Market Overview:
The global hydroponic nutrients market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for organic and synthetic hydroponic nutrients from crops, vegetables, and other applications. Additionally, the growing awareness about the benefits of using hydroponic nutrients is also contributing to the growth of this market. The global hydroponic nutrients market is segmented on the basis of type into organic and synthetic hydroponic nutrients. The organic segment accounted for a larger share of the global market in 2017 owing to its numerous benefits over synthetic fertilizers such as environmental friendliness and low toxicity levels. However, with advancements in technology, synthetic fertilizers are becoming more environment-friendly and are expected to witness high growth rates during the forecast period. On basis application ,the Global Hydroponics Nutrients Market has been segregated into crops ,vegetables & fruits segments .Among these Crops held maximum revenue share in 2017 majorly due North America region where use if Hydrophonics Nutrients have become mandatory while Europe follows next . Regionally ,the Global Hydrophonics Nutrients Market has been categorized into North America, Latin America, Europe Asia Pacific (APAC),and Middle East & Africa (MEA).
Product Definition:
Hydroponic Nutrients are a specially formulated mix of minerals and vitamins that help to ensure healthy plant growth in a hydroponic system. The importance of Hydroponic Nutrients is that they provide the plants with everything they need to grow, flower, and fruit effectively, without the need for soil.
Organic:
Organic is a type of food product which contains no harmful chemicals, additives or artificial substances. Organic foods are produced by methods that promote ecological balance and natural processes. The main aim of producing organic food products is to reduce the carbon footprint associated with farming activities and to ensure sustainable agricultural practices.
The global organic market was valued at USD 485 billion in 2014.
Synthetic:
Synthetic is a man-made product and it has no natural occurrence. Synthetic nutrients are manufactured by chemical synthesis, which is the process in which chemicals are made to react together. These nutrients have no living organisms involved in their production; hence they do not occur naturally and cannot be produced by plants or animals.
Application Insights:
In 2017, crops accounted for the largest market share of over 70% and are expected to continue its dominance over the forecast period. The use of hydroponic nutrients has revolutionized crop cultivation across all major regions, including North America, Latin America, Europe and Asia Pacific.
Growing demand for organic fruits and vegetables has resulted in an increased number of farmers¢â‚¬â„¢ willingness to experiment with new techniques that could help them produce higher yield per unit area. This is anticipated to drive growth in crops application segment during the forecast period.
The growing popularity of hydroponics as a method for cultivating medicinal marijuana is expected to drive its application in vegatables production across all major regions by 2030 owing to various benefits offered such as cost-effectiveness along with greater control on nutrient solution composition which helps achieve specific plant requirements easily & efficiently without any additional labor or costs associated with it.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of indoor farms owing to supportive government policies, which have resulted in increased investment by countries like China and Japan. These farms generate revenue for these countries as they do not need to import food products from other nations. This scenario is likely to change soon, however, as demand for hydroponic nutrients increases due to increasing population and rising awareness about organic farming practices among farmers across various developing economies including India, Thailand, Philippines etc.
The Middle East & Africa region accounted for a significant share of global revenue in 2017 owing both synthetic as well organic nutrients market segments on account of high adoption rates of modern agriculture technologies such as hydroponics & aeroponics among small-scale farmers especially those operating within urban areas with limited land availability or arable land resources resulting into higher crop yields with less space requirement per crop thereby driving industry growth over the forecast period.
Growth Factors:
- Increasing demand for organic food products: The global market for organic food is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth can be attributed to the increasing awareness about the benefits of organic food among consumers. Hydroponic nutrients are 100% organic, which is driving their demand in the global market.
- Rising population and urbanization: The world population is expected to reach 9 billion by 2050, which will lead to an increase in the demand for food products. In addition, rapid urbanization will result in a rise in the number of people living in cities, where there is limited space for traditional agriculture methods. This will create a need for innovative farming methods such as hydroponics, thereby boosting the growth of the hydroponic nutrients market.
- Technological advancements: With technological advancements taking place at a rapid pace, growers are looking for ways to improve their productivity and efficiency using new technologies such as hydroponics and aquaponics systems that use less water and land area while providing high yields with minimal environmental impact.. This is resulting in an increase in adoption of these systems by farmers worldwide, thereby propellingthe growth ofthehydroponicnutrientsmarketoverthe forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydroponic Nutrients Market Research Report
By Type
Organic, Synthetic
By Application
Crops, Vegatables, Others
By Companies
General Hydroponics, Emerald Harvest, Humboldts Secret, Advanced Nutrients, Roots Organics, FoxFarm, Botanicare, Humboldts, Blue Planet, Cutting Edge Solutions, Growth Science
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Hydroponic Nutrients Market Report Segments:
The global Hydroponic Nutrients market is segmented on the basis of:
Types
Organic, Synthetic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Crops, Vegatables, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Hydroponics
- Emerald Harvest
- Humboldts Secret
- Advanced Nutrients
- Roots Organics
- FoxFarm
- Botanicare
- Humboldts
- Blue Planet
- Cutting Edge Solutions
- Growth Science
Highlights of The Hydroponic Nutrients Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic
- Synthetic
- By Application:
- Crops
- Vegatables
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydroponic Nutrients Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hydroponic nutrients are a type of fertilizer that is used in hydroponic systems. Hydroponic nutrients are made up of natural elements and minerals that help plants grow.
Some of the major companies in the hydroponic nutrients market are General Hydroponics, Emerald Harvest, Humboldts Secret, Advanced Nutrients, Roots Organics, FoxFarm, Botanicare, Humboldts, Blue Planet, Cutting Edge Solutions, Growth Science.
The hydroponic nutrients market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydroponic Nutrients Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydroponic Nutrients Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydroponic Nutrients Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydroponic Nutrients Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydroponic Nutrients Market Size & Forecast, 2020-2028
4.5.1 Hydroponic Nutrients Market Size and Y-o-Y Growth
4.5.2 Hydroponic Nutrients Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Organic
5.2.2 Synthetic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Crops
6.2.2 Vegatables
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydroponic Nutrients Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydroponic Nutrients Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Organic
9.6.2 Synthetic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Crops
9.10.2 Vegatables
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Organic
10.6.2 Synthetic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Crops
10.10.2 Vegatables
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Organic
11.6.2 Synthetic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Crops
11.10.2 Vegatables
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Organic
12.6.2 Synthetic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Crops
12.10.2 Vegatables
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Organic
13.6.2 Synthetic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Crops
13.10.2 Vegatables
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydroponic Nutrients Market: Competitive Dashboard
14.2 Global Hydroponic Nutrients Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Hydroponics
14.3.2 Emerald Harvest
14.3.3 Humboldts Secret
14.3.4 Advanced Nutrients
14.3.5 Roots Organics
14.3.6 FoxFarm
14.3.7 Botanicare
14.3.8 Humboldts
14.3.9 Blue Planet
14.3.10 Cutting Edge Solutions
14.3.11 Growth Science
