Hydroponics - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Hydroponics Market is accounted for $8.33 billion in 2019 and is expected to reach $23.92 billion by 2027 growing at a CAGR of 14.1% during the forecast period. Some of the key factors propelling the market growth include increasing awareness about health benefits, changing preferences of people for hydroponics as profit farming, rising disposable income, increasing consumer buying power, rapid urbanization, and change in taste and preferences of food and beverages among consumers coupled with changing eating pattern. However, high capital investment for large-scale farms is identified as key factor hindering the market growth.
Hydroponics is basically a soil-less gardening method which involves growing healthy plants using a nutrient like a mineral rich water solution. The complete process of hydroponics requires only nutrients, water, and sunlight to let plants grow a lot better with their roots in water. Hydroponics process do not use soil, instead use an inert medium such as rockwool, perlite, peat moss, vermiculite, clay pellets, and many others. Growing crops with hydroponics process have many advantages such as increased rate of growth of plants.
By type, the aggregate systems segment is anticipated to have considerable growth during the forecast period, owing to its widespread popularity among all the indoor hydroponic farmers due to its ease of setup and inexpensiveness. In such systems, an inert and solid media such as peat, rock wool, vermiculite, sand, sawdust, perlite, or coconut coir provides support for the plants. The primary technologies in aggregate systems include drip systems, ebb and flow system, and wick systems. Out of these, the ebb and flow is the most common mode of an aggregate system that is preferred as it is easy and economically cheap to build.
On the basis of geography, Europe region is expected to witness significant growth during the forecast period, owing to the high adoption of hydroponics driven by rapid industrialization and scarcity of land. Europe has traditionally been at the forefront of implementing advanced techniques in hydroponic smart greenhouse horticulture. Countries such as the Netherlands, Spain, and France have large areas under greenhouse cultivation. However, in the Netherlands, the growers mostly cultivate their plants in simple tunnel-like greenhouses without the use of climate control technologies. Advancement in greenhouse farming has supported the growth of hydroponics in Europe.
Some of the key players in Hydroponics Market include American Hydroponics, Heliospectra AB, Green Sense Holdings, Emerald Harvest, Logiqs B.V, LumiGrow, Signify Holdings, AeroFarms, Hydroponic Systems International, Scotts Miracle Gro, Village Farms, Argus Control Systems Limited, Terra Tech Corp, Hydroponic Farms, Triton Foodworks Ltd., and Koninklijke Philips NV.
Equipments Covered:
• Material Handling
• Control Systems
• LED Grow Lights
• Irrigation Systems
• Heating, Ventilation, and Air Conditioning (HVAC)
• Communication Technology
• Growing Chamber
• Delivery System
• Reservoir
• Pump & Tubing
