Global Hydroponics Market to grow at a whopping rate of CAGR more than 11.46%

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The global Hydroponics market size is expected to reach $24.72 Billion by 2028 growing at the CAGR of 11.46% from 2021 to 2028. The major drivers for the growth of the Global Hydroponics Market are increasing population, nascent markets, and increasing disposable income in emerging economies. Furthermore, non-profit organizations in developing countries are also to develop greenhouse technology in their region to promote the growth of the global hydroponics market.

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Impact Of COVID-19 on the Hydroponics Market:

  • Impact on Market Size
  • End-User Trend, Preferences, and Budget Impact
  • Regulatory Framework/Government Policies
  • Key Players Strategy to Tackle Negative Impact
  • Opportunity Window

Global Hydroponics Market Segments:

The global Hydroponics Market is further segmented into basis of type, basis of input, crop type

By Basis of Type: Aggregate Systems, Liquid Systems

By Basis Of Input: Nutrients, Rockwool

By Basis of Equipment: HVAC, LED Grow Lights, Irrigation Systems, Material Handling, Control Systems, Others

By Crop Type: Vegetables, Fruits, Flowers, Others

Key Region/ Countries Covered

  • North America (US, Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • Rest of the World (the Middle East & Africa and South America)

North America is estimated to account for the largest share of the Global Hydroponics Market. North America is followed by Europe and the Asia Pacific. The high growth in this region is attributed to the rising awareness regarding the positive effects of organic produce,

Key Players of Global Hydroponics Market:

  • Signify Holdings
  • Argus Control Systems
  • Heliospectra
  • Scotts Miracle Gro
  • American Hydroponics
  • LumiGrow
  • Emerald Harvest
  • Hydroponic Systems International
  • Advanced Nutrients
  • Hydrodynamics International

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Key Questioned Answered Through The Report:

  • The Impact of COVID-19 on the global market
  • What are the potential opportunities for new entrants in the global market
  • What is the market Size and Forecast from 2020 to 2028?
  • Key Players associated with the global Hydroponics Market
  • Value Chain Analysis of Global Hydroponics Market
  • What is the CAGR of the global Hydroponics Market from 2021 to 2028
  • Major Growth Factor, Challenges, Trends, and Opportunities in the global market
  • Key outcomes of SWOT Analysis

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