Hydroponics Market Poised to Hit $28.16 Billion by 2029 with Accelerating Growth Trends

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Hydroponics Market Size Growth Forecast: What to Expect by 2025?
The hydroponics market has experienced a swift expansion in the past few years. The market is expected to increase from a size of $15.57 billion in 2024 to around $17.2 billion in 2025, boasting a Compound Annual Growth Rate (CAGR) of 10.5%. Factors such as efficient use of resources, water conservation, the scarcity of land, the development of urban agriculture, lesser reliance on soil quality, and all-year-round production have all contributed to its growth in the historical period.

How Will the Hydroponics Market Size Evolve and Grow by 2029?
A significant surge in the size of the hydroponics market is anticipated in the coming years, escalating to a $28.16 billion worth by 2029 and witnessing a compound annual growth rate (CAGR) of 13.1%. Factors that contribute to this notable increase during the forecast period are aligning with sustainable methods, an increasing consumer need for fresh produce, worries about food safety, supportive government initiatives and rewards, as well as advances in education and research. Emerging trends to watch during the prediction period encompass innovative farming technologies, vertical agricultural systems, nutrient film method systems, sustainable and organic hydroponic techniques, and the embracement of aeroponic technology.

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What Drivers Are Propelling the Growth of Hydroponics Market Forward?
The surge in health awareness is anticipated to propel the growth of the hydroponics market. This concept of health consciousness involves a person's understanding and active pursuit to enhance and sustain their health, encompassing various behaviors, attitudes, and beliefs associated with physical fitness, diet, and lifestyle preferences. The escalation in health consciousness is driven by factors like the increasing occurrence of lifestyle-induced diseases such as obesity, diabetes, and cardiovascular disease, underlining the vital significance of a healthy lifestyle. For those keen on preserving their health, hydroponically grown food stands as an optimal choice as it is grown in controlled surroundings which permit accurate nutrient supervision and minimal pesticide usage, resulting in fresh, unadulterated, and nutrient-loaded products. In May 2022, as per a survey conducted by the US-based non-profit organization, the International Food Information Council, involving 1,005 American adults aged between 18-80 and youthful Gen Z consumers ages 18-24, saw about 52% of the contributors adhering to a specific diet or eating pattern, a rise from 39% in 2021. Moreover, the leading selections included clean eating (16%), mindful eating (14%), and calorie counting (13%). As a result, the increase in health consciousness is propelling the hydroponics market's expansion.

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Which Emerging Trends Are Transforming the Hydroponics Market in 2025?
Top-tier companies active in the hydroponics industry are innovating their manufacturing plants with cutting-edge technology like Smart Control Apps, allowing for real-time observation and accurate adjustments of vital elements such as lighting, temperature, humidity, and nutrient levels, enhancing plant growth and resource productivity. The Smart Control App is a tech tool that provides growers with the ability to remotely supervise and modify the environmental conditions of their hydroponic systems. For example, in April 2024, Vertefarm, an American hydroponics company, introduced a hydroponic micro plant factory. This factory, designed for indoor gardens, integrates advanced hydroponics with a smart control app. The app provides remote monitoring and control of plant growth conditions, allowing users to tweak settings like light, water, and nutrient levels directly from their smartphones. This ensures optimal growth conditions without constant oversight. The micro plant factory also features a pleasing and compact design, making it fitting for a range of domestic setups, including apartments and small homes.

What Are the Key Segments in the Hydroponics Market?
The hydroponics market covered in this report is segmented -

1) By Type: Aggregate Systems, Liquid Systems
2) By Farming: Indoor Farming, Outdoor Farming
3) By Crop Type: Vegetables, Fruits, Flowers

Subsegments:
1) By Aggregate Systems: Ebb And Flow Systems (Flood and Drain), Drip Systems, Wick Systems, Aeroponics Systems (Using Aggregate Medium)
2) By Liquid Systems: Nutrient Film Technique (NFT), Deep Water Culture (DWC), Aeroponics Systems (Mist-Based), Continuous Flow Systems

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Who Are the Key Players Shaping the Hydroponics Market's Competitive Landscape?
Major companies operating in the hydroponics market include The Scotts Miracle-Gro Company, Hydrofarm Holdings Group Inc., Village Farms International Inc., Freight Farms Inc., AeroFarms LLC, Crop One Holdings Inc., Bright Farms Inc., BioHarvest Sciences Inc., Urban Crop Solutions, Agrilution Systems GmbH, 3Dponics Inc., American Hydroponics, Illumitex Inc., Back to the Roots, CityCrop Inc., Fresh Box Farms, Green Spirit Horticulture, IBIÒ Inc., Indoor Harvest Corporation, Modular Farms Inc., Thanet Earth Limited, Evergreen Farm Oy, Green Sense Farms LLC, GreenTech Agro LLC, Heliospectra AB, LettUs Grow Ltd., Aessense Corporation, Agrivolution LLC, CropKing Inc, Valoya Inc.

What Geographic Markets Are Powering Growth in the Hydroponics Market?
Western Europe was the largest region in the hydroponics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydroponics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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