Press release
Indian Floriculture Industry: Analysis, Size, Share, Demand and Opportunity 2023-2028
According to the latest report by IMARC Group, titled "Indian Floriculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028",The Indian floriculture market size reached INR 231.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 460.6 Billion by 2028, exhibiting a growth rate (CAGR) of 13.1% during 2023-2028.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.
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. Additionally, various industries utilize flowers for adding flavors, fragrances, and natural colors to their products, thereby further catalyzing the market for flowers. Apart from this, India has diverse agro-climatic conditions with suitable geographical locations to grow several types of flowers. 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.
Indian Floriculture Market 2023-2028 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
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
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.
Ask Analyst and Browse Full Report with TOC & List of Figure:https://www.imarcgroup.com/flower-floriculture-industry-india
Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
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 Reports:
Greenhouse Horticulture Market: https://www.imarcgroup.com/greenhouse-horticulture-market
Agricultural Films Market: https://www.imarcgroup.com/agricultural-films-market
Fertilizer Market: https://www.imarcgroup.com/fertilizer-market
United States Feed Additives Market: https://www.imarcgroup.com/united-states-feed-additives-market
Indian Bio Agriculture Market: https://www.imarcgroup.com/indian-bio-agriculture-industry
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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