Flowers and ornamental plants market Exhibit a Remarkable CAGR of 6.50% Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

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.

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.

Explore Further Details about This Research Flowers and Ornamental Plants Market Report
https://www.databridgemarketresearch.com/reports/global-flowers-and-ornamental-plants-market

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.

Some of the major players operating in 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)

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