Market Overview:
The global hydroponic fruits market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for healthy and nutritious food, rising awareness about the benefits of consuming hydroponic fruits, and technological advancements in hydroponics farming. The global hydroponic fruits market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into grapes, strawberries, cherries, blueberries, and other types. The other types segment includes fruit varieties such as raspberries, blackberries etc., which are not commonly consumed as fresh fruit but are used for processing purposes. On the basis of application, the market is divided into fresh consumption and food processing segments. Fresh consumption accounted for a larger share of the global hydroponic fruits market in 2017 owing to increasing demand from consumers for healthy snacks and convenient meal options.
Product Definition:
The definition of hydroponic fruits is fruits that are grown in water instead of soil. The importance of hydroponic fruits is that they can be grown without pesticides or herbicides and they typically have a higher nutrient content than conventionally-grown fruit.
Grapes:
Grapes are used in the production of wine, which is one of the most popular alcoholic drinks in the world. Grapes are also used to produce raisins, which find huge application in food & beverages and pharmaceutical industries. Raisins contain a high amount of sugar (up to 12 grams per 100 grams), followed by glucose and fructose.
Strawberries:
Strawberries are a cultivated fruit and have been grown in various parts of the world for thousands of years. The cultivation process has changed little over the centuries, with only minor variations in soil quality required to produce good crops.
The most important factor that affects strawberry production is temperature. Cold weather during January and February is ideal for producing high-quality strawberries; likewise, warm weather during July and August helps to ripen the crop's flavor.
Application Insights:
The market is segmented by application into fresh consumption, food processing and others. The other applications include research studies, education and public awareness programs related to hydroponic fruits. Food processing accounted for the largest share in 2017 owing to the increasing demand for strawberries in Japan, China and South Korea among other countries.
The growing trend of organic farming has led to an increased demand for nutrient-rich produce with low water requirements that are suitable for indoor gardens at home or at a workplace. This factor is anticipated to fuel product demand over the forecast period as consumers opt more convenient options while consuming healthy foods rich in vitamins and nutrients without having to spend hours every day outdoors gardening or working on farms. This factor is expected further drive product adoption as indoor gardeners look outfor easyto-grow crops that require little care but offer nutritional value equivalent with those grown outdoors thereby fueling industry growth over the forecast period.
Regional Analysis:
Europe was the largest regional market in 2017 owing to growing awareness about health, nutrition and environment. Countries such as U.K., Germany, Spain and Italy are expected to drive the regional market over the forecast period. Asia Pacific is projected to be one of the fastest-growing regions during the forecast years due to increasing urbanization, rising disposable income levels among people and rapid industrialization in countries like China and India.
Growth Factors:
- Increasing demand for organic fruits: The demand for organic fruits is increasing due to the health benefits associated with them. Hydroponic fruits are organically grown and hence, they are in high demand.
- Rising awareness about the health benefits of hydroponic fruits: There is a growing awareness among people about the health benefits of hydroponic fruits. This is driving the growth of the market for hydroponic fruit products.
- Growing popularity of healthy eating habits: A growing number of people are now following healthy eating habits, which has led to an increase in demand for healthier food options such as hydroponic fruit products.
- Technological advancements in agriculture: Agricultural technologies are evolving rapidly, which is resulting in better yields and higher quality produce from crops grown using hydroponics systems.. This is contributing to the growth of the market for hydroponically-grown fruit products.. 5) Rising disposable incomes: Disposable incomes are rising across emerging markets, providing a boost to spending on premium food items such as Hydroponically-grown fruit products
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydroponic Fruits Market Research Report
By Type
Grapes, Strawberries, Cherries, Blueberries, Other
By Application
Fresh Consumption, Food Processing
By Companies
Triton Foodworks, Edenworks, AeroFarms, Mazaya Agro, Growponics, Triton Foodworks
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hydroponic Fruits Market Report Segments:
The global Hydroponic Fruits market is segmented on the basis of:
Types
Grapes, Strawberries, Cherries, Blueberries, Other
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
Fresh Consumption, Food Processing
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:
- Triton Foodworks
- Edenworks
- AeroFarms
- Mazaya Agro
- Growponics
- Triton Foodworks
Highlights of The Hydroponic Fruits 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:
- Grapes
- Strawberries
- Cherries
- Blueberries
- Other
- By Application:
- Fresh Consumption
- Food Processing
- 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 Fruits 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 fruits are grown in water without soil.
