The growing interest in gardening and the adoption of quality living standards is expected to drive the demand for Kenya floriculture market in the forecast period. According to TechSci Research report, “Kenya Floriculture Market By Flower Type (Cut Flower, Loose Flower, Bedding & Garden Plants, Potted Flowering Plants, Foliage Plants), By Distribution Channel (Retail, Florists, Supermarkets/Hypermarkets, Online, Others), By Application (Aesthetic & Decorative Purposes, Flavours & Fragrances, Natural Colors, Medicines, Others), By End Use (Personal, Institutions/Events, Hotels, Restaurants & Spas, Industrial), By Region, Competition Forecast & Opportunities, 2026”, the Kenya floriculture market is expected to witness steady growth in the forecast period, 2022-2026.
The Important Factors of Kenya Floriculture Market
Floriculture is a part of horticulture practice and focuses mainly on the cultivation of flowers and ornamental plants for both personal and commercial use. The rise in the disposable income of consumers is increasing their expenditure capacity to buy flowers for different purposes. The growing demand for high-quality flowers across the globe and the adoption of advanced technologies for floriculture practices in Kenya is expected to surge the yield thereby accelerating the growth of the floriculture market. The adoption of online sales channels by the market players to increase the sales of the floriculture market is expected to pave the way for the floriculture market growth. Market players are providing the facility of quick home delivery along with offering lucrative discounts to attract more customers to purchase from their websites.
They are also creating a personalized experience by adding cards or different gift items along with flowers to celebrate different occasions like birthdays, anniversaries, and special days, among others. The growing awareness about the benefits of practicing yoga and the use of flowers for making ointments or essential oils is boosting the demand in the floriculture market. Flowers can be used as a raw material in the personal care & cosmetics market and also in the pharmaceutical industry thereby increasing the demand for flowers for different purposes. Various fresh flower scents are used for the treatment of disturbed sleep patterns, insomnia, and others as some flowers consist medicinal properties and are in high demand in different parts of the globe.
The outbreak of the COVID-19 pandemic affected the Kenya floriculture market adversely. The demand for flowers decreased dramatically owing to the cancellation of weddings and other social events to follow the COVID-19 protocols and follow social distancing. The disruption in the supply chain was observed which led to putting a negative impact on the floriculture market demand. Flights got canceled that resulting in low exports of flowers in other countries thereby leading to huge losses suffered by the farmers. The market is expected to pick up the pace after the relaxations are given by the leading authorities for import and export activities.
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Kenya floriculture market is segmented into flower type, distribution channel, application, end-user, regional distribution, and company. Based on the flower type, the market can be divided into cut flowers, loose flowers, bedding & garden plants, potted flowering plants, and foliage plants. The cut flower segment is dominating the market and is expected to maintain its dominance throughout the forecast period, 2022-2026. The main cut flowers in Kenya including roses, alstroemeria, hypericum, arabicum, carnations, and several summer flowers are in high demand in the region. Increasing demand for cut flowers for personal use and for gifting purposes on different occasions is driving the demand for the cut flower segment.
The Major competitors of the Kenya Floriculture Market
- Karen Roses Company
- The Kariki Group
- Karuturi Kenya Limited
- Oserian Development Company Limited
- Carzan Flowers Limited
- Beauty Line Ltd
- Sian Roses Group
- Batian Flowers Ltd.
- AAA Growers Limited
- Desire Flora (K) Ltd
- Africalla Kenya Limited
- Benev Flora Ltd., among others, is some of the leading players operating in the Kenya floriculture market. Floriculture farmers are increasingly focusing on research and development processes to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several floriculture providers are coming up with technologically advanced offerings.
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“High-end investments by the leading authorities to promote the floriculture farming practice and the launch of favorable policies to attract foreign investments are expected to create lucrative opportunities for the growth of the floriculture market in the predicted period. Market players are implementing advanced technologies to upgrade the existing infrastructure and invent high-quality seeds and fertilizers to fuel the floriculture market growth. Improving economic conditions in Kenya and the growing demand of the floriculture industry both for commercial and personal purposes is expected to propel the floriculture market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Kenya Floriculture Market By Flower Type (Cut Flower, Loose Flower, Bedding & Garden Plants, Potted Flowering Plants, Foliage Plants), By Distribution Channel (Retail, Florists, Supermarkets/Hypermarkets, Online, Others), By Application (Aesthetic & Decorative Purposes, Flavours & Fragrances, Natural Colors, Medicines, Others), By End Use (Personal, Institutions/Events, Hotels, Restaurants & Spas, Industrial), By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of Kenya floriculture market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Kenya floriculture market.
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Recent report Published by Research Nester “Global Floriculture Market: Global Demand Analysis & Opportunity Outlook 2027”delivers detailed overview of the global floriculture market in terms of market segmentation by product type, by end user, by sales channel, and by region.
Among these segments cut flower is predicted to have sustainable demand during the forecasted period.
Offline retailer’s distribution segment showed the positive growth in floriculture market in 2017.Request Sample To Learn More About This Report @ https://www.researchnester.com/sample-request-1083Cut flower market is booming across the globe because the market has shown the sustainable growth in different part of region till now and awareness of indoor use of floriculture market in urban areas showing great potential for future growth.Bright outlook of Floriculture MarketAccording to Research Nester, Global floriculture market is expected to flourish at a significant CAGR of 8.6% during the forecast period.
Moreover, the global floriculture market is expected to garner noteworthy revenue of USD 3.6 Billion by the end of 2027.Asia Pacific dominated the overall floriculture market and will continue its dominance over the forecast period due to rising population and awareness of the product.
Further, increasing environmental saving concerns among the people is expected to strengthen the growth of floriculture market.This report also provides the existing competitive scenario of some of the key players of the global floriculture market which includes company profiling.
The outlining enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.
