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...
Hydroponics Market to Witness Significant Growth through 2026
The increasing population and urbanization have led to a
decline in the arable land, globally. According to the United Nations
Department of Economic and Social Affairs, about 55% of the world’s population
lives in urban areas as of 2018, and that figure is expected to grow to 68% by
2050. Considering the overall growth in population, up to 2.5 billion
additional people are expected to be added...