Setting

Global Hydroponics Market 2022-2032 by Product Type (Aggregate System, Liquid Hydroponics), Input (Growth Media, Nutrients), Equipment (Irrigation, HVAC, LED Lights, Material Handling, Control Systems), Crop (Tomatoes, Lettuce & Leafy Vegetables, Peppers, Cucumbers, Strawberry, Herbs, Flowers), Distribution Channel (Online, Offline), and Region: Trend Forecast and Growth Opportunity

Published: 28 Feb 2023 | Report Code: 10248950 | Pages: 184

Global Hydroponics Market will reach $28,510.2 million by 2032, growing by 13.6% annually over 2022-2032, driven by the continuous increase in the global population along with rising the demand for food consumption, the rise in the difficulty of growing crops on soil, the rising success rate related with the commercial hydroponics industry, the development of new hydroponics system with a higher yield, and the decreased use of artificial ripening agents and pesticides. Highlighted with 92 tables and 93 figures, this 184 page report “Global Hydroponics Market 2022-2032 by Product Type (Aggregate System, Liquid Hydroponics), Input (Growth Media, Nutrients), Equipment (Irrigation, HVAC, LED Lights, Material Handling, Control Systems), Crop (Tomatoes, Lettuce & Leafy Vegetables, Peppers, Cucumbers, Strawberry, Herbs, Flowers), Distribution Channel (Online, Offline), and Region: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire Global Hydroponics Market and all its sub-segments through extensively detailed classifications.

 

Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

 

In-depth qualitative analyses include the identification and investigation of the following aspects:

• Market Structure

• Growth Drivers

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Five Forces

 

The trend and outlook of the global market is forecast in an optimistic, balanced, and conservative view by taking into account COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Global Hydroponics Market in every aspect of the classification from perspectives of Product Type, Input, Equipment, Crop, Distribution Channel, and Region.

 

Based on Product Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Aggregate System

    o EBB and Flow System

    o Wick System

    o Drip System

    o Other Aggregate Systems

• Liquid Hydroponics

    o Aeroponics

    o Nutrient Film Technique

    o Deep Water Culture

    o Other Liquid Hydroponics

 

Based on Input, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Growth Media

• Nutrients

• Other Inputs

 

By Equipment, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Irrigation System

• HVAC

• LED Growing Lights

• Material Handling

• Control Systems

• Other Equipment

 

By Crop, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Tomatoes

• Lettuce & Leafy Vegetables

• Peppers

• Cucumbers

• Strawberry

• Herbs

• Flowers

• Other Crops

 

By Distribution Channel, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Online Channels

• Offline Channels

 

Geographically, the following regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)

• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

• South America (Brazil, Chile, Argentina, Rest of South America)

• MEA (UAE, Saudi Arabia, South Africa and Rest of MEA)

 

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and split of each national market by Product Type, Equipment and Crop over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

 

Selected Key Players:

Advanced Nutrients Ltd.

Aerofarms

American Hydroponics

Argus Control Systems Limited (Controlled Environments Limited)

Emerald Harvest Co.

Freight Farms

General Hydroponics Inc.

GreenTech Agro LLC

Heliospectra AB

Hydrodynamics International Inc.

Hydroponic Systems International

Logiqs B.V.

LumiGrow Inc.

Scotts Miracle Gro

Signify N.V.

Village Farms International Inc.

 

