Hydroponic Vegetables Market to Witness Increased Demand as Urge for Fresh Produce. Valuation of US$ 18.56 Bn Estimated

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Global Hydroponic Vegetables Market Size Was Valued at USD 10.84 Billion in 2022, and is Projected to Reach USD 18.56 Billion by 2030, Growing at a CAGR of 6.95% From 2023-2030.

The Hydroponic Vegetables Market is a rapidly growing segment within the agriculture industry, driven by increasing demand for fresh, high-quality produce, urbanization, and advancements in hydroponic farming technology. Hydroponics is a soilless cultivation method that involves growing plants in nutrient-rich water solutions, with roots supported by inert mediums such as perlite, rockwool, or coconut coir. The Hydroponic Vegetables Market encompasses a wide range of vegetables grown using hydroponic techniques, including leafy greens (lettuce, spinach, kale), tomatoes, cucumbers, peppers, herbs (basil, parsley, mint), and other specialty crops. Hydroponic vegetable production can take place in various settings, including greenhouse facilities, vertical farms, indoor grow rooms, and rooftop gardens, providing flexibility in scale, location, and production methods.

 

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Top Key Players of Hydroponic vegetables Market:

Bright Farms Inc (U.S.), Gotham Greens (U.S), Soave Enterprises LLC (U.S), Plenty Unlimited Inc (U.S.), Bowery Farming (U.S.), Hollandia Produce, L.P (U.S.), AeroFarms (U.S.), Millennium Pacific Greenhouses Ltd (Canada), Platinum Produce Company (Canada), Village Farms International, Inc (Canada), TruLeaf Sustainable Agriculture Ltd. (Canada), AMCO Produce Inc (Canada), Thanet Earth Ltd. (UK), Heliospectra AB (Sweden), Spread Co., Ltd. (Japan), Sky Greens (Singapore), VertiFarm (Israel), Emirates Hydroponics Farms (UAE), and Other Major Players

 

The latest research on the Hydroponic vegetables market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the Hydroponic vegetables industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Hydroponic vegetables market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

 

Market Drivers:

the Hydroponic Vegetables Market is the increasing consumer demand for safe, healthy, and sustainably produced food products. Hydroponic vegetables are perceived as cleaner, pesticide-free, and more nutritious compared to conventionally grown produce, as they are grown in controlled environments with reduced exposure to pests, diseases, and chemical inputs. Moreover, the ability to grow vegetables year-round, regardless of seasonal constraints or geographic limitations, enables hydroponic growers to supply fresh, locally grown produce to consumers year-round, addressing concerns about food security, supply chain resilience, and environmental sustainability.

 

Hydroponic vegetables Market Segmentation:

By Type

  • Cucumber
  • Lettuce
  • Spinach
  • Peppers
  • Tomatoes

 

By Farming Type

  • Indoor
  • Outdoor

 

By Origin

  • Nature Organic
  • Conventional

 

By Distribution Channel

  • Hypermarket/Supermarket
  • Grocery Stores
  • Unorganized Small Stores
  • Whole Foods Specialty Store
  • Bulk Suppliers Distributors

 

By Region

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

 

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Key Insights from the Hydroponic Vegetables Market Research Report 2023-2030:

➼ Detailed examination of significant changes in market dynamics.

➼ Comprehensive reporting and assessment of recent industry developments.

➼ Thorough background analysis, including an evaluation of the parent Hydroponic Vegetables Market.

➼ Insights into the current, historical, and projected size of the Hydroponic Vegetables Market in terms of both value and volume.

➼ Segmentation of the Hydroponic Vegetables Market based on top regions.

➼ Analysis of market shares and strategies employed by key manufacturers in the Hydroponic Vegetables Market.

➼ Identification of emerging specific segments and regional markets within the Hydroponic Vegetables Market.

➼ Objective evaluation of the trajectory of the market.

➼ Recommendations provided to top companies for strengthening their position in the market.

 

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