
United Kingdom Hydroponics Market, By Type (Aggregate Systems, Liquid Systems); By Equipment (HVAC, LED Grow Light, Control Systems, Irrigation Systems); By Input (Nutrient, Growth Media); By Farming Method (Indoor, Outdoor); By Crop Type (Lettuce, Sweet
Description
United Kingdom Hydroponics Market, By Type (Aggregate Systems, Liquid Systems); By Equipment (HVAC, LED Grow Light, Control Systems, Irrigation Systems); By Input (Nutrient, Growth Media); By Farming Method (Indoor, Outdoor); By Crop Type (Lettuce, Sweet Potato, Tomato, Cucumber, Melon), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
United Kingdom Hydroponics Market Size Set to Grow at Steady CAGR of 6.24% During 2023–2029
The United Kingdom hydroponics market is growing due to the expansion of hydroponic farming to non-traditional crops, such as medicinal plants and herbs, and the development of automated and smart hydroponic systems.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects the United Kingdom hydroponics market size to grow at a steady CAGR of 6.24% during the forecast period between 2023 and 2029. The hydroponics market in the United Kingdom is constantly expanding as agricultural practices become more technologically advanced, as well as a spur in the demand for foods that would otherwise be impossible to plant on the country's soils. Hydroponics technology offers greater yields than conventional agricultural methods due to longer harvest cycles, which will assist the growth of the United Kingdom hydroponics market during the forecast period. Also, rising consumer demand for nutrient-dense, high-quality products, and increasing public awareness of the need for organic and sophisticated food crops drive the market expansion.
United Kingdom Hydroponics Market – Overview
In hydroponics, plants are grown in water-based fertilizer solutions rather than soil, which is a type of horticulture and a subset of hydroculture. In addition to having their roots in the nutrient-rich liquid, plants that grow on land or in water can also hold their roots in a non-reactive media, such as perlite, gravel, or other substances. Numerous advantages of hydroponics include water savings, increased biomass, and protein production, and the ability for plants to grow in harsh environments or space. There are many uses for hydroponics, including the commercial growth of fruits, vegetables, flowers, and medicinal plants as well as for research and teaching.
Impact of COVID-19 on United Kingdom Hydroponics Market
Given the severity of the Covid-19 pandemic, many people now have a serious opinion about eating outdoors. The communities around the sphere have demonstrated a preference for home cooking and self-made/homemade meals, with health and food safety constituting the major focus. The hotel and food industries are now in danger as a result. The adoption rate of urban hydroponic agricultural systems is expected to rise significantly after the devastating coronavirus pandemic. During the early stages of the pandemic, the agriculture sector encountered significant challenges. There were severe labor shortages on farms, some farmers missed their window of opportunity to harvest seasonal crops, agricultural product prices were falling, and logistics were disrupted.
United Kingdom Hydroponics Market – By Input
On the basis of input, United Kingdom hydroponics market is divided into Nutrient and Growth Media segments. During the forecast period, the nutrient segment is expected to record growth at a faster rate in the United Kingdom hydroponics market by input. Because hydroponic crops grow without soil, the need for peripheral nutrients is extremely high for hydroponic-based crops. With the increasing use of soilless growing techniques in hydroponics, most crops are grown directly in the nutrient medium with the roots. This causes an increase in the need for nutrients in this business.
