Hydroponics market to grow at 7.4% CAGR, reaching over USD 4.53 billion by 2030

From GlobeNewswire: 2024-07-03 10:36:00

The Hydroponics Market is set to grow at a 7.4% CAGR from 2020 to 2029, reaching over USD 4.53 billion by 2030. The market has seen swift growth recently, with projections indicating continued expansion from 2024 to 2030. Major players in the market include AeroFarms and Bright Farms. Recent developments include AeroFarms expanding to Whole Foods Market locations nationwide. Europe dominates the market, with countries like the Netherlands leading in hydroponic farming innovation. Other reports from Exactitude Consultancy cover topics like plant-based meat and high pressure processing equipment markets, offering valuable insights for business decisions.



Read more at GlobeNewswire: Hydroponics Market is expected to reach above USD 4.53