Hydroponic Vegetables Market, By Vegetable Type (Cucumber, Lettuce, Spinach, Peppers, Tomatoes, Others), By Distribution Channel (Hypermarket & Supermarket, Grocery Stores, Unorganized Small Stores, Whole Foods & Specialty Store, Bulk Suppliers & Distributors, Others), By Farming Type (Indoor, Outdoor), Origin (Nature & Organic, Conventional), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
The hydroponics market consists of sales of hydroponics solutions by entities (organizations, sole traders, and partnerships) that refer to the method of growing plants in a water-based, nutrient-rich solution. This approach allows roots to absorb nutrients from the water and meet their growth needs. Furthermore, this method can grow plants in liquid, sand, or gravel by adding nutrients. Farmers and growers widely use hydroponics to grow vegetables, herbs, fruits, and flowers hydroponically.
Market Dynamics
Rising prevalence of soil-borne disease caused due to microorganisms present in the soil is expected to foster the market growth of hydroponic vegetables. These microorganisms cause damage to the root of the plant and lead to the death of the plant. Moreover, the consumption of contaminated or diseased plants may lead to various health issues and in these cases, hydroponic plants are suitable alternatives in order to prevent soil-borne disease.
Increasing spending on the cultivation of hydroponic vegetables by the government to meet the rising demand around the globe is projected to augment market growth. The growth of the urban population and increasing disposable income of the population is boosting demand for fruits, salad, and other convenience food products. All these factors are projected to augment the market growth of hydroponic vegetables over the forecast timeframe.
Lack of government policy and tax breaks across emerging countries is expected to curb the market growth of the hydroponic vegetable over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global hydroponic vegetables market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global hydroponic vegetables market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include AMCO Produce Inc., Eden Farms, Hollandia Produce, L.P., Bright Farms Inc, Soave Enterprises LLC., Village, Farms International, Inc., Platinum Produce Company, Millennium Pacific Greenhouses Ltd., Emirates Hydroponics Farms, Thanet Earth Ltd.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global hydroponic vegetables market report caters to various stakeholders in this industry including investors, suppliers, hydroponic vegetable manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hydroponic vegetables market
Detailed Segmentation:
Global Hydroponic Vegetables Market, By Vegetable Type:
Cucumber
Lettuce
Spinach
Peppers
Tomatoes
Others
Global Hydroponic Vegetables Market, By Distribution Channel:
Hypermarket & Supermarket
Grocery Stores
Unorganized Small Stores
Whole Foods & Specialty Stores
Bulk Suppliers & Distributors
Others
Global Hydroponic Vegetables Market, By Farming Type:
Indoor
Outdoor
Global Hydroponic Vegetables Market, By Origin:
Natural & Organic
Conventional
Global Hydroponic Vegetables Market, By Region:
North America
U.S.
Canada
U.K.
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East
GCC
Rest of Middle East
Africa
Central Africa
South Africa
Company Profiles
AMCO Produce Inc.
Eden Farms
Hollandia Produce, L.P.
Bright Farms Inc.
Soave Enterprises LLC.
Village Farms International, Inc.
Platinum Produce Company
Millennium Pacific Greenhouses Ltd.
Emirates Hydroponics Farms
Thanet Earth Ltd.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Vegetable Type
Market Snippet, By Distribution Channel
Market Snippet, By Farming Type
Market Snippet, By Origin
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
New Product Approvals/Launch
Promotion and Marketing Initiatives
Cost Tier Down Analysis
4. Global Hydroponic Vegetables Market, 2018 - 2030 (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030
Y-o-Y Growth Analysis, 2018 - 2030 (%)
Segment Trends
By Vegetable Type:
Cucumber
Lettuce
Spinach
Peppers
Tomatoes
Others
By Distribution Channel:
Hypermarket & Supermarket,
Grocery Stores
Unorganized Small Stores
Whole Foods & Specialty Store
Bulk Suppliers & Distributors
Others
By Farming Type:
Indoor
Outdoor
By Origin:
Nature & Organic and
Conventional
5. Global Hydroponic Vegetables Market, By Region, 2018 - 2030 (US$ Billion)
Introduction
Market Share Analysis, By Region, 2023 and 2030
Y-o-Y Growth Analysis, By Region, 2018 - 2030 (%)
North America
Market Share Analysis, By Country, 2023 and 2030
Y-o-Y Growth Analysis, By Country, 2018 - 2030 (%)
U.S.
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Canada
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Europe
Market Share Analysis, By Country, 2023 and 2030
Y-o-Y Growth Analysis, By Country, 2018 - 2030 (%)
U.K.
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Germany
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
France
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Italy
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Spain
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Russia
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Rest of Europe
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Asia Pacific
Market Share Analysis, By Country, 2023 and 2030
Y-o-Y Growth Analysis, By Country, 2018 - 2030 (%)
China
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
India
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Japan
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
ASEAN
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Australia
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
South Korea
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Rest of Asia Pacific
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Latin America
Market Share Analysis, By Country, 2023 and 2030
Y-o-Y Growth Analysis, By Country, 2018 - 2030 (%)
Brazil
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Mexico
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Argentina
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Rest of Latin America
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Middle East
Market Share Analysis, By Country, 2023 and 2030
Y-o-Y Growth Analysis, By Country, 2018 - 2030 (%)
GCC
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Israel
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Rest of Middle East
Country Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Africa
Market Share Analysis, By Sub-region, 2023 and 2030
Y-o-Y Growth Analysis, By Sub-region, 2018 - 2030 (%)
North Africa
Sub-region Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
Central Africa
Sub-region Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)
South Africa
Sub-region Trends
Market Size and Forecast, By Application, 2018 - 2030 (US$ Billion)