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This is a major factor of the global hydroponics market. The global hydroponics market is estimated to be valued at us 12 1 bn by the end of 2025.
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The global hydroponics market is estimated to be valued at us 12 1 bn by the end of 2025. This is a major factor of the global hydroponics market. The global hydroponics market size was valued at usd 1 33 billion in 2018 and is expected to grow at a compound annual growth rate cagr of 22 52 from 2019 to 2025.
The hydroponic industry is experiencing a higher growth as compared to traditional agricultural techniques.
High yield in this form of cultivation to drive market growth. The global b2c hydroponics market is poised to surpass a value of us 4 460 mn by 2029 expanding at a steady pace throughout the forecast period. Growing concern over risks associated with synthetic foods has stimulated demand for vegetables and crops grown in controlled environments. Global hydroponics technologies market 2020 2024 the hydroponics technologies market is poised to grow by usd 450 18 mn during 2020 2024 progressing at a cagr of 15 during the forecast period.