CAGR Of 5.0%: Floriculture Market about to hit CAGR of 5.0% from 2017 to 2026

The global floriculture market was valued at US$ 67.3 billion in 2017 and is expected to register a CAGR of 5.0%. The first five-year cumulative revenue (2017-2021) is projected to be US$ 370.4 Bn, which is expected to increase significantly over the latter part of the five-year forecast period.

Segmentation Snapshot:

By type: The cut flowers segment accounted for highest revenue share contribution as compared to other type segment, and is expected to register a CAGR of over 5.0% between 2017 and 2026, owing to its beauty and sweet fragrance.

By end use: The gift segment is projected to account for highest revenue share as compared to that of other end use segment, and register a CAGR of over 5.0% over the forecast period

By region: The market in Europe accounted for highest revenue share in the global floriculture market in 2016, and is expected to register a CAGR of over 5.0% between 2017 and 2026

Global Floriculture Market: Competitive Analysis

The research report on the global floriculture market includes profiles of some of major companies such as Dümmen Orange, Karuturi Global Limited, Carzan Flowers Kenya Ltd., Oserian, Karen Roses, Harvest Flowers Kenya, Beekenkamp Group, James Finlay Limited, Selecta Klemm GmbH & Co. KG, and Washington Bulb Company, Inc.

CAGR Of 5.0%: Floriculture Market about to hit CAGR of 5.0% from 2017 to 2026

Source of Infographics: Floriculture Market Infographics by MarketResearch

 

Jordan Hayes is research analyst and he is a professional technology and science editor with over six years of experience.

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