The Europe Hydroponics Market would witness market growth of 18.8% CAGR during the forecast period (2021-2027).
The increased popularity of controlled environment agriculture and technical advancements in hydroponics systems are the primary drivers driving the global hydroponics industry forward. When compared to conventional agricultural approaches, hydroponic farming produces a better output. Because of the advantages of hydroponic farming in ensuring food security, it is advocated by governments and non-governmental groups all over the world. As the world's population grows, so does the need for food. There has been a rise in governmental and private investment for hydroponic system technology improvement and development. All of these variables are important in propelling the global hydroponics industry forward.
This rapid expansion might be linked to the growing popularity of hydroponic systems for indoor food gardening. In addition, due to the legalization of marijuana in countries such as the Czech Republic, Canada, South Africa, and others, the use of alternative agricultural methods for cannabis growing is fast increasing. Consumer knowledge of the health impacts of pesticides and artificial ripening agents is projected to promote demand for hydroponics, because the approach removes the requirements for such goods, resulting in nutritionally better produce.
Europe has always been at the forefront of developing superior hydroponic smart greenhouse horticulture systems. The Europe Hydroponics Market is being driven by the growth of greenhouse farming. Hydroponics technology produces a larger output than traditional agriculture approaches because of the increased harvest cycles. Large amounts of greenhouse horticulture may be found in countries like the Netherlands, Spain, and France. Growers in the Netherlands, on the other hand, generally produce their plants in basic tunnel-like greenhouses with no climate control technology. Hydroponics has grown in popularity in Europe thanks to advances in greenhouse farming. Hydroponics adoption has been shown to be the greatest across all European countries, according to national government figures. As a result, the market in the region is well-developed.
The expanding use of hydroponic systems in indoor farming is opening up new commercial prospects in Europe. The method of growing plants without soil is known as hydroponics. It has a number of benefits, including higher yields, faster growth, and 90 percent less water consumption than traditional approaches.
The Germany market dominated the Europe Hydroponics Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $972.4 million by 2027. The UK market is anticipated to grow at a CAGR of 17.6% during (2021 - 2027). Additionally, The France market would showcase a CAGR of 19.7% during (2021 - 2027).
Based on Type, the market is segmented into Aggregate Systems and Liquid Systems. Based on Crops, the market is segmented into Tomatoes, Lettuce, Peppers, Cucumbers, Herbs, Fruits, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Netherlands, Italy, and Rest of Europe.
Free Valuable Insights: The Global Hydroponics Market Size will Hit $13.4 Billion by 2027, at a CAGR of 19.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Argus Control Systems Limited, The Scotts Miracle-Gro Company, American Hydroponics, LumiGrow, Inc., Emerald Harvest, Hydroponic Systems International, Hydrofarm Holdings Group, Inc., HydroGarden Ltd., Signify N.V., and Heliospectra AB.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Aggregate Systems and
- Liquid Systems
By Crops
- Tomatoes
- Lettuce
- Peppers
- Cucumbers
- Herbs
- Fruits
- Others
By Country
- Germany
- UK
- France
- Russia
- Netherlands
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Argus Control Systems Limited
- The Scotts Miracle-Gro Company
- American Hydroponics
- LumiGrow, Inc.
- Emerald Harvest
- Hydroponic Systems International
- Hydrofarm Holdings Group, Inc.
- HydroGarden Ltd.
- Signify N.V.
