Commercial Real Estate Construction Boom To Drive Nursery And Floriculture Production Growth Driving Market Acceleration in the Nursery And Floriculture Production Industry, 2025

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How Large Will the Nursery And Floriculture Production Market Size By 2025?
The market size for nursery and floriculture production has seen robust growth in its size in the past few years. It is projected to expand from $353.26 billion in 2024 to $387.01 billion in 2025, representing a compound annual growth rate (CAGR) of 9.6%. Factors such as an increased demand for decorative plants, commercial landscaping, seasonal festivities, gifting traditions, growing appreciation for green areas, and economic development have been key contributors to the growth during the historical period.

How Big Is the Nursery And Floriculture Production Market Size Expected to Grow by 2029?
Anticipated to experience fast growth in the forthcoming years, the nursery and floriculture production market is projected to expand to $569.46 billion by 2029, with a compound annual growth rate (CAGR) of 10.1%. The forecasted growth can be attributed to factors like sustainable procedures, the rise of e-commerce, customization in plant species, uses in pharmaceutical and cosmetic industries, resilience to climatic changes, and increasing urban agriculture. The forecasted period will be shaped by prevailing trends such as digital sales platforms, environmentally conscious practices, exclusive and native plant varieties, the use of technology in production, small-space urban landscaping, and specialized plant products.

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Which Key Market Drivers Powering Nursery And Floriculture Production Market Expansion and Growth?
The nursery and floriculture production market is anticipated to thrive in response to the booming commercial real estate construction. Commercial real estate (CRE), which is land utilized exclusively for business activities or as a workspace rather than a residential area, is rented out to tenants to earn revenue. The use of ornamental plants and flowers for architecture and landscaping in real estate construction adds a green, eco-friendly element, thereby boosting the need for nursery and floriculture production. As an illustration, the International Monetary Fund, a US-based global financial organization, reported in December 2022 that commercial real estate costs rose by 4.84% in the first quarter of 2021, reaching 13.99% in the initial quarter of 2022. As a result, the upsurge in real estate construction will spur growth in the nursery and floriculture production market.

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Which Fast-Growing Trends Are Poised to Disrupt the Nursery And Floriculture Production Market?
Prominent corporations in the nursery and floriculture production sector are escalating their efforts to introduce novel plant catalogs to acquire a leading position in the market. Plant catalogs, whether they are printed or found online, provide in-depth knowledge about multiple plant species. For instance, ThinkPlants, a horticultural institution based in the US, unveiled more than 40 fresh varieties in their New Catalog for 2023-2024 in August 2023. This addition to their 2022-2023 edition showcases over 40 new plant varieties, encompassing perennials, shrubs, and trees. Their catalog also presents innovative gardening systems and tools. These new varieties aim to amplify garden aesthetics and offer various landscaping solutions. The New Catalog for 2023-2024 is freely accessible online through their official website.

What Are the Emerging Segments in the Nursery And Floriculture Production Market?
The nursery and floriculture production market covered in this report is segmented -

1) By Type: Trees, Shrubs, Flowers, Vegetable Seeds, Other Types
2) By Application: Household, Plant Garden, Plant Research Center, Commercial Greenery, Other Applications
3) By End User: Business-To-Business (B2B), Business-To-Consumer (B2C)

Subsegments:
1) By Trees: Deciduous Trees, Evergreen Trees, Fruit Trees
2) By Shrubs: Ornamental Shrubs, Flowering Shrubs, Evergreen Shrubs
3) By Flowers: Cut Flowers, Potted Flowers, Dried Flowers
4) By Vegetable Seeds: Hybrid Seeds, Open-Pollinated Seeds, Heirloom Seeds
5) By Other Types: Grasses, Ground Covers, Perennials

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Who Are the Global Leaders in the Nursery And Floriculture Production Market?
Major companies operating in the nursery and floriculture production market include Costa Farms LLC, Altman Specialty Plants Inc., Kurt Weiss Greenhouses Inc., Rocket Farms Inc., Bell Nursery Holdings LLC, Metrolina Greenhouses Inc., Bailey Nurseries Inc., Coletta and Tyson Ltd., Daleys Fruit Tree Nursery Pty Ltd., Double H Nurseries Ltd., Dutch Flower Group BV, Farplants Sales Ltd., H Andreas GmbH, Hofland Flowering Plants, Beekenkamp Verpakkingen B.V., Javado B.V., Kientzler Jungpflanzen GmbH & Co. KG, Klasmann-Deilmann GmbH, Kordes Rosen GmbH, Limgroup B.V., MNP flowers B.V., Morel Diffusion S.A.S., Ball Horticultural International Inc., Green Fuse Botanicals LLC, Syngenta Flower Seeds B.V., Terra Nova Nurseries Inc., Van Belle Nursery Inc., Suntory Global Flowers Inc., Color Spot Nurseries, Sun Valley Nurseries

Which are the Top Profitable Regional Markets for the Nursery And Floriculture Production Industry?
The countries covered in the nursery and floriculture production market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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