The global turf and ornamental grass protection market was expected to be valued at USD 4471.25 million in 2023 and is anticipated to reach USD 4721.49 million in 2024 from USD 7307.59 million by 2032, growing at a CAGR of 5.61% from 2024 to 2032.
Pesticides constitute the largest share of the turf and ornamental grass protection market, with Bio-pesticides accounting for a comparatively minute share. Despite the fact that bio-pesticides have a considerably lower market share, greater adoption of bio-pesticides for agricultural practices can potentially increase a company’s rate of utilization significantly
The market is mainly driven by the growth in global golf courses and an increase in awareness towards quality and safety. Globally increasing population is also supporting the growth of demand for Pesticides. Government regulations and consumer sentiments are playing a crucial role in driving the bio-pesticides market. Many countries have come up with stringent laws related to curbing pesticide use to alleviate environmental damage and increase consumer awareness about pesticide consumption, which is expected to be instrumental in slowing down the growth in demand for synthetic pesticides. R&D costs associated with new active ingredients for pesticides are also a major hurdle that is being faced
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2032 |
Base Year |
2023 |
Forecast Period |
2024 to 2032 |
CAGR |
5.61% |
Segments Covered |
By Type, Product and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Adama Agricultural Solutions LTD, American Vanguard Corporation, AMVAC Chemical Corporation, Arysta Lifescience, Bayer CropScience AG, Bio-works Inc, Cheminova A/S, Chemtura agro solutions, DuPont, FMC Corporation, Syngenta International AG, and Valent Biosciences Corp. |
North America and Europe dominate the global volume of pesticides used in maintaining turf & ornamental grasses, given the predominance of golf courses and gardens in these regions. However, selected areas in Asia-Pacific and Latin America have been promoting sports and tourism by planting wider areas of golf courses and gardens, thereby justifying a faster-growing consumption of pesticides in these regions.
The main companies that are prominent in the market for turf and ornamental grass protection market are Adama Agricultural Solutions LTD, American Vanguard Corporation, AMVAC Chemical Corporation, Arysta Lifescience, Bayer CropScience AG, Bio-works Inc, Cheminova A/S, Chemtura Agro Solutions, DuPont, FMC Corporation, Syngenta International AG, Valent Biosciences Corp.
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