The hydroponics market size has grown rapidly in recent years. It will grow from $15.57 billion in 2024 to $17.3 billion in 2025 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to resource efficiency, water conservation, land scarcity, urban agriculture, reduced dependency on soil quality, year-round production.
The hydroponics market size is expected to see rapid growth in the next few years. It will grow to $28.95 billion in 2029 at a compound annual growth rate (CAGR) of 13.7%. The growth in the forecast period can be attributed to integration with sustainable practices, consumer demand for fresh produce, food security concerns, government support and incentives, educational and research initiatives. Major trends in the forecast period include smart farming technologies, vertical farming systems, nutrient film technique systems, sustainable and organic hydroponic practices, adoption of aeroponics technology.
The growing awareness of health is expected to boost the hydroponics market in the future. Health consciousness refers to an individual's awareness and proactive efforts to maintain and enhance their health and well-being, encompassing various behaviors, attitudes, and beliefs related to physical fitness, nutrition, and lifestyle choices. This heightened health consciousness is driven by factors such as the rising prevalence of lifestyle-related diseases, including obesity, diabetes, and heart disease, which have highlighted the importance of healthy living. Hydroponically grown food is an ideal option for health-conscious consumers as it is cultivated in controlled environments that facilitate precise nutrient management and minimize pesticide use, resulting in fresh, clean, and nutrient-dense produce. For example, in May 2022, a survey conducted by the International Food Information Council, a US-based non-profit organization, among 1,005 American adults aged 18-80 and adult Gen Z consumers aged 18-24 revealed that about 52% of participants followed a specific diet or eating pattern, up from 39% in 2021. The most popular choices included clean eating (16%), mindful eating (14%), and calorie counting (13%). Therefore, the increasing health consciousness is driving growth in the hydroponics market.
The hydroponics market is anticipated to grow due to the rising demand for organic produce. Organic produce refers to agricultural products grown and processed without synthetic chemicals, pesticides, or genetically modified organisms, following strict standards for natural and sustainable practices. Organic hydroponics employs soilless cultivation methods with organic-certified inputs and natural practices to meet organic standards. In May 2023, Australian Organic Limited reported that Australia has over 53 million hectares of certified organic farmland, constituting approximately 70% of the world's total organic land. The country also boasts 3,035 certified organic businesses actively operating, with 53% engaged in production, 45% in processing, and 2% involved in both aspects of the organic industry. Therefore, the rising demand for organic produce is propelling the growth of the hydroponics market.
Major players in the hydroponics market are establishing advanced manufacturing facilities equipped with technologies like Smart Control Apps, which facilitate real-time monitoring and precise management of factors such as nutrient levels, lighting, temperature, and humidity, thereby enhancing plant growth and resource efficiency. A Smart Control App is a technology that allows growers to remotely monitor and adjust the environmental conditions of hydroponic systems. For example, in April 2024, Vertefarm, a US-based hydroponics company, launched a hydroponic micro plant factory. This factory is designed for in-home gardens, integrating advanced hydroponics with a smart control app. The app enables users to remotely monitor and manage plant growth conditions, allowing adjustments to settings like light, water, and nutrient levels from their smartphones, ensuring optimal conditions without the need for constant supervision. The micro plant factory is designed to be visually appealing and compact, making it suitable for a variety of living spaces, including apartments and small homes.
Major players in the hydroponics market are focusing on developing advanced products such as cutting-edge hydroponic systems to meet evolving agricultural demands and sustainability objectives. Advanced hydroponic systems leverage state-of-the-art technologies and methodologies to optimize plant growth in a controlled environment without soil. For example, in November 2023, Israel-based environmental technology company Oceansix Future Paths Ltd. launched HydroQuick, an innovative system poised to enhance the efficiency and sustainability of hydroponic farming. Engineered for easy setup and maintenance, HydroQuick's intuitive design streamlines the installation process for farmers, promoting cost-effectiveness and environmental sustainability.
In April 2023, AYR Wellness Inc., a US-based cannabis manufacturing company, acquired Tahoe Hydroponics Company LLC for $1.5 million. This acquisition is intended to bolster AYR Wellness Inc.'s presence in the cannabis industry and enhance its operational capabilities and product offerings. Tahoe Hydroponics Company LLC is a US-based cultivator specializing in hydroponics.
Major companies operating in the hydroponics market include The Scotts Miracle-Gro Company, Hydrofarm Holdings Group Inc., Village Farms International Inc., Freight Farms Inc., AeroFarms LLC, Crop One Holdings Inc., Bright Farms Inc., BioHarvest Sciences Inc., Urban Crop Solutions, Agrilution Systems GmbH, 3Dponics Inc., American Hydroponics, Illumitex Inc., Back to the Roots, CityCrop Inc., Fresh Box Farms, Green Spirit Horticulture, IBIÒ Inc., Indoor Harvest Corporation, Modular Farms Inc., Thanet Earth Limited, Evergreen Farm Oy, Green Sense Farms LLC, GreenTech Agro LLC, Heliospectra AB, LettUs Grow Ltd., Aessense Corporation, Agrivolution LLC, CropKing Inc, Valoya Inc.
Western Europe was the largest region in the hydroponics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydroponics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hydroponics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Hydroponics is a soilless method of crop cultivation, replacing soil with another supportive material and using nutrient-rich water. Due to closer plant spacing, hydroponic systems yield increased fruits and vegetables compared to traditional land cultivation.
The primary hydroponics systems consist of aggregate systems and liquid systems. Aggregate systems use a solid, inert medium to support plant growth, with both open and closed systems being employed based on the recovery or reuse of surplus solutions. These systems are utilized for indoor and outdoor farming of vegetables, fruits, and flowers.
The hydroponics market research report is one of a series of new reports that provides hydroponics market statistics, including hydroponics industry global market size, regional shares, competitors with a hydroponics market share, detailed hydroponics market segments, market trends and opportunities, and any further data you may need to thrive in the hydroponics industry. This hydroponics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The hydroponics market includes revenues earned by entities by wick systems, water culture systems, drip systems, and aeroponic systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The hydroponics market size is expected to see rapid growth in the next few years. It will grow to $28.95 billion in 2029 at a compound annual growth rate (CAGR) of 13.7%. The growth in the forecast period can be attributed to integration with sustainable practices, consumer demand for fresh produce, food security concerns, government support and incentives, educational and research initiatives. Major trends in the forecast period include smart farming technologies, vertical farming systems, nutrient film technique systems, sustainable and organic hydroponic practices, adoption of aeroponics technology.
The growing awareness of health is expected to boost the hydroponics market in the future. Health consciousness refers to an individual's awareness and proactive efforts to maintain and enhance their health and well-being, encompassing various behaviors, attitudes, and beliefs related to physical fitness, nutrition, and lifestyle choices. This heightened health consciousness is driven by factors such as the rising prevalence of lifestyle-related diseases, including obesity, diabetes, and heart disease, which have highlighted the importance of healthy living. Hydroponically grown food is an ideal option for health-conscious consumers as it is cultivated in controlled environments that facilitate precise nutrient management and minimize pesticide use, resulting in fresh, clean, and nutrient-dense produce. For example, in May 2022, a survey conducted by the International Food Information Council, a US-based non-profit organization, among 1,005 American adults aged 18-80 and adult Gen Z consumers aged 18-24 revealed that about 52% of participants followed a specific diet or eating pattern, up from 39% in 2021. The most popular choices included clean eating (16%), mindful eating (14%), and calorie counting (13%). Therefore, the increasing health consciousness is driving growth in the hydroponics market.
The hydroponics market is anticipated to grow due to the rising demand for organic produce. Organic produce refers to agricultural products grown and processed without synthetic chemicals, pesticides, or genetically modified organisms, following strict standards for natural and sustainable practices. Organic hydroponics employs soilless cultivation methods with organic-certified inputs and natural practices to meet organic standards. In May 2023, Australian Organic Limited reported that Australia has over 53 million hectares of certified organic farmland, constituting approximately 70% of the world's total organic land. The country also boasts 3,035 certified organic businesses actively operating, with 53% engaged in production, 45% in processing, and 2% involved in both aspects of the organic industry. Therefore, the rising demand for organic produce is propelling the growth of the hydroponics market.
Major players in the hydroponics market are establishing advanced manufacturing facilities equipped with technologies like Smart Control Apps, which facilitate real-time monitoring and precise management of factors such as nutrient levels, lighting, temperature, and humidity, thereby enhancing plant growth and resource efficiency. A Smart Control App is a technology that allows growers to remotely monitor and adjust the environmental conditions of hydroponic systems. For example, in April 2024, Vertefarm, a US-based hydroponics company, launched a hydroponic micro plant factory. This factory is designed for in-home gardens, integrating advanced hydroponics with a smart control app. The app enables users to remotely monitor and manage plant growth conditions, allowing adjustments to settings like light, water, and nutrient levels from their smartphones, ensuring optimal conditions without the need for constant supervision. The micro plant factory is designed to be visually appealing and compact, making it suitable for a variety of living spaces, including apartments and small homes.
Major players in the hydroponics market are focusing on developing advanced products such as cutting-edge hydroponic systems to meet evolving agricultural demands and sustainability objectives. Advanced hydroponic systems leverage state-of-the-art technologies and methodologies to optimize plant growth in a controlled environment without soil. For example, in November 2023, Israel-based environmental technology company Oceansix Future Paths Ltd. launched HydroQuick, an innovative system poised to enhance the efficiency and sustainability of hydroponic farming. Engineered for easy setup and maintenance, HydroQuick's intuitive design streamlines the installation process for farmers, promoting cost-effectiveness and environmental sustainability.
In April 2023, AYR Wellness Inc., a US-based cannabis manufacturing company, acquired Tahoe Hydroponics Company LLC for $1.5 million. This acquisition is intended to bolster AYR Wellness Inc.'s presence in the cannabis industry and enhance its operational capabilities and product offerings. Tahoe Hydroponics Company LLC is a US-based cultivator specializing in hydroponics.
Major companies operating in the hydroponics market include The Scotts Miracle-Gro Company, Hydrofarm Holdings Group Inc., Village Farms International Inc., Freight Farms Inc., AeroFarms LLC, Crop One Holdings Inc., Bright Farms Inc., BioHarvest Sciences Inc., Urban Crop Solutions, Agrilution Systems GmbH, 3Dponics Inc., American Hydroponics, Illumitex Inc., Back to the Roots, CityCrop Inc., Fresh Box Farms, Green Spirit Horticulture, IBIÒ Inc., Indoor Harvest Corporation, Modular Farms Inc., Thanet Earth Limited, Evergreen Farm Oy, Green Sense Farms LLC, GreenTech Agro LLC, Heliospectra AB, LettUs Grow Ltd., Aessense Corporation, Agrivolution LLC, CropKing Inc, Valoya Inc.
Western Europe was the largest region in the hydroponics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydroponics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hydroponics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Hydroponics is a soilless method of crop cultivation, replacing soil with another supportive material and using nutrient-rich water. Due to closer plant spacing, hydroponic systems yield increased fruits and vegetables compared to traditional land cultivation.
The primary hydroponics systems consist of aggregate systems and liquid systems. Aggregate systems use a solid, inert medium to support plant growth, with both open and closed systems being employed based on the recovery or reuse of surplus solutions. These systems are utilized for indoor and outdoor farming of vegetables, fruits, and flowers.
The hydroponics market research report is one of a series of new reports that provides hydroponics market statistics, including hydroponics industry global market size, regional shares, competitors with a hydroponics market share, detailed hydroponics market segments, market trends and opportunities, and any further data you may need to thrive in the hydroponics industry. This hydroponics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The hydroponics market includes revenues earned by entities by wick systems, water culture systems, drip systems, and aeroponic systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Hydroponics Market Characteristics3. Hydroponics Market Trends and Strategies4. Hydroponics Market - Macro Economic Scenario Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Hydroponics Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Hydroponics Market34. Recent Developments in the Hydroponics Market
5. Global Hydroponics Growth Analysis and Strategic Analysis Framework
6. Hydroponics Market Segmentation
7. Hydroponics Market Regional and Country Analysis
8. Asia-Pacific Hydroponics Market
9. China Hydroponics Market
10. India Hydroponics Market
11. Japan Hydroponics Market
12. Australia Hydroponics Market
13. Indonesia Hydroponics Market
14. South Korea Hydroponics Market
15. Western Europe Hydroponics Market
16. UK Hydroponics Market
17. Germany Hydroponics Market
18. France Hydroponics Market
19. Italy Hydroponics Market
20. Spain Hydroponics Market
21. Eastern Europe Hydroponics Market
22. Russia Hydroponics Market
23. North America Hydroponics Market
24. USA Hydroponics Market
25. Canada Hydroponics Market
26. South America Hydroponics Market
27. Brazil Hydroponics Market
28. Middle East Hydroponics Market
29. Africa Hydroponics Market
30. Hydroponics Market Competitive Landscape and Company Profiles
31. Hydroponics Market Other Major and Innovative Companies
35. Hydroponics Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Hydroponics Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on hydroponics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for hydroponics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The hydroponics market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Aggregate Systems; Liquid Systems2) By Farming: Indoor Farming; Outdoor Farming
3) By Crop Type: Vegetables; Fruits; Flowers
Subsegments:
1) By Aggregate Systems: Ebb and Flow Systems (Flood and Drain); Drip Systems; Wick Systems; Aeroponics Systems (Using Aggregate Medium)2) By Liquid Systems: Nutrient Film Technique (NFT); Deep Water Culture (DWC); Aeroponics Systems (Mist-Based); Continuous Flow Systems
Key Companies Mentioned: The Scotts Miracle-Gro Company; Hydrofarm Holdings Group Inc.; Village Farms International Inc.; Freight Farms Inc.; AeroFarms LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- The Scotts Miracle-Gro Company
- Hydrofarm Holdings Group Inc.
- Village Farms International Inc.
- Freight Farms Inc.
- AeroFarms LLC
- Crop One Holdings Inc.
- Bright Farms Inc.
- BioHarvest Sciences Inc.
- Urban Crop Solutions
- Agrilution Systems GmbH
- 3Dponics Inc.
- American Hydroponics
- Illumitex Inc.
- Back to the Roots
- CityCrop Inc.
- Fresh Box Farms
- Green Spirit Horticulture
- IBIÒ Inc.
- Indoor Harvest Corporation
- Modular Farms Inc.
- Thanet Earth Limited
- Evergreen Farm Oy
- Green Sense Farms LLC
- GreenTech Agro LLC
- Heliospectra AB
- LettUs Grow Ltd.
- Aessense Corporation
- Agrivolution LLC
- CropKing Inc
- Valoya Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 17.3 Billion |
Forecasted Market Value ( USD | $ 28.95 Billion |
Compound Annual Growth Rate | 13.7% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |