Flowers and Ornamental Plants Market is to Grow at a CAGR of 6.50% During the Forecast by 2029

Flowers and ornamental plants can add value to a smaller or larger space. These flowers and ornamental plants add beauty and lift the décor a few notches. Flowers and ornamental plants come in a variety of sizes, shapes, and colours and can be easily adapted to a variety of climates, gardening needs, and landscapes.

Data Bridge Market Research analyses that flowers and ornamental plants market was valued at USD 27.23 billion in 2021 and is expected to reach the value of USD 45.07 billion by 2029, at a CAGR of 6.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

COVID-19 Impact Flowers and Ornamental Plants Market

COVID-19 had an impact on various manufacturing industries in the years 2020-2021, resulting in the closure of workplaces, disruption of supply chains, and transportation restrictions. Due to the lockdown, the flower and ornamental plants market has significantly impacted the import and export of flowers and ornamental plants products in recent years. The growing consumer interest in bringing aesthetics to their spaces will drive the global flowers and ornamental plants market growth.

Recent development

MARGINPAR BV introduced Clematis Amazing in March 2022, and Sydney is the series' successor. Clematis Amazing Sydney is grown on partner farms in Tanzania and is 70 cm long. This advancement will assist the company in broadening its product portfolio.
Selecta Klemm released the outstanding breeding success Pink Kisses and other stand-alone varieties such as Peach Party, Purple Wedding, Scully, and DiaDeur series in March 2022. This advancement will assist the company in expanding its product portfolio.

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Flowers and Ornamental Plants Market Regional Analysis/Insights

Flowers and ornamental plants market is analysed and market size insights and trends are provided by country, type and application as referenced above.

The countries covered in the flowers and ornamental plants market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific currently dominates and is expected to foster the flowers and ornamental plants market due to an increase in the emphasis on improving aesthetics and an increase in the number of weddings in this region, where flowers are considered a sign of good luck.

Some of the major players operating in the Flowers And Ornamental Plants market are:

DÜMMEN ORANGE (U.S)
Syngenta (Switzerland)
Beekenkamp Group (Netherlands)
Hofland flowering plants (Netherlands)
SAKATA (U.S)
DUTCH FLOWER GROUP (Netherlands)
MARGINPAR BV (Netherlands)
Walter Blom Plants BV (Netherlands)
Selecta Klemm (Germany)
Double H Nurseries Ltd, (UK)
ARCANGELI GIOVANNI (Italy)
KP Holland (Netherlands)
Ball Horticultural Company (U.S)

Important Facts about This Market Report:-

This research report reveals this business overview, product overview, market share, demand and supply ratio, supply chain analysis, and import/export details

The Industry report captivates different approaches and procedures endorsed by the market key players to make crucial business decisions

This research presents some parameters such as production value, marketing strategy analysis, Distributors/Traders and effect factors are also mentioned

The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed

The import and export details along with consumption value and production capability of every region is mentioned in the report

Porter's five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth

The report provides the clients with the facts and figures about the market on the basis of evaluation of the industry through primary and secondary research methodologies

Global Flowers And Ornamental Plants Market Scope

Flowers and ornamental plants market is segmented on the basis of type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

Potted Plants
Cut Flowers

Application

Commercial
Home

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Market Definition

Flowers and ornamental plants are frequently used as decorative elements in special occasions, social gatherings, and festivals. They are extremely important and contribute a substantial portion of the budget in wedding ceremonies, particularly in the Indian market. Flowers such as sweet peas, gardenias, stephanotis, buttercups, peonies, hydrangeas, lily, tulips, and roses are popular in western markets and used in various ceremonies.

Flowers and Ornamental Plants Market Dynamics
Drivers

Increasing popularity of flowers and ornamental plants as interior decoration

The flowers and ornamental plants come in various colors, including white, pink, and violet, making it popular for interior decoration in parties and ceremonies. The growing popularity of the flowers and ornamental plants plant as a decorative element is expected to drive market growth in the forecast period of 2022-2029.

Growing trend of plant breeding

Plant breeding, including cross breeding and multi-breeding, has recently been widely used by many flower and plant production centres. The primary goal of plant breeding is to create plants that outperform existing ones in terms of economic value. Flowers have many beneficial components for the consumer that can be created, enhanced, or improved through flower breeding programs that use various research and traditional techniques. Finally, the ultimate goal of breeding research programs is to increase economic productivity yield. This increases demand for flowers and ornamental plants, creating opportunities in the global flowers and ornamental plants market.

Opportunity

Indoor plants are thought to reduce stress and to be therapeutic. People suffering from mental illnesses are often advised to begin indoor gardening as horticultural therapy to improve feelings of well-being in people suffering from depression, anxiety, dementia, and other conditions. It aids in relaxation, concentration, and connecting with nature and one another. The global flowers and ornamental plants market is being driven by rising demand for indoor plants and flowers in the residential sector.

Restraints

However, the rise in the cost of research and development activities in the market is one of the major factors acting as a restraint, and will further challenge the growth of the flowers and ornamental plants market during the forecast period.

Strategic Points Covered in Global Flowers And Ornamental Plants Market Table of Content:

Chapter 1: Introduction, the basic information of the Global Flowers And Ornamental Plants Market & product overview

Chapter 2: Objective of Study and Research Scope of the Flowers And Ornamental Plants Market

Chapter 3: Flowers And Ornamental Plants Market Dynamics- driving growth factors, disruptive forces, Trends and Challenges & Opportunities

Chapter 4: Market Factor Analysis, Flowers And Ornamental Plants Market Value Chain, PESTEL & PORTER Model, Market Entropy, Patent/Trademark Analysis

Chapter 5: Player Analysis; Competitive Landscape, Peer Group Analysis of Flowers And Ornamental Plants Market, Strategic Group Analysis, Perpetual Mapping, BCG Matrix & Company Profiling

Chapter 6: Displaying Market Revenue Size by Type, application /vertical or end users, other Segments

Chapter 7: To evaluate the market by countries further broken down by countries

Chapter 8: Research Methodology

Chapter 9: Data Source

Explore Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-flowers-and-ornamental-plants-market

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