Global Peony Market Research Report 2024

Peony is a flowering plant in the genus Paeonia, the only genus in the family Paeoniaceae. Peony varieties with huge, double flowers will be the focal point of the garden when they bloom in early summer. Single-flowered types are more subtle and combine well with other perennials. Flower colors include pink, red, white, and yellow, and the plants grow 18 inches to 3 feet tall, depending on the variety. Peonies make an attractive low hedge. However, they can take up to 3 years to mature, and don't perform well in hot summer climates.

The global Peony market was valued at US$ 508 million in 2023 and is anticipated to reach US$ 639.4 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.

Global Peony key players include Heze Peony Lotus Horticulture, Zi Peony, Shenzhou Peony, Arcieri's Peonies, Shaoyaomiao, etc.

Netherlands is the largest market, with a share over 15%, followed by US and China, both have a share over 25%.

In terms of product, Paeonia Lactiflora is the largest segment, with a share over 80%. And in terms of application, the largest application is Domestic, followed by Business, etc.

This report aims to provide a comprehensive presentation of the global market for Peony, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Peony.

Report Scope

The Peony market size, estimations, and forecasts are provided in terms of output/shipments (K Pcs) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Peony market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Peony manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


Arcieri's Peonies

Kennicott

Adelman Peony Gardens

Castle Hayne Farms

Alaska Perfect Peony

Third Branch Flower

Pivoines Capano

Warmerdam Paeonia

3 Glaciers Farm

Echo Lake Farm

Meadowburn Farm

Spring Hill Peony Farm

Joslyn Peonies

Maple Ridge Peony Farm

Chilly Root Peony Farm

Simmons Paeonies

English Peonies

Heze Peony Lotus Horticulture

Zi Peony

Shenzhou Peony

Shaoyaomiao

APEONY

GuoSeTianXiang

Yongming Flowers

Zhongchuan Peony


Segment by Type


Paeonia Suffruticosa

Paeonia Lactiflora


Segment by Application


Domestic

Business

Others


Production by Region



North America

Europe

China

Japan

Australia


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Peony manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Peony by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Peony in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

Frequently Asked Questions