Hydroponics Market: Trend, Forecast, Opportunity
The global hydroponics marketis estimated to account for a value of USD 9.5 billion in 2020 and is projected to grow at a CAGR 11.3% from 2020, to reach a value of USD 17.9 billion by 2026. The hydroponic system market is projected to witness significant growth due to the increasing need for components installed for crop cultivation, the input nutrient and grow media for hydroponic systems, and the...
Hydroponics Market – Analysis, Trends and Forecasts
The global hydroponics
market is estimated to be USD 9.5 billion in 2020 and is projected to
reach USD 17.9 billion by 2026. Hydroponics produce higher yields compared to
traditional farming, allow the growth of a high density of plants in the same
area, and have the ability to grow crops throughout the year. Smart greenhouses
offer different types of covering materials such as glass or plastic roof,...
Hydroponics Market: Insights & Forecast to 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...
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...
Attractive Opportunities In Hydroponics Market
Hydroponics Market
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...
Hydroponics Market – Growth, Trends, and Forecast (2019-2025)
The
report “Hydroponics Market by Type (Aggregate Systems, Liquid
Systems), Crop Type (Vegetables, Fruits, Flowers), Equipment (HVAC, Led Grow
Light, Irrigation Systems, Material Handling, Control Systems), Input, and
Region – Global Forecast to 2025″, published by MarketsandMarkets™. The
hydroponics market is projected to reach USD 16.0 billion by 2025, from USD 8.1
billion...
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...
Growing Hydroponics Market a Big Transformation for Agriculture
Thanks to the soaring population, the arable land for crop production is reducing day-by-day. This is where hydroponics makes an entry into the world of agriculture. Hydroponics is an agricultural method in which plants are grown without any use of soil. Instead, it makes use of mineral nutrient solutions in water for the plants absorb essential components in order to grow, thus eliminating the use...