Hydroponic Crop Farming - IBISWorld Industry Market Research

Hydroponic Crop Farming

Hydroponic Crop Farming - IBISWorld Industry Market Research
Hydroponic Crop Farming
Published Jan 22, 2015
35 pages — Published Jan 22, 2015
Price US$ 910.00  |  Buy this Report Now

About This Report


During the five years to 2015, revenue for the Hydroponic Crop Farming industry has maintained positive growth. Over the five-year period, a growing number of individuals shifted to healthy eating and consuming organic produce, resulting in high demand. In addition, extreme weather conditions damaged many crops for fresh field farmers, so grocery stores and farmers markets quickly turned to hydroponic farmers to meet their demand. As revenue and downstream demand continue to expand in the next five years, the number of enterprises is projected to grow. Over the five years to 2020, the total number of industry firms is expected to increase. Many of these new firms will focus exclusively on growing organic fruits and vegetables to help meet the demand at fresh markets. Meanwhile, other operators will start farms to provide goods solely on a local basis.

Hydroponics is a method of growing plants using mineral nutrient solutions in water, without soil. Operators in this industry generally grow food crops under glass or protective cover.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

IBISWorld Industry Market Research. "Hydroponic Crop Farming" Jan 22, 2015. Alacra Store. Oct 24, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Hydroponic-Crop-Farming-2042-2952>
IBISWorld Industry Market Research. (2015). Hydroponic Crop Farming Jan 22, 2015. New York, NY: Alacra Store. Retrieved Oct 24, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Hydroponic-Crop-Farming-2042-2952>
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