Hydroponics market is expected to thrive at a notable CAGR of more than 15% over the forecast period and top key players are The Hydroponics Company Limited,HydroGarden,Hanna Instruments, Inc.,CropKing,Phytoponics,General Hydroponics,Hydrofarm,Hyalite Aus
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.Market Size and Forecast
Hydroponics market is expected to thrive at a notable CAGR of more than 15% over the forecast period. In present, where the world is standing at risk of food & water scarcity, solutions such as hydroponics are expected to witness extraordinary demand in future due to their environmental benefits. The market of hydroponics is likely to grow on the back of its advantages over traditional methods of farming such as no use of pesticide and artificial nutrient, no need for soil, fast plant growth, easy methods and others. The market is segmented in five major regions including North America, Asia Pacific, Europe, Middle East & Africa and Latin America regions. Among these regions, North America and Europe grabbed lion shares of global hydroponics market in 2017 and is expected to maintain this lead over the forecast period owing to owing to rising demand for organically grown fruits and vegetables.
Request For Free Sample- https://www.kennethresearch.com/sample-request-10076227
Further, Asia Pacific and Latin America regions are showcasing significant potential for future growth of hydroponics market in this region. The rising demand for healthy food and higher yield as compared to traditional agricultural methods is anticipated to drive the growth of the Hydroponics Market in United States.Tomato segment by crop types is projected to capture major shares of market over the forecast period. Production of food products such as tomatoes, corianders, lettuce, capsicums and other vegetables through hydroponics for business purposes is more profitable and sustainable and this is a major factor that is expected to propel the growth of market in upcoming years.
Market Segmentation
Our in-depth analysis has segmented global hydroponics market into the following segments:
By Equipment
HVAC
Lighting
Irrigation Systems
Material Handling
Control Systems
Other Equipment
By System Type
Drip System
Ebb- Flow (Flood & Drain)
N.F.T. (Nutrient Film Technique)
Water Culture
Aeroponics
Wick System
By Crop Type
Tomato
Lettuce & Leafy Vegetables
Pepper
Potatoes and other root crops
Cucumber
Others (Strawberry, Mint and Herbs)
By Region
Global hydroponics market is further classified on the basis of region as follows:
North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis.
Buy Now- https://www.kennethresearch.com/report-purchase-id-10076227
Growth Drivers & Challenges
Hydroponics is profitable and sustainable agriculture method of growing plants without soil. With the help of proper nutrients, plants grow faster and healthier in a hydroponics system. Owing to hydroponics system’s environmental benefits, the governments are offering subsidy for hydroponics all over the globes. For instance, In India, government is promoting hydroponics through offering subsidy for growing fodder through hydroponics. Additionally, increasing government spending on food grown locally is also expected to foster the growth of global hydroponics market in upcoming years.
Apart from this, crops grow two times faster in hydroponic gardening and with hydroponics the same type of crop could get better yield compared to traditional agriculture methods. This is primarily due to shorter growth cycles of hydroponics in comparison to traditional agriculture. Further, high growth yields of hydroponics are also a key factor that is likely to drive the growth of market across all regions. The hydroponics also offers some environmental benefits as compared to traditional farming methods. Hydroponics uses 1/20th of water of traditional methods. This low water usage advantage of hydroponics is expected to emerge as a driving factor for the hydroponics market over the forecast period.
Apart from this, the arable land area worldwide is reducing at critical rate. Through hydroponics a person can make better use of space and location. Further, this space savings benefit of hydroponics is likely to boost the growth of market in future. Hydroponics is an efficient way to handle the world hunger crisis. Current world population of 7.3 billion is projected to grow to 8.5 billion by 2030, creating a need for greatly increased food production capacity. In addition to this, since 1998, food production costs have increased 57% and purchased input costs have increased 74%, but there has been no significant change in aggregate value of net farm income in the last 40 years. The hydroponics is expected to emerge as a key solution to such problems in future. However, it could be expensive to setup the hydroponics system as the initial set up cost of hydroponic system is high. Also these systems require constant supervision. Such obstacles are expected to hamper the growth of global hydroponics market in future.
Buy Now-
Key Players
American Hydroponics
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
The Hydroponics Company Limited
HydroGarden
Hanna Instruments, Inc.
