Hydroponics Market Research, Size, Share, Trend, Top Key Players Update and Industry Analysis, 2022
Hydroponics Market Research Report by crop (tomato, lettuce, cucumber, pepper and others) and Region Forecast to 2022
(EMAILWIRE.COM, July 24, 2018 ) Market Overview:
Hydroponics crop value is anticipated to grow to USD 27.29 Billion by 2022 at an estimated CAGR of 6.39% from 2015 to 2020. Improved yields, higher return on investment, and protected environment among others, attracting a larger share of producers as well as investors has been driving the hydroponics market.
The agriculture sector is one of the oldest and the most established sector for any country’s economy. The idea of taking crops out of soil and growing in a completely soil-less medium is still surprising for the mass. Hydroponics is the fastest growing soil-less farming practice at a global level, wherein a tailored nutrient solution is used for the crop to attain its full growth with a superior quality in a sustainable manner. The technique introduced several advantages in terms of increased yield, higher returns on investment, and protected environment among others, attracting a larger share of producers as well as investors.
With the progressive integration of technology with agricultural practices there have been significant improvements in conventional farming practices, yield quantities, and associated returns on investments. However, in the past decade there has been constant degradation of natural resources such as land and water. This along with several other monetary reasons has led to an alarming need of switching to unconventional farming techniques, such as hydroponics, which does not depend on soil, fertile land, and water resources for cultivation.
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Major Key Players:
The leading market players in hydroponics primarily are Village Farms International, Thanet Farms, Pegasus Agritech, James Foskett Farms. Terra Tech, Growlife, American Hydroponics and General Hydroponics.
Regional Analysis:
Hydroponics Market is segmented into Europe, North America, and Asia Pacific along with rest of the world (RoW). Among this Europe region is dominating the hydroponics market. Europe is an established market for hydroponics, whereas North America, primarily the U.S. and APAC, primarily India hold immense potential to grow significantly during the forecast years. The European region lead the global hydroponics market in 2014 with an estimated crop value of USD 9.8 billion and will continue with this dominance growing over USD 13.38 Billion by 2020 at an estimated CAGR of 5.28% through 2015 to 2020
Target Audience:
Greenhouse equipment manufacturers
Large scale vegetable producers
Horticulutural input companies
Retailers
Government organization
Key Findings:
The soil-less farming technique (hydroponics) is poised to grow over USD 27.29 Billion by 2022 at an estimated CAGR of 6.39% from 2015 to 2022
Hydroponic crop value in Europe will be lower than the global average at a steady 5.28% CAGR, growing from USD 9.8 Billion in 2014 to USD 13.38 Billion in 2022
Developing countries of Middle East and Africa will continue contributing smaller shares to the global hydroponic crop value through the forecast period
Tomatoes are the largest contributor to the global hydroponic crop value and will continue with this dominance during the forecast period
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Table of Content:
1 Executive Summary
2 Report Description
3 Introduction to Hydroponics
4 Global Hydroponics Market Snapshot
5 Hydroponics Industry Analysis
Continued….
Hydroponics crop value is anticipated to grow to USD 27.29 Billion by 2022 at an estimated CAGR of 6.39% from 2015 to 2020. Improved yields, higher return on investment, and protected environment among others, attracting a larger share of producers as well as investors has been driving the hydroponics market.
The agriculture sector is one of the oldest and the most established sector for any country’s economy. The idea of taking crops out of soil and growing in a completely soil-less medium is still surprising for the mass. Hydroponics is the fastest growing soil-less farming practice at a global level, wherein a tailored nutrient solution is used for the crop to attain its full growth with a superior quality in a sustainable manner. The technique introduced several advantages in terms of increased yield, higher returns on investment, and protected environment among others, attracting a larger share of producers as well as investors.
With the progressive integration of technology with agricultural practices there have been significant improvements in conventional farming practices, yield quantities, and associated returns on investments. However, in the past decade there has been constant degradation of natural resources such as land and water. This along with several other monetary reasons has led to an alarming need of switching to unconventional farming techniques, such as hydroponics, which does not depend on soil, fertile land, and water resources for cultivation.
Receive a Sample Report @ https://www.marketresearchfuture.com/sample_request/2453
Major Key Players:
The leading market players in hydroponics primarily are Village Farms International, Thanet Farms, Pegasus Agritech, James Foskett Farms. Terra Tech, Growlife, American Hydroponics and General Hydroponics.
Regional Analysis:
Hydroponics Market is segmented into Europe, North America, and Asia Pacific along with rest of the world (RoW). Among this Europe region is dominating the hydroponics market. Europe is an established market for hydroponics, whereas North America, primarily the U.S. and APAC, primarily India hold immense potential to grow significantly during the forecast years. The European region lead the global hydroponics market in 2014 with an estimated crop value of USD 9.8 billion and will continue with this dominance growing over USD 13.38 Billion by 2020 at an estimated CAGR of 5.28% through 2015 to 2020
Target Audience:
Greenhouse equipment manufacturers
Large scale vegetable producers
Horticulutural input companies
Retailers
Government organization
Key Findings:
The soil-less farming technique (hydroponics) is poised to grow over USD 27.29 Billion by 2022 at an estimated CAGR of 6.39% from 2015 to 2022
Hydroponic crop value in Europe will be lower than the global average at a steady 5.28% CAGR, growing from USD 9.8 Billion in 2014 to USD 13.38 Billion in 2022
Developing countries of Middle East and Africa will continue contributing smaller shares to the global hydroponic crop value through the forecast period
Tomatoes are the largest contributor to the global hydroponic crop value and will continue with this dominance during the forecast period
Access Report Details @ https://www.marketresearchfuture.com/reports/hydroponics-market-2453
Table of Content:
1 Executive Summary
2 Report Description
3 Introduction to Hydroponics
4 Global Hydroponics Market Snapshot
5 Hydroponics Industry Analysis
Continued….
Contact Information:
Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
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Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results