Zion Market Research Global Hydroponics Market, 2016–2024 | Page 2
Hydroponics Market
Zion Market Research, the market research group announced the analysis report titled
‘Hydroponics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts
2016–2024'
Global Hydroponics Market by Overview: Technology is used to grow crop production
without soil and nutrient-rich solutions. Plants are grown in the mineral nutrient solution and
soil-less conditions known as hydroponics. Traditionally, crops were grown in a particular
climate condition but in hydroponics, they are grown in the controlled environment system.
Hydroponics uses two methods to grow crops as solid medium culture and solution culture.
However, solution culture is gaining popularity across the world.
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Global Hydroponics Market by Growth Factors: The hydroponic industry is experiencing
a higher growth as compared to traditional agricultural techniques; this is a major factor of
the global hydroponics market. Salad crops are gaining popularity and increasing need for
food security may drive the global market growth. Changing preferences of people for
hydroponics as profit farming is primary factor impelling the growth of the global market.
Moreover, growing focus on the cultivation of medicinal plants and customized farming
approach is anticipated to offer new growth opportunity for the industry. Companies are
focusing on enhancing the crop production by acceptance of hydroponics method.