Some of the key players operating in the hydroponic fruits market are Triton Foodworks, Edenworks, AeroFarms, Mazaya Agro, Growponics, Triton Foodworks.
The hydroponic fruits market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydroponic Fruits Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hydroponic Fruits Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydroponic Fruits Market - Supply Chain
4.5. Global Hydroponic Fruits Market Forecast
4.5.1. Hydroponic Fruits Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydroponic Fruits Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydroponic Fruits Market Absolute $ Opportunity
5. Global Hydroponic Fruits Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hydroponic Fruits Market Size and Volume Forecast by Type
5.3.1. Grapes
5.3.2. Strawberries
5.3.3. Cherries
5.3.4. Blueberries
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydroponic Fruits Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hydroponic Fruits Market Size and Volume Forecast by Application
6.3.1. Fresh Consumption
6.3.2. Food Processing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydroponic Fruits Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hydroponic Fruits Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hydroponic Fruits Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hydroponic Fruits Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hydroponic Fruits Demand Share Forecast, 2019-2026
9. North America Hydroponic Fruits Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hydroponic Fruits Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hydroponic Fruits Market Size and Volume Forecast by Application
9.4.1. Fresh Consumption
9.4.2. Food Processing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydroponic Fruits Market Size and Volume Forecast by Type
9.7.1. Grapes
9.7.2. Strawberries
9.7.3. Cherries
9.7.4. Blueberries
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hydroponic Fruits Demand Share Forecast, 2019-2026
10. Latin America Hydroponic Fruits Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hydroponic Fruits Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hydroponic Fruits Market Size and Volume Forecast by Application
10.4.1. Fresh Consumption
10.4.2. Food Processing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydroponic Fruits Market Size and Volume Forecast by Type
10.7.1. Grapes
10.7.2. Strawberries
10.7.3. Cherries
10.7.4. Blueberries
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hydroponic Fruits Demand Share Forecast, 2019-2026
11. Europe Hydroponic Fruits Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hydroponic Fruits Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hydroponic Fruits Market Size and Volume Forecast by Application
11.4.1. Fresh Consumption
11.4.2. Food Processing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydroponic Fruits Market Size and Volume Forecast by Type
11.7.1. Grapes
11.7.2. Strawberries
11.7.3. Cherries
11.7.4. Blueberries
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectins by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hydroponic Fruits Demand Share, 2019-2026
12. Asia Pacific Hydroponic Fruits Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hydroponic Fruits Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hydroponic Fruits Market Size and Volume Forecast by Application
12.4.1. Fresh Consumption
12.4.2. Food Processing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydroponic Fruits Market Size and Volume Forecast by Type
12.7.1. Grapes
12.7.2. Strawberries
12.7.3. Cherries
12.7.4. Blueberries
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hydroponic Fruits Demand Share, 2019-2026
13. Middle East & Africa Hydroponic Fruits Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hydroponic Fruits Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hydroponic Fruits Market Size and Volume Forecast by Application
13.4.1. Fresh Consumption
13.4.2. Food Processing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydroponic Fruits Market Size and Volume Forecast by Type
13.7.1. Grapes
13.7.2. Strawberries
13.7.3. Cherries
13.7.4. Blueberries
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hydroponic Fruits Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydroponic Fruits Market: Market Share Analysis
14.2. Hydroponic Fruits Distributors and Customers
14.3. Hydroponic Fruits Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Triton Foodworks
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Edenworks
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AeroFarms
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mazaya Agro
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Growponics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Triton Foodworks
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook