Hydroponics Market 2021 With Top Countries Data: Industry Trends, Share, Size, Top Key Players Analysis and Forecast Research

Hydroponics Market - Growth, Trends, And Forecast (2020- 2025)

The report presents an in-depth assessment of the Hydroponics including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Hydroponics investments from 2020 till 2025.

The Global Hydroponics Market is projected to register a CAGR of 6.8% over the forecast period (2020-2025). In 2019, Europe is the largest geographic segment of the market studied and accounted for a share of around 47.3% of the overall market.

The Hydroponics market is highly competitive and consists of a number of major players. Top Companies like Fujitsu Ltd., Gemalto N.V, NEC Corp., CA Technologies, Safran Identity and Security SAS, Dell Technologies Inc., Lumidigm Inc., Validsoft, Pistolstar, Securenvoy among others

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In October 2018, Box greens, a miami based company that introduced farms-in-a-box which retrofits cointainers into portable hydroponics farms.In Novemeber 2018, IKEA, a dealer in home accessories ,developed new hydroponic cultivation kit for indoor cultivation of herbs and vegetables

Scope of the Report

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 catalyzed the growth of the hydroponics market.Fund flows towards the market for bringing development and technological advancement in this specific sector.

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 lettuce in Retail company like Burger king,KFC,Pizza will drive the market.

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Europe Dominates The Global Market

Europe is traditionally the largest market, that is implementing advanced techniques in hydroponics smart greenhouse horticulture. The matured European market demand is led by countries, such as the Netherlands, Spain, and France. In Europe, Holland is the largest producer of hydroponic crops and is expected to maintain the lead for the next 10 years. This is because of the vast expansion of hydroponics technology in the Netherlands. Germany is expected to register a higher pace, among the European countries. The major vegetable and fruit crops that are grown using hydroponics in European countries include, tomatoes, roses, and peppers among others. As consumers are becoming increasingly aware of the quality difference in greenhouse-grown vegetables, the demand for hydroponics culture is increasing in Europe.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Hydroponics Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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