Hydroponics Market Size By Type, By Crop Type, By Equipment, By Geographic Scope And Forecast

Posted May 20, 2020 by jennysmith22119

Hydroponics Market was valued at USD 6.9 Billion in 2018 and is projected to reach USD 16.4 Billion by 2026, growing at a CAGR of 11.3% from 2019 to 2026.

The latest survey on Global Hydroponics Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunities available and trend in Hydroponics Market. The report aims to present the analysis of Global Hydroponics Market By Type, By Crop Type, By Equipment, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.

Hydroponics Market Size And Forecast
According to Verified Market Research, the Global Hydroponics Market was valued at USD 6.9 Billion in 2018 and is projected to reach USD 16.4 Billion by 2026, growing at a CAGR of 11.3% from 2019 to 2026.

What is Hydroponics?
Hydroponics is a soil-less farming technique that makes use of nutrient solutions in the water solvent without the use of soil. Nutrient-rich water is allowed to flow through the pipe network containing submerged plant roots. the plants are grown under controlled environmental conditions with proper temperature, light, relative humidity, nutrient, and water supply. This technique is practiced in an area with limited cultivable land availability. Hydroponics saves land and water use for crop production. Several types of crops are possible to grow using hydroponics such as – fruits, vegetables, and flowers.

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Global Hydroponics Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The market for hydroponics has gained significant recognition owing to the several benefits it has to offer. According to a study, the output generated from hydroponics is much better than soil farming. The technique is an alternative to poor soil content and land availability and therefore has driven the market. Also, hydroponics only uses 10% of the total water used for conventional land farming and therefore the practice has gained recognition in an area facing water shortage problems. However, hydroponics requires high capital investment and therefore might prove to be the restricting factor of the market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Hydroponics Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Hydroponics Market Competitive Landscape
The “Global Hydroponics Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as AeroFarms, Freight Farms, Signify Holding, ScottsMiracle-Gro, Triton Foodworks Pvt. Ltd., LOGIQS B.V. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Global Hydroponics Market, By Type
• Aggregate Systems
• Liquid Systems

Global Hydroponics Market, By Crop Type
• Fruits
• Vegetables
• Flowers

Global Hydroponics Market, By Equipment
• Irrigation Systems
• Led Grow Light
• Control Systems
• Other

Global Hydroponics Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Issued By vmr
Country United States
Categories Business
Tags Hydroponics Market
Last Updated May 20, 2020