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Seeds are embryonic plants enclosed in a protective outer shell. Seed formation is part of the reproductive process of seed plants, seed plants, including gymnosperms and angiosperms. Turf seeds are seeds planted on the turf.
During the past periods, the global Turf Seeds industry is experiencing a seismic shift. In terms of value, a recent report from Global Market Monitor forecasts the global Turf Seeds market is projected to grow from USD xxxx million in 2019 to USD xxxx million by 2026, registering a CAGR of xxxx% during this period.
Factors such as an increase in the preference for turf cultivation in residential surroundings, government supporting for the establishment of gardens and sports clubs, and rise in the number of playgrounds around the world are projected to accelerate the growth of the Turf Seeds market. However, the high cost of turf seeds and unfavorable environmental conditions are expected to obstruct the growth of the market.
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Points to Highlight: Key Trends of the Global Turf Seeds Market
North America - Promising Growth Avenue
North America is expected to witness high growth during the forecast period, owing to an increase in the number of sports clubs and an increase in the R&D for innovation of newer seeds. Europe is anticipated to have a lucrative growth rate in the following years, owing to the adoption of newer products, construction of gardens and grounds, and rapid urbanization in the region. The Asia-Pacific will witness significant growth in the coming years. The growth in this region can be attributed to rising in the number of sports clubs in China, Australia, New Zealand, and India, economic growth, and rise in demand for gardening and ornamentals due to urbanization.
Cool Season Grasses - The Fastest Growing Market Segment
On the basis of product, the Turf Seeds market is classified into Cool Season Grasses and Warm Season Grasses.
Playgrounds - Tremendous Opportunity for Market Growth
On the basis of Application, the Turf Seeds market is divided into Playgrounds, Gardening Lawns, and Gardens.
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Dragon Players for Driving Industry development
The global Turf Seeds market growth is also reliant on the development of active players in the industry, which are Takii Seed, Sakata Seed, Turf and Garden, Inc., Turf Solutions Ltd., Northstar Seed Ltd., Turf Products, LLC, La Crosse Seed Corporation, Ampac Seed Company, HG Turf Pty. Ltd., Seedquest, etc.
Key Stakeholders
• Turf Seeds manufacturers
• Raw material suppliers of Turf Seeds
• Downstream vendors and end-users
• Traders, distributors, and resellers of Turf Seeds
• Turf Seeds industry associations and
• Product managers, Turf Seeds industry administrator, C-level executives of the industries
• Market Research and consulting firms
• Government agencies and NGOs
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Years considered for the study
• Base Year: 2018
• Estimated Year: 2019
• Forecast Period: 2019 to 2026
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