Hydroponics Market Overview, Business Opportunities, Competitor Analysis, Forthcoming Developments and Future Investments 2017 to 2022

Hydroponics Market Information- by crop (tomato, lettuce, cucumber, pepper and others) and Region - Forecast to 2022

Pune, India - October 11, 2017 /MarketersMedia/ —

Market Overview

The agriculture sector is one of the oldest and the most established sector for any country’s economy. The idea of taking crops out of soil and growing in a completely soil-less medium is still surprising for the mass. Hydroponics is the fastest growing soil-less farming practice at a global level, wherein a tailored nutrient solution is used for the crop to attain its full growth with a superior quality in a sustainable manner. The technique introduced several advantages in terms of increased yield, higher returns on investment, and protected environment among others, attracting a larger share of producers as well as investors.

Global Hydroponics crop value is anticipated to grow to USD 27.29 Billion by 2022 at an estimated CAGR of 6.39% from 2015 to 2022. Improved yields, higher return on investment, and protected environment among others, attracting a larger share of producers as well as investors has been driving the hydroponics market.

Competitive Analysis-

The Major Key Players in Hydroponics Market are

• Village Farms International
• Thanet Farms
• Pegasus Agritech
• James Foskett Farms
• American Hydroponics
• General Hydroponics
• Terra Tech
• Growlife
• Sesajal

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Study Objectives of Hydroponics Forecast to 2022

• To provide driving factors for the global Hydroponics market through 2015 to 2022
• To provide the major factors need to be addressed for wide scale adoption of hydroponics through the forecast years
• To understand the supply and demand dynamics
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• Analysis of historical market trends, and technologies, and current government regulatory requirements
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

Regional Analysis

Europe is an established market for hydroponics, whereas North America, primarily the U.S. and APAC, primarily India hold immense potential to grow significantly during the forecast years. The European region lead the global hydroponics market in 2014 with an estimated crop value of USD 9.8 billion and will continue with this dominance growing over USD 13.38 Billion by 2020 at an estimated CAGR of 5.28% through 2015 to 2020. The Americas will be growing at the highest CAGR of 9.1% from 2015 to 2020. Developing countries of Middle East and Africa will continue contributing smaller shares to the global hydroponic crop value through the forecast period.

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Key Findings

• The soil-less farming technique (hydroponics) is poised to grow over USD 27.29 Billion by 2022 at an estimated CAGR of 6.39% from 2015 to 2022
• Hydroponic crop value in Europe will be lower than the global average at a steady 5.28% CAGR, growing from USD 9.8 Billion in 2014 to USD 13.38 Billion in 2022
• Developing countries of Middle East and Africa will continue contributing smaller shares to the global hydroponic crop value through the forecast period
• Tomatoes are the largest contributor to the global hydroponic crop value and will continue with this dominance during the forecast period

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Source: MarketersMedia

Release ID: 248550