Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 36.64 Billion | USD 59.22 Billion | 5.48% | 2023 |
The global turf, ornamentals, forage inputs market size was worth around USD 36.64 billion in 2023 and is predicted to grow to around USD 59.22 billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.48% between 2024 and 2032.
The turf, ornamentals, forage inputs industry deals with the use of several types of resources that are used for developing and maintaining turf, ornamental, and forage. These are three separate types of plant cultivation using specific development and management solutions. For instance, turfs are defined as grass and the Earth's surface layer that is held together with the help of its roots. They can be laid down for developing sports fields, landscaping, parks, or to form a lawn. Ornamentals are decorative plants. They are mainly used for display purposes and have limited functional roles. The use of ornamental plants is to improve the overall aesthetic appeal of the location. Forage crops, on the other hand, are specifically cultivated with the end goal of serving as animal feed.
Turf, ornamental, and forage inputs include products such as fertilizers, seeds & sods, watering infrastructure, pesticides or herbicides, maintenance devices, and soil amendments. The exact choice of materials used for developing and maintaining turf, forage, or ornamentals depends on other external considerations such as the overall cost efficiency of the inputs, environmental impact, and the regional guidelines. The demand for inputs specifically targeting optimal management of turf, ornamentals, and forage is expected to grow at a steady pace during the forecast period.
Growing construction of sports fields globally will drive the market demand rate
The global turf, ornamentals, forage inputs market is expected to grow due to the rising construction of sports fields across the globe. These facilities are used for athletic purposes and range in overall size and the type of games that can be played over the field. For instance, large venues for football, cricket, and baseball are some of the most common structures found across the globe. However, smaller facilities enable athletic adventures between non-professional players or smaller communities. The rise in the number of people undertaking professional and non-professional athletic adventures has led to more demand for playing fields that can facilitate such events.
In addition to this, the global sports industry that specifically deals with inter-country or inter-region competitions is also registering considerable growth with the addition of new playing teams and sponsors. For instance, the recent undertaking by the Saudi government in the sports sector with the final goal of diversifying the regional economy is a prime example of the steady rise in investments in the global sports sector. In May 2024, the City of Brussels, inaugurated a new sports ground at Porte d'Anderlecht as the demand for sports infrastructure surged in the region. In April 2024, the Sports Ministry of Saudi Arabia tendered a new contract for the expansion of Riyadh-situated Prince Faisal Bin Fahd Stadium. In January 2024, the country revealed a highly innovative and futuristic clifftop stadium structure for hosting the 2034 World Cup. Such events are likely to improve the demand for inputs required for developing playing turfs.
Strict laws governing the use of inputs may limit the market’s expansion rate
The global turf, ornamentals, forage inputs market is projected to be restricted due to the strict and dynamic laws that govern the use of the inputs. Since harsh chemicals in the form of pesticides may have a significant environmental impact, these products are widely regulated and governed by official bodies. In addition to this, limited awareness about the appropriate use of turf, ornamentals, and forage inputs may lead to a limited market growth rate. Resource optimization can only be achieved if the users are aware of the best practices to be followed for improved resource yield.
Increasing the use of technology in water systems for the development of turf, ornamentals, and forage may generate higher revenue
The global turf, ornamentals, forage inputs industry will encounter massive growth opportunities during the projection period. One of the key factors that could influence the overall revenue in the industry is the growing innovation in terms of water systems which are essential infrastructure solutions for developing and managing turfs, ornamentals, or forage. The use of higher advanced water-dispersing solutions equipped with automatic technologies and sensors can reshape the ways in which turf, forage, or ornamentals are cultivated and maintained. In March 2023, Irrigreen Inc., a leading developer of digital sprinkler systems, announced an investment of USD 15 million for the development of Power Robotic Sprinkler Systems especially targeting homeowners influenced by the growing concerns over water scarcity. In January 2023, Rachio and Moen, a leading producer of smart irrigation systems and plumbing products respectively announced the launch of new water solutions at the Consumer Electronics Show 2023. These systems are meant to reduce water wastage.
Increasing demand for organic animal feed could create novel expansion opportunities for the industry players
The developers and suppliers of forage inputs can register higher growth during the projection period due to the surge in demand for organic animal feed. They are free of harsh synthetic chemicals, fertilizers, and herbicides. Additionally, organic animal feed does not contain Genetically Modified Organisms (GMOs) in any form. Since they are 100% natural and untreated, organic feed is considered more healthy for animals since these products retain their natural nutrition. Studies indicate that chemical-free animal feed reduces the risk of animal diseases and promotes longevity. In 2023, the global animal feed market was valued at over USD 8 billion and is projected to show significant results during the projection period.
