Global Hydroponics Market to Expand Shows Significant CAGR of 6.5% during the Period of 2017 – 2025

The global hydroponic market is about to witness impressive growth due to increase in the production of hydroponic vegetables. The rising awareness about the advantages of this type of cultivation over traditional farming is also propelling growth in this global market. Besides this, hydroponics save land, water, use lesser fertilizers, and is a simple solution to problems of climate change. Considering this fact, a new research report with a title “Hydroponics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has been recently added to the vast online repository of Market Research Reports Search Engine (MRRSE). This report provides analysis and forecast of the global hydroponic vegetables market. It includes historical data of 2016 along with projected data of 2017, and forecast data up to 2025 in terms of revenue (US$ Million).

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The global hydroponics market is expected to expand at a healthy CAGR of 6.5% between 2017 and 2025. At this rate, the market will reach a valuation of worth US$12,106.5 million by the end of 2025 from US$ 6,934.6 million in 2016. The report also includes macro-economic pointers along with an outlook on hydroponic vegetables consumption pattern across the world. It covers drivers, restraints and risks in the global hydroponic vegetables market and their impact on each regional market during the forecast period. The report also incorporates the analysis of present issues with end users and opportunities for hydroponic vegetables vendors.

In order to provide readers of this report with all-inclusive view of the market, it has included detailed segregation of the global market on the basis of vegetable type, farming type, origin, distribution channel and region. Based on vegetable type, the global hydroponic vegetables market is divided into lettuce, cucumber, spinach, peppers, tomatoes and others. By distribution channel type, the global hydroponic vegetables market is segregated into modern trade (hypermarket/supermarket), grocery stores, whole food and specialty stores, unorganized small stores, bulk suppliers and distributors and others. Geographically, the global hydroponics market is divided into Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. Among these regions, Europe is expected to lead the global hydroponic market as the region is lined up to account for more than 40% of market share in the overall market by the end of 2025. Also, North America is expected to gain noteworthy incremental opportunity by the end of 2025 in terms of revenue.

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The report provides a detailed competitive analysis along with company profiles of key participants operating in the global market. Some of the key players profiled in the report include Soave Enterprises LLC., Village Farms International, Inc., AMCO Produce Inc., Thanet Earth Ltd., Hollandia Produce, L.P., Bright Farms Inc., Emirates Hydroponics Farms, Eden Farms, Platinum Produce Company and Millennium Pacific Greenhouses Ltd.

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