Competitive Landscape
There is high competition in the United Kingdom hydroponics market. Major companies in the market include GrowUp Urban Farms Ltd., Jones Food Company, HydroGarden Wholesale Supplies Ltd., Indoor Harvest Corp., Pegasus Agriculture Group, Agricen, BrightFarms, Freight Farms, Green Sense Farms, and AeroFarms. The companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in United Kingdom hydroponics market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of United Kingdom Hydroponics Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in United Kingdom Hydroponics Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
200 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Technology Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Europe Insurance Brokerage Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing demand for insurance products due to the rise in risk factors
- 3.2.1.2. Technological advancements in the insurance industry
- 3.2.1.3. Growing awareness among consumers about the benefits of insurance policies
- 3.2.2. Restraints
- 3.2.2.1. Intense competition in the insurance brokerage market
- 3.2.2.2. Lack of transparency in insurance policies and complex regulatory requirements
- 3.2.3. Opportunities
- 3.2.3.1. The rise of Insurtech startups and their potential to disrupt the traditional insurance brokerage market
- 3.2.3.2. Increasing demand for corporate insurance policies
- 3.2.4. Challenges
- 3.2.4.1. Managing risk associated with insuring emerging industries and technologies
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Europe Insurance Brokerage Market Overview
- 4.1. Market Size & Forecast, 2019–2029
- 4.1.1. By Value (USD Million)
- 4.1.2. Market Share and Forecast
- 4.1.3. By Type
- 4.1.3.1. General Insurance
- 4.1.3.2. Life Insurance
- 4.1.3.3. Health Insurance
- 4.1.3.4. Others
- 4.1.4. By Mode
- 4.1.4.1. Online
- 4.1.4.2. Offline
- 4.1.5. By Commission
- 4.1.5.1. Policy Basis
- 4.1.5.2. Premium Basis
- 4.1.5.3. Fixed
- 4.1.6. By Country
- 4.1.6.1. Germany
- 4.1.6.2. United Kingdom
- 4.1.6.3. Italy
- 4.1.6.4. France
- 4.1.6.5. Spain
- 4.1.6.6. Belgium
- 4.1.6.7. Russia
- 4.1.6.8. Netherlands
- 4.1.6.9. Rest of Europe
- 5. Germany Insurance Brokerage Market Overview
- 5.1. Market Size & Forecast, 2019–2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.2. By Mode
- 5.2.3. By Commission
- 6. United Kingdom Insurance Brokerage Market Overview
- 6.1. Market Size & Forecast, 2019–2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Mode
- 6.2.3. By Commission
- 7. Italy Insurance Brokerage Market Overview
- 7.1. Market Size & Forecast, 2019–2029
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Mode
- 7.2.3. By Commission
- 8. France Insurance Brokerage Market Overview
- 8.1. Market Size & Forecast, 2019–2029
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Mode
- 8.2.3. By Commission
- 9. Spain Insurance Brokerage Market Overview
- 9.1. Market Size & Forecast, 2019–2029
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Mode
- 9.2.3. By Commission
- 10. Belgium Insurance Brokerage Market Overview
- 10.1. Market Size & Forecast, 2019–2029
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Mode
- 10.2.3. By Commission
- 11. Russia Insurance Brokerage Market Overview
- 11.1. Market Size & Forecast, 2019–2029
- 11.1.1. By Value (USD Million)
- 11.2. Market Share & Forecast
- 11.2.1. By Type
- 11.2.2. By Mode
- 11.2.3. By Commission
- 12. Netherlands Insurance Brokerage Market Overview
- 12.1. Market Size & Forecast, 2019–2029
- 12.1.1. By Value (USD Million)
- 12.2. Market Share & Forecast
- 12.2.1. By Type
- 12.2.2. By Mode
- 12.2.3. By Commission
- 13. Rest of Europe Insurance Brokerage Market Overview
- 13.1. Market Size & Forecast, 2019–2029
- 13.1.1. By Value (USD Million)
- 13.2. Market Share & Forecast
- 13.2.1. By Type
- 13.2.2. By Mode
- 13.2.3. By Commission
- 14. Competitive Landscape
- 14.1. List of Key Players and Their Offerings
- 14.2. Europe Insurance Brokerage Market Share Analysis, 2022
- 14.3. Competitive Benchmarking, By Operating Parameters
- 14.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 15. Impact of Covid-19 on Europe Insurance Brokerage Market
- 16. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 16.1. Marsh & McLennan Companies
- 16.2. Aon plc
- 16.3. Willis Towers Watson
- 16.4. Howden Group Holdings
- 16.5. BMS Group Limited
- 16.6. Arthur J. Gallagher & Co.
- 16.7. Lockton Companies, Inc.
