Hydroponics Market

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, Region – Global Forecast to 2025

Report Code: AGI 4075 Aug, 2020, by marketsandmarkets.com

[249 Pages Report] The market for hydroponic systems is estimated at USD 9.5 billion in 2020; it is projected to grow at a CAGR of 11.9% to reach USD 16.6 billion by 2025. The pressure on the agriculture industry to meet the growing demand for grains and food leads to the search for high-yielding farming techniques, such as precision farming and urban farming. Hydroponics thus is looked upon as a potential solution for the growing concern about food security in the coming years.

Hydroponics Market

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COVID-19 Impact on the Global Hydroponics Market

Amid the spread of Covid-19 pandemic, many individuals have developed a critical point of view towards outdoor food. With health and food safety becoming the key focus, the populations around the globe have showed an inclination towards home cooking and self-made/homemade meals. This has put the food and hotel industry into jeopardy. After the devastating outbreak of coronavirus pandemic, the adoption rate of urban hydroponic farming systems around the world are estimated to rise sharply. The agriculture industry faced challenges during the initial phases of the spread of the pandemic. There were huge labour shortages on the farm, some farmers missed their window of opportunity for harvesting for seasonal crops, the falling prices of agricultural products and the disruption of logistics. Many countries also realized their over dependence on imports of food materials and hence began emphasizing on internal and domestic productions.

Feed Hydroponics Market Dynamics

Driver: Higher yield as compared to conventional agriculture practices, emphasized even more after the outbreak of Covid-19 pandemic.

According to the UN reports on global population, plants grown in hydroponic systems have achieved 20%–25% higher yield than the traditional agriculture system, with its productivity being 2–5 times higher. Also, owing to controlled environmental conditions, the effect of climatic changes can be balanced with the help of these systems, thereby not affecting the annual crop production. CEH techniques directly affect the crop harvest cycle. Since climatic changes show a minimal effect on such systems, crops can be produced all year round, thereby again increasing the produce.

Restraint: High capital investment for large-scale farms

Different types of equipment including HVAC systems, fans, ventilation, irrigation systems, control systems, rails, and lights are the key cost factors in a hydroponic farm. On average, a 500 sq. ft. hydroponic farm can cost up to USD 110,000 for a base level system that is not fully automated. This huge cost for the initial set up of the system is a major factor refraining farmers from investing in these systems. However, the yield obtained from these systems are higher, and the produce can also be marketed as premium products, thereby raising the ROI for growers.

Opportunity: Development of innovative hydroponic technologies

With the increased adoption of hydroponics globally, manufacturers and researchers are working on improving the efficiency of hydroponics technology to increase the quality and quantity of the produce. Many companies in the market are investing heavily into R&D for obtaining state-of-art technologies that boost he porductions asnd also brong about variety of ciultivations possible. Startegic partnerships with research labs and institutes further drive the growth of the market.

Challenge: Spread of waterborne diseases and algae in closed systems

In a closed hydroponic system, the threat of waterborne diseases poses a major problem to growers. Considering that the nutrient-enriched water is recirculated throughout the system, any kind of waterborne disease that enters the nutrient reservoir often affects the whole crop as it has the capability to spread throughout. Growers often keep their plants spaced out to prevent crowding, which is often how pathogens enter the system. To combat the instances of waterborne diseases, growers are resorting to using screen or paper filters and additional filtration systems to curb the spread of waterborne diseases in the system.

The liquid sub-segment is estimated to account for the highest market share in the by type segment for hydroponics market .

Liquid systems have been proved to be efficient and also cost-effective in comparison to basic models. The initial cost associated with the setup of hydroponic systems is exorbitant, which is also one of the major restraints of this industry. However, the economics of liquid systems are observed to be feasible, since all liquid systems operate in a closed mode, which reduces the cost of nutrient solution. Also, in comparison with the closed model of aggregate systems, liquid systems show higher productivity, and hence, the majority of the growers have been installing liquid systems for their crop production.

By Equipment , the HVAC system is estimated to occupy the largest market share in Hydroponics market.

Heating, Ventilation & Air Conditioning or HVAC plays a key role in the development of indoor growers, as the system is responsible for cooling, dehumidification, and maintaining the optimum temperature inside the facility. HVAC systems are essential for the operation of hydroponic and aeroponic farms and should be reliable and well-controlled. Further the economic costs of the system over other equipment and utilities that go into hydroponics the HVAC is estimated to experience an increasing demand.

The nutrients sub-segment is estimated to observe the fastest growth in the by input segment of hydroponics market over the forecst period.

As the crops under hydroponics grow without soil, the need for external nutrients is very high for hydroponic-based crops. With the increase in the use of soilless growing techniques in hydroponics, most of the crops are directly grown with the roots in the nutrient medium. This leads to an increase in demand for nutrients in this industry.

By crop type, the fruits sub-segment is projected to grow at the fatsest CAGR in the hydroponics market until 2025.

Fruits grown using hydroponics can be grown and harvested throughout the year due to the interior conditions of the greenhouse or indoor farming unit. Water-adaptable fruits such as watermelon, cantaloupe, and tomatoes are among the ideal choice for farmers as they are easier to grow using hydroponic methods. With more and more varieties of frutis taken under cultivation in the hydroponics the market is estimated to grow faster.

Hydroponics Market   by Region

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The increasing adoption of hydroponics and vertical farming systems in the European, accounted for the highest market share in the region.

Europe has traditionally been at the forefront of implementing advanced techniques in hydroponic smart greenhouse horticulture. Countries such as the Netherlands, Spain, and France have large areas under greenhouse cultivation. However, in the Netherlands, the growers mostly cultivate their plants in simple tunnel-like greenhouses without the use of climate control technologies. Advancement in greenhouse farming has supported the growth of hydroponics in Europe. According to national government statistics, the adoption of hydroponics has been witnessed to be the highest across all European countries.Thus the market is highly developed in the region.

