Global Edible Flowers Market - 2021-2028

Global Edible Flowers Market - 2021-2028

Market Overview

The flowers that are certified suitable for human consumption are referred to as edible flowers. There is a broad range of forms, sizes, and colors of edible flowers. Several are cultivated as annual plants that carry out their lifespan in one producing season and they are comfortable to cultivate in raised beds, garden beds, and different containers. Edible flowers are also utilized to garnish foods and decorate various dishes. Flowers are part of many regional cuisines, including European, Asian and Middle Eastern cuisines. The global edible flowers market is valued at USD XX million in 2020 and is forecasted to reach USD XX million by 2028, growing at a CAGR of XX% during the forecast period (2021-2028)

Market Dynamics: Changing eating patterns of customers and the growing acceptance of international cuisines is expected to drive the market growth

The global edible flowers market is projected to register significant growth, due to changing eating patterns of customers and the growing acceptance of international cuisines. Furthermore, these flowers provide several health benefits, as they are a rich source of vitamin E, A, and C among others. Several edible flowers are high in antioxidants and iron, which help to inhibit cell damage and increase the digestion system. Edible flowers are utilized in many desserts, salads, and bakery products including cookies, and cakes, to add flavor to the product. The rising adoption of edible flowers to improve the flavor, and garnishing of food is projected to boost the growth of the global edible flower market. Such flowers are helpful to cure skin-related problems including pimples and improve the texture of the skin which is projected to fuel the demand of the global edible flowers market. Furthermore, inclination towards plant-based food and a healthy lifestyle is estimated to enlarge the growth of the market.

Market Segmentation: Hibiscus is the most widely utilized flower type, holding about XX% of the global market

By flower type, the hibiscus segment dominates the global edible flowers market owing to various applications of hibiscus such as jam, tea, salads, and relishes. Moreover, hibiscus is well recognized due to its medicinal and culinary applications. Several people drink hibiscus tea due to its medicinal benefits. Various studies reveal that hibiscus helps to decrease cholesterol levels and blood pressure, and much research is going on understanding benefits of hibiscus on heart health. Hibiscus is known to have a cooling effect, great for warm weather. Several hibiscus species survive, but the highly widespread edible variety is referred to as Hibiscus sabdariffa or roselle.

Geographical Penetration: Europe is the largest market for edible flowers with a share of nearly XX% in global sales value in 2020

By geography, Europe accounted for the largest share in 2020 and is anticipated to be the dominating regional market within the projected year. Significant rise in the consumption of edible flowers in the region due to its medical benefits is expected to drive the market growth. Additionally, the region has huge cultivation of the oldest types of plants including rose, and apple blossom which provides several manufacturers easy access to raw material. Asia Pacific market is projected to register significant growth, due to the rising adoption of edible flowers for decorating dishes and garnishing food in hotels and restaurants. The development of the restaurant industry in the Asia Pacific is anticipated to propel the growth of the market in the region. Furthermore, the rapid rise in the food and beverages industry is estimated to fuel the demands of the edible flower market.

Competitive Landscape:

The global edible flowers market is competitive with the presence of several local and global players present in the market. Some of the major players of the market include Nouvelle Fresh, Agriver Ltd, Sainsbury's, Herbs Unlimited, Cottage Botanicals, J&P Park Acquisitions Inc., Maddocks Farm Organics, Herbs Unlimited, Fresh Origins, Nurtured in Norfolk, Petite Ingredient, among others. They have increased the market through with their product offerings. Constant invention to launch innovative products, with innovative technology is the major competitive factor in the market. For instance, in June 2017, Sainsbury’s has launched a new array of edible flowers to mark British Flowers Week and respond to the growing demand for social-media-worthy recipes.

COVID-19 Impact: The market witnessed a negative impact

There was decrease in demand for edible flowers during the pandemic as edible flowers are widely utilized in the HoReCa sector. Various hotels and restaurants across the globe were closed due to implementation of lockdown. There was decreasing food business across the globe owing to the lockdown imposed in many countries. People chose to stay at home for a few months to control the further spread of corona and prefer to eat in-house food. Moreover, various stores were closed due to imposition of strict guideline across countries. However, people are becoming more aware of its health and food, most of them are choosing to eat fresh and homemade food to increase immunity and avoid further health problems.

Why Purchase the Report?
• Understand the current market scenario and viability of global edible flowers over the forecast period
• Visualize the composition of the global edible flowers market in terms of product type and application to identify major players, growth potential, and market strategies
• Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
• Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining to the market

What we offer?
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
• Excel data sheet with valuable data points of the global edible flowers market Regional and Country level segmentation
• Product mapping in excel for the key products of all major market players
• Market Share Analysis covering business revenues ($) and revenue share (%) of key market players

Target Audience:
• Edible Flowers Producers
• Farming Communities
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals