Global Hydroponics Market Size study & Forecast, by Type (Aggregate Systems, Liquid Systems) by Crop Type (Tomatoes, Lettuce, Peppers, Cucumbers, Herbs and Others) and Regional Analysis, 2023-2030

Description

List of Tables

Global Hydroponics Market is valued approximately at USD 4.65 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 11.9% over the forecast period 2023-2030. Hydroponics is a soilless method of cultivating plants; wherein mineral nutrient solutions are directly delivered to the plant roots in a controlled environment. This innovative agricultural technique allows for precise control over key factors such as nutrient levels, pH, and temperature, providing an optimal and stable growing environment. By eliminating the need for soil, hydroponics offers several advantages, including efficient use of water, faster plant growth, and the ability to grow crops in locations with poor soil quality. The Hydroponics market is expanding because of factors such as increasing indoor cultivation of vegetables, growing food demand, limited availability of cultivable land.

The increasing global population is driving a growing demand for food. According to the Food and Agriculture Organization (FAO) of the United Nations (UN), the world's population is anticipated to reach 9.1 billion by 2050, requiring a corresponding surge in food production ranging from 25% to 70%. This upswing is set to necessitate the exploration into innovative farming technologies designed to achieve increased yields in shorter periods is gaining traction. Notably, in regions such as the Asia Pacific and Europe, where arable land and water resources are increasingly scarce, there is surge in the embrace of alternative farming methods that promise elevated yields. This trend is anticipated to significantly contribute to the anticipated expansion of agricultural practices in these areas of the market. In addition, higher consumption of salads and exotic vegetables and rapid urbanization are some factors creating new opportunities for the market growth. However, the high initial setup costs and lack of awareness stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Hydroponics Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in 2022 owing to burgeoning population in the region, leading to an increased demand for sustainable and efficient agricultural practices, government initiatives promoting advanced agricultural technologies, coupled with a growing awareness of the benefits of soilless farming, further propel the hydroponics market in the Asia Pacific, creating a conducive environment for its sustained expansion. North America is expected to grow significantly during the forecast period, owing to factors such as growing adoption of alternative farming techniques in urban areas and presence of key market players in the region.

Major market player included in this report are:

BrightFarms
AmHydro
Argus Control Systems Limited
Emirates Hydroponics Farms
Freight Farms, Inc.
AeroFarms
Heliospectra
Signify Holding
Nutrifresh India
UrbanKisaan

Recent Developments in the Market:

In October 2022, GrowGeneration Corp (GRWG) has inaugurated its inaugural hydroponic store in Virginia, covering an expansive 9,000 square feet in Richmond. This strategic move marks the company's entrance into the burgeoning hydroponic market in the state. Capitalizing on the momentum, GRWG has outlined plans for further expansion, solidifying its presence in Virginia.
In July 2022, Bustanica has unveiled the world's largest hydroponic farm, supported by a substantial investment of USD 40 million. This groundbreaking facility represents the inaugural vertical farm for Emirates Crop One, a collaborative venture between Emirates Flight Catering (EKFC), a major catering operation serving over 100 airlines globally, and Crop One, a pioneer in technology-driven indoor vertical farming.

Global Hydroponics Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Crop Type, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type:

Aggregate Systems
Liquid Systems

By Crop Type:

Tomatoes
Lettuce
Peppers
Cucumbers
Herbs
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Hydroponics Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Hydroponics Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Hydroponics Market, by Crop Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Hydroponics Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Hydroponics Market Dynamics

3.1. Hydroponics Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing indoor cultivation of vegetables
  - 3.1.1.2. Growing food demand
  - 3.1.1.3. Limited availability of cultivable land
- 3.1.2. Market Challenges
  - 3.1.2.1. High initial setup costs
  - 3.1.2.2. Lack of awareness
- 3.1.3. Market Opportunities
  - 3.1.3.1. Higher Consumption of Salads and Exotic Vegetables
  - 3.1.3.2. Rapid urbanization

