
Hydroponics Market by Type (Aggregate systems and Liquid systems), Equipment, Input (Nutrients and Grow media), Crop Type (Vegetables, Fruits, Flowers), Farming method (Indoor and Outdoor), Crop area, and Region - Global Forecast to 2027
- September 23, 2022
- MarketsandMarkets
- 290
Hydroponics Market by Type (Aggregate systems and Liquid systems), Equipment, Input (Nutrients and Grow media), Crop Type (Vegetables, Fruits, Flowers), Farming method (Indoor and Outdoor), Crop area, and Region - Global Forecast to 2027
Abstract
According to MarketsandMarkets, the global hydroponic system market is valued at USD 12.1 Billion and is projected to reach USD 25.1 Billion by 2027. The global hydroponics crop market is estimated to be valued at USD 37.7 Billion in 2022 and is projected to reach USD 53.4 Billion by 2027, recording a CAGR of 7.2%. Hydroponic technology is an efficient alternative to the rising concerns on food security and shrinking arable land since it allows growers to cultivate crops even in the absence of soil. One of the major drivers is that hydroponics provides higher yield compared to traditional agricultural techniques, owing to the efficient harvest cycles. Furthermore, hydroponics eliminates use of artificial ripening agents and pesticides, which helps create nutritionally superior vegetable products.
“By type, the liquid systems segment is projected to account for the largest market share during the forecast period.”
Based on type, the liquid systems segment is projected to account for the largest market share. Deep water culture systems and NFT have been the major systems adopted across major growing countries like Spain, France, and the Netherlands for commercial crop cultivations like tomatoes. In North American countries, NFT techniques are highly adopted as these systems are best suitable for production of lettuce, which are in high demand in North America.
“By equipment, the HVAC segment accounted for the second largest share during the review period.”
Heating, ventilation, and air conditioning or HVAC play a key role in developing indoor hydroponic farms, as the system is responsible for cooling, dehumidifying, and maintaining the optimum temperature inside the facility. The HVAC system is designed to negate the external conditions and provide ideal conditions for year-round growth and cultivation. This equipment is important for maintaining the ideal conditions for plant growth inside the hydroponic greenhouse.
“By input, the nutrient segment gained the largest share in the hydroponics market.”
There are different types of nutrients required for the formulation of nutrient solutions. Nitrogen, phosphorus, and potassium are the three primary nutrients required for the healthy growth of plants, of which nitrogen requirement is higher for plants. Controlled Release Fertilizers are widely used in hydroponics as they release fertilizer gradually and consistently, constantly feeding for months with only one application. This gives professional growers unprecedented control and ease of use, lowering labor expenses, allowing growers to reduce their efforts on fertigation of plants.
“By crop type, the vegetables segment accounted for the largest market share during the review period.”
Considering the use of the proper system, a wide variety of plants can be grown hydroponically. Vegetables grown using hydroponics are known to grow faster and stronger than in traditional farming, as the right nutrients are delivered directly to the plant’s roots. Hydroponically grown plants are known to retain their full nutritive value and are equal or, in certain cases, superior to conventionally grown vegetables. Peppers, lettuce, spinach, cucumbers, tomatoes are some of the major vegetables cultivated using hydroponics. Among fruits, watermelons, and different berries such as strawberries and blue berries are widely grown in hydroponic farms.
“The Europe region held the largest market share in the global hydroponics market”
Europe has traditionally been at the forefront of implementing advanced hydroponic smart greenhouse horticulture techniques. 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. The Netherlands has the world’s highest adoption rate for hydroponic systems of over 80%, majorly for its flowers and vegetable production.
Break-up of Primaries
By Company Type: Tier 1 – 30%, Tier 2 – 25% and Tier 3 – 45%
By Designation: Manager- 25%, CXOs– 40%, and Executives – 35%
By Region: Asia Pacific – 40%, Europe - 30%, North America- 16%, and RoW- 14%
Leading players profiled in this report include the following:
•Signify Holding (Netherlands)
•Heliospectra AB (Sweden)
•ScottsMiracle-Gro (US)
•Argus Control Systems (Canada)
•Logiqs B.V. (Netherlands)
•LumiGrow, Inc. (US)
•Hydroponic Systems International (Spain)
•Hydrodynamics International (US)
•American Hydroponics (US)
•Advanced Nutrients (US)
•Emerald Harvest (US)
•VitaLink (UK)
•Freight Farms (US)
•AeroFarms (US)
•Triton Foodworks Pvt. Ltd. (India)
•Green Sense Farms (US)
•Emirates Hydroponic Farm (UAE)
•Gotham Greens (US)
•Nature’s Miracle (India)
•Bright Farms (US)
•InFarm (Germany)
•Badia Farms (UAE)
Research Coverage
This report segments the hydroponics market on the basis of type, equipment, input, crop type, farming method, crop area, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the hydroponics market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
•To get a comprehensive overview of the hydroponics market
•To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
•To gain insights about the major countries/regions, in which the hydroponics market is flourishing
Content
Table of Contents
1INTRODUCTION27
1.1OBJECTIVES27
1.2MARKET DEFINITION27
1.3MARKET SCOPE28
FIGURE 1HYDROPONICS MARKET SEGMENTATION28
1.3.1GEOGRAPHIC SCOPE29
1.3.2PERIOD CONSIDERED29
1.4CURRENCY CONSIDERED30
TABLE 1USD EXCHANGE RATES CONSIDERED FOR THE STUDY, 2018–202130
1.5STAKEHOLDERS31
1.6SUMMARY OF CHANGES31
2RESEARCH METHODOLOGY32
2.1RESEARCH DATA32
FIGURE 2HYDROPONICS MARKET: RESEARCH DESIGN CHART32
2.1.1SECONDARY DATA33
2.1.1.1Key data from secondary sources33
2.1.2PRIMARY DATA34
2.1.2.1Key data from primary sources34
FIGURE 3EXPERT INSIGHTS35
2.1.2.2Breakdown of primary interviews35
FIGURE 4BREAKDOWN OF PRIMARY INTERVIEWS, BY VALUE CHAIN, DESIGNATION, AND REGION35
2.2MARKET SIZE ESTIMATION36
2.2.1HYDROPONICS MARKET SIZE ESTIMATION, BY CROP TYPE37
2.2.2HYDROPONICS MARKET SIZE ESTIMATION, BY TYPE38
2.3DATA TRIANGULATION39
FIGURE 5DATA TRIANGULATION METHODOLOGY39
2.4ASSUMPTIONS40
2.5LIMITATIONS40
3EXECUTIVE SUMMARY41
TABLE 2HYDROPONICS MARKET SNAPSHOT, 2022 VS. 202742
FIGURE 6HYDROPONICS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)43
FIGURE 7HYDROPONICS MARKET, BY INPUT, 2022 VS. 2027 (USD MILLION)43
FIGURE 8HYDROPONICS MARKET, BY CROP TYPE, 2022 VS. 2027 (USD MILLION)44
FIGURE 9HYDROPONICS MARKET, BY EQUIPMENT, 2022 VS. 2027 (USD MILLION)44
FIGURE 10HYDROPONICS MARKET, BY FARMING METHOD, 2022 VS. 2027 (USD MILLION)45
FIGURE 11HYDROPONICS MARKET, BY CROP AREA, 2022 VS. 2027 (USD MILLION)45
FIGURE 12HYDROPONICS MARKET (VALUE), BY REGION46
4PREMIUM INSIGHTS47
4.1ATTRACTIVE OPPORTUNITIES IN HYDROPONICS MARKET47
FIGURE 13RISE IN DEMAND FOR FRESH FOOD IN URBAN AREAS ACROSS GLOBE TO DRIVE MARKET FOR HYDROPONICS47
4.2EUROPE: HYDROPONICS MARKET, BY CROP TYPE & COUNTRY48
FIGURE 14VEGETABLES SEGMENT AND NETHERLANDS TO ACCOUNT FOR LARGEST RESPECTIVE SHARES IN EUROPEAN MARKET IN 202248
4.3HYDROPONICS MARKET, BY TYPE48
FIGURE 15LIQUID SYSTEMS TO DOMINATE MARKET DURING FORECAST PERIOD48
4.4HYDROPONICS MARKET, BY KEY CROP TYPE & REGION49
FIGURE 16VEGETABLES AND EUROPE TO DOMINATE RESPECTIVE SEGMENTS DURING FORECAST PERIOD49
4.5HYDROPONICS MARKET, BY CROP TYPE50
FIGURE 17VEGETABLE CULTIVATION TO BE LARGEST MARKET DURING FORECAST PERIOD50
4.6HYDROPONICS MARKET, BY INPUT50
FIGURE 18NUTRIENT INPUT TO DOMINATE MARKET DURING FORECAST PERIOD50
4.7HYDROPONICS MARKET, BY EQUIPMENT51
FIGURE 19LED GROW LIGHTS TO LEAD MARKET DURING FORECAST PERIOD51
4.8HYDROPONICS MARKET, BY FARMING METHOD51
FIGURE 20INDOOR FARMING TO DOMINATE MARKET DURING FORECAST PERIOD51
4.9HYDROPONICS MARKET, BY CROP AREA52
FIGURE 21CROP AREAS OF ABOVE 50,000 TO BE LARGEST MARKET DURING FORECAST PERIOD52
5MARKET OVERVIEW53
5.1INTRODUCTION53
5.2MACROECONOMIC INDICATORS53
5.2.1RISE IN RATE OF URBANIZATION AND DECLINE IN ARABLE LAND53
FIGURE 22PERCENTAGE OF LAND USED FOR AGRICULTURE, 1990–201854
FIGURE 23MOST URBANIZED REGIONS, 201854
5.3MARKET DYNAMICS55
FIGURE 24HYDROPONICS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES55
5.3.1DRIVERS55
5.3.1.1Higher yield compared with conventional agricultural practices55
TABLE 3PER-ACRE YIELD OF CROPS: SOIL CULTIVATION VS. HYDROPONICS56
5.3.1.2Controlled environment farming eliminates external factors on crop growth57
FIGURE 25HARVESTED AREA OF GREENHOUSE VEGETABLES, 2012–2016 (HA)57
5.3.1.3Conservation of natural resources58
5.3.1.3.1Improved yield and higher productivity with limited land resources58
5.3.1.3.2Lower water utilization compared with conventional farming methods58
5.3.1.4Increase in demand for cannabis using hydroponics59
5.3.2RESTRAINTS59
5.3.2.1High capital investment for large-scale farms59
5.3.2.2Lack of government incentives and high prices of hydroponically grown produce dissuading market adoption60
5.3.3OPPORTUNITIES61
5.3.3.1Growth in popularity of hydroponics to provide high profit margins61
5.3.3.2Increase in application of hydroponic systems in restaurants and grocery stores62
5.3.4CHALLENGES62
5.3.4.1Debate on certifying hydroponic produce as organic62
FIGURE 26COUNTRIES WITH HIGHEST CONSUMPTION OF ORGANIC FOOD PER CAPITA, 2020 (EUR)63
5.3.4.2Spread of waterborne diseases and algae in closed systems64
5.3.4.3Risk of equipment failure and delay in learning curve among growers64
6INDUSTRY TRENDS65
6.1INTRODUCTION65
6.2VALUE CHAIN ANALYSIS65
FIGURE 27HYDROPONICS MARKET: VALUE CHAIN ANALYSIS65
6.2.1RAW MATERIALS66
6.2.2HYDROPONIC SYSTEM PROVIDERS66
6.2.3HYDROPONIC TECHNOLOGY PROVIDERS66
6.2.4CONSULTING & MANAGEMENT SERVICES66
6.2.5GROWERS & END USERS66
6.3TECHNOLOGY ANALYSIS67
6.4PRICING ANALYSIS67
FIGURE 28HYDROPONICS MARKET PRICING ANALYSIS AMONG KEY PLAYERS, BY MAJOR EQUIPMENT, 2021 (USD/UNIT)68
FIGURE 29HYDROPONICS AVERAGE PRICING ANALYSIS, BY REGION, 2017–2021 (USD/SQUARE FOOT)68
FIGURE 30HYDROPONICS AVERAGE PRICING ANALYSIS, BY MAJOR EQUIPMENT, 2017–2021 (USD/UNIT)68
6.5PATENT ANALYSIS69
FIGURE 31PATENTS GRANTED FOR HYDROPONICS MARKET, 2011–202169
FIGURE 32REGIONAL ANALYSIS OF PATENTS GRANTED FOR HYDROPONICS MARKET, 2011–202170
TABLE 4KEY PATENTS PERTAINING TO HYDROPONICS MARKET, 202070
6.6MARKET MAP73
FIGURE 33HYDROPONICS MARKET MAP73
TABLE 5HYDROPONICS MARKET: ECOSYSTEM73
6.7PORTER’S FIVE FORCES ANALYSIS74
TABLE 6HYDROPONICS MARKET: PORTER’S FIVE FORCES ANALYSIS74
6.7.1THREAT FROM NEW ENTRANTS74
6.7.2THREAT FROM SUBSTITUTES74
6.7.3BARGAINING POWER OF SUPPLIERS74
6.7.4BARGAINING POWER OF BUYERS75
6.7.5DEGREE OF COMPETITION75
6.8TRADE ANALYSIS75
TABLE 7TOP TEN IMPORTERS AND EXPORTERS OF POLYCARBONATES, 2021 (KT AND USD ‘000)75
TABLE 8TOP TEN IMPORTERS AND EXPORTERS OF POLYETHYLENE, 202176
TABLE 9TOP TEN IMPORTERS AND EXPORTERS OF POLYMETHYL-METHACRYLATE, 2021 (KT AND ‘000)76
TABLE 10TOP TEN IMPORTERS AND EXPORTERS OF POLYVINYL CHLORIDE, 2021 (KT AND USD ‘000)77
6.9KEY CONFERENCES & EVENTS77
TABLE 11HYDROPONICS MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2022–202377
6.10TARIFF AND REGULATORY LANDSCAPE78
6.10.1KEY REGULATIONS FOR HYDROPONICS78
6.10.1.1North America78
6.10.1.1.1US78
6.10.1.1.2Canada78
6.10.1.2Europe79
6.10.1.3Asia Pacific79
6.10.1.3.1India79
6.10.1.3.2China80
6.10.2REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS80
TABLE 12NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS80
TABLE 13EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS81
TABLE 14ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS82
TABLE 15REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS82
6.10.3TRENDS/DISRUPTIONS IMPACTING BUYERS IN HYDROPONICS MARKET83
FIGURE 34TRENDS/DISRUPTIONS IMPACTING BUYERS IN HYDROPONICS MARKET83
6.11CASE STUDY ANALYSIS84
6.11.1FREIGHT FARMS’ GREENERY S HELPED NEW GROWERS START BUSINESSES84
6.11.2SIGNIFY’S LED LIGHTING SOLUTION FOR GOODLEAF TO INCREASE PERENNIAL FOOD PRODUCTION84
6.12KEY STAKEHOLDERS AND BUYING CRITERIA85
6.12.1KEY STAKEHOLDERS IN BUYING PROCESS85
FIGURE 35INFLUENCE OF STAKEHOLDERS IN BUYING HYDROPONIC SYSTEMS, BY TYPE85
TABLE 16INFLUENCE OF STAKEHOLDERS IN BUYING TOP TWO TYPES85
6.12.2BUYING CRITERIA86
FIGURE 36KEY BUYING CRITERIA FOR HYDROPONIC FARMING METHODS86
TABLE 17KEY BUYING CRITERIA FOR HYDROPONICS FARMING METHOD TYPES86
7HYDROPONICS MARKET, BY TYPE87
7.1INTRODUCTION88
FIGURE 37HYDROPONICS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)88
TABLE 18HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)89
TABLE 19HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)89
7.2AGGREGATE SYSTEMS89
7.2.1PREFERABLE USAGE FOR HEAVIER CROPS TO DRIVE GROWTH OF AGGREGATE SYSTEMS89
TABLE 20AGGREGATE HYDROPONIC SYSTEMS MARKET, BY REGION, 2019–2021 (USD MILLION)90
TABLE 21AGGREGATE HYDROPONIC SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)90
TABLE 22AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)90
TABLE 23AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)90
7.2.2EBB & FLOW SYSTEMS91
TABLE 24EBB & FLOW HYDROPONIC SYSTEMS MARKET, BY REGION, 2019–2021 (USD MILLION)91
TABLE 25EBB & FLOW HYDROPONIC SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)92
7.2.3DRIP SYSTEMS92
TABLE 26DRIP HYDROPONIC SYSTEMS MARKET, BY REGION, 2019–2021 (USD MILLION)93
TABLE 27DRIP HYDROPONIC SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)93
7.2.4WICK SYSTEMS93
TABLE 28WICK HYDROPONIC SYSTEMS MARKET, BY REGION, 2019–2021 (USD MILLION)94
TABLE 29WICK HYDROPONIC SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)94
7.3LIQUID SYSTEMS94
7.3.1HIGH PREFERENCE FOR VEGETABLE CULTIVATION AND HYBRID FARMING TO PROPEL GROWTH OPPORTUNITIES94
TABLE 30LIQUID HYDROPONIC SYSTEMS MARKET, BY REGION, 2019–2021 (USD MILLION)95
TABLE 31LIQUID HYDROPONIC SYSTEMS MARK, BY REGION, 2022–2027 (USD MILLION)95
TABLE 32LIQUID HYDROPONIC SYSTEMS MARK, BY SUBTYPE, 2019–2021 (USD MILLION)96
TABLE 33LIQUID HYDROPONIC SYSTEMS MARK, BY SUBTYPE, 2022–2027 (USD MILLION)96
7.3.2DEEP WATER CULTURE96
TABLE 34DEEP WATER CULTURE HYDROPONIC SYSTEMS MARKET, BY REGION, 2019–2021 (USD MILLION)97
TABLE 35DEEP WATER CULTURE HYDROPONIC SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)97
7.3.3NUTRIENT FILM TECHNIQUE (NFT)98
TABLE 36NFT HYDROPONICS MARKET, BY REGION, 2019–2021 (USD MILLION)99
TABLE 37NFT HYDROPONICS MARKET, BY REGION, 2022–2027 (USD MILLION)99
7.3.4AEROPONICS99
TABLE 38AEROPONICS MARKET, BY REGION, 2019–2021 (USD MILLION)100
TABLE 39AEROPONICS MARKET, BY REGION, 2022–2027 (USD MILLION)100
8HYDROPONICS MARKET, BY EQUIPMENT101
8.1INTRODUCTION102
FIGURE 38HYDROPONICS MARKET, BY EQUIPMENT, 2022 VS. 2027 (USD MILLION)102
TABLE 40HYDROPONICS MARKET, BY EQUIPMENT, 2019–2021 (USD MILLION)103
TABLE 41HYDROPONICS MARKET, BY EQUIPMENT, 2022–2027 (USD MILLION)103
8.2HVAC103
8.2.1UNCERTAINTIES IN REGIONAL CLIMATE AND RISE OF MODERN FARMING TECHNIQUES AND EQUIPMENT TO DRIVE DEMAND103
8.3LED GROW LIGHTS104
8.3.1LED GROW LIGHTS: HIGH-COST EQUIPMENT IN HYDROPONIC SYSTEMS104
8.4CONTROL SYSTEMS105
8.4.1INCREASE IN SCOPE FOR AUTOMATION AND SMART FARMING TO CREATE GROWTH OPPORTUNITIES FOR CONTROL SYSTEMS105
8.5IRRIGATION SYSTEMS105
8.5.1RISE IN DEMAND FOR WATER-USE-EFFICIENT AND SMART IRRIGATION SYSTEMS—FACTORS FOR MARKET GROWTH105
8.6MATERIAL HANDLING EQUIPMENT106
8.6.1FOCUS ON SHORTENING SUPPLY CHAIN THROUGH FARM-TO-FORK CONCEPT TO DRIVE DEMAND FOR MATERIAL HANDLING EQUIPMENT106
8.7OTHER EQUIPMENT106
9HYDROPONICS MARKET, BY INPUT107
9.1INTRODUCTION108
FIGURE 39HYDROPONICS MARKET, BY INPUT, 2022 VS. 2027 (USD MILLION)108
TABLE 42HYDROPONICS MARKET, BY INPUT, 2019–2021 (USD MILLION)108
TABLE 43HYDROPONICS MARKET, BY INPUT, 2022–2027 (USD MILLION)109
9.2NUTRIENTS109
9.2.1NUTRIENTS ESSENTIAL IN HYDROPONIC SYSTEMS FOR ALL CROPS GROWN109
TABLE 44HYDROPONIC NUTRIENT INPUT MARKET, BY REGION, 2019–2021 (USD MILLION)109
TABLE 45HYDROPONIC NUTRIENT INPUT MARKET, BY REGION, 2022–2027 (USD MILLION)110
TABLE 46HYDROPONIC NUTRIENT INPUT MARKET, BY NUTRIENT TYPE, 2019–2021 (USD MILLION)110
TABLE 47HYDROPONIC NUTRIENT INPUT MARKET, BY NUTRIENT TYPE, 2022–2027 (USD MILLION)110
9.2.2NPK111
9.2.3TRACE MINERALS111
9.2.4OTHER NUTRIENTS111
9.3GROW MEDIA112
9.3.1SUPPORT FOR PLANT GROWTH IN HYDROPONIC SYSTEMS OWING TO LOW COSTS TO DRIVE MARKET IN DEVELOPING COUNTRIES112
TABLE 48HYDROPONIC GROW MEDIA INPUT MARKET, BY REGION, 2019–2021 (USD MILLION)112
TABLE 49HYDROPONIC GROW MEDIA INPUT MARKET, BY REGION, 2022–2027 (USD MILLION)112
TABLE 50HYDROPONIC GROW MEDIA INPUT MARKET, BY GROW MEDIA TYPE, 2019–2021 (USD MILLION)113
TABLE 51HYDROPONIC GROW MEDIA INPUT MARKET, BY GROW MEDIA TYPE, 2022–2027 (USD MILLION)113
9.3.2ROCKWOOL113
9.3.3PERLITE & VERMICULITE114
9.3.4COCO FIBER114
9.3.5OTHER GROW MEDIA114
10HYDROPONICS MARKET, BY CROP TYPE115
10.1INTRODUCTION116
FIGURE 40HYDROPONICS MARKET, BY CROP TYPE, 2022 VS. 2027 (USD MILLION)116
TABLE 52HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)117
TABLE 53HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)117
10.2VEGETABLES117
10.2.1WIDER ACCEPTANCE OF HYDROPONICS FOR GROWING VEGETABLES ACROSS MULTIPLE REGIONS TO FUEL DEMAND117
TABLE 54HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY REGION, 2019–2021 (USD MILLION)118
TABLE 55HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY REGION, 2022–2027 (USD MILLION)118
TABLE 56HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY CROP TYPE, 2019–2021 (USD MILLION)118
