The global Hydroponic Nutrients Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Hydroponic is basically a system used across agriculture. These hydroponic nutrients are suited when the climatic conditions do not allow open-field cultivation. It is majorly used for leafy vegetables, micro greens, and others. The Hydroponic Nutrients market is expanding because of factors such as the rising demand for nutritious and healthy dietary and adoption of fresh vegetables and fruits
According to Statista in 2022, the global wellness and health food market accounted for around USD 841 billion. It is projected to rise and attain a volume of one trillion by 2026.Also, according to the World Bank in 2020, global average daily cost of healthy diet was around USD 3.54.In upper middle income countries the cost for healthy diet was around USD 3.76.Also, in coming years the spendings towards healthy diet is anticipated to rise in coming years Whereas rising awareness towards the conservation of natural resources and investment towards higher yield agricultural products create lucrative opportunities for the market. However, the threat of substitutes hampers market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Hydroponic Nutrients Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe dominated the market in terms of revenue, owing to the increasing demand for healthy diets and adoption for fresh leafy vegetables and fruits, growing consumer awareness towards a nutritious diet . Also, Europe is expected to grow significantly during the forecast period, owing to factors such as increasing initiatives and innovation by market players
Major market players included in this report are:
- 3G Green Garden Group LLC,
- Advanced Nutrients Ltd.,
- Better Organix OU,
- BrightFarms Inc.,
- Canna Continental,
- FoxFarm Soil and Fertilizer Co.,
- Growth Technology Ltd.,
- HGI Worldwide Inc.,
- HS Supplies LLC,
- Hydrodynamics International Inc.,
Recent Developments in the Market:
- In February 2021, a leading branded hydroponics company Hydro farm Holdings Group, Inc announced the expansion of its product portfolio of preferred brands. The company has an alliance with Advanced Nutrients it is global leader in hydroponics nutrients.
Global Hydroponic Nutrients Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Scale, Nutrient Type, Chemical Origin, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Scale:
By Nutrient Type:
- Nitrogen
- Phosphorous
- Potash
- Other Nutrients
By Chemical Origin:
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Hydroponic Nutrients Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Hydroponic Nutrients Market, by Scale, 2019-2029 (USD Billion)
- 1.2.3. Hydroponic Nutrients Market, by Nutrient Type, 2019-2029 (USD Billion)
- 1.2.4. Hydroponic Nutrients Market, by Chemical Origin, 2019-2029 (USD Billion)
- 1.2.5.
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Hydroponic Nutrients Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Hydroponic Nutrients Market Dynamics
- 3.1. Hydroponic Nutrients Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising demand for nutritious and healthy dietary
- 3.1.1.2. Adoption of fresh vegetables and fruits
- 3.1.2. Market Challenges
- 3.1.2.1. Threat of substitutes
- 3.1.3. Market Opportunities
- 3.1.3.1. Awareness towards conservation of natural resources
- 3.1.3.2. Investment towards higher yield agricultural products
Chapter 4. Global Hydroponic Nutrients Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Hydroponic Nutrients Market, by Scale
- 6.1. Market Snapshot
- 6.2. Global Hydroponic Nutrients Market by Scale, Performance - Potential Analysis
- 6.3. Global Hydroponic Nutrients Market Estimates & Forecasts by Scale 2019-2029 (USD Billion)
- 6.4. Hydroponic Nutrients Market, Sub-Segment Analysis
- 6.4.1. Home Based
- 6.4.2. Commercial
Chapter 7. Global Hydroponic Nutrients Market, by Nutrient Type
- 7.1. Market Snapshot
- 7.2. Global Hydroponic Nutrients Market by Nutrient Type, Performance - Potential Analysis
- 7.3. Global Hydroponic Nutrients Market Estimates & Forecasts by Nutrient Type 2019-2029 (USD Billion)
- 7.4. Hydroponic Nutrients Market, Sub Segment Analysis
- 7.4.1. Nitrogen
- 7.4.2. Phosphorous
- 7.4.3. Potash
- 7.4.4. Other Nutrients
Chapter 8. Global Hydroponic Nutrients Market, by Chemical Origin
- 8.1. Market Snapshot
- 8.2. Global Hydroponic Nutrients Market by Chemical Origin, Performance - Potential Analysis
- 8.3. Global Hydroponic Nutrients Market Estimates & Forecasts by Chemical Origin 2019-2029 (USD Billion)
- 8.4. Hydroponic Nutrients Market, Sub Segment Analysis
- 8.4.1. Synthetic
- 8.4.2. Organic
Chapter 9. Global Hydroponic Nutrients Market, Regional Analysis
- 9.1. Hydroponic Nutrients Market, Regional Market Snapshot
- 9.2. North America Hydroponic Nutrients Market
- 9.2.1. U.S. Hydroponic Nutrients Market
- 9.2.1.1. Scale breakdown estimates & forecasts, 2019-2029
- 9.2.1.2. Nutrient Type breakdown estimates & forecasts, 2019-2029
- 9.2.1.3. Chemical Origin breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Hydroponic Nutrients Market
- 9.3. Europe Hydroponic Nutrients Market Snapshot
- 9.3.1. U.K. Hydroponic Nutrients Market
- 9.3.2. Germany Hydroponic Nutrients Market
- 9.3.3. France Hydroponic Nutrients Market
- 9.3.4. Spain Hydroponic Nutrients Market
- 9.3.5. Italy Hydroponic Nutrients Market
- 9.3.6. Rest of Europe Hydroponic Nutrients Market
- 9.4. Asia-Pacific Hydroponic Nutrients Market Snapshot
- 9.4.1. China Hydroponic Nutrients Market
- 9.4.2. India Hydroponic Nutrients Market
- 9.4.3. Japan Hydroponic Nutrients Market
- 9.4.4. Australia Hydroponic Nutrients Market
- 9.4.5. South Korea Hydroponic Nutrients Market
- 9.4.6. Rest of Asia Pacific Hydroponic Nutrients Market
- 9.5. Latin America Hydroponic Nutrients Market Snapshot
- 9.5.1. Brazil Hydroponic Nutrients Market
- 9.5.2. Mexico Hydroponic Nutrients Market
- 9.6. Rest of The World Hydroponic Nutrients Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. 3G Green Garden Group LLC,
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Advanced Nutrients Ltd.,
- 10.2.3. Better Organix OU,
- 10.2.4. BrightFarms Inc.,
- 10.2.5. Canna Continental,
- 10.2.6. FoxFarm Soil and Fertilizer Co.,
- 10.2.7. Growth Technology Ltd.,
- 10.2.8. HGI Worldwide Inc.,
- 10.2.9. HS Supplies LLC,
- 10.2.10. Hydrodynamics International Inc.,
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption