Market Highlights: The peony, also called paeony is a flowering plant in the genus Paeonia. They belong to Paeoniaceae family. They are native to Europe, Western North America, and Asia. They are most popular as a garden plant in temperate regions. Peony flower has numerous health benefits. The key health benefit is their ability to help heal inflammation. Moreover, increasing awareness about the health benefits of peony and rising applications in the pharmaceutical industry propelling market growth. The market study is being classified by Type (Paeonia Suffruticosa and Paeonia Lactiflora), by Application (Business Field and Domestic Field) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Peony are Arcieri's Peonies (United States), Kennicott (United States), Adelman Peony Gardens (United States), Castle Hayne Farms (United States), Alaska Perfect Peony (United States), Third Branch Flower (United States), Pivoines Capano (Canada) and Warmerdam Paeonia (Netherland).
Key Questions Answered in the Report What will the Peony Market size and the growth rate be in Future? What are the key factors driving the Peony Market? What are the key market trends and macro-economic impacting the growth of the Peony Market? What are the challenges to market growth? Who are the key vendors in the Peony Market? What are the market opportunities and threats faced by the vendors in the Peony Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Peony Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Peony market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Peony market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Peony Providers, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.