Industry Analysis & Industry Trends
The Plant and Flower Growing industry has fared poorly in the five-year period. The influx of low-cost cut flower imports from Colombia and Ecuador has had a staggering negative effect on domestic farmers, decreasing industry revenue. In the coming years, industry revenue will decline, hampered by weak demand from florists and nurseries and by import competition. While the overall US economy is no longer in a recession, weak discretionary spending will continue to strain flower sales throughout the year... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry into the Plant and Flower Growing industry are moderate. Most inputs are readily available and there are often a number of greenhouse facilities and field-based farms available for sale. Nonetheless, one possible barrier prohibiting new entrants is the level of capital investment usually required. Investment is necessary in real estate, greenhouse construction, cooling rooms, and the wide range of equipment and machinery required for undercover plant and flower production. For enterprises already engaged in field production, these start-up costs are lower because some resources are transferable to undercover production. Greenhouse production also requires some specialized machinery, including irrigation systems.
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