Floriculture Manufacturers Suppliers Exporters | IMARC Group 2021-26
As per the analysis by IMARC Group, the top 5 floriculture companies in India are increasingly focusing on shifting toward virtualized trade networks to offer better logistics coordination with improved information availability in the floriculture supply chain. This allows all the participants involved in the supply chain to access real-time available information. The Indian Floriculture market is expected to reach a value of INR 661 Billion by 2026.
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Also known as flower farming, floriculture refers to the cultivation, processing, and marketing of ornamental plants, such as cacti and other succulents. It assists in generating employment opportunities aroundtheyear and earning foreign exchange. It also aids in combating pollutionand adding an aesthetic value, such as psychological, landscaping, indoor gardening, and flower arrangement.
There is presently a rise in the demand for quality flower seeds, especially annual ornamentals and ornamental planning materials, in India. This, in confluence with the changing lifestyles and increasing per capita income of individuals, represents one of the key factors bolstering the growth of the market. Apart from this, the rising trend of presenting flowers on different occasions, such as Valentine’s Day, birthdays, festivals, marriages, anniversaries, religious ceremonies, and farewell parties, is another factor contributing to market growth. Furthermore, the Government of India is providing subsidies for establishing pre-cooling units, cold storage, greenhouses, and refrigerated vans, which is creating a favorable market outlook. Besides this, the growing utilization of flowers as raw materials for the production of perfumes, essences, medicines, and confectioneries is driving the market.
- Karuturi Global Limited
- Syngenta Flowers
- Ferns and Petals Group
- Florance Flora
- Soex Flora
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