What is the projected growth rate (CAGR) of the Hydroponics Market from 2025 to 2032, and what is the market value expected to change by 2032?

The Global Hydroponics Market reached USD 16.54 billion in 2024 and is projected to witness lucrative growth by reaching up to USD 47.92 billion by 2032. The market is growing at a CAGR of 14.22% during the forecast period 2025-2032.

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What is Hydroponics Market ?

Hydroponics is a soilless method of growing plants using nutrient-rich water solutions, allowing roots to absorb essential minerals directly. This innovative farming technique enables faster growth, higher yields, and efficient resource use by minimizing water, land, and pesticide requirements. Widely adopted in urban agriculture, greenhouses, and controlled environment farming, hydroponics supports sustainable food production and is gaining popularity amid rising concerns over land scarcity, climate change, and food security.

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Conclusion

Hydroponics represents a transformative shift in modern agriculture, offering a sustainable, efficient, and scalable solution to global food production challenges. With its ability to maximize yield while conserving water and land resources, hydroponics is poised to play a critical role in ensuring food security, especially in urban and climate-impacted regions. As technology advances and awareness grows, hydroponics is expected to become a cornerstone of future farming systems.

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Top Key Companies:

Bright Farms Inc, Argus Control Systems Limited, Hortisystems Uk Ltd, Kubo Group, Greentech Organic Hydroponics Systems Mfrs., Circle Fresh Farms, Hydrodynamics International, Helio spectra AB, AmHydro, and Growers Supply.

Market Segments:

By Crop: Tomato, Lettuce and Leafy Vegetables, Pepper, Cucumber, Microgreens, Others

By System: Aggregate Hydroponic System, Liquid Hydroponic System

By Equipment: HVAC, LED Glowlight, Irrigation Systems, Material Handling, Control Systems, Others

By Service: Inorganic Hydroponic Solutions, Organic Hydroponic Solutions

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