Category : Agriculture | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC595
Introduction
Hydroponics is a method of farming which provides better as well as higher yield than the conventional agricultural methods. The two types of inputs such as nutrients and medium are used apart from the equipment in overall system. Micronutrients and macronutrients are the major types of nutrients used. Developed countries in Europe such as Netherlands and France are engaged in utilization of hydroponics farming in greenhouse cultivation. Moreover, Scandinavian countries also takes in use the hydroponic method of farming as growing crops in winter season is often tough. Exotic plants, which are not found in certain regions due to their climatic conditions, can be easily grown using the hydroponic method of farming. Thus, hydroponic makes all types of fruits and vegetables available in several countries round the year.
Market Dynamics
The market is projected to rise significantly as key vendors are turning their attention towards innovation and production of new and tailored products to boost sales. Moreover, rapid advancements in technology further ensures the expansion of hydroponic farming system. For instance, recently developed smartphone-operated plant growing system, Niwa is connected to the app and the internet. The system is easy to function, fully automated, and provides suitable conditions for growing variant crops.
Market Classification
The global hydroponic nutrients market can be segmented on the basis of product type, application and geography. On the basis of product type, the global market can be segmented into organic and synthetic. On the basis of application, the market is segmented as crops, vegetables and others. Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. Middle East and Africa market is projected to be the fastest growing market owing to the presence of unfavorable climatic conditions, lesser availability of arable land as well as need for higher productivity.
Report Coverage
|
Market |
Hydroponic Nutrients Market |
|
Analysis Period |
2015 – 2026 |
|
Historic Data |
2015 – 2016 |
|
Base Year |
2017 |
|
Forecast Data |
2018 – 2026 |
|
Market Stratification |
Product Type, Application, Geography |
|
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
|
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Some of the players in the global hydroponic nutrients market include General Hydroponics, Emerald Harvest, Humboldts Secret, Advanced Nutrients, Roots Organics, FoxFarm, Botanicare, Blue Planet, Cutting Edge Solutions and Growth Science among others.
Market Segmentation
Market By Product Type
o Organic
o Synthetic
Market By Application
o Crops
o Vegetables
o Others
Market By Geography
· North America
o U.S.
o Canada
o Mexico
· Europe
o UK
o Germany
o France
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
· Latin America
o Brazil
o Rest of Latin America
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