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table of Contents:
1 Introduction 11
1.1 Industry Definition and Research Scope 11
1.1.1 Industry Definition 11
1.1.2 Research Scope 12
1.2 Research Methodology 15
1.2.1 Overview of Market Research Methodology 15
1.2.2 Market Assumption 16
1.2.3 Secondary Data 16
1.2.4 Primary Data 16
1.2.5 Data Filtration and Model Design 17
1.2.6 Market Size/Share Estimation 18
1.2.7 Research Limitations 19
1.3 Executive Summary 20
2 Market Overview and Dynamics 23
2.1 Market Size and Forecast 23
2.1.1 Impact of COVID-19 on World Economy 24
2.1.2 Impact of COVID-19 on the Market 27
2.2 Major Growth Drivers 29
2.3 Market Restraints and Challenges 35
2.4 Emerging Opportunities and Market Trends 38
2.5 Porter’s Fiver Forces Analysis 42
3 Segmentation of Global Market by Product Type 46
3.1 Market Overview by Product Type 46
3.2 Aggregate System 48
3.2.1 EBB and Flow System 50
3.2.2 Wick System 51
3.2.3 Drip System 52
3.2.4 Other Aggregate Systems 53
3.3 Liquid Hydroponics 54
3.3.1 Aeroponics 56
3.3.2 Nutrient Film Technique 57
3.3.3 Deep Water Culture 58
3.3.4 Other Liquid Hydroponics 59
4 Segmentation of Global Market by Input 60
4.1 Market Overview by Input 60
4.2 Growth Media 62
4.3 Nutrients 63
4.4 Other Inputs 64
5 Segmentation of Global Market by Equipment 65
5.1 Market Overview by Equipment 65
5.2 Irrigation System 67
5.3 HVAC 69
5.4 LED Growing Lights 70
5.5 Material Handling 72
5.6 Control Systems 73
5.7 Other Equipment 75
6 Segmentation of Global Market by Crop 78
6.1 Market Overview by Crop 78
6.2 Tomatoes 80
6.3 Lettuce & Leafy Vegetables 81
6.4 Peppers 82
6.5 Cucumbers 83
6.6 Strawberry 84
6.7 Herbs 85
6.8 Flowers 86
6.9 Other Crops 87
7 Segmentation of Global Market by Distribution Channel 88
7.1 Market Overview by Distribution Channel 88
7.2 Online Channels 90
7.3 Offline Channels 91
8 Segmentation of Global Market by Region 92
8.1 Geographic Market Overview 2022-2032 92
8.2 North America Market 2022-2032 by Country 96
8.2.1 Overview of North America Market 96
8.2.2 U.S. 100
8.2.3 Canada 103
8.2.4 Mexico 106
8.3 European Market 2022-2032 by Country 108
8.3.1 Overview of European Market 108
8.3.2 Germany 112
8.3.3 U.K. 114
8.3.4 France 116
8.3.5 Spain 118
8.3.6 Italy 120
8.3.7 Netherlands 122
8.3.8 Rest of European Market 124
8.4 Asia-Pacific Market 2022-2032 by Country 126
8.4.1 Overview of Asia-Pacific Market 126
8.4.2 Japan 130
8.4.3 China 133
8.4.4 Australia 135
8.4.5 India 137
8.4.6 South Korea 139
8.4.7 Rest of APAC Region 141
8.5 South America Market 2022-2032 by Country 143
8.5.1 Argentina 146
8.5.2 Brazil 148
8.5.3 Chile 150
8.5.4 Rest of South America Market 152
8.6 MEA Market 2022-2032 by Country 153
8.6.1 UAE 156
8.6.2 Saudi Arabia 158
8.6.3 South Africa 160
8.6.4 Other National Markets 162
9 Competitive Landscape 163
9.1 Overview of Key Vendors 163
9.2 New Product Launch, Partnership, Investment, and M&A 166
9.3 Company Profiles 167
Advanced Nutrients Ltd. 167
Aerofarms 169
American Hydroponics 170
Argus Control Systems Limited (Controlled Environments Limited) 171
Emerald Harvest Co. 172
Freight Farms 173
General Hydroponics Inc. 174
GreenTech Agro LLC 175
Heliospectra AB 176
Hydrodynamics International Inc. 177
Hydroponic Systems International 178
Logiqs B.V. 179
LumiGrow Inc. 180
Scotts Miracle Gro 181
Signify N.V. 182
Village Farms International Inc. 183
RELATED REPORTS 184
List of Tables:

