According to a new report published by FAST.MR, titled, “Hydroponics Market” the global hydroponics market reached a market valuation of USD XX.X Million in 2020 and is estimated to grow at a CAGR of XX.X% during the forecast period, i.e., 2021-2026. The hydroponics market is analysed based on regions, by product, by system and by crop. The regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The research report also includes detailed competitive analysis of dominant market players in hydroponics market, such as Amhydro, Hydrofarm, Lumigrow Inc., American Hydroponics, General Hydroponics and others.
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Among this segment, the growing chamber segment is expected to capture significant shares of the market in 2020 Global growing chamber product segment was totaled at USD XXX.X billion in 2020 and is projected to reach USD XXX.X billion in 2026 at a CAGR of XX.X% from 2021 to 2026. Moreover, based on the system, the hydroponics market is further sub-segmented into aggregate hydroponic system, closed systems, open systems, liquid hydroponics system, nutrient film technique (NFT), others. The closed systems hydroponics dominated the market with a leading share of XX% in 2020 and is poised to continue this dominance in coming years to reach at XX% by 2026.
Region-wise, the market has been segmented into Europe, Asia Pacific, North America, the Middle East & Africa, and Latin America. At present, Asia Pacific is the prominent market, holding XX% of the global market share. The competitive landscape of the market has been examined in the report. Some of the key players operating in the market include Amhydro, Hydrofarm, Lumigrow Inc., American Hydroponics, General Hydroponics and others prominent players.
Research Scope and Deliverables:
- Research Methodology & Executive Summary
- Market Drivers, Trends, Barriers and Opportunities
- Market Size and Forecast Projections
- Competitive Analysis
- Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
- Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
- Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyses the hydroponics market by the following segments:
- Crop Type
Geographic Market Analysis:
The report offers separate analysis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In addition, the further breakdown of market data and analysis of region into countries is covered in the report.
FAST.MR is a global market research and business-consulting organization that aims to provide a deep market insight to our clients, which helps them in better decision making in the dynamic environment. We have a team of highly qualified personnel that studies the market in depth to provide our clients with better strategies to stand out in the market.