Hydroponics Market: Growth, Trends, and Future Opportunities
The hydroponics market is undergoing a remarkable transformation as demand for sustainable, efficient, and high-yield farming solutions continues to soar. In 2022, the global hydroponic system market reached a value of USD 12.1 billion and is projected to grow significantly to USD 25.1 billion by 2027. At the same time, the global hydroponic crop market is valued at USD 37.7 billion (2022) and is...
Higher Yields Compared to Traditional Soil-Based Agriculture drives the Hydroponics Market
Hydroponics is a technique of growing plants with water and nutrients without the use of soil. This technique makes use of containers or specially designed benches with troughs to enable the suspension of plants in water. Hydroponic systems often use materials such as sand, pebbles, or sawdust as substrates that have high water-holding capacity. The roots grow within the substrates to secure the plant...