Global Supply and Demand Changes Will Drive Cut Flower Industry Growth

Leading cut flower wholesalers, retailers and bouquet companies gathered in Miami, Florida last week to discuss the future of the cut flower industry. The private, 6-day event, hosted by Danziger focused on innovation and the end consumer. “The development of cut flowers consumption will be driven by global supply and demand changes,” says Gaby Danziger, Danziger CEO. “Companies along the value chain, from growers to wholesalers and retailers need to be open to the global mega-trends. The companies, who are agile to react and brave enough to try new crops and new varieties, will be the big winners of our industry over the next 10 years.”

 

The Innovation Session was led by the Danziger team, composed of sales and marketing professionals, from Israel, Colombia, and Ecuador. This team discussed the global perspective, insights and best practices currently taking place in the market. They also spurred discussion on future change.

“We see how the globalization of the industry pushes its development. The traditional link between “growing” markets and “consuming” markets is dissolving, and a new, complex matrix evolves,” says Gaby Danziger. “We understand that it’s our job as global breeders, to offer our customers and partners not only the best genetics and plant materials but also inspiration and tools, which will improve the quality of the value proposition throughout the chain.”

The presentation was a combination of mega-trends, best practices arising from developed markets such as the Netherlands and the United Kingdom, and an introduction of new tools and inspirations. The team also launched a new, first-of-its-kind Gyp catalog. The catalog is designed to fit the tastes and norms of the United States focusing on seasonal needs and price points the U.S. market is looking for.

“We spend a lot of time and effort to be in direct communication with the “consumption” markets, in order to be in a position to have the best understanding of the market needs, and to be able to predict the future trends – especially the ones we need to answer with our products,” says Liat Kaplan, Danziger Global Marketing Manager. “By taking many “shop-safaries”, interviewing, and conducting opportunities for feedback, like this Innovation Session in Miami, we are able to share information, inspire people’s imagination, and take an active part in the development of our global industry.”