Report Detail
Global Hydroponic Market - Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2016-2026
- RnM3897748 |
- 25 February, 2020 |
- Global |
- 135 Pages |
- AllTheResearch |
- Consumer Goods
The global hydroponic market was valued at USD 8.2 billion in 2018 and is expected to reach USD 16.9 billion in 2026, growing at a CAGR of 11.7% during the forecast period. Hydroponics is referred to as a subset of hydroculture, one of the world's fastest-growing soil-less farming practices using mineral nutrient alternatives in soil-free water. The growth of the hydroponic market is primarily driven by the increasing food demand and security and helps in conserving natural resources are the key factors driving the growth of this market. However, lack of government policy and high capital investment hamper the growth of the Hydroponic industry. On other hand the increase in demand for Organic Food and demand for hydroponic grown Cannabis may also provide a profitable chance for market players in the near future. Based on type, liquid segment expected to dominate the market throughout the forecast periodBased on the type, the global hydroponic market has been segmented liquid and aggregate system. The liquid segment is growing rapidly in the Hydroponic market with the highest CAGR of 8.9% in the forecast period. Compared to the closed aggregate system model, liquid systems indicate greater productivity and hence most farmers have been installing liquid systems for their crop production. In addition, liquid systems are used widely in the manufacturing of lettuce and also help tomatoes in various areas.The plant's roots are constantly or intermittently immersed in a nutrient solution. Nutrient film technique (NFT) is one of the most widely used liquid hydroponics in which nutrients are dissolved in water and passed through the plants. In 2018, liquid hydroponic systems accounted for nearly 17 percent of the market. The market for this segment is anticipated to expand at a quicker rate compared to aggregate systems.Based on application, the vegetable segment is expected to grow at a CAGR of around 7.1% throughout the forecast periodBased on the application, the market has been segmented into fruits, vegetable, and flowers. The vegetable type accounts of the largest share in the market and are expected to grow at a CAGR of around 7.1% during the forecast period. The market is driven by increasing disease burden of chronic pain and growing need for effective pain management remedies on the global scale. Compared to traditional farming, vegetables cultivated using hydroponics are known to grow quicker and stronger as the right nutrients are supplied straight to the roots of crops.The cost of capital involved in the hydroponic set-up is high, the crops produced are sold at premium rates and, according to industry experts, and the price of the ranges of products is equal to the prices of organic products. In approximately 10 percent of the land region and 5 percent of the water volume needed for crop manufacturing, productivity from both aquaponics and hydroponic farming can be achieved. When practiced in a controlled setting, these methods promote crop development throughout the year.Europe to dominate the Hydroponic market throughout the forecast periodEurope accounted for nearly 38% share of the global Hydroponic market in 2018 and is expected to dominate the market throughout the forecast period. In 2018, Europe was the biggest hydroponic crop producer. It remains the biggest market for plants generated hydroponically. Traditionally, Europe has been at the forefront of sophisticated hydroponic intelligent greenhouse horticulture methods. Countries like the Netherlands, Spain, and France have big greenhouse-growing regions.In the Netherlands, however, growers mostly grow their crops in easy tunnel-like greenhouses without the use of climate control techniques. The advance in greenhouse farming has supported the development of hydroponics in Europe.Company Profiles and Competitive Intelligence:The major players operating in the global hydroponic market are Aerofarms (US), Terra Tech Corp (US), Hydroponic Farms (UAE), Triton Foodworks Ltd. (India), Urban cultivator (Canada), Village Farms (Canada), Green Sense Holdings (US) and among others.
Chapter 1 Executive Summary
- 1.1.Market Summary
- 1.1.1.Global Hydroponic Market, 2016-2026, (USD Million)
- 1.2.Market Snapshot: Global Hydroponic Market
- 1.3.Market Dynamics
- 1.4.Global Hydroponic Market, by Segment, 2018
- 1.4.1.Global Hydroponic Market, Type, 2018, (USD Million)
- 1.4.2.Global Hydroponic Market, by Equipment, 2018 (USD Million)
- 1.4.3.Global Hydroponic Market, by Application, 2018 (USD Million)
- 1.4.4.Global Hydroponic Market, by Region, 2018 (USD Million)
- 1.5.Premium Insights
- 1.5.1.Hydroponic Market in Developed Vs. Developing Economies, 2018 vs 2023
- 1.5.2.Global Hydroponic Market: Regional Life Cycle Analysis
Chapter 2 Market Dynamics
- 2.1.Market Overview
- 2.2.Market Drivers
- 2.2.1.Increasing Food Demand and Security
- 2.2.2.Hydroponic Systems Help Conserve Natural Resources
- 2.3.Market Restraints
- 2.3.1. Lack of Government Policy
- 2.3.2.High Capital Investment
- 2.4.Opportunities
- 2.4.1.Increase demand for Organic Food
- 2.4.2.Increased Demand for Cannabis
- 2.5.Industry Value Chain Analysis
- 2.6.Pricing Analysis
- 2.7.Porter’s Five Forces Analysis
Chapter 3 Global Hydroponic Market, Type
- 3.1.Market Overview, Type
- 3.1.1.Global Hydroponic Market, Type, 2016-2026 (USD Million)
- 3.1.2.Incremental Opportunity, Type, 2018
- 3.2.Aggregate Systems
- 3.2.1.Global Hydroponic Market, by Aggregate Systems, 2016-2026, (USD Million)
- 3.3.Liquid Systems
- 3.3.1.Global Hydroponic Market, by Liquid Systems, 2016-2026, (USD Million)
Chapter 4 Global Hydroponic Market, by Equipment
- 4.1.Market Overview, by Equipment
- 4.1.1.Global Hydroponic Market, by Equipment, 2016-2026 (USD Million)
- 4.1.2.Incremental Opportunity, by Equipment, 2018
- 4.2.HVAC
- 4.2.1.Global Hydroponic Market, by HVAC, 2016-2026, (USD Million)
- 4.3.Led Grow Light
- 4.3.1.Global Hydroponic Market, by Led Grow Light, 2016-2026, (USD Million)
- 4.4.Irrigation Systems
- 4.4.1.Global Hydroponic Market, by Irrigation Systems, 2016-2026, (USD Million)
- 4.5.Other Systems
- 4.5.1.Global Hydroponic Market, by Other Systems, 2016-2026, (USD Million)
Chapter 5 Global Hydroponic Market, by Application Type
- 5.1.Market Overview, by Application Type
- 5.1.1.Global Hydroponic Market, by Application Type, 2016-2026 (USD Million)
- 5.1.2.Incremental Opportunity, by Application Type, 2018
- 5.2.Vegetables
- 5.2.1.Global Hydroponic Market, by Medicinal, 2016-2026, (USD Million)
- 5.3.Fruits
- 5.3.1.Global Hydroponic Market, by Fruits, 2016-2026, (USD Million)
- 5.4.Flowers
- 5.4.1.Global Hydroponic Market, by Fruits, 2016-2026, (USD Million)
Chapter 6 Global Hydroponic Market, by Region
- 6.1.Market Overview, by Region
- 6.1.1.Global Hydroponic Market, by Region, 2016-2026, (USD Million)
- 6.2.Attractive Investment Opportunity, by Region, 2018
- 6.3.North America Hydroponic Market
- 6.3.1.North America Hydroponic Market, by Country, 2016-2026 (USD Million)
- 6.3.2.United States Hydroponic Market, 2016-2026 (USD Million)
- 6.3.3.Canada Hydroponic Market, 2016-2026 (USD Million)
- 6.3.4.Mexico Hydroponic Market, 2016-2026 (USD Million)
- 6.3.5.Rest of North America Hydroponic Market, 2016-2026 (USD Million)
- 6.4.Europe Hydroponic Market
- 6.4.1.Europe Hydroponic Market, by Country, 2016-2026 (USD Million)
- 6.4.2.United Kingdom Hydroponic Market, 2016-2026 (USD Million)
- 6.4.3.Germany Hydroponic Market, 2016-2026 (USD Million)
- 6.4.4.France Hydroponic Market, 2016-2026 (USD Million)
- 6.4.5.Rest of Europe Hydroponic Market, 2016-2026 (USD Million)
- 6.5.Asia Pacific Hydroponic Market
- 6.5.1.Asia Pacific Hydroponic Market, by Country, 2016-2026 (USD Million)
- 6.5.2.China Hydroponic Market, 2016-2026 (USD Million)
- 6.5.3.Japan Hydroponic Market, 2016-2026 (USD Million)
- 6.5.4.India Hydroponic Market, 2016-2026 (USD Million)
- 6.5.5.Rest of Asia Pacific Hydroponic Market, 2016-2026 (USD Million)
- 6.6.Latin America Hydroponic Market
- 6.6.1.Latin America Hydroponic Market, by Country, 2016-2026 (USD Million)
- 6.6.2.Brazil Hydroponic Market, 2016-2026 (USD Million)
- 6.6.3.Mexico Hydroponic Market, 2016-2026 (USD Million)
- 6.6.4.Rest of Latin America Hydroponic Market, 2016-2026 (USD Million)
- 6.7.Middle East & Africa Hydroponic Market
- 6.7.1.Middle East & Africa Hydroponic Market, by Country, 2016-2026 (USD Million)
- 6.7.2.GCC Hydroponic Market, 2016-2026 (USD Million)
- 6.7.3.Rest of Middle East & Africa Hydroponic Market, 2016-2026 (USD Million)
7.Competitive Intelligence
- 7.2.Top 5 Players Comparison
- 7.3.Market Positioning of Key Players, 2018
- 7.4.Market Players Mapping
- 7.4.1.Type
- 7.4.2.By Equipment
- 7.4.3.By Application
- 7.4.4.By Region
- 7.5.Strategies Adopted by Key Market Players
- 7.6.Recent Developments in the Market
- 7.6.1.Mergers & Acquisitions, Partnership, New Product Type Developments
Chapter 7 Company Profiles
- 8.1.Aerofarms
- 8.1.1.Aerofarms Overview
- 8.1.2.Aerofarms Product Portfolio
- 8.1.3.Aerofarms Financial Overview
- 8.1.4.Aerofarms News/Recent Developments
- 8.2.Terra Tech Corp
- 8.2.1.Terra Tech Corp Overview
- 8.2.2.Terra Tech Corp Product Portfolio
- 8.2.3.Terra Tech Corp Financial Overview
- 8.2.4.Terra Tech Corp News/Recent Developments
- 8.3.Medmen
- 8.3.1.Medmen Overview
- 8.3.2.Medmen Product Portfolio
- 8.3.3.Medmen Financial Overview
- 8.3.4.Medmen News/Recent Developments
- 8.4.Freight Farms
- 8.4.1.Freight Farms Overview
- 8.4.2.Freight Farms Product Portfolio
- 8.4.3.Freight Farms Financial Overview
- 8.4.4.Freight Farms News/Recent Developments
- 8.5.Green Sense Farms.
- 8.5.1.Green Sense Farms. Overview
- 8.5.2.Green Sense Farms. Product Portfolio
- 8.5.3.Green Sense Farms. Financial Overview
- 8.5.4.Green Sense Farms. News/Recent Developments
- 8.6.Emirates Hydroponic Farm
- 8.6.1. Emirates Hydroponic Farm Overview
- 8.6.2.Emirates Hydroponic Farm Product Portfolio
- 8.6.3.Emirates Hydroponic Farm Financial Overview
- 8.6.4.Emirates Hydroponic Farm News/Recent Developments
- 8.7.Argus Control Systems
- 8.7.1. Argus Control Systems Overview
- 8.7.2.Argus Control Systems Product Portfolio
- 8.7.3.Argus Control Systems Financial Overview
- 8.7.4.Argus Control Systems News/Recent Developments
- 8.8.American Hydroponics
- 8.8.1. American Hydroponics Overview
- 8.8.2.American Hydroponics Product Portfolio
- 8.8.3.American Hydroponics Financial Overview
- 8.8.4.American Hydroponics News/Recent Developments
Chapter 8 Preface
- 9.1.Data Triangulation
- 9.2.Research Methodology
- 9.2.1.Phase I – Secondary Research
- 9.2.2.Phase II – Primary Research
- 9.2.3.Phase III – Expert Panel Review
- 9.2.4.Approach Adopted
- 9.2.4.1.Top-Down Approach
- 9.2.4.2.Bottom-Up Approach
- 9.2.5.Supply- Demand side
Summary:
Get latest Market Research Reports on Hydroponic. Industry analysis & Market Report on Hydroponic is a syndicated market report, published as Global Hydroponic Market - Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2016-2026. It is complete Research Study and Industry Analysis of Hydroponic market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
