Floriculture is the study of growing and marketing flowers and foliage plants which deals with cultivation of ornamental and flowering plants for nurseries, gardens, and greenhouses also used as raw materials in perfume and cosmetic industries. To improve buds and development of flowers is the primary function of Floriculture. Floriculture Market was valued at US$ 62.9 Billion in 2024 and is projected to grow at a CAGR of 7.30% to reach US$ 119.6 Billion by 2034.

Rising disposable income and growing demand for essential oil has become major contribution in target market growth. Further, expansion of e-commerce industries in developing countries, rising advancement in biotechnology industries and rising inclination of population towards gardening and flowering of plants is expected to fuel the demand for Floriculture market growth in coming years.

The report “Floriculture Market, By Product Type (Cut Flowers, Pot Plants, Cut Foliage, Bedding Plants, and Others), By Application (Gifts, Decoration, Cosmetics, Perfumes, and Pharmaceuticals), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

• In March 2021, (India) Union Health Minister launched Dr. Harsh Vardhan launched new “CSIR Floriculture Mission” to focus on seasonal/annual crops, commercial floral crops, cultivation of flower crops for honey bee rearing and wild ornaments. This mission is approved for implementation in 21 States and Union Territories of India to raise nurseries, floriculture farming, to employ large number of people, and to provide entrepreneurship development for value addition, nursery trade and export.
• In February 2022, Royal Van Zanten and The Queen’s Flowers (world leaders in floriculture) has joined forces to create brand new flower “Astranova”. Newly introduced “Astranova” is a flower with unique look, dark & bright color and has above average vase life.

Analyst View:

The key factor driving the growth of the Floriculture market is rising inclination towards flowering of plants. Rise in standard of living and modernization has given rise in use of flowers in decoration, cosmetics, perfumes and gifts has driven market growth. Further, rising demand for cut flowers, increasing awareness of high profits associated with cultivation of ornamental plants and growing expansion of horticulture industries is expected to fruitful demand for Floriculture market growth over the forecast period.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Floriculture Market, By Product Type (Cut Flowers, Pot Plants, Cut Foliage, Bedding Plants, and Others), By Application (Gifts, Decoration, Cosmetics, Perfumes, and Pharmaceuticals), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Floriculture Market accounted for US$ 62.9 Billion in 2024 and is estimated to be US$ 119.6 Billion by 2034 and is anticipated to register a CAGR of 7.30%. The Floriculture Market is segmented based on Product Type, Application, and Region.

• Based on Product Type, Floriculture Market is segmented into Cut Flowers, Pot Plants, Cut Foliage, Bedding Plants, and Others.
• Based on Application, Floriculture Market is segmented into Gifts, Decoration, Cosmetics, Perfumes, and Pharmaceuticals.
• By Region, the Floriculture Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Floriculture Market:

The prominent players operating in the Floriculture Market includes, Queens Group, Multiflora, Dümmen Orange, Karuturi Global Ltd., Syngenta Flowers. Inc., Selecta One, Oserian, Arcangeli Giovanni & Figlio, Kariki Group, Carzan Flowers Ltd., Rosebud, Washington Bulb Co., Inc., Ball Horticultural Company, Karen Roses, and Beekenkamp Plants BV., and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period

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