Global Sports Turf Seed Market - Growth, Trends, and Forecast (2019 - 2024)
|出版商||Mordor Intelligence LLP||商品編碼||389106|
|出版日期||內容資訊||英文 181 Pages
|全球運動草皮種子市場:成長，趨勢，及預測(2019年∼2024年) Global Sports Turf Seed Market - Growth, Trends, and Forecast (2019 - 2024)|
|出版日期: 2019年05月01日||內容資訊: 英文 181 Pages||
The global Sports Turf Seed Market was valued at USD 1,119.7 billion in 2018 and is expected to register a CAGR of 10.2% during the forecast period (2019-2024). North America is the largest market for cereals and grains seeds and is expected to remain dominant during the forecast period.World trade of sports turf grass seeds revolves around five major players. The United States is by far the largest producer and exporter of sports grass seed in the world. The United States is followed by the EU15 (as a whole), followed by Canada and New Zealand. The other nations of significance are Argentina and the Czech Republic.
A seed is the ripened fertilized ovule of a flowering plant containing an embryo and capable normally of germination to produce a new plant. For the purpose of this report, seeds have been defined as the seeds for sowing to grow sports turf and does not include seeds for any other purpose. The report provides an in-depth analysis of various parameters of the sport turf seeds market.
Increase in the Number of Tournaments
There is increased demand for sports over the years which is leading to increased number of tournaments. It's estimated that at least 35 million kids between 5 and 18 currently play an organized sport each year in the U.S. Of that, 21 million are involved in non-school youth sports, which have been expanding. Youth soccer, for example, has risen from 2,388,000 players in 1995 to 3,020,000 in 2012 with a near even split between girls and boys. By the late 1930s there were 51 FIFA members; in 1950, after the interval caused by the Second World War, that number had reached 73. Over the next half-century, football's popularity continued to attract new devotees and at the end of the 2007 FIFA Congress, FIFA had 208 members in every part of the world.
North America - One of the Largest Markets
North America is the dominant region, due to the strong demand in the United States. The most important cold season turf grasses are Kentucky Bluegrass, Tall Fescue, and Ryegrass. Zoysia, Bermuda grass, and St. Augustine are the chief sub-types of the warm season turf grass. Kentucky Bluegrass is mainly cultivated in the United States and has the maximum demand. The demand for seed varieties is relatively high for Bermuda grass.
The Global Sports Turf Seed Market is fragmented, with various small and medium-sized companies and a few big players, resulting in stiff competition in the market. The development of regional markets and local players in different parts of the world is the major factor for the fragmented nature of the market. North America and Europe are the two regions showing maximum competitor activities.