Market Overview:
The global hydroponic growth nutrients market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for organic and synthetic nutrients by commercial and residential users, respectively. Additionally, the growing awareness about the benefits of using hydroponic growth nutrients is also contributing to the market growth. The global hydroponic growth nutrients market can be segmented on the basis of type into organic and synthetic nutrients. The organic segment is projected to grow at a higher CAGR during the forecast period as compared to synthetic segments, owing to rising consumer preference for organic products across all regions.
Product Definition:
Hydroponic growth nutrients are plant food additives that help to improve the overall health and vigor of plants grown in a hydroponic system. They can be used to promote faster, healthier growth, as well as to increase yields. Hydroponic growth nutrients are important because they provide essential nutrients that plants need in order to thrive in a hydroponic environment. Without them, plants may not grow or produce as many fruits or vegetables as they would with the addition of these supplements.
Organic Nutrients:
Organic nutrients are the most basic form of plant nutrition. They are essential to the growth and development of plants. Organic nutrients can be naturally found in the soil or they can be artificially created through a process known as composting. Compost is a natural fertilizer made up of decayed plant & animal material that has been broken down by bacteria into humus, which contains many organic compounds such as nitrogen, phosphorous, potassium and others.
Synthetic Nutrients:
Synthetic nutrients are the artificial substances that can be produced in laboratories and used as alternatives to the naturally occurring elements. The synthetic nutrients comprise of nitrate, phosphate, potassium, and amino acids. These products have higher concentrations of essential plant nutrients such as nitrogen & phosphorous which are required for healthy plant growth. Synthetic nutrient solutions do not contain any harmful chemicals or additives; however they do not provide any natural element either.
Application Insights:
The commercial application segment accounted for the largest revenue share of over 70% in 2017. Hydroponic growth nutrients are used by hydroponic gardeners and horticulture professionals to provide optimum nutrition for plants without the need for soil. The use of these products helps gardens grow larger, healthier leaves, fruits and flowers with less work and water. Residential application is expected to be one of the fastest-growing segments during forecast years owing to increasing awareness about gardening as a hobby or pastime among people living in urban areas across various regions globally.
Growing vegetables such as tomatoes, peppers, melons & cucumbers using hydroponics requires little or no water compared to conventional methods such as soil growning which enables consumers from both commercial and residential sectors easy access to fresh produce year round without having spend excessive time & energy on weeding & maintenance tasks respectively required with conventional gardening practices thereby driving demand over the projected period frame.
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 hydroponic farms owing to favorable climatic conditions, availability of land, and cheap labor. China accounted for more than 50% share in terms of revenue due to presence of numerous manufacturers and suppliers as well as large consumer base.
The Middle East & Africa is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 on account with increasing awareness regarding organic farming coupled with rising disposable income especially among youth population which makes them prefer spending on luxury items including food rather than necessities such as food or shelter that will have a positive impact on overall economic growth thus creating demand for advanced agricultural technologies including hydroponics that will increase productivity per unit area resulting into increased demand over time.
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 Growth Nutrients are used in the production of organic fruits and vegetables, which is expected to drive the demand for these nutrients in the coming years.
- Rising population: The world population is growing at a rapid pace, which is leading to an increase in food demand. In order to meet this rising demand, farmers are increasingly adopting hydroponic farming techniques that use hydroponic growth nutrients. This is expected to drive the growth of the hydroponic growth nutrients market in the coming years.
