Press release
Flowers and Ornamental Plants Market Is Anticipated to Grow at a CAGR of 6.50% during the forecast period of 2022-2029
The Global Flowers and Ornamental Plants Market report provides comprehensive insights on the global industry, presenting valuable facts and figures. This research study examines the intricate details of the global market, including industrial chain structure and raw material suppliers, while also examining key segments and market sizes. The report combines historical data with forecasts from 2023 to 2029, to provide a holistic view, enabling stakeholders to make informed decisions. Focusing on the digital health market, this intelligent research provides users with a deep understanding of the industry's past trends and future prospects. It serves as a useful resource for strategizing and navigating the evolving market environment.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.
Top Key Players:
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), among Other.
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Market Segmentation:
Type
• Potted Plants
• Cut Flowers
Application
• Commercial
• Home
Drivers
• Increasing popularity of flowers and ornamental plants as interior decoration
Flowers and ornamental plants come in a variety of colors, including white, pink, and purple, making them popular interior decorations for parties and ceremonies. Growing popularity of flowers and ornamental plants as decorative elements is expected to drive the 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 in many flower and plant production centres. The main goal of plant breeding is to create plants that surpass conventional plants in terms of economic value. Flowers can be created, enhanced, or improved with many beneficial constituents to consumers through a variety of research and floriculture breeding programs using traditional techniques. Finally, the ultimate goal of breeding research programs is to increase economic productivity yields. This increases the demand for flowers and ornamental plants, creating opportunities in the global flower and ornamental plants market.
Market Opportunities
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.
Flowers and Ornamental Plants Market Regional Insights:
Currently, the Asia Pacific region is expected to dominate and nurture the floriculture and ornamental plant market due to the growing emphasis on improving aesthetics and increasing wedding ceremonies in Asia Pacific where flowers are considered a symbol of good luck.
• North America (United States, Canada and Mexico)
• Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
• South America (Brazil, Argentina, Colombia, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Explore More About This Report:
https://www.databridgemarketresearch.com/reports/global-flowers-and-ornamental-plants-market
Table of Content:
• Flowers and Ornamental Plants Market Introduction
• Research Methodology
• Executive Summary
• Market Variables, Trends, and Scope
• Flowers and Ornamental Plants Market Overview
• Market Analysis Tools
• Flowers and Ornamental Plants Market Segmentation
• Flowers and Ornamental Plants Market Analysis and Forecast
• Company Profiles
• Impact of COVID-19
• Competitive Intelligence and Competitive
Matrix
• Major Deals and Strategic Alliances Analysis
• Relevant Case Studies and Latest News Updates
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
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