Hydroponics Market

Hydroponics Market Outlook (2023 to 2033)

The global hydroponics market forecast is estimated to rise at a CAGR of 13.7% over the forecast period. 2023 the hydroponics industry share is expected to be valued at USD 12,644 million. The market is expected to surpass USD 45,623 million by 2033.

Demand Analysis in the Hydroponics Market

• The demand for hydroponics is fueled by the growing trend of urban agriculture, enabling efficient cultivation in limited urban spaces.
• Hydroponics facilitates year-round crop production, responding to consumer demands for consistent and diverse produce availability.
• In regions facing water scarcity, the demand for hydroponics is driven by its water-efficient farming methods compared to traditional soil-based agriculture.
• Integrating of technology, such as IoT sensors and automation, appeals to farmers seeking precision and control, driving demand for hydroponic systems.
• Active hydroponic systems hold a notable market share, indicating a preference for technologically advanced setups among hydroponic farmers for optimal crop cultivation.
• The growing awareness of food quality and safety drives demand for hydroponically grown produce, perceived as healthier and free from soil-borne contaminants.
• Hydroponics allows vertical farming and other space-efficient cultivation methods, meeting the demand for agricultural solutions in densely populated areas.
• Drip irrigation hydroponics is gaining traction as an efficient water delivery system, contributing to the overall sustainability and resource efficiency of hydroponic farming.
• Consumers' increasing preference for sustainable and eco-friendly practices fuels the demand for hydroponics as it minimizes environmental impact compared to traditional farming.
• Hydroponic nutrient sales are on the rise, reflecting a growing awareness among farmers about the importance of balanced and specialized nutrient solutions in maximizing crop yields.

Attributes	Details
Hydroponics Market Value for 2023	USD 12,644 million
Hydroponics Market Value for 2033	USD 45,623 million
Hydroponics Market Forecast CAGR for 2023 to 2033	13.7%

Historical Performance and Future Growth of Hydroponics Market

The hydroponics market size has exhibited impressive resilience and sustained growth from 2018 to 2022. This positive trend underscores its exceptional ability to adjust to changing consumer preferences and advancements in technology.

Moving forward, we expect this favorable momentum to continue, with a forecasted CAGR of 13.7% up to the year 2033. This projected growth rate aligns with the market's maturity and its ongoing responsiveness to evolving consumer needs. As the hydroponics market progresses, this rate reflects its enduring stability and potential for substantial expansion.

Short-term Analysis of Hydroponics Market from 2018 to 2022

The robust growth in the hydroponics market from 2018 to 2022 is driven by the industry's ability to address emerging challenges in traditional agriculture. The market's impressive CAGR of 11.5% signifies a rapid adoption of hydroponic techniques, attracting farmers and investors alike.

The hydroponic vegetable market is witnessing a surge in demand, driven by health-conscious consumers, and is expected to contribute significantly to the overall market growth. This period witnessed heightened awareness among growers regarding resource-efficient farming, with hydroponics providing an effective solution. The market's expansion from USD 7,227.3 million to USD 11,466 million underscores the increasing recognition of hydroponics as a viable and lucrative agricultural method.

Mid-term Analysis of Hydroponics Market from 2023 to 2028

The mid-term analysis anticipates sustained growth in the hydroponics market, reflecting a continuation of favorable factors. The estimated value of USD 2,644 million in 2023 is indicative of a market that retains its upward trajectory. Statistics for the hydroponics industry reveal a promising trajectory, with increasing investments and technological advancements shaping its future.

The projected growth to USD 1,789.2 million by 2028 suggests an increased acceptance of hydroponics as a mainstream agricultural practice. During this period, factors such as advancements in technology, increased investment, and a growing focus on sustainable farming practices contribute to the market's positive outlook.

Long-term Analysis of Hydroponics Market from 2028 to 2033

The long-term projection of the hydroponics market forecast to reach USD 45,623 million by 2033 emphasizes the industry's transformative potential. This substantial growth is underpinned by a paradigm shift in global agriculture, with hydroponics emerging as a cornerstone of future farming.