Key Market Players

Key players in this market include include major players such as Signify Holdings (Netherlands), Argus Control Systems (Canada), Heliospectra AB (Sweden), Scotts Miracle Gro (US), American Hydroponics (US), LumiGrow (US), Emerald Harvest (US), Hydroponic Systems International (Spain), Advanced Nutrients (Canada), Vitalink (UK), Hydrodynamics International (Spain), Logiqs B.V (Netherlands), Grobo (US), and American Hydroponics (US). These major players in this market are focusing on increasing their presence through expansions & investments, mergers & acquisitions, partnerships, joint ventures, and agreements. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Scope of the report

Report Metric

Details

Market size estimation

2016–2025

Base year considered

2019

Forecast period considered

2020–2025

Units considered

Value (USD) & Volume (KT)

Segments covered

Type, Equipment, Input, Crop Type and Region

Regions covered

North America, Asia Pacific, Europe, and RoW

Companies studied

The major market players include Signify Holdings (Netherlands), Argus Control Systems (Canada), Heliospectra AB (Sweden), Scotts Miracle Gro (US), American Hydroponics (US), LumiGrow (US), Emerald Harvest (US), Hydroponic Systems International (Spain), Advanced Nutrients (Canada), Vitalink (UK), Hydrodynamics International (Spain), Logiqs B.V (Netherlands), Grobo (US), and American Hydroponics (US). (Total 25 companies)

This research report categorizes the hydroponics market based on Type, Equipment, Inputs, Crop Type and Region.

On the basis of type, the hydroponics market has been segmented as follows:

  • Aggregate Systems
    • Ebb & Flow Systems
    • Drip Systems
    • Wick Systems
  • Liquid Systems
    • Deep Water Culture
    • Nutrient Film Technique
    • Aeroponics

On the basis of equipment, the hydroponics market has been segmented as follows:

  • HVAC
  • LED Grow Lights
  • Irrigation Systems
  • Material Handling
  • Control Systems
  • Others

On the basis of input, the hydroponics market has been segmented as follows:

  • Nutrients
    • NPK
    • Trace Minerals
    • Others
  • Grow Media
    • Rockwool
    • Perlite & Vermiculite
    • Coco Fiber
    • Others

On the basis of crop type, the hydroponics market has been segmented as follows:

  • Vegetables
    • Fruits
    • Flowers
    • Others

On the basis of region, the hydroponics market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • Rest of World (RoW)*

*Rest of the World (RoW) includes Brazil, South Africa, UAE, Israel and Other countries in RoW.

Recent Developments

  • In May 2020, InFarm recently started its new outlet in Netherlands at Nijmegen. The facility will built at various locations such as supermarkets, restaurants and distribution centers so that vegetables are grown and harvested at areas close to point of purchase.
  • In April 2020, Scotts Miracle moved its operations of Temecula, California manufacturing plant to produce face shields, due to shortage of personal protective equipment’s so as to contribute to the fight against Covid-19 outbreak.
  • In April 2020, Aerofarms has intiated the establishment of a the biggest Aerofarms center which be the largest of its kind spread across 90,000 sqft. The facility is dedicated fore sate-of-art R&D equipments and commercialisation of locally demanded crops.
  • In November 2019, Aerospace invested USD 42 Million for building the largest indoor farming facility at Cane Creek Center, a joint industrial park for City of Danville and Pittsylvania County.
  • In August 2019, Terra Tech Corp has commenced the operation of constructiing its brand new facility at Santa Ana, CA, US. The faility will be a large scale one of a kind cannabis complex aimed at benefitting the company’s sales by the highy polpulation and traffic benefit.
  • In August 2019, LumiGrow Inc. launched a new TopLight Hybrid smart fixture. The Hybrids will enable users to benefit from the enriched white spectrum, which is completely wireless and can be controlled via SmartPAR software of the company.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 34)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
           FIGURE 1 HYDROPONICS MARKET SEGMENTATION
    1.4 REGIONAL SEGMENTATION
    1.5 PERIODIZATION CONSIDERED
    1.6 CURRENCY CONSIDERED
           TABLE 1 USD EXCHANGE RATE, 2014–2019
    1.7 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 40)
    2.1 RESEARCH DATA
           FIGURE 2 HYDROPONICS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key industry insights
                    2.1.2.2 Breakdown of primary interviews
                               FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
    2.2 MARKET SIZE ESTIMATION
           FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (HYDROPONIC CROP PRODUCE)
           FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (HYDROPONIC SYSTEMS AND INPUT)
           FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH (HYDROPONIC CROP MARKET)
    2.3 DATA TRIANGULATION
           FIGURE 7 DATA TRIANGULATION METHODOLOGY
    2.4 RESEARCH ASSUMPTIONS
    2.5 LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 48)
    FIGURE 8 HYDROPONIC SYSTEMS MARKET SHARE, BY TYPE, 2020 VS. 2025
    FIGURE 9 HYDROPONICS MARKET SHARE, BY INPUT, 2020
    FIGURE 10 HYDROPONIC CROPS MARKET, BY CROP TYPES, 2020
    FIGURE 11 HYDROPONIC SYSTEMS MARKET: REGIONAL SNAPSHOT

