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Hydroponic Market Size, Share & Forecast - Accounted 13,842.3 Million by 2023 KD Market Insights

Via: ReleaseWire

Updated 8:00 AM CST, Tue, January 08,2019

According to the KD, market insights Hydroponic market is accounted for USD 5,223.7 Million in 2017 and is expected to rise to USD 13,842.3 Million by the end of 2023. During the forecast period of 6 years, it will flourish at a CAGR of 20.7%.

Albany, NY -- (SBWIRE) -- 01/08/2019 -- Hydroponics is a subset of hydroculture, which is a method of using mineral nutrient solution for growing plants without soil. Due to the growing population, this has taken our farming methods to the next level, in order to produce more food. This is the effective method to be driven in near future to fulfill our food demands. According to the KD, market insights Hydroponic market is accounted for USD 5,223.7 Million in 2017 and is expected to rise to USD 13,842.3 Million by the end of 2023. During the forecast period of 6 years, it will flourish at a CAGR of 20.7%. In the upcoming years, this market growth is tremendous and as well beneficial for us. It will help in providing the market with high mineral content food.

Report Description:-

The Hydroponic market research provides an overview of its global market and insights that is the unique reason behind it's increasing demand in the market. The report depicts the market trends, challenges, and key industry drivers. This research also provides an estimation of strategies which will help the product to grow in the market.

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The Hydroponic market during the forecast period of 6 years has overwhelming growth due to its benefit it provides to enhance the farming methods. Further, the overview includes the market trends and the growth of this market in the upcoming years. In this report, the hydroponic market is segmented by product, system, crop as well geography. On the basis of product, the market is sub-divided into HVAC, growing chamber, reservoir, growing supplies, glowing LED lights, pump & tubing, controlling equipment, accessories. By system, the market is sub-segmented into aggregate hydroponic which is further distributed into open system and closed system and another one is liquid hydroponics system which contains nutrient film technique (NFT) and others.It is also sub-segmented by crops such as lettuce, micro greens, tomatoes, herbs, pepper, and cucumber. The report contains a detailed analysis of every aspect of the market.

Research covers the analysis of the market in the forecast year of 6 years between 2018-2023 and gives a future forecast of the market. This report covers various regions geographically around the globe such as North America(U.S. & Canada), Europe (Germany, United Kingdom, Italy, Spain, Russia, France and Rest of Europe), Latin America(Brazil, Argentina, Mexico and Rest of Latin America), Middle East & Africa(North Africa, GCC, South Africa and Rest of Middle East & Africa), Asia Pacific (China, India, Japan, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific).

It provides the current scenario of the market and the target that Hydroponics market has to achieve in the market. For the examination, 2017 is considered as Base year, 2018 as an estimated year and 2018- 2023 as a forecasted year. All the factors are considered while providing the data about the market. The segments are further divided into sub-segments for the better examination of the market and to examine every factor correctly. The major techniques are also been taken into consideration to keep a check on the market concisely. The key market players are Amhydro, Lumigrow, Heliospectra, AB, Hydrofarm, American Hydroponics, HydroGarden, Hanna Instrument, Inc., General Agro, LLC, Hydrodynamics International, Inc. and other major & niche players.

In the final section of the report the analysis of the company's business and the performance about the revenue breakup by segment, key facts, risk analysis, SWOT analysis, financial information, company's overview, business strategy, marketing and distribution and about new product analysis, recent news related to acquisition, development, research, expansion have been considered. Moreover, the long and short-term strategies adopted by the company have been evacuated from time to time for the better overview of the product and the demand of the Hydroponics is estimated in order to have a better vision for the market.

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Table of Content: -
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Hydroponic Market
3. Global Hydroponics Market Trends
4. Opportunities in Global Hydroponics Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Hydroponics Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)

9. Global Hydroponics Market Segmentation Analysis, By Product
9.1. Introduction
9.2. Market Attractiveness, By Product
9.3. BPS Analysis, By Product
9.4. Growing Chamber Market Size & Forecast (USD Million), 2017-2023
9.5. Pump & Tubing Market Size & Forecast (USD Million), 2017-2023
9.6. Growing LED Lights Market Size & Forecast (USD Million), 2017-2023
9.7. HVAC Market Size & Forecast (USD Million), 2017-2023
9.8. Growing Supplies Market Size & Forecast (USD Million), 2017-2023
9.9. Controlling Equipment Market Size & Forecast (USD Million), 2017-2023
9.10. Reservoir Market Size & Forecast (USD Million), 2017-2023
9.11. Accessories Market Size & Forecast (USD Million), 2017-2023

10. Global Hydroponics Market Segmentation Analysis, By System
10.1. Introduction
10.2. Market Attractiveness, By System
10.3. BPS Analysis, By System
10.4. Aggregate Hydroponic System Market Size & Forecast (USD Million), 2017-2023
10.4.1. Closed Systems Market Size & Forecast (USD Million), 2017-2023
10.4.2. Open Systems Market Size & Forecast (USD Million), 2017-2023
10.5. Liquid Hydroponics System Market Size & Forecast (USD Million), 2017-2023
10.5.1. Nutrient Film Technique (NFT) Market Size & Forecast (USD Million), 2017-2023
10.5.2. Others Market Size & Forecast (USD Million), 2017-2023
Continue……

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KD Market Insights has come with the idea of helping business by intelligent decision making and thorough understanding of the industry. We offer a comprehensive database of syndicated research, customized reports as well as consulting services to help a business grow in their respective domain. At KD Market Insights, we offer our client a deep market research reports accompanied by business consulting services that can help them to reach on top of the corporate world. Our customized reports are built by keeping all factors of the industry in mind.

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