Market Overview:
The global hydroponic system and supplies market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-quality produce, rising awareness about the benefits of hydroponics, and technological advancements in hydroponic systems. The global hydroponic system and supplies market can be segmented on the basis of type into drip systems, ebb-flow (flood and drain) systems, N.F.T. (nutrient film technique) systems, wick systems, and others. The drip system segment is expected to account for the largest share of the global market in 2018 owing to its low maintenance requirements and ease of use.
Product Definition:
A hydroponic system is a method of growing plants using mineral nutrient solutions, in water, without soil. The nutrients are supplied to the plants in a water-soluble form.
Drip System:
Drip systems are used to distribute the nutrients evenly in the soil. It is a slow and continuous delivery of liquid fertilizers or solutions containing soluble fertilizer to the plant roots. The system is based on slowly releasing water over a period of time which carries essential nutrients along with it.
The drip system has several advantages such as it helps in better distribution of fertilizers, reduces nutrient losses due to runoff, improves moisture retention ability.
Ebb- Flow (Flood and Drain):
Ebb-flow (flood and drain) is a method of nutrient delivery for hydroponic systems. It helps in the movement of solids, liquid or gases through a system by using pulses of high flow followed by an interval of lower than average flow. The ebb-flow system can be used with any type of media including rock wool, perlite, gravel and sand among others.
The Ebb-Flow system has applications in both soil based.
Application Insights:
Aquaculture was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Aquaculture systems are used to grow fish, crustaceans, mollusks and other aquatic organisms. The rising importance of aquaculture owing to growing demand for seafood across various regions is anticipated to drive industry growth over the coming years.
Agricultural applications include hydroponic system and supplies for cultivating fruits & vegetables as well as herbs & spices in small spaces or containers using less land area. Hydroponics uses water instead of soil as a medium for plant cultivation which allows farmers/gardeners to grow crops efficiently in small spaces or containers using less land area resulting into higher crop yield with reduced costs compared with conventional farming techniques such as tilling the soil.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030. The region has been witnessing increasing adoption of hydroponic systems for crop production owing to factors such as availability of cheap electricity, water, and land. China is one of the largest producers and consumers in this region owing to its large agricultural industry. In addition, Asia Pacific has been witnessing an increase in demand for organic food products due to growing health concerns among consumers coupled with rising disposable income levels leading towards higher spending on healthy foods.
Europe accounted for more than 25% share in 2017 and will retain its dominant position throughout the forecast years on account that it was one of the first regions where modern hydroponic techniques were introduced by scientists from various countries working together during 1960s and 1970s.
Growth Factors:
- Increasing demand for organic fruits and vegetables: The global market for organic fruits and vegetables 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 consuming organic produce, such as improved health and nutrition. Hydroponic systems are well-suited for growing organic produce, as they do not use any pesticides or fertilizers. Thus, the demand for hydroponic systems and supplies is expected to increase in tandem with the growth of the global organic produce market.
- Rising urbanization: According to UN estimates, by 2030 nearly 60% of the world’s population will live in cities. This trend towards urbanization is leading to an increase in demand for fresh fruits and vegetables, as people are increasingly becoming aware of the health benefits of consuming these items. Hydroponic systems are ideal for producing fresh fruits and vegetables in small spaces, making them well-suited for use in urban areas. As a result, hydroponic system sales are expected to benefit from rising levels of urbanization across the globe.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydroponic System and Supplies Market Research Report
By Type
Drip System, Ebb- Flow (Flood and Drain), N.F.T. (Nutrient Film Technique), Wick System, Others
By Application
Agriculture, Flower Industry, Aquaculture, Others
By Companies
M Hydro, Aquaponic Lynx, Argus Controls System, Backyard Aquaponics, Better Grow Hydro, Colorado Aquaponics, ECF Farmsystems, GreenTech Agro, General Hydroponics, Hydrofarm, Hydrodynamics International, LivinGreen, My Aquaponics, Nelson and Pade, Pegasus Agriculture, Perth Aquaponics, UrbanFarmers
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Hydroponic System and Supplies Market Report Segments:
The global Hydroponic System and Supplies market is segmented on the basis of:
Types
Drip System, Ebb- Flow (Flood and Drain), N.F.T. (Nutrient Film Technique), Wick System, Others
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
Agriculture, Flower Industry, Aquaculture, 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:
- M Hydro
- Aquaponic Lynx
- Argus Controls System
- Backyard Aquaponics
- Better Grow Hydro
- Colorado Aquaponics
- ECF Farmsystems
- GreenTech Agro
- General Hydroponics
- Hydrofarm
- Hydrodynamics International
- LivinGreen
- My Aquaponics
- Nelson and Pade
- Pegasus Agriculture
- Perth Aquaponics
- UrbanFarmers
Highlights of The Hydroponic System and Supplies 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:
- Drip System
- Ebb- Flow (Flood and Drain)
- N.F.T. (Nutrient Film Technique)
- Wick System
- Others
- By Application:
- Agriculture
- Flower Industry
- Aquaculture
- 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 System and Supplies 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.
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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?
A hydroponic system is a type of gardening that uses water and nutrients to grow plants without the use of soil. Hydroponic systems are often used to grow vegetables, flowers, and fruits. Supplies for a hydroponic system include water pumps, reservoirs, tubing, emitters/fertilizers (such as fish emulsion or plant food), and timers.
Some of the major companies in the hydroponic system and supplies market are M Hydro, Aquaponic Lynx, Argus Controls System, Backyard Aquaponics, Better Grow Hydro, Colorado Aquaponics, ECF Farmsystems, GreenTech Agro, General Hydroponics, Hydrofarm, Hydrodynamics International, LivinGreen, My Aquaponics, Nelson and Pade, Pegasus Agriculture, Perth Aquaponics, UrbanFarmers.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydroponic System and Supplies 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 System and Supplies Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydroponic System and Supplies 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 System and Supplies 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 System and Supplies Market Size & Forecast, 2018-2028
4.5.1 Hydroponic System and Supplies Market Size and Y-o-Y Growth
4.5.2 Hydroponic System and Supplies Market Absolute $ Opportunity
Chapter 5 Global Hydroponic System and Supplies 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 Hydroponic System and Supplies Market Size Forecast by Type
5.2.1 Drip System
5.2.2 Ebb- Flow (Flood and Drain)
5.2.3 N.F.T. (Nutrient Film Technique)
5.2.4 Wick System
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydroponic System and Supplies 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 Hydroponic System and Supplies Market Size Forecast by Applications
6.2.1 Agriculture
6.2.2 Flower Industry
6.2.3 Aquaculture
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydroponic System and Supplies 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 System and Supplies 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 Hydroponic System and Supplies Analysis and Forecast
9.1 Introduction
9.2 North America Hydroponic System and Supplies 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 Hydroponic System and Supplies Market Size Forecast by Type
9.6.1 Drip System
9.6.2 Ebb- Flow (Flood and Drain)
9.6.3 N.F.T. (Nutrient Film Technique)
9.6.4 Wick System
9.6.5 Others
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 Hydroponic System and Supplies Market Size Forecast by Applications
9.10.1 Agriculture
9.10.2 Flower Industry
9.10.3 Aquaculture
9.10.4 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 Hydroponic System and Supplies Analysis and Forecast
10.1 Introduction
10.2 Europe Hydroponic System and Supplies 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 Hydroponic System and Supplies Market Size Forecast by Type
10.6.1 Drip System
10.6.2 Ebb- Flow (Flood and Drain)
10.6.3 N.F.T. (Nutrient Film Technique)
10.6.4 Wick System
10.6.5 Others
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 Hydroponic System and Supplies Market Size Forecast by Applications
10.10.1 Agriculture
10.10.2 Flower Industry
10.10.3 Aquaculture
10.10.4 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 Hydroponic System and Supplies Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydroponic System and Supplies 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 Hydroponic System and Supplies Market Size Forecast by Type
11.6.1 Drip System
11.6.2 Ebb- Flow (Flood and Drain)
11.6.3 N.F.T. (Nutrient Film Technique)
11.6.4 Wick System
11.6.5 Others
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 Hydroponic System and Supplies Market Size Forecast by Applications
11.10.1 Agriculture
11.10.2 Flower Industry
11.10.3 Aquaculture
11.10.4 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 Hydroponic System and Supplies Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydroponic System and Supplies 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 Hydroponic System and Supplies Market Size Forecast by Type
12.6.1 Drip System
12.6.2 Ebb- Flow (Flood and Drain)
12.6.3 N.F.T. (Nutrient Film Technique)
12.6.4 Wick System
12.6.5 Others
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 Hydroponic System and Supplies Market Size Forecast by Applications
12.10.1 Agriculture
12.10.2 Flower Industry
12.10.3 Aquaculture
12.10.4 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) Hydroponic System and Supplies Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydroponic System and Supplies 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) Hydroponic System and Supplies Market Size Forecast by Type
13.6.1 Drip System
13.6.2 Ebb- Flow (Flood and Drain)
13.6.3 N.F.T. (Nutrient Film Technique)
13.6.4 Wick System
13.6.5 Others
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) Hydroponic System and Supplies Market Size Forecast by Applications
13.10.1 Agriculture
13.10.2 Flower Industry
13.10.3 Aquaculture
13.10.4 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 System and Supplies Market: Competitive Dashboard
14.2 Global Hydroponic System and Supplies Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M Hydro
14.3.2 Aquaponic Lynx
14.3.3 Argus Controls System
14.3.4 Backyard Aquaponics
14.3.5 Better Grow Hydro
14.3.6 Colorado Aquaponics
14.3.7 ECF Farmsystems
14.3.8 GreenTech Agro
14.3.9 General Hydroponics
14.3.10 Hydrofarm
14.3.11 Hydrodynamics International
14.3.12 LivinGreen
14.3.13 My Aquaponics
14.3.14 Nelson and Pade
14.3.15 Pegasus Agriculture
14.3.16 Perth Aquaponics
14.3.17 UrbanFarmers
