Quick Summary:
As the global Turf Protection market matures, it offers significant prospects for growth and expansion, projected to achieve a revised size of US$11.2 Billion by 2030 from an estimation of US$8.8 Billion in 2022. This surge validates the increasing emphasis on maintaining the quality and health of turf across diverse sectors such as sport, landscaping, and agriculture. Our market research report provides forward-thinking executives with invaluable insights needed to make strategic decisions, seize opportunities and manage risks in this evolving market.
In this report, the United States and China stand out as significant markets, both with promising growth forecasts for the upcoming years. The depth of findings in this report allows senior business leaders to navigate these key markets with confidence. To round out the competitive landscape, the report furnishes detailed profiles of 42 prominent competitors. What's more, cutting-edge features such as special coverage on key global issues, peer-to-peer collaborative bespoke updates, and a year's worth of complimentary updates boost the value of this indispensable resource.
Global Turf Protection Market to Reach $11.2 Billion by 2030
The global market for Turf Protection estimated at US$8.8 Billion in the year 2022, is projected to reach a revised size of US$11.2 Billion by 2030, growing at a CAGR of 3.1% over the analysis period 2022-2030. Pest Protection, one of the segments analyzed in the report, is projected to record 3.8% CAGR and reach US$5.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Stress Protection segment is readjusted to a revised 2.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 5.4% CAGR
The Turf Protection market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 5.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.7% and 2.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.Select Competitors (Total 42 Featured) -
- Backyard Organics LLC
- Corebiologic, LLC
- Corteva Agriscience
- Eco Sustainable Solutions Ltd.
- Epicore Bionetworks Inc.
- Evans Turf Supplies Ltd
- FMC Corporation
- Idemitsu Kosan Co., Ltd.
- Lallemand, Inc.
- Nuturf
- Pure Ag LLC.
- Soil Technologies Corporation
- Syngenta AG
- Teraganix, Inc.
- The Andersons, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Turf Protection?
What is the growth rate of the Global Market for Turf Protection?
What is the forecasted size of the Global Market for Turf Protection?
Who are the key companies in the Global Market for Turf Protection?
| Report Attribute | Details |
|---|---|
| No. of Pages | 173 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 8.8 Billion |
| Forecasted Market Value ( USD | $ 11.2 Billion |
| Compound Annual Growth Rate | 3.1% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Backyard Organics LLC
- Corebiologic, LLC
- Corteva Agriscience
- Eco Sustainable Solutions Ltd.
- Epicore Bionetworks Inc.
- Evans Turf Supplies Ltd
- FMC Corporation
- Idemitsu Kosan Co., Ltd.
- Lallemand, Inc.
- Nuturf
- Pure Ag LLC.
- Soil Technologies Corporation
- Syngenta AG
- Teraganix, Inc.
- The Andersons, Inc.