Chapter 4. Global Hydroponics Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Hydroponics Market, by Type

5.1. Market Snapshot
5.2. Global Hydroponics Market by Type, Performance - Potential Analysis
5.3. Global Hydroponics Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Hydroponics Market, Sub Segment Analysis
- 5.4.1. Aggregate Systems
- 5.4.2. Liquid Systems

Chapter 6. Global Hydroponics Market, by Crop Type

6.1. Market Snapshot
6.2. Global Hydroponics Market by Crop Type, Performance - Potential Analysis
6.3. Global Hydroponics Market Estimates & Forecasts by Crop Type 2020-2030 (USD Billion)
6.4. Hydroponics Market, Sub Segment Analysis
- 6.4.1. Tomatoes
- 6.4.2. Lettuce
- 6.4.3. Peppers
- 6.4.4. Cucumbers
- 6.4.5. Herbs
- 6.4.6. Others

Chapter 7. Global Hydroponics Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Hydroponics Market, Regional Market Snapshot
7.4. North America Hydroponics Market
- 7.4.1. U.S. Hydroponics Market
  - 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Crop Type breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Hydroponics Market
7.5. Europe Hydroponics Market Snapshot
- 7.5.1. U.K. Hydroponics Market
- 7.5.2. Germany Hydroponics Market
- 7.5.3. France Hydroponics Market
- 7.5.4. Spain Hydroponics Market
- 7.5.5. Italy Hydroponics Market
- 7.5.6. Rest of Europe Hydroponics Market
7.6. Asia-Pacific Hydroponics Market Snapshot
- 7.6.1. China Hydroponics Market
- 7.6.2. India Hydroponics Market
- 7.6.3. Japan Hydroponics Market
- 7.6.4. Australia Hydroponics Market
- 7.6.5. South Korea Hydroponics Market
- 7.6.6. Rest of Asia Pacific Hydroponics Market
7.7. Latin America Hydroponics Market Snapshot
- 7.7.1. Brazil Hydroponics Market
- 7.7.2. Mexico Hydroponics Market
7.8. Rest of The World Hydroponics Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. BrightFarms
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. AmHydro
- 8.3.3. Argus Control Systems Limited
- 8.3.4. Emirates Hydroponics Farms
- 8.3.5. Freight Farms, Inc.
- 8.3.6. AeroFarms
- 8.3.7. Heliospectra
- 8.3.8. Signify Holding
- 8.3.9. Nutrifresh India
- 8.3.10. UrbanKisaan

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Hydroponics Market, report scope
TABLE 2. Global Hydroponics Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Hydroponics Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Hydroponics Market estimates & forecasts by Crop Type 2020-2030 (USD Billion)
TABLE 5. Global Hydroponics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Hydroponics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Hydroponics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Hydroponics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Hydroponics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Hydroponics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Hydroponics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Hydroponics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Hydroponics Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Hydroponics Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Row Hydroponics Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. Row Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Row Hydroponics Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Hydroponics Market
TABLE 70. List of primary sources, used in the study of global Hydroponics Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable.

LIST OF FIGURES

FIG 1. Global Hydroponics Market, research methodology
FIG 2. Global Hydroponics Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Hydroponics Market, key trends 2022
FIG 5. Global Hydroponics Market, growth prospects 2023-2030
FIG 6. Global Hydroponics Market, porters 5 force model
FIG 7. Global Hydroponics Market, pest analysis
FIG 8. Global Hydroponics Market, value chain analysis
FIG 9. Global Hydroponics Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Hydroponics Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Hydroponics Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Hydroponics Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Hydroponics Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Hydroponics Market, regional snapshot 2020 & 2030
FIG 15. North America Hydroponics Market 2020 & 2030 (USD Billion)
FIG 16. Europe Hydroponics Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Hydroponics Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Hydroponics Market 2020 & 2030 (USD Billion)