Packaged Edible Flower Market Research Report: Trends, Cost Structure Analysis, Growth Opportunities and Forecast ...
Packaged Edible Flower Market - insightSLICE
The global packaged edible flower market value stood at US$265 million in 2018 and is anticipated to gain approximately US$504 million by 2030 growing at a CAGR of 5% during the forecast period. The global packaged edible flower market is witnessing an accelerated growth, on account of the rising awareness of health and flavour advantages presented by the edible flowers resulting in a spike in the usage of edible flowers as flavouring agents offering medicinal benefits.
The report covers key developments in the Packaged Edible Flower market based on organic and inorganic strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of prominent market players.
Some of the Top companies Influencing in this Market include: Betty Mackey, Fresh Origins, LLC, Petite Ingredient, FARM.ONE, little wild things farm, Scarborough Farms, Inc., THE SECRET GARDEN, Cherry Valley Organics, Pretty Produce among others.
COVID-19 Impact-
Pandemic Affected the Market Growth
The product demand has experienced a drastic impact due to the coronavirus pandemic. Strict curfews and lockdowns imposed to curb the virus spread have disrupted the supply chain. The disruptions in supply chain networks and difficulty in raw material procurements have in turn affected the market growth. Additionally, labor shortages and indefinite shutdowns of manufacturing plants have negatively impacted the market growth. However, the efficacious vaccination processes are helping the market to stabilize and grow.
Segmentation Overview:
By Flower Type
Edible HibiscusEdible DandelionEdible RoseOther Edible Flowers
By Production Type
ConventionalOrganicLiquid-liquid Type
Segmentation by Region with details about Country-specific developments
- North America (U.S., Canada, Mexico)
- Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
- Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
- South America (Brazil, Rest of South America)
- Middle East and Africa (UAE, Saudi Arabia, South Africa Rest of Middle East)
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Objectives of the Report:
• To profile leading players and estimate their market shares.
• The expected growth of the Packaged Edible Flower industry in % by the end of 2031 is given in the report.
• To elaborate the prevalent trends in the industry, future estimations and opportunities for growth in the industry.
• To study and analyzes relevant data which allows the market players to turn this valuable information into actionable business plan for future.
Key Questions Answered in the Report:
- Which products of the global Packaged Edible Flower market have seen increasing demand in recent years and are poised for potential market growth in the years ahead?
- What would be the global Packaged Edible Flower market value chain of the future be like?
- What are the quantitative and qualitative disclosures about the Packaged Edible Flower market risk?
- What are the key business segments, geographic areas, raw material scenario, competitive environment, and risk factors associated with the Industrial Packaged Edible Flower industry?
- What are the risks related to the Packaged Edible Flower market development and competition?
- What are the regulatory activities, strategic initiatives, market trends, economic conditions, financial state of the global Packaged Edible Flower market?
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This release was published on openPR.