Market Research Future (Food and Beverages) Hydroponics Market Research Report - Forecast | Page 4

Hydroponics Market Research Report - Forecast to 2022
3 Sample Pages

The soil-less farming technique (hydroponics) is poised to grow over USD 27.29 Billion by 2022 at an
estimated CAGR of 6.39% from 2015 to 2022

Hydroponic crop value in Europe will be lower than the global average at a steady 5.28% CAGR, growing
from USD 9.8 Billion in 2014 to USD 13.38 Billion in 2022

Developing countries of Middle East and Africa will continue contributing smaller shares to the global
hydroponic crop value through the forecast period

Tomatoes are the largest contributor to the global hydroponic crop value and will continue with this
dominance during the forecast period
Regional Analysis:
Europe is an established market for hydroponics, whereas North America, primarily the U.S. and APAC, primarily
India hold immense potential to grow significantly during the forecast years. The European region lead the global
hydroponics market in 2014 with an estimated crop value of USD 9.8 billion and will continue with this dominance
growing over USD 13.38 Billion by 2020 at an estimated CAGR of 5.28% through 2015 to 2020. The Americas will
be growing at the highest CAGR of 9.1% from 2015 to 2020. Developing countries of Middle East and Africa will
continue contributing smaller shares to the global hydroponic crop value through the forecast period.
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