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PLANT PRODUCTS
MARKET SIZE ESTIMATE
The World-wide market for Ornamental flowers is approximately $80 Billion or more. It has a number of adjacent consumable components so it is difficult to say for sure. But it is big and volatile.
It is fad driven, but availability and transportability is the major market driver.
Carnations used to be the most common (read cheap) flower.
It is now the orchid which is sold as a live potted flowering plant. Orchids have gone from rare and expensive to common and cheap. New propagation techniques have made it easy to produce flowering orchids.
Furthermore, the flower petals remain on the live plant a very long.
Everyone wins.
Transgenic plant Technology can provide some more interesting possibilities for useful plant products. |
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