Table 1. Snapshot of Global Hydroponics Market in Balanced Perspective, 2022-2032 21
Table 2. World Economic Outlook, 2021-2031 25
Table 3. World Economic Outlook, 2021-2023 26
Table 4. World Population Projections to 2035 32
Table 5. Worldwide Sales of Organic Food, 2022-2032, $ bn 34
Table 6. Main Product Trends and Market Opportunities in Global Hydroponics Market 38
Table 7. Global Hydroponics Market by Product Type, 2022-2032, $ mn 46
Table 8. Global Hydroponics Market: Aggregate System by Type, 2022-2032, $ mn 49
Table 9. Global Hydroponics Market: Liquid Hydroponics by Type, 2022-2032, $ mn 55
Table 10. Global Hydroponics Market by Input, 2022-2032, $ mn 60
Table 11. Global Hydroponics Market by Equipment, 2022-2032, $ mn 65
Table 12. Key Vendors and Main Products of Irrigation System Market 68
Table 13. Key Vendors and Main Products of Grow Lights Market 71
Table 14. Key Vendors and Main Products of Climate Control System Market 74
Table 15. Key Vendors and Main Products of Sensors Market 76
Table 16. Key Vendors and Main Products of Integrated System Market 77
Table 17. Global Hydroponics Market by Crop, 2022-2032, $ mn 78
Table 18. Global Hydroponics Market by Distribution Channel, 2022-2032, $ mn 88
Table 19. Global Hydroponics Market by Region, 2022-2032, $ mn 93
Table 20.  Leading National Hydroponics Market, 2022 and 2032, $ mn 95
Table 21. North America Hydroponics Market by Country, 2022-2032, $ mn 98
Table 22. U.S. Vertical Farms and Greenhouses to Be Built, 2023-2030, Acres 101
Table 23. U.S. Hydroponics Market by Product Type, 2022-2032, $ mn 102
Table 24. U.S. Hydroponics Market by Equipment, 2022-2032, $ mn 102
Table 25. U.S. Hydroponics Market by Crop, 2022-2032, $ mn 102
Table 26. Canada Vertical Farms and Greenhouses to Be Built, 2023-2030, Acres 104
Table 27. Canada Hydroponics Market by Product Type, 2022-2032, $ mn 105
Table 28. Canada Hydroponics Market by Equipment, 2022-2032, $ mn 105
Table 29. Canada Hydroponics Market by Crop, 2022-2032, $ mn 105
Table 30. Mexico Hydroponics Market by Product Type, 2022-2032, $ mn 107
Table 31. Mexico Hydroponics Market by Equipment, 2022-2032, $ mn 107
Table 32. Mexico Hydroponics Market by Crop, 2022-2032, $ mn 107
Table 33. Europe Hydroponics Market by Country, 2022-2032, $ mn 111
Table 34. Germany Hydroponics Market by Product Type, 2022-2032, $ mn 113
Table 35. Germany Hydroponics Market by Equipment, 2022-2032, $ mn 113
Table 36. Germany Hydroponics Market by Crop, 2022-2032, $ mn 113
Table 37. U.K. Hydroponics Market by Product Type, 2022-2032, $ mn 115
Table 38. U.K. Hydroponics Market by Equipment, 2022-2032, $ mn 115
Table 39. U.K. Hydroponics Market by Crop, 2022-2032, $ mn 115
Table 40. France Hydroponics Market by Product Type, 2022-2032, $ mn 117
Table 41. France Hydroponics Market by Equipment, 2022-2032, $ mn 117
Table 42. France Hydroponics Market by Crop, 2022-2032, $ mn 117
Table 43. Spain Hydroponics Market by Product Type, 2022-2032, $ mn 119
Table 44. Spain Hydroponics Market by Equipment, 2022-2032, $ mn 119
Table 45. Spain Hydroponics Market by Crop, 2022-2032, $ mn 119
Table 46. Italy Hydroponics Market by Product Type, 2022-2032, $ mn 121
