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Los Angeles, CA -- (SBWIRE) -- 12/03/2019 -- QY Research has released a new market research report on the global flower seeds market. Titled "Global Flower Seeds Market Report, History and Forecast 2014-2025," the report offers detailed and accurate analysis of the global flower seeds market. As per the report, the global flower seeds market is expected to rise at a robust CAGR of 7.05% during the forecast period 2019-2025. By the end of 2025, the global flower seeds market is anticipated to reach a value of more than US$1.4 Bn. In 2018, the global market value reached over US$0.8 Bn.
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Use of Flowers in Medicinal and Decorative Applications Likely to Improve Growth of Global Market
Different varieties of flowers are used for medicinal purposes such as aromatherapy, outdoor home decoration, companion planting, and in the manufacture of some pesticides, air purifiers, and dyes. Today, flowers are grown in residential as well as commercial spaces. Thus, with the increasing global demand for flowers, the requirement for flower seeds is expected to increase in the coming years. Some types of flower seeds such as morning glory flower seeds are used for scientific research purpose. This could be another factor promising growth to the global flower seeds market.
Increasing Growth of Floriculture Industry Anticipated to Augment Demand for Flower Seeds
The report provides in-depth research and analysis of key product type segments of the global flower seeds market, viz. perennial seeds, biennial seeds, and annual seeds. It also throws light on the market growth and other significant aspects of important application segments of the global flower seeds market such as indoor farms and floriculture and outdoor farms. Increasing growth of the multi-billion dollar, international floriculture industry is expected to continue to benefit the global flower seeds market in future. High popularity of indoor farming because of its advantages such as higher yield than conventional farming could also create opportunities in the global flower seeds market.
Development of Flower Gardens Predicted to Increase Market Growth in North America
North America and Asia Pacific could be among lucrative regional markets for flower seeds. Increasing interest in the development of flower gardens and the rising trend of kitchen gardening are expected to drive the growth of the North America flower seeds market. High number of indoor farms in Japan and China and strong participation in farming and floriculture businesses, especially by low-income households, are predicted to help boost the demand for flower seeds in Asia Pacific.
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Flower Seed Companies Expected to Focus on Research and Development to Improve Product Quality
The analysts authoring the report have profiled leading players of the global flower seeds market, including Syngenta, Sinoseed, Sakata, Changjing Seed, Takii Seed, Shanghai Seed Industry, Benary, Zhejiang Hongyue Seed, Hem Genetics, Starke Ayres, PanAmerican Seed, Torseed, FloraNova, Farao, PNOS, Vilmorin Garden, W. Legutko, and Burpee Seed and Plants. Players could invest in research and development activities to offer higher quality flower seeds to their customers.
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