Hydrophonics Market Will Accelerate Rapidly with Excellent CAGR of 10.10% in the Forecast Period of 2023-2030

Data Bridge Market Research analyses that the hydrophonics market is expected to reach USD 26.13 billion by 2030, which was USD 12.10 billion in 2022, registering a CAGR of 10.10% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Browse Detailed Summary of Research Report @ https://www.databridgemarketresearch.com/reports/global-hydrophonics-market

This worldwide Hydrophonics market report presents thorough information about the global industry comprising of valuable figures and stats. Moreover, the report contains records starting from the base year (2022) and stretches until the forecast period (2023-2029). This market research report has set a bench-marking example for such a vibrant market that explores several recommendations and practical growth strategies in relation to the market. The market report covers a wide spectrum of regions and also focuses on key regions that include North America, Europe, Asia Pacific, Middle East, South America, and the Middle East & Africa (MEA).

Currently, about 32-39% of global crop yield is sensitive to climatic conditions, which leads to variations of 2 to 22 million tonnes of production of crops such as soybean, maize, rice and wheat. Livestock and agriculture also contribute around 11 percent of global greenhouse gas emissions. In addition, the world will require to surge food production by around 70% to fulfill the caloric needs of a population of around 9.8 billion by 2050. However, hydroponic farming has enough potential to deal with these issues pose to the current agricultural system. Growing crops in optimal conditions using controlled environment agriculture technology is one of the major benefits of hydroponic farming.

Product definition   

Hydroponics is a scientific method used for growing plants in a soil-less medium using nutrients and water. Hydroponics is used for producing food in a controlled, soilless setting. It offers complete control of environmental factors, such as tilth, pH, light, air temperature, microorganisms and nutrient content. It helps to grow plants in a liquid nutrient solution including expanded brick shards, polystyrene packing peanuts, clay, coir, perlite, vermiculite, and wood fiber.

Competitive Landscape and Hydrophonics Market Share Analysis

The hydrophonics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to hydrophonics market.

Some of the major players operating Hydrophonics market are

Thanet Earth Limited (U.K.)
Pegasus Agritech (India)
Koninklijke Philips N.V. (Netherlands)
General Hydroponics (U.S.)
Village Farms International Inc. (Canada)
ROCKWOOL A/S (Denmark)
Heliospectra AB (Sweden)
Hydroponic Systems International (Spain)
LOGIQS B.V. (Netherlands)
The Scotts Company LLC (U.S.)
FRESHBOX FARMS (U.S.)
AeroFarms (U.S.)
Freight Farms, Inc. (U.S.)
Triton Foodworks (India)
AirLogix (U.S.)

Key Market Segments Covered in Hydrophonics Market Industry Research

Type

Aggregate Systems
EBB and Flow System
Drip System and Wick System
Liquid Hydroponic Systems
Deep Water Culture Systems
Nutrient Film Techniques (NFT)
Aeroponics.

 Equipment

HVAC
LED Grow Light
Control System
Irrigation System
Material Handling
Others

 Crop Type

Vegetables
Leafy Greens
Peppers
Cucumber
Tomato
Others
Fruits
Flowers
Others

 Input

Nutrients
NPK (Nitrogen (N), Phosphorus (P) and Potassium (K))
 Trace Mineral
Other Nutrients
Grow Media
Clay
 Rockwool
Coco Coir
Perlite and Vermiculite
Others.
Others

Farming

Indoor
Outdoor

Crop Area

Up to 1000 Square Feet
1000 to 10000 Square Feet
10000 to 50000 Square Feet
Above 50000 Square Feet

Hydrophonics Market Regional Analysis/Insights

The hydrophonics market is analyzed and market size insights and trends are provided by country, type, equipment, crop type, input, farming and crop area as referenced above.

The countries covered in the hydrophonics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the hydrophonics market in terms of revenue and market share owing to the high adoption of hydroponics in China, Australia, South Korea and other such countries within the region. Furthermore, the market in India and China is expected to grow significantly due to the emerging urban hydroponic farms which will further boost the market growth.

Europe is anticipated to be the fastest-growing region in hydrophonics market during the forecast period of 2023-2030 due to the growing adoption of hydroponics because of scarcity of land and rapid industrialization in this region. Moreover, increasing expansion of genetically modified crop technology will further increase the market growth,

How does this Hydrophonics Market Insights Help?

 Global Hydrophonics Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR
The Key parameters which are driving this market and restraining its growth
What all challenges manufacturers will face as well as new opportunities and threats faced by them
To learn about the market strategies that are being adopted by your competitors and leading organizations
To Increase insightful analyses of the market and have a comprehensive understanding of the "Hydrophonics  Market" and its commercial landscape

Queries Resolved in This Report:

Which will be the specialties at which Hydrophonics Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set nearness?
Which will be the foreseen development rates for your own Hydrophonics economy out and out and furthermore for each portion inside?
Which will be the Hydrophonics application and sorts and estimate joined intently by makers?
Which will be the dangers which will attack growth?
The length of the Hydrophonics market opportunity?
How Hydrophonics Market share advance vacillations their value from various assembling brands?

WHO SHOULD BUY THE HYDROPHONICS REPORT?

People looking to enrich the decision-making capability by following points must buy the report:

Breakdown of market share of the top Hydrophonics industry players
Evaluations of market share for the regional and country level sectors
Estimation of Hydrophonics market for the forecast period of all the aforementioned classes, sub classes, and the domestic markets
Tactical recommendation for the newbies
Tactical recommendation in primary business industries based on the Hydrophonics market forecast

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