- 16.8. JLT Group
- 16.9. RFIB Group Limited
- 16.10. UIB Holdings (UK) Limited
- 16.11. Ecclesiastical Insurance Office plc
- 16.12. Miller Insurance Services LLP
- 16.13. Oval Insurance Broking Limited
- 16.14. Towergate Insurance Brokers
- 16.15. Bluefin Insurance Services Limited
- 16.16. Other Prominent Players
- 17. Key Strategic Recommendations
- 18. Research Methodology
- 18.1. Qualitative Research
- 18.1.1. Primary & Secondary Research
- 18.2. Quantitative Research
- 18.3. Market Breakdown & Data Triangulation
- 18.3.1. Secondary Research
- 18.3.2. Primary Research
- 18.4. Breakdown of Primary Research Respondents, By Region
- 18.5. Assumptions & Limitations
- *Financial information in case of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
- List of Figures
- Figure 1 Europe Insurance Brokerage Segmentation
- Figure 2 Europe Insurance Brokerage Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 Europe Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Figure 5 Europe Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Figure 6 Europe Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Figure 7 Europe Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Figure 8 Germany Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Figure 9 Germany Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Figure 10 Germany Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Figure 11 Germany Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Figure 12 United Kingdom Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Figure 13 United Kingdom Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Figure 14 United Kingdom Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Figure 15 United Kingdom Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Figure 16 Italy Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Figure 17 Italy Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Figure 18 Italy Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Figure 19 Italy Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Figure 20 France Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Figure 21 France Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Figure 22 France Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Figure 23 France Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Figure 24 Spain Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Figure 25 Spain Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Figure 26 Spain Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Figure 27 Spain Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Figure 28 Belgium Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Figure 29 Belgium Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Figure 30 Belgium Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Figure 31 Belgium Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Figure 32 Russia Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Figure 33 Russia Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Figure 34 Russia Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Figure 35 Russia Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Figure 36 Netherlands Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Figure 37 Netherlands Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Figure 38 Netherlands Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Figure 39 Netherlands Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Figure 40 Rest of Europe Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Figure 41 Rest of Europe Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Figure 42 Rest of Europe Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Figure 43 Rest of Europe Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- List of Tables
- Table 1 Europe Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Table 2 Europe Insurance Brokerage Market Size, By Type, By Value, 2019–2029
- Table 3 Europe Insurance Brokerage Market Size, By Mode, By Value, 2019–2029
- Table 4 Europe Insurance Brokerage Market Size, By Commission, By Value, 2019–2029
- Table 5 Germany Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Table 6 Germany Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Table 7 Germany Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Table 8 Germany Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Table 9 United Kingdom Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Table 10 United Kingdom Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Table 11 United Kingdom Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Table 12 United Kingdom Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Table 13 Italy Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Table 14 Italy Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Table 15 Italy Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Table 16 Italy Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Table 17 France Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Table 18 France Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Table 19 France Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Table 20 France Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Table 21 Spain Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Table 22 Spain Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Table 23 Spain Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Table 24 Spain Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Table 25 Belgium Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Table 26 Belgium Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Table 27 Belgium Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Table 28 Belgium Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Table 29 Russia Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Table 30 Russia Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Table 31 Russia Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Table 32 Russia Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Table 33 Netherlands Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Table 34 Netherlands Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Table 35 Netherlands Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Table 36 Netherlands Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Table 37 Rest of Europe Insurance Brokerage Market Size, By Value (USD Million), 2019–2029
- Table 38 Rest of Europe Insurance Brokerage Market Share, By Type, By Value, 2019–2029
- Table 39 Rest of Europe Insurance Brokerage Market Share, By Mode, By Value, 2019–2029
- Table 40 Rest of Europe Insurance Brokerage Market Share, By Commission, By Value, 2019–2029
- Table 41 Marsh & McLennan Companies Company Overview
- Table 42 Marsh & McLennan Companies Financial Overview
- Table 43 Aon plc Company Overview
- Table 44 Aon plc Financial Overview
- Table 45 Willis Towers Watson Company Overview
- Table 46 Willis Towers Watson Financial Overview
- Table 47 Howden Group Holdings Company Overview
- Table 48 Howden Group Holdings Financial Overview
- Table 49 BMS Group Limited Company Overview
- Table 50 BMS Group Limited Financial Overview
- Table 51 Arthur J. Gallagher & Co. Company Overview
- Table 52 Arthur J. Gallagher & Co. Financial Overview
- Table 53 Lockton Companies, Inc. Company Overview
- Table 54 Lockton Companies, Inc. Financial Overview
- Table 55 JLT Group Company Overview
- Table 56 JLT Group Financial Overview
- Table 57 RFIB Group Limited Company Overview
- Table 58 RFIB Group Limited Financial Overview
- Table 59 UIB Holdings (UK) Limited Company Overview
- Table 60 UIB Holdings (UK) Limited Financial Overview
- Table 61 Ecclesiastical Insurance Office plc Company Overview
- Table 62 Ecclesiastical Insurance Office plc Financial Overview
- Table 63 Miller Insurance Services LLP Company Overview
- Table 64 Miller Insurance Services LLP Financial Overview
- Table 65 Oval Insurance Broking Limited Company Overview
- Table 66 Oval Insurance Broking Limited Financial Overview
- Table 67 Towergate Insurance Brokers Company Overview
- Table 68 Towergate Insurance Brokers Financial Overview
- Table 69 Bluefin Insurance Services Limited Company Overview
- Table 70 Bluefin Insurance Services Limited Financial Overview
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