Floriculture Market

Floriculture Market Size, Growth, Trends and Forecast(2022 - 2027):

The floriculture Market was worth USD xx billion in 2021 and is projected to grow at a CAGR of xx%, to reach USD xx billion by 2026.

The study of growing flower-bearing plants and foliage is called floriculture also known as flower farming. It also includes cultivation of ornamental plants and production of seeds, grafting, buddings, cuttings and other planting materials. It is the complete development of flowers and ornamentals from seeds to the point of sale.

The demand for flowers is very high in the past few years and is expected to sustain in the forecast period as well. Technological advances in biotechnology and genome sequencing in plants has resulted in the development of new hybrid varieties of flowering plants and also increased the yield. Floriculture is transforming into a lucrative business due to its high growth potential.

Floriculture Market Drivers:

Developments in horticulture practices and greenhouse technology, advances in biotechnology and its applications on plants and rapidly growing commercial flower trade in developing countries are driving the market growth. However, lack of better-transporting facilities in developing regions and increasing demand for artificial flowers are restraining the market growth to an extent

FLORICULTURE MARKET REPORT COVERAGE:

Floriculture Market is segmented and sub-segmented into the following categories:

Floriculture Market - By Product Type:

• Cut Flowers

• Foilage Plants
• Potted Plants
• Bedding Plants
• Others

Cut flowers hold the largest market share. It is because cut flowers are convenient to handle for export purposes on a commercial scale. Demand for bedding plants is increasing as they are being widely used for temporary seasonal displays around houses and other areas.

Floriculture Market - By Application:

• Personal Use

• Cosmetics
• Pharmaceuticals
• Others

Most of the flowers produced are used for personal use either for decorative purpose or gifting.

The Market is geographically divided into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Asia Pacific leads the floriculture market. It is due to the presence of the largest flower producing countries such as China and India. Also, Japan is one of the largest flower consumers in the world. Latin America is the fastest-growing market for floriculture due to the ever growing flower trade in countries such as Colombia and Equador.

Key Players:

• Syngenta Flowers
• Karuturi
• Rosebud
• Beekenkamp
• Queens Group
• Dutch Flower Group
• Washington Bulb
• Finlays
• Selecta One
• Dümmen Orange