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Plant & Flower Growing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Plant & Flower Growing Market Research Report | NAICS 11142 | May 2016

Late bloomer: Revenue will decline, hampered by import competition

IBISWorld’s Plant & Flower Growing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 11-16
-3.6%
Annual Growth 16-21
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Profit
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Employment
196,421
Businesses
45,815
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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Industry ProductsRelated ReportsTable of Contents

What is the Plant & Flower Growing Industry?

Establishments in this industry grow nursery plants, such as trees and shrubs; flowering plants, such as foliage plants, cut flowers, flower seeds and ornamentals; and short rotation woody trees, such as Christmas trees and cottonwoods. These plants can either be grown under cover or in an open field.

Industry Products
Nursery stock cropsAnnual bedding and garden plantsPotted flowering plantsFoliage plantsPotted herbaceous perennialsCut flowers and cut cultivated greensPropagative floriculture materials
 
Industry Activities
Floriculture productionNursery and tree production


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