Latest Market Research Report 2025

  The global  hydroponics market  size is estimated to reach USD 10.98 billion by 2030, exhibiting a CAGR of 12.4% from 2024 to 2030, according to the new study conducted by Grand View Research, Inc. The integration of smart farming technologies, notably exemplified by the adoption of vertical farming, has played a pivotal role in advancing hydroponics and is projected to be a key driver of market growth. The continuous improvement in hydroponics technologies, coupled with the introduction of state-of-the-art innovations such as environmental and temperature sensing, remote growth monitoring, and automatic nutrient reading, is expected to significantly bolster the demand for hydroponic solutions in the market.   Based on type, the market is categorized into aggregate systems and liquid systems. The aggregate systems segment is projected to continue holding the largest market share over the forecast period. The liquid systems segment is poised for substantial gro...

  Hydroponics Industry Overview The global hydroponics market size was valued at USD 5.00 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 12.4% from 2024 to 2030. The rapid growth in this sector is linked to the expanding utilization of hydroponic systems in the indoor cultivation of vegetables. Additionally, the increasing acceptance of alternative farming approaches for growing cannabis is experiencing a swift surge. This trend is propelled by the legalization of marijuana in various countries, including Canada, the Czech Republic, South Africa, and others. A growing awareness among consumers about the adverse effects of pesticides and artificial ripening agents on health is anticipated to fuel the demand for hydroponics. This is because hydroponic cultivation eliminates the necessity for such products, resulting in the production of nutritionally superior vegetables. Moreover, the low installation costs and operational simplicity...