Global Hydroponics Market Report to 2032: Rising Success Rate Related With the Commercial Hydroponics Industry Fuels the Sector

DUBLIN, May 16, 2023 /PRNewswire/ -- The "Global Hydroponics Market 2022-2032 by Product Type, Input, Equipment, Crop, Distribution Channel, and Region: Trend Forecast and Growth Opportunity" report has been added to  ResearchAndMarkets.com's offering.

The global hydroponics market will reach $28,510.2 million by 2032, growing by 13.6% annually over 2022-2032.

Companies Mentioned

• Advanced Nutrients Ltd.
• Aerofarms
• American Hydroponics
• Argus Control Systems Limited (Controlled Environments Limited)
• Emerald Harvest Co.
• Freight Farms
• General Hydroponics Inc.
• GreenTech Agro LLC
• Heliospectra AB
• Hydrodynamics International Inc.
• Hydroponic Systems International
• Logiqs B.V.
• LumiGrow Inc.
• Scotts Miracle Gro
• Signify N.V.
• Village Farms International Inc.

The market is driven by the continuous increase in the global population along with rising the demand for food consumption, the rise in difficulty of growing crops on soil, the rising success rate related with the commercial hydroponics industry, the development of new hydroponics system with higher yield, and the decreased use of artificial ripening agents and pesticides.

This report is based on comprehensive research of the entire global hydroponics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year.

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global hydroponics market in every aspect of the classification from perspectives of Product Type, Input, Equipment, Crop, Distribution Channel, and Region.

Based on Product Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Aggregate System
• EBB and Flow System
• Wick System
• Drip System
• Other Aggregate Systems
• Liquid Hydroponics
• Aeroponics
• Nutrient Film Technique
• Deep Water Culture
• Other Liquid Hydroponics

Based on Input, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Growth Media
• Nutrients
• Other Inputs

By Equipment, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Irrigation System
• HVAC
• LED Growing Lights
• Material Handling
• Control Systems
• Other Equipment

By Crop, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Tomatoes
• Lettuce & Leafy Vegetables
• Peppers
• Cucumbers
• Strawberry
• Herbs
• Flowers
• Other Crops

By Distribution Channel, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Online Channels
• Offline Channels

Geographically, the following regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE,Saudi Arabia, South Africa and Rest of MEA)

For more information about this report visit https://www.researchandmarkets.com/r/3ztg83

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