Hydroponics Market to Witness Robust Growth by 2027

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product p

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

Global population is increasing exponentially, and with every passing day around 200,000 individuals are adding up to the globe food demand. The provision food to the present growing population has become a worldwide threat. On the opposite facet, agricultural land is shrinking on a global scale. Adding to the present, crop pest’s area unit inflicts around 11-17% of worldwide crop losses annually, worsening the situation. Therefore, to realize self-reliance in food, hydroponics gives a potentially good answer, because the technology utilizes space with efficiency and may be applied even by landless urban and rural individuals.

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The report addresses the following key points:

  • The report estimates the expected market size from 2019-2027
  • The report provides a forecast of market drivers, restraints, and future opportunities for the Hydroponics market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

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Key Highlights From The Report

  • The necessities for growing vegetables inside during a aquacultural unit may be met with the assistance of grow lights, air ventilation, and recirculation systems, beside the correct nutrients for water. Hydroponically full-grown plants ar identified to retain their full alimental worth and ar equal or in sure cases superior to conventionally-grown vegetables.
  • Key participants include AMHYDRO (U.S.), Argus Control Systems Limited (Canada), AeroFarms (U.S.), Green Sense Farms Holdings, Inc. (U.S.), Heliospectra AB (Sweden), Emirates Hydroponics Farms (UAE), LumiGrow (U.S.), Signify Holding (the Netherlands) Terra Tech Corp (U.S.) and Freight Farms (U.S.)

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Major benefits of the Hydroponics report:

  • The report discusses in detail the changing dynamics of the competitive landscape
  • The report provides detail-oriented futuristic prospects of factors driving the growth of the market and limitations affecting the market growth
  • The report gives a comprehensive analysis of the changing dynamics of the market owing to the current scenario
  • The report encompasses a detailed forecast for the years 2019-2027
  • The report provides valuable insights on key market growth driving trends and monetary competence in the forecast timeline

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