Global Hydroponics Market was valued at USD 7.9 billion in 2019, which is expected to reach USD 17.0 billion by 2030 at a CAGR 13.1%.
Hydroponics is the process of growing plants by using mineral solution in gravel, sand, without using soil. Increase in success rate related with the commercial hydroponics industry and the rise in difficulty of growing crops on soil, the global hydroponics market is growing exponentially, over the forecast period. The hydroponic system manufacturers are focusing on the development of new efficient system will boost the market growth over the forecast period.
Rise in usage of hydroponic systems for indoor farming of vegetables is the key driving factor which is expected to global hydroponic market growth. Furthermore, rise in adoption of alternative farming methods for cannabis cultivation is significantly increasing due to legalization of marijuana in several countries such as South Africa, Canada, and others will have the positive impact on global hydroponics market growth. Moreover, rise in awareness regarding the effects of pesticides and artificial ripening agents over the health will increase the demand for hydroponics which is expected to drive the global hydroponics market growth during this forecast period. Low installation cost and ease of application will have the positive Impact on global hydroponics market growth.
However, high capital investments for large scale enterprise are the major restraining factor which expected to hamper the global hydroponics market growth. Also, lack of government policy and tax breaks in developing countries will affect the global hydroponics market growth.
Global Hydroponics Market is segmented into type such as Aggregate System ( EBB and Flow System, Water Culture System, Drip System, and Others), and Liquid Hydroponics ( Aeroponics, Nutrient Film Technique, and Others), by input such as Growth Media, Nutrients, and Others, by equipment such as Irrigation System, HVAC, LED Growing Lights, and Others. Further, Global Hydroponics Market is segmented into crop type such as Fruits, Vegetables, Flowers, and Others.
Also, Global Hydroponics Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players discussed in this report such as Emirates Hydroponic Farm, Green Sense Farms , Freight Farms, Triton Foodworks Pvt. Ltd., Terra Tech Corp, Aerofarms, Emerald Harvest, Advanced Nutrients, American Hydroponics , Signify Holding, Heliospectra Ab , Scotts Miracle Gro, Argus Control Systems ,and Logiqs B.V.
1.1. Market Taxonomy
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
5.1. Y-o-Y Growth Comparison, By Type
5.2. Global Hydroponics Market Share Analysis, By Type
5.3. Global Hydroponics Market Size and Forecast, By Type
5.3.1 Aggregate System
5.3.1.1 EBB and Flow System
5.3.1.2 Water Culture System
5.3.1.3 Drip System
5.3.1.4 Others
5.3.2 Liquid Hydroponics
5.3.2.1Aeroponics
5.3.2.2 Nutrient Film Technique
5.3.2.3 Others
6.1. Y-o-Y Growth Comparison, By Input
6.2. Global Hydroponics Market Share Analysis, By Input
6.3. Global Hydroponics Market Size and Forecast, By Input
6.3.1Growth Media
6.3.2 Nutrients
6.3.3 Others
7.1. Y-o-Y Growth Comparison, By Equipment
7.2. Global Hydroponics Market Share Analysis, By Equipment
7.3. Global Hydroponics Market Size and Forecast, By Equipment
7.3.1 Irrigation System
7.3.2 HAVC
7.3.3 LED Growing Lights
7.3.4 Others
8.1. Y-o-Y Growth Comparison, By Crop Type
8.2. Global Hydroponics Market Share Analysis, By Crop Type
8.3. Global Hydroponics Market Size and Forecast, By Crop Type
8.3.1 Fruits
8.3.2 Vegetables
8.3.3 Flowers
8.3.4 Others
9.1. Y-o-Y Growth Comparison, By Region
9.2. Global Hydroponics Market Share Analysis, By Region
10.1 Introduction
10.2 North America Hydroponics Market Analysis, By Type
10.3North America Hydroponics Market Analysis, By Input
10.4North America Hydroponics Market Analysis, By Equipment
10.5North America Hydroponics Market Analysis, By Crop Type
10.6 North America Hydroponics Market Analysis, By Country
10.6.1USA
10.6.2 Canada
10.6.3 Mexico
11.1 Introduction
11.2 Europe Hydroponics Market Analysis, By Type
11.3 Europe Hydroponics Market Analysis, By Input
11.4 Europe Hydroponics Market Analysis, By Equipment
11.5 Europe Hydroponics Market Analysis, By Crop Type
11.6 Europe Hydroponics Market Analysis, By Country
11.6 .1Germany
11.6 .2 France
11.6 .3 UK
11.6 .4 Rest of Europe
12.1 Introduction
12.2 Asia Pacific Hydroponics Market Analysis, By Type
12.3Asia Pacific Hydroponics Market Analysis, By Input
12.4Asia Pacific Hydroponics Market Analysis, By Equipment
12.5 Asia Pacific Hydroponics Market Analysis, By Crop Type
12.6 Asia Pacific Hydroponics Market Analysis, By Country
12.6.1China
12.6.2 India
12.6.3 Japan
12.6.4 Rest of Asia Pacific
13.1 Introduction
13.2 Latin America Hydroponics Market Analysis, By Type
13.3Latin America Hydroponics Market Analysis, By Input
13.4Latin America Hydroponics Market Analysis, By Equipment
13.54Latin America Hydroponics Market Analysis, By Crop Type
14.1 Introduction
14.2 Middle East & Africa Hydroponics Market Analysis, By Type
14.3Middle East & Africa Hydroponics Market Analysis, By Input
14.4Middle East & Africa Hydroponics Market Analysis, By Equipment
14.5Middle East & Africa Hydroponics Market Analysis, By Crop Type
15.1 Competition Dashboard
15.2Market Share Analysis of Top Vendors
15.3 Key Development Strategies
16.1 Emirates Hydroponic Farm
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financial
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Green Sense Farms
16.3 Freight Farms
16.4 Triton Foodworks Pvt. Ltd
16.5 Terra Tech Corp
16.6 Aerofarms
16.7 Emerald Harvest
16.8 Advanced Nutrients
16.9 American Hydroponics
16.10 Signify Holding
16.11 Heliospectra Ab
16.12 Scotts Miracle Gro
16.13 Argus Control Systems
16.14 Logiqs B.V
