hydroponics market

www.bisresearch.com 1

HYDROPONICS MARKET

Prepared by BIS Research


GLOBAL HYDROPONICS

MARKET OVERVIEW


GLOBAL HYDROPONICS MARKET OVERVIEW

EXECUTIVE SUMMARY

What is Hydroponics?

A farming method wherein the crops are grown and harvested in a completely soil-less medium

The growing media becomes a nutrient solution, imperative for the plant to grow

Proven technique to use almost over 75% lesser water than traditional farming

Produce quantity and quality unaffected by weather conditions

The Global Issues with Traditional Agriculture and Farming Techniques

Concept of global food security becomes endangered as conventional resources fail to

suffice the growing population needs

Lack of fertile soil and poor irrigation system

Excessive water consumption and wastage

Erratic and unpredictable weather conditions

Rising temperatures and radical shifts from historic profiles Hydroponics- An Emerging Solution

Minimal utilization of water

Growth in every climatic conditions

Integrated pest management ensures minimal pest issues



EXECUTIVE SUMMARY

Hydroponics - Global Market Overview

The world commercial hydroponics industry has grown 4 to 5 fold in the last 10

years

Global Market is estimated at between XXXX and XXX hectares with a farm gate

value of $XX Billion to $8XXXX Billion as of 2014

Producer value is expected to increase from $XXX Billion to $xxx Billion (1,478.8

Billion INR) from 2015-2020

The growth is steady in developed regions

Key countries include Holland, Spain, Australia, the U.S., Canada, Italy, Canada,

Mexico, New Zealand and China

Developing regions such as Africa and Asia will be witnessing hydroponics as

their fastest growing sector ( as compared to other agriculture technologies)

The barriers to enter into emerging and promising markets are relatively low

Abundance of natural resources and the low cost labor and electricity are other

attractive factor for investors in developing regions



GLOBAL TREND ANALYSIS FOR HYDROPONICS & COMPETING TECHNOLOGIES

Very high and sustained interest in hydroponics year on year ( an average of 60 search index)

Lettuce (vegetable ) is the highest search topics globally accounting for 70% of the total search volume during 2014

Aquaponics is the distant second ,rivaling at a search index of 10 during 2014


BIS Research

9100 West Bloomington Freeway,

Suite 159 Bloomington,

MN 55431

U.S.

Tel: +1 650 228 0182

To procure a detailed market

intelligence report on hydroponic

market write to us at:

[email protected]

hydroponics market

Data & Analytics