CropKing
Phytoponics
General Hydroponics
Hydrofarm
Hyalite Australia
Lumigrow Inc.,
Other Notable Players
Scope and Context
Overview of the Parent Market
Analyst View
Segmentation
The global hydroponics market is segmented as follows:
By System Type Market Size & Y-O-Y Growth Analysis
By Equipment Market Size & Y-O-Y Growth Analysis
By Crop Type Market Size & Y-O-Y Growth Analysis
By Region Market Size & Y-O-Y Growth Analysis
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
Read More- https://www.kennethresearch.com/report-details/hydroponics-market/10076227
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Contact Us
1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018
Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hydroponics market is expected to thrive at a notable CAGR of more than 15% over the forecast period and top key players are The Hydroponics Company Limited,HydroGarden,Hanna Instruments, Inc.,CropKing,Phytoponics,General Hydroponics,Hydrofarm,Hyalite Aus here
News-ID: 1611481 • Views: …
More Releases from Kenneth Research
Global Cardiovascular Pharmaceuticals Market to be Propelled by Growing Investme …
Kenneth Research published a report titled "Cardiovascular Pharmaceuticals Market: Global Demand Analysis & Opportunity Outlook 2033" which delivers detailed overview of the global cardiovascular pharmaceuticals market in terms of market segmentation by drug class, distribution channel, indication and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with…
Global Family Office Market to be Propelled by Surging Number of New Businesses …
Kenneth Research published a report titled "Family Office Market: Global Demand Analysis & Opportunity Outlook 2031" which delivers detailed overview of the global family office market in terms of market segmentation by services, type, net worth managed, and by region.
Access Full Description: https://www.kennethresearch.com/report-details/family-office-market/10346745
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that…
Photomask Market Growth Analysis by Revenue, Size, Share, Scenario on Latest Tre …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Photomask Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which is…
Embedded Systems Market 2020 New Innovations Trends, Research, Global Share and …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Embedded Systems Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which…
More Releases for Hydroponics
Global Hydroponic Market - Amhydro, American Hydroponics, The Hydroponics Compan …
The global Hydroponic market accounted for USD 5,223.7 Million in 2017. Further, the market is expected to reach to a valuation of USD 13,842.3 Million by the end of 2023. Moreover, it is anticipated to flourish at a CAGR of 20.7% during the forecast period i.e. 2018-2023. The market is driven by its benefit such as higher yield as compared to traditional farming methods. As the population grows, the demand…
Hydroponics Market Analysis,Growth and Forecast to 2024 | Amhydro,American Hydro …
According to study of Research Reports Inc. Hydroponics market accounted for USD 5,223.7 Million in 2017. Further, the market is expected to reach to a valuation of USD 13,842.3 Million by the end of 2023. Moreover, it is anticipated to flourish at a CAGR of 20.7% during the forecast period i.e. 2018-2023.
Click for Sample Copy of Hydroponics Market Report Analysis and Research at: https://www.researchreportsinc.com/sample-request?id=212274
The market is driven…
Global Hydroponics Market Research Report 2019-2025 | Global Key - Koninklijke P …
Looking at the current trends across the Hydroponics market, a new study has been included to the wide database of Market Research Hub (MRH). The assessment is titled "Global Hydroponics Market Insights, Forecast to 2025", which discourses the various market impacting factors like drivers, restraints and opportunities. Moreover, readers are informed about the competitive landscape which enlightens about the different players operating in the Hydroponics market together with their market…
Global Hydroponics Market: Amhydro, American Hydroponics, The Hydroponics Compan …
A New fresh research report presented by KD Market Insights provides a detailed analysis of “Hydroponics Market 2017: Market Size, Trends & Opportunity Outlook – Forecast to 2023” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. It also presents the overview of industry players, advantages, challenges the business is going through. The research…
Global Hydroponics Market Size, Segmentation, Opportunity & Forecast - Expected …
An innovative study report has been released by KD Market Insights highlighting the title “Hydroponics Market” report provides a unique tool for evaluating the market, highlighting opportunities, supporting strategic and tactical decision–making. The report studies the Hydroponics Market worldwide, especially in North America, Europe, Asia Pacific, Latin America, Middle East & Africa, with Market size, growth, revenue, consumption, trends, import and export in these regions.
The global hydroponics market accounted for…
Hydroponics Market Key Players Analysis: Village Farms International, Thanet Far …
Market Research Future Published a Cooked Research Report on Global Hydroponics Market which is estimated to grow more than 6.39% after 2022
Competitive Analysis-
The Major Key Players in Hydroponics Market are
American Hydroponics
General Hydroponics
Village Farms International
Thanet Farms
Pegasus Agritech
James Foskett Farms
Terra Tech
Growlife
Sesajal
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/2453
Market Overview
The agriculture sector is one of the oldest and the most established sector for any country’s economy. The idea of taking crops out of soil and…