Dublin, Feb. 21, 2019 (GLOBE NEWSWIRE) -- The "Indian Floriculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The Indian Floriculture market was worth INR 157 Billion in 2018. The market is further projected to reach INR 472 Billion by 2024, growing at a CAGR of 20.1% during 2019-2024.
Floriculture also known as flower farming refers to the cultivation of flowering and ornamental plants. Although flowers have been an integral part of the Indian society and were cultivated for various purposes ranging from aesthetic to social and religious purposes, the commercial floriculture industry has been of recent origin. A strong increase in the demand for cut and loose flowers has made floriculture as one of the important commercial trades in Indian agriculture.
While exports remain a key motivator for cultivators, the domestic demand for flowers is also increasing exponentially, especially in the metros and larger cities. Modernization and growing western cultural influences have driven consumers to buy flowers on a number of occasions like valentine's day, marriages, anniversaries, birthdays, friendship day, Mother's Day, Father's Day etc. Large scale consumption of flowers is also carried out throughout the country during religious festivals.
The metros and the larger Indian cities currently represent major consumers of flowers in the country. As a result of increasing urbanization and influence of western cultures, saying it with flowers is becoming quite popular on a number of occasions such as Valentine's Day, birthdays, festivals, anniversaries, marriages, farewell parties, religious ceremonies, etc. We expect the consumption of flowers to increase further as trends of urbanization and influence of western culture is expected to increase further in the coming years.
Apart from aesthetic and decorative purposes, a significant amount of flower consumption also takes place in industrial applications. This includes flavors, fragrances, natural color, medicines, etc. We expect the consumption of these products to increase continuously during the forecast period creating a positive impact on the floriculture industry.
Key Questions Answered in This Report:
- How has the Indian floriculture market performed so far and how will it perform in the coming years?
- What are the key flower types in the Indian floriculture market?
- What is the market breakup by retail and institutional sector in the Indian floriculture market?
- What are major distribution channels in the Indian floriculture market?
- What are the major application segments in the Indian floriculture industry?
- Which are the major states in the Indian floriculture industry?
- What is the share of various states in the Indian floriculture market?
- What are the various stages in the value chain of the Indian floriculture market?
- What are the key driving factors and challenges in the Indian floriculture market?
- What is the structure of the India floriculture market and who are the key players?
- What is the degree of competition in the Indian floriculture market?
Key Topics Covered:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 India Floriculture Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Flower Type
5.4 Market Breakup by Retail Vs Institutional
5.5 Market Breakup by Distribution Channel
5.6 Market Breakup by Application
5.7 Market Breakup by State
5.8 Market Forecast
5.9 SWOT Analysis
5.10 Value Chain Analysis
5.11 Porters Five Forces Analysis
5.12 Price Analysis
6 Market Breakup by Flower Type
6.1 Cut Flowers
6.2 Loose Flowers
7 Market Breakup by Retail Vs Institutional
7.1 Retail
7.2 Institutional
8 Market Breakup by Distribution Channel
8.1 Unorganised Retail
8.2 Florists
8.3 Supermarkets and Hypermarkets
8.4 Online
8.5 Others
9 Market Breakup by Application
9.1 Aesthetic and Decorative Purposes
9.2 Flavours and Fragrances
9.3 Natural Colours
9.4 Medicines
9.5 Others
10 Market Breakup by State
10.1 Production Breakup by State
10.2 Consumption Breakup by State
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/research/45p5t8/indian?w=12
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