Global Hydroponic Substrate Market Growth 2023-2029
Hydroponic substrates are used in hydroponic systems to anchor a plant's roots. Essentially, hydroponic substrates are various types of soilless grow media.
LPI (LP Information)' newest research report, the “Hydroponic Substrate Industry Forecast” looks at past sales and reviews total world Hydroponic Substrate sales in 2022, providing a comprehensive analysis by region and market sector of projected Hydroponic Substrate sales for 2023 through 2029. With Hydroponic Substrate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydroponic Substrate industry.
This Insight Report provides a comprehensive analysis of the global Hydroponic Substrate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydroponic Substrate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hydroponic Substrate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydroponic Substrate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydroponic Substrate.
The global Hydroponic Substrate market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Hydroponic Substrate is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Hydroponic Substrate is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Hydroponic Substrate is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Hydroponic Substrate players cover Projar Group, ROCKWOOL International, Galuku Group Limited, CANNA, Ceyhinz Link International, Inc, JB Hydroponics B.V., The Wonderful Soils Company, Hydrofarm LLC and Re-Nuble, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydroponic Substrate market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Inorganic
Organic
Segmentation by application
Agriculture
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Projar Group
ROCKWOOL International
Galuku Group Limited
CANNA
Ceyhinz Link International, Inc
JB Hydroponics B.V.
The Wonderful Soils Company
Hydrofarm LLC
Re-Nuble
Malaysia Hydroponics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydroponic Substrate market?
What factors are driving Hydroponic Substrate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydroponic Substrate market opportunities vary by end market size?
How does Hydroponic Substrate break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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