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