Floriculture Market is expected to reach USD 101.79 Billion by 2030

(IT-NEWSWIRE.COM, September 07, 2024 ) The Floriculture Market size was valued at USD 59.01 Billion in 2023 and the total Floriculture revenue is expected to grow at a CAGR of 8.1% from 2024 to 2030, reaching nearly USD 101.79 Billion by 2030.

Floriculture is a discipline of horticulture dealing with the cultivation and marketing of flowers and ornamental plants. The floriculture industry consists of greenhouse and field production of floral and ornamental plants.

Asia Pacific held a market share of 35% in 2023. The rising use of flowers is expected to drive the market further, and will show a CAGR of 7.8% during the forecast period. North America will show a CAGR of 7.6% followed by Europe with CAGR of 8.3% as per Maximize Market Research analysis. The Dutch auctions, are one of the largest trading systems for flowers and plants. This auction along with others existing in Europe are expected to boost the Europe Floriculture Market growth in the global market.

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Floriculture Market Segmentation

BY Type

Cut Flowers

Bedding Plants

Potted Plants

Others

By application

Conference and activities

Personal Use

Gift

Others

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Floriculture Market Key Players:

Kariki

Multiflora

Karen Roses

Harvest Flower

Queens Group

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Floriculture Market is expected to reach USD 101.79 Billion by 2030