Global hydroponics market will reach $28,510.2 million by 2032, growing by 13.6% annually over 2022-2032, 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.
Highlighted with 92 tables and 93 figures, this 184 page report "Global Hydroponics Market 2022-2032 by Product Type (Aggregate System, Liquid Hydroponics), Input (Growth Media, Nutrients), Equipment (Irrigation, HVAC, LED Lights, Material Handling, Control Systems), Crop (Tomatoes, Lettuce & Leafy Vegetables, Peppers, Cucumbers, Strawberry, Herbs, Flowers), Distribution Channel (Online, Offline), and Region: Trend Forecast and Growth Opportunity" 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. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over 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
o EBB and Flow System
o Wick System
o Drip System
o Other Aggregate Systems
• Liquid Hydroponics
o Aeroponics
o Nutrient Film Technique
o Deep Water Culture
o 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 each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and split of each national market by Product Type, Equipment and Crop over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
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.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 11
1.1 Industry Definition and Research Scope 11
1.1.1 Industry Definition 11
1.1.2 Research Scope 12
1.2 Research Methodology 15
1.2.1 Overview of Market Research Methodology 15
1.2.2 Market Assumption 16
1.2.3 Secondary Data 16
1.2.4 Primary Data 16
1.2.5 Data Filtration and Model Design 17
1.2.6 Market Size/Share Estimation 18
1.2.7 Research Limitations 19
1.3 Executive Summary 20
2 Market Overview and Dynamics 23
2.1 Market Size and Forecast 23
2.1.1 Impact of COVID-19 on World Economy 24
2.1.2 Impact of COVID-19 on the Market 27
2.2 Major Growth Drivers 29
2.3 Market Restraints and Challenges 35
2.4 Emerging Opportunities and Market Trends 38
2.5 Porter's Fiver Forces Analysis 42
3 Segmentation of Global Market by Product Type 46
3.1 Market Overview by Product Type 46
3.2 Aggregate System 48
3.2.1 EBB and Flow System 50
3.2.2 Wick System 51
3.2.3 Drip System 52
3.2.4 Other Aggregate Systems 53
3.3 Liquid Hydroponics 54
3.3.1 Aeroponics 56
3.3.2 Nutrient Film Technique 57
3.3.3 Deep Water Culture 58
3.3.4 Other Liquid Hydroponics 59
4 Segmentation of Global Market by Input 60
4.1 Market Overview by Input 60
4.2 Growth Media 62
4.3 Nutrients 63
4.4 Other Inputs 64
5 Segmentation of Global Market by Equipment 65
5.1 Market Overview by Equipment 65
5.2 Irrigation System 67
5.3 HVAC 69
5.4 LED Growing Lights 70
5.5 Material Handling 72
5.6 Control Systems 73
5.7 Other Equipment 75
6 Segmentation of Global Market by Crop 78
6.1 Market Overview by Crop 78
6.2 Tomatoes 80
6.3 Lettuce & Leafy Vegetables 81
6.4 Peppers 82
6.5 Cucumbers 83
6.6 Strawberry 84
6.7 Herbs 85
6.8 Flowers 86
6.9 Other Crops 87
7 Segmentation of Global Market by Distribution Channel 88
7.1 Market Overview by Distribution Channel 88
7.2 Online Channels 90
7.3 Offline Channels 91
8 Segmentation of Global Market by Region 92
8.1 Geographic Market Overview 2022-2032 92
8.2 North America Market 2022-2032 by Country 96
8.2.1 Overview of North America Market 96
8.2.2 U.S. 100
8.2.3 Canada 103
8.2.4 Mexico 106
8.3 European Market 2022-2032 by Country 108
8.3.1 Overview of European Market 108
8.3.2 Germany 112
8.3.3 U.K. 114
8.3.4 France 116
8.3.5 Spain 118
8.3.6 Italy 120
8.3.7 Netherlands 122
8.3.8 Rest of European Market 124
8.4 Asia-Pacific Market 2022-2032 by Country 126
8.4.1 Overview of Asia-Pacific Market 126
8.4.2 Japan 130
8.4.3 China 133
8.4.4 Australia 135
8.4.5 India 137
8.4.6 South Korea 139
8.4.7 Rest of APAC Region 141
8.5 South America Market 2022-2032 by Country 143
8.5.1 Argentina 146
8.5.2 Brazil 148
8.5.3 Chile 150
8.5.4 Rest of South America Market 152
8.6 MEA Market 2022-2032 by Country 153
8.6.1 UAE 156
8.6.2 Saudi Arabia 158
8.6.3 South Africa 160
8.6.4 Other National Markets 162
9 Competitive Landscape 163
9.1 Overview of Key Vendors 163
9.2 New Product Launch, Partnership, Investment, and M&A 166
9.3 Company Profiles 167
Advanced Nutrients Ltd. 167
Aerofarms 169
American Hydroponics 170
Argus Control Systems Limited (Controlled Environments Limited) 171
Emerald Harvest Co. 172
Freight Farms 173
General Hydroponics Inc. 174
GreenTech Agro LLC 175
Heliospectra AB 176
Hydrodynamics International Inc. 177
Hydroponic Systems International 178
Logiqs B.V. 179
LumiGrow Inc. 180
Scotts Miracle Gro 181
Signify N.V. 182
Village Farms International Inc. 183
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