estimated to propel the market in coming years
• Growing popularity of various sports such as football, baseball, soccer, and tennis are projected to boost the demand sports turf seed and thereby, projected to fuel the market.
• Increasing number of turf-related injuries is anticipated to impede the sports turf seed market.
• R&D investment and technological advancement in the sports turf seed market are expected to offer lucrative opportunities for the market players.

Market Segment insights

The Football segment is projected to constitute a large market share
Based on application, the sports turf seed market is segregated into golf tolerant, football, baseball, and other applications. The football segment is expected to account for a key share of the market during the forecast period owing to the growing popularity of the sport and increasing number of tournaments. Furthermore, youth soccer rose from 2,388,000 players in 1995 to 3,020,000 in 2012 and is still rising at a rapid pace which is likely to surge the sports turf seed market.

North America is expected to dominate the market
In terms of regions, the market is broadly classified into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is anticipated to expand at a robust CAGR during the forecast period. Rising demand for turfgrass from United States as Kentucky Bluegrass is primarily cultivated in the United States, and it has the foremost demand, thus, it is expected to drive the market growth in near future. Furthermore, growing popularity of various sports such as baseball, soccer, football, and tennis are estimated to provide lucrative opportunities for the market growth.

Compititive Landscape
Key players competing in the sports turf seed market include Ampac Seed Company; Brett Young; Columbia Seeds; DLF-Pickseed USA; and Graham Turf Seeds Lt.

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Categories Business , Reports
Tags sports turf seed market , sports turf seed market cagr , sports turf seed market share , sports turf seed market size
Last Updated April 29, 2022