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Hydroponic Vegetables Market to Witness Increased Demand as Urge for Fresh Produce. Valuation of US$ 18.56 Bn Estimated by 2030

Global Hydroponic Vegetables Market Size Was Valued at USD 10.84 Billion in 2022, and is Projected to Reach USD 18.56 Billion by 2030, Growing at a CAGR of 6.95% From 2023-2030.

The Hydroponic Vegetables Market is a rapidly growing segment within the agriculture industry, driven by increasing demand for fresh, high-quality produce, urbanization, and advancements in hydroponic farming technology. Hydroponics is a soilless cultivation method that involves growing plants in nutrient-rich water solutions, with roots supported by inert mediums such as perlite, rockwool, or coconut coir. The Hydroponic Vegetables Market encompasses a wide range of vegetables grown using hydroponic techniques, including leafy greens (lettuce, spinach, kale), tomatoes, cucumbers, peppers, herbs (basil, parsley, mint), and other specialty crops. Hydroponic vegetable production can take place in various settings, including greenhouse facilities, vertical farms, indoor grow rooms, and rooftop gardens, providing flexibility in scale, location, and production methods.

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6 months ago

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