Europe Hydroponics Market Research Report – Segmented By Equipment; Type; Crop Type; Input Type; And Region - Industry Analysis, Share, Size, Growth, Trends, And Forecast (2022 to 2027)
Europe Hydroponics Market Size (2022 - 2027)
The Europe Hydroponics Market is expected to grow at a CAGR of 16% and reach USD 200.21 million in 2026 from USD 182.1 million in 2021. Europe Hydroponics Market is the largest regional market because of its advanced agricultural techniques.
Hydroponics is a part of hydroculture, the technique for developing plants without soil, utilizing mineral nutrient solutions in a water solvent. Plant roots are submerged in solvents for nutrients and normally, the solvent would be perlite or gravel. The supplements in hydroponics can be from fish waste, duck compost, or ordinary supplements.
Drivers and Restraints
There are many factors driving the market. One of the important drivers is that hydroponics gives a higher yield compared with conventional agricultural techniques. It additionally gives farmers the capacity to develop crops in regions that can't support crops in soil. Moreover, hydroponics removes the use of counterfeit maturing operators and pesticides, which helps in making nutritiously superior vegetable items. Lack of awareness about the hydroponic agriculture system and high investment are some of the factors restraining the market growth to an extent.
EUROPE HYDROPONICS MARKET REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2021 – 2027 |
|
Base Year |
2021 |
|
Forecast Period |
2022 - 2027 |
|
CAGR |
16% |
|
Segments Covered |
By Equipment, By Type, By Crop Type, By Input Type, By Aggregate Hydroponics Systems, By Liquid Hydroponic Systems, By Closed Systems |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Covered |
UK, France, Italy, Netherlands, Germany, Spain |
|
Market Leaders Profiled |
BASF SE, Biostadt India Limited, Valagro SpA, Novozymes A/S, Biolchim SpA, Isagro SpA, and Koppert B.V. |
Market Segmentation
Europe Hydroponics Market – By Equipment:
-
HVAC
-
LED Grow Light
-
Communication Technology
-
Irrigation Systems
-
Material Handling
- Control Systems
Europe Hydroponics Market – By Type:
- Aggregate & Liquid
Europe Hydroponics Market – By Crop Type:
- Tomato
- Lettuce & Leafy Vegetables
- Cucumber
- Pepper & Strawberry
Europe Hydroponics Market – By Input Type:
- Nutrients
- Growth Medium
Europe Hydroponics Market – By Aggregate Hydroponics Systems:
- Closed Systems
- Open Systems
EuropeHydroponics Market – By Liquid Hydroponic Systems:
- Nutrient Film Technique (NFT)
- Floating Hydroponics And Aeroponics
Europe Hydroponics Market – By Closed Systems:
- The Water Culture System
- The EBB and Flow System
- Drip Systems
- The Wick System
HVAC has the largest market share, followed by LED grow lights, in 2014. HVAC is dominating the market as heating, ventilation, and air-conditioning are the major elements required to create a controlled environment for hydroponic cultivation.
Geographical Analysis:
- UK
- France
- Italy
- Netherlands
- Germany
- Spain
Europe has always been at the front line of executing advanced procedures in hydroponic smart greenhouse cultivation. Nations, for example, The Netherlands, Spain, and France have extensive zones under Greenhouse development. However, in The Netherlands, producers generally grow their plants in simple tunnel-like greenhouses without the use of atmosphere control advances. Hydroponics has prospered in Scandinavian nations where traditional farming procedures are nearly impossible amid the winter season.
Key Players:
Major Players dominating the market are Argus Control Systems, Koninklijke Philips NV, Greentech Agro LLC, Logiqs B.V., Lumigrow, Inc. and General Hydroponics, Inc.