4 PREMIUM INSIGHTS (Page No. - 53)
    4.1 OPPORTUNITIES IN THE HYDROPONICS MARKET
           FIGURE 12 INCREASING ADOPTION OF GREENHOUSE HORTICULTURE SUPPORTS THE GROWTH OF THE HYDROPONICS MARKET
    4.2 HYDROPONIC SYSTEMS MARKET, BY TYPE
           FIGURE 13 LIQUID HYDROPONIC SYSTEMS HAVE BEEN GAINING POPULARITY FOR VEGETABLE CULTIVATION IN 2020
    4.3 EUROPE: HYDROPONIC CROPS MARKET
           FIGURE 14 EUROPE: THE NETHERLANDS WAS ONE OF THE MAJOR CONSUMERS ACROSS THE GLOBE IN 2020
    4.4 HYDROPONIC INPUTS MARKET, BY INPUT TYPE & REGION
           FIGURE 15 EUROPE RECORDED THE LARGEST MARKET SHARE FOR AMINO ACID-BASED HYDROPONICS IN 2020
    4.5 HYDROPONIC CROPS MARKET, BY KEY COUNTRY
           FIGURE 16 ASIAN COUNTRIES ARE PROJECTED TO WITNESS HIGH GROWTH DURING THE FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 56)
    5.1 INTRODUCTION
    5.2 MACROECONOMIC INDICATORS
           5.2.1 INCREASING POPULATION
                    FIGURE 17 POPULATION GROWTH TREND, 1950–2050
           5.2.2 INCREASING RATES OF URBANIZATION AND DECLINE IN ARABLE LAND
                    FIGURE 18 PERCENTAGE OF LAND USED FOR AGRICULTURE, 1990–2016
                    FIGURE 19 MOST URBANIZED REGIONS, 2018
    5.3 MARKET DYNAMICS
           FIGURE 20 HYDROPONICS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.3.1 DRIVERS
                    5.3.1.1 Higher yield as compared to conventional agriculture practices emphasized even more after the outbreak of Covid-19 pandemic
                               TABLE 2 YIELD OF CROPS, SOIL CULTIVATION VS. HYDROPONICS (LBS/ACRE)
                    5.3.1.2 Controlled environment farming helps eliminate the effect of external factors on crop growth
                               FIGURE 21 HARVESTED AREA OF GREENHOUSE VEGETABLES, 2012–2016 (HA)
                    5.3.1.3 Hydroponic systems help conserve natural resources
                               5.3.1.3.1 Improved yield and higher productivity with limited land resources
                               5.3.1.3.2 Lower water utilization as against conventional farming methods
           5.3.2 RESTRAINTS
                    5.3.2.1 High capital investment for large-scale farms
                    5.3.2.2 Lack of government policy and tax breaks in developing countries
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Development of innovative hydroponic technologies
                    5.3.3.2 Entrance of new players in the market
                    5.3.3.3 Increasing application of hydroponic systems in restaurants and grocery stores since the Covid-19 pandemic
                    5.3.3.4 Significant growth in organic food demand estimated during and after the pandemic
                               FIGURE 22 COUNTRIES WITH THE HIGHEST CONSUMPTION OF ORGANIC FOOD PER CAPITA, 2015
                    5.3.3.5 Increased demand for cannabis, despite the Covid-19 outbreak, is projected to fuel the demand for hydroponics
           5.3.4 CHALLENGES
                    5.3.4.1 High prices of hydroponically grown produce
                    5.3.4.2 Spread of waterborne diseases and algae in closed systems
    5.4 PRE & POST COVID-19 IMPACT ON THE HYDROPONICS MARKET
           FIGURE 23 PRE & POST COVID-19 IMPACT ON THE HYDROPONICS MARKET:
    5.5 PATENT ANALYSIS
           FIGURE 24 NUMBER OF PATENTS APPROVED FOR HYDROPONICS, BY KEY COMPANY, 2016–2019
           FIGURE 25 REGIONAL ANALYSIS: PATENT APPROVAL FOR HYDROPONICS, 2015–2019
           TABLE 3 LIST OF IMPORTANT PATENTS FOR HYDROPONICS, 2018–2019

6 HYDROPONIC SYSTEMS MARKET, BY TYPE (Page No. - 75)
    6.1 INTRODUCTION
           FIGURE 26 HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION)
           TABLE 4 HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
           TABLE 5 HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
    6.2 AGGREGATE SYSTEMS
           TABLE 6 AGGREGATE SYSTEMS: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
           TABLE 7 AGGREGATE SYSTEMS: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
           TABLE 8 AGGREGATE SYSTEMS: HYDROPONIC SYSTEMS MARKET SIZE, BY SUB-TYPE, 2016–2019 (USD MILLION)
           TABLE 9 AGGREGATE SYSTEMS: HYDROPONIC SYSTEMS MARKET SIZE, BY SUB-TYPE, 2020–2025 (USD MILLION)
           6.2.1 THE EBB AND FLOW SYSTEM
                    6.2.1.1 Ebb and flow systems are majorly operated for berry production in the developing countries
                               TABLE 10 EBB AND FLOW SYSTEM: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
                               TABLE 11 EBB AND FLOW SYSTEM: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
           6.2.2 DRIP SYSTEM
                    6.2.2.1 The drip system is the most water-efficient irrigation technique in crop cultivation
                               TABLE 12 DRIP SYSTEM: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
                               TABLE 13 DRIP SYSTEM: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
           6.2.3 WICK SYSTEM
                    6.2.3.1 The demand for wick systems has been diminishing with the emergence of the ebb and flow aggregate systems
                               TABLE 14 WICK SYSTEM: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
                               TABLE 15 WICK SYSTEM: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
    6.3 LIQUID HYDROPONIC SYSTEMS
           TABLE 16 LIQUID SYSTEMS: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
           TABLE 17 LIQUID SYSTEMS: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
           TABLE 18 LIQUID SYSTEMS: HYDROPONIC SYSTEMS MARKET SIZE, BY SUB-TYPE, 2016–2019 (USD MILLION)
           TABLE 19 LIQUID SYSTEMS: HYDROPONIC SYSTEMS MARKET SIZE, BY SUB-TYPE, 2020–2025 (USD MILLION)
           6.3.1 DEEP WATER CULTURE
                    6.3.1.1 The concept of hybrid farming has propelled the growth opportunities for deep water culture systems
                               TABLE 20 DEEP WATER CULTURE SYSTEMS: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
                               TABLE 21 DEEP WATER CULTURE SYSTEMS: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
           6.3.2 NUTRIENT-FILM TECHNIQUE (NFT)
                    6.3.2.1 Highly preferred hydroponic systems for vegetable cultivation across the globe
                               TABLE 22 NUTRIENT FILM TECHNIQUE: HYDROPONIC SYSTEMS MARKET SIZE,  BY REGION, 2016–2019 (USD MILLION)
           6.3.3 AEROPONICS
                    6.3.3.1 The high cost of these systems has been restricting its adoption
                               TABLE 23 AEROPONICS: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
                               TABLE 24 AEROPONICS: HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
           6.3.4 COVID-19 IMPACT ON THE HYDROPONIC SYSTEMS MARKET