Factors contributing to this sustained growth include heightened environmental concerns, the need for food security, and advancements in hydroponic technology. As the market evolves, it is poised to play a pivotal role in ensuring efficient and sustainable food production on a global scale.

Key Hydroponics Market Trends

• Rapid Adoption of Vertical Farming: Hydroponics is increasingly integrated into vertical farming systems, optimizing space and enhancing crop yields.
• Smart Hydroponic Systems: The industry witnesses a surge in smart hydroponic setups, incorporating IoT devices and sensors for precise monitoring and control.
• Focus on Sustainable Practices: Hydroponic systems are aligning with sustainable agriculture, emphasizing reduced water usage and minimal environmental impact.
• Nutrient Film Technique (NFT) Dominance: NFT systems gain prominence for their efficiency in delivering nutrients directly to plant roots, contributing to increased productivity.
• Integration of AI in Crop Management: Artificial intelligence is leveraged for advanced crop management, predicting plant needs, and optimizing hydroponic conditions.
• Emergence of Indoor Hydroponic Farms: The trend of establishing indoor hydroponic farms gains momentum, offering controlled environments for year-round crop production.
• Hydroponic Cannabis Cultivation: The cannabis industry embraces hydroponics for precise control over growing conditions, influencing cannabinoid profiles and overall quality.
• Hydroponics in Urban Agriculture: Urban farming projects increasingly adopt hydroponic techniques to address space constraints and meet the demands of city-dwellers.
• Hydroponic Kits for Home Gardening: Consumer interest drives the availability of compact hydroponic kits, enabling enthusiasts to practice hydroponic gardening at home.
• Blockchain for Traceability: Hydroponic farms explore blockchain technology to enhance traceability, providing consumers with transparent information about the produce's journey from cultivation to market.

Category-wise Insights

In this dedicated section, our FMI analysts conduct a thorough examination of the hydroponics sector. We intricately analyze pivotal segments, offering valuable insights into current consumer preferences and emerging market dynamics that will shape the industry's trajectory. In a landscape marked by significant growth and evolution, understanding the factors fueling demand for these segments is of paramount importance for industry participants and stakeholders alike.

Aggregate Systems Dominating the Hydroponics Market with a Share of 43.5% in 2023

Attributes	Details
Top Product Type	Aggregate System
Market Share in 2023	43.5%

With a commanding market share of 43.5% in 2023, Aggregate Systems emerge as the powerhouse in the market. This dominance can be attributed to their versatility and efficiency in managing nutrient solutions.

The adaptability of aggregate systems allows for better control over plant nutrition, driving their popularity among growers. This segment's unique selling proposition lies in its ability to provide a comprehensive solution, simplifying the hydroponic cultivation process and contributing significantly to its market share.

Rising Demand for Nutrient Management Makes the Nutrient Segment Maintain Dominance

Attributes	Details
Top Input Type	Nutrient
Market Share in 2023	56.5%

As of 2023, the nutrient segment claims a substantial market share of 56.5%, showcasing its pivotal role in hydroponics. This dominance stems from the critical function of nutrients in plant growth, and hydroponic systems relying on this input type gain favor among growers.

The nutrient segment's ascendancy is driven by its effectiveness in maximizing crop yields and optimizing plant health. The ease of nutrient management offered by this segment positions it as a key player in shaping the hydroponics market landscape during the forecast period.

Country-wise Insights

In this dedicated section, our team of FMI analysts delves into the intricate dynamics of the hydroponics market from a global standpoint. We embark on a meticulous examination of the market's multifaceted landscape, intricately dissecting the unique dynamics within individual countries. Through this comprehensive exploration, we unveil a spectrum of opportunities and evolving trends that are poised to shape the future trajectory of the global hydroponics industry.

