Global Hydroponics Market Overview
Global Hydroponics Market Size Was Valued at USD 28.13 Billion In 2023 And Is Projected to Reach USD 45.32 Billion By 2032, Growing at A CAGR of 5.9% From 2023 To 2032.
Hydroponics is a technique of growing plants in a water-based and nutrient-rich solution. The plant root system is supported by using an inert medium such as rockwool, perlite, clay pellets, vermiculite or peat moss, rather than soil. Plant roots are directly in contact with the nutrient solution with access to oxygen which enhances proper growth of the plant. This method of growing plants is used widely by commercial growers as it is easy to set up, has a high return on investment and costs less than other techniques. Hydroponics recycles large amount of water with minimal wastage and thus makes it the most water-efficient farming method. Additionally, the hydroponically grown crops produce better quality crop and high yield than the crops grown in soil due to the proper control over essential nutrients. Hydroponics is looked upon as a substantial solution for the rising concern about food security and supplying nutritious and safe food over the projected period. The rising pressure on the agriculture sector to meet the growing human as well as animal population is the main factor expected to propel the development of the hydroponics market over the projected period.
Market Dynamics and Factors For Hydroponics Market
Drivers:
Greater Yield than the Conventional Agriculture Practices
Hydroponics is a modern method of crop cultivation without soil, where mineral solution is inserted near the plant roots and use of soil is eliminated. Hydroponics mechanism also terminates the risk of soil borne diseases, which are mostly observed in traditional or conventional method of farming. In addition to this, the plants that are cultivated hydroponically, supplies better quality and high yield and the plant is rich in all the essential nutrients. Also, with the help of several sensors, the plant is monitored and temperature is adjusted accordingly. All these significant properties of hydroponics farming lead to greater yield of plants than that from the conventional agricultural practices; thereby supporting the expansion of the hydroponics market.
Restraints:
High Initial Cost for Large Scale Farms
Comparing the investments required in the conventional farming or traditional farming methods on large scale farms, the hydroponics mechanism require high capital investment. Different System Type of equipment such as grow lights, irrigation systems, ventilators, HVAC systems, rails, fans, control systems and others are the basic and essential requirements for setting up a hydroponics unit. The tremendous high cost for installing all the equipment is estimated to hamper the market growth for large scale farms. Several farmers or growers are refraining themselves from installing such systems, which is further expected to a decline in growth of hydroponics market.
Opportunity:
Huge Demand for Exotic Vegetables and Salads
In recent years, demand for exotic vegetables and salads have been widely increasing owing to the change in eating habits, shifting preferences to healthy and nutritious foods and growing awareness regarding organic food. Also, with the rapid urbanization, the demand for hydroponically cultivated vegetables and fruits is increasing from the HoReCa segment, as well as the NGOs, fast food chains and railway catering. Additionally, the retail and food chains such as KFC & Burger king are looking forward to utilize exotic vegetables such as red lettuce, yellow and red capsicum and many more. Such a rise in demand from various food chains creates an immense opportunity for the hydroponics growers, and is expected to gain high revenue in the forthcoming years.
Segmentation Analysis of Hydroponics Market
By System Type, the aggregate system segment is forecasted to dominate the global hydroponics market in the forecast years. The huge growth of this segment is due to the extensive popularity among all the indoor hydroponic growers, owing to its low costs of installations and ease of setup. The primary technologies like ebb, drip, wick and flow systems being cheaper and easy, drive the market growth of aggregate systems segment.
By Crop Type, the fruits segment is estimated to grow at high rate and dominate the hydroponics market in upcoming years. Fruits cultivated through hydroponics are sustainable, and can be harvested throughout the year due to the interior conditions of the farming unit or greenhouse. Water adaptable fruits like tomatoes, watermelon is ideal choice of farmers as they can be cultivated easily using the hydroponics mechanism.
By Equipment, the HVAC [Heating, Ventilation & Air Conditioning] segment dominates the hydroponics market and is further projected to continue its significant dominance owing to the rapid development of indoor growers or farmers. The HVAC system is essential in dehumidification, cooling and monitoring required temperature in the unit. Also, the economic costs of HVAC systems are far better than other utilities and equipment, which is further expected to drive the growth.
