Hydroponics Market Set to Nearly Triple, Projected to Reach $47.92 Billion by 2032 | Top Companies are Bright Farms Inc, Argus Control Systems Limited, Hortisystems Uk Ltd

The Global Hydroponics Market reached USD 16.54 billion in 2024 and is projected to witness lucrative growth by reaching up to USD 47.92 billion by 2032. The market is growing at a CAGR of 14.22% during the forecast period 2025-2032.

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☛ Hydroponics Market Recent Developments 2025:

United States: Recent Industry Developments

✅ In July 2025, AeroFarms expanded its vertical hydroponic farms in New Jersey, boosting leafy greens production by 25% while using 90% less water than traditional farming. The expansion supports local food security and sustainable agriculture practices.

✅ In June 2025, Plenty partnered with a California-based grocery chain to implement hydroponic microgreen systems in urban stores. The initiative enables on-site fresh produce growth, reducing transportation emissions and food waste.

✅ In May 2025, Bowery Farming launched AI-powered nutrient monitoring systems across its hydroponic farms in New York. The technology optimizes plant growth and minimizes fertilizer use, representing a $20 million investment in precision farming.

Japan: Recent Industry Developments

✅ In July 2025, Spread Co., Ltd. scaled up its indoor hydroponic lettuce production in Kyoto. The facility leverages robotics for planting and harvesting, increasing efficiency and supporting Japan's urban agriculture initiatives.

✅ In June 2025, Mirai Foods introduced smart hydroponic kits for households in Tokyo. The kits allow consumers to grow vegetables indoors year-round, promoting sustainable and convenient urban farming.

✅ In May 2025, Panasonic partnered with local farmers in Hokkaido to deploy hydroponic greenhouses with controlled LED lighting. The project enhances crop yield and reduces dependency on seasonal weather patterns.

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☛ Hydroponics Market: Drivers

The hydroponics market is experiencing rapid growth due to the increasing need for sustainable and efficient agricultural practices. With limited arable land and rising population pressures, hydroponic systems offer higher crop yields in controlled environments. Advancements in nutrient solutions, LED lighting, and automated monitoring technologies are enhancing plant growth and productivity. Urban farming initiatives and the trend toward locally grown, fresh produce are further driving adoption. Hydroponics also reduces water consumption and minimizes soil-borne diseases, making it an attractive solution for modern agriculture.

Rising awareness of food safety, pesticide-free produce, and year-round cultivation is boosting demand for hydroponic farming systems. Government support, subsidies, and training programs for soilless agriculture are facilitating market penetration across regions. Integration with IoT and AI technologies is enabling precision farming and resource optimization, enhancing operational efficiency. Commercial greenhouses, vertical farming, and indoor agriculture are increasingly incorporating hydroponic solutions to meet consumer demand. With sustainability and food security becoming key priorities, the hydroponics market is set for continued expansion globally.

☛ Hydroponics Market: Major Players

Bright Farms Inc, Argus Control Systems Limited, Hortisystems Uk Ltd, Kubo Group, Greentech Organic Hydroponics Systems Mfrs., Circle Fresh Farms, Hydrodynamics International, Helio spectra AB, AmHydro, and Growers Supply.

Research Methodology

We follow a hybrid research approach, combining qualitative insights with rigorous quantitative analysis to deliver reliable and comprehensive market intelligence. Our process begins with extensive secondary research, drawing on trusted industry reports, proprietary databases, and credible market sources. This is then reinforced through targeted primary research, including structured surveys and in-depth interviews with industry leaders, subject matter experts, and key market participants.

☛ Segments Covered in the Hydroponics Market:

By Crop: Tomato, Lettuce and Leafy Vegetables, Pepper, Cucumber, Microgreens, Others.

By System: Aggregate Hydroponic System, Liquid Hydroponic System.

By Equipment: HVAC, LED Glowlight, Irrigation Systems, Material Handling, Control Systems, Others.

By Service (Inorganic Hydroponic Solutions, Organic Hydroponic Solutions.

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☛ Regional Analysis for Hydroponics Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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