What is the present valuation and projected CAGR of the nursery and floriculture production market?
The nursery and floriculture production market size has grown strongly in recent years. It will grow from $353.26 billion in 2024 to $387.01 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to growing demand for ornamental plants, landscaping in commercial spaces, seasonal celebrations, gifting culture, rising awareness of green spaces, economic growth.
The nursery and floriculture production market size is expected to see rapid growth in the next few years. It will grow to $569.46 billion in 2029 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to sustainable practices, e-commerce growth, customization in plant varieties, pharmaceutical and cosmetic uses, climate-resilient varieties, rise in urban agriculture. Major trends in the forecast period include online sales platforms, sustainable and eco-friendly practices, native and unique plant varieties, integration of technology in production, urban gardening and small-space landscaping, customized and specialty plant products.
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What key drivers have fueled the nursery and floriculture production market’s development over the years?
Surging commercial real estate construction is expected to propel the growth of the nursery and floriculture production market going forward. Commercial real estate (CRE) is a property that is used solely for business-related purposes or to offer a work area rather than a dwelling space, and it is leased to tenants to generate income. Decorative plants and flowers are utilized for landscaping and architectural applications in real estate construction to give a green and environment-friendly touch, which results in increased demand for nursery and floriculture production. For instance, in December 2022, according to the International Monetary Fund, a US-based international financial institution, commercial real estate prices increased by 4.84% in the first quarter of 2021, escalating to 13.99% in the first quarter of 2022. Therefore, the surge in real-estate construction will drive the nursery and floriculture production market.
What is the segmentation for the nursery and floriculture production market?
The nursery and floriculture production market covered in this report is segmented –
1) By Type: Trees, Shrubs, Flowers, Vegetable Seeds, Other Types
2) By Application: Household, Plant Garden, Plant Research Center, Commercial Greenery, Other Applications
3) By End User: Business-To-Business (B2B), Business-To-Consumer (B2C)
Subsegments:
1) By Trees: Deciduous Trees, Evergreen Trees, Fruit Trees
2) By Shrubs: Ornamental Shrubs, Flowering Shrubs, Evergreen Shrubs
3) By Flowers: Cut Flowers, Potted Flowers, Dried Flowers
4) By Vegetable Seeds: Hybrid Seeds, Open-Pollinated Seeds, Heirloom Seeds
5) By Other Types: Grasses, Ground Covers, Perennials
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Who are the most influential companies in the nursery and floriculture production market?
Major companies operating in the nursery and floriculture production market include Costa Farms LLC, Altman Specialty Plants Inc., Kurt Weiss Greenhouses Inc., Rocket Farms Inc., Bell Nursery Holdings LLC, Metrolina Greenhouses Inc., Bailey Nurseries Inc., Coletta and Tyson Ltd., Daleys Fruit Tree Nursery Pty Ltd., Double H Nurseries Ltd., Dutch Flower Group BV, Farplants Sales Ltd., H Andreas GmbH, Hofland Flowering Plants, Beekenkamp Verpakkingen B.V., Javado B.V., Kientzler Jungpflanzen GmbH & Co. KG, Klasmann-Deilmann GmbH, Kordes Rosen GmbH, Limgroup B.V., MNP flowers B.V., Morel Diffusion S.A.S., Ball Horticultural International Inc., Green Fuse Botanicals LLC, Syngenta Flower Seeds B.V., Terra Nova Nurseries Inc., Van Belle Nursery Inc., Suntory Global Flowers Inc., Color Spot Nurseries, Sun Valley Nurseries
How will evolving trends contribute to the growth of the nursery and floriculture production market?
Major companies operating in the nursery and floriculture production markets are increasing their focus on introducing innovative plant catalogs to gain a competitive edge in the market. Plant catalogs are publications or online resources that provide detailed information about various plant species. For instance, in August 2023, ThinkPlants, a US-based horticultural organization, launched more than 40 new varieties in their 2023–2024 New Catalog. The supplement to their 2022–2023 book features over 40 new plant varieties, including perennials, shrubs, and trees. Additionally, innovative growing systems and tools for gardeners are also included. These new varieties are designed to enhance the beauty of gardens and provide solutions for various landscaping needs. The 2023–2024 New Catalog is available for free and can be accessed online through their website.
How do regional factors impact the nursery and floriculture production market, and which region is the largest contributor?
Asia-Pacific was the largest region in the nursery and floriculture production market in 2024. The regions covered in the nursery and floriculture production market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Nursery And Floriculture Production Market Report 2025 Offer?
The nursery and floriculture production market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Nursery and floriculture productions are businesses that specialize in cultivating nursery plants, flowers, and crops in any type of undercover environment (greenhouses, cold frames, cloth houses, and lath houses).
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