Floriculture Market Growing At A CAGR Of 6.75% From 2023 To 2030

Floriculture Market size was valued at USD 46.33 Billion in 2021 and is projected to reach USD 77.86 Billion by 2030, growing at a CAGR of 6.75% from 2023 to 2030.

The rising demand for flowers as decorations for special events, aesthetically pleasing décor, and greeting card exchange are a few of the key reasons propelling the growth of the floriculture market. The rapid rise of digitization and e-commerce, which promote the selling of flowers through various IT systems, has had a significant impact on the expansion of floriculture. The market study for the global floriculture market provides a thorough evaluation of the sector. The research analyses the market's key segments, trends, drivers, restraints, competitive environment, and other elements in great detail.

Market Overview:

The use of modern farming methods has increased the profitability of floricultural farmers. The profit of floriculture products per unit area is higher than that of other agricultural goods. This is encouraging farmers to convert to floriculture. Additionally, the rising popularity of Ayurveda and other indigenous remedies is driving up demand for products related to floriculture. Rose, jasmine, and tuberose flowers are used to make essential oils and other Ayurvedic preparations.

High maintenance and investment expenses, however, are the main issues that will hinder market expansion. Some people's allergies to plants and flowers will also impede the market's growth rate. Additionally, floriculture requires effective time management, which will further slow the rate of industry expansion. This floriculture market report details recent developments, trade regulations, import/export analysis, production analysis, value chain optimization, market share, and the impact of domestic and localized market players. It also analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, and geographic market trends.

During the anticipated period, the market growth will also be influenced by the demand for cut flowers and the favorable government policies supporting the agriculture sector. Additionally, in the upcoming five years, it is anticipated that there will be various development prospects for market participants due to the increased popularity of yoga and other indigenous therapies as well as the usage of flowers in the creation of essential oils and other ayurvedic formulations.

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Global Floriculture Market: Segmentations

Global Floriculture Market: By Key Players
Dümmen Orange
Syngenta Flowers
Finlays
Beekenkamp
Karuturi
Oserian
Selecta One
Washington Bulb
Arcangeli Giovanni & Figlio
Carzan Flowers
Rosebud
Kariki
Multiflora
Karen Roses
Harvest Flower
Queens Group
Ball Horticultural
Afriflora
Benary
Danziger
Sakata

Global Floriculture Market: By Types
Cut Flowers
Bedding Plants
Potted Plants

Global Floriculture Market: By Applications
Personal Use
Gift
Conference & Activities

Global Floriculture Market: Regional Analysis
The countries covered in the regional analysis of the Global Floriculture market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, 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), and Argentina, Brazil, and Rest of South America as part of South America.

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Floriculture Market Report providing an overview of successful marketing strategies, market contributions, and recent developments of leading companies, the report also offers a dashboard overview of leading companies' past and present performance. Several methodologies and analyses are used in the research report to provide in-depth and accurate information about the Floriculture Market.

The country part of the floriculture market research additionally lists specific market affecting elements and domestic market regulation changes that have an impact on the market's present and future trends. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

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