The Floriculture Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Floriculture Market is estimated to be USD xx billion in 2017 and predicted to rise to USD xx billion by 2022 with a CAGR of xx%. The market is segmented by Product Type (Cut Flowers, Foilage Plants, Potted Plants, Bedding Plants and Others), by Application (Personal Use, Cosmetics, Pharmaceuticals and Others). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
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.
By Product Type, 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. By Application, Most of the flowers produced are used for personal use either for decorative purpose or gifting.
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.
Some of the major players in Floriculture market are Syngenta Flowers, Karuturi, Rosebud, Beekenkamp, Queens Group, Dutch Flower Group, Washington Bulb, Finlays, Selecta One, and Dümmen Orange.
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