The Hydroponic Growing Equipment Stores industry has grown significantly over the past five years due to increasing medical marijuana use and a health-conscious shift toward organic foods. An increased focus on healthy eating habits will spur demand as more consumers seek out organic pesticide-free produce and opt to grow their own or purchase locally produced organic foods grown using hydroponic growing equipment. In addition, the medical marijuana industry shows no signs of slowing down. Medical marijuana is expected to be approved in an increasing number of US states, which will lead more medical patients and entrepreneurs to buy hydroponic growing equipment to meet the demands of this growing market.
The Hydroponic Growing Equipment Stores industry is primarily engaged in selling hydroponic growing equipment. Hydroponics is a method of growing plants using mineral nutrient solutions in water, without soil.
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.