Hydroponics Market valuation of USD 13,842.3 Million by the end of 2023

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Hydroponic Crop Farming Market


Hydroponic Crop Farming Market : overview The global hydroponic crop farming market accounted for USD 3,489.7 Million in 2017. Further, the market is expected to reach to a valuation of USD 10,106.7 Million by the end of 2023. Moreover, it is anticipated to flourish at a CAGR of 18.2% during the forecast period i.e. 2018-2023. Increasing consumer demand for local foods is one of the key factors driving the growth of hydroponics crop farming market. Apart from this, private sector investment is envisioned to bolster the growth of the market in the upcoming years.


Hydroponic Crop Farming Market : Segmentation

By Crop • Lettuce • Microgreens • Medical Marijuana • Tomatoes • Herbs • Pepper • Cucumber • Others

By Farming Type • Indoor Farming • Outdoor Farming

By Sales • Hypermarket & Supermarket • Restaurant and Chefs • Grocery Stores • Bulk Suppliers & Distributors • Others


Hydroponic Crop Farming Market : Segmentation • North America (U.S. & Canada) • Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe) • Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific) • Latin America (Brazil, Mexico, Argentina and Rest of Latin America) • Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)


Hydroponic Crop Farming Market: Competitive Landscape • • • • • • • • • • •

Bowery Inc. Metropolis Farms Inc. Lufa Farms FreshBox Farms Cropking Inc. Triton Foodworks Hydroherbs Evergreen Farm Oy GrowUp Urban Farms Urban Harvest Other Major & Niche Players


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