Hydroponics Market Share | Global Industry Growth, Trend, Drivers, Challenges, Key Companies by 2027
The growth of the market is attributed to higher yield as compared to conventional agriculture practices and controlled environment farming with limited land resource
The global Hydroponics Market is projected to reach USD 8.64 billion by 2027, according to a recent report by Emergen Research. The expansion of the market is driven by higher yields compared to traditional agriculture strategies in restricted land and alternative resources, which has created a profound impact in demand. The hydroponics systems comprise of a mixture of multiple technologies and thus include a particular set of system model.
The Global Hydroponics Market Report, published by Emergen Research, comes with an exhaustive analysis of the major segments of the global Hydroponics market and estimates the overall market growth over the forecast timeline of 2020-2027. The latest research report can be viewed as a valuable source of viable data and information pertaining to this particular business vertical. It provides a complete overview of the Hydroponics industry, considering the future growth analysis, demand, and supply graphs, as well as historical and future costs and revenue generation.
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The pandemic has substantially contributed to the downturn of the Hydroponics industry, which has been left financially beleaguered since the beginning of the COVID-19 lockdown. Hence, the report highlights the financial obstacles that have slowed the progress of numerous businesses in this sector and disrupted the supply chains.
Geographical Terrain of the Global Hydroponics Market:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, France, the U.K, Russia, and Italy)
- Asia Pacific (China, Japan, Korea, India, and Southeast Asia)
- Latin America (Brazil, Argentina, Colombia, etc.)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Key Highlights From The Report
- The tank farming technique removes the chance of diseases that are caused by soil organisms. to boot, the hydroponically matured plants manufacture the next yield than similar plants grown in soil due to correct management over the nutrients
- HVAC plays a key role within the development of indoor growers, because the system is chargeable for cooling, dehumidification, and maintaining the optimum temperature within the ability. HVAC systems are mostly essential for the operation of aquacultural and aeroponic farms and may be reliable and well-controlled
- The necessities for growing vegetables inside during a aquacultural unit may be met with the assistance of grow lights, air ventilation, and recirculation systems, beside the correct nutrients for water. Hydroponically full-grown plants ar identified to retain their full alimental worth and ar equal or in sure cases superior to conventionally-grown vegetables.
The report draws focus on the present economic situations, with an emphasis on the item value, benefit, limit, generation, supply, and market development rate. Additionally, the report includes a SWOT analysis, venture return investigation, and speculation attainability investigation.
Taking into account the existing market development factors, historical events, and recent market trends, the study presents a balanced opinion on the future scenario of the global Hydroponics market. It thus supports its opinion by discussing the key corporate strategies, such as mergers & acquisitions, takeovers, joint ventures, and strategic alliances, used by the market players to strengthen their global footprint.
Key participants include AMHYDRO (U.S.), Argus Control Systems Limited (Canada), AeroFarms (U.S.), Green Sense Farms Holdings, Inc. (U.S.), Heliospectra AB (Sweden), Emirates Hydroponics Farms (UAE), LumiGrow (U.S.), Signify Holding (the Netherlands) Terra Tech Corp (U.S.) and Freight Farms (U.S.)
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Our analysts have performed an accurate examination of the various aspects of the global market leveraging avant-garde primary and secondary sources of data collection, along with other analytical tools like SWOT Analysis and Porter’s Five Forces Analysis. The report has gathered the necessary data and information from several reliable sources. Additionally, the report offers many strategic recommendations for companies involved in this ever-growing business sector to help them attain a competitive edge in the global Hydroponics market.
The latest research report specializes in the in-depth analysis of the macroeconomic and microeconomic factors affecting the global Hydroponics market development. The report also concentrates on the regulatory framework that is shaping the future of the global market. New and existing pricing structures, emerging application areas, and upcoming investment opportunities have also been detailed in the report.
For the purpose of this report, Emergen Research has segmented into the global Hydroponics Market on the basis of type movement, crop movement and region:
- Type Movement Outlook (Revenue, USD Billion; 2017-2027)
- Aggregate Systems
- Liquid Systems
- Crop Movement Outlook (Revenue, USD Billion; 2017-2027)
The latest report elaborates on the current COVID-19 impact on the global economy, as well as this specific business vertical, with an in-depth analysis of the present and future effects of the outbreak. Our analysts speculate that the Hydroponics market will regain traction in the post-COVID-19 market situation.
Analytical Tools Analysis: The report discusses the leading market participants and their market scope, leveraging various analytical tools. Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis, are some of the analytical tools used by researchers for this market study.
Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Hydroponics Market Segmentation & Impact Analysis
4.1. Hydroponics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
184.108.40.206. Rising government investments to leverage alternate farming technologies
220.127.116.11. Higher yields from hydroponic farms from a smaller land
4.2.3. Market restraints analysis
18.104.22.168. Lack of essential resources to adopt the entire process
22.214.171.124. Slower penetration in developing economies
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Hydroponics Market By Type Movement Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Type Movement Dynamics & Market Share, 2019 & 2027
5.1.1. Aggregate Systems
5.1.2. Liquid Systems
The report aims to answer the most common queries related to the global Hydroponics market:
- What is the scope of innovation in the current market landscape?
- What are the current trends dictating global market growth?
- What is the projected value of the market in 2027?
- Which regional market is expected to witness the highest CAGR during the forecast period?
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