Press release
Native Grass Seeds Market Revenue, Manufacturers, Customer Needs and Forecast to 2027
Native grass seeds play an important role in prevention of erosion apart from restoring and maintaining natural landscapes such as wetlands, streams, native prairies, woodlands, parks, and sensitive habitats. This in turn has led to high adoption of native grass seeds, thereby aiding in growth of the market.Among applications, land conservation & rehabilitation segment accounted for the largest market share in 2018, in terms of revenue. Soil erosion is a major threat to sustaining long-term crop yields. Moreover, sediment deposition in streams is a major threat to aquatic habitats. Native grasses offer more advantages in maintaining soil quality over other crops. For instance, erosion losses associated with corn are over 70 times higher as compared to native grasses produced on the same land as per data published by Elsevier Science Ltd. Therefore, such factors are expected to drive growth of the native grass seeds market during the forecast period.
Native grass seeds are marketed through offline stores such as hypermarkets, supermarkets, and specialty seed stores. Majority of customers prefer to purchase native grass seeds that are stocked by specialty stores. Increasing number of hypermarket and supermarket chains, promotional and marketing activities in the form of offering lucrative discounts on native grass seeds, wide variety of products to choose from, and fair presence of private label products are some of the major factors boosting growth of native grass seeds market during the forecast period. According to India Brand Equity Foundation, retail market in India is expected to reach US$ 1,200 billion in 2021 from US$ 795 billion in 2017.
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Among applications, the land conservation and rehabilitation segment is expected to witness significant market share in the global native grass seeds market. In 2018, the segment accounted for 52.0% share in the global native grass seeds market in terms of revenue. Native grasses & legumes, single or in combination reduce soil erosion & soil runoff when rotationally cultivated with main crops, which helps to improve crop yield. Therefore, such factors are projected to drive growth of the land conservation and rehabilitation segment over the forecast period.
Among regions, North America held dominant position in the global native grass seeds market, in terms of revenue share, in 2018. This is owing to increasing demand for fertilizers and significant growth of agriculture sector. According to United States Department of Agriculture, in 2017, Agriculture, food, and related industries contributed US$ 1.053 trillion to U.S. gross domestic product (GDP), a 5.4-percent share out of which America’s farms contributed about 1 percent of GDP i.e. nearly US$ 132.8 billion of this sum.
Detailed Segmentation:
Global Native Grass Seeds Market, By Product Type:
Warm Season
Cool Season
Mixture
Global Native Grass Seeds Market, By Application:
Land Conservation & Rehabilitation
Landscaping
Animal Grazing & Hay
Biofuel
Fertilizers
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Major players operating in the native grass seeds market include, Millborn Seeds Inc., Outsidepride.com, Inc., Star Seed Inc., Wildflower Farm, Prairie Seed Farms, Bamert Seed Company, Everwilde Farms, Inc., American Meadows, Missouri Seeds Southern, Hedgerow Farms, Roundstone Native Seeds LLC, and others.
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