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GLOBAL HYDROPONICS MARKET OVERVIEW
EXECUTIVE SUMMARY
What is Hydroponics?
A farming method wherein the crops are grown and harvested in a completely soil-less medium
The growing media becomes a nutrient solution, imperative for the plant to grow
Proven technique to use almost over 75% lesser water than traditional farming
Produce quantity and quality unaffected by weather conditions
The Global Issues with Traditional Agriculture and Farming Techniques
Concept of global food security becomes endangered as conventional resources fail to
suffice the growing population needs
Lack of fertile soil and poor irrigation system
Excessive water consumption and wastage
Erratic and unpredictable weather conditions
Rising temperatures and radical shifts from historic profiles
Hydroponics- An Emerging Solution
Minimal utilization of water
Growth in every climatic conditions
Integrated pest management ensures minimal pest issues
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GLOBAL HYDROPONICS MARKET OVERVIEW
EXECUTIVE SUMMARY
Hydroponics - Global Market Overview
The world commercial hydroponics industry has grown 4 to 5 fold in the last 10
years
Global Market is estimated at between XXXX and XXX hectares with a farm gate
value of $XX Billion to $8XXXX Billion as of 2014
Producer value is expected to increase from $XXX Billion to $xxx Billion (1,478.8
Billion INR) from 2015-2020
The growth is steady in developed regions
Key countries include Holland, Spain, Australia, the U.S., Canada, Italy, Canada,
Mexico, New Zealand and China
Developing regions such as Africa and Asia will be witnessing hydroponics as
their fastest growing sector ( as compared to other agriculture technologies)
The barriers to enter into emerging and promising markets are relatively low
Abundance of natural resources and the low cost labor and electricity are other
attractive factor for investors in developing regions
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GLOBAL HYDROPONICS MARKET OVERVIEW
GLOBAL TREND ANALYSIS FOR HYDROPONICS & COMPETING TECHNOLOGIES
Very high and sustained interest in hydroponics year on year ( an average of 60 search index)
Lettuce (vegetable ) is the highest search topics globally accounting for 70% of the total search volume during 2014
Aquaponics is the distant second ,rivaling at a search index of 10 during 2014
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