TABLE 57HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY CROP TYPE, 2022–2027 (USD MILLION)119
10.2.2TOMATOES119
10.2.3LEAFY GREENS119
10.2.4CUCUMBERS120
10.2.5PEPPERS120
10.2.6OTHER VEGETABLES120
10.3FRUITS120
10.3.1RISE IN DEMAND AND YEAR-LONG HARVEST BENEFITS TO SUPPLEMENT HYDROPONIC FRUIT GROWTH120
TABLE 58HYDROPONICS MARKET IN FRUIT CULTIVATION, BY REGION, 2019–2021 (USD MILLION)121
TABLE 59HYDROPONICS MARKET IN FRUIT CULTIVATION, BY REGION, 2022–2027 (USD MILLION)121
10.4FLOWERS122
10.4.1HYDROPONIC ADOPTION FOR FLOWERS HIGHEST IN NETHERLANDS122
TABLE 60HYDROPONICS MARKET IN FLOWER CULTIVATION, BY REGION, 2019–2021 (USD MILLION)122
TABLE 61HYDROPONICS MARKET IN FLOWER CULTIVATION, BY REGION, 2022–2027 (USD MILLION)122
10.5OTHER CROP TYPES123
TABLE 62HYDROPONICS MARKET IN OTHER CROP CULTIVATION, BY REGION, 2019–2021 (USD MILLION)123
TABLE 63HYDROPONICS MARKET IN OTHER CROP CULTIVATION, BY REGION, 2022–2027 (USD MILLION)123
11HYDROPONICS MARKET, BY FARMING METHOD124
11.1INTRODUCTION125
FIGURE 41HYDROPONICS MARKET, BY FARMING METHOD, 2022 VS. 2027 (USD MILLION)125
TABLE 64HYDROPONICS MARKET, BY FARMING METHOD, 2019–2021 (USD MILLION)125
TABLE 65HYDROPONICS MARKET, BY FARMING METHOD, 2022–2027 (USD MILLION)126
11.2OUTDOOR FARMING126
11.2.1LESS REQUIREMENT OF ENERGY RESOURCES TO ALLOW COST SAVING IN OUTDOOR FARMING126
11.3INDOOR FARMING126
11.3.1BETTER CONTROL OVER GROWING ENVIRONMENT TO INCREASE YIELD126
11.3.1.1LED light-based126
11.3.1.2Natural light-based127
12HYDROPONICS MARKET, BY CROP AREA128
12.1INTRODUCTION129
FIGURE 42HYDROPONICS MARKET, BY CROP AREA, 2022 VS. 2027 (USD MILLION)129
TABLE 66HYDROPONICS MARKET, BY CROP AREA, 2019–2021 (USD MILLION)129
TABLE 67HYDROPONICS MARKET, BY CROP AREA, 2022–2027 (USD MILLION)130
12.2UP TO 1,000 SQUARE FEET130
12.2.1LOW MAINTENANCE COSTS IN INDOOR SPACES TO DRIVE GROWTH130
12.31,000–5,000 SQUARE FEET130
12.3.1OUTDOOR FARMS WITH VARIED PURPOSES TO DRIVE MARKET130
12.45,001–10,000 SQUARE FEET130
12.4.1LARGE FARMS FOR DESIRED CROPS TO GAIN POPULARITY130
12.510,001–50,000 SQUARE FEET131
12.5.1LARGE SPACES OFFER FLEXIBILITY IN SYSTEM TYPE131
12.6ABOVE 50,000 SQUARE FEET131
12.6.1COMMERCIAL FARMS USE ADVANCED EQUIPMENT FOR BETTER PRODUCTIVITY131
13HYDROPONICS MARKET, BY REGION132
13.1INTRODUCTION133
FIGURE 43GEOGRAPHIC SNAPSHOT (2022–2027): RAPIDLY GROWING MARKETS EMERGE AS NEW HOT SPOTS134
TABLE 68HYDROPONIC TYPES MARKET, BY REGION, 2019–2021 (USD MILLION)134
TABLE 69HYDROPONIC TYPES MARKET, BY REGION, 2022–2027 (USD MILLION)135
TABLE 70HYDROPONIC INPUTS MARKET, BY REGION, 2019–2021 (USD MILLION)135
TABLE 71HYDROPONIC INPUTS MARKET, BY REGION, 2022–2027 (USD MILLION)135
TABLE 72HYDROPONIC CROP MARKET, BY REGION, 2019–2021 (USD MILLION)136
TABLE 73HYDROPONIC CROP MARKET, BY REGION, 2022–2027 (USD MILLION)136
13.2NORTH AMERICA136
TABLE 74NORTH AMERICA: HYDROPONIC TYPES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)137
TABLE 75NORTH AMERICA: HYDROPONIC TYPES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)137
TABLE 76NORTH AMERICA: HYDROPONIC CROP TYPES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)137
TABLE 77NORTH AMERICA: HYDROPONIC CROP TYPES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)138
TABLE 78NORTH AMERICA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)138
TABLE 79NORTH AMERICA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)138
TABLE 80NORTH AMERICA: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)138
TABLE 81NORTH AMERICA: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)139
TABLE 82NORTH AMERICA: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)139
TABLE 83NORTH AMERICA: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)139
TABLE 84NORTH AMERICA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)140
TABLE 85NORTH AMERICA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)140
TABLE 86NORTH AMERICA: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2019–2021 (USD MILLION)140
TABLE 87NORTH AMERICA: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2022–2027 (USD MILLION)141
TABLE 88NORTH AMERICA: HYDROPONICS MARKET, BY INPUT, 2019–2021 (USD MILLION)141
TABLE 89NORTH AMERICA: HYDROPONICS MARKET, BY INPUT, 2022–2027 (USD MILLION)141
13.2.1US141
13.2.1.1Favorable government schemes and newer farming kits and techniques by hydroponic system providers to propel market141
TABLE 90US: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)142
TABLE 91US: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)142
TABLE 92US: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)142
TABLE 93US: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)143
13.2.2CANADA143
13.2.2.1High awareness about modern farming techniques to fuel growth prospects143
TABLE 94CANADA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)144
TABLE 95CANADA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)144
TABLE 96CANADA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)144
TABLE 97CANADA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)144
13.2.3MEXICO145
13.2.3.1Larger greenhouse area used for cultivation to be major factor145
TABLE 98MEXICO: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)145
TABLE 99MEXICO: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)146
TABLE 100MEXICO: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)146
TABLE 101MEXICO: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)146
13.3EUROPE147
FIGURE 44EUROPE: HYDROPONICS MARKET SNAPSHOT148
TABLE 102EUROPE: HYDROPONIC TYPES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)149
TABLE 103EUROPE: HYDROPONIC TYPES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)149
TABLE 104EUROPE: HYDROPONIC CROP TYPES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)150
TABLE 105EUROPE: HYDROPONIC CROP TYPES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)150
TABLE 106EUROPE: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)150
TABLE 107EUROPE: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)151
TABLE 108EUROPE: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)151
TABLE 109EUROPE: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)151
TABLE 110EUROPE: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)151
TABLE 111EUROPE: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)152
TABLE 112EUROPE: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)152
TABLE 113EUROPE: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)152
TABLE 114EUROPE: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2019–2021 (USD MILLION)153
TABLE 115EUROPE: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2022–2027 (USD MILLION)153
TABLE 116EUROPE: HYDROPONICS MARKET, BY INPUT, 2019–2021 (USD MILLION)153
TABLE 117EUROPE: HYDROPONICS MARKET, BY INPUT, 2022–2027 (USD MILLION)154
13.3.1NETHERLANDS154
13.3.1.1Greater inclination toward efficient farming to drive growth154
TABLE 118NETHERLANDS: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)154
TABLE 119NETHERLANDS: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)155
TABLE 120NETHERLANDS: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)155
TABLE 121NETHERLANDS: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)155
13.3.2GERMANY155
13.3.2.1Establishment of hydroponic farms by recognized and regional players to fuel market155
TABLE 122GERMANY: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)156
TABLE 123GERMANY: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)156
TABLE 124GERMANY: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)156
TABLE 125GERMANY: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)157
13.3.3UK157
13.3.3.1Government support to set up vertical farms to power market157
TABLE 126UK: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)157
TABLE 127UK: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)157
TABLE 128UK: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)158
TABLE 129UK: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)158
13.3.4SPAIN158
13.3.4.1Increase in investments in sustainable farming practices and advanced set-ups to help achieve greater produce158
TABLE 130SPAIN: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)159
TABLE 131SPAIN: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)159
TABLE 132SPAIN: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)159
TABLE 133SPAIN: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)159
13.3.5ITALY160
13.3.5.1Growth in organic croplands and rise in supply of organic products to bolster demand for hydroponics160
TABLE 134ITALY: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)160
TABLE 135ITALY: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)160
TABLE 136ITALY: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)161
TABLE 137ITALY: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)161
13.3.6FRANCE161
13.3.6.1Gradual adoption of modern farming techniques to increase opportunities161
