Flower Seed Market Outlook
According to the report by Expert Market Research (EMR), the Global Flower Seed Market Size is projected to grow at a CAGR of 7.10% between 2023 and 2028. Aided by the escalating demand for aesthetically pleasing landscapes and the rising applications of flower seeds in diverse industries, the market is expected to grow significantly by 2028.
Flower seeds are the fertilised and mature ovules of flowers, playing an integral part in the propagation of flowering plants. They are extensively used in residential and commercial landscaping, home gardens, and in the production of cut flowers, which are boosting the flower seed market growth. Apart from their beautification role, flower seeds also present essential ecological benefits like aiding in pollination and providing habitat and food for wildlife. Furthermore, flower seeds find significant usage in various industrial applications, including perfumery, pharmaceuticals, and the food and beverage industry.
The mounting consumer inclination towards aesthetically appealing environments is the primary driver for the flower seed demand. In response to the escalating awareness about the psychological and environmental benefits associated with green spaces and flowering plants, there has been a considerable shift towards landscaping and gardening activities, prompting an upsurge in flower seed market demand. Additionally, the blossoming trend of urban gardening and “plant parenting” has further elevated the popularity of flower seeds, as they are favoured by garden enthusiasts and environmentalists.
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The broadening applications of flower seeds in various sectors also significantly contribute to the flower seed market expansion. In the pharmaceutical industry, flower seeds are employed for their therapeutic properties, in the production of medicines and herbal treatments. The perfumery industry exploits flower seeds for their aromatic properties, which are fundamental in the formulation of various fragrances. Moreover, flower seeds’ culinary properties make them a valuable component in the production of certain foods and beverages.
Moreover, the escalating demand for organic and non-genetically modified (non-GMO) products in the agriculture industry has led to an enhanced focus on flower seeds as a viable option for sustainable agriculture. With the rise of organic farming and the increasing popularity of non-GMO crops, flower seeds have emerged as a pivotal element in the implementation of these practices, thereby catalysing the flower seed market growth.
Flower Seed Market Segmentation
The market can be divided based on type, trait, application, and region.
Market Breakup by Type
- Annual Seeds
- Perennial Seeds
- Biennial Seeds
Market Breakup by Trait
- Open-pollinated Varieties
- Hybrid
Market Breakup by Application
- Open-field
- Protected Cultivation
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global flower seed companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Syngenta Crop Protection AG
- Floret LLC
- Harris Seeds
- American Seed Co.
- West Coast Seeds
- Others
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