- Heliospectra AB
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Hydroponics Market, by Type
1.4.2 Europe Hydroponics Market, by Crops
1.4.3 Europe Hydroponics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Hydroponics Market by Type
3.1 Europe Aggregate Systems Market by Country
3.2 Europe Liquid Systems Market by Country
Chapter 4. Europe Hydroponics Market by Crops Type
4.1 Europe Tomatoes Market by Country
4.2 Europe Lettuce Market by Country
4.3 Europe Peppers Market by Country
4.4 Europe Cucumbers Market by Country
4.5 Europe Herbs Market by Country
4.6 Europe Fruits Market by Country
4.7 Europe Others Market by Country
Chapter 5. Europe Hydroponics Market by Country
5.1 Germany Hydroponics Market
5.1.1 Germany Hydroponics Market by Type
5.1.2 Germany Hydroponics Market by Crops Type
5.2 UK Hydroponics Market
5.2.1 UK Hydroponics Market by Type
5.2.2 UK Hydroponics Market by Crops Type
5.3 France Hydroponics Market
5.3.1 France Hydroponics Market by Type
5.3.2 France Hydroponics Market by Crops Type
5.4 Russia Hydroponics Market
5.4.1 Russia Hydroponics Market by Type
5.4.2 Russia Hydroponics Market by Crops Type
5.5 Netherlands Hydroponics Market
5.5.1 Netherlands Hydroponics Market by Type
5.5.2 Netherlands Hydroponics Market by Crops Type
5.6 Italy Hydroponics Market
5.6.1 Italy Hydroponics Market by Type
5.6.2 Italy Hydroponics Market by Crops Type
5.7 Rest of Europe Hydroponics Market
5.7.1 Rest of Europe Hydroponics Market by Type
5.7.2 Rest of Europe Hydroponics Market by Crops Type
Chapter 6. Company Profiles
6.1 Argus Control Systems Limited (Controlled Environments Limited)
6.1.1 Company Overview
6.1.2 Recent strategies and developments:
6.1.2.1 Partnerships, Collaborations, and Agreements:
6.2 The Scotts Miracle-Gro Company
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 Recent strategies and developments:
6.2.5.1 Acquisition and Mergers:
6.3 American Hydroponics
6.3.1 Company Overview
6.4 LumiGrow, Inc.
6.4.1 Company Overview
6.5 Emerald Harvest
6.5.1 Company Overview
6.6 Hydroponic Systems International
6.6.1 Company Overview
6.7 Hydrofarm Holdings Group, Inc.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.7.4 Recent strategies and developments:
6.7.4.1 Partnerships, Collaborations, and Agreements:
6.7.4.2 Acquisition and Mergers:
6.8 HydroGarden Ltd.
6.8.1 Company Overview
6.9 Signify N.V.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expense
6.10. Heliospectra AB
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Recent strategies and developments:
6.10.3.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Europe Hydroponics Market, 2017 - 2020, USD Million
TABLE 2 Europe Hydroponics Market, 2021 - 2027, USD Million
TABLE 3 Europe Hydroponics Market by Type, 2017 - 2020, USD Million
TABLE 4 Europe Hydroponics Market by Type, 2021 - 2027, USD Million
TABLE 5 Europe Aggregate Systems Market by Country, 2017 - 2020, USD Million
TABLE 6 Europe Aggregate Systems Market by Country, 2021 - 2027, USD Million
TABLE 7 Europe Liquid Systems Market by Country, 2017 - 2020, USD Million
TABLE 8 Europe Liquid Systems Market by Country, 2021 - 2027, USD Million
TABLE 9 Europe Hydroponics Market by Crops Type, 2017 - 2020, USD Million
TABLE 10 Europe Hydroponics Market by Crops Type, 2021 - 2027, USD Million
TABLE 11 Europe Tomatoes Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe Tomatoes Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe Lettuce Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe Lettuce Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe Peppers Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe Peppers Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe Cucumbers Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe Cucumbers Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Herbs Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Herbs Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe Fruits Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe Fruits Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe Others Market by Country, 2017 - 2020, USD Million
TABLE 24 Europe Others Market by Country, 2021 - 2027, USD Million
TABLE 25 Europe Hydroponics Market by Country, 2017 - 2020, USD Million
TABLE 26 Europe Hydroponics Market by Country, 2021 - 2027, USD Million
TABLE 27 Germany Hydroponics Market, 2017 - 2020, USD Million
TABLE 28 Germany Hydroponics Market, 2021 - 2027, USD Million
TABLE 29 Germany Hydroponics Market by Type, 2017 - 2020, USD Million
TABLE 30 Germany Hydroponics Market by Type, 2021 - 2027, USD Million
TABLE 31 Germany Hydroponics Market by Crops Type, 2017 - 2020, USD Million
TABLE 32 Germany Hydroponics Market by Crops Type, 2021 - 2027, USD Million
TABLE 33 UK Hydroponics Market, 2017 - 2020, USD Million
TABLE 34 UK Hydroponics Market, 2021 - 2027, USD Million
TABLE 35 UK Hydroponics Market by Type, 2017 - 2020, USD Million
TABLE 36 UK Hydroponics Market by Type, 2021 - 2027, USD Million
TABLE 37 UK Hydroponics Market by Crops Type, 2017 - 2020, USD Million
TABLE 38 UK Hydroponics Market by Crops Type, 2021 - 2027, USD Million
TABLE 39 France Hydroponics Market, 2017 - 2020, USD Million
TABLE 40 France Hydroponics Market, 2021 - 2027, USD Million
TABLE 41 France Hydroponics Market by Type, 2017 - 2020, USD Million
TABLE 42 France Hydroponics Market by Type, 2021 - 2027, USD Million
TABLE 43 France Hydroponics Market by Crops Type, 2017 - 2020, USD Million
TABLE 44 France Hydroponics Market by Crops Type, 2021 - 2027, USD Million
TABLE 45 Russia Hydroponics Market, 2017 - 2020, USD Million
TABLE 46 Russia Hydroponics Market, 2021 - 2027, USD Million
TABLE 47 Russia Hydroponics Market by Type, 2017 - 2020, USD Million
TABLE 48 Russia Hydroponics Market by Type, 2021 - 2027, USD Million
TABLE 49 Russia Hydroponics Market by Crops Type, 2017 - 2020, USD Million
TABLE 50 Russia Hydroponics Market by Crops Type, 2021 - 2027, USD Million
TABLE 51 Netherlands Hydroponics Market, 2017 - 2020, USD Million
TABLE 52 Netherlands Hydroponics Market, 2021 - 2027, USD Million
TABLE 53 Netherlands Hydroponics Market by Type, 2017 - 2020, USD Million
TABLE 54 Netherlands Hydroponics Market by Type, 2021 - 2027, USD Million
TABLE 55 Netherlands Hydroponics Market by Crops Type, 2017 - 2020, USD Million
TABLE 56 Netherlands Hydroponics Market by Crops Type, 2021 - 2027, USD Million
TABLE 57 Italy Hydroponics Market, 2017 - 2020, USD Million
TABLE 58 Italy Hydroponics Market, 2021 - 2027, USD Million
TABLE 59 Italy Hydroponics Market by Type, 2017 - 2020, USD Million
TABLE 60 Italy Hydroponics Market by Type, 2021 - 2027, USD Million
TABLE 61 Italy Hydroponics Market by Crops Type, 2017 - 2020, USD Million
TABLE 62 Italy Hydroponics Market by Crops Type, 2021 - 2027, USD Million
TABLE 63 Rest of Europe Hydroponics Market, 2017 - 2020, USD Million
TABLE 64 Rest of Europe Hydroponics Market, 2021 - 2027, USD Million
TABLE 65 Rest of Europe Hydroponics Market by Type, 2017 - 2020, USD Million
TABLE 66 Rest of Europe Hydroponics Market by Type, 2021 - 2027, USD Million
TABLE 67 Rest of Europe Hydroponics Market by Crops Type, 2017 - 2020, USD Million
TABLE 68 Rest of Europe Hydroponics Market by Crops Type, 2021 - 2027, USD Million
TABLE 69 Key Information – Argus Control Systems Limited
TABLE 70 Key Information – The Scotts Miracle-Gro Company
TABLE 71 Key Information – American Hydroponics
TABLE 72 Key Information – LumiGrow, Inc.
TABLE 73 Key Information – Emerald Harvest
TABLE 74 Key Information – Hydroponic Systems International
TABLE 75 Key Information – Hydrofarm Holdings Group, Inc.
TABLE 76 Key Information – HydroGarden Ltd.
TABLE 77 Key Information – Signify N.V.
TABLE 78 key information – Heliospectra AB
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Hydrofarm Holdings Group, Inc.