The global hydroponics market is projected to grow from USD 10 billion in 2022 to approximately USD 31 billion by 2031, reflecting a robust CAGR of 14.5%. This surge is driven by food security concerns, sustainability demands, and breakthroughs in controlled-environment agriculture (CEA).
Market Overview
2022 Global Market Size: USD 10 billion
2031 Forecast: ~USD 31 billion...
The Global Hydroponics Market was valued at USD 16.54 billion in 2024 and is projected to reach USD 47.92 billion by 2032, growing at a CAGR of 14.22% during the forecast period 2025–2032. North America led the global market, driven by rapid advancements in hydroponic technologies, strong infrastructure, and rising demand for sustainable, high-quality produce. The region's established...
According to DataM Intelligence Report “The Global Hydroponic Nutrients Market was valued at USD YY million in 2022. It is forecasted to reach USD YY million by 2031, growing at a CAGR of 8.9% during the forecast period (2024–2031).”This growth is driven by the increasing global shift toward soilless agriculture, improved crop productivity needs, and expanding urban farming...
What is the projected growth rate (CAGR) of the Hydroponics Market from 2025 to 2032, and what is the market value expected to change by 2032?
The Global Hydroponics Market reached USD 16.54 billion in 2024 and is projected to witness lucrative growth by reaching up to USD 47.92 billion by 2032. The market is growing at a CAGR of 14.22% during the forecast period 2025-2032.
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