TABLE 138FRANCE: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)162
TABLE 139FRANCE: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)162
TABLE 140FRANCE: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)162
TABLE 141FRANCE: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)162
13.3.7POLAND163
13.3.7.1Increase in awareness and steady adoption among local cultivators to exhibit a positive outlook163
TABLE 142POLAND: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)163
TABLE 143POLAND: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)163
TABLE 144POLAND: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)163
TABLE 145POLAND: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)164
13.3.8TURKEY164
13.3.8.1Increase in protected cultivation to support growth of hydroponics164
TABLE 146TURKEY: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)164
TABLE 147TURKEY: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)165
TABLE 148TURKEY: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)165
TABLE 149TURKEY: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)165
13.3.9REST OF EUROPE165
TABLE 150REST OF EUROPE: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)166
TABLE 151REST OF EUROPE: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)166
TABLE 152REST OF EUROPE: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)166
TABLE 153REST OF EUROPE: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)166
13.4ASIA PACIFIC167
FIGURE 45ASIA PACIFIC: HYDROPONICS MARKET SNAPSHOT168
TABLE 154ASIA PACIFIC: HYDROPONIC TYPES MARKET, BY COUNTRY/REGION, 2019–2021 (USD MILLION)169
TABLE 155ASIA PACIFIC: HYDROPONIC TYPES MARKET, BY COUNTRY/REGION, 2022–2027 (USD MILLION)169
TABLE 156ASIA PACIFIC: HYDROPONIC CROP TYPES MARKET, BY COUNTRY/REGION, 2019–2021 (USD MILLION)170
TABLE 157ASIA PACIFIC: HYDROPONIC CROP TYPES MARKET, BY COUNTRY/REGION, 2022–2027 (USD MILLION)170
TABLE 158ASIA PACIFIC: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)171
TABLE 159ASIA PACIFIC: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)171
TABLE 160ASIA PACIFIC: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)171
TABLE 161ASIA PACIFIC: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)171
TABLE 162ASIA PACIFIC: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)172
TABLE 163ASIA PACIFIC: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)172
TABLE 164ASIA PACIFIC: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)172
TABLE 165ASIA PACIFIC: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)173
TABLE 166ASIA PACIFIC: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2019–2021 (USD MILLION)173
TABLE 167ASIA PACIFIC: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2022–2027 (USD MILLION)173
TABLE 168ASIA PACIFIC: HYDROPONICS MARKET, BY INPUT, 2019–2021 (USD MILLION)174
TABLE 169ASIA PACIFIC: HYDROPONICS MARKET, BY INPUT, 2022–2027 (USD MILLION)174
13.4.1CHINA174
13.4.1.1Population growth and favorable regulatory environment to drive adoption of hydroponics174
TABLE 170CHINA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)175
TABLE 171CHINA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)175
TABLE 172CHINA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)175
TABLE 173CHINA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)175
13.4.2INDIA176
13.4.2.1Shift toward in-house cultivation and investments by key players to propel market growth176
TABLE 174INDIA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)176
TABLE 175INDIA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)177
TABLE 176INDIA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)177
TABLE 177INDIA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)177
13.4.3JAPAN178
13.4.3.1Government and related institutions’ initiatives to promote greenhouse farming to drive market178
TABLE 178JAPAN: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)178
TABLE 179JAPAN: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)179
TABLE 180JAPAN: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)179
TABLE 181JAPAN: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)179
13.4.4AUSTRALIA & NEW ZEALAND180
13.4.4.1Scarcity of fresh water and harsh climatic conditions to promote growth of hydroponics180
TABLE 182AUSTRALIA & NEW ZEALAND: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)180
TABLE 183AUSTRALIA & NEW ZEALAND: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)180
TABLE 184AUSTRALIA & NEW ZEALAND: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)181
TABLE 185AUSTRALIA & NEW ZEALAND: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)181
13.4.5SOUTH KOREA181
13.4.5.1Small agricultural field size led to increased adoption of hydroponics181
TABLE 186SOUTH KOREA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)182
TABLE 187SOUTH KOREA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)182
TABLE 188SOUTH KOREA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)182
TABLE 189SOUTH KOREA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)183
13.4.6SINGAPORE183
13.4.6.1Trend toward food security with minimum wastage to fuel growth183
TABLE 190SINGAPORE: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)183
TABLE 191SINGAPORE: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)183
TABLE 192SINGAPORE: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)184
TABLE 193SINGAPORE: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)184
13.4.7VIETNAM184
13.4.7.1Greater need for fresh vegetables and fruits to boost demand for hydroponics184
TABLE 194VIETNAM: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)184
TABLE 195VIETNAM: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)185
TABLE 196VIETNAM: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)185
TABLE 197VIETNAM: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)185
13.4.8MALAYSIA185
13.4.8.1Higher demand for urban farming to reduce wastage to impact hydroponics185
TABLE 198MALAYSIA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)186
TABLE 199MALAYSIA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)186
TABLE 200MALAYSIA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)186
TABLE 201MALAYSIA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)186
13.4.9THAILAND187
13.4.9.1Increase in awareness and shift in consumer preference toward new technology to impact market187
TABLE 202THAILAND: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)187
TABLE 203THAILAND: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)187
TABLE 204THAILAND: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)187
TABLE 205THAILAND: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)188
13.4.10INDONESIA188
13.4.10.1Adoption of newer technology for in-house crop cultivation to boost market188
TABLE 206INDONESIA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)188
TABLE 207INDONESIA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)188
TABLE 208INDONESIA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)189
TABLE 209INDONESIA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)189
13.4.11REST OF ASIA PACIFIC189
TABLE 210REST OF ASIA PACIFIC: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)189
TABLE 211REST OF ASIA PACIFIC: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)190
TABLE 212REST OF ASIA PACIFIC: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)190
TABLE 213REST OF ASIA PACIFIC: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)190
13.5SOUTH AMERICA191
TABLE 214SOUTH AMERICA: HYDROPONIC TYPES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)191
TABLE 215SOUTH AMERICA: HYDROPONIC TYPES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)191
TABLE 216SOUTH AMERICA: HYDROPONIC CROP TYPES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)192
TABLE 217SOUTH AMERICA: HYDROPONIC CROP TYPES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)192
TABLE 218SOUTH AMERICA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)192
TABLE 219SOUTH AMERICA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)192
TABLE 220SOUTH AMERICA: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)193
TABLE 221SOUTH AMERICA: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)193
TABLE 222SOUTH AMERICA: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)193
TABLE 223SOUTH AMERICA: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)194
TABLE 224SOUTH AMERICA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)194
TABLE 225SOUTH AMERICA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)194
TABLE 226SOUTH AMERICA: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2019–2021 (USD MILLION)195
TABLE 227SOUTH AMERICA: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2022–2027 (USD MILLION)195
TABLE 228SOUTH AMERICA: HYDROPONICS MARKET, BY INPUT, 201
“By type, the liquid systems segment is projected to account for the largest market share during the forecast period.”
Based on type, the liquid systems segment is projected to account for the largest market share. Deep water culture systems and NFT have been the major systems adopted across major growing countries like Spain, France, and the Netherlands for commercial crop cultivations like tomatoes. In North American countries, NFT techniques are highly adopted as these systems are best suitable for production of lettuce, which are in high demand in North America.
“By equipment, the HVAC segment accounted for the second largest share during the review period.”
Heating, ventilation, and air conditioning or HVAC play a key role in developing indoor hydroponic farms, as the system is responsible for cooling, dehumidifying, and maintaining the optimum temperature inside the facility. The HVAC system is designed to negate the external conditions and provide ideal conditions for year-round growth and cultivation. This equipment is important for maintaining the ideal conditions for plant growth inside the hydroponic greenhouse.
“By input, the nutrient segment gained the largest share in the hydroponics market.”
There are different types of nutrients required for the formulation of nutrient solutions. Nitrogen, phosphorus, and potassium are the three primary nutrients required for the healthy growth of plants, of which nitrogen requirement is higher for plants. Controlled Release Fertilizers are widely used in hydroponics as they release fertilizer gradually and consistently, constantly feeding for months with only one application. This gives professional growers unprecedented control and ease of use, lowering labor expenses, allowing growers to reduce their efforts on fertigation of plants.
“By crop type, the vegetables segment accounted for the largest market share during the review period.”
Considering the use of the proper system, a wide variety of plants can be grown hydroponically. Vegetables grown using hydroponics are known to grow faster and stronger than in traditional farming, as the right nutrients are delivered directly to the plant’s roots. Hydroponically grown plants are known to retain their full nutritive value and are equal or, in certain cases, superior to conventionally grown vegetables. Peppers, lettuce, spinach, cucumbers, tomatoes are some of the major vegetables cultivated using hydroponics. Among fruits, watermelons, and different berries such as strawberries and blue berries are widely grown in hydroponic farms.
“The Europe region held the largest market share in the global hydroponics market”
Europe has traditionally been at the forefront of implementing advanced hydroponic smart greenhouse horticulture techniques. 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. The Netherlands has the world’s highest adoption rate for hydroponic systems of over 80%, majorly for its flowers and vegetable production.
Break-up of Primaries
By Company Type: Tier 1 – 30%, Tier 2 – 25% and Tier 3 – 45%
By Designation: Manager- 25%, CXOs– 40%, and Executives – 35%
By Region: Asia Pacific – 40%, Europe - 30%, North America- 16%, and RoW- 14%
Leading players profiled in this report include the following:
•Signify Holding (Netherlands)
•Heliospectra AB (Sweden)
•ScottsMiracle-Gro (US)
•Argus Control Systems (Canada)
•Logiqs B.V. (Netherlands)
•LumiGrow, Inc. (US)
•Hydroponic Systems International (Spain)
•Hydrodynamics International (US)
•American Hydroponics (US)
•Advanced Nutrients (US)
•Emerald Harvest (US)
•VitaLink (UK)
•Freight Farms (US)
•AeroFarms (US)
•Triton Foodworks Pvt. Ltd. (India)
•Green Sense Farms (US)
•Emirates Hydroponic Farm (UAE)
•Gotham Greens (US)
•Nature’s Miracle (India)
•Bright Farms (US)
•InFarm (Germany)
•Badia Farms (UAE)
Research Coverage
This report segments the hydroponics market on the basis of type, equipment, input, crop type, farming method, crop area, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the hydroponics market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
•To get a comprehensive overview of the hydroponics market
•To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
•To gain insights about the major countries/regions, in which the hydroponics market is flourishing
1INTRODUCTION27
1.1OBJECTIVES27
1.2MARKET DEFINITION27
1.3MARKET SCOPE28
FIGURE 1HYDROPONICS MARKET SEGMENTATION28
1.3.1GEOGRAPHIC SCOPE29
1.3.2PERIOD CONSIDERED29
1.4CURRENCY CONSIDERED30
TABLE 1USD EXCHANGE RATES CONSIDERED FOR THE STUDY, 2018–202130
1.5STAKEHOLDERS31
1.6SUMMARY OF CHANGES31
2RESEARCH METHODOLOGY32
2.1RESEARCH DATA32
FIGURE 2HYDROPONICS MARKET: RESEARCH DESIGN CHART32
2.1.1SECONDARY DATA33
2.1.1.1Key data from secondary sources33
2.1.2PRIMARY DATA34
2.1.2.1Key data from primary sources34
FIGURE 3EXPERT INSIGHTS35
2.1.2.2Breakdown of primary interviews35
FIGURE 4BREAKDOWN OF PRIMARY INTERVIEWS, BY VALUE CHAIN, DESIGNATION, AND REGION35
2.2MARKET SIZE ESTIMATION36
2.2.1HYDROPONICS MARKET SIZE ESTIMATION, BY CROP TYPE37
2.2.2HYDROPONICS MARKET SIZE ESTIMATION, BY TYPE38
2.3DATA TRIANGULATION39
FIGURE 5DATA TRIANGULATION METHODOLOGY39
2.4ASSUMPTIONS40
2.5LIMITATIONS40
3EXECUTIVE SUMMARY41
TABLE 2HYDROPONICS MARKET SNAPSHOT, 2022 VS. 202742
FIGURE 6HYDROPONICS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)43
FIGURE 7HYDROPONICS MARKET, BY INPUT, 2022 VS. 2027 (USD MILLION)43
FIGURE 8HYDROPONICS MARKET, BY CROP TYPE, 2022 VS. 2027 (USD MILLION)44
FIGURE 9HYDROPONICS MARKET, BY EQUIPMENT, 2022 VS. 2027 (USD MILLION)44
FIGURE 10HYDROPONICS MARKET, BY FARMING METHOD, 2022 VS. 2027 (USD MILLION)45
FIGURE 11HYDROPONICS MARKET, BY CROP AREA, 2022 VS. 2027 (USD MILLION)45
FIGURE 12HYDROPONICS MARKET (VALUE), BY REGION46
4PREMIUM INSIGHTS47
4.1ATTRACTIVE OPPORTUNITIES IN HYDROPONICS MARKET47
FIGURE 13RISE IN DEMAND FOR FRESH FOOD IN URBAN AREAS ACROSS GLOBE TO DRIVE MARKET FOR HYDROPONICS47
4.2EUROPE: HYDROPONICS MARKET, BY CROP TYPE & COUNTRY48
FIGURE 14VEGETABLES SEGMENT AND NETHERLANDS TO ACCOUNT FOR LARGEST RESPECTIVE SHARES IN EUROPEAN MARKET IN 202248
4.3HYDROPONICS MARKET, BY TYPE48
FIGURE 15LIQUID SYSTEMS TO DOMINATE MARKET DURING FORECAST PERIOD48
4.4HYDROPONICS MARKET, BY KEY CROP TYPE & REGION49
FIGURE 16VEGETABLES AND EUROPE TO DOMINATE RESPECTIVE SEGMENTS DURING FORECAST PERIOD49
4.5HYDROPONICS MARKET, BY CROP TYPE50
FIGURE 17VEGETABLE CULTIVATION TO BE LARGEST MARKET DURING FORECAST PERIOD50
4.6HYDROPONICS MARKET, BY INPUT50
FIGURE 18NUTRIENT INPUT TO DOMINATE MARKET DURING FORECAST PERIOD50
4.7HYDROPONICS MARKET, BY EQUIPMENT51
FIGURE 19LED GROW LIGHTS TO LEAD MARKET DURING FORECAST PERIOD51
4.8HYDROPONICS MARKET, BY FARMING METHOD51
FIGURE 20INDOOR FARMING TO DOMINATE MARKET DURING FORECAST PERIOD51
4.9HYDROPONICS MARKET, BY CROP AREA52
FIGURE 21CROP AREAS OF ABOVE 50,000 TO BE LARGEST MARKET DURING FORECAST PERIOD52
5MARKET OVERVIEW53
5.1INTRODUCTION53
5.2MACROECONOMIC INDICATORS53
5.2.1RISE IN RATE OF URBANIZATION AND DECLINE IN ARABLE LAND53
FIGURE 22PERCENTAGE OF LAND USED FOR AGRICULTURE, 1990–201854
FIGURE 23MOST URBANIZED REGIONS, 201854
5.3MARKET DYNAMICS55
FIGURE 24HYDROPONICS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES55
5.3.1DRIVERS55
5.3.1.1Higher yield compared with conventional agricultural practices55
TABLE 3PER-ACRE YIELD OF CROPS: SOIL CULTIVATION VS. HYDROPONICS56
5.3.1.2Controlled environment farming eliminates external factors on crop growth57
FIGURE 25HARVESTED AREA OF GREENHOUSE VEGETABLES, 2012–2016 (HA)57
5.3.1.3Conservation of natural resources58
5.3.1.3.1Improved yield and higher productivity with limited land resources58
5.3.1.3.2Lower water utilization compared with conventional farming methods58
5.3.1.4Increase in demand for cannabis using hydroponics59
5.3.2RESTRAINTS59
5.3.2.1High capital investment for large-scale farms59
5.3.2.2Lack of government incentives and high prices of hydroponically grown produce dissuading market adoption60
5.3.3OPPORTUNITIES61
5.3.3.1Growth in popularity of hydroponics to provide high profit margins61
5.3.3.2Increase in application of hydroponic systems in restaurants and grocery stores62
5.3.4CHALLENGES62
5.3.4.1Debate on certifying hydroponic produce as organic62
FIGURE 26COUNTRIES WITH HIGHEST CONSUMPTION OF ORGANIC FOOD PER CAPITA, 2020 (EUR)63
5.3.4.2Spread of waterborne diseases and algae in closed systems64
5.3.4.3Risk of equipment failure and delay in learning curve among growers64
6INDUSTRY TRENDS65
6.1INTRODUCTION65
6.2VALUE CHAIN ANALYSIS65
FIGURE 27HYDROPONICS MARKET: VALUE CHAIN ANALYSIS65
6.2.1RAW MATERIALS66
6.2.2HYDROPONIC SYSTEM PROVIDERS66
6.2.3HYDROPONIC TECHNOLOGY PROVIDERS66
6.2.4CONSULTING & MANAGEMENT SERVICES66
6.2.5GROWERS & END USERS66
6.3TECHNOLOGY ANALYSIS67
6.4PRICING ANALYSIS67
FIGURE 28HYDROPONICS MARKET PRICING ANALYSIS AMONG KEY PLAYERS, BY MAJOR EQUIPMENT, 2021 (USD/UNIT)68
FIGURE 29HYDROPONICS AVERAGE PRICING ANALYSIS, BY REGION, 2017–2021 (USD/SQUARE FOOT)68
FIGURE 30HYDROPONICS AVERAGE PRICING ANALYSIS, BY MAJOR EQUIPMENT, 2017–2021 (USD/UNIT)68
6.5PATENT ANALYSIS69
FIGURE 31PATENTS GRANTED FOR HYDROPONICS MARKET, 2011–202169
FIGURE 32REGIONAL ANALYSIS OF PATENTS GRANTED FOR HYDROPONICS MARKET, 2011–202170
TABLE 4KEY PATENTS PERTAINING TO HYDROPONICS MARKET, 202070
6.6MARKET MAP73
FIGURE 33HYDROPONICS MARKET MAP73
TABLE 5HYDROPONICS MARKET: ECOSYSTEM73
6.7PORTER’S FIVE FORCES ANALYSIS74
TABLE 6HYDROPONICS MARKET: PORTER’S FIVE FORCES ANALYSIS74
6.7.1THREAT FROM NEW ENTRANTS74
6.7.2THREAT FROM SUBSTITUTES74
6.7.3BARGAINING POWER OF SUPPLIERS74
6.7.4BARGAINING POWER OF BUYERS75
6.7.5DEGREE OF COMPETITION75
6.8TRADE ANALYSIS75
TABLE 7TOP TEN IMPORTERS AND EXPORTERS OF POLYCARBONATES, 2021 (KT AND USD ‘000)75
TABLE 8TOP TEN IMPORTERS AND EXPORTERS OF POLYETHYLENE, 202176
TABLE 9TOP TEN IMPORTERS AND EXPORTERS OF POLYMETHYL-METHACRYLATE, 2021 (KT AND ‘000)76
TABLE 10TOP TEN IMPORTERS AND EXPORTERS OF POLYVINYL CHLORIDE, 2021 (KT AND USD ‘000)77
6.9KEY CONFERENCES & EVENTS77
TABLE 11HYDROPONICS MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2022–202377
6.10TARIFF AND REGULATORY LANDSCAPE78
6.10.1KEY REGULATIONS FOR HYDROPONICS78
6.10.1.1North America78
6.10.1.1.1US78
6.10.1.1.2Canada78
6.10.1.2Europe79
6.10.1.3Asia Pacific79
6.10.1.3.1India79
6.10.1.3.2China80
6.10.2REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS80
TABLE 12NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS80
TABLE 13EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS81
TABLE 14ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS82
TABLE 15REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS82
6.10.3TRENDS/DISRUPTIONS IMPACTING BUYERS IN HYDROPONICS MARKET83
FIGURE 34TRENDS/DISRUPTIONS IMPACTING BUYERS IN HYDROPONICS MARKET83
6.11CASE STUDY ANALYSIS84
6.11.1FREIGHT FARMS’ GREENERY S HELPED NEW GROWERS START BUSINESSES84
6.11.2SIGNIFY’S LED LIGHTING SOLUTION FOR GOODLEAF TO INCREASE PERENNIAL FOOD PRODUCTION84
6.12KEY STAKEHOLDERS AND BUYING CRITERIA85
6.12.1KEY STAKEHOLDERS IN BUYING PROCESS85
FIGURE 35INFLUENCE OF STAKEHOLDERS IN BUYING HYDROPONIC SYSTEMS, BY TYPE85
TABLE 16INFLUENCE OF STAKEHOLDERS IN BUYING TOP TWO TYPES85
6.12.2BUYING CRITERIA86
FIGURE 36KEY BUYING CRITERIA FOR HYDROPONIC FARMING METHODS86
TABLE 17KEY BUYING CRITERIA FOR HYDROPONICS FARMING METHOD TYPES86
7HYDROPONICS MARKET, BY TYPE87
7.1INTRODUCTION88
FIGURE 37HYDROPONICS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)88
TABLE 18HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)89
TABLE 19HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)89
7.2AGGREGATE SYSTEMS89
7.2.1PREFERABLE USAGE FOR HEAVIER CROPS TO DRIVE GROWTH OF AGGREGATE SYSTEMS89
TABLE 20AGGREGATE HYDROPONIC SYSTEMS MARKET, BY REGION, 2019–2021 (USD MILLION)90
TABLE 21AGGREGATE HYDROPONIC SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)90
TABLE 22AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)90
TABLE 23AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)90
7.2.2EBB & FLOW SYSTEMS91
TABLE 24EBB & FLOW HYDROPONIC SYSTEMS MARKET, BY REGION, 2019–2021 (USD MILLION)91
TABLE 25EBB & FLOW HYDROPONIC SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)92
7.2.3DRIP SYSTEMS92
TABLE 26DRIP HYDROPONIC SYSTEMS MARKET, BY REGION, 2019–2021 (USD MILLION)93
TABLE 27DRIP HYDROPONIC SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)93
7.2.4WICK SYSTEMS93
TABLE 28WICK HYDROPONIC SYSTEMS MARKET, BY REGION, 2019–2021 (USD MILLION)94
TABLE 29WICK HYDROPONIC SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)94
7.3LIQUID SYSTEMS94
7.3.1HIGH PREFERENCE FOR VEGETABLE CULTIVATION AND HYBRID FARMING TO PROPEL GROWTH OPPORTUNITIES94
TABLE 30LIQUID HYDROPONIC SYSTEMS MARKET, BY REGION, 2019–2021 (USD MILLION)95
TABLE 31LIQUID HYDROPONIC SYSTEMS MARK, BY REGION, 2022–2027 (USD MILLION)95
TABLE 32LIQUID HYDROPONIC SYSTEMS MARK, BY SUBTYPE, 2019–2021 (USD MILLION)96
TABLE 33LIQUID HYDROPONIC SYSTEMS MARK, BY SUBTYPE, 2022–2027 (USD MILLION)96
7.3.2DEEP WATER CULTURE96
TABLE 34DEEP WATER CULTURE HYDROPONIC SYSTEMS MARKET, BY REGION, 2019–2021 (USD MILLION)97
TABLE 35DEEP WATER CULTURE HYDROPONIC SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)97
7.3.3NUTRIENT FILM TECHNIQUE (NFT)98
TABLE 36NFT HYDROPONICS MARKET, BY REGION, 2019–2021 (USD MILLION)99
TABLE 37NFT HYDROPONICS MARKET, BY REGION, 2022–2027 (USD MILLION)99
7.3.4AEROPONICS99
TABLE 38AEROPONICS MARKET, BY REGION, 2019–2021 (USD MILLION)100
TABLE 39AEROPONICS MARKET, BY REGION, 2022–2027 (USD MILLION)100
8HYDROPONICS MARKET, BY EQUIPMENT101
8.1INTRODUCTION102
FIGURE 38HYDROPONICS MARKET, BY EQUIPMENT, 2022 VS. 2027 (USD MILLION)102
TABLE 40HYDROPONICS MARKET, BY EQUIPMENT, 2019–2021 (USD MILLION)103
TABLE 41HYDROPONICS MARKET, BY EQUIPMENT, 2022–2027 (USD MILLION)103
8.2HVAC103
8.2.1UNCERTAINTIES IN REGIONAL CLIMATE AND RISE OF MODERN FARMING TECHNIQUES AND EQUIPMENT TO DRIVE DEMAND103
8.3LED GROW LIGHTS104
8.3.1LED GROW LIGHTS: HIGH-COST EQUIPMENT IN HYDROPONIC SYSTEMS104
8.4CONTROL SYSTEMS105
8.4.1INCREASE IN SCOPE FOR AUTOMATION AND SMART FARMING TO CREATE GROWTH OPPORTUNITIES FOR CONTROL SYSTEMS105
8.5IRRIGATION SYSTEMS105
8.5.1RISE IN DEMAND FOR WATER-USE-EFFICIENT AND SMART IRRIGATION SYSTEMS—FACTORS FOR MARKET GROWTH105
8.6MATERIAL HANDLING EQUIPMENT106
8.6.1FOCUS ON SHORTENING SUPPLY CHAIN THROUGH FARM-TO-FORK CONCEPT TO DRIVE DEMAND FOR MATERIAL HANDLING EQUIPMENT106
8.7OTHER EQUIPMENT106
9HYDROPONICS MARKET, BY INPUT107
9.1INTRODUCTION108
FIGURE 39HYDROPONICS MARKET, BY INPUT, 2022 VS. 2027 (USD MILLION)108
TABLE 42HYDROPONICS MARKET, BY INPUT, 2019–2021 (USD MILLION)108
TABLE 43HYDROPONICS MARKET, BY INPUT, 2022–2027 (USD MILLION)109
9.2NUTRIENTS109
9.2.1NUTRIENTS ESSENTIAL IN HYDROPONIC SYSTEMS FOR ALL CROPS GROWN109
TABLE 44HYDROPONIC NUTRIENT INPUT MARKET, BY REGION, 2019–2021 (USD MILLION)109
TABLE 45HYDROPONIC NUTRIENT INPUT MARKET, BY REGION, 2022–2027 (USD MILLION)110
TABLE 46HYDROPONIC NUTRIENT INPUT MARKET, BY NUTRIENT TYPE, 2019–2021 (USD MILLION)110
TABLE 47HYDROPONIC NUTRIENT INPUT MARKET, BY NUTRIENT TYPE, 2022–2027 (USD MILLION)110
9.2.2NPK111
9.2.3TRACE MINERALS111
9.2.4OTHER NUTRIENTS111
9.3GROW MEDIA112
9.3.1SUPPORT FOR PLANT GROWTH IN HYDROPONIC SYSTEMS OWING TO LOW COSTS TO DRIVE MARKET IN DEVELOPING COUNTRIES112
TABLE 48HYDROPONIC GROW MEDIA INPUT MARKET, BY REGION, 2019–2021 (USD MILLION)112
TABLE 49HYDROPONIC GROW MEDIA INPUT MARKET, BY REGION, 2022–2027 (USD MILLION)112
TABLE 50HYDROPONIC GROW MEDIA INPUT MARKET, BY GROW MEDIA TYPE, 2019–2021 (USD MILLION)113
TABLE 51HYDROPONIC GROW MEDIA INPUT MARKET, BY GROW MEDIA TYPE, 2022–2027 (USD MILLION)113
9.3.2ROCKWOOL113
9.3.3PERLITE & VERMICULITE114
9.3.4COCO FIBER114
9.3.5OTHER GROW MEDIA114
10HYDROPONICS MARKET, BY CROP TYPE115
10.1INTRODUCTION116
FIGURE 40HYDROPONICS MARKET, BY CROP TYPE, 2022 VS. 2027 (USD MILLION)116
TABLE 52HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)117
TABLE 53HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)117
10.2VEGETABLES117
10.2.1WIDER ACCEPTANCE OF HYDROPONICS FOR GROWING VEGETABLES ACROSS MULTIPLE REGIONS TO FUEL DEMAND117
TABLE 54HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY REGION, 2019–2021 (USD MILLION)118
TABLE 55HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY REGION, 2022–2027 (USD MILLION)118
TABLE 56HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY CROP TYPE, 2019–2021 (USD MILLION)118
TABLE 57HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY CROP TYPE, 2022–2027 (USD MILLION)119
10.2.2TOMATOES119
10.2.3LEAFY GREENS119
10.2.4CUCUMBERS120
10.2.5PEPPERS120
10.2.6OTHER VEGETABLES120
10.3FRUITS120
10.3.1RISE IN DEMAND AND YEAR-LONG HARVEST BENEFITS TO SUPPLEMENT HYDROPONIC FRUIT GROWTH120
TABLE 58HYDROPONICS MARKET IN FRUIT CULTIVATION, BY REGION, 2019–2021 (USD MILLION)121
TABLE 59HYDROPONICS MARKET IN FRUIT CULTIVATION, BY REGION, 2022–2027 (USD MILLION)121
10.4FLOWERS122
10.4.1HYDROPONIC ADOPTION FOR FLOWERS HIGHEST IN NETHERLANDS122
TABLE 60HYDROPONICS MARKET IN FLOWER CULTIVATION, BY REGION, 2019–2021 (USD MILLION)122
TABLE 61HYDROPONICS MARKET IN FLOWER CULTIVATION, BY REGION, 2022–2027 (USD MILLION)122
10.5OTHER CROP TYPES123
TABLE 62HYDROPONICS MARKET IN OTHER CROP CULTIVATION, BY REGION, 2019–2021 (USD MILLION)123
TABLE 63HYDROPONICS MARKET IN OTHER CROP CULTIVATION, BY REGION, 2022–2027 (USD MILLION)123
11HYDROPONICS MARKET, BY FARMING METHOD124
11.1INTRODUCTION125
FIGURE 41HYDROPONICS MARKET, BY FARMING METHOD, 2022 VS. 2027 (USD MILLION)125
TABLE 64HYDROPONICS MARKET, BY FARMING METHOD, 2019–2021 (USD MILLION)125
TABLE 65HYDROPONICS MARKET, BY FARMING METHOD, 2022–2027 (USD MILLION)126
11.2OUTDOOR FARMING126
11.2.1LESS REQUIREMENT OF ENERGY RESOURCES TO ALLOW COST SAVING IN OUTDOOR FARMING126
11.3INDOOR FARMING126
11.3.1BETTER CONTROL OVER GROWING ENVIRONMENT TO INCREASE YIELD126
11.3.1.1LED light-based126
11.3.1.2Natural light-based127
12HYDROPONICS MARKET, BY CROP AREA128
12.1INTRODUCTION129
FIGURE 42HYDROPONICS MARKET, BY CROP AREA, 2022 VS. 2027 (USD MILLION)129
TABLE 66HYDROPONICS MARKET, BY CROP AREA, 2019–2021 (USD MILLION)129
TABLE 67HYDROPONICS MARKET, BY CROP AREA, 2022–2027 (USD MILLION)130
12.2UP TO 1,000 SQUARE FEET130
12.2.1LOW MAINTENANCE COSTS IN INDOOR SPACES TO DRIVE GROWTH130
12.31,000–5,000 SQUARE FEET130
12.3.1OUTDOOR FARMS WITH VARIED PURPOSES TO DRIVE MARKET130
12.45,001–10,000 SQUARE FEET130
12.4.1LARGE FARMS FOR DESIRED CROPS TO GAIN POPULARITY130
12.510,001–50,000 SQUARE FEET131
12.5.1LARGE SPACES OFFER FLEXIBILITY IN SYSTEM TYPE131
12.6ABOVE 50,000 SQUARE FEET131
12.6.1COMMERCIAL FARMS USE ADVANCED EQUIPMENT FOR BETTER PRODUCTIVITY131
13HYDROPONICS MARKET, BY REGION132
13.1INTRODUCTION133
FIGURE 43GEOGRAPHIC SNAPSHOT (2022–2027): RAPIDLY GROWING MARKETS EMERGE AS NEW HOT SPOTS134
TABLE 68HYDROPONIC TYPES MARKET, BY REGION, 2019–2021 (USD MILLION)134
TABLE 69HYDROPONIC TYPES MARKET, BY REGION, 2022–2027 (USD MILLION)135
TABLE 70HYDROPONIC INPUTS MARKET, BY REGION, 2019–2021 (USD MILLION)135
TABLE 71HYDROPONIC INPUTS MARKET, BY REGION, 2022–2027 (USD MILLION)135
TABLE 72HYDROPONIC CROP MARKET, BY REGION, 2019–2021 (USD MILLION)136
TABLE 73HYDROPONIC CROP MARKET, BY REGION, 2022–2027 (USD MILLION)136
13.2NORTH AMERICA136
TABLE 74NORTH AMERICA: HYDROPONIC TYPES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)137
TABLE 75NORTH AMERICA: HYDROPONIC TYPES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)137
TABLE 76NORTH AMERICA: HYDROPONIC CROP TYPES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)137
TABLE 77NORTH AMERICA: HYDROPONIC CROP TYPES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)138
TABLE 78NORTH AMERICA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)138
TABLE 79NORTH AMERICA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)138
TABLE 80NORTH AMERICA: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)138
TABLE 81NORTH AMERICA: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)139
TABLE 82NORTH AMERICA: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)139
TABLE 83NORTH AMERICA: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)139
TABLE 84NORTH AMERICA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)140
TABLE 85NORTH AMERICA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)140
TABLE 86NORTH AMERICA: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2019–2021 (USD MILLION)140
TABLE 87NORTH AMERICA: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2022–2027 (USD MILLION)141
TABLE 88NORTH AMERICA: HYDROPONICS MARKET, BY INPUT, 2019–2021 (USD MILLION)141
TABLE 89NORTH AMERICA: HYDROPONICS MARKET, BY INPUT, 2022–2027 (USD MILLION)141
13.2.1US141
13.2.1.1Favorable government schemes and newer farming kits and techniques by hydroponic system providers to propel market141
TABLE 90US: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)142
TABLE 91US: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)142
TABLE 92US: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)142
TABLE 93US: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)143
13.2.2CANADA143
13.2.2.1High awareness about modern farming techniques to fuel growth prospects143
TABLE 94CANADA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)144
TABLE 95CANADA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)144
TABLE 96CANADA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)144
TABLE 97CANADA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)144
13.2.3MEXICO145
13.2.3.1Larger greenhouse area used for cultivation to be major factor145
TABLE 98MEXICO: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)145
TABLE 99MEXICO: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)146
TABLE 100MEXICO: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)146
TABLE 101MEXICO: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)146
13.3EUROPE147
FIGURE 44EUROPE: HYDROPONICS MARKET SNAPSHOT148
TABLE 102EUROPE: HYDROPONIC TYPES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)149
TABLE 103EUROPE: HYDROPONIC TYPES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)149
TABLE 104EUROPE: HYDROPONIC CROP TYPES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)150
TABLE 105EUROPE: HYDROPONIC CROP TYPES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)150
TABLE 106EUROPE: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)150
TABLE 107EUROPE: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)151
TABLE 108EUROPE: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)151
TABLE 109EUROPE: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)151
TABLE 110EUROPE: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)151
TABLE 111EUROPE: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)152
TABLE 112EUROPE: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)152
TABLE 113EUROPE: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)152
TABLE 114EUROPE: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2019–2021 (USD MILLION)153
TABLE 115EUROPE: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2022–2027 (USD MILLION)153
TABLE 116EUROPE: HYDROPONICS MARKET, BY INPUT, 2019–2021 (USD MILLION)153
TABLE 117EUROPE: HYDROPONICS MARKET, BY INPUT, 2022–2027 (USD MILLION)154
13.3.1NETHERLANDS154
13.3.1.1Greater inclination toward efficient farming to drive growth154
TABLE 118NETHERLANDS: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)154
TABLE 119NETHERLANDS: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)155
TABLE 120NETHERLANDS: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)155
TABLE 121NETHERLANDS: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)155
13.3.2GERMANY155
13.3.2.1Establishment of hydroponic farms by recognized and regional players to fuel market155
TABLE 122GERMANY: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)156
TABLE 123GERMANY: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)156
TABLE 124GERMANY: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)156
TABLE 125GERMANY: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)157
13.3.3UK157
13.3.3.1Government support to set up vertical farms to power market157
TABLE 126UK: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)157
TABLE 127UK: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)157
TABLE 128UK: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)158
TABLE 129UK: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)158
13.3.4SPAIN158
13.3.4.1Increase in investments in sustainable farming practices and advanced set-ups to help achieve greater produce158
TABLE 130SPAIN: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)159
TABLE 131SPAIN: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)159
TABLE 132SPAIN: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)159
TABLE 133SPAIN: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)159
13.3.5ITALY160
13.3.5.1Growth in organic croplands and rise in supply of organic products to bolster demand for hydroponics160
TABLE 134ITALY: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)160
TABLE 135ITALY: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)160
TABLE 136ITALY: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)161
TABLE 137ITALY: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)161
13.3.6FRANCE161
13.3.6.1Gradual adoption of modern farming techniques to increase opportunities161
TABLE 138FRANCE: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)162
TABLE 139FRANCE: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)162
TABLE 140FRANCE: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)162
TABLE 141FRANCE: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)162
13.3.7POLAND163
13.3.7.1Increase in awareness and steady adoption among local cultivators to exhibit a positive outlook163
