Hydroponics Market

Industry Overview

The Global Hydroponics Market size was valued at USD 39.6 billion in 2023. It is likely to grow up to USD 64.2 billion by 2030 at a CAGR of 7.4% during the forecast period ranging between 2025 and 2030.

This growth is primarily attributed to the rising demand for organic food production. People all over the world today look for pesticide-free food items. Slowly it is gaining popularity in vertical farming schemes due to the fact that plants grow much faster this way and being chemical free it meets the rising demand for organic food by consumers making it a worthy solution. 

When plants are grown without soil, it is called hydroponics. Strange as it may seem, plants do really grow in this process using only the minerals and other nutrients in water. Plants are typically grown indoors, in a greenhouse, or other places with a controlled environment with properly managed temperature, light, nutrients and water.

Hydroponics is used extensively for commercial agriculture and urban farming where arable land is scarce or the condition of soil is poor. The significant benefits offered by it include faster growth of plants, water efficiency, and optimization of space. Hydroponics is also used in educational and for research purposes.  

Global Hydroponics Market Trends/Growth Drivers:

Rapid Urbanization Increasing Local Food Demand 

Rapid urbanization is one significant reason for the growth of the global hydroponics market. Urbanization causes scarcity of productive land while increases the local demand for food. Hydroponics can produce plants and food much faster than traditional farming systems and help meet the rising demand for food in these areas despite shortage of agricultural land without affecting the environment. 

In addition to urban farming solution, other factors that promote the growth of the market include tech developments happening rapidly and continually. Innovations like vertical farming, automation, and energy-efficient and better performing LED lighting systemslower resource consumption and promotes crop yields. Hydroponics is also a more viable solution in urban farming atmosphere due to integration of advanced technologies like AI and IoT that enable real-time monitoring of nutrient level, plant health, and environmental conditions.Also, rising awareness for sustainability, climate change, soil degradation, and water scarcity are promoting the market growth.

Global Hydroponics Market Report Coverage

Global Hydroponics Market Challenges

High Initial Cost 

The initial investment for setting up the hydroponics systems is quite high which deters rapid adoption and offers a significant challenge to the growth of theglobal hydroponics market. Typically, these systems are much advanced and use sophisticated technologies and equipment that are expensive. This prevents startups and small-scale farmers to step into the market. Lack of expertise in operating and managing these systems also deters quite a few farmers to take up this farming solution.

Global Hydroponics Market Opportunities

Rise in urban farming needs 

The opportunities for the growth of the global hydroponics market are however offered by the rapid urbanization that increases urban farming to offer people locally grown food since it is the most suitable farming process in regions where arable land is short. Integration with vertical farming and rising demand for sustainable farming practices also present novel growth opportunities to the market. Tech innovation also offers growth opportunities as it helps promote production even further. 

Global Hydroponics Market Segmentation

VynZ Research provides an analysis of the key trends in each segment of the global building and construction market report, along with forecasts at the regional and country levels from 2025-2030. Our report has categorized the market based on type, application, system size and end user

Insight by Type

The NFT segment dominates due to higher adoption

Nutrient Film Technique system, Wick system, Deep Water Culture system, and AeroponicsSystems are the major segments in which theglobal hydroponics market is divided based on the type where the Nutrient Film Technique systemsegment is likely to rule the market during the estimated perioddue to its higher adoption and capability to yield high crop volume at low cost.

Insight by Application

Fruits and vegetables segment dominates due to rising demand for organic produce

Fruits and Vegetables, Flowering Plants, Herbs, and Medicinal Plants are the four segments of the global hydroponics market based on the application where the fruits and vegetables segment leads the market. Ot is mainly attributed to the steady rise in demand for fresh and organic food by consumers looking for chemical-free locally grown food to support their healthier food habits and lifestyle.

Insight by System Size

The large-scale system segment dominates due to higher adoption in commercial agriculture 

The global hydroponics market is split by system size into Small-Scale, Medium-Scale, and Large-Scale Systems. Out of these three major segments, the large-scale system segment is expected to dominate in the study period due to higher adoption in commercial agriculture sector to meet the rising demand for bulk produce at lower cost.

Insight by End User

The commercial growers dominate due to higher interest in urban farming

The global hydroponics market is also divided by different end users into Residential Users, Commercial Growers, Research Organizations, and others. The commercial growers dominate the market due to rising number, higher interest in urban farming, and greater need for space and resource optimization.

Global Hydroponics Market: Geographic Overview

North America dominates the global hydroponics market, especially by United States and Canada, due to advanced technologies, higher demand for organic food, and rising government support.

The market in Europe is also growing steadily due to higher adoption in the UK, Netherlands, and Germany, greater emphasis on reducing environmental impact and sustainability, and availability of efficient resources.

The market in Asia Pacific region will grow at the highest rate due to rapid urbanization drives in countries like India, China, and Japan, which increase the demand for food. Supportive government initiatives are also fast-tracking market growth.

Global Hydroponics Market: Major Players

Global Hydroponics Market: Recent Developments

AeroFarms of USA has recently started a new facility for vertical farming in Danville, Virginia to produce additional fresh greens by 2 million pounds annually.

Hydrofarmof USA has launched a line of commercial hydroponic systems that supports automation and latest climate control technologies.

1.    Research Overview

        1.1.    The Report Offers
        1.2.    Market Coverage
                  1.2.1.    By Type 
                  1.2.2.    By Application 
                  1.2.3.    By System Size 
                  1.2.4.    By End User 
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Methodology
                  1.5.1.  Data Sources
                             1.5.1.1. Primary Research
                             1.5.1.2. Secondary Research
                  1.5.2.  Methodology
                             1.5.2.1. Data Exploration
                             1.5.2.2. Forecast Parameters
                             1.5.2.3. Data Validation
                             1.5.2.4. Assumptions
                  1.5.3.  Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

       3.1.    Industry Dynamics
                 3.1.1.    Market Growth Drivers
                 3.1.2.    Market Restraints
                 3.1.3.    Key Market Trends
                 3.1.4.    Major Opportunities
       3.2.    Industry Ecosystem
                 3.2.1.    Porter’s Five Forces Analysis
                 3.2.2.    Recent Development Analysis
                 3.2.3.    Value Chain Analysis
       3.3.    Competitive Insight
                 3.3.1.    Competitive Position of Industry Players
                 3.3.2.    Market Attractive Analysis
                 3.3.3.    Market Share Analysis

4.    Global Market Estimate and Forecast

       4.1.    Global Market Overview
       4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

       5.1.    By Type 
                 5.1.1. Nutrient Film Technique system
                           5.1.1.1. Market Definition
                           5.1.1.2. Market Estimation and Forecast to 2030
                 5.1.2. Wick system
                           5.1.2.1. Market Definition
                           5.1.2.2. Market Estimation and Forecast to 2030
                 5.1.3. Deep Water Culture system
                           5.1.3.1. Market Definition
                           5.1.3.2. Market Estimation and Forecast to 2030
                 5.1.4. Aeroponics Systems
                           5.1.4.1. Market Definition
                           5.1.4.2. Market Estimation and Forecast to 2030

       5.2.    By Application 
                 5.2.1. Fruits and Vegetables
                           5.2.1.1. Market Definition
                           5.2.1.2. Market Estimation and Forecast to 2030
                 5.2.2. Flowering Plants
                           5.2.2.1. Market Definition
                           5.2.2.2. Market Estimation and Forecast to 2030
                 5.2.3. Herbs
                           5.2.3.1. Market Definition
                           5.2.3.2. Market Estimation and Forecast to 2030
                 5.2.4. Medicinal Plants
                           5.2.4.1. Market Definition
                           5.2.4.2. Market Estimation and Forecast to 2030

       5.3.    By System Size 
                 5.3.1. Small-Scale
                           5.3.1.1. Market Definition
                           5.3.1.2. Market Estimation and Forecast to 2030
                 5.3.2. Medium-Scale
                           5.3.2.1. Market Definition
                           5.3.2.2. Market Estimation and Forecast to 2030
                 5.3.3. Large-Scale Systems
                           5.3.3.1. Market Definition
                           5.3.3.2. Market Estimation and Forecast to 2030

       5.4.    By End User 
                 5.4.1. Residential Users
                           5.4.1.1. Market Definition
                           5.4.1.2. Market Estimation and Forecast to 2030
                 5.4.2. Commercial Growers
                           5.4.2.1. Market Definition
                           5.4.2.2. Market Estimation and Forecast to 2030
                 5.4.3. Research Organizations
                           5.4.3.1. Market Definition
                           5.4.3.2. Market Estimation and Forecast to 2030
                 5.4.4. others
                           5.4.4.1. Market Definition
                           5.4.4.2. Market Estimation and Forecast to 2030

6.   North America Market Estimate and Forecast

      6.1.    By Type   
      6.2.    By Application   
      6.3.    By System Size   
      6.4.    By End User   
                6.4.1.    U.S. Market Estimate and Forecast
                6.4.2.    Canada Market Estimate and Forecast
                6.4.3.    Mexico Market Estimate and Forecast

7.   Europe Market Estimate and Forecast

      7.1.    By Type   
      7.2.    By Application   
      7.3.    By System Size   
      7.4.    By End User   
                7.4.1.    Germany Market Estimate and Forecast
                7.4.2.    U.K. Market Estimate and Forecast
                7.4.3.    France Market Estimate and Forecast
                7.4.4.    Italy Market Estimate and Forecast
                7.4.5.    Spain Market Estimate and Forecast
                7.4.6.    Russia Market Estimate and Forecast
                7.4.7.    Rest of Europe Market Estimate and Forecast

8.   Asia-Pacific (APAC) Market Estimate and Forecast

      8.1.    By Type   
      8.2.    By Application   
      8.3.    By System Size   
      8.4.    By End User   
                8.4.1.    China Market Estimate and Forecast
                8.4.2.    Japan Market Estimate and Forecast
                8.4.3.    India Market Estimate and Forecast
                8.4.4.    South Korea Market Estimate and Forecast
                8.4.5.    Vietnam Market Estimate and Forecast
                8.4.6.    Thailand Market Estimate and Forecast
                8.4.7.    Malaysia Market Estimate and Forecast
                8.4.8.    Rest of Asia-Pacific Market Estimate and Forecast

9.   Rest of the World (RoW) Market Estimate and Forecast

      9.1.    By Type   
      9.2.    By Application   
      9.3.    By System Size   
      9.4.    By End User   
                9.4.1.    Brazil Market Estimate and Forecast
                9.4.2.    Saudi Arabia Market Estimate and Forecast
                9.4.3.    South Africa Market Estimate and Forecast
                9.4.4.    U.A.E. Market Estimate and Forecast
                9.4.5.    Other Countries Market Estimate and Forecast

10.  Company Profiles

       10.1.   Lettuce Grow
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   Hydrofarm
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   The Hydroponic Research Group
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   Vertical Farm Systems
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   AeroFarms
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   Gotham Greens
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   Oasis Grower Solutions
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   Hydroponics 101
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   Jiffy International
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments

11.    Appendix

         11.1.    Exchange Rates
         11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.