• Growing Supplies
• Accessories
Types Covered:
• Liquid Systems
• Aggregate Systems
Crop Types Covered:
• Vegetables
• Medical Marijuana
• Herbs & Greens
• Flowering and Foliage
• Fruits
Input Types Covered:
• Grow Media
• Nutrients
Solutions Covered:
• In Organic
• Natural & Organic
Farming Types Covered:
• Indoor Farming
• Outdoor Farming
Distribution Channels Covered:
• Offline
• B2B
• B2C
Crop Areas Covered:
• Upto 1000 Square Feet
• 1000-5000 Square Feet
• 5001-10000 Square Feet
• 10000-50000 Square Feet
• Above 50000 Square Feet
Applications Covered:
• Academic
• Commercial
• Family
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
France
Italy
UK
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Hydroponics Market, By Equipment
- 5.1 Introduction
- 5.2 Material Handling
- 5.3 Control Systems
- 5.4 LED Grow Lights
- 5.5 Irrigation Systems
- 5.6 Heating, Ventilation, and Air Conditioning (HVAC)
- 5.7 Communication Technology
- 5.8 Growing Chamber
- 5.9 Delivery System
- 5.10 Reservoir
- 5.11 Pump & Tubing
- 5.11.1 Submersible Pump
- 5.12 Growing Supplies
- 5.13 Accessories
- 6 Global Hydroponics Market, By Type
- 6.1 Introduction
- 6.2 Liquid Systems
- 6.2.1 Aeroponics
- 6.2.2 Nutrient Film Technique
- 6.2.3 Deep Water Culture
- 6.2.4 Floating Hydroponics
- 6.2.5 Aquaponics
- 6.2.6 Media Filled Growbeds (MFG)
- 6.3 Aggregate Systems
- 6.3.1 Open Systems
- 6.3.1.1 Ebb & Flow/Flood & Drain System
- 6.3.1.2 Drip Systems
- 6.3.1.3 Wick Systems
- 6.3.2 Closed Systems
- 7 Global Hydroponics Market, By Crop Type
- 7.1 Introduction
- 7.2 Vegetables
- 7.2.1 Cucumber
- 7.2.2 Tomato
- 7.2.3 Peppers
- 7.2.4 Kohlrabi
- 7.2.5 Radish
- 7.2.6 Cabbages
- 7.2.7 Potatoes and Other Root Crops
- 7.3 Medical Marijuana
- 7.4 Herbs & Greens
- 7.4.1 Parsley
- 7.4.2 Spinach
- 7.4.3 Mint
- 7.4.4 Basil
- 7.4.5 Arugula
- 7.4.6 Lettuce
- 7.4.7 Cilantro
- 7.4.8 Microgreens
- 7.5 Flowering and Foliage
- 7.6 Fruits
- 7.6.1 Blueberry
- 7.6.2 Cantaloupe
- 7.6.3 Strawberry
- 7.6.4 Watermelons
- 7.6.5 Grapes
- 8 Global Hydroponics Market, By Input Type
- 8.1 Introduction
- 8.2 Grow Media
- 8.2.1 Perlite & Vermiculite
- 8.2.2 Rockwool
- 8.2.3 Coco Fiber
- 8.2.4 Clay
- 8.2.5 Grow Rocks
- 8.3 Nutrients
- 8.3.1 Trace Minerals
- 8.3.2 Nitrogen-Phosphorus-Potassium (NPK)
- 9 Global Hydroponics Market, By Solution
- 9.1 Introduction
- 9.2 In Organic
- 9.2.1 Macronutrients
- 9.2.2 Micronutrients
- 9.3 Natural & Organic
- 9.3.1 Dried Locust or Grasshopper
- 9.3.2 Animal Manure
- 9.3.3 Fish Meal
- 9.3.4 Bone Meal
- 9.3.5 Hoof / Horn Meal
- 9.3.6 Cottonseed Meal
- 9.3.7 blood Meal
- 10 Global Hydroponics Market, By Farming Type
- 10.1 Introduction
- 10.2 Indoor Farming
- 10.3 Outdoor Farming
- 11 Global Hydroponics Market, By Distribution Channel
- 11.1 Introduction
- 11.2 Offline
- 11.3 B2B
- 11.4 B2C
- 11.4.1 Bulk Suppliers & Distributors
- 11.4.2 Online Retailers
- 11.4.3 Whole Food and Specialty Stores
- 11.4.4 Grocery Stores
- 11.4.5 Modern Trade (Hypermarket/Supermarket)
- 11.4.6 Unorganized Small Stores
- 12 Global Hydroponics Market, By Crop Area
- 12.1 Introduction
- 12.2 Upto 1000 Square Feet
- 12.3 1000-5000 Square Feet
- 12.4 5001-10000 Square Feet
