India Hydroponics Market Synopsis

India Hydroponics Market Size Was Valued at USD 1.71 Billion in 2023, and is Projected to Reach USD 7.50 Billion by 2032, Growing at a CAGR of 17.85% From 2024-2032.

India Hydroponics is a sort of horticulture and a subset of hydroculture which includes developing plants, more often than not crops or restorative plants, without soil, by utilizing water-based mineral nutrient arrangements in an artificial environment. Terrestrial or aquatic plants may develop freely with their roots uncovered to the nutritious fluid or the roots may be mechanically bolstered by an inert medium such as perlite, rock, or other substrates.

• From few decades, India population rises gradually and increase in food demand. So, it becomes crucial to automate and intensify our current conventional practices to defeat India starvation. Hydroponics is the method to resolve this problem. It is a system set up where plants are grown in a water-based nutrient-rich solution and no soil is used.
• The nutrient solution may have sand, rock wool or coir. The add-on minerals in the nutrient solution provide all the necessary components of growth required by the plants. This technique is best suited for all the disease prone plants as the soil may have some disease-causing microbes, nematodes, and poor soil quality due to soil erosion. Hydroponics is also a type of vertical farming, viewed as a marginal crop production activity up to a system essential for providing future food security (Gerrewey et al. 2022).
• Conventional vegetable production in open fields exposes crops to abiotic stresses such as temperature, precipitation, wind, salinity and also biotic stress pests, insects, soil microbes, and weeds which can make outdoor production seasonal and sometimes very volatile and restricted to use (Ampim et al. 2022). Hydroponically generated vegetables secure more yearly production since they provide multiple harvests in a year compared to a single harvest in conventional farming (Karim et al. 2022).
• Currently, hydroponics cultivation is gaining popularity worldwide because of its smart management of resources in a very efficient way and the production of quality foodstuff (Swain et al. 2021). The cost and economic resources needed for conventional cultivation can be reduced by this technique. Some places where there are extreme climatic conditions for plants to grow, like some barren land pieces where plants cannot withstand at all, so at such places this technique plays a role of a saviour. Biotechnology also enhances its wings on developing genetically modified plants for expanding crop yield and introducing characteristic features such as growing seasonal crops throughout the year, weather-resistant, and pest resistance.
• Compared to traditional agriculture, hydroponic cultivation yields high-quality crops with 90% more efficient use of water. Therefore, hydroponic cultivation could be considered a succeeding future of conventional agriculture (Monisha et al. 2023). The Hydroponics is also called as soilless culture systems (SCS) that consists of all systems and includes plant cultivation in which the supply of required minerals and water is carried out through a Hydroponic nutrient solution (HNS) (Nicola 2021). Recently, Europe is the largest hydroponics market among which Spain, Netherlands, and France are the three top producers, followed by the United States of America and Asia-Pacific territory (Prakash et al. 2020).

India Hydroponics Market Trend Analysis

Increasing Urbanization with Decrease of Agricultural Lands

• With the quick pace of urbanization and population development, urban regions are encountering a raising request for new, locally developed create. Traditional farming struggles to meet this request due to the restricted accessibility of arable arrive and the tall costs related with transporting newly create from provincial ranches to urban centers.
• Hydroponics rises as an innovative arrangement to these challenges, enabling the development of crops in limited urban spaces such as rooftops, balconies, and indoor environments. By utilizing soilless developing strategies and compact, effective systems, hydroponics maximizes space utilization and permits for vertical cultivating, which is particularly beneficial in thickly populated cities. This strategy not as it were ensuring a steady supply of new, nutritious create year-round but moreover reduces the carbon impression related with long-distance nourishment transportation.
• Besides, hydroponic cultivating in urban regions can contribute to nourishment security, back nearby economies, and cultivate community engagement through urban farming activities. By and large, hydroponics addresses the squeezing require for maintainable and proficient nourishment production in quickly urbanizing districts, making it a crucial component of present-day urban farming.

Opportunity

Technological Integration

• Technological integration in hydroponic frameworks, especially through the utilize of IoT (Internet of Things), AI (Artificial Intelligence), and automation, is revolutionizing the productivity and efficiency of modern farming. IoT gadgets empower real-time observing and control of different environmental parameters such as temperature, humidity, light intensity, and supplement levels. Sensors collect information ceaselessly, giving experiences into plant wellbeing and development conditions, which can be gotten to remotely through smartphones or computers.
• AI calculations analyse this information to optimize developing conditions, foresee potential issues, and propose remedial activities, hence improving crop yields and quality. Automation advance disentangles the administration of hydroponic frameworks by automating schedule assignments such as watering, nutrient delivery, and climate control.
• This diminishes the need for manual labour, brings down operational costs, and minimizes human error. Together, these advances make a keen farming ecosystem that not only boosts efficiency but too guarantees maintainability and resource productivity, making hydroponic cultivating more practical and adaptable for both small and large-scale operations.

India Hydroponics Market Segment Analysis:

Hydroponics market is segmented on the basis of Type, Crop Type, Equipment, Input, Scale of Operation, End User and Distribution Channel and Region

By Type, Nutrient Film System (NFT) Segment Is Expected to Dominate the Market During the Forecast Period

By Type it is segmented as Nutrient Film System (NFT), Deep Water Culture (DWC), Drip System, Ebb and Flow (Flood and Drain), Aeroponics, And Wick System.

• The Nutrient Film Technique (NFT) is often considered the overwhelming hydroponic framework due to its numerous advantages. One of the essential benefits is its efficiency in nutrient use, as the system utilizes a thin film of nutrient solution that persistently streams over the roots of plants. This ensures a steady supply of essential nutrients and oxygen, promoting healthy and rapid plant growth. Cost-effectiveness is another significant advantage; NFT systems require less water and nutrient solution compared to other hydroponic strategies, thanks to their recycling nature, which diminishes waste and operational costs.
• NFT systems are profoundly versatile, appropriate for growing a wide variety of crops, particularly leafy greens and herbs. This flexibility makes them prevalent for commercial operations looking to diversify their produce. The versatility of NFT systems could be a key feature, permitting growers to begin with a little setup and grow as needed without substantial changes to the infrastructure. This is often pivotal for both small-scale urban farms and large commercial operations. 
• NFT frameworks are designed to use vertical space proficiently, with multi-layered setups that maximize developing area a noteworthy advantage in urban situations where space is limited. Ease of maintenance is another advantage, as NFT frameworks have fewer moving parts and are less complex compared to frameworks like aeroponics, reducing the probability of mechanical disappointments and making them simpler to oversee. At long last, the efficient delivery of nutrients and oxygen in NFT systems leads to high yield potential and quick development rates, making them a preferred choice for commercial growers aiming to maximize yield.
• In 2020, coir production in India amounted to approximately 587 thousand tons. In comparison, coir production in Bangladesh equaled approximately ten thousand tons in 2020.

By Crop Type, Vegetables Segment Held the Largest Share In 2023

By Crop Type it is segmented as Vegetables, Fruits, Herbs, Flowers and Ornamentals, Others.

• Vegetables have become the dominant crop type in hydroponic farming due to a few compelling components. There's a high worldwide request for vegetables such as lettuce, tomatoes, cucumbers, and bell peppers, which are basic components of day-by-day diets and have critical showcase value. This high demand guarantees great returns on venture for hydroponic farmers. Moreover, numerous vegetables have moderately brief development cycles compared to natural products and blooms, allowing for numerous harvests inside a year.
• This visit collecting improves productivity and profitability, making vegetables a financially practical choice. The suitability of vegetables, especially leafy greens, for hydroponic frameworks is another major advantage. These crops have generally basic supplement necessities and can develop thickly, optimizing the utilize of assets and space. Hydroponic frameworks give the exact developing conditions these vegetables require, driving to higher yields and superior quality produce. Besides, vegetables can be developed vertically, which maximizes space efficiency—a fundamental highlight for urban farming where space is frequently restricted. Hydroponics too guarantees steady quality and measure of create due to the exact control over natural conditions, which is exceedingly esteemed in both retail and discount markets.
• The controlled environment of hydroponic frameworks altogether reduces the chance of pests and diseases common in conventional soil-based cultivating, in this manner minimizing the require for pesticides and coming about in more advantageous create. These factors collectively make vegetables the foremost prevailing and favoured crop type in hydroponic farming.