7 HYDROPONIC SYSTEMS MARKET, BY EQUIPMENT (Page No. - 88)
    7.1 INTRODUCTION
           FIGURE 27 HYDROPONIC SYSTEMS MARKET SIZE, BY EQUIPMENT, 2020 VS. 2025 (USD MILLION)
           TABLE 25 HYDROPONIC SYSTEMS MARKET SIZE, BY EQUIPMENT, 2016-2019 (USD MILLION)
           TABLE 26 HYDROPONIC SYSTEMS MARKET SIZE, BY EQUIPMENT, 2020-2025 (USD MILLION)
    7.2 HVAC
           7.2.1 VARIOUS REGIONAL CLIMATES AND INCREASING ADOPTION OF URBAN FARMING DRIVES THE DEMAND FOR HVAC SYSTEMS
    7.3 LED GROW LIGHT
           7.3.1 LED GROW LIGHT IS ONE OF THE HIGH-COST EQUIPMENT IN A HYDROPONIC SYSTEM
    7.4 CONTROL SYSTEMS
           7.4.1 INCREASING SCOPE FOR AUTOMATION AND SMART FARMING IS PROJECTED TO CREATE GROWTH OPPORTUNITIES FOR CONTROL SYSTEMS
    7.5 IRRIGATION SYSTEMS
           7.5.1 DECREASING ARABLE LAND AND FOCUS ON URBAN HYDROPONIC FARMING TO DRIVE THE DEMAND FOR IRRIGATION SYSTEMS
    7.6 MATERIAL HANDLING
           7.6.1 INCREASING FOCUS ON SHORTENING THE SUPPLY CHAIN THROUGH FARM-TO-FORK CONCEPT TO DRIVE THE DEMAND FOR MATERIAL HANDLING SYSTEMS
    7.7 OTHERS
    7.8 COVID-19 IMPACT ON THE EQUIPMENT TYPE SEGMENT IN THE HYDROPONICS MARKET

8 HYDROPONIC INPUTS MARKET, BY INPUT TYPE (Page No. - 94)
    8.1 INTRODUCTION
           FIGURE 28 HYDROPONIC INPUTS MARKET SIZE, BY INPUT TYPE, 2020 VS. 2025 (USD MILLION)
           TABLE 27 HYDROPONIC INPUTS MARKET SIZE, BY INPUT TYPE, 2016–2019 (USD MILLION)
           TABLE 28 HYDROPONIC INPUTS MARKET SIZE, BY INPUT TYPE, 2020–2025 (USD MILLION)
    8.2 NUTRIENTS
           TABLE 29 NUTRIENT: HYDROPONIC INPUTS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
           TABLE 30 NUTRIENT: HYDROPONIC INPUTS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
           TABLE 31 HYDROPONIC INPUTS MARKET SIZE, BY NUTRIENT, 2016–2019 (USD MILLION)
           TABLE 32 HYDROPONIC INPUTS MARKET SIZE, BY NUTRIENT, 2020–2025 (USD MILLION)
           8.2.1 NPK
                    8.2.1.1 NPK nutrients are the essential nutrients provided in all hydroponic systems irrespective of crop grown
           8.2.2 TRACE MINERALS
                    8.2.2.1 Emergence of organic farming in hydroponics might affect the demand for trace minerals
           8.2.3 OTHERS
    8.3 GROW MEDIA
           TABLE 33 GROW MEDIA: HYDROPONIC INPUTS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
           TABLE 34 GROW MEDIA: HYDROPONIC INPUTS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
           TABLE 35 HYDROPONIC INPUTS MARKET SIZE, BY GROW MEDIA, 2016–2019 (USD MILLION)
           TABLE 36 HYDROPONIC INPUTS MARKET, BY GROW MEDIA, 2020–2025 (USD MILLION)
           8.3.1 ROCKWOOL
                    8.3.1.1 Rockwool is majorly used as a support for plant growth in hydroponic systems
           8.3.2 PERLITE & VERMICULITE
                    8.3.2.1 Perlite & vermiculite are used in conjunction with coco peat during the nursery stage of any crop
           8.3.3 COCO FIBER
                    8.3.3.1 Low cost of coco fiber has been driving the demand in developing countries
           8.3.4 OTHERS

