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Indian Floriculture Market Driven by the Growing Consumption of Favorable Government Initiatives

11-18-2022 08:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Indian Floriculture Market Driven by the Growing Consumption

According to the latest report by IMARC Group, titled "Indian Floriculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The Indian floriculture market value reached a of INR 207 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 426 Billion by 2027, exhibiting a CAGR of 13.7% during 2022-2027

Indian Floriculture Industry Definition and Application:

Floriculture or flower farming refers to the cultivation of ornamental and flowering plants. It can be done in temperate climates in crop fields, outdoor nurseries, or greenhouses database. Some of the commonly grown flowers in the country include carnation, rose, tuberose, marigold and anthurium. Flowers have been an essential part of Indian society and are cultivated for various purposes, ranging from religious to social and aesthetic. They are also used as raw materials in the production of perfumers, essences, and medicines.

Request Free Sample Report: https://www.imarcgroup.com/flower-floriculture-industry-india/requestsample

Indian Floriculture Market Trends:

The growing influence of western culture and the rising rates of modernization have caused an increase in demand for flowers as they are bought for occasions such as weddings, Valentine's Day, birthdays, anniversaries, etc. Furthermore, flowers also find extensive applications during religious festivities and wedding season in the country. Furthermore, various industries use flowers to add flavors, fragrances, and natural colours to their products, further catalysing the flower market.This, along with the wide presence of skilled labor and implementation of favorable export policy by the Government of India, are expected to further propel the market for floriculture in the coming years. Apart from this, India has diverse agro-climatic conditions with suitable geographical locations to grow several types of flowers. 

Indian Floriculture Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

The report has segmented the market on the basis of flower type, retail Vs institutional, distribution channel and application.

Breakup by Flower Type:

Cut Flowers
Loose Flowers

Breakup by Retail Vs Institutional:

Retail
Institutional

Breakup by Distribution Channel:

Unorganised Retail
Florists
Supermarkets and Hypermarkets
Online
Others

Breakup by Application:

Aesthetic and Decorative Applications
Flavours and Fragrances
Natural Colours
Medicines
Others

Breakup by State:

Andhra Pradesh

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=311&flag=C

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Related Report BY IMARC Group

Greenhouse Horticulture Market Research Report 2022: https://www.imarcgroup.com/greenhouse-horticulture-market

Fertilizer Market Research Report 2022: https://www.imarcgroup.com/fertilizer-market

Indian Bio Agriculture Market Research Report 2022: https://www.imarcgroup.com/indian-bio-agriculture-industry

Indian Apiculture Market Research Report 2022: https://www.imarcgroup.com/india-honey-beekeeping-apiculture-market

Japan Biofertilizer Market Research Report 2022: https://www.imarcgroup.com/japan-biofertilizer-market

Europe Biofertilizer Market Research Report 2022: https://www.imarcgroup.com/europe-biofertilizer-market

Contact Us

IMARC Group
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Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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