Indian Floriculture Market Trends, Segmentation, Demand by Region, Industry Analysis & Forecast To 2023
IMARC group has recently broadcasted a new study to its broad research portfolio, which is titled as “Indian Floriculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” provides an in-depth analysis of the keyword with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house). The research study examines the keyword on the basis of a number of criteria, such as the product type, application, and its geographical presence.
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The Indian Floriculture market was worth INR 130 Billion in 2017. The market is further projected to reach INR 394 Billion by 2023, at a CAGR of 20% during 2018-2023. 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.
Market Demand:
- Valentine’s Day
- Marriages
- Anniversaries
- Birthday
- Friendship Day
- Mother Day
- Father Day
- Farewell Party
- Religious Ceremonies
Product Distribution Channel:
- Supermarkets
- Hypermarkets
- Convenience Stores
- Online stores
Browse Full Report with TOC: https://www.imarcgroup.com/flower-floriculture-industry-india
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