It might be a wise decision to start a flower farm or work in the cut flower industry since flower gardening may provide both financial success and a really nice THYME. But how much money do flower growers actually make?
The Average Profit of Flower Farmers
Farmers that specialize in growing flowers may expect to make between $25,000 and $30,000 per acre on average. The US Department of Agriculture’s report estimated that in 2021, the sales of all floriculture crops reached a total value of $6.43 billion. Moreover, the crop value grew by 6% in 2020 for the 17 states that participated in the USDA program.
Further to that, Data Bridge’s market research indicates that by 2028, the horticulture market might be worth up to $7.62 billion. Although this may seem like a slow market development rate, it can still be considered pretty decent market growth. This is encouraging for t business owners who want to launch a flower farming operation because it seems from this market forecast that doing so will be financially secure in the coming years.
All things considered, the profit range may vary for every floral farmer. For instance, a more seasoned or skilled floral farmer could earn more than a novice floral farmer. The labor cost, as well as the quality and quantity of the products, may also contribute to the final earnings of a flower farmer. Aside from these, there are still other factors that will heavily influence their profit.
Factors that Affect a Flower Farmer’s Profit
Aside from the farmer’s skills, labor cost, and supply expenditures, three more factors will significantly impact the overall profit of a flower farmer. They are as follows:
Location
The location or region of the floral farm also plays a vital role in the overall profit of a flower farmer for two reasons:
- Flower demand may vary by location
- The blooming cycle changes depending on the location
Basically, if you are located in or deliver flowers to nearby cities where many people clamor for flowers, such as New York or Miami, then you can definitely expect a better profit. Through the blooming cycle, the location has an impact on the profit as well. In essence, some locations are more suited for growing flowers. For instance, because of their ideal environment, Netherlands and Colombia produce not only the most flowers worldwide but also the most beautiful blossoms.
Flower Type
Another factor that greatly impacts the overall profit is the type of flower the farmer is growing. Some flowers sell better than others. For instance, you can expect much greater profit from growing and selling roses. Other popular flowers across the globe include lilies, orchids, tulips, and irises. So, if you want to have a better profit as a floral farmer, I highly suggest that you grow and sell the most in-demand flower types.
Time of the Year
Lastly, the season and the time of the year may also play a pivotal role when it comes to the final profit of a floral farmer. There are seasons and times of the year when flower farms typically experience a boost in flower sales. During the holidays, flowers become more in demand as they are ideal gift items, most especially on Valentine’s Day. Also, since spring is when most flowers are at their height of bloom, flowers are especially popular during this period. So, if you want to experience a boom in sales, make sure to make the most of the holidays and seasons.
Conclusion
To sum it all up, the flower farmers typically earn between $25,000 and $30,000 per acre. These amounts may vary greatly depending on factors such as the expertise of the farmer, labor costs, and the quality and quantity of the supplies. Aside from that, three factors greatly impact the profit of a flower farmer, which include: 1) the location or region of the flower farm; 2) the flower types the farmer grows; and 3) the seasons and times of the year. So, if you want to make more income as a flower farmer, make sure that you strategize your business based on these factors.
To learn more on how to start your own flower shop business check out my startup documents here.
Please note that the contents of this blog are for informational and entertainment purposes only and should not be construed as legal advice. Any action taken based on the information provided in this blog is solely at your own risk. Additionally, all images used in this blog are generated under the CC0 license of Creative Commons, which means they are free to use for any purpose without attribution.
Meet Shawn Chun: Entrepreneur and Flower Shop Business Fan.
I’m a happy individual who happens to be an entrepreneur. I have owned several types of businesses in my life from a coffee shop to an import and export business to an online review business plus a few more and now I create online floral business resources for those interested in starting new ventures. It’s demanding work but I love it. I do it for those passionate about their business and their goals. That’s why when I meet a floral business owner at a craft fair, farmers market, retail location, or anywhere else I see myself. I know how hard the struggle is to obtain and retain clients, and finding good employees all while trying to stay competitive. That’s why I created Flower Shop Business Boss: I want to help flower shop business owners like you build a thriving business that brings you endless joy and supports your ideal lifestyle.