Turf and Ornamental Crop Protection Market Was Valued at USD 4,500 Million in 2021, Driven by Growing Golf Courses and Sports Grounds

The Global Turf and Ornamental Crop Protection market is expected to be worth USD 4,600 million in 2022, growing at a high CAGR of 4.5 % from 2022 to 2028. Global Turf and Ornamental Crop Protection Market Type of Grass (Turf Grass (Rye Grass, Blue Kentucky Grass, Zoysia Grass, Tall Fescue, Bermuda Grass and Other Turf Grass), Ornamental Grass (Feather Reed Grass, Fountain Grass, Fibre Optic Grass, Ravenna Grass, Purple Millet and Other Ornamental Grass), Origin (Organic and Synthetic), By Product Type (Insecticide, Fungicide, Herbicide and Others), Mode of Application (Soil Treatment and Foliar Spray) and Geography. Key player's profiles in the report are Bayer AG, BASF SE, Monsanto Company, ADAMA Ltd., Syngenta Crop Protection AG, DuPont., FMC Corporation., Nufarm Ltd, Sumitomo Chemical Co., Ltd. and AMVAC Chemical Corporation. Many crop protection market players have been concentrating on developing new products especially for 'turf and ornamentals. Burgeoning awareness of turf maintenance is expected to create demand for turf protection products. Many global companies focused on patent filings in crop protection to develop new products for turf and ornamental crop protection market.

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Insecticides holds large revenue in the Turf and Ornamental Crop Protection Market
Insecticides accounted for 45% of the market and is expected to grow at a CAGR of 4% between 2022 and 2028. Increasing trend towards golf courses region is expected to enhance the demand for insecticides market over the forecast period. Growing awareness regarding turf and ornamental grass maintenance among key stakeholders and rising concerns about usage of pesticides expected to create demand for turf and ornamental crop protection pesticides. Increased concerns about the maintenance of turf quality, surge in awareness regarding different kinds of pests, diseases are expected to witness for growth in the revenue share of turf and ornamental crop protection market

North America Leads The Turf and Ornamental Crop Protection Market
North America expected to hold the market share of 40% in the turf and ornamental crop protection market in the forecast period, and it is projected to grow at a CAGR of 4% in the coming years. Asia-Pacific is the fastest growing region in this market. Rapid promotion of tourism, increasing area of land under golf courses and gardens is one of the major factors driving this market. Increased in awareness among people in maintaining sports facilities and home landscapes. This results in an increased upkeep, using more inputs such as pesticides, fertilizers and plant growth regulators. Rapidly increasing population and rise in standards of food security are increasing the demand for Forage feed all over the world, mainly in the developing economies of Asia-Pacific region.

Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players
Global Turf and Ornamental Crop Protection market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In March 2019, BASF launched an insecticide, Vebtigra which is helpful for killing insects and protect crops.

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