Press release
Global Hydroponic Crop Farming Market is Register CAGR 18.2% Growth during 2018-2023 | Key Players – Bowery Inc, Metropolis Farms Inc, Lufa Farms, FreshBox Farms, Cropking Inc.
The global hydroponic crop farming market accounted for USD 3,489.7 Million in 2017. Further, the market is expected to reach to a valuation of USD 10,106.7 Million by the end of 2023. Moreover, it is anticipated to flourish at a CAGR of 18.2% during the forecast period i.e. 2018-2023. Increasing consumer demand for local foods is one of the key factors driving the growth of hydroponics crop farming market. Apart from this, private sector investment is envisioned to bolster the growth of the market in the upcoming years.
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The report begins with an overview for Hydroponic Crop Farming Market. The research report broadly covers analysis of key market drivers, challenges, opportunities and trends. The study also provides separate analysis to understand market size, projections and macroeconomic indicators of global regions that affects the market share. The report also offers an extensive coverage of various industry players along with their recent product launches and market activities. The report also goes through porter’s five analyses for getting a better understanding about the forces that shape competition within the industry. There is a timeline considered for useful analysis i.e. 2017 is considered as base year, 2018 as estimated year and 2019-2023 as forecasted year.
The market is divided into various segments and further sub-segments to drive the useful insights that can be utilized for company revenue growth and business. The Hydroponic Crop Farming Market is segmented on the basis of
By Crop
Lettuce
Microgreens
Medical Marijuana
Tomatoes
Herbs
Pepper
Cucumber
Others
By Farming Type
Indoor Farming
Outdoor Farming
By Sales
Hypermarket & Supermarket
Restaurant and Chefs
Grocery Stores
Bulk Suppliers & Distributors
Others
The research also does a separate geographical analysis that comprises both the region wise and country wise analysis. The geography covered in the report is North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe) , Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific) Latin America (Brazil, Mexico, Argentina and Rest of Latin America) and Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa). As per the report, Asia Pacific is likely to be the market giant in the upcoming years.
Considering the competition, the major vendors providing Hydroponic Crop Farming Market across the globe are –
- Bowery, Inc.
- Metropolis Farms, Inc.
- Lufa Farms
- FreshBox Farms
- Cropking Inc.
- Triton Foodworks
- Hydroherbs
- Evergreen Farm Oy
- GrowUp Urban Farms
- Urban Harvest
- Other Major & Niche Players
These vendors have adopted various types of organic and inorganic growth strategies, such as new product launches, business expansions, partnerships and collaborations, and mergers and acquisitions, to expand their offerings and further expand their presence in the Hydroponic Crop Farming Market.
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Table of Content
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Hydroponic Crop Farming Market
3. Hydroponic Crop Farming Market Trends
4. Opportunities in Hydroponic Crop Farming Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Hydroponic Crop Farming Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)
9. Hydroponic Crop Farming Market Segmentation Analysis, By Crop
9.1. Introduction
9.2. Market Attractiveness, By Crop
9.3. BPS Analysis, By Crop
9.4. Lettuce Market Size & Forecast (USD Million), 2017-2023
9.5. Microgreens Market Size & Forecast (USD Million), 2017-2023
9.6. Medical Marijuana Market Size & Forecast (USD Million), 2017-2023
9.7. Tomatoes Market Size & Forecast (USD Million), 2017-2023
9.8. Herbs Market Size & Forecast (USD Million), 2017-2023
9.9. Pepper Market Size & Forecast (USD Million), 2017-2023
9.10. Cucumber Market Size & Forecast (USD Million), 2017-2023
9.11. Others Market Size & Forecast (USD Million), 2017-2023
10. Hydroponic Crop Farming Market Segmentation Analysis, By Farming Type
10.1. Introduction
10.2. Market Attractiveness, By Farming Type
10.3. BPS Analysis, By Farming Type
10.4. Indoor Farming Market Size & Forecast (USD Million), 2017-2023
10.5. Outdoor Farming Market Size & Forecast (USD Million), 2017-2023
11. Hydroponic Crop Farming Market Segmentation Analysis, By Sales
11.1. Introduction
11.2. Market Attractiveness, By Sales
11.3. BPS Analysis, By Sales
11.4. Hypermarket & Supermarket Market Size & Forecast (USD Million), 2017-2023
11.5. Restaurant and Chefs Market Size & Forecast (USD Million), 2017-2023
11.6. Grocery Stores Market Size & Forecast (USD Million), 2017-2023
11.7. Bulk Suppliers & Distributors Market Size & Forecast (USD Million), 2017-2023
11.8. Others Market Size & Forecast (USD Million), 2017-2023
12. Geographical Analysis
12.1. Introduction
12.2. North America Market Size (USD Million), 2017-2023
12.2.1. By Crop
12.2.1.1. Introduction
12.2.1.2. Market Attractiveness, By Crop
12.2.1.3. BPS Analysis, By Crop
12.2.1.4. Lettuce Market Size & Forecast (USD Million), 2017-2023
12.2.1.5. Microgreens Market Size & Forecast (USD Million), 2017-2023
12.2.1.6. Medical Marijuana Market Size & Forecast (USD Million), 2017-2023
12.2.1.7. Tomatoes Market Size & Forecast (USD Million), 2017-2023
12.2.1.8. Herbs Market Size & Forecast (USD Million), 2017-2023
12.2.1.9. Pepper Market Size & Forecast (USD Million), 2017-2023
12.2.1.10. Cucumber Market Size & Forecast (USD Million), 2017-2023
12.2.1.11. Others Market Size & Forecast (USD Million), 2017-2023
12.2.2. By Farming Type
12.2.2.1. Introduction
12.2.2.2. Market Attractiveness, By Farming Type
12.2.2.3. BPS Analysis, By Farming Type
12.2.2.4. Indoor Farming Market Size & Forecast (USD Million), 2017-2023
12.2.2.5. Outdoor Farming Market Size & Forecast (USD Million), 2017-2023
12.2.3. By Sales
12.2.3.1. Introduction
12.2.3.2. Market Attractiveness, By Sales
12.2.3.3. BPS Analysis, By Sales
12.2.3.4. Hypermarket & Supermarket Market Size & Forecast (USD Million), 2017-2023
12.2.3.5. Restaurant and Chefs Market Size & Forecast (USD Million), 2017-2023
12.2.3.6. Grocery Stores Market Size & Forecast (USD Million), 2017-2023
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