Rise in home gardening trends may generate demand for ornamental inputs
The increase in the development and acquisition of stand-alone residential dwellings worldwide has allowed people access to private lawns and gardens. The rising trend of home gardening is projected to fuel the demand for ornamental flowers. As per the National Institutes of Health (NIH), gardening has several positive health impacts. A recent Australian study indicated that gardening was more beneficial than education, walking, and alcohol-intake monitoring. These activities are known to reduce the risk of several diseases including diabetes and cancer. The positive health influence of home gardening is expected to generate growth opportunities for the global turf, ornamentals, forage inputs market.
Extreme competitiveness in the industry may challenge the market expansion rate
The global industry for turf, ornamentals, forage inputs is projected to be challenged by the presence of several players operating in the sector. The market is filled with local and international companies supplying a wide range of products with each solution offering specific advantages. Thus, the end-consumers must have optimal knowledge about the products, their ingredients, and their final effect to avoid selecting the wrong type of input. The extreme competitiveness also leads to price wars thus affecting the market growth rate.
The global turf, ornamentals, forage inputs market is segmented based on application, type, and region.
Based on the application, the global market segments are ornamental horticulture, turf management, and forage production. In 2023, the higher application was viewed in forage production due to the growing demand for nutritious animal feed worldwide. Forages are defined as plants or their specific parts that are consumed by animals, especially livestock such as horses, cows, goats, sheep, and llamas as well as wildlife. Each forage plant contains nutrients in different quantities including minerals, lignin, fiber, and protein. As per market research, on a dry matter basis, forage plants have around 5% to 30% crude protein.
Based on the type, the turf, ornamentals, forage inputs industry divisions are ornamental inputs, forage inputs, and turf inputs. In 2023, the highest growth was witnessed in the forage inputs segment due to greater application in forage production. The rising investments in animal husbandry to meet the surging food demand worldwide have resulted in higher demand for forage inputs. In 2023, the global animal husbandry market was valued at over USD 7 billion.
Report Attributes | Report Details |
---|---|
Report Name | Turf, Ornamentals, Forage Inputs Market |
Market Size in 2023 | USD 36.64 Billion |
Market Forecast in 2032 | USD 59.22 Billion |
Growth Rate | CAGR of 5.48% |
Number of Pages | 226 |
Key Companies Covered | UPL Limited, Nufarm Limited, Bayer AG, AMVAC Chemical Corporation, Lebanon Seaboard Corporation, FMC Corporation, Helena Agri-Enterprises LLC, BASF SE, SiteOne Landscape Supply Inc., Adama Agricultural Solutions Ltd., Corteva Agriscience, Syngenta AG, Turf Care Supply Corp., The Scotts Miracle-Gro Company, Andersons Inc., and others. |
Segments Covered | By Application, By Type, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America to generate massive return on investments during the forecast period
The global turf, ornamentals, forage inputs market is projected to register significant growth in North America during the projection period. The regional market revenue is highly influenced by existing demand for ornamental inputs led by rising investments in the development of public gardens or parks as well as home gardening. The US and Canada have a high number of standalone residential properties with attached private gardens. Recent studies indicate that more than 54% of US households have a garden. In addition to this, the rising awareness of the medical benefits of gardening has further promoted the adoption of ornamental inputs.
Europe is expected to witness significant growth in the turf, ornamentals, forage inputs industry over the projection period led by rising investments in the construction and development of large-scale and community sports fields including smaller turfs to promote athletics. In July 2023, Germany witnessed the inauguration of a new 34,000-seat Wildparkstadion while two additional stadiums in Spain were under redevelopment. The historic Camp Nou stadium is undergoing changes to seat over 105,000 spectators. The regional market is further influenced by the escalating investments in animal husbandry since the European food industry is constantly evolving.
The global turf, ornamentals, forage inputs market is led by players like:
By Application
By Type
FrequentlyAsked Questions
The industry deals with the use of several types of resources that are used for developing and maintaining turf, ornamental, and forage.
The global turf, ornamentals, forage inputs market is expected to grow due to the rising construction of sports fields across the globe.
According to study, the global turf, ornamentals, forage inputs market size was worth around USD 36.64 billion in 2023 and is predicted to grow to around USD 59.22 billion by 2032.
The CAGR value of turf, ornamentals, forage inputs market is expected to be around 5.48% during 2024-2032.
The global turf, ornamentals, forage inputs market is projected to register significant growth in North America during the projection period.
The global turf, ornamentals, forage inputs market is led by players like UPL Limited, Nufarm Limited, Bayer AG, AMVAC Chemical Corporation, Lebanon Seaboard Corporation, FMC Corporation, Helena Agri-Enterprises, LLC, BASF SE, SiteOne Landscape Supply, Inc., Adama Agricultural Solutions Ltd., Corteva Agriscience, Syngenta AG, Turf Care Supply Corp., The Scotts Miracle-Gro Company and Andersons, Inc.
The report explores crucial aspects of the turf, ornamentals, forage inputs market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed