Flowers and ornamental plants are plants that is grow for their decorative and aesthetic value. Flowers are the reproductive structures of certain plants, and is often brightly color and fragrant, making them popular for use in decorative arrangements and landscaping. Ornamental plants, on the other hand, is plants that is value for their foliage, growth habit, or other ornamental features, such as their texture, color, or shape.
Both flowers and ornamental plants can be grown in gardens, parks, and other public spaces, as well as in pots and containers for indoor or outdoor display. They often use in landscaping to create attractive, visually pleasing environments, and are also commonly use in floral arrangements, as gifts, or for special occasions such as weddings and funerals.
Growth rate of flowers and ornamental plants market
- According to the analysis conducted by Data Bridge Market Research, the global 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, exhibiting a compound annual growth rate (CAGR) of 6.50% during the forecast period from 2022 to 2029. This growth can attribute to the increasing demand for flowers and ornamental plants in various industries such as horticulture, floriculture, and landscaping.
- The market report provides a comprehensive analysis of the global flowers and ornamental plants market, including market insights, growth rates, market segments, geographical coverage, market players, and market scenarios. Additionally, the report includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis, and consumer behavior.
- The report also reveals that there is a growing trend in the adoption of eco-friendly and sustainable cultivation practices, which has led to an increased demand for organic and locally sourced flowers and ornamental plants. Moreover, the rising consumer demand for premium and exotic flowers and plants, couple with advancements in breeding technologies and genetic engineering, is expect to further drive market growth in the coming years.
- Overall, the global flowers and ornamental plants market is a highly competitive landscape, with key players such as Dümmen Orange, Syngenta Flowers, Sakata Seed Corporation, and Ball Horticultural Company leading the market. The report also highlights the emerging trends and opportunities in the market, making it an essential resource for industry stakeholders, investors, and researchers.
Fundamentals of flowers and ornamental plants market
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Flowers and ornamental plants are becoming more and more popular as interior decor.
Because the flowers and ornamental plants is available in a variety of hues. Such as white, pink, and violet, they are frequently use as interior decorations for celebrations and formal occasions. Over the project period of 2022–2029. The market is anticipated to rise due to the rising popularity of flowers and ornamental plants as decorative elements.
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Increasing practise of plant breeding
Recent years have seen an increase in the use of plant breeding, including cross-breeding. And multi-breeding, by numerous flower and plant manufacturing facilities. The creation of plants that perform better than current ones in terms of economic value is the main objective of plant breeding. By flower breeding projects that use a variety of research and conventional approaches, flowers can be generate, enhance. Or modify in many ways that are advantageous to the consumer. Increased economic productivity yield is the ultimate goal of breeding research initiatives, to sum up. Due to the rise in demand, there are more chances in the market for flowers and decorative plants worldwide.
About Data Bridge Market Research
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