Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Global Hydroponics Market to reach USD 20.9 billion by 2027.

Global Hydroponics Market Size study, by Type (Aggregate Hydroponic System and Liquid Hydroponic System), By Crop Type (Tomato, Lettuce & Leafy vegetables, Pepper, Cucumber, Microgreens and Other Crop types) and Regional Forecasts 2020-2027

Product Code: OIRAAL_12290646
Publish Date: 1-07-2020
Page: 200

Global Hydroponics Market is valued approximately USD 8.50 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 11.90 % over the forecast period 2020-2027. Hydroponics is one of the fastest-growing soil-less farming practice at a global level, using mineral nutrient solutions, in water without soil which is also referred as subset of hydroculture. Also, this approach involves growing healthy plants using a nutrient such as mineral rock water solution. The advent of vertical farming technology and recent advances in urban farming have propelled the growth of the market. As per the ClearViewIP in April 2019, UAE has a vested interest in alternative to traditional farming. As a desert country, they import 90% of their food. In 2018, the country plan for the world’s largest vertical farm to be built. Emirates Flight Catering and Crop One Holdings jointly incorporated around USD 40 million to enhance vertical farming project in Dubai. As a result, growing focus on customized farming approach and the cultivation of medicinal plants is anticipated to offer new growth opportunity for the industry. However, high capital investment for large-scale farms is hampering the growth of this market. Further, the key players are focusing on strategies such as product launch, investment, innovation and merger & acquisition to sustain themselves amidst fierce competition. In November 2019, Aerospace invested around USD 42 million for building the largest indoor farming facility at Cane Creek Center, a joint industrial park for City of Danville and Pittsylvania country.

The regional analysis of global Hydroponics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region owing to the substantial adoption of hydroponics in Australia, China, South Korea, and other such countries. The market in India and China is expected to escalate significantly over the forecast period owing to the emerging urban hydroponic farms. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Argus Control Systems Limited
Freight Farms
Green Sense Farms Holdings Inc.
Heliospectra AB
Signify Holding
Terra Tech Group
Emirates Hydroponics Farms
Logiqs B.V

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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available 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 Hydroponic System
Liquid Hydroponic System
By Crop Type:
Lettuce & Leafy vegetables
Other Crop types
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Hydroponics Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Hydroponics Market, by Region, 2018-2027 (USD Billion)
1.2.2. Hydroponics Market, by Type, 2018-2027 (USD Billion)
1.2.3. Hydroponics Market, by Crop type 2018-2027 (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. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Hydroponics Market Dynamics
3.1. Hydroponics Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
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
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. 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 2017-2027 (USD Billion)
5.4. Hydroponics Market, Sub Segment Analysis
5.4.1. Aggregate Hydroponic System
5.4.2. Liquid Hydroponic System
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 2017-2027 (USD Billion)
6.4. Hydroponics Market, Sub Segment Analysis
6.4.1. Tomato
6.4.2. Lettuce & Leafy vegetables
6.4.3. Pepper
6.4.4. Cucumber
6.4.5. Microgreens
6.4.6. Other Crop types
Chapter 7. Global Hydroponics Market, Regional Analysis
7.1. Hydroponics Market, Regional Market Snapshot
7.2. North America Hydroponics Market
7.2.1. U.S. Hydroponics Market Type breakdown estimates & forecasts, 2017-2027 Crop Type breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Hydroponics Market
7.3. Europe Hydroponics Market Snapshot
7.3.1. U.K. Hydroponics Market
7.3.2. Germany Hydroponics Market
7.3.3. France Hydroponics Market
7.3.4. Spain Hydroponics Market
7.3.5. Italy Hydroponics Market
7.3.6. Rest of Europe Hydroponics Market
7.4. Asia-Pacific Hydroponics Market Snapshot
7.4.1. China Hydroponics Market
7.4.2. India Hydroponics Market
7.4.3. Japan Hydroponics Market
7.4.4. Australia Hydroponics Market
7.4.5. South Korea Hydroponics Market
7.4.6. Rest of Asia Pacific Hydroponics Market
7.5. Latin America Hydroponics Market Snapshot
7.5.1. Brazil Hydroponics Market
7.5.2. Mexico Hydroponics Market
7.6. Rest of The World Hydroponics Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. AeroFarms Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Argus Control Systems Limited
8.2.3. Freight Farms
8.2.4. Green Sense Farms Holdings Inc.
8.2.5. Heliospectra AB
8.2.6. Signify Holding
8.2.7. Terra Tech Group
8.2.8. LumiGrow
8.2.9. Emirates Hydroponics Farms
8.2.10. Logiqs B.V
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

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now