General Hydroponics – The Next Generation Farming Approach

Posted by Ali Tariq on March 25th, 2021

General hydroponics is a process in which the plants are grown using the mineral nutrients solutions in liquid, gravel, or sand without using soil. The market of hydroponics is expanding exponentially because of two main reasons. The first one is the difficulty of growing crops on soil, and the second is the increased success rate of the commercial hydroponics industry. You can grow many off-season vegetables and fruits at any time of the year using the controlled conditions of hydroponics.

There are many countries producing these off-season vegetables and fruits with the help of this method which includes Australia, Spain, the United States, New Zealand, Holland, Canada, China, Mexico, and Italy. The major crops being grown using hydroponics are Tomatoes, cucumbers, Peppers, Lettuce, Herbs, strawberries, Cut Flowers, Leafy Vegetables, etc. Hydroponics is widely used by people in previously described regions because of the integrated pest management approaches.

Market Dynamics of Hydroponics:

General hydroponics is considered as one of the fastest-growing soil-less techniques, which is being practised at the global level. In the method, the nutrients solutions used are of superior quality that helps the growth of the plant in a sustainable way. One of the major pushers of the hydroponic industry is the higher yield production as compared to the traditional techniques of agriculture. The global need for food is increasing, which is the main reason for the increase in profit farming, salad crops, growing consumption of exotics to drive the global market of food.

But there are some factors that become the hurdle in the way of the growth of this industry, and the biggest one is the lack of awareness regarding the soil-less agriculture system. The global increase in the cultivation of medicinal plants and a customized approach to farming can provide a good future and opportunity for this industry.

Hydroponics Can Revolutionize The Way Of Cultivation:

Market Intelligence Firm released a report that the CAGR of the Global hydroponics market has been estimated at 6.5% in the time span of 2017 to 2022. The growth of the hydroponics market totally depends on the increase in the focus on adopting efficient and innovative technologies that can improve the yield. Around the world, tomatoes are the major product that has been growing with this technique. According to the different reports, the number of imports of hydroponics tomatoes from different countries such as Mexico, Canada, and the Netherlands has increased drastically. And now, these imports are playing an important role and significant total share in the total imports of the countries. Now the yields of Pepper, Cucurbits, and other vegetables are being cultivated using this technique.

According to the reports of experts, Europe is the largest hydroponics market and implementing this method of cultivation in the hydroponic smart greenhouse horticulture. The hydroponics market in Europe is led by countries such as France, Spain, and the Netherlands. Asia-Pacific is known as the second biggest market in hydroponics, but it is growing at a steady pace. The region of North America is led by Canada and the United States, which is expected to improve its growth pace during the times of 2017 to 2022.

Competition Analysis:

The global market of hydroponics is concentrated on the major advanced technical regions of the world. Some major players of the hydroponics industry are Argus Control Systems, Greentech Argo LLC, Koninklijke Philips NV, Logiqs BV, and general Hydroponics Inc. The main contributors among them are Lumigrow Inc. and Greentech Argo LLC that are actively working in the industry.

R&D are majorly covering the regions and area-specific requirements and consistently adapting themselves to the industry. Most of the major players of the hydroponics industry are adopting some significant features of the market that are acquisitions and mergers. These are the key activities of the general hydroponics industry. Scott Miracle-Gro, who is the Lawn and Garden giants of this industry, has spent 136 million USD for Gavita, which is a Dutch Hardware and grow lighting company. These major companies are working really hard and adapting according to the changing trends of the hydroponics industry. As a result, they are known as the giants of the hydroponics market.

Like it? Share it!


Ali Tariq

About the Author

Ali Tariq
Joined: April 19th, 2018
Articles Posted: 903

More by this author