Indian Floriculture Market Research Report 2019, Industry Trends, Share, Size, Demand and Scope

Indian Floriculture Market Report, Industry Trends, Growth, Share, Size and Forecast Till 2024

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Report Description and Highlights

Report Description

Indian Floriculture Market Report By Flower Type (Cut Flowers and Loose Flowers), Application (Aesthetic & Decorative Purposes, Flavours and Fragrances, Natural Colours, Medicines and Others), End Users, Distribution Channel The Indian floriculture market has witnessed robust growth over the past few years. The development of the industry can be accredited to the presence of skilled labor coupled with tax benefits offered by the Government of India.

Market Overview: According to the latest report by IMARC Group, titled “Indian Floriculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the Indian floriculture market reached a value of INR 157 Billion in 2018. India has around 249-thousand-hectare area under floriculture production as per the National Horticulture Database. Carnation, rose, tuberose, marigold and anthurium are some of the flowers grown in the country. These flowers are also used as raw materials in the production of essences, perfumes, medicines and confectioneries in addition to their decorative and aesthetic applications. Traditionally, most of the demand for flowers In India was witnessed during wedding seasons and religious festivities. However, with rising western influences and modernization, young consumers have begun to gift flowers on birthdays, anniversaries and occasions such as Friendship Day, Valentine Day and Mother’s Day.

Report Description and Highlights

Report Description Market Trends:

India has diverse agro-climatic conditions with suitable geographical locations to grow different types of flowers. These distinctive advantages, along with the presence of skilled labor, provide better opportunities for the development of the floriculture sector in India. Further, the Government of India is encouraging export-oriented businesses by offering income-tax holidays to new floriculture entrepreneurs. Additionally, the Agricultural and Processed Food Products Export Development Authority (APEDA) is granting subsidies for establishing cold storage, pre-cooling units, refrigerated vans and greenhouses. Looking forward, the market is projected to reach a value of nearly INR 472 Billion by 2024, expanding at a CAGR of 20% during 2019-2024.

Indian Floriculture Market Segmentation: Market Segmentation by Flower Type o Cut Flowers o Loose Flowers Request for a sample https://www.imarcgroup.com/flower-floriculture-industry-india/requestsample

report:

Market Forecast

Sample Figure: India: Floriculture Market Forecast: Production Volume (in Million Tons), 2019-2024

184.3

191.7

199.3

207.3

2019

2020

2021

2022

215.6

224.2

2023

2024

Market Segmentation

Report Description

Based on types, the market has been segmented into cut and loose flowers. Currently, cut flowers are the leading product type, holding the largest market share.

Market Segmentation by End Users • •

Retail Institutional

Based on end-users, the market has been segregated into retail and institutional users. Amongst these, retail users dominate the Indian floriculture market.

Market Segmentation by Distribution Channel • • • • •

Unorganised Retail Florists Supermarkets & Hypermarkets Online Others

For more information, click here: https://www.imarcgroup.com/flower-floriculture-industry-india

Market Segmentation

Report Description

The market has also been categorized on the basis of distribution channels into unorganized retail, supermarkets and hypermarkets, florists, online and others. Amongst these, unorganized retail accounts for the majority of the market share.

Market Segmentation by State The regional segmentation of the market has been provided in terms of both, production and consumption. Presently, Tamil Nadu represents the largest producer of flowers in India.

Market Segmentation by Application • • • • •

Aesthetic and Decorative Purposes Flavours and Fragrances Natural Colours Medicines Others

Competitive Landscape: The competitive landscape of the market has also been examined in the report and the profiles of key players have also been provided.

Market Segmentation

Report Description

In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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Report Description and Highlights

Report Description

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