Hydroponics Market Overview, Trends, Growth, Demand, Key Players Analysis and Forecast to 2031

Global Hydroponics report from Global Insight Services is the single authoritative source of intelligence on Hydroponics market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

 

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Market Segments

By Type

  • Aggregate Hydroponic System
  • Liquid Hydroponic Systems

By Crop Type

  • Tomato
  • Lettuce & Leafy Vegetables
  • Pepper
  • Cucumber
  • Others

 

Key Players
  • Hydrofarm Inc
  • Lumigrow Inc.
  • Argus Control Systems Ltd.
  • General Hydroponics Inc.
  • Hydrodynamics International Inc
  • Greentech Agro Inc

 

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Key Trends and Drivers

Over the past decade, the hydroponics market has seen significant growth. The market is driven by the many benefits of hydroponics, such as the ability to grow crops in a controlled environment, with little to no water or soil. This type of agriculture is especially beneficial in regions where water is scarce, or where soil quality is poor. In addition, hydroponics can be used to grow crops year-round, regardless of the climate.

The market is driven by the increasing demand for fresh produce, the need for efficient agriculture, and the legalization of cannabis in many countries. In addition, the market is expected to benefit from the increasing interest in organic and sustainable food production.

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