Grass seeds are generally used for leisure, landscape and sports, however sports make up the bulk of all uses.. Such seeds are used in various sports, be it cricket, golf, soccer, baseball, etc. There are several types of seeds, each suitable for a different sport, for example the most preferred varieties for golf are Ryegrass, Creeping Bentgrass, Bermuda Grass, Zoysia Grass, etc. There are several types on the market, such as Creeping Bent Grass, Blue Kentucky Grass, Tall Fescue Grass, Rye Grass, Bermuda Grass, Zoysia Grass, Bahia Grass, and others.
Does this sports grass seed market offer any benefits?
The demand for them is a demand stemming from grass-based sports fields, and with the increasing number of tournaments, including the annual Indian Premier League (IPL), the demand has increased rapidly over the years. There are a number of factors that make a natural grass pitch superior to an artificial one, some of the factors are listed below:
• restoration and improvement of the soil
• noise attenuation and glare reduction
• heat dissipation and temperature moderation
• protection of surface waters
However, with the growing trend of synthetic fields around the world, the market growth has slowed down a bit.
What is the setting for such a specialized market?
A report from a market research firm estimates a CAGR of 10.2% for the global sports grass seed market, worth $ 836.7 million in 2015.
What we are seeing globally, in terms of sports grass seed, is that the global grass seed trade revolves around five major players. The United States is by far the largest producer and exporter of grass seed in the world. This is followed by the EU15 as a whole, then Canada and New Zealand. The other important nations in the market are Argentina and the Czech Republic.
The main obstacles to the global grass seed market are; decreased yield, rapid adoption of artificial grass and increased costs of growing grass seed.
However, with a growing number of ongoing research studies for the development of drought-tolerant lawns and other types of lawns around the world. For example, the Grass Traits and Varieties (GTV) program represents research on a wide range of target traits for grass cultivars in the UK; new and better varieties are expected to be developed in the future, which may further boost the market. increase.