Global Hydroponic Vegetables Market Overview:
The hydroponic vegetables are grown over the non-soil nutrient support. These vegetables are grown under a precise environment with no outdoor exposure. The whole process to cultivate hydroponic vegetables is controlled under a centralized computer system in order to grow nutrient-filled vegetables, which help vegetables to grow disease and pollutant-free. The production of hydroponic plants is very predictable and hence grantees return to the manufacturers. These hydroponic vegetables are rich in quality and can be grown close to the selling point of the vegetable markets hence increasing the value of the product and reducing the loss in the distribution channel for the manufacturers.
Growth Drivers
- Need for Hydroponic vegetables Due to Increasing Demand for Food
- Higher Yields Compared to Traditional Soil-Based Agriculture
Roadblocks
- High Cost of Hydroponics System Setup to Produce Vegetables
- High Capital Investment for Large-Scale Farms
Opportunities
- The Emergence of Vertical Farming in Urban Areas
- High Capital Investment for Large-Scale Farms
Challenges
- Integration of Technologies
- Evolution of Hydroponic Technologies
Competitive Landscape:
Some of the key players profiled in the report are Koninklijke Philips NV (Netherlands), Argus Control Systems Ltd. (Canada), Heliospectra AB (Sweden), Logiqs B.V. (Netherlands), Lumigrow, Inc., General Hydroponics, Inc. (United States), American Hydroponics, Inc. (United States), Greentech Agro, Llc (United States), Hydrodynamics International, Inc. (United States) and Hydrofarm, Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Bright Farms (United States), Village farms international (Canada) and Pegasus Agritech (United Arab Emirates). Analyst at AMA Research see United States Vendors to retain maximum share of Global Hydroponic Vegetables market by 2026. Considering Market by Origin, the sub-segment i.e. Non-exotic Hydroponic Vegetables will boost the Hydroponic Vegetables market. Considering Market by Distribution Channel, the sub-segment i.e. Modern Trade (Hypermarket, Supermarket) will boost the Hydroponic Vegetables market. Considering Market by Nutrients, the sub-segment i.e. Micro Nutrients will boost the Hydroponic Vegetables market. Considering Market by Vegetable Type, the sub-segment i.e. Tomato will boost the Hydroponic Vegetables market. Considering Market by Farming, the sub-segment i.e. Indoor Farming will boost the Hydroponic Vegetables market.
What Can be Explored with the Hydroponic Vegetables Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Hydroponic Vegetables Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Hydroponic Vegetables
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Hydroponic Vegetables market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Hydroponic Vegetables market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Potential Investors, Up and Down Stream Vendors, Private Research Organizations, Suppliers and Distributors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.