Market Overview:
The global hydroponics nutrient 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 organic fruits and vegetables, rising awareness about the benefits of hydroponics farming, and technological advancements in hydroponic systems. The global hydroponics nutrient market can be segmented on the basis of type into synthetic and organic nutrients. The synthetic nutrients segment is expected to account for a larger share of the market than the organic nutrients segment during the forecast period. This can be attributed to their lower cost as compared to organic nutrients and their ability to meet all nutritional requirements of plants. On the basis of application,the global hydroponics nutrient market can be divided into tomato, cucumber, leafy greens, pepper, strawberries, and others (including flowers).
Product Definition:
A hydroponics nutrient is a liquid fertilizer that provides plants with the essential nutrients they need to grow. Hydroponics nutrients are important because they help ensure that plants get the nutrients they need to thrive in a hydroponic system.
Synthetic:
Synthetic is a chemical substance, which has been created in laboratories by the process of synthesis. It is also called as artificial or laboratory produced nutrient. Synthetic nutrients are not found in nature and therefore their usage creates no biological cycles and ecosystems. These nutrients have an adverse impact on beneficial bacteria, plants and animals if used above certain concentrations for extended periods of time.
Organic:
Organic nutrients are derived from natural resources such as plants, animals or microorganisms. They are not produced in laboratories by chemical synthesis but rather through traditional farming methods. The majority of the products available in the market contain at least one organic nutrient and some may also contain mineral nutrients along with it.
The global demand for organic food is increasing rapidly on account of rising health awareness among consumers, concerns regarding adverse effects associated with synthetic fertilizers.
Application Insights:
The market is segmented based on application into tomato, cucumber, leafy greens, pepper, strawberries and others. The hydroponics nutrient market for tomatoes was valued at USD 2.97 billion in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. The cucumber segment held the largest share in 2017 owing to extensive cultivation of this vegetable across various regions including North America and Europe.
Hydroponics nutrients are used for growing vegetables such as cucumbers & melons that require less space & water as compared to conventional gardening methods & need shorter harvesting period coupled with low maintenance costs which makes it highly suitable for outdoor gardens or greenhouse farming situations where space or water is limited. These factors are anticipated to drive the demand for hydroponic nutrients over the forecast period thereby propelling overall industry growth during the study period.
Regional Analysis:
Asia Pacific was the largest market in 2017 and accounted for a revenue share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing awareness regarding horticulture crops, availability of resources such as water, light, and nutrients at cheaper costs along with supportive government initiatives. China has emerged as a major hydroponic nutrient supplier owing to easy availability of raw materials coupled with cheap labor cost.
The Middle East & Africa is anticipated to grow at an exponential rate during the forecast period owing to rising awareness among farmers towards alternative farming practices that provide higher yields per hectare using less land than conventional farming methods.
North America also holds significant market share due to growing demand from U.S.
Growth Factors:
- Increasing demand for organic food: 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. Hydroponics 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. At the same time, there is an increase in the number of people moving to cities, leading to a rise in urbanization rates. This will create opportunities for hydroponics nutrient suppliers as they cater to both these markets simultaneously.
- Technological advancements: With technological advancements taking place at a rapid pace, there has been an increase in automated systems that use hydroponics nutrients and other inputs for crop production indoors under controlled conditions using less water and land area than traditional farming methods require.. This has led many farmers and growers around the world adopt hydroponic farming techniques owing reduced operational costs and higher yields compared with traditional agriculture methods.. This trend is likely continue over next few years providing strong growth prospects for players operating in this market space . 4) Growing interest among millennials : A major factor driving growth within this industry sector Is millennial’s growing interest In healthier eating options including organically grown produce . As this demographic continues ti move into positions of
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydroponics Nutrient Market Research Report
By Type
Synthetic, Organic
By Application
Tomato, Cucmber, Leafy Greens, Pepper, Strawberries, Others
By Companies
Am Hydro, General Hydroponics, Nutrifield, Watercircle Hydroponics, Emerald Harvest, X Nutrients, Advanced Hydroponics of Holland, LushGro, HydroGarden (VitaLink)
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Hydroponics Nutrient Market Report Segments:
The global Hydroponics Nutrient market is segmented on the basis of:
Types
Synthetic, Organic
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
Tomato, Cucmber, Leafy Greens, Pepper, Strawberries, 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:
- Am Hydro
- General Hydroponics
- Nutrifield
- Watercircle Hydroponics
- Emerald Harvest
- X Nutrients
- Advanced Hydroponics of Holland
- LushGro
- HydroGarden (VitaLink)
Highlights of The Hydroponics Nutrient 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:
- Synthetic
- Organic
- By Application:
- Tomato
- Cucmber
- Leafy Greens
- Pepper
- Strawberries
- 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 Hydroponics Nutrient 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?
Hydroponics nutrient is a water soluble fertilizer that helps plants grow and thrive. It contains all of the essential nutrients your plants need to grow, including nitrogen, phosphorus, potassium and magnesium.
Some of the major companies in the hydroponics nutrient market are Am Hydro, General Hydroponics, Nutrifield, Watercircle Hydroponics, Emerald Harvest, X Nutrients, Advanced Hydroponics of Holland, LushGro, HydroGarden (VitaLink).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydroponics Nutrient 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 Hydroponics Nutrient Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Hydroponics Nutrient 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 Hydroponics Nutrient 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 Hydroponics Nutrient Market Size & Forecast, 2018-2028 4.5.1 Hydroponics Nutrient Market Size and Y-o-Y Growth 4.5.2 Hydroponics Nutrient Market Absolute $ Opportunity
Chapter 5 Global Hydroponics Nutrient 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 Hydroponics Nutrient Market Size Forecast by Type
5.2.1 Synthetic
5.2.2 Organic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydroponics Nutrient 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 Hydroponics Nutrient Market Size Forecast by Applications
6.2.1 Tomato
6.2.2 Cucmber
6.2.3 Leafy Greens
6.2.4 Pepper
6.2.5 Strawberries
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydroponics Nutrient 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 Hydroponics Nutrient 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 Hydroponics Nutrient Analysis and Forecast
9.1 Introduction
9.2 North America Hydroponics Nutrient 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 Hydroponics Nutrient Market Size Forecast by Type
9.6.1 Synthetic
9.6.2 Organic
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 Hydroponics Nutrient Market Size Forecast by Applications
9.10.1 Tomato
9.10.2 Cucmber
9.10.3 Leafy Greens
9.10.4 Pepper
9.10.5 Strawberries
9.10.6 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 Hydroponics Nutrient Analysis and Forecast
10.1 Introduction
10.2 Europe Hydroponics Nutrient 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 Hydroponics Nutrient Market Size Forecast by Type
10.6.1 Synthetic
10.6.2 Organic
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 Hydroponics Nutrient Market Size Forecast by Applications
10.10.1 Tomato
10.10.2 Cucmber
10.10.3 Leafy Greens
10.10.4 Pepper
10.10.5 Strawberries
10.10.6 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 Hydroponics Nutrient Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydroponics Nutrient 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 Hydroponics Nutrient Market Size Forecast by Type
11.6.1 Synthetic
11.6.2 Organic
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 Hydroponics Nutrient Market Size Forecast by Applications
11.10.1 Tomato
11.10.2 Cucmber
11.10.3 Leafy Greens
11.10.4 Pepper
11.10.5 Strawberries
11.10.6 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 Hydroponics Nutrient Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydroponics Nutrient 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 Hydroponics Nutrient Market Size Forecast by Type
12.6.1 Synthetic
12.6.2 Organic
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 Hydroponics Nutrient Market Size Forecast by Applications
12.10.1 Tomato
12.10.2 Cucmber
12.10.3 Leafy Greens
12.10.4 Pepper
12.10.5 Strawberries
12.10.6 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) Hydroponics Nutrient Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydroponics Nutrient 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) Hydroponics Nutrient Market Size Forecast by Type
13.6.1 Synthetic
13.6.2 Organic
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) Hydroponics Nutrient Market Size Forecast by Applications
13.10.1 Tomato
13.10.2 Cucmber
13.10.3 Leafy Greens
13.10.4 Pepper
13.10.5 Strawberries
13.10.6 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 Hydroponics Nutrient Market: Competitive Dashboard
14.2 Global Hydroponics Nutrient Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Am Hydro
14.3.2 General Hydroponics
14.3.3 Nutrifield
14.3.4 Watercircle Hydroponics
14.3.5 Emerald Harvest
14.3.6 X Nutrients
14.3.7 Advanced Hydroponics of Holland
14.3.8 LushGro
14.3.9 HydroGarden (VitaLink)