9 HYDROPONIC CROPS MARKET, BY CROP TYPE (Page No. - 102)
    9.1 INTRODUCTION
           FIGURE 29 HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020 VS. 2025 (USD MILLION)
           TABLE 37 HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
           TABLE 38 HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
    9.2 VEGETABLES
           TABLE 39 HYDROPONIC CROPS MARKET SIZE IN VEGETABLE CULTIVATION, BY REGION, 2016–2019 (USD MILLION)
           TABLE 40 HYDROPONIC CROPS MARKET SIZE IN VEGETABLE CULTIVATION, BY REGION, 2020–2025 (USD MILLION)
           TABLE 41 HYDROPONIC CROPS MARKET SIZE IN VEGETABLE CULTIVATION, BY TYPE, 2016–2019 (USD MILLION)
           TABLE 42 HYDROPONIC CROPS MARKET SIZE IN VEGETABLE CULTIVATION, BY TYPE, 2020–2025 (USD MILLION)
           9.2.1 TOMATO
                    9.2.1.1 Over 90% of the greenhouse tomatoes produced in Canada and the Netherlands are grown hydroponically
           9.2.2 LEAFY GREENS
                    9.2.2.1 Hydroponic and indoor-grown lettuce account for around 4-5% of the US lettuce production
           9.2.3 CUCUMBER
                    9.2.3.1 Hydroponic cultivation of cucumbers have been increasing in North American countries
           9.2.4 PEPPERS
                    9.2.4.1 Turkey has witnessed an exponential growth in pepper production hydroponically over the past ten years
           9.2.5 OTHERS
    9.3 FRUITS
           9.3.1 RISE IN DEMAND AND YEAR-LONG HARVEST BENEFITS SUPPLEMENT HYDROPONIC FRUIT GROWTH
                    TABLE 43 HYDROPONIC CROPS MARKET SIZE IN FRUIT CULTIVATION, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 44 HYDROPONIC CROPS MARKET SIZE IN FRUIT CULTIVATION, BY REGION, 2020–2025 (USD MILLION)
    9.4 FLOWERS
           9.4.1 HYDROPONIC ADOPTION FOR FLOWERS HAS BEEN THE HIGHEST IN THE NETHERLANDS
                    TABLE 45 HYDROPONIC CROPS MARKET SIZE IN FLOWER CULTIVATION, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 46 HYDROPONIC CROPS MARKET SIZE IN FLOWER CULTIVATION, BY REGION, 2020–2025 (USD MILLION)
    9.5 OTHERS
           TABLE 47 HYDROPONIC CROPS MARKET SIZE IN OTHER CROP CULTIVATION, BY REGION, 2016–2019 (USD MILLION)
           TABLE 48 HYDROPONIC CROPS MARKET SIZE IN OTHER CROP CULTIVATION, BY REGION, 2020–2025 (USD MILLION)

