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Native Grass Seeds Market was valued at US$ 9,904.2 Mn in 2022

Native Grass Seeds Market was valued at US$ 9,904.2 Mn in 2022 - Coherent Market Insights

Publish In: Mar 31, 2023

Global Native Grass Seeds Market was valued at US$ 9,904.2 Million in 2022 and is projected to reach US$ 19,446.8 Million by 2030, exhibiting a CAGR of 8.80% during the forecast period (2023-2030). According to Global Native Grass Seeds Market Report, By Product Type (Warm Season, Cool Season, and Mixture), By Application (Land Conservation & Rehabilitation, Landscaping, Animal Grazing & Hay, Biofuel, and Fertilizers), By Distribution Channel (Offline Stores and Online Stores), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa).

Increasing demand for native grass seeds in the land conservation and rehabilitation, biofuel, and fertilizer industries is expected to boost growth of the global native grass seeds market over the forecast period. Native grass are not affected by pest’s attacks and diseases. Native grass seeds grows in any area with a limited supply of water. Native grass seeds adapts to the region’s soil, hydrology, and climate. Native grass provide habitat for beneficial insects such as parasitoids, praying mantis, lady beetle, and others. However, high prices of native grass seeds decreases profit margins for harvester. Planting native grass seeds is a time consuming process, and it has low demand. These factors are expected to hinder growth of the market over the forecast period. According Indian Brand Equity Foundation, in November 2022, India is one of the major players in the agriculture sector worldwide and it is the primary source of livelihood for about 58% of India’s population.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/native-grass-seeds-market-2630

Browse 32 market data tables* and 16 figures* on "Global Native Grass Seeds Market”- Global forecast to 2030.

Key Takeaways of the Market:

  • Based on product type, the global native grass seeds market is segregated into warm season, cool season, and mixture. Factors such as easy availability, quick seed germination, higher seedling mortality and thinning of established stands on dry sites, and cost effective nature  as compared to warm season grasses is expected to drive growth of cool season segment in the global native grass seeds market. Moreover, cool season grasses provide long term benefits in soil erosion control and sediment tapping. Cool season grasses provide better source of food in early spring and later in the fall.
  • In 2022, the land conservation & rehabilitation segment held the dominant position in the market, in terms of revenue. Native grass seed plays an important role against weathering and soil erosion. Soil erosion is a major global phenomenon with several adverse effects. According to the U.S. Department of Agriculture’s report on 2011-2021, agriculture, food, and related industries contributed roughly US$ 1.264 trillion to U.S. gross domestic product (GDP) in 2021, indicating 5.4%. The output of America’s farms contributed US$ 164.7 billion of this sum—about 0.7 percent of U.S. GDP. The overall contribution of agriculture to GDP is larger than 0.7 percent because sectors related to agriculture rely on agricultural inputs in order to contribute added value to the economy. Sectors related to agriculture include food & beverage manufacturing, food and beverage stores.
  • In 2022, North America accounted for the largest revenue share of 48.0% in the global native grass seeds market, owing to  increasing demand for fertilizers from the agriculture sector in countries such as the U.S., Mexico, and Canada.
  • Major players operating in the global native grass seeds market include Millborn Seeds Inc., Outsidepride.com, Inc., Star Seed Inc., Wildflower Farm, Prairie Seed Farms, Bamert Seed Company, Everwilde Farms, Inc., American Meadows, Missouri Seeds Southern, Hedgerow Farms, and Roundstone Native Seeds LLC.
  • Moreover, easy delivery,secured payment options, and promotional and marketing activities by e-commerce companiesis expected to drive growth of online stores segment.

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