Attributes	Details
Value Share of the United States Market in 2023	27.6%
Value Share of the Germany Market in 2023	5.2%
Value Share of Japan Market in 2023	3.9%
Value Share of Australia Market in 2023	2.9%
Value Share of China Market in 2023	5.4%

Hydroponics Market in the United States Leading the Way in Sustainable Farming

In 2023, the United States spearheads hydroponic innovation with a substantial 27.6% market share. The United States hydroponics sector is marked by a convergence of advanced technologies, innovative farming practices, and a robust ecosystem for research and development.

American farmers leverage cutting-edge hydroponic solutions, such as vertical farming and aquaponics, to maximize crop yields sustainably. The United States commitment to sustainable agriculture and continuous technological advancements cements its leadership role, making it a trendsetter and significant influencer in the global hydroponics landscape.

Precision Agriculture is the Germany's Strategic Hydroponic Approach in 2023

Germany, holding a 5.2% market share in 2023, distinguishes itself through precision in hydroponic farming. German growers prioritize meticulous cultivation practices and embrace state-of-the-art greenhouse technologies.

The country's hydroponics landscape is characterized by an emphasis on resource efficiency, sustainable practices, and a high degree of automation. This focus on precision aligns with Germany's reputation for engineering excellence, positioning the nation as a key player shaping the future of hydroponics in Europe.

Urban Farming Innovations Driving Japan's Hydroponic Market Dynamics in 2023

Japan, with a 3.9% market share in 2023, navigates challenges related to limited arable land and a growing need for food security. Japanese hydroponics is marked by the adoption of compact urban farming solutions, leveraging space efficiently.

The country's hydroponics industry aligns with Japan's commitment to sustainable practices and technological innovation. As hydroponics gains prominence, it becomes an integral part of Japan's agricultural landscape, contributing to increased food production and environmental sustainability.

Hydroponics Industry Players Overcoming Arid Landscapes in Australia

Australia, claiming a 2.9% market share in 2023, thrives in hydroponics due to its unique environmental challenges. The arid climate and water scarcity concerns drive the adoption of hydroponic systems, offering a solution for efficient water usage and year-round cultivation.

Australian hydroponics is characterized by a strong emphasis on sustainable agriculture, aligning with the country's commitment to environmental stewardship. Hydroponics emerges as a strategic choice for Australian farmers seeking resilience in the face of climate variability and changing agricultural dynamics.

The Rise of Hydroponics in China's Agricultural Landscape

China, with a robust 5.4% market share in 2023, is on an upward trajectory in the hydroponics sector. The country's agricultural landscape is undergoing a profound transformation, marked by a shift towards high-tech farming practices.

Hydroponics, with its resource-efficient and technology-driven approach, seamlessly integrates into China's agenda for modernizing agriculture. The substantial market share reflects the widespread adoption of hydroponics by Chinese farmers, contributing significantly to the nation's food security and sustainable agricultural practices.

Key Players Shaping the Future Outlook of the Hydroponics Industry

In the dynamic hydroponics industry forecast, several key players are shaping the competitive landscape, each contributing to the sector's growth and innovation.

Market leaders such as Korber AG and Ocean Associate Co. Ltd. are at the forefront, driving innovation and setting industry benchmarks. With diverse product portfolios and a global presence, these giants play a pivotal role in shaping the direction of the hydroponics market.

Companies like Jori Group Co. Limited focus on specific segments within hydroponics, leveraging niche expertise to cater to unique market demands. Their agility allows them to capture specialized markets and adapt quickly to changing trends.

Beston (Henan) Machinery Co., Ltd. and A.Celli Group emerge as innovation hubs, constantly introducing novel technologies and solutions to enhance hydroponic farming efficiency. Their commitment to research and development ensures a continuous influx of new ideas into the industry.

Recognizing the collaborative nature of the hydroponics landscape, players engage in strategic partnerships. These collaborations extend across the value chain, fostering synergies between hydroponic system manufacturers, nutrient suppliers, and technology developers.

While entering the hydroponics market presents challenges due to the dominance of established players, it also offers opportunities for startups to bring fresh perspectives. New entrants can focus on innovative technologies, sustainable practices, and niche markets to carve their space in the competitive arena.

Recent Developments in the Hydroponics Industry

Acquisitions and partnerships

• GrowGeneration acquired Hydroponics Depot, an online and retail hydroponics retailer, for USD 38.5 million in cash and stock in September 2022.
• Netafim acquired HydroSource, a leading provider of hydroponic and aquaponic solutions, in July 2022.
• Horticulture Lighting Group acquired Gavita, a leading manufacturer of high-pressure sodium (HPS) and metal halide (MH) grow lights, in June 2022.

New product launches

• GrowGeneration launched its own line of hydroponic nutrients, pH adjusters, and other grow supplies in September 2022.
• Netafim launched its new Hydroponics Toolkit, a complete solution for setting up and managing hydroponic systems, in August 2022.
• Horticulture Lighting Group launched its new ParPro series of LED grow lights, which are designed to deliver optimal light levels for all stages of plant growth, in July 2022.

Funding

• Plenty, a vertical farming company, raised USD 475 million in Series E funding in September 2022.
• Bowery Farming, a vertical farming company, raised USD 200 million in Series C funding in August 2022.
• FarmWise, a robotic farming company, raised USD 130 million in Series C funding in July 2022.

Other developments

• The American Society for Horticultural Science (ASHS) launched a new division dedicated to hydroponics in January 2023.
• The University of California, Davis opened a new USD 25 million hydroponics research facility in December 2022.
• The National Science Foundation (NSF) awarded a USD 10 million grant to develop new hydroponic systems for growing food in space in November 2022.

Key Players

• AeroFarms, LLC
• Scotts Miracle Gro
• AmHydro
• Emerald Harvest
• Argus Control Systems Limited
• Hydroponic Systems International
• Emirates Hydroponics Farms
• Advanced Nutrients (Canada)
• Freight Farms, Inc.
• Vitalink (United Kingdom)
• Green Sense Farms Holdings, Inc.
• Heliospectra AB
• LumiGrow, Inc.
• Signify Holding B.V.
• Hydrofarm LLC
• Terra Tech Corp

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
• 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
  • 5.1. Aggregate Systems
  • 5.2. Liquid Systems
• 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Equipment
  • 6.1. HVAC
  • 6.2. Irrigation Systems
  • 6.3. Control Systems
  • 6.4. LED Grow Lights
  • 6.5. Material Handling
  • 6.6. Others
• 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Input
  • 7.1. Nutrients
  • 7.2. Rockwool
• 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Crop Type
  • 8.1. Tomato
  • 8.2. Lettuce and Leafy Vegetables
  • 8.3. Pepper
  • 8.4. Cucumber
  • 8.5. Microgreens
  • 8.6. Herbs
  • 8.7. Fruits
  • 8.8. Others
• 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
  • 9.1. North America
  • 9.2. Latin America
  • 9.3. Western Europe
  • 9.4. Eastern Europe
  • 9.5. South Asia and Pacific
  • 9.6. East Asia
  • 9.7. Middle East and Africa
• 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 12. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 13. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 14. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 16. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 17. Key Countries Market Analysis
• 18. Market Structure Analysis
• 19. Competition Analysis
  • 19.1. AeroFarms, LLC
  • 19.2. Scotts Miracle Gro
  • 19.3. AmHydro
  • 19.4. Emerald Harvest
  • 19.5. Argus Control Systems Limited
  • 19.6. Hydroponic Systems International
  • 19.7. Emirates Farms
  • 19.8. Advanced Nutrients (Canada)
  • 19.9. Freight Farms, Inc.
  • 19.10. Vitalink (Value (USD Million) & Volume (Units)ed Kingdom)
  • 19.11. Green Sense Farms Holdings, Inc.
  • 19.12. Heliospectra AB
  • 19.13. LumiGrow, Inc.
  • 19.14. Signify Holding B.V.
  • 19.15. Hydrofarm LLC
  • 19.16. Terra Tech Corp
• 20. Assumptions & Acronyms Used
• 21. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033

Table 3: Global Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 4: Global Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 5: Global Market Value (US$ Million) Forecast by Equipment, 2018 to 2033

