The Global Floriculture Market is expected to grow at a CAGR of 8.60% in the forecast period of 2021 to 2028 and is likely to reach USD 7.062 billion by 2028. The growth and expansion of e-commerce industry especially in the developing economies will accelerate the market growth rate.
While, the high investments and maintenance costs will obstruct the growth of floriculture market in the above-mentioned forecast period.
According to Data Bridge Market Research, the market for floriculture is expected to gain growth due to rising inclination of population towards gardening and rising advancements in the biotechnology industry. Moreover, the growth and expansion of horticulture industry especially in the developing economies and surging globalization will provide the beneficial opportunities for the growth of the floriculture market.
Europe region is undergoing substantial gains and will project the highest CAGR for this period owing to the growing trend of horticulture.
Now the question is which are the other regions that floriculture market is targeting? Data Bridge Market Research has estimated Asia-Pacific is projected to observe significant amount of growth due to owing to the rising cultivation of flowers and plants especially in the developing economies like India and China.
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Floriculture market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel, Rest of Middle East and Africa.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of floriculture companies’ contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-floriculture-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Floriculture Market - Industry Trends and Forecast to 2028