Hydroponics Market Size by Crop Type (Fruits, Flowers, Vegetables), By Input (Grow Media, Nutrients), By Equipment (Material Handling, Hvac, Led Grow Light, Control Systems, Irrigation Systems), By Type (Liquid Hydroponic Systems, Aggregate Systems), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2022-2027
The hydroponic market is expected to be around US$ 20.50 billion by 2027 at a CAGR of 11.9%
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
11
REPORT DESCRIPTION
The global hydroponics market has been estimated to be competitive in nature. It is expected to experience intense competition over subsequent few years, notes a replacement marketing research study by Transparency marketing research. The report forecasts that the increasing number of market players and emergence of cutthroat competition are expected to enhance the expansion of worldwide hydroponics market within the next few years to return. Technology is employed to grow crop production without soil and nutrient-rich solutions. Plants are grown within the mineral nutrient solution and soil-less conditions referred to as hydroponics. Traditionally, crops were grown during a particular climate condition but in hydroponics, they are grown within the controlled environment system. Hydroponics uses two methods to grow crops as solid medium culture and solution culture. However, solution culture is gaining popularity across the planet. Hydroponics are designated solutions for economical utilization of water and fertilizers and offer favourable growth settings to the vegetables. This contemporary cultivation methodology is perennially being favoured over traditional farming, on account of its property to supply sustainable growth to vegetables even during adverse weather. Pathogens incubate in soils and contaminate crops and vegetables to cause E. coli and Salmonella poisoning, which poses severe health threats and even deaths in some circumstances, on the consumption of infected plants. Rising cognizance concerning these health risks is acutely entailing vegetables and crops cultivated in an environment free from pathogens, which may be realized with the hydroponic procedure because it eliminates any soil requisites.
The hydroponic market is expected to be around US$ 20.50 billion by 2027 at a CAGR of 11.9%
The global Hydroponics market is segregated on the basis of Crop Type as Fruits, Flowers, Vegetables, and Others. Based on Input the global Hydroponics market is segmented in Grow Media and Nutrients. Based on Equipment the global Hydroponics market is segmented in Material Handling, Hvac, Led Grow Light, Control Systems, Irrigation Systems, and Others.
Based on Type, the global Hydroponics market is segmented in Liquid Hydroponic Systems and Aggregate Systems.
The global Hydroponics market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Hydroponics market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Terra Tech Corp, Triton Foodworks Pvt. Ltd., Freight Farms, Green Sense Farms, Emirates Hydroponic Farm, Signify Holding, Heliospectra Ab, Scotts Miracle Gro, Argus Control Systems, Logiqs B.V., and others are among the major players in the global Hydroponics market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Hydroponics Market has been segmented as below:
Hydroponics Market, By Crop Type
Hydroponics Market, By Input
Hydroponics Market, By Equipment
Hydroponics Market, By Type
Hydroponics Market, By Region
Hydroponics Market, By Company
The report covers:
Report Scope:
The global Hydroponics market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Hydroponics market share. Major industry players with significant revenue share include Terra Tech Corp , Triton Foodworks Pvt. Ltd. , Freight Farms , Green Sense Farms , Emirates Hydroponic Farm , Signify Holding , Heliospectra Ab , Scotts Miracle Gro , Argus Control Systems , Logiqs B.V., and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Hydroponics Market, By Crop Type
5.1 Introduction
5.2 Fruits
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Flowers
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Vegetables
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Others
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Hydroponics Market, By Input
6.1 Introduction
6.2 Grow Media
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Nutrients
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. Hydroponics Market, By Equipment
7.1 Introduction
7.2 Material Handling
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Hvac
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Led Grow Light
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Control Systems
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Irrigation Systems
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Others
7.7.1 Market Overview
7.7.2 Market Size and Forecast
8. Hydroponics Market, By Type
8.1 Introduction
8.2 Liquid Hydroponic Systems
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Aggregate Systems
8.3.1 Market Overview
8.3.2 Market Size and Forecast
9. Hydroponics Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 North America Hydroponics, By Crop Type
9.2.2 North America Hydroponics, By Input
9.2.3 North America Hydroponics, By Equipment
9.2.4 North America Hydroponics, By Type
9.3 Europe
9.3.1 Europe Hydroponics, By Crop Type
9.3.2 Europe Hydroponics, By Input
9.3.3 Europe Hydroponics, By Equipment
9.3.4 Europe Hydroponics, By Type
9.4 Asia-Pacific
9.4.1 Asia-Pacific Hydroponics, By Crop Type
9.4.2 Asia-Pacific Hydroponics, By Input
9.4.3 Asia-Pacific Hydroponics, By Equipment
9.4.4 Asia-Pacific Hydroponics, By Type
9.5 Rest of the World
9.5.1 Rest of the World Hydroponics, By Crop Type
9.5.2 Rest of the World Hydroponics, By Input
9.5.3 Rest of the World Hydroponics, By Equipment
9.5.4 Rest of the World Hydroponics, By Type
10. Competitive Insights
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
11. Company Profiles
11.1 Terra Tech Corp
11.1.1 Company Overview
11.1.2 Product/Service Landscape
11.1.3 Financial Overview
11.1.4 Recent Developments
11.2 Triton Foodworks Pvt. Ltd.
11.2.1 Company Overview
11.2.2 Product/Service Landscape
11.2.3 Financial Overview
11.2.4 Recent Developments
11.3 Freight Farms
11.3.1 Company Overview
11.3.2 Product/Service Landscape
11.3.3 Financial Overview
11.3.4 Recent Developments
11.4 Green Sense Farms
11.4.1 Company Overview
11.4.2 Product/Service Landscape
11.4.3 Financial Overview
11.4.4 Recent Developments
11.5 Emirates Hydroponic Farm
11.5.1 Company Overview
11.5.2 Product/Service Landscape
11.5.3 Financial Overview
11.5.4 Recent Developments
11.6 Signify Holding
11.6.1 Company Overview
11.6.2 Product/Service Landscape
11.6.3 Financial Overview
11.6.4 Recent Developments
11.7 Heliospectra Ab
11.7.1 Company Overview
11.7.2 Product/Service Landscape
11.7.3 Financial Overview
11.7.4 Recent Developments
11.8 Scotts Miracle Gro
11.8.1 Company Overview
11.8.2 Product/Service Landscape
11.8.3 Financial Overview
11.8.4 Recent Developments
11.9 Argus Control Systems
11.9.1 Company Overview
11.9.2 Product/Service Landscape
11.9.3 Financial Overview
11.9.4 Recent Developments
11.10 Logiqs B.V.
11.10.1 Company Overview
11.10.2 Product/Service Landscape
11.10.3 Financial Overview
11.10.4 Recent Developments
11.11 Lumigrow
11.11.1 Company Overview
11.11.2 Product/Service Landscape
11.11.3 Financial Overview
11.11.4 Recent Developments
11.12 Hydroponic System International
11.12.1 Company Overview
11.12.2 Product/Service Landscape
11.12.3 Financial Overview
11.12.4 Recent Developments
11.13 Hydrodynamics International
11.13.1 Company Overview
11.13.2 Product/Service Landscape
11.13.3 Financial Overview
11.13.4 Recent Developments
11.14 American Hydroponics
11.14.1 Company Overview
11.14.2 Product/Service Landscape
11.14.3 Financial Overview
11.14.4 Recent Developments
11.15 Advanced Nutrients
11.15.1 Company Overview
11.15.2 Product/Service Landscape
11.15.3 Financial Overview
11.15.4 Recent Developments
11.16 Emerald Harvest
11.16.1 Company Overview
11.16.2 Product/Service Landscape
11.16.3 Financial Overview
11.16.4 Recent Developments
The Hydroponics Market has been segmented as below:
Hydroponics Market, By Crop Type
Hydroponics Market, By Input
Hydroponics Market, By Equipment
Hydroponics Market, By Type
Hydroponics Market, By Region
Hydroponics Market, By Company
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