Lucintel’s latest market report analyzed that hydroponic provides attractive opportunities vegetable, fruit, and flower farming. The hydroponic market is expected to grow at a CAGR of 11%-13%. In this market, liquid systems are the largest segment by type, whereas fruits are largest by crop type.
Download Brochure of this report by clicking on https://www.lucintel.com/hydroponic-market.aspx Based on type, the hydroponic market is segmented into aggregate systems and liquid systems. The liquid systems segment accounted for the largest share of the market in 2020 as the economics of liquid systems are observed to be feasible, since all liquid systems operate in a closed mode, which reduces the cost of nutrient solution.
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The hydroponic market is marked by the presence of several big and small players. Some of the prominent players offering hydroponic include Signify Holdings, Argus Control Systems, Heliospectra AB, Scotts Miracle Gro, American Hydroponics, LumiGrow, Emerald Harvest, Hydroponic Systems International, Advanced Nutrients, and Vitalink.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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