10 GLOBAL HYDROPONICS MARKET, BY REGION (Page No. - 112)
     10.1 INTRODUCTION
               FIGURE 30 ASIA PACIFIC COUNTRIES TO WITNESS SIGNIFICANT MARKET GROWTH IN HYDROPONIC CROPS (2020–2025)
               TABLE 49 HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2016–2017 (USD MILLION)
               TABLE 50 HYDROPONIC SYSTEMS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
               TABLE 51 HYDROPONIC INPUTS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
               TABLE 52 HYDROPONIC INPUTS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
               TABLE 53 HYDROPONIC CROPS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
               TABLE 54 HYDROPONIC CROPS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
     10.2 NORTH AMERICA
               TABLE 55 NORTH AMERICA: HYDROPONIC SYSTEMS MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
               TABLE 56 NORTH AMERICA: HYDROPONIC SYSTEMS MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
               TABLE 57 NORTH AMERICA: HYDROPONIC CROPS MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
               TABLE 58 NORTH AMERICA: HYDROPONIC CROPS MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
               TABLE 59 NORTH AMERICA: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
               TABLE 60 NORTH AMERICA: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
               TABLE 61 NORTH AMERICA: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
               TABLE 62 NORTH AMERICA: HYDROPONIC CROPS MARKET SIZE, CROP TYPE, 2020–2025 (USD MILLION)
             10.2.1 US
                       10.2.1.1 Hydroponic lettuce production accounts 4-5% of the total lettuce produced in the country
                                   TABLE 63 US: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 64 US: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 65 US: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 66 US: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.2.2 CANADA
                       10.2.2.1 Tomatoes are widely grown in Canada using hydroponic techniques
                                   TABLE 67 CANADA: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 68 CANADA: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 69 CANADA: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2018–2019 (USD MILLION)
                                   TABLE 70 CANADA: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE , 2020–2025 (USD MILLION)
             10.2.3 MEXICO
                       10.2.3.1 Tomatoes are grown in almost 70% of the Mexican greenhouse area of vegetables
                                   TABLE 71 MEXICO: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 72 MEXICO: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 73 MEXICO: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLIONS)
                                   TABLE 74 MEXICO: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLIONS)
             10.2.4 COVID-19 IMPACT ON THE HYDROPONIC SYSTEMS MARKET IN THE NORTH AMERICAN REGION
     10.3 EUROPE
               FIGURE 31 EUROPE: REGIONAL SNAPSHOT
               TABLE 75 EUROPE: HYDROPONIC SYSTEMS MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
               TABLE 76 EUROPE: HYDROPONIC SYSTEMS MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
               TABLE 77 EUROPE: HYDROPONIC CROPS MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
               TABLE 78 EUROPE: HYDROPONIC CROPS MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
               TABLE 79 EUROPE: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
               TABLE 80 EUROPE: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
               TABLE 81 EUROPE: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
             10.3.1 NETHERLANDS
                       10.3.1.1 Hi-tech agricultural practices in the Netherlands supports the growth of hydroponics in the country
                                   TABLE 82 NETHERLANDS: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 83 NETHERLANDS: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 84 NETHERLANDS: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 85 NETHERLANDS: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.3.2 SPAIN
                       10.3.2.1 Use of hydroponics in Almeria drives the overall hydroponic market in Spain
                                   TABLE 86 SPAIN: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 87 SPAIN: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 88 SPAIN: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 89 SPAIN: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.3.3 ITALY
                       10.3.3.1 Sustainability is the major concern for Italian agriculture
                                   TABLE 90 ITALY: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 91 ITALY: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 92 ITALY: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 93 ITALY: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.3.4 FRANCE
                       10.3.4.1 France still focuses on traditional farming practices
                                   TABLE 94 FRANCE: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 95 FRANCE: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 96 FRANCE: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 97 FRANCE: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.3.5 POLAND
                       10.3.5.1 Poland shows a high potential for greenhouse and hydroponics in the near future
                                   TABLE 98 POLAND: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 99 POLAND: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 100 POLAND: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 101 POLAND: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.3.6 TURKEY
                       10.3.6.1 Increasing protected cultivation supports the growth of hydroponics in Turkey
                                   TABLE 102 TURKEY: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 103 TURKEY: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2020 (USD MILLION)
                                   TABLE 104 TURKEY: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 105 TURKEY: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.3.7 REST OF EUROPE
                       TABLE 106 REST OF EUROPE: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                       TABLE 107 REST OF EUROPE: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                       TABLE 108 REST OF EUROPE: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                       TABLE 109 REST OF EUROPE: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.3.8 COVID-19 IMPACT ON THE HYDROPONICS MARKET IN THE EUROPEAN REGION
     10.4 ASIA PACIFIC
               FIGURE 32 ASIA PACIFIC: MARKET SNAPSHOT
               TABLE 110 ASIA PACIFIC: HYDROPONIC SYSTEMS MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
               TABLE 111 ASIA PACIFIC: HYDROPONIC SYSTEMS MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
               TABLE 112 ASIA PACIFIC: HYDROPONIC CROPS MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
               TABLE 113 ASIA PACIFIC: HYDROPONIC CROPS MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
               TABLE 114 ASIA PACIFIC: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
               TABLE 115 ASIA PACIFIC: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
               TABLE 116 ASIA PACIFIC: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
               TABLE 117 ASIA PACIFIC: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.4.1 CHINA
                       10.4.1.1 Increase in population and government intervention drives initiatives for hydroponic adoption in China
                                   TABLE 118 CHINA: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 119 CHINA: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE,  2020–2025 (USD MILLION)
                                   TABLE 120 CHINA: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 121 CHINA: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.4.2 INDIA
                       10.4.2.1 High rates of urbanization and an increase in demand for food to bolster support for hydroponic farming in India
                                   TABLE 122 INDIA: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 123 INDIA: HYDROPONIC SYSTEMS S MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 124 INDIA: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 125 INDIA: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.4.3 JAPAN
                       10.4.3.1 Increased concerns over lowering the cost of leafy greens by mass production have led to the adoption of HYDROPONIC SYSTEMS in the country
                                   TABLE 126 JAPAN: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 127 JAPAN: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 128 JAPAN: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 129 JAPAN: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.4.4 AUSTRALIA & NEW ZEALAND
                       10.4.4.1 Harsh climatic conditions and freshwater scarcity supplement growth of hydroponic vegetables in Australia & New Zealand
                                   TABLE 130 AUSTRALIA & NEW ZEALAND: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 131 AUSTRALIA & NEW ZEALAND: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 132 AUSTRALIA & NEW ZEALAND: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 133 AUSTRALIA & NEW ZEALAND: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.4.5 SOUTH KOREA
                       10.4.5.1 Small agriculture field size has led to increased adoption of hydroponics in the region
                                   TABLE 134 SOUTH KOREA: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 135 SOUTH KOREA: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 136 SOUTH KOREA: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 137 SOUTH KOREA: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.4.6 REST OF ASIA PACIFIC
                       TABLE 138 REST OF ASIA PACIFIC: HYDROPONIC SYSTEM MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                       TABLE 139 REST OF ASIA PACIFIC: HYDROPONIC SYSTEM MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                       TABLE 140 REST OF ASIA PACIFIC: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                       TABLE 141 REST OF ASIA PACIFIC: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.4.7 COVID-19 IMPACT ON THE HYDROPONICS MARKET IN ASIA PACIFIC
     10.5 ROW
               TABLE 142 ROW: HYDROPONIC SYSTEMS MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
               TABLE 143 ROW: HYDROPONIC SYSTEMS MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
               TABLE 144 ROW: HYDROPONIC CROPS MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
               TABLE 145 ROW: HYDROPONIC CROPS MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
               TABLE 146 ROW: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
               TABLE 147 ROW: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
               TABLE 148 ROW: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
               TABLE 149 ROW: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.5.1 BRAZIL
                       10.5.1.1 High adoption rate of indoor farming is projected to increase the demand for hydroponics in the country
                                   TABLE 150 BRAZIL: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 151 BRAZIL: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 152 BRAZIL: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 153 BRAZIL: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.5.2 SOUTH AFRICA
                       10.5.2.1 Increased government initiatives are projected to drive the demand for hydroponics in Africa
                                   TABLE 154 SOUTH AFRICA: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 155 SOUTH AFRICA: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 156 SOUTH AFRICA: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 157 SOUTH AFRICA: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.5.3 ISRAEL
                       10.5.3.1 Innovations in hydroponic technologies to drive hydroponics adoption in Israel
                                   TABLE 158 ISRAEL: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 159 ISRAEL: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 160 ISRAEL: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 161 ISRAEL: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.5.4 UAE
                       10.5.4.1 Lack of food security and increasing imports drives the demand for hydroponic in the UAE
                                   TABLE 162 UAE: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                                   TABLE 163 UAE: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                                   TABLE 164 UAE: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                                   TABLE 165 UAE: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.5.5 OTHERS
                       TABLE 166 OTHERS: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
                       TABLE 167 OTHERS: HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
                       TABLE 168 OTHERS: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2016–2019 (USD MILLION)
                       TABLE 169 OTHERS: HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE, 2020–2025 (USD MILLION)
             10.5.6 COVID-19 IMPACT ON THE HYDROPONICS MARKET IN REST OF THE WORLD

11 COMPETITIVE LANDSCAPE (Page No. - 176)
     11.1 OVERVIEW
     11.2 COMPETITIVE LEADERSHIP MAPPING
             11.2.1 DYNAMIC DIFFERENTIATORS
             11.2.2 INNOVATORS
             11.2.3 VISIONARY LEADERS
             11.2.4 EMERGING COMPANIES
                       FIGURE 33 HYDROPONICS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2019
                       FIGURE 34 KEY DEVELOPMENTS OF THE LEADING PLAYERS IN THE HYDROPONICS MARKET, 2014 –2020
     11.3 COMPETITIVE LEADERSHIP MAPPING (FOR CROP PRODUCERS)
             11.3.1 INNOVATORS
             11.3.2 VISIONARY LEADERS
             11.3.3 EMERGING COMPANIES
             11.3.4 DYNAMIC DIFFERENTIATORS
                       FIGURE 35 HYDROPONICS MARKET: COMPETITIVE LEADERSHIP MAPPING FOR CROP PRODUCERS, 2019
     11.4 COMPETITIVE SCENARIO
             11.4.1 NEW PRODUCT LAUNCHES
                       TABLE 170 NEW PRODUCT LAUNCHES, 2014 –2019
             11.4.2 EXPANSIONS & INVESTMENTS
                       TABLE 171 EXPANSIONS & INVESTMENTS, 2014 - 2020
             11.4.3 ACQUISITIONS
                       TABLE 172 ACQUISITIONS, 2014 –2019
             11.4.4 PARTNERSHIPS
                       TABLE 173 PARTNERSHIPS, 2014–2019

12 COMPANY PROFILES (Page No. - 186)
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
     12.1 SYSTEM INPUT COMPANIES
             12.1.1 SIGNIFY HOLDING
                       FIGURE 36 SIGNIFY HOLDING: COMPANY SNAPSHOT
                       FIGURE 37 SIGNIFY HOLDING: SWOT ANALYSIS
             12.1.2 HELIOSPECTRA AB
                       FIGURE 38 HELIOSPECTRA: COMPANY SNAPSHOT
                       FIGURE 39 HELIOSPECTRA: SWOT ANALYSIS
             12.1.3 SCOTTS MIRACLE GRO
                       FIGURE 40 SCOTTS MIRACLE GRO: COMPANY SNAPSHOT
             12.1.4 ARGUS CONTROL SYSTEMS
                       FIGURE 41 ARGUS CONTROL SYSTEMS: SWOT ANALYSIS
             12.1.5 LOGIQS B.V.
             12.1.6 LUMIGROW
             12.1.7 HYDROPONIC SYSTEM INTERNATIONAL
             12.1.8 HYDRODYNAMICS INTERNATIONAL
             12.1.9 AMERICAN HYDROPONICS
             12.1.10 ADVANCED NUTRIENTS
             12.1.11 EMERALD HARVEST
             12.1.12 VITALINK
             12.1.13 GROBO INC.
     12.2 HYDROPONIC CROP PRODUCERS
             12.2.1 AEROFARMS
             12.2.2 TERRA TECH CORP
                       FIGURE 42 TERRA TECH CORP COMPANY SNAPSHOT
             12.2.3 TRITON FOODWORKS PVT. LTD.
             12.2.4 FREIGHT FARMS
             12.2.5 GREEN SENSE FARMS
             12.2.6 EMIRATES HYDROPONIC FARM
             12.2.7 GOTHAM GREENS
             12.2.8 NATURE’S MIRACLE
             12.2.9 BRIGHT FARMS
             12.2.10 SPROUTSIO
             12.2.11 INFARM
             12.2.12 BADIA FARMS

*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.

