Market Size of United States Floriculture Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 52.13 Billion |
| Market Size (2029) | USD 70.89 Billion |
| CAGR (2024 - 2029) | 6.34 % |
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US Floriculture Market Analysis
The United States Floriculture Market size is estimated at USD 52.13 billion in 2024, and is expected to reach USD 70.89 billion by 2029, growing at a CAGR of 6.34% during the forecast period (2024-2029).
- According to the United States Department of Agriculture statistics, in terms of value, the states with higher floriculture sales were Florida, California, Michigan, New Jersey, Ohio, Texas, North Carolina, Pennsylvania, New York, and Connecticut. Florida had the biggest sales of USD 1,115 million among the ten largest states in 2021, followed by California, which had sales of USD 962 million. These two states combined accounted for roughly one-third of all sales in the United States. Further, May is one of the most popular months for gifting and gardening with flowers, and Pennsylvania, California, Florida, New York, Michigan, Ohio, Wisconsin, Washington, New Jersey, and Oregon are the top ten states in the United States in terms of floriculture activity.
- Many regional companies, such as Costa Farms, the Sill, Zolfo Springs, and Bloomscape, are venturing into the cultivation of indoor plants, considering the competitive advantage of changing consumer preferences for houseplants. In addition, online auction of flowers has been gaining traction with the emerging online delivery retailers attracting a host of consumers with ease of accessibility, such as ProFlowers, The Bouqs Company, UrbanStems Inc., and 1-800-Flowers, among others which are driving the market.
US Floriculture Industry Segmentation
The scope of the report extends to cut flowers and plants prevalent in the floriculture market in the United States. Cut flowers are flowers or flower buds cut from plants for decorative purposes, while live plants, potted flowering plants, foliage plants for indoor or patio, and herbaceous perennials have been included under the scope of the report.
The market is segmented by cut flowers (tulips, gerbera, lilies, gladioli, snapdragons, roses, orchids, chrysanthemum, carnations, coreopsis, dianthus, scabiosa, and other cut flowers) by plants (cactus, crassula ovata, echeveria, and others).
The report offers market size and forecasts in terms of value(USD million) for all the above segments.
| Cut Flowers | |
| Tulips | |
| Gerbera | |
| Lilies | |
| Gladioli | |
| Snapdragons | |
| Roses | |
| Orchids | |
| Carnations | |
| Others |
| Plants | |
| Cactus | |
| Crassula Ovata | |
| Echeveria | |
| Others |
United States Floriculture Market Size Summary
The United States Floriculture Market has been experiencing substantial growth, with key sales occurring in states such as Florida, California, Michigan, New Jersey, Ohio, Texas, North Carolina, Pennsylvania, New York, and Connecticut. The market growth is driven by a variety of factors, including the popularity of gifting and gardening with flowers, particularly in the month of May. Additionally, the market is being propelled by regional companies like Costa Farms, the Sill, Zolfo Springs, and Bloomscape, which are tapping into the trend of indoor plant cultivation. The rise of online flower auctions and delivery retailers, such as ProFlowers, The Bouqs Company, UrbanStems Inc., and 1-800-Flowers, is also contributing to the market expansion. The US Floriculture Market is characterized by several key trends. There is a strong cultural preference for gifting flowers, with flowers being purchased for a variety of occasions and reasons, from expressions of love or sympathy to environmental and beautification goals. The market is also witnessing a surge in the demand for fresh-cut flowers, with lilies being a particularly popular choice. The demand for superior quality flowers at the distribution and consumer levels is high, leading to a rise in domestic production as well as imports. The market is further driven by the growing preference for flowers as a popular gifting choice and rapid innovation in terms of packaging and customization from florists to cater to consumer interests.
Explore MoreUnited States Floriculture Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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1.5 PESTLE Analysis
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2. MARKET SEGMENTATION
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2.1 Cut Flowers
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2.1.1 Tulips
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2.1.2 Gerbera
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2.1.3 Lilies
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2.1.4 Gladioli
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2.1.5 Snapdragons
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2.1.6 Roses
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2.1.7 Orchids
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2.1.8 Carnations
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2.1.9 Others
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2.2 Plants
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2.2.1 Cactus
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2.2.2 Crassula Ovata
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2.2.3 Echeveria
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2.2.4 Others
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United States Floriculture Market Size FAQs
How big is the United States Floriculture Market?
The United States Floriculture Market size is expected to reach USD 52.13 billion in 2024 and grow at a CAGR of 6.34% to reach USD 70.89 billion by 2029.
What is the current United States Floriculture Market size?
In 2024, the United States Floriculture Market size is expected to reach USD 52.13 billion.
