Impatiens
Seed Market: Introduction
Impatiens
is a genus which includes around 900 different species of flowering
plants and are also known as touch-me-not, snapweed, garden balsam
etc. They are one of the most popular annual bedding plants which are
widely distributed throughout the Northern Hemisphere and the
Tropics. Impatiens are commonly grown in home gardens and are ideal
for pots, hanging basket, and beds in partially shaded locations.
Impatiens flowers are 1-2 inch in diameter and can be of various
colors. Impatiens have glossy green leaves and plants grow up to the
height of 12 to 18 inches. The most popular species of impatiens
that are grown globally are Impatiens (Impatiens walleriana), rose
balsam (Impatiens balsamina) and New Guinea impatiens (Impatiens
hawker). Attributed to the increase in the trend of home gardening
globally, manufacturers of impatiens seeds are introducing various
types of GMO seeds which offer a wide range of flower color, higher
adaptability towards harsh environmental conditions and resistance
against various plant diseases and pests. These properties are
appealing home gardeners and landscape designers as impatiens are
becoming their preferred choice owing to the availability of a range
of color which makes the overall landscape more picturesque. In
addition impatiens are ideal for larger, mass plantings in the
landscape thus driving the growth of global impatiens market over the
forecast period.
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Impatiens
Seed Market: Segmentation
Global
impatiens seed market can be segmented on the basis type, nature,
distribution channel, and region. Based on the type, Impatiens seeds
segmented into Impatiens (Impatiens walleriana), rose balsam
(Impatiens balsamina) and New Guinea impatiens (Impatiens hawker). On
the basis of nature, impatiens seed market is segmented into GMO and
non-GMO. On the basis of the distribution channel, Impatiens seed
market is segmented into direct and indirect. Indirect segment can be
further sub-segmented into modern trade, specialty stores, and online
retail.
Impatiens
Seed Market: Dynamics
Increasing
trend of vertical gardening and terrace gardens in the high rise
building owing to rapid urbanization is anticipated to drive the
growth of global impatiens seed market as impatiens have versatility
and adaptability to grow in shady area and high rise building are
susceptible for receiving improper daylight. Moreover, impatiens
flower essence is well known as it relieves from stress and tension
thus fuelling the growth of the impatiens seed market. However,
impatiens plants are very susceptible to a deadly and fast-spreading
disease called downy mildew and other fungal diseases which is
expected to restraint the growth of impatiens seed market over the
forecast period.
Impatiens
Seed Market: Regional Outlook
On
the basis of the regional outlook, impatiens
seed market is segmented into five different regions: North
America, Latin America, Europe, Middle East and Africa and Asia
Pacific. On analyzing the impatiens seed market at the global level,
North America is expected to dominate the impatiens seed market
followed by Europe, owing to high penetration of gardening practices
among the consumers. While, Asia Pacific is anticipated to exhibit
higher growth rate owing to increasing trend of vertical and terrace
gardening over the forecast period. In APAC region China is
anticipated to dominate the market over the forecast period owing to
increasing life standards of middle class which is enabling consumes
to make their residential premises more picturesque by gardening.
Middle East and Africa are expected to have considerable growth in
the near future owing recent real estate boom especially in Middle
Eastern countries
Impatiens
Seed Market: Key Player:
Some
of the major players operating in impatiens seed market include Ball
Horticultural Company (PanAmerican Seed), Harris Seeds, Plant World
Devon Ltd, SeedArea, Vista Horticultural Services, LLC, Sedan
Floral, Inc, Stokes Seeds and other regional players.
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