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Description
Turf and Ornamental Inputs Market size was expected to grow at a CAGR of 4.7% during the forecast period 2022 to 2028. The global market provides a detailed overview of the global turf and ornamental inputs market, and that can be segmented by type of grass and by product type. By type of grass, the global turf and ornamental inputs market has been segmented into Turf Grass and Ornamental Grass. Turf grass is further sub-segmented into Rye Grass, Blue Kentucky Grass, Zoysia Grass, Tall Fescue, Bermuda Grass. Ornamental grass is further divided into Feather Reed Grass, Fountain Grass, Fibre Optic Grass, Ravenna Grass, Purple Millet. The interactive voice responses (IVR) turf and ornamental inputs segment are likely to be the largest and fastest-growing segment in terms of type. Turf grass segment is growing at a significant rate and is expected to maintain the growth in the forecasted years. Based on product type, the global turf and ornamental inputs market is segmented into Plant Growth Regulators, Pesticides, and Fertilizers. Among these, the fertilizer segment is expected to have the fastest-growing market during the forecast period 2022-2028 according to precision business insights. Turf and Ornamental inputs are substances which are used for proper maintenance of turf and ornamental crops such as grass, landscapes, horticulture plants, decorative plants, etc. These turf and ornamental inputs will ensure the health and growth of the turf and ornamental crops. Turf and ornamental inputs market is growing at faster rate due to increasing demand for turf and ornamental inputs especially in developing countries like North America, Europe. The global market players are focusing on collaborations, acquisitions, mergers, investments on R&D activities to gain the market traction.
Key Developments:
In Aug 2022, Koch Agronomic Services rebrands nutritional seed enhancer to provide early season nutrition needed to maximize emergence and resilience.
In April 2022, Central Turf & Irrigation Supply, a wholesale distributor of irrigation and landscape supplies, acquired Irrigation Supply Inc.