India Hydroponics Market Regional Insights:

West India is Expected to Dominate the Market Over the Forecast Period

• The western region of India, especially Maharashtra and Gujarat, dominates the aquaculture market due to favourable climatic conditions, strong government support, high urban demand for fresh produce and key players in the industry. The climate in these states lends itself to controlled environmental agriculture, which is an important part of aquaculture. Although hydroponics can work regardless of the outside weather, the temperate climate of Maharashtra and Gujarat increases productivity and reduces operational costs.
• Government policies and subsidies at the state and central government levels have helped promote aquaculture. These initiatives provide financial support and technical assistance to encourage farmers to adopt Sustainable Agricultural Practice. In addition, urban centers such as Mumbai and Pune in Maharashtra have high population density and a growing demand for fresh, locally grown, pesticide-free produce. Hydroponics effectively meets this demand by providing reliable fresh vegetables and fruits for urban markets.
• Many companies and startups focused on hydroponics have started operations in Maharashtra and Gujarat. These companies drive innovation, provide knowledge and facilitate the adoption of hydroponic technologies among local farmers. Their presence ensures better access to the latest technology and resources needed for successful aquaculture. Together, these factors contribute to the leadership of the western region in the Indian aquaculture market.

India Hydroponics Market Active Players

• Future Farms (Tamil Nadu)
• Nutrifresh (Maharashtra)
• Rise Hydroponics (Gujarat)
• Simply Fresh India (Telangana)
• UrbanKissan (Telangana)
• Eekifoods (Maharashtra)
• Acqua Farms (Karnataka)
• BitMantis Innovations (Karnataka)
• Hydroponics India (Tamil Nadu)
• Soham Hydroponics (Gujarat)
• Agriplast Protected Cultivation (Karnataka)
• CityGreens Hydroponics (Karnataka)
• Letcetra Agritech (Goa)
• Crafting Future (Maharashtra)
• Kheyti (Telangana)
• Farm 2.0 (Karnataka)
• Nutrient Co. (Maharashtra)
• Ponics Technologies (Tamil Nadu)
• Greenopia (Maharashtra)
• OASIS Farms (Maharashtra)
• Hygronics Enterprises (Tamil Nadu)
• LazyGardener (Karnataka)
• IGS Hydroponics (Gujarat)
• Truant Farm Tech (Tamil Nadu)
• Living Greens (Rajasthan)
• ChhajedGarden (Maharashtra)
• Jaivik Setu (Madhya Pradesh)
• Urban Greens (West Bengal)
• Homecrop (Telangana)
• Ecolife (Karnataka) and Other Active Players

Key Industry Developments in The India Hydroponics Market:

• In May 2024, Punjab Agricultural University (PAU), Ludhiana has inked a pact with LS Industries, Bairsen, Solan for the commercialisation of 'Hybrid hydroponics technology with improved water and nutrient perforation and re circulation system'. Ajmer Singh Dhatt, director of research, PAU and Mr Sanju Laroia, senior vice-president (global operations), L S Industries Limited, signed the agreement on behalf of their respective organisations.
• In Jan 2024, In a new study published in the journal PNAS, researchers from Linkoping University have unveiled an innovative electrically conductive cultivation soil, dubbed eSoil, which has demonstrated a remarkable ability to enhance the growth of barley seedlings by 50% within just 15 days. This development in hydroponic technology could potentially revolutionise urban farming and contribute significantly to global food security.
• In Dec 2023, The Uttarakhand Rural Development and Panchayati Raj Institute (UIRD) is launching a hydroponic farming project supported by the Department of Horticulture. An advanced polyhouse is being constructed for water-based cultivation, empowering women.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. HYDROPONICS MARKET BY TYPE (2017-2032)
   1. HYDROPONICS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. NUTRIENT FILM SYSTEM (NFT)
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors and Opportunities
      5. Geographic Segmentation Analysis
   4. DEEP WATER CULTURE (DWC)
   5. DRIP SYSTEM
   6. EBB AND FLOW (FLOOD AND DRAIN)
   7. AEROPONICS
   8. WICK SYSTEM
7. HYDROPONICS MARKET BY CROP TYPE (2017-2032)
   1. HYDROPONICS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. VEGETABLES
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. FRUITS
   5. HERBS
   6. FLOWERS AND ORNAMENTALS
   7. OTHERS
8. HYDROPONICS MARKET BY EQUIPMENT (2017-2032)
   1. HYDROPONICS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. GROWTH CHAMBERS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. LIGHTING SYSTEM
   5. CONTROL SYSTEM
   6. GROWING MEDIA
   7. PUMPS AND IRRIGATION SYSTEMS
   8. CONTAINERS AND RESERVOIRS
9. HYDROPONICS MARKET BY SCALE OF OPERATION (2017-2032)
   1. HYDROPONICS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. LARGE-SCALE COMMERCIAL OPERATIONS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. SMALL TO MEDIUM-SIZED ENTERPRISES (SMES)
   5. PERSONAL USE
10. HYDROPONICS MARKET BY END USER (2017-2032)
    1. HYDROPONICS MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. COMMERCIAL GROWERS
       1. Introduction And Market Overview
       2. Historic And Forecasted Market Size in Value (2017-2032F)
       3. Historic And Forecasted Market Size in Volume (2017-2032F)
       4. Key Market Trends, Growth Factors And Opportunities
       5. Geographic Segmentation Analysis
    4. RESIDENTIAL/HOME GARDENS
    5. RESEARCH AND EDUCATIONAL INSTITUTIONS
    6. RETAIL
11. HYDROPONICS MARKET BY DISTRIBUTION CHANNEL (2017-2032)
    1. HYDROPONICS MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. ONLINE RETAILERS
       1. Introduction And Market Overview
       2. Historic And Forecasted Market Size in Value (2017-2032F)
       3. Historic And Forecasted Market Size in Volume (2017-2032F)
       4. Key Market Trends, Growth Factors And Opportunities
       5. Geographic Segmentation Analysis
    4. OFFLINE RETAILERS
12. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
       1. Competitive Benchmarking
       2. Hydroponics Market Share By Manufacturer (2023)
       3. Industry BCG Matrix
       4. Heat Map Analysis
       5. Mergers & Acquisitions
    2. FUTURE FARMS
       1. Company Overview
       2. Key Executives
       3. Company Snapshot
       4. Role of the Company in the Market
       5. Sustainability and Social Responsibility
       6. Operating Business Segments
       7. Product Portfolio
       8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
       9. Key Strategic Moves And Recent Developments
       10. SWOT Analysis
    3. NUTRIFRESH
    4. BITMANTIS INNOVATIONS
    5. HYDROPONICS INDIA
    6. ACQUA FARMS
    7. SOHAM HYDROPONICS
    8. AGRIPLAST PROTECTED CULTIVATION
    9. CITYGREENS HYDROPONICS
    10. SIMPLY FRESH INDIA
    11. CRAFTING FUTURE
    12. RISE HYDROPONICS
    13. KHEYTI
    14. FARM 2.0
    15. NUTRIENT CO.
    16. LETCETRA AGRITECH
    17. URBANKISSAN
    18. PONICS TECHNOLOGIES
    19. GREENOPIA
    20. OASIS FARMS
    21. HYGRONICS ENTERPRISES
    22. LAZYGARDENER
    23. IGS HYDROPONICS
    24. EEKIFOODS
    25. TRUANT FARM TECH
    26. LIVING GREENS
    27. CHHAJEDGARDEN
    28. JAIVIK SETU
    29. URBAN GREENS
    30. HOMECROP
    31. ECOLIFE
13. INDIA HYDROPONICS MARKET BY REGION
    1. OVERVIEW
    2. NORTH INDIA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Type
       4. Historic And Forecasted Market Size By Crop Type
       5. Historic And Forecasted Market Size By Equipment
       6. Historic And Forecasted Market Size By Scale Of Operation
       7. Historic And Forecasted Market Size By End-user
       8. Historic And Forecasted Market Size By Distribution Channel
       9. Historic And Forecasted Market Size By State
          1. Jammu and Kashmir
          2. Himachal Pradesh
          3. Punjab
          4. Haryana
          5. Uttar Pradesh
          6. Uttarakhand
          7. Union Territories {Delhi, Chandigarh}
    3. SOUTH INDIA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By State
          1. Andhra Pradesh
          2. Karnataka
          3. Kerala
          4. Tamil Nadu
          5. Telangana
          6. Union Territories {Lakshadweep, Puducherry}
    4. EAST INDIA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By State
          1. Bihar
          2. Jharkhand
          3. Odisha
          4. West Bengal
          5. Union Territories {Andaman and Nicobar Islands}
    5. WEST AND CENTRAL INDIA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By State
          1. Goa
          2. Gujarat
          3. Maharashtra
          4. Rajasthan
          5. Chhattisgarh
          6. Madhya Pradesh
          7. Union Territories {Dadra and Nagar Haveli and Daman and Diu}
    6. NORTHEAST INDIA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By State
          1. Arunachal Pradesh
          2. Assam
          3. Manipur
          4. Meghalaya
          5. Mizoram
          6. Nagaland
          7. Sikkim
          8. Tripura
14. INVESTMENT ANALYSIS
15. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies