Hydroponics is a new way of growing plants without soil, using a water solution rich in nutrients to feed the roots. This method saves water compared to traditional farming and allows for better control of conditions like temperature, humidity, and light, which helps plants grow better and need fewer chemicals. Hydroponics can be used in various places, such as city rooftops or dry areas, and enables year-round crop production. It can help increase food production and fight issues related to food security.

Drivers: Despite its potential, hydroponic farming is not being widely adopted. The primary cause of this is farmers' ignorance about hydroponics and the exorbitant expenses involved. The market has been adversely affected by the usage of synthetic agricultural pesticides and fertilisers. These days, hydroponics concentrates on high-value crops like basil and lettuce, whereas slow-growing grains yield lower profits. Strawberries and many varieties of basil are profitable crops, while microgreens, lettuce, and tomatoes are popular crops. It is anticipated that the market's expansion will be constrained by the small range of crops and the technical inexperience of farmers.

Challenges: Hydroponic farming has great potential, but its adoption is slow. This is mainly due to farmers lacking knowledge about hydroponics and facing high costs. The use of synthetic fertilizers and crop chemicals has also negatively impacted the market. Currently, hydroponics focuses on high-value crops like lettuce and basil, while slow-growing grains earn less. Popular crops are tomatoes, lettuce, and microgreens, with strawberries and different types of basil being profitable. The limited variety of crops and farmers' limited technical expertise are expected to restrict market growth.

Market Trends: A key trend in the hydroponics sector is the growing use of vertical farming methods. Vertical farming makes the best use of space and allows for effective crop production in cities. This shift is driven by the rising need for fresh, locally grown food and the need to tackle food security issues in crowded areas.

The hydroponics industry also shows a greater awareness of sustainable farming practices. Both consumers and businesses now focus more on eco-friendly methods. Hydroponics uses less water, requires fewer pesticides, and is efficient in land use. This focus on sustainability boosts demand for hydroponically grown food, encouraging more adoption of hydroponic systems and innovations in sustainable farming.

AeroFarms, AmHydro, Argus Control Systems Limited, Emirates Hydroponics Farms, Freight Farms, Inc, BrightFarms, Heliospectra, Signify Holding, Nutrifresh India, and UrbanKisaan are just a few of the major market players that are thoroughly examined in this market study along with revenue analysis, market segments, and competitive landscape data.

By Type: Based on the Type, Global Hydroponics Market is segmented as; Aggregate Systems, Liquid Systems.

By Crop Type: Based on the Crop Type, Global Hydroponics Market is segmented as Tomatoes, Lettuce, Peppers, Cucumbers, Herbs, Others.

By Crop Area: Based on the Crop Area, Global Hydroponics Market is segmented as; Upto 1000 sq.ft, 1000-50000 sq.ft, Above 50000 sq.ft.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.