Press release
Grass Seeds market Global Demand And Precise Outlook 2021-2026 | Allied Seed, LLC, Nilsen Feed & Grain Company,
Grass seeds are used to expand the green space around one’s home or to improve the existing lawn. Grasses are seeded when temperature and soil moisture are optimal for germination. The grass seeds are classified as warm season and cool season based on their growth cycle.Grass seeds spread more easily than turf seeds, these seeds are also easy to store, light to carry, and have a storage life of several years, which in turn pose as major advantages of grass seeds, thus fueling grass seeds market growth. Furthermore, grass seeds are more cost-effective as compared to turf grass seeds, thus driving growth of this market. For example, grass seeds cost US$ 0.24 per square foot installed, whereas turf grass seeds cost US$ 1.29 per square foot installed. Thus, the low cost and easy installation associated with grass seeds is expanding the grass seeds market size.
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Market Taxonomy
On the basis of product type, the grass seeds market is segmented into:
Warm Season
Cool Season
On the basis of application, the grass seeds market is segmented into:
Golf
landscaping
Sports
Others
On the basis of distribution channel, the grass seeds market is segmented into:
Hypermarket
Supermarket
Specialty Stores
Online Stores
Others
However, heavy rainfall may wash seed off slopes and these seeds being prone to attacks by birds in turn, are hindering growth of the market. This is thus, influencing various manufacturers to focus on launching grass seed treatment products. For instance, in March 2016, Rigby Taylor, launched a grass seed treatment, Germin – 8, which stimulates and support accelerated germination. Accelerated germination enables growing plants to benefit from applications of pre-seed fertilizers and bio-stimulants, to significantly increase the speed of establishment. Additionally, labor and harvesting cost associated with grass seeds is negatively impacting growth of this market.
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The market in Europe is expected to witness significant growth in terms of value and is expected to retain its dominant position over the forecast period. This growth is attributed to the increasing gardening activities in this region. According to The Horticultural Trades Association (HTA), in 2016, U.K consumer spent around US$ 1.64 billion on garden plants, US$ 1.99 billion on garden care, and US$ 1.7 billion on garden leisure.
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