Regional Analysis of Hydroponics Market
The Asia Pacific region dominates the hydroponics market and is expected to continue its dominance owing to significant adoption of the mechanism in various parts such as South Korea, Australia and China. The demand for fresh fruits and vegetables in the region is boosting the market demand for hydroponic mechanisms. The hydroponics farms present in this region are either small business operations or individuals and families that cover approx. one acre of land. The market in India and China is expected to rise substantially over the forecasted period due to the emerging urban hydroponic farms. The region also holds a high potential for growth owing to the rapid urbanization, changing eating habits and dietary plans and adoption of alternative farming techniques in various urban areas.
The North American region is anticipated to have the second highest share of the hydroponics market over the forecasted period. Rooftop hydroponic setups or gardens in urban areas like New York are boosting the market growth. Hydroponic farming being widely used in most part of the region, instead of the open-field agriculture, is most likely to drive the regional growth. The produce of hydroponic farming has gained popularity among commercial vegetable producers as it is a less labor-intensive and effective method to control inputs. The rapid rise in adoption of hydroponics as a regular cultivation method is further projected to drive market growth in North America.
Europe is expected to gain rapid growth over the projected period owing to the increasing adoption of hydroponics in the region. Europe being the home to many developed economies such as Greece, Germany, France, Italy, Netherlands and Spain, contributes in expansion of hydroponics technology among the commercial growers. Europe has been in the forefront of adopting advanced technologies like smart greenhouses, and is further expected to witness a huge growth in the hydroponics farming method over the projected period.
Covid 19 Impact Analysis on Hydroponics Market
Due to the sudden emergence of COVID-19, many individuals have formed a critical point of view regarding outdoor food. After the destructive outbreak of COVID-19 pandemic, there have been observed an immense rise in the adoption rate of urban farming or hydroponics mechanisms worldwide. The agriculture sector faced challenges during the initial stage of the spread of the pandemic. There was shortage of labour on the farms, some farmers missed their harvesting for seasonal crops, also, the falling prices of agricultural food and grains was observed and the supply chain and logistics was disrupted. Later, consumers shift towards indoor, healthy and nutritious food propelled the market growth of hydroponic farming as it is an easy method to control everything from seeds to stores. The market is now witnessing a rapid rate of growth and is expected to gain huge revenue in the coming years.
Top Key Players Covered in Hydroponics Market
- Aero Farm Systems (USA)
- Lettus Grow (United Kingdom)
- Hydrofarm(USA)
- CityCrop (Greece)
- Circulus Agtech (Canada)
- Rivasha Eco Design (India)
- Phytoponics (United Kingdom)
- Sky Greens (Singapore)
- Spread (Japan)
- Infarm (Berlin)
- AgriCool (France)
- Crop One (Dubai, UAE)
- Surna (Boulder, Colorado)
- Freight Farms (Boston)
- SweGreen (Sweden) and other major players.
Key Industry Development In The Hydroponics Market
In February, 2022, Silal, Abu Dhabi’s leading fresh produce and agri-tech company, and AeroFarms, a Certified B Corporation and leader in indoor vertical farming, have signed a memorandum of understanding (MoU) to forge a long-term research and development collaboration involving knowledge and technology transfer of advanced farming systems to local farmers. Under the MoU, both parties will assess opportunities to transfer technology and data analytics capabilities from high-tech farming systems to improve yield, reduce cost and waste, and enhance environmental sustainability practices in agriculture across the emirate of Abu Dhabi.
In April 2024, Vertefarm proudly announced the launch of its innovative hydroponic micro plant factory, seamlessly blending aesthetic appeal with smart practical functionality. Vertefarm utilizes cutting-edge vertical surface planting and root cyclic drip irrigation technologies to ensure healthy plant growth by providing ample contact with both water and air.
Global Hydroponics Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 28.13 Bn. |
Forecast Period 2023-30 CAGR: |
5.9% |
Market Size in 2032: |
USD 45.32 Bn. |
Segments Covered: |
By System Type |
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By Crop Type |
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By Equipment |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By System Type
3.2 By Crop Type
3.3 By Equipment
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Hydroponics Market by System Type
5.1 Hydroponics Market Overview Snapshot and Growth Engine
5.2 Hydroponics Market Overview
5.3 Liquid Systems
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Liquid Systems: Grographic Segmentation
5.4 Aggregate Systems
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Aggregate Systems: Grographic Segmentation
Chapter 6: Hydroponics Market by Crop Type
6.1 Hydroponics Market Overview Snapshot and Growth Engine
6.2 Hydroponics Market Overview
6.3 Flowers
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Flowers: Grographic Segmentation
6.4 Vegetables
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Vegetables: Grographic Segmentation
6.5 Fruits
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Fruits: Grographic Segmentation
Chapter 7: Hydroponics Market by Equipment
7.1 Hydroponics Market Overview Snapshot and Growth Engine
7.2 Hydroponics Market Overview
7.3 HVAC
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 HVAC: Grographic Segmentation
7.4 Irrigation Systems
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Irrigation Systems: Grographic Segmentation
7.5 Material Handling Equipment
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2016-2028F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Material Handling Equipment: Grographic Segmentation
7.6 LED Grow Lights
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size (2016-2028F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 LED Grow Lights: Grographic Segmentation
7.7 Control Systems
7.7.1 Introduction and Market Overview
7.7.2 Historic and Forecasted Market Size (2016-2028F)
7.7.3 Key Market Trends, Growth Factors and Opportunities
7.7.4 Control Systems: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Hydroponics Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Ansoff Matrix
8.1.5 Hydroponics Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Hydroponics Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 AERO FARM SYSTEMS (USA)
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 LETTUS GROW (UNITED KINGDOM)
8.4 HYDROFARM (USA)
8.5 CITYCROP (GREECE)
8.6 CIRCULUS AGTECH (CANADA)
8.7 RIVASHA ECO DESIGN (INDIA)
8.8 PHYTOPONICS (UNITED KINGDOM)
8.9 SKY GREENS (SINGAPORE)
8.10 SPREAD (JAPAN)
8.11 INFARM (BERLIN)
8.12 AGRICOOL (FRANCE)
8.13 CROP ONE (DUBAI
8.14 UAE)
8.15 SURNA (BOULDER
8.16 COLORADO)
8.17 FREIGHT FARMS (BOSTON)
8.18 SWEGREEN (SWEDEN)
8.19 OTHER MAJOR PLAYERS
Chapter 9: Global Hydroponics Market Analysis, Insights and Forecast, 2016-2028
9.1 Market Overview
9.2 Historic and Forecasted Market Size By System Type
9.2.1 Liquid Systems
9.2.2 Aggregate Systems
9.3 Historic and Forecasted Market Size By Crop Type
9.3.1 Flowers
9.3.2 Vegetables
9.3.3 Fruits
9.4 Historic and Forecasted Market Size By Equipment
9.4.1 HVAC
9.4.2 Irrigation Systems
9.4.3 Material Handling Equipment
9.4.4 LED Grow Lights
9.4.5 Control Systems
Chapter 10: North America Hydroponics Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By System Type
10.4.1 Liquid Systems
10.4.2 Aggregate Systems
10.5 Historic and Forecasted Market Size By Crop Type
10.5.1 Flowers
10.5.2 Vegetables
10.5.3 Fruits
10.6 Historic and Forecasted Market Size By Equipment
10.6.1 HVAC
10.6.2 Irrigation Systems
10.6.3 Material Handling Equipment
10.6.4 LED Grow Lights
10.6.5 Control Systems
10.7 Historic and Forecast Market Size by Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
Chapter 11: Europe Hydroponics Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By System Type
11.4.1 Liquid Systems
11.4.2 Aggregate Systems
11.5 Historic and Forecasted Market Size By Crop Type
11.5.1 Flowers
11.5.2 Vegetables
11.5.3 Fruits
11.6 Historic and Forecasted Market Size By Equipment
11.6.1 HVAC
11.6.2 Irrigation Systems
11.6.3 Material Handling Equipment
11.6.4 LED Grow Lights
11.6.5 Control Systems
11.7 Historic and Forecast Market Size by Country
11.7.1 Germany
11.7.2 U.K.
11.7.3 France
11.7.4 Italy
11.7.5 Russia
11.7.6 Spain
11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Hydroponics Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By System Type
12.4.1 Liquid Systems
12.4.2 Aggregate Systems
12.5 Historic and Forecasted Market Size By Crop Type
12.5.1 Flowers
12.5.2 Vegetables
12.5.3 Fruits
12.6 Historic and Forecasted Market Size By Equipment
12.6.1 HVAC
12.6.2 Irrigation Systems
12.6.3 Material Handling Equipment
12.6.4 LED Grow Lights
12.6.5 Control Systems
12.7 Historic and Forecast Market Size by Country
12.7.1 China
12.7.2 India
12.7.3 Japan
12.7.4 Singapore
12.7.5 Australia
12.7.6 New Zealand
12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Hydroponics Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By System Type
13.4.1 Liquid Systems
13.4.2 Aggregate Systems
13.5 Historic and Forecasted Market Size By Crop Type
13.5.1 Flowers
13.5.2 Vegetables
13.5.3 Fruits
13.6 Historic and Forecasted Market Size By Equipment
13.6.1 HVAC
13.6.2 Irrigation Systems
13.6.3 Material Handling Equipment
13.6.4 LED Grow Lights
13.6.5 Control Systems
13.7 Historic and Forecast Market Size by Country
13.7.1 Turkey
13.7.2 Saudi Arabia
13.7.3 Iran
13.7.4 UAE
13.7.5 Africa
13.7.6 Rest of MEA
Chapter 14: South America Hydroponics Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By System Type
14.4.1 Liquid Systems
14.4.2 Aggregate Systems
14.5 Historic and Forecasted Market Size By Crop Type
14.5.1 Flowers
14.5.2 Vegetables
14.5.3 Fruits
14.6 Historic and Forecasted Market Size By Equipment
14.6.1 HVAC
14.6.2 Irrigation Systems
14.6.3 Material Handling Equipment
14.6.4 LED Grow Lights
14.6.5 Control Systems
14.7 Historic and Forecast Market Size by Country
14.7.1 Brazil
14.7.2 Argentina
14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Hydroponics Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 28.13 Bn. |
Forecast Period 2023-30 CAGR: |
5.9% |
Market Size in 2032: |
USD 45.32 Bn. |
Segments Covered: |
By System Type |
|
|
By Crop Type |
|
||
By Equipment |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. HYDROPONICS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. HYDROPONICS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. HYDROPONICS MARKET COMPETITIVE RIVALRY
TABLE 005. HYDROPONICS MARKET THREAT OF NEW ENTRANTS
TABLE 006. HYDROPONICS MARKET THREAT OF SUBSTITUTES
TABLE 007. HYDROPONICS MARKET BY SYSTEM TYPE
TABLE 008. LIQUID SYSTEMS MARKET OVERVIEW (2016-2028)
TABLE 009. AGGREGATE SYSTEMS MARKET OVERVIEW (2016-2028)
TABLE 010. HYDROPONICS MARKET BY CROP TYPE
TABLE 011. FLOWERS MARKET OVERVIEW (2016-2028)
TABLE 012. VEGETABLES MARKET OVERVIEW (2016-2028)
TABLE 013. FRUITS MARKET OVERVIEW (2016-2028)
TABLE 014. HYDROPONICS MARKET BY EQUIPMENT
TABLE 015. HVAC MARKET OVERVIEW (2016-2028)
TABLE 016. IRRIGATION SYSTEMS MARKET OVERVIEW (2016-2028)
TABLE 017. MATERIAL HANDLING EQUIPMENT MARKET OVERVIEW (2016-2028)
TABLE 018. LED GROW LIGHTS MARKET OVERVIEW (2016-2028)
TABLE 019. CONTROL SYSTEMS MARKET OVERVIEW (2016-2028)
TABLE 020. NORTH AMERICA HYDROPONICS MARKET, BY SYSTEM TYPE (2016-2028)
TABLE 021. NORTH AMERICA HYDROPONICS MARKET, BY CROP TYPE (2016-2028)
TABLE 022. NORTH AMERICA HYDROPONICS MARKET, BY EQUIPMENT (2016-2028)
TABLE 023. N HYDROPONICS MARKET, BY COUNTRY (2016-2028)
TABLE 024. EUROPE HYDROPONICS MARKET, BY SYSTEM TYPE (2016-2028)
TABLE 025. EUROPE HYDROPONICS MARKET, BY CROP TYPE (2016-2028)
TABLE 026. EUROPE HYDROPONICS MARKET, BY EQUIPMENT (2016-2028)
TABLE 027. HYDROPONICS MARKET, BY COUNTRY (2016-2028)
TABLE 028. ASIA PACIFIC HYDROPONICS MARKET, BY SYSTEM TYPE (2016-2028)
TABLE 029. ASIA PACIFIC HYDROPONICS MARKET, BY CROP TYPE (2016-2028)
TABLE 030. ASIA PACIFIC HYDROPONICS MARKET, BY EQUIPMENT (2016-2028)
TABLE 031. HYDROPONICS MARKET, BY COUNTRY (2016-2028)
TABLE 032. MIDDLE EAST & AFRICA HYDROPONICS MARKET, BY SYSTEM TYPE (2016-2028)
TABLE 033. MIDDLE EAST & AFRICA HYDROPONICS MARKET, BY CROP TYPE (2016-2028)
TABLE 034. MIDDLE EAST & AFRICA HYDROPONICS MARKET, BY EQUIPMENT (2016-2028)
TABLE 035. HYDROPONICS MARKET, BY COUNTRY (2016-2028)
TABLE 036. SOUTH AMERICA HYDROPONICS MARKET, BY SYSTEM TYPE (2016-2028)
TABLE 037. SOUTH AMERICA HYDROPONICS MARKET, BY CROP TYPE (2016-2028)
TABLE 038. SOUTH AMERICA HYDROPONICS MARKET, BY EQUIPMENT (2016-2028)
TABLE 039. HYDROPONICS MARKET, BY COUNTRY (2016-2028)
TABLE 040. AERO FARM SYSTEMS (USA): SNAPSHOT
TABLE 041. AERO FARM SYSTEMS (USA): BUSINESS PERFORMANCE
TABLE 042. AERO FARM SYSTEMS (USA): PRODUCT PORTFOLIO
TABLE 043. AERO FARM SYSTEMS (USA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. LETTUS GROW (UNITED KINGDOM): SNAPSHOT
TABLE 044. LETTUS GROW (UNITED KINGDOM): BUSINESS PERFORMANCE
TABLE 045. LETTUS GROW (UNITED KINGDOM): PRODUCT PORTFOLIO
TABLE 046. LETTUS GROW (UNITED KINGDOM): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. HYDROFARM (USA): SNAPSHOT
TABLE 047. HYDROFARM (USA): BUSINESS PERFORMANCE
TABLE 048. HYDROFARM (USA): PRODUCT PORTFOLIO
TABLE 049. HYDROFARM (USA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. CITYCROP (GREECE): SNAPSHOT
TABLE 050. CITYCROP (GREECE): BUSINESS PERFORMANCE
TABLE 051. CITYCROP (GREECE): PRODUCT PORTFOLIO
TABLE 052. CITYCROP (GREECE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. CIRCULUS AGTECH (CANADA): SNAPSHOT
TABLE 053. CIRCULUS AGTECH (CANADA): BUSINESS PERFORMANCE
TABLE 054. CIRCULUS AGTECH (CANADA): PRODUCT PORTFOLIO
TABLE 055. CIRCULUS AGTECH (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. RIVASHA ECO DESIGN (INDIA): SNAPSHOT
TABLE 056. RIVASHA ECO DESIGN (INDIA): BUSINESS PERFORMANCE
TABLE 057. RIVASHA ECO DESIGN (INDIA): PRODUCT PORTFOLIO
TABLE 058. RIVASHA ECO DESIGN (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. PHYTOPONICS (UNITED KINGDOM): SNAPSHOT
TABLE 059. PHYTOPONICS (UNITED KINGDOM): BUSINESS PERFORMANCE
TABLE 060. PHYTOPONICS (UNITED KINGDOM): PRODUCT PORTFOLIO
TABLE 061. PHYTOPONICS (UNITED KINGDOM): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. SKY GREENS (SINGAPORE): SNAPSHOT
TABLE 062. SKY GREENS (SINGAPORE): BUSINESS PERFORMANCE
TABLE 063. SKY GREENS (SINGAPORE): PRODUCT PORTFOLIO
TABLE 064. SKY GREENS (SINGAPORE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. SPREAD (JAPAN): SNAPSHOT
TABLE 065. SPREAD (JAPAN): BUSINESS PERFORMANCE
TABLE 066. SPREAD (JAPAN): PRODUCT PORTFOLIO
TABLE 067. SPREAD (JAPAN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. INFARM (BERLIN): SNAPSHOT
TABLE 068. INFARM (BERLIN): BUSINESS PERFORMANCE
TABLE 069. INFARM (BERLIN): PRODUCT PORTFOLIO
TABLE 070. INFARM (BERLIN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. AGRICOOL (FRANCE): SNAPSHOT
TABLE 071. AGRICOOL (FRANCE): BUSINESS PERFORMANCE
TABLE 072. AGRICOOL (FRANCE): PRODUCT PORTFOLIO
TABLE 073. AGRICOOL (FRANCE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. CROP ONE (DUBAI: SNAPSHOT
TABLE 074. CROP ONE (DUBAI: BUSINESS PERFORMANCE
TABLE 075. CROP ONE (DUBAI: PRODUCT PORTFOLIO
TABLE 076. CROP ONE (DUBAI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. UAE): SNAPSHOT
TABLE 077. UAE): BUSINESS PERFORMANCE
TABLE 078. UAE): PRODUCT PORTFOLIO
TABLE 079. UAE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. SURNA (BOULDER: SNAPSHOT
TABLE 080. SURNA (BOULDER: BUSINESS PERFORMANCE
TABLE 081. SURNA (BOULDER: PRODUCT PORTFOLIO
TABLE 082. SURNA (BOULDER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. COLORADO): SNAPSHOT
TABLE 083. COLORADO): BUSINESS PERFORMANCE
TABLE 084. COLORADO): PRODUCT PORTFOLIO
TABLE 085. COLORADO): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. FREIGHT FARMS (BOSTON): SNAPSHOT
TABLE 086. FREIGHT FARMS (BOSTON): BUSINESS PERFORMANCE
TABLE 087. FREIGHT FARMS (BOSTON): PRODUCT PORTFOLIO
TABLE 088. FREIGHT FARMS (BOSTON): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. SWEGREEN (SWEDEN): SNAPSHOT
TABLE 089. SWEGREEN (SWEDEN): BUSINESS PERFORMANCE
TABLE 090. SWEGREEN (SWEDEN): PRODUCT PORTFOLIO
TABLE 091. SWEGREEN (SWEDEN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 092. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 093. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 094. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. HYDROPONICS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. HYDROPONICS MARKET OVERVIEW BY SYSTEM TYPE
FIGURE 012. LIQUID SYSTEMS MARKET OVERVIEW (2016-2028)
FIGURE 013. AGGREGATE SYSTEMS MARKET OVERVIEW (2016-2028)
FIGURE 014. HYDROPONICS MARKET OVERVIEW BY CROP TYPE
FIGURE 015. FLOWERS MARKET OVERVIEW (2016-2028)
FIGURE 016. VEGETABLES MARKET OVERVIEW (2016-2028)
FIGURE 017. FRUITS MARKET OVERVIEW (2016-2028)
FIGURE 018. HYDROPONICS MARKET OVERVIEW BY EQUIPMENT
FIGURE 019. HVAC MARKET OVERVIEW (2016-2028)
FIGURE 020. IRRIGATION SYSTEMS MARKET OVERVIEW (2016-2028)
FIGURE 021. MATERIAL HANDLING EQUIPMENT MARKET OVERVIEW (2016-2028)
FIGURE 022. LED GROW LIGHTS MARKET OVERVIEW (2016-2028)
FIGURE 023. CONTROL SYSTEMS MARKET OVERVIEW (2016-2028)
FIGURE 024. NORTH AMERICA HYDROPONICS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. EUROPE HYDROPONICS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. ASIA PACIFIC HYDROPONICS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. MIDDLE EAST & AFRICA HYDROPONICS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. SOUTH AMERICA HYDROPONICS MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Hydroponics Market research report is 2023-2030.
Aero farm systems (USA), Lettus grow (UK), Hydrofarm (USA), Citycrop (Greece), Circulus Agtech (Canada), and other major players.
The Hydroponics Market is segmented into System Type, Crop Type, Equipment and region. By System Type, the market is categorized into Aggregated systems and Liquid systems. By Crop Type, the market is categorized into Vegetables, Fruits, Flowers. By Equipment, the market is categorized into HVAC, LED Grow lights, Irrigation systems, Material handling equipment, Control systems. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Hydroponics is a technique of growing plants in a water-based and nutrient-rich solution. The plant root system is supported by using an inert medium such as rockwool, perlite, clay pellets, vermiculite or peat moss, rather than soil, which is utilized for cultivating better crop quality and yield, and further drives the market growth.
Global Hydroponics Market Size Was Valued at USD 27.99 Billion In 2022 And Is Projected to Reach USD 42.64 Billion By 2030, Growing at A CAGR of 5.4% From 2023 To 2030.