Hydroponics Nutrients Market - Forecast(2024 - 2030)

Report Code: AGR 0083 Report Format: PDF + Excel

Hydroponic Nutrients Market Overview:

Hydroponic Nutrients Market is anticipated to attain a market value of USD$7.7 billion by the year 2030, exhibiting a steady compound annual growth rate CAGR of 8.7% during the forecast period spanning from 2023 to 2030.


hydroponic nutrients market had experienced significant growth and garnered considerable attention within the agricultural sector. Hydroponics, a method of cultivating plants without soil, had gained popularity due to its ability to optimize plant growth by delivering essential nutrients directly to the plant's root system through nutrient-rich water solutions. 

The market's expansion was driven by several key factors. First, the increasing global demand for fresh produce presented a significant opportunity for hydroponic cultivation. With the world's population on the rise and urbanization limiting available farmland, hydroponics offered a viable solution to produce fresh, local crops year-round in controlled environments. According to Food and Agriculture Organization (FAO), there is a decline in land resources for agriculture. Policymakers are facing the challenge of maintaining sustainability and feeding the rapidly growing world population, which is projected to reach around 9.7 billion by 2050.

Furthermore, environmental concerns and a growing focus on sustainable agriculture played a pivotal role in boosting the hydroponic nutrients market. This farming method generally requires less water usage and reduced dependency on pesticides, making it an eco-friendly alternative to conventional soil-based farming. Consumers and businesses alike showed a strong interest in supporting environmentally conscious practices, further propelling the market's growth. 

Market Snapshot: 

Hydroponic Nutrients Market - Report Coverage:

The “Hydroponic Nutrients Market Report - Forecast (2023-2030)” by Industry ARC, covers an in-depth analysis of the following segments in the smart toys market.
AttributeSegment

By Type

  • Synthetic

  • Organic

 

By Nutrient Type

  • Nitrogen

  • Phosphorus

  • Potash

  • Micronutrients

 

 By Crop Type                      

  • Tomato

  • Cucumber

  • Leafy Greens

  • Pepper

  • Strawberries

  • Others



By Region

  • North America  (U.S., Canada, Mexico)

  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)

  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)

  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)


Hydroponic Nutrients Market - Top Trends:

Increased Adoption of Organic Hydroponic Nutrients: Consumers' growing interest in organic and sustainable food options also extended to hydroponically grown produce. Consequently, there was a rising demand for organic hydroponic nutrients. Manufacturers and suppliers in the market responded by developing and offering organic nutrient solutions that met the stringent standards of organic agriculture.

Customized Nutrient Formulations: Different plant species have varying nutrient requirements at different growth stages. To optimize crop yields and overall plant health, hydroponic growers sought customized nutrient formulations tailored to their specific crops and growth phases. This trend led to the development of specialized nutrient blends and even automated nutrient dosing systems that could be adjusted based on plant needs.

Integration of Smart Technology: As with many industries, the hydroponic nutrients market saw an integration of smart technology. This included the use of sensors, data analytics, and automation to monitor and control nutrient levels, pH balance, and other crucial parameters in hydroponic systems. Smart technology allowed growers to achieve precision farming, ensuring optimal conditions for plant growth while reducing waste and resource usage.

Sustainable and Environmentally Friendly Solutions: Environmental sustainability remained a key focus in the hydroponic nutrients market. Consumers and growers alike were seeking products and practices that had a minimal ecological impact. Companies responded by developing nutrient solutions that were sourced responsibly and produced using eco-friendly manufacturing processes.

Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the Hydroponic Nutrients Market Report. The top 10 companies in this industry are listed below:
  1. Advanced Nutrients US LLC
  2. The Hawthorne Gardening Company 
  3. GrowGeneration Corp
  4. General Hydroponics
  5. AMHYDRO
  6. Nutrifield
  7. Watercircle Hydroponics Pte Ltd
  8. Aurora Cannabis Inc.
  9. Emerald Harvest
  10. HydroGarden Ltd

Scope of Report: 

Report MetricDetails

Base Year Considered

2023

Forecast Period

2023 – 2030

CAGR

8.7%

Market Size in 2030

7.7 billion

Scale

Home-Based Commercial





Geographies Covered

  • North America  (U.S., Canada, Mexico)

  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)

  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)

  • LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)





Key Market Players

  1. Advanced Nutrients US LLC
  2. The Hawthorne Gardening Company 
  3. GrowGeneration Corp
  4. General Hydroponics
  5. AMHYDRO
  6. Nutrifield
  7. Watercircle Hydroponics Pte Ltd
  8. Aurora Cannabis Inc.
  9. Emerald Harvest
  10. HydroGarden Ltd

For more Agriculture Market reports, please click here
1. Hydroponic Nutrients Market - Overview
    1.1. Definitions and Scope
2. Hydroponic Nutrients Market - Executive Summary
3. Hydroponic Nutrients Market  - Comparative Analysis
    3.1. Company Benchmarking - Key Companies
    3.2. Global Financial Analysis - Key Companies
    3.3. Maret Share Analysis - Key Companies
    3.4. Patent Analysis
    3.5. Pricing Analysis
4. Hydroponic Nutrients Market  - Start-up Companies Scenario
    4.1. Key Start-up Company Analysis by
        4.1.1. Investment
        4.1.2. Revenue
        4.1.3. Venture Capital and Funding Scenario
5. Hydroponic Nutrients Market  – Market Entry Scenario Premium 
    5.1. Regulatory Framework Overview
    5.2. New Business and Ease of Doing Business Index
    5.3. Case Studies of Successful Ventures
6. Hydroponic Nutrients Market  - Forces
    6.1. Market Drivers
    6.2. Market Constraints
    6.3. Market Challenges
    6.4. Porter's Five Force Model
        6.4.1. Bargaining Power of Suppliers
        6.4.2. Bargaining Powers of Customers
        6.4.3. Threat of New Entrants
        6.4.4. Rivalry Among Existing Players
        6.4.5. Threat of Substitutes
7. Hydroponic Nutrients Market  – Strategic Analysis
    7.1. Value Chain Analysis
    7.2. Opportunities Analysis
    7.3. Market Life Cycle
8. Hydroponic Nutrients Market   – by Type 
    8.1. Synthetic
        8.1.1 Market Trends by Region
        8.1.2 Market Size & Forecast by Region
    8.2. Organic
        8.2.1 Market Trends by Region
        8.2.2 Market Size & Forecast by Region
9. Hydroponic Nutrients Market  – By Nutrient Type
    9.1. Nitrogen
        9.1.1 Market Trends by Region
        9.1.2 Market Size & Forecast by Region
    9.2 Phosphorus
        9.2.1 Market Trends by Region
        9.2.2 Market Size & Forecast by Region
    9.3. Potash
        9.3.1 Market Trends by Region
        9.3.2 Market Size & Forecast by Region
    9.4. Micronutrients
        9.4.1 Market Trends by Region
        9.4.2 Market Size & Forecast by Region
10. Hydroponic Nutrients Market – By Crop Type (Market Size – $Million/$Billion) 
    10.1. Tomato
        10.1.1 Market Trends by Region
        10.1.2 Market Size & Forecast by Region
    10.2. Cucumber
        10.2.1 Market Trends by Region
        10.2.2 Market Size & Forecast by Region
    10.3. Leafy Greens
        10.3.1 Market Trends by Region
        10.3.2 Market Size & Forecast by Region
    10.4. Pepper
        10.4.1 Market Trends by Region
        10.4.2 Market Size & Forecast by Region
    10.5. Strawberries
        10.5.1 Market Trends by Region
        10.5.2 Market Size & Forecast by Region
    10.6. Others Nutrients
        10.6.1 Market Trends by Region
        10.6.2 Market Size & Forecast by Region
11. Hydroponic Nutrients Market  – by Geography (Market Size – $Million/$Billion) 
    11.1. North America
        11.1.1 The U.S.
        11.1.2 Canada
    11.2. Europe
        11.2.1 UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Russia
        11.2.7 Rest of Europe
    11.3. Asia-Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Chile
        11.4.4 Colombia
        11.4.5 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
        11.5.2 Africa
12. Hydroponic Nutrients Market  – Entropy
    12.1. New product launches
    12.2. M&A’s, collaborations, JVs and partnerships
13. Hydroponic Nutrients Market  – Industry/Segment Competition Landscape
    13.1. Market Share Analysis
        13.1.1 Market Share by Product Type – Key Companies
        13.1.2 Market Share by Region – Key Companies
        13.1.3 Market Share by Country – Key Companies
    13.2. Competition Matrix
    13.3. Best Practices for Companies
14. Hydroponic Nutrients Market  – Key Company List by Country Premium
15. Hydroponic Nutrients Market  - Company Analysis
    15.1. Advanced Nutrients US LLC 
    15.2. The Hawthorne Gardening Company 
    15.3. GrowGeneration Corp
    15.4. General Hydroponics
    15.5. AMHYDRO
    15.6. Nutrifield
    15.7. Watercircle Hydroponics Pte Ltd
    15.8. Aurora Cannabis Inc.
    15.9. Emerald Harvest
    15.10. HydroGarden Ltd

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Hydroponic Nutrients Market is projected to grow at 8.7% CAGR during the forecast period 2023-2030.

Hydroponic Nutrients Market size is projected to reach USD$7.7 billion by 2030

Top Companies in the Hydroponic Nutrients Market are Advanced Nutrients US LLC, The Hawthorne Gardening Company, Grow Generation Corp, General Hydroponics and others.