Published by Coherent Market Insights
Posted on September 24, 2021
Hydroponic is an advanced technology that involves growing of plants without soil. Hydroponic gardens offer all the nutrients to the plant without involving soil, sunlight, and extra labor. It involves the growth of plants in water. All the essential nutrients are dissolved in the water and supplied to the plant on a regular basis for proper development. Hydroponically grown vegetables are high quality and require very little washing.
Growing demand for locally or regionally produced vegetables is primarily fueling the market growth of hydroponic vegetables. Rising demand for fresh and organic food products due to increasing awareness regarding the health benefits of organic food products. Moreover, growing demand for the clean label with natural ingredients is also expected to foster the market growth of the hydroponic vegetables over the forecast timeframe.
The global hydroponic vegetables market is projected to reach around US$ 13,731.5 million by the end of 2027, in terms of revenue, growing at CAGR of 6.6% during the forecast period (2020-2027).
Top Key Players in Hydroponic Vegetables market: AMCO Produce Inc., Eden Farms, Hollandia Produce, L.P., Bright Farms Inc., Soave Enterprises LLC., Village Farms International, Inc., Platinum Produce Company, Millennium Pacific Greenhouses Ltd., Emirates Hydroponics Farms, and Thanet Earth Ltd.
Scope of the Report:
The research report concentrates on the Global Hydroponic Vegetables Market in the regional market such as North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. Furthermore, the report segments the market according to market type, product type, end-users, vertical sectors, product prices, new product launches, innovation, and product differentiation.
Regional Analysis:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Hydroponic Vegetables market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Rising prevalence of soil-borne disease caused due to microorganisms present in the soil is expected to foster the market growth of hydroponic vegetable. These microorganisms cause damages to the root of the plant and lead to the death of the plant. Moreover, the consumption of contaminated or diseased plants may lead to various health issues and in these cases, hydroponic plants are suitable alternative in order to prevent soil-borne disease. Thus, growing soil-borne disease is expected to augment the market growth of the hydroponic plant.
The development of the innovative cultivation system is expected to bring new opportunities to the market of hydroponic vegetables. For instance, in September 2019, Verdeat launched its hydroponic garden system for the home controlled by a smartphone app and designed to fit inside the house or apartment. Moreover, it is like a growing number of at-home hydroponic systems. Hence, the launch of innovative hydroponic product is expected to propel the market growth.
Increasing establishment of hydroponic vegetable restaurant around the globe is projected to offer lucrative opportunities to the market of hydroponic vegetables. For instance, in January 2017, LeafIn, which is a hydroponic vegetable restaurant, opened in China. This is the first hydroponic vegetable restaurant in the country. Therefore, the growing introduction of hydroponic vegetable restaurant will favor the market growth over the forecast period.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Hydroponic Vegetables market leading manufacturers with latest trends forecast to 2027 appeared first on Gatorledger.
Hydroponic is an advanced technology that involves growing of plants without soil. Hydroponic gardens offer all the nutrients to the plant without involving soil, sunlight, and extra labor. It involves the growth of plants in water. All the essential nutrients are dissolved in the water and supplied to the plant on a regular basis for proper development. Hydroponically grown vegetables are high quality and require very little washing.
Growing demand for locally or regionally produced vegetables is primarily fueling the market growth of hydroponic vegetables. Rising demand for fresh and organic food products due to increasing awareness regarding the health benefits of organic food products. Moreover, growing demand for the clean label with natural ingredients is also expected to foster the market growth of the hydroponic vegetables over the forecast timeframe.
The global hydroponic vegetables market is projected to reach around US$ 13,731.5 million by the end of 2027, in terms of revenue, growing at CAGR of 6.6% during the forecast period (2020-2027).
Top Key Players in Hydroponic Vegetables market: AMCO Produce Inc., Eden Farms, Hollandia Produce, L.P., Bright Farms Inc., Soave Enterprises LLC., Village Farms International, Inc., Platinum Produce Company, Millennium Pacific Greenhouses Ltd., Emirates Hydroponics Farms, and Thanet Earth Ltd.
Scope of the Report:
The research report concentrates on the Global Hydroponic Vegetables Market in the regional market such as North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. Furthermore, the report segments the market according to market type, product type, end-users, vertical sectors, product prices, new product launches, innovation, and product differentiation.
Regional Analysis:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Hydroponic Vegetables market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Rising prevalence of soil-borne disease caused due to microorganisms present in the soil is expected to foster the market growth of hydroponic vegetable. These microorganisms cause damages to the root of the plant and lead to the death of the plant. Moreover, the consumption of contaminated or diseased plants may lead to various health issues and in these cases, hydroponic plants are suitable alternative in order to prevent soil-borne disease. Thus, growing soil-borne disease is expected to augment the market growth of the hydroponic plant.
The development of the innovative cultivation system is expected to bring new opportunities to the market of hydroponic vegetables. For instance, in September 2019, Verdeat launched its hydroponic garden system for the home controlled by a smartphone app and designed to fit inside the house or apartment. Moreover, it is like a growing number of at-home hydroponic systems. Hence, the launch of innovative hydroponic product is expected to propel the market growth.
Increasing establishment of hydroponic vegetable restaurant around the globe is projected to offer lucrative opportunities to the market of hydroponic vegetables. For instance, in January 2017, LeafIn, which is a hydroponic vegetable restaurant, opened in China. This is the first hydroponic vegetable restaurant in the country. Therefore, the growing introduction of hydroponic vegetable restaurant will favor the market growth over the forecast period.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Hydroponic Vegetables market leading manufacturers with latest trends forecast to 2027 appeared first on Gatorledger.
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