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).
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.
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The top key players included in this report: 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.
The Hydroponic Vegetables Market report gives a 360-degree holistic view of the market and highlights the key developments, drivers, restraints, and future trends with impact analysis of these trends on the market for short-term, mid-term, and long-term during the forecast period. In addition, Along with an industrial chain, market statistics in terms of revenue, sales, price, capacity, regional market analysis, segment-wise data, and market forecast information are offered in the full study, etc.
Hydroponic Vegetables Market Report is Segmented as Following-
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Market Attributes
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Details
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The Hydroponic Vegetables market size value in 2021
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USD XX Million
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The revenue forecast in 2027
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USD XX Million
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Growth Rate
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CAGR of XX % from 2021 to 2027
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Report coverage
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Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And Trends
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Country scope
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U.S., Canada, Mexico, U.K., Germany, France, Italy, China, India, Japan, Brazil, Argentina, Saudi Arabia, South Africa
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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.
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The Hydroponic Vegetables Market report begins with a basic overview of the industry lifecycle, definitions, classifications, applications, and industry chain structure, and all these together will help leading players understand the scope of the Market, what characteristics it offers, and how it will fulfill customer’s requirements. The study also covers market status, share, future patterns, development rate, deals, SWOT analysis, channels, merchants, and improvement gets ready for the anticipated year between 2021-2027.
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