13 ADJACENT & RELATED MARKETS (Page No. - 226)
     13.1 INTRODUCTION
     13.2 LIMITATIONS
     13.3 SMART GREENHOUSE MARKET
             13.3.1 MARKET DEFINITION
             13.3.2 MARKET OVERVIEW
                       FIGURE 43 SMART GREENHOUSE MARKET IS ESTIMATED TO HAVE A HIGH GROWTH DURING THE FORECAST PERIOD.
     13.4 SMART GREENHOUSE MARKET, BY TYPE
             13.4.1 INTRODUCTION
                       TABLE 174 SMART GREENHOUSE MARKET, BY TYPE, 2017–2025 (USD MILLION)
             13.4.2 HYDROPONICS
                       TABLE 175 HYDROPONICS SMART GREENHOUSE MARKET, BY REGION, 2017–2025 (USD MILLION)
             13.4.3 NON- HYDROPONIC
                       TABLE 176 NON-HYDROPONICS SMART GREENHOUSE MARKET, BY REGION, 2017–2025 (USD THOUSAND)
     13.5 SMART GREENHOUSE MARKET, BY COMPONENT
             13.5.1 INTRODUCTION
                       TABLE 177 SMART GREENHOUSE MARKET, BY COMPONENT, 2017–2025 (USD MILLION)
             13.5.2 HVAC
                       TABLE 178 SMART GREENHOUSE HVAC SYSTEMS MARKET, BY REGION, 2017–2025 (USD MILLION)
             13.5.3 LED GROW LIGHTS
                       TABLE 179 SMART GREENHOUSE LED GROW LIGHTS MARKET, BY REGION, 2017–2025 (USD MILLION)
             13.5.4 CONTROL SYSTEMS & SENSORS
                       TABLE 180 SMART GREENHOUSE CONTROL SYSTEMS & SENSORS MARKET, BY REGION, 2017–2025 (USD MILLION)
     13.6 SMART GREENHOUSE MARKET, BY REGION
             13.6.1 INTRODUCTION
                       TABLE 181 SMART GREENHOUSE MARKET, BY REGION, 2017–2025 (USD MILLION)
             13.6.2 NORTH AMERICA
                       TABLE 182 SMART GREENHOUSE MARKET IN NORTH AMERICA, BY TYPE, 2017–2025 (USD MILLION)
             13.6.3 EUROPE
                       TABLE 183 SMART GREENHOUSE MARKET IN EUROPE, BY TYPE, 2017–2025 (USD MILLION)
             13.6.4 ASIA PACIFIC
                       TABLE 184 SMART GREENHOUSE MARKET IN APAC, BY TYPE, 2017–2025 (USD MILLION)
             13.6.5 REST OF THE WORLD
                       TABLE 185 SMART GREENHOUSE MARKET IN ROW, BY TYPE,  2017–2025 (USD THOUSAND)
     13.7 INDOOR FARMING TECHNOLOGY MARKET
     13.8 LIMITATIONS
     13.9 MARKET DEFINITION
     13.10 MARKET OVERVIEW
               FIGURE 44 INDOOR FARMING TECHNOLOGY MARKET IS ESTIMATED TO HAVE A HIGH GROWTH DURING THE FORECAST PERIOD.
     13.11 INDOOR FARMING TECHNOLOGY MARKET, BY GROWING SYSTEM
               TABLE 186 INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015–2022 (USD MILLION)
               13.11.1 AEROPONICS
                            TABLE 187 AEROPONICS MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
               13.11.2 HYDROPONICS
                            TABLE 188 HYDROPONICS MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
     13.12 AQUAPONICS
               TABLE 189 AQUAPONICS MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
     13.13 SOIL-BASED
               TABLE 190 SOIL-BASED INDOOR FARMING TECHNOLOGY MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
     13.14 INDOOR FARMING TECHNOLOGY MARKET BY REGION
               13.14.1 INTRODUCTION
                            TABLE 191 INDOOR FARMING TECHNOLOGY MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
               13.14.2 NORTH AMERICA
                            TABLE 192 NORTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015–2022 (USD MILLION)
               13.14.3 EUROPE
                            TABLE 193 EUROPE: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015–2022 (USD MILLION)
               13.14.4 ASIA PACIFIC
                            TABLE 194 ASIA PACIFIC: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015–2022 (USD MILLION)
               13.14.5 SOUTH AMERICA
                            TABLE 195 SOUTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015–2022 (USD MILLION)
               13.14.6 REST OF THE WORLD
                            TABLE 196 ROW: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015–2022 (USD MILLION)

14 APPENDIX (Page No. - 243)
     14.1 DISCUSSION GUIDE
     14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     14.3 AVAILABLE CUSTOMIZATIONS
     14.4 RELATED REPORTS
     14.5 AUTHOR DETAILS
     14.6 AUTHOR DETAILS

The study involves four major activities to estimate the current market size of the hydroponics market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. These findings, assumptions, and market sizes were validated with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakdown and data triangulation approaches were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, in order to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.

Primary Research

The key stakeholders to hydroponics market are semiconductor foundries, horticulture lighting, irrigation, and remote sensing equipment manufacturers, original device manufacturers (ODM) and Original Equipment Manufacturers (OEM) technology solution providers, grow media, crop protection chemical, and fertilizer manufacturers and raw material suppliers, hydroponic crop growers, horticulturists and floriculturists, government regulatory authorities and research organizations, hydroponic and smart greenhouse associations and industry bodies, organic certification agencies, and crop producers and exporters. The demand-side of this market is characterized by the rising demand for healthy and fresh vegetables and fruits for consumption. The supply-side is characterized by the supply of raw material providers in hydroponics from various suppliers in the market. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:

Hydroponics Market   Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the hydroponics market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • Major regions were identified, along with countries contributing the maximum share.
  • The industry’s supply chain and market size, in terms of value, was determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary respondents

Global Hydroponics Market Size: Bottom-Up Approach

Hydroponics Market   Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed. The data was triangulated by studying various factors and trends from both the demand and supply sides in the hydroponics market.

Report Objectives

  • To define, segment, and project the global market size of the hydroponics market.
  • To understand the hydroponics market by identifying its various subsegments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
  • To project the size of the market and its submarkets, in terms of value, with respect to the regions (along with their respective key countries)
  • To profile key players and comprehensively analyze their core competencies
  • To understand the competitive landscape and identify major growth strategies adopted by players across key regions
  • To analyze the competitive developments such as expansions & investments, mergers & acquisitions, new product launches, partnerships, joint ventures, collaborations, divestments, disinvestments, and agreements

Core competencies of companies include their key developments and strategies adopted by them to sustain their position in the market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific scientific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the Rest of Europe hydroponics market into UK, Russia, and Portugal
  • Further breakdown of the Rest of Asia Pacific hydroponics market into Thailand, and Vietnam.
  • Further breakdown of the others RoW hydroponics market into the Middle Eastern and African countries

Company Information

  • Detailed analyses and profiling of additional market players (up to five)
COVID-19

Get in-depth analysis of the COVID-19 impact on the Hydroponics Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Hydroponics Market

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Report Code
AGI 4075
Published ON
Aug, 2020
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