Market Demand of Hydroponic

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Market Demand of Hydroponic
- According to Statistics MRC, the Global Hydroponics market is expected to grow from $226.45 million in 2016 to reach $724.87 million by 2023 with a CAGR of 18.1%.
- Hydroponics Market by Crops (Tomato, Lettuce, Cucumber, Pepper, & Others): A Global Insight Through 2015 to 2020 with Special focus on the U.S. & India Market” identifies a substantial growth opportunity in the global hydroponic market. The analyst of the report estimates a new market of over $8.5 billion over the next five year.
- North America will be the fastest-growing region for hydroponics, growing at a CAGR of 9.10% through the forecast years. The U.S. will lead the North American Hydroponics. India generates almost 40% of its crop value through lettuce and other green/leafy vegetables when grown hydroponically.
- HGL has done a Hydroponics Market survey under the detailed analysis of segments in the market based on Vegetable Type, Distribution Channel and Farming Type.
- Segmentation based on Vegetable Type
- Cucumber
- Lettuce
- Spinach
- Peppers
- Spinach
- Others
- Segmentation based on Farming Type
- Indoor Farming
- Outdoor Farming

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Our B2B Business Model for Home Hydroponic Segment
- Tie-up with Retail Stores Like: Lifestyle, (Bharti group), Home décor (Big Bazaar), Reliance Store
- Tie-up with Hi- class Builders and Societies
- Social Network
- 4-5 Star Hotels
- Embassies, Delhi
Our B2C Business Model for Commercial Hydroponic
- Organic Growers
- NGO working for Farmers
- Research institutions
- Hydroponic Crop Grower
- Agri-Business Companies
- Corporate Tie-ups
- Farmers