Table 47. Italy Hydroponics Market by Equipment, 2022-2032, $ mn 121
Table 48. Italy Hydroponics Market by Crop, 2022-2032, $ mn 121
Table 49. Netherlands Hydroponics Market by Product Type, 2022-2032, $ mn 123
Table 50. Netherlands Hydroponics Market by Equipment, 2022-2032, $ mn 123
Table 51. Netherlands Hydroponics Market by Crop, 2022-2032, $ mn 123
Table 52. Hydroponics Market in Rest of Europe by Country, 2022-2032, $ mn 125
Table 53. APAC Hydroponics Market by Country, 2022-2032, $ mn 128
Table 54. Japan Hydroponics Market by Product Type, 2022-2032, $ mn 132
Table 55. Japan Hydroponics Market by Equipment, 2022-2032, $ mn 132
Table 56. Japan Hydroponics Market by Crop, 2022-2032, $ mn 132
Table 57. China Hydroponics Market by Product Type, 2022-2032, $ mn 134
Table 58. China Hydroponics Market by Equipment, 2022-2032, $ mn 134
Table 59. China Hydroponics Market by Crop, 2022-2032, $ mn 134
Table 60. Australia Hydroponics Market by Product Type, 2022-2032, $ mn 136
Table 61. Australia Hydroponics Market by Equipment, 2022-2032, $ mn 136
Table 62. Australia Hydroponics Market by Crop, 2022-2032, $ mn 136
Table 63. India Hydroponics Market by Product Type, 2022-2032, $ mn 138
Table 64. India Hydroponics Market by Equipment, 2022-2032, $ mn 138
Table 65. India Hydroponics Market by Crop, 2022-2032, $ mn 138
Table 66. South Korea Hydroponics Market by Product Type, 2022-2032, $ mn 140
Table 67. South Korea Hydroponics Market by Equipment, 2022-2032, $ mn 140
Table 68. South Korea Hydroponics Market by Crop, 2022-2032, $ mn 140
Table 69. Hydroponics Market in Rest of APAC by Country/Region, 2022-2032, $ mn 142
Table 70. South America Hydroponics Market by Country, 2022-2032, $ mn 145
Table 71. Argentina Hydroponics Market by Product Type, 2022-2032, $ mn 147
Table 72. Argentina Hydroponics Market by Equipment, 2022-2032, $ mn 147
Table 73. Argentina Hydroponics Market by Crop, 2022-2032, $ mn 147
Table 74. Brazil Hydroponics Market by Product Type, 2022-2032, $ mn 149
Table 75. Brazil Hydroponics Market by Equipment, 2022-2032, $ mn 149
Table 76. Brazil Hydroponics Market by Crop, 2022-2032, $ mn 149
Table 77. Chile Hydroponics Market by Product Type, 2022-2032, $ mn 151
Table 78. Chile Hydroponics Market by Equipment, 2022-2032, $ mn 151
Table 79. Chile Hydroponics Market by Crop, 2022-2032, $ mn 151
Table 80. MEA Hydroponics Market by Country, 2022-2032, $ mn 155
Table 81. UAE Hydroponics Market by Product Type, 2022-2032, $ mn 157
Table 82. UAE Hydroponics Market by Equipment, 2022-2032, $ mn 157
Table 83. UAE Hydroponics Market by Crop, 2022-2032, $ mn 157
Table 84. Saudi Arabia Hydroponics Market by Product Type, 2022-2032, $ mn 159
Table 85. Saudi Arabia Hydroponics Market by Equipment, 2022-2032, $ mn 159
Table 86. Saudi Arabia Hydroponics Market by Crop, 2022-2032, $ mn 159
Table 87. South Africa Hydroponics Market by Product Type, 2022-2032, $ mn 161
Table 88. South Africa Hydroponics Market by Equipment, 2022-2032, $ mn 161
Table 89. South Africa Hydroponics Market by Crop, 2022-2032, $ mn 161
Table 90. Advanced Nutrients Ltd.: Company Snapshot 167
Table 91. Advanced Nutrients Ltd.: Business Segmentation 168
Table 92. Advanced Nutrients Ltd.: Product Portfolio 168
List of Figures:

Figure 1. Research Method Flow Chart 15
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 18
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 20
Figure 4. Global Hydroponics Market, 2022-2032, $ mn 23
Figure 5. Impact of COVID-19 on Business 27
Figure 6. Primary Drivers and Impact Factors of Global Hydroponics Market 29
Figure 7. Forecast of Middle-class Population by Region, 2015-2030, million 32
Figure 8. Worldwide Per Capita Arable Land in Hectare, 1961-2020 33
Figure 9. World Map of Per Capita Arable Land in 2020 33
Figure 10. Primary Restraints and Impact Factors of Global Hydroponics Market 35
Figure 11. Investment Opportunity Analysis 39
Figure 12. Porter’s Fiver Forces Analysis of Global Hydroponics Market 42
Figure 13. Breakdown of Global Hydroponics Market by Product Type, 2022-2032, % of Revenue 47
Figure 14. Global Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%) 47
Figure 15. Global Hydroponics Market by Product Type: Aggregate System, 2022-2032, $ mn 48
Figure 16. Global Hydroponics Market by Aggregate System: EBB and Flow System, 2022-2032, $ mn 50
Figure 17. Global Hydroponics Market by Aggregate System: Wick System, 2022-2032, $ mn 51
Figure 18. Global Hydroponics Market by Aggregate System: Drip System, 2022-2032, $ mn 52
Figure 19. Global Hydroponics Market by Aggregate System: Other Aggregate Systems, 2022-2032, $ mn 53
Figure 20. Global Hydroponics Market by Product Type: Liquid Hydroponics, 2022-2032, $ mn 54
Figure 21. Global Hydroponics Market by Liquid Hydroponics: Aeroponics, 2022-2032, $ mn 56
Figure 22. Global Hydroponics Market by Liquid Hydroponics: Nutrient Film Technique, 2022-2032, $ mn 57
Figure 23. Global Hydroponics Market by Liquid Hydroponics: Deep Water Culture, 2022-2032, $ mn 58
Figure 24. Global Hydroponics Market by Liquid Hydroponics: Other Liquid Hydroponics, 2022-2032, $ mn 59
Figure 25. Breakdown of Global Hydroponics Market by Input, 2022-2032, % of Sales Revenue 61
Figure 26. Global Addressable Market Cap in 2023-2032 by Input, Value ($ mn) and Share (%) 61
Figure 27. Global Hydroponics Market by Input: Growth Media, 2022-2032, $ mn 62
Figure 28. Global Hydroponics Market by Input: Nutrients, 2022-2032, $ mn 63
Figure 29. Global Hydroponics Market by Input: Other Inputs, 2022-2032, $ mn 64
Figure 30. Breakdown of Global Hydroponics Market by Equipment, 2022-2032, % of Sales Revenue 66
Figure 31. Global Addressable Market Cap in 2023-2032 by Equipment, Value ($ mn) and Share (%) 66
Figure 32. Global Hydroponics Market by Equipment: Irrigation System, 2022-2032, $ mn 67
Figure 33. Global Hydroponics Market by Equipment: HVAC, 2022-2032, $ mn 69
Figure 34. Global Hydroponics Market by Equipment: LED Growing Lights, 2022-2032, $ mn 70
Figure 35. Global Hydroponics Market by Equipment: Material Handling, 2022-2032, $ mn 72
Figure 36. Global Hydroponics Market by Equipment: Control Systems, 2022-2032, $ mn 73
Figure 37. Global Hydroponics Market by Equipment: Other Equipment, 2022-2032, $ mn 75
Figure 38. Breakdown of Global Hydroponics Market by Crop, 2022-2032, % of Revenue 79
Figure 39. Global Addressable Market Cap in 2023-2032 by Crop, Value ($ mn) and Share (%) 79
Figure 40. Global Hydroponics Market by Crop: Tomatoes, 2022-2032, $ mn 80
Figure 41. Global Hydroponics Market by Crop: Lettuce & Leafy Vegetables, 2022-2032, $ mn 81
Figure 42. Global Hydroponics Market by Crop: Peppers, 2022-2032, $ mn 82
Figure 43. Global Hydroponics Market by Crop: Cucumbers, 2022-2032, $ mn 83
Figure 44. Global Hydroponics Market by Crop: Strawberry, 2022-2032, $ mn 84
Figure 45. Global Hydroponics Market by Crop: Herbs, 2022-2032, $ mn 85
Figure 46. Global Hydroponics Market by Crop: Flowers, 2022-2032, $ mn 86
Figure 47. Global Hydroponics Market by Crop: Other Crops, 2022-2032, $ mn 87
