Global Hydroponics Market Expected to Reach USD 33.1 Billion by 2033 – IMARC Group

December 17, 2024 | Agriculture

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Global Hydroponics Market Statistics, Outlook, and Regional Analysis 2025-2033

The global hydroponics market size was valued at USD 14.7 Billion in 2024, and it is expected to reach USD 33.1 Billion by 2033, exhibiting a growth rate (CAGR) of 9.3% from 2025 to 2033.

Hydroponics Market

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As per the data published on the website of the IMARC Group, the global grow light market size reached USD 4.8 Billion in 2024. Using energy-efficient light-emitting diode (LED) grow lights facilitates plant cultivation year-round by providing the best-suited light spectra for plant growth, while minimizing the electricity bill. With the improvements in sensors and artificial intelligence (AI), predictive analytics is made available for crop health detection, allowing early detection of nutrient deficiencies in crops and pests infestation. Automation and Internet of Things (IoT) applications integration allows precise monitoring, alongside maintaining critical parameters. These technologies also decrease dependence on manual labor that reduces cost along with improving productivity, making hydroponics accessible to small-scale and commercial farmers.

According to the data published on the IMARC Group’s website, the global regenerative agriculture market size reached USD 10.1 Billion in 2024. One of the most significant reasons that drive the hydroponics market is the increasing demand for sustainable agricultural practices as hydroculture offers solutions to global farming for efficient resource management. Compared to traditional soil-based agriculture, hydroponics consumes less water, mitigating water scarcity concerns in many regions. By recycling and measuring out the nutrients and water usage, hydroponics reduces waste and environmental impacts. This method decreases the dependency on arable land as it eliminates the need of soil in agriculture. Hydroponics excludes the use of synthetic pesticides and herbicides to produce cleaner and healthier crops. One of the important applications of hydroponics is in vertical farming where it assists in reducing carbon emissions and makes fresh produce easily available in cities.

Global Hydroponics Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounts for the largest market share due to advanced agricultural technologies, increasing demand for organic produce, and strong government support for sustainable farming practices.

North America Hydroponics Market Trends:

As per the data published on the website of the IMARC Group, the United States hydroponics market size reached USD 3.3 Billion in 2024. Because of the growing demand for fresh and locally grown produce, North America leads the hydroponics market. The rising adoption of cutting-edge technologies like automation and IoT by hydroponic farms, is strengthening the growth of the market. The region’s standing is further supported by government policies promoting water conservation and sustainable farming practices. Major contributor nations like Canada and the United States continue to define trend for the global hydroponics market due to its high urbanization and a shift to pesticides-free crops.

Asia-Pacific Hydroponics Market Trends:

The market for hydroponics is expanding quickly in the Asia Pacific region due to the shrinking availability of arable land. Major contributor nations including China, India, Japan, and South Korea are adopting hydroponics to meet the expanding demand for high-quality, fresh fruits and vegetables in urban centers.

Europe Hydroponics Market Trends:

The growing implementation of stringent environmental regulations and a strong focus on sustainable farming methods is positively influencing the market in Europe. The demand for resource efficient and eco-friendly farming solutions, which can assist the region in reducing its carbon footprint is driving the demand for hydroponics. Advanced greenhouse technologies and integrated hydroponics systems are popular in major contributor nations, like Germany and Spain.

Latin America Hydroponics Market Trends:

The increasing focus on improving agricultural productivity and sustainability in the region is impelling the market growth in Latin America. The increasing adoption of hydroponics systems in nations including Brazil, Mexico, and Chile is gaining traction to mitigate challenges like limited arable land and unpredictable climatic conditions, is strengthening the market growth.

Middle East and Africa Hydroponics Market Trends:

The market in the Middle East and Africa region is expanding gradually driven by the need to address water shortage and food security challenges. Countries that are concentrating to reduce dependence on imports and ensure local food production include South Africa, Saudi Arabia, and the UAE.

Top Companies Leading in the Hydroponics Industry

Some of the leading hydroponics market companies include AeroFarms, Argus Control Systems Limited (Controlled Environments Limited), BrightFarms, General Hydroponics Inc., GreenTech Agro LLC, GrowLife Inc., Hydrodynamics International, Hydrofarm LLC, Logiqs B.V., LumiGrow Inc., Thanet Earth Limited, Village Farms International Inc., among many others. In May 2024, Thanet Earth Limited launched a hydroponic lettuce production facility in Chichester, supplying year-round fresh lettuce to UK retailers.

Global Hydroponics Market Segmentation Coverage

On the basis of the type, the market has been bifurcated into aggregate hydroponic system (closed system, open system) and liquid hydroponic system, wherein aggregate hydroponic system represents the leading segment. Due to their versatility and affordability, coupled with ease of implementation, aggregate hydroponic systems dominate the market segment. They utilize inert-growing media like coco coir and perlite along with gravel that holds plant roots in place and can be used for multiples crops. Aggregate systems are adaptable to different scales of operation, from small setups to large farms, enhancing their popularity.
Based on the crop type, the market has been classified into tomato, lettuce and leafy vegetables, pepper, cucumber, microgreens, and others, amongst which tomato dominates the market. Tomatoes are at the forefront of the hydroponics market because of their increasing worldwide demand and their suitability in controlled environment agriculture. They thrive in hydroponic systems, assuring consistent quality and flavor coupled with high yield all around the year. They are extensively used in fresh produce and processed food markets contributes to their expanding demand across the globe.
On the basis of the equipment, the market has been divided into HVAC, LED grow light, irrigation systems, material handling, control systems, and others. Among these, HVAC accounts for the majority of the market share. The optimum maintenance of the environmental conditions is increasing the use of HVAC systems. Precise temperature and humidity, along with controlled airflow are essential in maximizing crop yield, making HAVC indispensable in hydroponic farming. These systems are crucial in vertical and indoor farms, creating ideal environment for crop cultivation. Advanced HVAC systems also support energy efficiency and sustainability, aligning with market trends.

Report Features	Details
Market Size in 2024	USD 14.7 Billion
Market Forecast in 2033	USD 33.1 Billion
Market Growth Rate 2025-2033	9.3%
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: Type Crop Type Equipment Region
Types Covered	Aggregate Hydroponic System: Closed System, Open System Liquid Hydroponic System
Crop Types Covered	Tomato, Lettuce and Leafy Vegetables, Pepper, Cucumber, Microgreens, Others
Equipments Covered	HVAC, LED Grow Light, Irrigation Systems, Material Handling, Control Systems, Others
Regions Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	AeroFarms, Argus Control Systems Limited (Controlled Environments Limited), BrightFarms, General Hydroponics Inc., GreenTech Agro LLC, GrowLife Inc., Hydrodynamics International, Hydrofarm LLC, Logiqs B.V., LumiGrow Inc., Thanet Earth Limited, Village Farms International Inc., etc.
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Hydroponics Market Expected to Reach USD 33.1 Billion by 2033 – IMARC Group

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