The global Hydroponic Market was valued at USD 8.2 billion in 2018 and is expected to reach USD 16.9 billion in 2026, growing at a CAGR of 11.7% during the forecast period. The growth of the Hydroponic market is primarily driven by the increasing Food Demand and Security and hydroponics systems Help Conserve Natural Resources.
Hydroponic Market Size is Anticipated to Grow at a CAGR of 11.7% by 2026
Hydroponic Market Size Worth USD
16.9 billion in 2026
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market-segment-analysis-opportunity-assessment-competitive-
intelligence-industry-outlook-2016-2026
HYDROPON
IC MARKET
OVERVIEW
The global Hydroponic market was valued
at USD 8.2 billion in 2018 and is expected
to reach USD 16.9 billion in 2026, growing
at a CAGR of 11.7% during the forecast
period.
Hydroponics is referred to as a subset of
hydroculture, one of the world's fastest-
growing soil-less farming practices using
mineral nutrient alternatives in soil-free
water. The growth of the hydroponic
market is primarily driven by the
increasing food demand and security and
helps in conserving natural resources are
the key factors driving the growth of this
market.
Segmentation of the Report
The research report categorizes the Hydroponic Market to forecast the revenues and
analyze the trends in each of the following subsegments:
By Type
• Aggregate Systems
• Liquid Systems
By Equipment
• HVAC
• Led Grow Light
• Irrigation Systems
• Other Systems
By Application
• Vegetables
• Fruits
• Flowers
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A new study on the global Hydroponic market has
been published by AllTheResearch (ATR). It offers
detailed information on key market dynamics,
including drivers, trends, and challenges for the global
Hydroponic market as well as its structure. The
study offers valuable information on the global
Hydroponic Hydroponic market to illustrate how the market is
expected to expand during the forecast period i.e.
Market 2020–2026.
Summery Key indicators of market growth, which include value
chain analysis and Compound Annual Growth Rate
(CAGR) have been elucidated in the Hydroponic
market report in a comprehensive manner. This data
can help readers interpret the quantitative growth
aspects of the global Hydroponic Market.
Hydroponic Market: Key Vendors
Major Players in Hydroponic Market are:
Aerofarms (US), Terra Tech Corp (US), Hydroponic Farms (UAE),
Triton Foodworks Ltd. (India), Urban cultivator (Canada), Village
Farms (Canada), Green Sense Holdings (US) and among others.
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Major Regions Covered in
Report
Regional Overview & Analysis of Hydroponic Market:
North America (US and Canada)
Europe (UK, Germany, France and Rest of Europe)
Asia Pacific (China, Japan, India and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (GCC and Rest of Middle East & Africa)
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Key Highlights of Hydroponic
Market Report :
Overview of key market forces boosting and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition to offer you a competitive edge
Major competitors strategies analysis
SWOT analysis of major industry segments
Detailed analyses of Hydroponic market trends
An appropriately defined technological growth map with Covid19 impact analysis
A clear understanding of the competitive landscape and key product segments
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