Hydroponics Market Size, Share & Trends Analysis Report by 2030
Global Hydroponics Market Size Was Valued at USD 27.99 Billion In 2022 And Is Projected to Reach USD 42.64 Billion By 2030, Growing at A CAGR of 5.4% From 2023 To 2030.
Hydroponics is a technique of growing plants in a water-based and nutrient-rich solution. The plant root system is supported by using an inert medium such as rockwool, perlite, clay pellets, vermiculite or peat moss, rather than soil. Plant roots are directly in contact with the nutrient solution with access to oxygen which enhances proper growth of the plant. This method of growing plants is used widely by commercial growers as it is easy to set up, has a high return on investment and costs less than other techniques. Hydroponics recycles large amount of water with minimal wastage and thus makes it the most water-efficient farming method.
Leading players involved in the Hydroponics Market includes:
Aero Farm Systems (USA),Lettus Grow (United Kingdom),Hydrofarm(USA),CityCrop (Greece),Circulus Agtech (Canada),Rivasha Eco Design (India),Phytoponics (United Kingdom),Sky Greens (Singapore),Spread (Japan),Infarm (Berlin),AgriCool (France),Crop One (Dubai, UAE),Surna (Boulder, Colorado),Freight Farms (Boston),SweGreen (Sweden) and other major players.
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Global Hydroponics Market Size Was Valued at USD 27.99 Billion In 2022 And Is Projected to Reach USD 42.64 Billion By 2030, Growing at A CAGR of 5.4% From 2023 To 2030.
Hydroponics is a technique of growing plants in a water-based and nutrient-rich solution. The plant root system is supported by using an inert medium such as rockwool, perlite, clay pellets, vermiculite or peat moss, rather than soil. Plant roots are directly in contact with the nutrient solution with access to oxygen which enhances proper growth of the plant. This method of growing plants is used widely by commercial growers as it is easy to set up, has a high return on investment and costs less than other techniques. Hydroponics recycles large amount of water with minimal wastage and thus makes it the most water-efficient farming method.
Leading players involved in the Hydroponics Market includes:
Aero Farm Systems (USA),Lettus Grow (United Kingdom),Hydrofarm(USA),CityCrop (Greece),Circulus Agtech (Canada),Rivasha Eco Design (India),Phytoponics (United Kingdom),Sky Greens (Singapore),Spread (Japan),Infarm (Berlin),AgriCool (France),Crop One (Dubai, UAE),Surna (Boulder, Colorado),Freight Farms (Boston),SweGreen (Sweden) and other major players.
Request a Free Sample of Hydroponics Market Report:
https://introspectivemarke...
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