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The global hydroponics market is projected to register a cagr of 6 8 over the forecast period 2020 2025. 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.
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The report hydroponics market by type aggregate systems liquid systems crop type vegetables fruits flowers equipment hvac led grow light irrigation systems material handling control systems input region global forecast to 2025 the hydroponic market size is estimated to account for a value of usd 9 5 billion in 2020 and is projected to grow at a cagr 11 9 from 2020 to. This high growth rate is attributed to the increasing use of hydroponic systems for indoor farming of vegetables. 10 global hydroponics market by region page no.
Hydroponics is an environment friendly and profitable technology.
10 global hydroponics market by region page no. 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. 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. Hydroponics is an environment friendly and profitable technology.
