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Increasing Trend of GMO Crops to Boost Global Hydroponic Vegetable Market
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Research analysts at TMR are answering some of the important questions pertaining to the global market for hydroponic vegetables in this blog post:
What are the main factors that are influencing the global hydroponic vegetable market?
The guaranteed yield and production of exotic variety of vegetables in no growing zones is making the global hydroponic vegetable market very attractive for the manufacturers looking to invest in the food industry. Hydroponic vegetables are expected to witness a high rise in their consumption across the world due to the changing trends in the food and beverage markets, directed towards healthy and fresh products. Apart from this, low production cost and the decrease in food miles are also driving this market towards growth.
On the other hand, as organic vegetables are not produced by hydroponic system, the increasing shift of consumers towards organic food products may hamper the growth of this market in the near future. However, the production of exotic varieties of vegetable near the selling point, reducing the food files, subsequently helping in bring down the selling price of the product and resulting in increased consumption, will support the growth of this market in the near future.
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