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Hydroponics Market Technology Advancement and Global Outlook 2020-2026 | Eurofresh Farms, Village Farms International, Argus Control Systems Ltd, Heliospectra AB
The final report will add the analysis of the Impact of Covid-19 in this report Hydroponics industry.
The Global Hydroponics Market is projected to register a CAGR of 6.8% over the forecast period (2020-2025).
Hydroponics is an environment-friendly and profitable technology. It has been promoted by the various governments and non-governmental organizations for its benefits in terms of food security. The need for food supply against the explosive population increase by 2050 has catalysed the growth of the hydroponics market. Fund flows towards the market for bringing development and technological advancement in this specific sector.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Hydroponics Market: Eurofresh Farms, Village Farms International, Argus Control Systems Ltd, Heliospectra AB, Logiqs B.V., Lumigrow, Inc, American Hydroponics, Inc., Greentech Agro, Llc, Hydrodynamics International, Inc., Hydrofarm, Inc., Koninklijke Philips NV, HydroWholesale Inc, BetterGrow Hydro, Heliospectra and Others.
Key Market Trends:
Higher Consumption of Salads and Vegetables
The demand for exotic fruits and vegetables has been constantly growing at a higher rate due to the increased purchasing power of consumers. The cost of these exotic products is high, as most of these products are imported, and thus, several research institutions and universities are focusing on establishing more simplified hydroponics systems, in order to accelerate the production of exotic fruits and vegetables and meet the escalating demand.
Increasing awareness among the consumers of eating fresh vegetables will also fuel the market in future. Demand for Exotic vegetables like red and yellow capsicum, red lettuce in Retail company like Burger king, KFC, Pizza will drive the market.
This report segments the global Hydroponics market on the basis of Types are:
Aggregate Hydroponic Systems
Liquid Hydroponic Systems
On the basis of Application, the Global Hydroponics market is segmented into:
Crop
Vegetable
Fruit
Other
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Hydroponics Equipment Market these regions, from 2020 to 2026 (forecast), covering
North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Columbia, etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
The Hydroponics industry record covers the most significant investors in the global market alongside their fundamental subtle elements and includes market chances and also the competitive facet for investors and market leaders. Additionally, it also includes import/export data, end users/application, status and outlook, trends in future, production capacity, revenue, and scope. The analysis is full of different demonstrations, and promote statistics associated with Hydroponics Sales revenue, quantity, CAGR, and reveal, along with regional and global economy predictions.
Influence of the Hydroponics market report:
-Comprehensive assessment of all opportunities and risk in the Hydroponics market
-Hydroponics market recent innovations and major events
-Detailed study of business strategies for growth of the Hydroponics market-leading players
-Conclusive study about the growth plot of Hydroponics market for forthcoming years
-In-depth understanding of Hydroponics market-particular drivers, constraints and major micro markets
-Favourable impression inside vital technological and market latest trends striking the Hydroponics market
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Research Methodology:
Hydroponics Market report includes the estimation of market size for value (million USD) and volume (M Sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hydroponics Market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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