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.
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. 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. However, 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.
Browse market data Tables and Figures spread through 142 Pages and in-depth TOC on Hydroponics Market By Type (Nutrient Film Technique system, Wick system, Deep Water Culture system, and Aeroponics Systems), By Application (Fruits and Vegetables, Flowering Plants, Herbs, and Medicinal Plants), By System Size (Small-Scale, Medium-Scale, and Large-Scale Systems), By End User (Residential Users, Commercial Growers, Research Organizations, and others) and By Geography (North America, Europe, Asia Pacific and Rest of the World) - Forecast from 2025 to 2030.
Segment / Key Players |
Categorization |
Type |
Nutrient Film Technique system, Wick system, Deep Water Culture system, and Aeroponics Systems |
Application |
Fruits and Vegetables, Flowering Plants, Herbs, and Medicinal Plants |
System Size |
Small-Scale, Medium-Scale, and Large-Scale Systems |
End User |
Residential Users, Commercial Growers, Research Organizations, and others |
Key Players |
Lettuce Grow, Hydrofarm, The Hydroponic Research Group, Vertical Farm Systems, AeroFarms, Gotham Greens, Oasis Grower Solutions, Hydroponics 101, Jiffy International |
By type, Nutrient Film Technique system dominated the hydroponics market
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.
"Northeast region dominates the hydroponics market."
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.
Some of the key players in this market are Lettuce Grow, Hydrofarm, The Hydroponic Research Group, Vertical Farm Systems, AeroFarms, Gotham Greens, Oasis Grower Solutions, Hydroponics 101, Jiffy International
Recent Developments By the Key Players
Jiffy has opened a new Preforma factory on the United States' West Coast. This facility aims to enhance the company's ability to serve customers across North and Latin America, reinforcing its commitment to innovation and service in sustainable plant growing solutions.
The Hydroponics Market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.
Hydroponics Market coverage (By Value)
Geographical Segmentation
Global Hydroponics Market by Region