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Sports Turf Seed Market Size, Growth, Trends, Outlook Report 2033
Sports Turf Seed Market Size
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According to The Business Research Company's, The sports turf seed market size has grown strongly in recent years. It will grow from $2.47 billion in 2023 to $2.66 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to increasing interest in sports, rising number of sports infrastructure projects, growing awareness of environmental sustainability, increase in landscaping and gardening initiatives, and growing demand for lawn management.
The sports turf seed market size is expected to see strong growth in the next few years. It will grow to $3.64 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing emphasis on the creation of green spaces, increasing the number of turf-related injuries, growing demand for warm-season grass, raised concerns about water pollution, soil degradation, and government initiatives and funding for sports infrastructure. Major trends in the forecast period include technological advancements, the development and adoption of drought-resistant turf seed varieties, use of smart technology for turf management, customized turf seed blends tailored to specific sports, and automatic watering and rainwater infiltration.
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Market Drivers and Trends:
The increasing number of sports participants is expected to propel the growth of the sports turf seed market going forward. Sports participants are individuals who engage in physical activities or competitions organized as sports. The increasing number of sports participants is due to the awareness of the health benefits of physical activity, increased professional opportunities, and modern lifestyles. Sports turf seeds provide a durable, safe, and aesthetically pleasing playing surface and are fundamental to the success of various sports activities. Turf helps reduce surface temperatures on sports fields, making the environment more comfortable for players and spectators, particularly in hot climates. For instance, in March 2024, according to the Sports Destination Management Report, a US-based company that offers event management, around 80% of Americans aged six and older engaged in at least one sport or fitness activity, marking a 2.2% increase from 2022. Additionally, the number of Americans participating in such activities has risen annually for the past decade, with an increase of 5 million participants in 2023 alone. Therefore, an increasing number of sports participants driving the sports turf seed market.
Major companies operating in the sports turf seed market are focused on developing innovative solutions such as seed enhancement solutions to improve germination rates, increase disease resistance, enhance drought tolerance, and ensure faster turf establishment by creating more resilient and high-performing playing surfaces for sports fields. Seed enhancement solutions refer to various treatments and technologies applied to grass seeds, ensuring that sports turf can withstand the physical demands of athletic activities, provide a safe playing surface, and maintain aesthetic appeal with lower maintenance costs. For instance, in August 2024, DLF Seeds, a Denmark-based company that offers turf seeds, launched 4Most Seed Enhancement, a new seed enhancement solution designed to focus on environmental sustainability for turf and forage applications. This innovative product aims to improve seed performance and establishment rates while reducing the need for additional fertilizers. The formulation includes slow-release nitrogen and beneficial microorganisms tailored for turf and forage, enhancing seedlings' nutrition and promoting deeper root systems.
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Major Key Players of the Market:
Central Garden & Pet Company, Nufarm Limited, The Scotts Company, Barenbrug Group, Advance Seed, La Crosse Seed Corporation, Ampac Seed Company, Mountain View Seeds, Allied Seed LLC, Columbia Seed Co. Ltd., Brett-Young Seeds Ltd., Green Velvet Sod Farms, Jonathan Green Inc., DLF Seeds A/S, Hancock Seed Company, Germinal Holdings Ltd., Pure Seed, Turf Merchants Inc., Landmark Turf & Native Seed, Johnsons Sports Seed
Sports Turf Seed Market 2024 Key Insights:
• The sports turf seed market size is expected to see strong growth in the next few years. It will grow to $3.64 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%.
• Rising Demand For Sports Drives Growth In The Sports Turf Seed
• Innovative Seed Enhancement Solutions Revolutionizing The Sports Turf Market
• North America was the largest region in the sports turf seed market in 2023
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