Market Overview
The 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 2020. 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.
The global population count is set to reach the 9 billion mark by 2050, and the food resources are depleting at a proportionate rate. With the progressive integration of technology with agricultural practices there have been significant improvements in conventional farming practices, yield quantities, and associated returns on investments. However, in the past decade there has been constant degradation of natural resources such as land and water. This along with several other monetary reasons has led to an alarming need of switching to unconventional farming techniques, such as hydroponics, which does not depend on soil, fertile land, and water resources for cultivation.
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.
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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
By Downstream Analysis-
The global population count is set to reach the 9 billion mark by 2050, and the food resources are depleting at a proportionate rate. With the progressive integration of technology with agricultural practices there have been significant improvements in conventional farming practices, yield quantities, and associated returns on investments. However, in the past decade there has been constant degradation of natural resources such as land and water. This along with several other monetary reasons has led to an alarming need of switching to unconventional farming techniques, such as hydroponics, which does not depend on soil, fertile land, and water resources for cultivation.
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.
Table of Contents
1 EXECUTIVE SUMMARY
2 REPORT DESCRIPTION
3 INTRODUCTION TO HYDROPONICS
4 GLOBAL HYDROPONICS MARKET SNAPSHOT
5 HYDROPONICS INDUSTRY ANALYSIS
6 HYDROPONICS MARKET DYNAMICS
7 ANALYSIS OF KEY CROPS IN THE GLOBAL HYDROPONICS MARKET
8 GEOGRAPHICAL ANALYSIS FOR GLOBAL HYDROPONICS MARKET
9 INDIAN HYDROPONICS MARKET STATISTICS AND DYNAMICS
10 ANALYSING THE INDIAN HYDROPONICS MARKET
11 HYDROPONICS COMPETITIVE LANDSCAPE
12 KEY HYDROPONIC PRODUCERS PROFILE
13 HYDROPONICS: THE WAY FORWARD
Continued….
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List of Tables
TABLE 1 THREAT FROM NEW ENTRANTS
TABLE 2 THREAT FROM SUBSTITUTES
TABLE 3 BARGAINING POWER OF SUPPLIER
TABLE 4 BARGAINING POWER OF BUYERS
TABLE 5 INTENSITY OF COMPETITIVE RIVALRY
TABLE 6 HYDROPONICS VS OPEN FIELD: COMPARING THE YIELDS (METRIC TONS/HECTARE)
TABLE 7 COMPARISON OF GROWING MARIJUANA IN SOIL-BASED AND SOIL-LESS MEDIUM
TABLE 8 COMPARISON OF OPEN VS GLASSHOUSE FARMING (WATER USE)
TABLE 9 VALUE BY HYDROPONIC CROP SEGMENT ($MILLION), 2015-2020
Continued….
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