The Hydroponics Global Market Report 2023, provides comprehensive information on the hydroponics market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/hydroponics-global-market-report
As per The Business Research Company’s Hydroponics Global Market Report 2023, the global hydroponics market size will grow from $12.71 billion in 2022 to $14.12 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hydroponics market size is expected to grow to $21.9 billion in 2027 at a CAGR of 11.6%.
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The hydroponics market is segmented:
1) By Type: Aggregate Systems, Liquid Systems
2) By Farming: Indoor Farming, Outdoor Farming
3) By Crop Type: Vegetables, Fruits, Flowers
Western Europe was the largest region in the hydroponics market in 2022.
The table of contents in TBRC’s hydroponics market report includes:
- Executive Summary
- Hydroponics Market Characteristics
- Hydroponics Market Trends And Strategies
- Hydroponics Market – Macro Economic Scenario
- Hydroponics Market Size And Growth
- Hydroponics Market Segmentation
- Hydroponics Market Regional And Country Analysis
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- Hydroponics Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Hydroponics Market
- Hydroponics Market Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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