- Growing popularity of urban farming: Urban farming refers to agricultural activities carried out within city limits using controlled-environment agriculture (CEA) methods such as hydroponics and aquaponics systems. These systems use less water than traditional agriculture methods, making them suitable for arid climates or areas with limited water resources .The growing popularity of urban farming is expected to boost demand for hydroponic growth nutrients in upcoming years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydroponic Growth Nutrients Market Research Report
By Type
Organic Nutrients, Synthetic Nutrients
By Application
Commercial, Residential
By Companies
Advanced Nutrients, HydroGarden, General Hydroponics, Botanicare Hydroponics, Atami BV, CANNA, Emerald Harvest, Humboldts Secret, FoxFarm, Grow Technology, Plant Magic Plus, Masterblend, AeroGarden
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Hydroponic Growth Nutrients Market Report Segments:
The global Hydroponic Growth Nutrients market is segmented on the basis of:
Types
Organic Nutrients, Synthetic Nutrients
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
Commercial, Residential
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:
- Advanced Nutrients
- HydroGarden
- General Hydroponics
- Botanicare Hydroponics
- Atami BV
- CANNA
- Emerald Harvest
- Humboldts Secret
- FoxFarm
- Grow Technology
- Plant Magic Plus
- Masterblend
- AeroGarden
Highlights of The Hydroponic Growth 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 Nutrients
- Synthetic Nutrients
- By Application:
- Commercial
- Residential
- 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 Growth 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
- 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 growth nutrients are a type of nutrient that is used in hydroponic systems. These nutrients help plants to grow and develop properly.
Some of the key players operating in the hydroponic growth nutrients market are Advanced Nutrients, HydroGarden, General Hydroponics, Botanicare Hydroponics, Atami BV, CANNA, Emerald Harvest, Humboldts Secret, FoxFarm, Grow Technology, Plant Magic Plus, Masterblend, AeroGarden.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydroponic Growth Nutrients 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 Growth Nutrients Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydroponic Growth Nutrients Market - Supply Chain
4.5. Global Hydroponic Growth Nutrients Market Forecast
4.5.1. Hydroponic Growth Nutrients Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydroponic Growth Nutrients Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydroponic Growth Nutrients Market Absolute $ Opportunity
5. Global Hydroponic Growth Nutrients 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 Growth Nutrients Market Size and Volume Forecast by Type
5.3.1. Organic Nutrients
5.3.2. Synthetic Nutrients
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydroponic Growth Nutrients 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 Growth Nutrients Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Residential
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydroponic Growth Nutrients 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 Growth Nutrients 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 Growth Nutrients 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 Growth Nutrients 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 Growth Nutrients Demand Share Forecast, 2019-2026
9. North America Hydroponic Growth Nutrients 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 Growth Nutrients 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 Growth Nutrients Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Residential
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydroponic Growth Nutrients Market Size and Volume Forecast by Type
9.7.1. Organic Nutrients
9.7.2. Synthetic Nutrients
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 Growth Nutrients Demand Share Forecast, 2019-2026
10. Latin America Hydroponic Growth Nutrients 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 Growth Nutrients 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 Growth Nutrients Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Residential
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydroponic Growth Nutrients Market Size and Volume Forecast by Type
10.7.1. Organic Nutrients
10.7.2. Synthetic Nutrients
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 Growth Nutrients Demand Share Forecast, 2019-2026
11. Europe Hydroponic Growth Nutrients 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 Growth Nutrients 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 Growth Nutrients Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Residential
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydroponic Growth Nutrients Market Size and Volume Forecast by Type
11.7.1. Organic Nutrients
11.7.2. Synthetic Nutrients
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projecions 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 Growth Nutrients Demand Share, 2019-2026
12. Asia Pacific Hydroponic Growth Nutrients 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 Growth Nutrients 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 Growth Nutrients Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Residential
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydroponic Growth Nutrients Market Size and Volume Forecast by Type
12.7.1. Organic Nutrients
12.7.2. Synthetic Nutrients
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 Growth Nutrients Demand Share, 2019-2026
13. Middle East & Africa Hydroponic Growth Nutrients 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 Growth Nutrients 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 Growth Nutrients Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Residential
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydroponic Growth Nutrients Market Size and Volume Forecast by Type
13.7.1. Organic Nutrients
13.7.2. Synthetic Nutrients
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 Growth Nutrients Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydroponic Growth Nutrients Market: Market Share Analysis
14.2. Hydroponic Growth Nutrients Distributors and Customers
14.3. Hydroponic Growth Nutrients Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Advanced Nutrients
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HydroGarden
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Hydroponics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Botanicare Hydroponics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Atami BV
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CANNA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Emerald Harvest
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Humboldts Secret
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. FoxFarm
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Grow Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Plant Magic Plus
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Masterblend
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. AeroGarden
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
