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(Construction.IndustryNews247.Com, October 17, 2019 ) Market Overview:
Floriculture is a type of horticulture practice, which focuses on the cultivation of flowering and ornamental plants for gardens, as well as for commercial use. At present, advancement in plant biotechnology, which includes genome sequencing is a key factor propelling the Floriculture Market.
Market Dynamics:
The Floriculture market growth is driven by Rapid growth in digitization and E-commerce. Flowers are typically used at opening ceremonies or big receptions in various parts of the words. The rising internet penetration is helping create awareness for floriculture products among consumers all around the world.
However, growing demand for artificial flower is expected to hamper the market growth over the forecast period.
Market Segmentation:
By Product Type, the Floriculture Market is segmented into Cut Flowers, Cut Foliage, Bedding Plants, Pod Plants, and Others. In 2018, Cut flowers and Bedding plants together held more than 60% of the market share.
By Application, the Floriculture Market is segmented into Perfume, Decorations, Pharmaceuticals, personal use, and others. In 2018, the decorations segment dominated the global market. As various products are widely used for gifting and decorations on special occasions such as wedding, anniversary, birthdays, festivals, and funerals. For instance, people celebrate Christmas with exchange of gift, specially flowers.
Geographical Analysis:
By geography, the Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
In 2018, Europe holds the largest market share in Floriculture Market. Some of the key leading countries in the region are Netherlands, Germany, Italy, France, and the UK. The Netherlands is known for cut flowers and potted plants, as well as bulbs, for annuals and perennials. Germany has a name in nursery stock and garden plants. In Italy lots of flowers and potted plants are produced. While Denmark is famous of their potted plants. France is a broad player when it comes to the different types of products.
Competitive Analysis:
Some major players in the market are Syngenta, Florance Flora, Dümmen Orange, Florensis Flower Seeds UK Ltd, and Danziger Group. Other key players in the market are Flamingo Horticulture Ltd, OSERIAN GROUP, Verbeek Export B.V., KARUTURI GLOBAL LIMITED, and Beekenkamp Group.
View full report: https://www.datamintelligence.com/research-report/floriculture-market
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DataM Intelligence
Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com
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