TABLE 142POLAND: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)163
TABLE 143POLAND: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)163
TABLE 144POLAND: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)163
TABLE 145POLAND: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)164
13.3.8TURKEY164
13.3.8.1Increase in protected cultivation to support growth of hydroponics164
TABLE 146TURKEY: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)164
TABLE 147TURKEY: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)165
TABLE 148TURKEY: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)165
TABLE 149TURKEY: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)165
13.3.9REST OF EUROPE165
TABLE 150REST OF EUROPE: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)166
TABLE 151REST OF EUROPE: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)166
TABLE 152REST OF EUROPE: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)166
TABLE 153REST OF EUROPE: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)166
13.4ASIA PACIFIC167
FIGURE 45ASIA PACIFIC: HYDROPONICS MARKET SNAPSHOT168
TABLE 154ASIA PACIFIC: HYDROPONIC TYPES MARKET, BY COUNTRY/REGION, 2019–2021 (USD MILLION)169
TABLE 155ASIA PACIFIC: HYDROPONIC TYPES MARKET, BY COUNTRY/REGION, 2022–2027 (USD MILLION)169
TABLE 156ASIA PACIFIC: HYDROPONIC CROP TYPES MARKET, BY COUNTRY/REGION, 2019–2021 (USD MILLION)170
TABLE 157ASIA PACIFIC: HYDROPONIC CROP TYPES MARKET, BY COUNTRY/REGION, 2022–2027 (USD MILLION)170
TABLE 158ASIA PACIFIC: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)171
TABLE 159ASIA PACIFIC: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)171
TABLE 160ASIA PACIFIC: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)171
TABLE 161ASIA PACIFIC: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)171
TABLE 162ASIA PACIFIC: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)172
TABLE 163ASIA PACIFIC: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)172
TABLE 164ASIA PACIFIC: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)172
TABLE 165ASIA PACIFIC: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)173
TABLE 166ASIA PACIFIC: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2019–2021 (USD MILLION)173
TABLE 167ASIA PACIFIC: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2022–2027 (USD MILLION)173
TABLE 168ASIA PACIFIC: HYDROPONICS MARKET, BY INPUT, 2019–2021 (USD MILLION)174
TABLE 169ASIA PACIFIC: HYDROPONICS MARKET, BY INPUT, 2022–2027 (USD MILLION)174
13.4.1CHINA174
13.4.1.1Population growth and favorable regulatory environment to drive adoption of hydroponics174
TABLE 170CHINA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)175
TABLE 171CHINA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)175
TABLE 172CHINA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)175
TABLE 173CHINA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)175
13.4.2INDIA176
13.4.2.1Shift toward in-house cultivation and investments by key players to propel market growth176
TABLE 174INDIA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)176
TABLE 175INDIA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)177
TABLE 176INDIA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)177
TABLE 177INDIA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)177
13.4.3JAPAN178
13.4.3.1Government and related institutions’ initiatives to promote greenhouse farming to drive market178
TABLE 178JAPAN: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)178
TABLE 179JAPAN: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)179
TABLE 180JAPAN: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)179
TABLE 181JAPAN: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)179
13.4.4AUSTRALIA & NEW ZEALAND180
13.4.4.1Scarcity of fresh water and harsh climatic conditions to promote growth of hydroponics180
TABLE 182AUSTRALIA & NEW ZEALAND: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)180
TABLE 183AUSTRALIA & NEW ZEALAND: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)180
TABLE 184AUSTRALIA & NEW ZEALAND: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)181
TABLE 185AUSTRALIA & NEW ZEALAND: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)181
13.4.5SOUTH KOREA181
13.4.5.1Small agricultural field size led to increased adoption of hydroponics181
TABLE 186SOUTH KOREA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)182
TABLE 187SOUTH KOREA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)182
TABLE 188SOUTH KOREA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)182
TABLE 189SOUTH KOREA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)183
13.4.6SINGAPORE183
13.4.6.1Trend toward food security with minimum wastage to fuel growth183
TABLE 190SINGAPORE: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)183
TABLE 191SINGAPORE: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)183
TABLE 192SINGAPORE: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)184
TABLE 193SINGAPORE: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)184
13.4.7VIETNAM184
13.4.7.1Greater need for fresh vegetables and fruits to boost demand for hydroponics184
TABLE 194VIETNAM: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)184
TABLE 195VIETNAM: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)185
TABLE 196VIETNAM: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)185
TABLE 197VIETNAM: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)185
13.4.8MALAYSIA185
13.4.8.1Higher demand for urban farming to reduce wastage to impact hydroponics185
TABLE 198MALAYSIA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)186
TABLE 199MALAYSIA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)186
TABLE 200MALAYSIA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)186
TABLE 201MALAYSIA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)186
13.4.9THAILAND187
13.4.9.1Increase in awareness and shift in consumer preference toward new technology to impact market187
TABLE 202THAILAND: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)187
TABLE 203THAILAND: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)187
TABLE 204THAILAND: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)187
TABLE 205THAILAND: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)188
13.4.10INDONESIA188
13.4.10.1Adoption of newer technology for in-house crop cultivation to boost market188
TABLE 206INDONESIA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)188
TABLE 207INDONESIA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)188
TABLE 208INDONESIA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)189
TABLE 209INDONESIA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)189
13.4.11REST OF ASIA PACIFIC189
TABLE 210REST OF ASIA PACIFIC: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)189
TABLE 211REST OF ASIA PACIFIC: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)190
TABLE 212REST OF ASIA PACIFIC: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)190
TABLE 213REST OF ASIA PACIFIC: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)190
13.5SOUTH AMERICA191
TABLE 214SOUTH AMERICA: HYDROPONIC TYPES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)191
TABLE 215SOUTH AMERICA: HYDROPONIC TYPES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)191
TABLE 216SOUTH AMERICA: HYDROPONIC CROP TYPES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)192
TABLE 217SOUTH AMERICA: HYDROPONIC CROP TYPES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)192
TABLE 218SOUTH AMERICA: HYDROPONICS MARKET, BY TYPE, 2019–2021 (USD MILLION)192
TABLE 219SOUTH AMERICA: HYDROPONICS MARKET, BY TYPE, 2022–2027 (USD MILLION)192
TABLE 220SOUTH AMERICA: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)193
TABLE 221SOUTH AMERICA: AGGREGATE HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)193
TABLE 222SOUTH AMERICA: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2019–2021 (USD MILLION)193
TABLE 223SOUTH AMERICA: LIQUID HYDROPONIC SYSTEMS MARKET, BY SUBTYPE, 2022–2027 (USD MILLION)194
TABLE 224SOUTH AMERICA: HYDROPONICS MARKET, BY CROP TYPE, 2019–2021 (USD MILLION)194
TABLE 225SOUTH AMERICA: HYDROPONICS MARKET, BY CROP TYPE, 2022–2027 (USD MILLION)194
TABLE 226SOUTH AMERICA: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2019–2021 (USD MILLION)195
TABLE 227SOUTH AMERICA: HYDROPONICS MARKET IN VEGETABLE CULTIVATION, BY SUBTYPE, 2022–2027 (USD MILLION)195
TABLE 228SOUTH AMERICA: HYDROPONICS MARKET, BY INPUT, 201
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