Hydroponics Market – Analysis, Trends and Forecasts

The global hydroponics market is estimated to be USD 9.5 billion in 2020 and is projected to reach USD 17.9 billion by 2026. Hydroponics produce higher yields compared to traditional farming, allow the growth of a high density of plants in the same area, and …

Key Market Dynamics in Global Hydroponics Market

The hydroponics market is projected to reach USD 16.0 billion by 2025, from USD 8.1 billion in 2019, at a CAGR of 12.1% during the forecast period. The market is driven by factors such as the growing acceptance of controlled environment agriculture and increasing technological …