Who are the Market Leaders in Hydroponics?

The global hydroponics market is set to grow significantly from US$ 13.9 billion in 2024 to US$ 29.7 billion by 2030, reflecting a robust CAGR of 13.4%. This expansion is driven by hydroponics' ability to address global challenges such as increasing population and diminishing arable land by providing a soil-less, nutrient-rich growing environment. Hydroponic systems, including nutrient film and aeroponics, enhance resource efficiency and sustainability, making them ideal for urban and high-density areas. Advances in technology and automation are further boosting the market's potential, facilitating broader adoption and higher productivity.