Figure 48. Breakdown of Global Hydroponics Market by Distribution Channel, 2022-2032, % of Revenue 89
Figure 49. Global Addressable Market Cap in 2023-2032 by Distribution Channel, Value ($ mn) and Share (%) 89
Figure 50. Global Hydroponics Market by Distribution Channel: Online Channels, 2022-2032, $ mn 90
Figure 51. Global Hydroponics Market by Distribution Channel: Offline Channels, 2022-2032, $ mn 91
Figure 52. Global Market Snapshot by Region 92
Figure 53. Geographic Spread of Worldwide Hydroponics Market, 2022-2032, % of Sales Revenue 93
Figure 54. Global Addressable Market Cap in 2023-2032 by Region, Value ($ mn) and Share (%) 94
Figure 55. North American Hydroponics Market, 2022-2032, $ mn 97
Figure 56. Breakdown of North America Hydroponics Market by Country, 2022 and 2032, % of Revenue 98
Figure 57. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 99
Figure 58. U.S. Hydroponics Market, 2022-2032, $ mn 101
Figure 59. Canada Hydroponics Market, 2022-2032, $ mn 104
Figure 60. Hydroponics Market in Mexico, 2022-2032, $ mn 106
Figure 61. European Hydroponics Market, 2022-2032, $ mn 109
Figure 62. Breakdown of European Hydroponics Market by Country, 2022 and 2032, % of Revenue 110
Figure 63. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 111
Figure 64. Hydroponics Market in Germany, 2022-2032, $ mn 112
Figure 65. Hydroponics Market in U.K., 2022-2032, $ mn 114
Figure 66. Hydroponics Market in France, 2022-2032, $ mn 116
Figure 67. Hydroponics Market in Spain, 2022-2032, $ mn 118
Figure 68. Hydroponics Market in Italy, 2022-2032, $ mn 120
Figure 69. Hydroponics Market in Netherlands, 2022-2032, $ mn 122
Figure 70. Hydroponics Market in Rest of Europe, 2022-2032, $ mn 124
Figure 71. Asia-Pacific Hydroponics Market, 2022-2032, $ mn 127
Figure 72. Breakdown of APAC Hydroponics Market by Country, 2022 and 2032, % of Revenue 127
Figure 73. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 129
Figure 74. Hydroponics Market in Japan, 2022-2032, $ mn 131
Figure 75. Hydroponics Market in China, 2022-2032, $ mn 133
Figure 76. Hydroponics Market in Australia, 2022-2032, $ mn 135
Figure 77. Hydroponics Market in India, 2022-2032, $ mn 137
Figure 78. Hydroponics Market in South Korea, 2022-2032, $ mn 139
Figure 79. Hydroponics Market in Rest of APAC, 2022-2032, $ mn 141
Figure 80. South America Hydroponics Market, 2022-2032, $ mn 144
Figure 81. Breakdown of South America Hydroponics Market by Country, 2022 and 2032, % of Revenue 144
Figure 82. Contribution to South America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 145
Figure 83. Hydroponics Market in Argentina, 2022-2032, $ mn 146
Figure 84. Hydroponics Market in Brazil, 2022-2032, $ mn 148
Figure 85. Hydroponics Market in Chile, 2022-2032, $ mn 150
Figure 86. Hydroponics Market in Rest of South America, 2022-2032, $ mn 152
Figure 87. Hydroponics Market in Middle East and Africa (MEA), 2022-2032, $ mn 154
Figure 88. Breakdown of MEA Hydroponics Market by Country, 2022 and 2032, % of Revenue 154
Figure 89. Contribution to MEA 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 155
Figure 90. Hydroponics Market in UAE, 2022-2032, $ mn 156
Figure 91. Hydroponics Market in Saudi Arabia, 2022-2032, $ mn 158
Figure 92. Hydroponics Market in South Africa, 2022-2032, $ mn 160
Figure 93. Growth Stage of Global Hydroponics Industry over the Forecast Period 163

Selected Key Players: 
Advanced Nutrients Ltd.
Aerofarms
American Hydroponics
Argus Control Systems Limited (Controlled Environments Limited)
Emerald Harvest Co.
Freight Farms
General Hydroponics Inc.
GreenTech Agro LLC
Heliospectra AB
Hydrodynamics International Inc.
Hydroponic Systems International
Logiqs B.V.
LumiGrow Inc.
Scotts Miracle Gro
Signify N.V.
Village Farms International Inc. 
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)