United States Hydroponics Market to be Dominated by Indoor Farming through 2028

Rising demand for exotic vegetables & fruits to drive the United States Hydroponics market in the forecast period, 2024-2028

According to TechSci Research report, “United States Hydroponics Market By Region, Competition, Forecast & Opportunities 2018-2028F,” the United States Hydroponics market is anticipated to grow at an impressive rate in the forecast period, 2024-2028. A significant factor fueling the growth of the United States Hydroponics market is increasing demand for organic food products. The use of hydroponics facilities is rising due to increasing demand for healthy and safe food result in the growth of the United States Hydroponics market in the upcoming years. For instance, in August 2019 the construction of Terra Tech Corp's brand-new plant in Santa Ana, California, has started. Over the anticipated timeframe, increased customer preferences for organic and safe food will contribute to the growth of United States Hydroponics market.

Furthermore, the market will develop as a result of use of advanced technologies with a focus on both indoor & outdoor farming with the use of artificial intelligence.

However, the high capital investment for big-scale farms can slow down market growth. Also, argument on confirming hydroponic produce as organic can further slowdown market growth.

 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the “United States Hydroponics Market."

United States Hydroponics Market is segmented based on type, equipment, input, farming method, crop area, crop type, region and competitive landscape.

Based on type, the market is categorized into aggregate systems and liquid systems. Aggregate systems are expected to hold the largest market share in the forecast period, 2024-2028. Aggregate systems are easy to install and use inert soil media, such as peat, coco coir, and sawdust to provide plant support.

Based on the equipment, the market is fragmented into HVAC, LED grow light, control systems, irrigation systems, material handling, and others. HVAC is expected to hold the largest market share in the forecast period, 2024-2028. HVAC requires proper ventilation systems and rising practices of controlled environment agriculture help in indoor farming practices.

Based on input, the market is divided into nutrient and growth media. The nutrient segment will experience the highest market share during the forecast period, 2024-2028. This can be attributed due to the increasing demand for nutrient diets by the plant for their growth and which are free from chemicals and healthy in nature.

Based on farming method, the market is divided into indoor, and outdoor. Indoor segment will experience the highest market share during the forecast period, 2024-2028. This can be attributed due to the higher yield and cultivation taking place in a controlled indoor environment.

Based on crop area, the market is divided into up 1000 square feet, 1000-5000 square feet, 5001-10000 square feet, 10000-50000 square feet, and above 50000 square feet. Up 1000 square feet Indoor segment will experience the highest market share during the forecast period, 2024-2028. As it is easy to install proper and adequate farming facility in the small area with low cost which result in increasing the production.

Based on crop type, the market is segmented into vegetables, fruits, flowers, and others. Fruits segment will experience the highest market share during the forecast period, 2024-2028. This can be attributed due to the internal conditions of the greenhouse farming unit which favor water-adaptable fruits such as watermelon, and cantaloupe.

 Major companies operating in the United States Hydroponics Market are:

·         AmHydro

·         Fork Farms

·         Cropking Incorporated

·         Hydrofarm LLC

·         GrowGeneration Corp.

·         VH Hydroponics

·         Moonflower Farms

·         ZipGrow LLC

·         Green Life Farms LLC

·         HomesteadHydroFarm

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“United States Hydroponic market is expected to grow at the highest rate during the forecast period as the availability of advanced technology used for agriculture purpose and adopted by the farmers  due to increasing demand for exotic vegetables & fruits, growing demand for healthy and organic food which are free from chemicals as well as installation of the system without soil and give high yield as compared to traditional agricultural methods,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“United States Hydroponics Market By Type (Aggregate Systems, Liquid Systems), By Equipment (HVAC, LED grow light, Control systems, Irrigation systems, Material handling, Others), By Input (Nutrient, Growth Media), By Farming Method (Indoor, Outdoor), By Crop Area (Up 1000 Square feet, 1000-5000 Square feet, 5001-10000 Square feet, 10000-50000 Square feet, Above 50000 Square feet), By Crop Type (Vegetables, Fruits, Flowers, Others), By Region, Competition, Forecast & Opportunities 2028F,” has evaluated the future growth potential of United States Hydroponics market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States Hydroponics Market.”

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