Hydroponics Global Market Report 2024

Hydroponics Global Market Report 2024 – By Type (Aggregate Systems, Liquid Systems), By Farming (Indoor Farming, Outdoor Farming), By Crop Type (Vegetables, Fruits, Flowers) – Market Size, Trends, And Global Forecast 2024-2033

Name: Hydroponics Global Market Report 2024
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Hydroponics Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 200 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Hydroponics Market Definition

Hydroponics refers to a method of growing crops without using soil, replacing it with another material to support the plant's roots, and doing so in nutrient-rich water. Because plants are more closely spaced out in a hydroponic system than they would be on a plot of land to cultivate the same number of plants, hydroponic plants generate more fruits and vegetables.

The main types of hydroponics systems include aggregate systems and liquid systems. The aggregate system refers to a solid, and inert medium used to provide support growth of plants. Both open and closed aggregate systems are used based on dependence over-recovery or reuse of surplus amount of the solutions. They are used for indoor and outdoor farming of vegetables, fruits, and flowers.

Hydroponics Market Segmentation

The hydroponics market covered in this report is segmented –

1) By Type: Aggregate Systems, Liquid Systems

2) By Farming: Indoor Farming, Outdoor Farming

3) By Crop Type: Vegetables, Fruits, Flowers

Global Hydroponics Market Size 2023 to 2028: Graph

Hydroponics Market Size 2024 And Growth Rate

The hydroponics market size has grown rapidly in recent years. It will grow from $14.12 billion in 2023 to $15.69 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to resource efficiency, water conservation, land scarcity, urban agriculture, reduced dependency on soil quality, year-round production.

Hydroponics Market Growth Forecast

The hydroponics market size is expected to see rapid growth in the next few years. It will grow to $25.07 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to integration with sustainable practices, consumer demand for fresh produce, food security concerns, government support and incentives, educational and research initiatives. Major trends in the forecast period include smart farming technologies, vertical farming systems, nutrient film technique systems, sustainable and organic hydroponic practices, adoption of aeroponics technology.

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Hydroponics Market Driver: Rising Demand For Exotic Vegetables Fuels Growth In The Hydroponics Market

The growing demand for exotic vegetables is expected to propel the hydroponics market. Rapid growth in urban population among emerging economies, and the growing establishment of gourmet restaurants across the globe are contributing to rapid growth in consumption of exotic vegetables such as mushrooms, tangy kiwis, green olives, and fresh broccoli, dragon fruit, and others. The increasing demand for exotic vegetables is expected to boost demand for a hydroponic system, as the commercial farmers involved in this sector are investing in advanced plantation equipment such as hydroponics to reduce operational expenses and increase profits. For Instance, In September 2021, according to estimates of agro farming, the Indian exotic vegetable market is expected to increase from 332 million metric tons by 2020 to 432 million metric tons by 2026. Therefore, the increasing demand for exotic vegetables is expected to boost demand for hydroponics systems during the forecast period.

Hydroponics Market Driver: Organic Produce Demand Fuels Expansion Of Hydroponics Market

The rising demand for organic produce is expected to propel the growth of the hydroponics market going forward. Organic produce refers to agricultural products grown and processed without the use of synthetic chemicals, pesticides, or genetically modified organisms (GMOs), following strict standards to maintain natural and sustainable practices. Organic hydroponics utilizes soilless cultivation methods with organic-certified inputs and natural practices to grow produce while meeting organic standards. For instance, in May 2023, according to Australian Organic limited, an Australia-based food company, in Australia, there exists more than 53 million hectares of certified organic farmland, accounting for roughly 70% of the world's total organic land. The country boasts a total of 3,035 certified organic businesses actively operating, with 53% engaged in production, 45% in processing, and 2% involved in both aspects of the organic industry. Therefore, the rising demand for organic produce is driving the growth of the hydroponics market.

Global Hydroponics Market Major Players

Major companies operating in the hydroponics market report are The Scotts Miracle-Gro Company, Hydrofarm Holdings Group Inc., Village Farms International Inc., Freight Farms Inc., AeroFarms LLC, Crop One Holdings Inc., Bright Farms Inc., BioHarvest Sciences Inc., Urban Crop Solutions, Agrilution Systems GmbH, 3Dponics Inc., American Hydroponics, Illumitex Inc., Azuvia Inc., Back to the Roots, CityCrop Inc., Fresh Box Farms, General Hydroponics Inc., Green Spirit Horticulture, Grow Pura, IBIÒ Inc., Indoor Harvest Corporation, Modular Farms Inc., Pegasus Agritech Inc., Thanet Earth Limited, Evergreen Farm Oy, Green Sense Farms LLC, GreenTech Agro LLC, Heliospectra AB, LettUs Grow Ltd., Aessense Corporation, Agrivolution LLC, CropKing Inc, Valoya Inc.

Global Hydroponics Market Trend: Rising Technological Advancement Enhance The Hydroponics Market Growth

Technological advancement is a key trend gaining popularity in the hydroponics market. Major companies operating in the hydroponics market are focused on providing technologically-advanced solutions to meet end-customer demands and strengthen their market position. These companies are implementing next-generation hydroponics solutions and technologies into their services, such as nutrient film technique, Ebb and Flow System, wick system, communication technology, sensors, irrigation systems, automation, robotics, artificial intelligence system, machine learning, computer vision, and others to grow plants in small spaces. For instance, In November 2021, Iron Ox, a US-based robotics and artificial intelligence-based farming company launched Grover, an autonomous mobile robot to assist farmers with monitoring, watering, and harvesting a wide variety of crops. Through automation and computer vision, Grover autonomously navigates the need of plants related to sunlight, nutrition, and water.

Global Hydroponics Market Trend: Driving Agricultural Innovation For Enhanced Efficiency In Hydroponic Farming

Major companies operating in the hydroponics market are focusing on developing innovative product such as advanced hydroponic systems to meet evolving agricultural demands and sustainability goals. Advanced hydroponic systems encompass cutting-edge technologies and methodologies for optimizing plant growth in a controlled environment without soil. For instance, in November 2023, Oceansix Future Paths Ltd., an Israel-based environmental technology company, launched HydroQuick, an innovative system set to revolutionize the efficiency and sustainability of hydroponic farming. This state-of-the-art system aims to streamline the installation process for farmers, enhancing cost-effectiveness and environmental sustainability. Engineered for easy setup and upkeep, HydroQuick's intuitive design eliminates the necessity for extra tools, ensuring a seamless experience from assembly to maintenance.

Hydroponics Market Merger And Acquisition:

Cargill And AeroFarms Collaborate To Enhance Cocoa Bean Yields Through Climate-Resilient Farming Practices

In August 2021, Cargill, a US-based food and beverage manufacturing company, partnered with AeroFarms to improve cocoa bean yields by using more climate-resilient farming practices. With this partnership, these two firms will test various indoor growing technology such as aeroponics and hydroponics, light, carbon dioxide, irrigation, nutrition, plant space, and pruning to identify the best growth environment for cocoa trees. AeroFarms is a US-based farming company specialized in agriculture, aeroponics, hydroponics, leafy greens, clean technology, sustainable, vertical farming, and circular economy.

Regional Insights For The Global Hydroponics Market

Western Europe was the largest region in the hydroponics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydroponics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the hydroponics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The hydroponics market includes revenues earned by entities by wick systems, water culture systems, drip systems, and aeroponic systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The hydroponics market research report is one of a series of new reports from The Business Research Company that provides hydroponics market statistics, including hydroponics industry global market size, regional shares, competitors with a hydroponics market share, detailed hydroponics market segments, market trends and opportunities, and any further data you may need to thrive in the hydroponics industry. This hydroponics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Hydroponics Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$15.69 billion
Revenue Forecast In 2033	$25.07 billion
Growth Rate	CAGR of 12.4% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Aggregate Systems, Liquid Systems 2) By Farming: Indoor Farming, Outdoor Farming 3) By Crop Type: Vegetables, Fruits, Flowers
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	The Scotts Miracle-Gro Company; Hydrofarm Holdings Group Inc.; Village Farms International Inc.; Freight Farms Inc.; AeroFarms LLC; Crop One Holdings Inc.; Bright Farms Inc.; BioHarvest Sciences Inc.; Urban Crop Solutions; Agrilution Systems GmbH; 3Dponics Inc.; American Hydroponics; Illumitex Inc.; Azuvia Inc.; Back to the Roots; CityCrop Inc.; Fresh Box Farms; General Hydroponics Inc.; Green Spirit Horticulture; Grow Pura; IBIÒ Inc.; Indoor Harvest Corporation; Modular Farms Inc.; Pegasus Agritech Inc.; Thanet Earth Limited; Evergreen Farm Oy; Green Sense Farms LLC; GreenTech Agro LLC; Heliospectra AB; LettUs Grow Ltd.; Aessense Corporation; Agrivolution LLC ; CropKing Inc; Valoya Inc.
Customization Scope	Request for Sample
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1. Executive Summary

2. Hydroponics Market Characteristics

3. Hydroponics Market Trends And Strategies

4. Hydroponics Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Hydroponics Market Size and Growth

5.1. Global Hydroponics Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Hydroponics Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Hydroponics Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Hydroponics Market Segmentation

6.1. Global Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Aggregate Systems

Liquid Systems

6.2. Global Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Indoor Farming

Outdoor Farming

6.3. Global Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Vegetables

Fruits

Flowers

7. Hydroponics Market Regional And Country Analysis

7.1. Global Hydroponics Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Hydroponics Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Hydroponics Market

8.1. Asia-Pacific Hydroponics Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Hydroponics Market

9.1. China Hydroponics Market Overview

9.2. China Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Hydroponics Market

10.1. India Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Hydroponics Market

11.1. Japan Hydroponics Market Overview

11.2. Japan Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Hydroponics Market

12.1. Australia Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Hydroponics Market

13.1. Indonesia Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Hydroponics Market

14.1. South Korea Hydroponics Market Overview

14.2. South Korea Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Hydroponics Market

15.1. Western Europe Hydroponics Market Overview

15.2. Western Europe Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Hydroponics Market

16.1. UK Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Hydroponics Market

17.1. Germany Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Hydroponics Market

18.1. France Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Hydroponics Market

19.1. Italy Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Hydroponics Market

20.1. Spain Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Hydroponics Market

21.1. Eastern Europe Hydroponics Market Overview

21.2. Eastern Europe Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Hydroponics Market

22.1. Russia Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Hydroponics Market

23.1. North America Hydroponics Market Overview

23.2. North America Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Hydroponics Market

24.1. USA Hydroponics Market Overview

24.2. USA Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Hydroponics Market

25.1. Canada Hydroponics Market Overview

25.2. Canada Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Hydroponics Market

26.1. South America Hydroponics Market Overview

26.2. South America Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Hydroponics Market

27.1. Brazil Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Hydroponics Market

28.1. Middle East Hydroponics Market Overview

28.2. Middle East Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Hydroponics Market

29.1. Africa Hydroponics Market Overview

29.2. Africa Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Hydroponics Market Competitive Landscape And Company Profiles

30.1. Hydroponics Market Competitive Landscape

30.2. Hydroponics Market Company Profiles

30.2.1. The Scotts Miracle-Gro Company

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Hydrofarm Holdings Group Inc.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Village Farms International Inc.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Freight Farms Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. AeroFarms LLC

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Hydroponics Market Other Major And Innovative Companies

31.1. Crop One Holdings Inc.

31.2. Bright Farms Inc.

31.3. BioHarvest Sciences Inc.

31.4. Urban Crop Solutions

31.5. Agrilution Systems GmbH

31.6. 3Dponics Inc.

31.7. American Hydroponics

31.8. Illumitex Inc.

31.9. Azuvia Inc.

31.10. Back to the Roots

31.11. CityCrop Inc.

31.12. Fresh Box Farms

31.13. General Hydroponics Inc.

31.14. Green Spirit Horticulture

31.15. Grow Pura

32. Global Hydroponics Market Competitive Benchmarking

33. Global Hydroponics Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Hydroponics Market

35. Hydroponics Market Future Outlook and Potential Analysis

35.1 Hydroponics Market In 2028 - Countries Offering Most New Opportunities

35.2 Hydroponics Market In 2028 - Segments Offering Most New Opportunities

35.3 Hydroponics Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Hydroponics Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Hydroponics Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: The Scotts Miracle-Gro Company Financial Performance

Table 75: Hydrofarm Holdings Group Inc. Financial Performance

Table 76: Village Farms International Inc. Financial Performance

Table 77: Freight Farms Inc. Financial Performance

Table 78: AeroFarms LLC Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Hydroponics Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Hydroponics Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Hydroponics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Hydroponics Market, Segmentation By Farming, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Hydroponics Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: The Scotts Miracle-Gro Company Financial Performance

Figure 75: Hydrofarm Holdings Group Inc. Financial Performance

Figure 76: Village Farms International Inc. Financial Performance

Figure 77: Freight Farms Inc. Financial Performance

Figure 78: AeroFarms LLC Financial Performance

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Frequently Asked Questions

What is the definition of the hydroponics market?

How will the hydroponics market drivers and restraints affect the hydroponics market dynamics? What forces will shape the hydroponics industry going forward?

The hydroponics market major growth driver - rising demand for exotic vegetables fuels growth in the hydroponics market. For further insights on the hydroponics market, request a sample here

What is the forecast market size or the forecast market value of the hydroponics market ?

The hydroponics market size has grown rapidly in recent years. It will grow from $14.12 billion in 2023 to $15.69 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to resource efficiency, water conservation, land scarcity, urban agriculture, reduced dependency on soil quality, year-round production. The hydroponics market size is expected to see rapid growth in the next few years. It will grow to $25.07 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to integration with sustainable practices, consumer demand for fresh produce, food security concerns, government support and incentives, educational and research initiatives. Major trends in the forecast period include smart farming technologies, vertical farming systems, nutrient film technique systems, sustainable and organic hydroponic practices, adoption of aeroponics technology. For further insights on the hydroponics market, request a sample here

How is the hydroponics market segmented?

The hydroponics market is segmented
1) By Type: Aggregate Systems, Liquid Systems
2) By Farming: Indoor Farming, Outdoor Farming
3) By Crop Type: Vegetables, Fruits, FlowersFor further insights on the hydroponics market, request a sample here

Which region has the largest share of the hydroponics market? What are the other regions covered in the report?

Western Europe was the largest region in the hydroponics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydroponics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the hydroponics market, request a sample here.

Who are the major players in the hydroponics market?

What are the key trends in the hydroponics market?

Major trend in the hydroponics market - driving agricultural innovation for enhanced efficiency in hydroponic farming. For further insights on the hydroponics market, request a sample here.

What are the major opportunities in the hydroponics market? What are the strategies for the hydroponics market?

For detailed insights on the major opportunities and strategies in the hydroponics market, request a sample here.

How does the hydroponics market relate to the overall economy and other similar markets?

For detailed insights on hydroponics market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the hydroponics industry?

For detailed insights on the mergers and acquisitions in the hydroponics industry, request a sample here.

What are the key dynamics influencing the hydroponics market growth? SWOT analysis of the hydroponics market.

For detailed insights on the key dynamics influencing the hydroponics market growth and SWOT analysis of the hydroponics industry, request a sample here.