- 12.5 10000-50000 Square Feet
- 12.6 Above 50000 Square Feet
- 13 Global Hydroponics Market, By Application
- 13.1 Introduction
- 13.2 Academic
- 13.3 Commercial
- 13.4 Family
- 14 Global Hydroponics Market, By Geography
- 14.1 Introduction
- 14.2 North America
- 14.2.1 US
- 14.2.2 Canada
- 14.2.3 Mexico
- 14.3 Europe
- 14.3.1 Germany
- 14.3.2 UK
- 14.3.3 Italy
- 14.3.4 France
- 14.3.5 Spain
- 14.3.6 Rest of Europe
- 14.4 Asia Pacific
- 14.4.1 Japan
- 14.4.2 China
- 14.4.3 India
- 14.4.4 Australia
- 14.4.5 New Zealand
- 14.4.6 South Korea
- 14.4.7 Rest of Asia Pacific
- 14.5 South America
- 14.5.1 Argentina
- 14.5.2 Brazil
- 14.5.3 Chile
- 14.5.4 Rest of South America
- 14.6 Middle East & Africa
- 14.6.1 Saudi Arabia
- 14.6.2 UAE
- 14.6.3 Qatar
- 14.6.4 South Africa
- 14.6.5 Rest of Middle East & Africa
- 15 Key Developments
- 15.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 15.2 Acquisitions & Mergers
- 15.3 New Product Launch
- 15.4 Expansions
- 15.5 Other Key Strategies
- 16 Company Profiling
- 16.1 American Hydroponics
- 16.2 Heliospectra AB
- 16.3 Green Sense Holdings
- 16.4 Emerald Harvest
- 16.5 Logiqs B.V
- 16.6 LumiGrow
- 16.7 Signify Holdings
- 16.8 AeroFarms
- 16.9 Hydroponic Systems International
- 16.10 Scotts Miracle Gro
- 16.11 Village Farms
- 16.12 Argus Control Systems Limited
- 16.13 Terra Tech Corp
- 16.14 Hydroponic Farms
- 16.15 Triton Foodworks Ltd.
- 16.16 Koninklijke Philips NV
- List of Tables
- Table 1 Global Hydroponics Market Outlook, By Region (2018-2027) ($MN)
- Table 2 Global Hydroponics Market Outlook, By Equipment (2018-2027) ($MN)
- Table 3 Global Hydroponics Market Outlook, By Material Handling (2018-2027) ($MN)
- Table 4 Global Hydroponics Market Outlook, By Control Systems (2018-2027) ($MN)
- Table 5 Global Hydroponics Market Outlook, By LED Grow Lights (2018-2027) ($MN)
- Table 6 Global Hydroponics Market Outlook, By Irrigation Systems (2018-2027) ($MN)
- Table 7 Global Hydroponics Market Outlook, By Heating, Ventilation, and Air Conditioning (HVAC) (2018-2027) ($MN)
- Table 8 Global Hydroponics Market Outlook, By Communication Technology (2018-2027) ($MN)
- Table 9 Global Hydroponics Market Outlook, By Growing Chamber (2018-2027) ($MN)
- Table 10 Global Hydroponics Market Outlook, By Delivery System (2018-2027) ($MN)
- Table 11 Global Hydroponics Market Outlook, By Reservoir (2018-2027) ($MN)
- Table 12 Global Hydroponics Market Outlook, By Pump & Tubing (2018-2027) ($MN)
- Table 13 Global Hydroponics Market Outlook, By Submersible Pump (2018-2027) ($MN)
- Table 14 Global Hydroponics Market Outlook, By Growing Supplies (2018-2027) ($MN)
- Table 15 Global Hydroponics Market Outlook, By Accessories (2018-2027) ($MN)
- Table 16 Global Hydroponics Market Outlook, By Type (2018-2027) ($MN)
- Table 17 Global Hydroponics Market Outlook, By Liquid Systems (2018-2027) ($MN)
- Table 18 Global Hydroponics Market Outlook, By Aeroponics (2018-2027) ($MN)
- Table 19 Global Hydroponics Market Outlook, By Nutrient Film Technique (2018-2027) ($MN)
- Table 20 Global Hydroponics Market Outlook, By Deep Water Culture (2018-2027) ($MN)
- Table 21 Global Hydroponics Market Outlook, By Floating Hydroponics (2018-2027) ($MN)
- Table 22 Global Hydroponics Market Outlook, By Aquaponics (2018-2027) ($MN)
- Table 23 Global Hydroponics Market Outlook, By Media Filled Growbeds (MFG) (2018-2027) ($MN)
- Table 24 Global Hydroponics Market Outlook, By Aggregate Systems (2018-2027) ($MN)
- Table 25 Global Hydroponics Market Outlook, By Open Systems (2018-2027) ($MN)
- Table 26 Global Hydroponics Market Outlook, By Closed Systems (2018-2027) ($MN)
- Table 27 Global Hydroponics Market Outlook, By Crop Type (2018-2027) ($MN)
- Table 28 Global Hydroponics Market Outlook, By Vegetables (2018-2027) ($MN)
- Table 29 Global Hydroponics Market Outlook, By Cucumber (2018-2027) ($MN)
- Table 30 Global Hydroponics Market Outlook, By Tomato (2018-2027) ($MN)
- Table 31 Global Hydroponics Market Outlook, By Peppers (2018-2027) ($MN)
- Table 32 Global Hydroponics Market Outlook, By Kohlrabi (2018-2027) ($MN)
- Table 33 Global Hydroponics Market Outlook, By Radish (2018-2027) ($MN)
- Table 34 Global Hydroponics Market Outlook, By Cabbages (2018-2027) ($MN)
- Table 35 Global Hydroponics Market Outlook, By Potatoes and Other Root Crops (2018-2027) ($MN)
- Table 36 Global Hydroponics Market Outlook, By Medical Marijuana (2018-2027) ($MN)
- Table 37 Global Hydroponics Market Outlook, By Herbs & Greens (2018-2027) ($MN)
- Table 38 Global Hydroponics Market Outlook, By Parsley (2018-2027) ($MN)
- Table 39 Global Hydroponics Market Outlook, By Spinach (2018-2027) ($MN)
- Table 40 Global Hydroponics Market Outlook, By Mint (2018-2027) ($MN)
- Table 41 Global Hydroponics Market Outlook, By Basil (2018-2027) ($MN)
- Table 42 Global Hydroponics Market Outlook, By Arugula (2018-2027) ($MN)
- Table 43 Global Hydroponics Market Outlook, By Lettuce (2018-2027) ($MN)
- Table 44 Global Hydroponics Market Outlook, By Cilantro (2018-2027) ($MN)
- Table 45 Global Hydroponics Market Outlook, By Microgreens (2018-2027) ($MN)
- Table 46 Global Hydroponics Market Outlook, By Flowering and Foliage (2018-2027) ($MN)
- Table 47 Global Hydroponics Market Outlook, By Fruits (2018-2027) ($MN)
- Table 48 Global Hydroponics Market Outlook, By Blueberry (2018-2027) ($MN)
- Table 49 Global Hydroponics Market Outlook, By Cantaloupe (2018-2027) ($MN)
- Table 50 Global Hydroponics Market Outlook, By Strawberry (2018-2027) ($MN)
- Table 51 Global Hydroponics Market Outlook, By Watermelons (2018-2027) ($MN)
- Table 52 Global Hydroponics Market Outlook, By Grapes (2018-2027) ($MN)
- Table 53 Global Hydroponics Market Outlook, By Input Type (2018-2027) ($MN)
- Table 54 Global Hydroponics Market Outlook, By Grow Media (2018-2027) ($MN)
- Table 55 Global Hydroponics Market Outlook, By Perlite & Vermiculite (2018-2027) ($MN)
- Table 56 Global Hydroponics Market Outlook, By Rockwool (2018-2027) ($MN)
- Table 57 Global Hydroponics Market Outlook, By Coco Fiber (2018-2027) ($MN)
- Table 58 Global Hydroponics Market Outlook, By Clay (2018-2027) ($MN)
- Table 59 Global Hydroponics Market Outlook, By Grow Rocks (2018-2027) ($MN)
- Table 60 Global Hydroponics Market Outlook, By Nutrients (2018-2027) ($MN)
- Table 61 Global Hydroponics Market Outlook, By Trace Minerals (2018-2027) ($MN)
- Table 62 Global Hydroponics Market Outlook, By Nitrogen-Phosphorus-Potassium (NPK) (2018-2027) ($MN)
- Table 63 Global Hydroponics Market Outlook, By Solution (2018-2027) ($MN)
- Table 64 Global Hydroponics Market Outlook, By In Organic (2018-2027) ($MN)
- Table 65 Global Hydroponics Market Outlook, By Macronutrients (2018-2027) ($MN)
- Table 66 Global Hydroponics Market Outlook, By Micronutrients (2018-2027) ($MN)
- Table 67 Global Hydroponics Market Outlook, By Natural & Organic (2018-2027) ($MN)
- Table 68 Global Hydroponics Market Outlook, By Dried Locust or Grasshopper (2018-2027) ($MN)
- Table 69 Global Hydroponics Market Outlook, By Animal Manure (2018-2027) ($MN)
- Table 70 Global Hydroponics Market Outlook, By Fish Meal (2018-2027) ($MN)
- Table 71 Global Hydroponics Market Outlook, By Bone Meal (2018-2027) ($MN)
- Table 72 Global Hydroponics Market Outlook, By Hoof / Horn Meal (2018-2027) ($MN)
- Table 73 Global Hydroponics Market Outlook, By Cottonseed Meal (2018-2027) ($MN)
- Table 74 Global Hydroponics Market Outlook, By blood Meal (2018-2027) ($MN)
- Table 75 Global Hydroponics Market Outlook, By Farming Type (2018-2027) ($MN)
- Table 76 Global Hydroponics Market Outlook, By Indoor Farming (2018-2027) ($MN)
- Table 77 Global Hydroponics Market Outlook, By Outdoor Farming (2018-2027) ($MN)
- Table 78 Global Hydroponics Market Outlook, By Distribution Channel (2018-2027) ($MN)
- Table 79 Global Hydroponics Market Outlook, By Offline (2018-2027) ($MN)
- Table 80 Global Hydroponics Market Outlook, By B2B (2018-2027) ($MN)
- Table 81 Global Hydroponics Market Outlook, By B2C (2018-2027) ($MN)
- Table 82 Global Hydroponics Market Outlook, By Bulk Suppliers & Distributors (2018-2027) ($MN)
- Table 83 Global Hydroponics Market Outlook, By Online Retailers (2018-2027) ($MN)
- Table 84 Global Hydroponics Market Outlook, By Whole Food and Specialty Stores (2018-2027) ($MN)
- Table 85 Global Hydroponics Market Outlook, By Grocery Stores (2018-2027) ($MN)
- Table 86 Global Hydroponics Market Outlook, By Modern Trade (Hypermarket/Supermarket) (2018-2027) ($MN)
- Table 87 Global Hydroponics Market Outlook, By Unorganized Small Stores (2018-2027) ($MN)
- Table 88 Global Hydroponics Market Outlook, By Crop Area (2018-2027) ($MN)
- Table 89 Global Hydroponics Market Outlook, By Upto 1000 Square Feet (2018-2027) ($MN)
- Table 90 Global Hydroponics Market Outlook, By 1000-5000 Square Feet (2018-2027) ($MN)
- Table 91 Global Hydroponics Market Outlook, By 5001-10000 Square Feet (2018-2027) ($MN)
- Table 92 Global Hydroponics Market Outlook, By 10000-50000 Square Feet (2018-2027) ($MN)
- Table 93 Global Hydroponics Market Outlook, By Above 50000 Square Feet (2018-2027) ($MN)
- Table 94 Global Hydroponics Market Outlook, By Application (2018-2027) ($MN)
- Table 95 Global Hydroponics Market Outlook, By Academic (2018-2027) ($MN)
- Table 96 Global Hydroponics Market Outlook, By Commercial (2018-2027) ($MN)
- Table 97 Global Hydroponics Market Outlook, By Family (2018-2027) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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