Press release
Hydroponics Market to Reach USD 34.32 Billion by 2032, Growing at an 11.3% CAGR - Europe Leads Adoption of Controlled Environment Agriculture
Hydroponics Market
► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/27072/
♦ Key Highlights:
Market Size and Growth: USD 14.57 billion in 2024, projected to reach USD 34.32 billion by 2032 at an 11.3% CAGR.
Dominating Region: Europe leads the market with advanced greenhouse technology, widespread hydroponic adoption, and sustainability initiatives.
Leading Segment: The aggregate hydroponic system segment dominates, incorporating popular systems such as ebb and flow, water culture, and drip setups.
Key Driver: Rising demand for fresh produce, food security concerns, and controlled indoor farming systems.
Top Players: Hydrofarm Inc., Lumigrow Inc., Argus Control Systems, General Hydroponics Inc., Philips NV, and Heliospectra AB.
♦ Market Outlook
The hydroponics market is transforming modern agriculture by enabling precise, soil-less cultivation in controlled environments. Plants grown with hydroponics achieve 20-25% higher yields compared to traditional farming, while offering two to five times greater productivity. The system's ability to minimize climatic impact and enable all-year crop production boosts its appeal in both developed and developing nations.
The adoption of vertical and urban farming further accelerates the sector, especially for high-value crops like lettuce, herbs, and salad greens. Governments are also encouraging hydroponic development through subsidies and R&D investments, ensuring food resilience against the challenges of land scarcity and changing climatic conditions.
► Get access to the full description of the report @https://www.maximizemarketresearch.com/market-report/global-hydroponics-market/27072/
♦ Regional Insights
Europe leads the global hydroponics market, driven by horticultural advancements and widespread acceptance of greenhouse farming. The Netherlands, Spain, and France remain major contributors, with innovations in vertical farms and smart greenhouses driving growth. The launch of InFarm's facility in Nijmegen, Netherlands demonstrates Europe's leadership in local, sustainable food production.
North America holds the second-largest share, supported by increasing demand for fresh, locally grown fruits and vegetables. Urban hydroponic farms in major U.S. cities and investment from companies such as AeroFarms and Scotts Miracle-Gro propel regional development.
The Asia Pacific region is emerging rapidly, with China, Japan, and India investing heavily in urban farming and technological partnerships to strengthen food production efficiency.
♦ Key Players & Competitive Landscape
Leading companies in the global hydroponics market include:
Hydrofarm Inc. (U.S.)
Lumigrow Inc. (U.S.)
Argus Control Systems Ltd. (Canada)
General Hydroponics Inc. (U.S.)
Heliospectra AB (Sweden)
Koninklijke Philips NV (Netherlands)
Signify Holdings (Netherlands)
Village Farms (U.S.)
Greentech Agro Inc. (U.S.)
Logiqs B.V. (Netherlands)
These companies focus on improving HVAC, LED grow light, and control system technologies essential for optimizing yield and energy efficiency in hydroponic environments.
♦ Quote
"Hydroponics represents the future of sustainable food production," said an analyst at Maximize Market Research. "As population growth and resource constraints challenge traditional agriculture, hydroponic farming offers a scalable, climate-independent solution that ensures year-round productivity with minimal environmental impact."
◉ Get Market Research Latest Trends
♦ Global Marine Adhesives Market https://www.maximizemarketresearch.com/market-report/global-chlorine-market/15326/
♦ Green and Bio Polyols Market https://www.maximizemarketresearch.com/market-report/green-and-bio-polyols-market/147933/
♦ Trichloroethylene Market https://www.maximizemarketresearch.com/market-report/trichloroethylene-market/121693/
♦ Fiberglass Fabric Market https://www.maximizemarketresearch.com/market-report/fiberglass-fabric-market/2801/
♦ Global Basalt Fiber Market https://www.maximizemarketresearch.com/market-report/global-basalt-fiber-market/33313/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Bangalore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hydroponics Market to Reach USD 34.32 Billion by 2032, Growing at an 11.3% CAGR - Europe Leads Adoption of Controlled Environment Agriculture here
News-ID: 4230782 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Electric Enclosure Market to Reach USD 115.16 Billion by 2032, Growing at 8.57% …
Electric enclosures are protective cabinets designed to house electrical and electronic components such as switches, circuit boards, and displays. Their primary purpose is to safeguard users from electric shocks while protecting sensitive equipment from environmental hazards. Typically installed within walls, electric enclosures offer both functional and aesthetic benefits by concealing wires and maintaining a clean, organized look.
