Hydroponic market is expected to grow at a CAGR of 11%-13% – An exclusive market research report by Lucintel

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Hydroponic market is expected to grow at a CAGR of 11%-13% – An exclusive market research report by Lucintel

December 03
05:24 2021
Hydroponic market is expected to grow at a CAGR of 11%-13% - An exclusive market research report by Lucintel
Trends and Forecast for the Global Hydroponic Market
Trends, opportunities and forecast in hydroponic market to 2025 by type (aggregate systems and liquid systems), crop type (vegetables, fruits, flowers), equipment (HVAC, led grow light, irrigation systems, material handling, control systems), and region (North America, Europe, Asia Pacific, and Rest of the World)

Lucintel’s latest market report analyzed that hydroponic provides attractive opportunities vegetable, fruit, and flower farming. The hydroponic market is expected to grow at a CAGR of 11%-13%. In this market, liquid systems are the largest segment by type, whereas fruits are largest by crop type.

Download Brochure of this report by clicking on https://www.lucintel.com/hydroponic-market.aspx   Based on type, the hydroponic market is segmented into aggregate systems and liquid systems. The liquid systems segment accounted for the largest share of the market in 2020 as the economics of liquid systems are observed to be feasible, since all liquid systems operate in a closed mode, which reduces the cost of nutrient solution.

Browse in-depth TOC on “Hydroponic Market”

XX – Tables

XX – Figures

150 – Pages

The hydroponic market is marked by the presence of several big and small players. Some of the prominent players offering hydroponic include Signify Holdings, Argus Control Systems, Heliospectra AB, Scotts Miracle Gro, American Hydroponics, LumiGrow, Emerald Harvest, Hydroponic Systems International, Advanced Nutrients, and Vitalink.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and         due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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