Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
Introduction Report Description The Global Hydroponics Market was sized near USD X.X billion in 2016. The global Hydroponics Market is projected to grow with a CAGR of 6.3% during 2018-2024. Hydroponics is science of growing plants without soil by supplying nutrients and minerals through water. Hydroponic gardening is increasingly used owing to rapid growth of the plants, as hydroponic plants grow at a faster rate than the conventional soil grown plants. Moreover, this helps in harvesting a fresh produce through hydroponic garden. Furthermore, ease of use and cost effectiveness of the hydroponic gardening. This report estimates the market size of Hydroponics Market in terms of value (USD million) over the period of 2016 to 2024.The year 2017 is considered to be a base year, and 2018 to 2024 is considered to be a forecast period. Moreover, the market sizes for Hydroponics Market in numerous application is estimated in terms of value. This market research study provides detailed qualitative and quantitative analysis of the global hydroponics market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of Hydroponics Market. The market analysis covers major geographic regions, such as North America, Europe, AsiaPacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region. Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of Hydroponics Market. Moreover, the study highlights current market trends and provides forecast from 2018 to 2024. We also have highlighted future trends in the global Hydroponics Market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report Š Infinium Global Research
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly. Segmentation and Research Scope HYDROPONICS MARKET SEGMENTATION
HYDROPONICS MARKET
Vegetable Type
Cucumber Lettuce Spinach Peppers Others
Farming Type
Distribution Channel
Indoor Farming Outdoor Farming
Grocery Stores Unorganized Small Stores Whole Food and Specialty Stores Modern Trade (hypermarket/super market) Others
Region
North America Europe Asia Pacific RoW
The report on global hydroponics market covers segments such as vegetable type, farming type and distribution channel. On the basis of vegetable type the global hydroponics market is categorized into cucumber, lettuce, spinach, peppers, and others. Furthermore, on the basis of farming type the hydroponics market is segmented as indoor farming, outdoor farming, and virtual power plants. The distribution channel segments include grocery stores, unorganized small stores, whole food and specialty stores, industrial, and military. © Infinium Global Research
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
METHODOLOGY Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the Hydroponics market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days. Research Methodology: An Outline
Primary source of the information and data include Industry Experts/consultants Top level executives in the key market players Subject matter experts Academicians and research scholars
PRIMARY RESEARCH
Secondary sources of the information and data include Company annual reports Government/institutional publications Trade and associations journals Databases Websites and publications by research agencies Others
SECONDARY RESEARCH
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
RESEARCH APPROACHES- BOTTOM UP BOTTOM-UP APPROACH
Arriving at Global Market Size
Accumulation of the country level market size (value) Regional market size of hydroponics and its vegetable type, distribution channel and farming type
Market Share of Key Players
Segment revenue of the key players Country level market size by vegetable type, distribution channel and farming type (value)
Identifying key players in the hydroponics market
Accumulation of the regional/country market size (value) Global market size of vegetable type, distribution channel and farming type
Key Market Players
Arriving at Regional/Country Market Size
RESEARCH APPROACHES- TOP-DOWN Global Market
Market Segments
Determine the Regional Market Size Country Level Market Sizing
Global market size of hydroponics market Value for 2016 to 2024
% breakdown by market segments by vegetable type, distribution channel and farming type Value for 2016 and 2024
Regional market size of the hydroponics market (value) Regional market size of vegetable type, distribution channel and farming type
Country level market size of the hydroponics market in every region (value) Country level market size of vegetable type, distribution channel and farming type in every region
TOP-DOWN APPROACH
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
The study on global Hydroponics Market provides deep insights into the trends and opportunities in the market for the forecast period 2018 to 2024. Moreover, the market estimates are provided in terms of revenue in USD million. Furthermore, the research covers the analysis of the various segments in the global Hydroponics Market. The estimates in the global Hydroponics Market are based on both bottom-up and top-down approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of hydroponics market. In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the vegetable type and farming type.
IGR- RESEARCH METHOD AND DATA TRIANGULATION SECONDARY SOURCES
Infinium's Data Bank/ Know How
Top executives of end-use industries Intermediaries
C-level executives in the leading manufacturing products of hydroponics. Product managers Sales managers Industry consultants Distributors/Suppliers
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Industry Publications Government Agencies' Publications Industry news Data sources Others
Annual Reports Presentations Company Websites Press Releases News Articles Journals Paid Databases
Secondary Research
DATA TRIANGULATION & INFORMATION SOURCES
Company Publication
Supply Side
Primary Research
General Publications
Demand Side
PRIMARY SOURCES
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
The market size of hydroponics is determined based on the top down approach. The market size is validated using primary interview with the participants working in some of the leading players in the Hydroponics Market. The primary interview participants typically includes managers and CXO level executives of the leading players in this market. The primary interviews not only help identify the market size of the Hydroponics Market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the Hydroponics Market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of hydroponics. With the help of primary interviews and secondary research the market size of hydroponics is determined for each country studied, which then is added to arrive at regional market size and thereby obtaining global market size. This in turn helps us to validate the market size of hydroponicsin the world market. Executive Summary Global Hydroponics Market Highlights, (USD Million) The global Hydroponics Market is expected to grow at a CAGR of 6.3 % between 2018 and 2024 in terms of value. The global hydroponics market is driven by factors such as growing demand for food and vegans, increasing awareness level about the use of hydroponics to garner higher yields, shrinking agricultural land due to rapid industrial and residential constructions, and burgeoning demand for salads, and other vegetables due to growing health concerns among the consumers. On the contrary, the global market is likely to be restrained on the backdrop of cost associated with the hydroponic gardening. The global demand for hydroponic vegetables is likely to be driven by European countries owing to ageing population and growing prevalence of the hydroponic gardening in Europe. Europe currently accounts for the largest market share in the world market, while North America region is projected to grow at a substantial rate over the forecast period. Emerging countries in the Asia-pacific region such as India, and China are projected to play a crucial Š Infinium Global Research
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
role in the world hydroponic market in the years to come, owing to rapid development in the agriculture industry. The leading players in the global Hydroponics Market include American Hydroponics, Inc., Argus Controls, Bright Farms, Circle Fresh Farms, Hydrofarm, Inc.,Greentech Agro, Llc, Lumigrow, Inc, Koninklijke Philips NV, Pegasus Agritech and Terra Tech. Global Hydroponics Market Projection GLOBALHYDROPONICS MARKET, 2016 - 2024 (USD MILLION)
2016
2017
2018
2019
2020
2021
2022
2023
2024
Value
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
GLOBALHYDROPONICS MARKET, CAGR (USD MN) GROWTH BY REGIONS (2018 – 2024)
X.X
X.X
2018
2024
X.X
X.X
2018
2024 X.X
2018
X.X
2024
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2018 – 2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018 - 2024.
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
Market Overview & Competitiveness DRO Analysis DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global Hydroponics Market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the Hydroponics Market. Drivers refer to the factors that are expected to drive or boost the market size or demand for Shoe Polish. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favour the market conditions for growth of Hydroponics Market both in short run and long run. DRIVERS OF HYDROPONICS MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
DRIVERS
MID TERM IMPACT
LONG TERM IMPACT
Driver 1 Driver 2 Driver 3
HIGH
MEDIUM
LOW
RESTRAINTS OF HYDROPONICS MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
RESTRAINTS
MID TERM IMPACT
LONG TERM IMPACT
Restraint 1
Restraint 2
HIGH
MEDIUM
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
IGR- Growth Matrix Analysis Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and Device segment or region based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers Risky Zone: Low market size and low growth rate. Investment in this segment is risky Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments can be used as marketing strategies to consolidate the market in these segments. Opportunity Zone: High growth low market size Safe Zone: Moderate growth and moderate market size.
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
IGR- GROWTH MATRIX ANALYSIS Growth Rate
Opportunity Zone
Consolidation Zone
High
Low
Risky Zone
Retention Zone Market Size Low
High North America
Europe
Asia-Pacific
RoW
GLOBAL HYDROPONICS MARKET BY VEGETABLE TYPE, 2017- 2024 (REVENUE % SHARE) 2017
2024 Cucumber
Lettuce
Spinach
Peppers
Others
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
GLOBAL HYDROPONICS MARKET BY VEGETABLE TYPE, 2016- 2024 (USD MILLION)
2016
2017 Cucumber
2018 Lettuce
Spinach
Peppers
2024
Others
GLOBALCUCUMBERMARKET BY REGIONS, 2016- 2024 (USD MILLION)
2016
2017 North America
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2018 Europe
Asia-Pacific
2024
RoW
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
GLOBAL LETTUCEMARKET BY REGIONS, 2016- 2024 (USD MILLION)
2016
2017 North America
2018 Europe
Asia-Pacific
2024
RoW
GLOBAL LETTUCEMARKET BY REGIONS, 2016 - 2024(USD MILLION)
2016
2017 North America
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2018 Europe
Asia-Pacific
2024
RoW
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
GLOBAL PEPPERSMARKET BY REGIONS, 2016- 2024 (USD MILLION)
2016
2017 North America
2018 Europe
Asia-Pacific
2024
RoW
GLOBAL OTHERSMARKET BY REGIONS, 2016- 2024 (USD MILLION)
2016
2017 North America
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2018 Europe
Asia-Pacific
2024
RoW
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
GLOBAL HYDROPONICS MARKET BY REGION, 2017- 2024 (REVENUE % SHARE)
2017
2024
North America
Europe
Asia-Pacific
RoW
GLOBAL HYDROPONICS MARKET BY REGION, 2016- 2024 (USD MILLION)
2016
2017 North America
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2018 Europe
Asia-Pacific
2024
RoW
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Hydroponics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
Company Profiling American Hydroponics, Inc.
American Hydroponics, Inc. CONTACT DETAILS: Address: 286 South G Street Arcata, CA 95521-6670 USA Tele: 1.800.458.6543 Website: https://amhydro.com
KEY FEATURES: No. of Employees: xx No. of countries of operation: xx
SWOT ANALYSIS: STRENGHTS Sample text Sample text
OPPORTUNITIES Sample text Sample text
WEAKNESS Sample text Sample text
THREATS Sample text Sample text
PRODUCT PORTFOLIO: Product 1 Product 2 Product 3
Browse Detailed Description and Company Mentioned in this Report @https://www.infiniumglobalresearch.com/food-beverage/global-hydroponics-market
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