These enclosures find widespread applications across multiple sectors including power transmission and distribution, energy…
India Automotive Aftermarket: Rising Focus on Vehicle Maintenance, Upgrades, and …
India Automotive Aftermarket - Market Overview
The India Automotive Aftermarket represents a critical pillar of the country's mobility ecosystem, encompassing replacement parts, accessories, diagnostics, maintenance, and repair services for vehicles already in operation. Valued at USD 10.3 billion in 2023, the market is benefiting from India's expanding vehicle parc of over 340 million vehicles, increasing vehicle age, and rising consumer awareness around preventive maintenance. The aftermarket plays a vital role in…
Parcel Delivery Market: Growing Demand for Fast, Reliable, and Technology-Driven …
Parcel Delivery Market Insights
Market Overview
The Global Parcel Delivery Market is experiencing steady growth driven by increasing e-commerce adoption, internet penetration, and cross-border trade. Parcel delivery involves transporting goods via road, rail, air, or sea, with services ranging from express delivery to standard courier options. The sector benefits from technological advancements, such as GPS tracking, RFID, autonomous delivery vehicles (ADVs), and electric vehicles (EVs) for last-mile delivery, improving efficiency and customer…
Tire Retreading Market: Rising Focus on Cost-Effective, Sustainable, and High-Pe …
Global Tire Retreading Market - Overview
The Global Tire Retreading Market is an integral part of the circular economy, offering a sustainable alternative to new tires by reducing raw material consumption and energy usage during production. Retreaded tires are widely used in commercial and transport vehicles, providing cost-effective, environmentally friendly solutions without compromising performance or durability. The adoption of retreading technologies is transforming supply chains in the transportation sector, enabling companies…
More Releases for Hydroponics
Grow your Business with Hydroponics
Join the workshop organized by Brio Hydroponics to learn more about Commercial Hydroponics Business.
July 02, 2023: Brio Hydroponics is organizing a workshop where you can learn how to grow your business with hydroponics and set up a commercially profitable hydroponics farming system. This workshop is for everyone wanting to start their own business or just wants a secure investment option with a higher ROI and tax-free income.
You can learn about…
Hydroponics Market Report 2023 - Size, Analysis, Key Trends And Industry Forecas …
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Hydroponics Market Size, Growth Rate, And Forecast
The global hydroponics market size grew from $12.71 billion in 2022 to $14.12 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least…
Hydroponics Market || Worldwide, 2030
The "Hydroponics Market Analysis to 2030" is a specialized and in-depth study of the Hydroponics industry with a focus on the Hydroponics market trend. The report aims to provide an overview of the Hydroponics market with detailed market segmentation by component, application, end-user, and geography. The Hydroponics market is expected to witness high growth during the forecast period. The report includes key statistics on the market status of the leading…
Global Hydroponic Market - Amhydro, American Hydroponics, The Hydroponics Compan …
The global Hydroponic market accounted for USD 5,223.7 Million in 2017. Further, the market is expected to reach to a valuation of USD 13,842.3 Million by the end of 2023. Moreover, it is anticipated to flourish at a CAGR of 20.7% during the forecast period i.e. 2018-2023. The market is driven by its benefit such as higher yield as compared to traditional farming methods. As the population grows, the demand…
Global Hydroponics Market Research Report 2019-2025 | Global Key - Koninklijke P …
Looking at the current trends across the Hydroponics market, a new study has been included to the wide database of Market Research Hub (MRH). The assessment is titled "Global Hydroponics Market Insights, Forecast to 2025", which discourses the various market impacting factors like drivers, restraints and opportunities. Moreover, readers are informed about the competitive landscape which enlightens about the different players operating in the Hydroponics market together with their market…
Global Hydroponics Market: Amhydro, American Hydroponics, The Hydroponics Compan …
A New fresh research report presented by KD Market Insights provides a detailed analysis of “Hydroponics Market 2017: Market Size, Trends & Opportunity Outlook – Forecast to 2023” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. It also presents the overview of industry players, advantages, challenges the business is going through. The research…