Table 6: Global Market Volume (Units) Forecast by Equipment, 2018 to 2033

Table 7: Global Market Value (US$ Million) Forecast by Input, 2018 to 2033

Table 8: Global Market Volume (Units) Forecast by Input, 2018 to 2033

Table 9: Global Market Value (US$ Million) Forecast by Crop Type, 2018 to 2033

Table 10: Global Market Volume (Units) Forecast by Crop Type, 2018 to 2033

Table 11: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 12: North America Market Volume (Units) Forecast by Country, 2018 to 2033

Table 13: North America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 14: North America Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 15: North America Market Value (US$ Million) Forecast by Equipment, 2018 to 2033

Table 16: North America Market Volume (Units) Forecast by Equipment, 2018 to 2033

Table 17: North America Market Value (US$ Million) Forecast by Input, 2018 to 2033

Table 18: North America Market Volume (Units) Forecast by Input, 2018 to 2033

Table 19: North America Market Value (US$ Million) Forecast by Crop Type, 2018 to 2033

Table 20: North America Market Volume (Units) Forecast by Crop Type, 2018 to 2033

Table 21: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 22: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033

Table 23: Latin America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 24: Latin America Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 25: Latin America Market Value (US$ Million) Forecast by Equipment, 2018 to 2033

Table 26: Latin America Market Volume (Units) Forecast by Equipment, 2018 to 2033

Table 27: Latin America Market Value (US$ Million) Forecast by Input, 2018 to 2033

Table 28: Latin America Market Volume (Units) Forecast by Input, 2018 to 2033

Table 29: Latin America Market Value (US$ Million) Forecast by Crop Type, 2018 to 2033

Table 30: Latin America Market Volume (Units) Forecast by Crop Type, 2018 to 2033

Table 31: Western Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 32: Western Europe Market Volume (Units) Forecast by Country, 2018 to 2033

Table 33: Western Europe Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 34: Western Europe Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 35: Western Europe Market Value (US$ Million) Forecast by Equipment, 2018 to 2033

Table 36: Western Europe Market Volume (Units) Forecast by Equipment, 2018 to 2033

Table 37: Western Europe Market Value (US$ Million) Forecast by Input, 2018 to 2033

Table 38: Western Europe Market Volume (Units) Forecast by Input, 2018 to 2033

Table 39: Western Europe Market Value (US$ Million) Forecast by Crop Type, 2018 to 2033

Table 40: Western Europe Market Volume (Units) Forecast by Crop Type, 2018 to 2033

Table 41: Eastern Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 42: Eastern Europe Market Volume (Units) Forecast by Country, 2018 to 2033

Table 43: Eastern Europe Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 44: Eastern Europe Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 45: Eastern Europe Market Value (US$ Million) Forecast by Equipment, 2018 to 2033

Table 46: Eastern Europe Market Volume (Units) Forecast by Equipment, 2018 to 2033

Table 47: Eastern Europe Market Value (US$ Million) Forecast by Input, 2018 to 2033

Table 48: Eastern Europe Market Volume (Units) Forecast by Input, 2018 to 2033

Table 49: Eastern Europe Market Value (US$ Million) Forecast by Crop Type, 2018 to 2033

Table 50: Eastern Europe Market Volume (Units) Forecast by Crop Type, 2018 to 2033

Table 51: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 52: South Asia and Pacific Market Volume (Units) Forecast by Country, 2018 to 2033

Table 53: South Asia and Pacific Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 54: South Asia and Pacific Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 55: South Asia and Pacific Market Value (US$ Million) Forecast by Equipment, 2018 to 2033

Table 56: South Asia and Pacific Market Volume (Units) Forecast by Equipment, 2018 to 2033

Table 57: South Asia and Pacific Market Value (US$ Million) Forecast by Input, 2018 to 2033

Table 58: South Asia and Pacific Market Volume (Units) Forecast by Input, 2018 to 2033

Table 59: South Asia and Pacific Market Value (US$ Million) Forecast by Crop Type, 2018 to 2033

Table 60: South Asia and Pacific Market Volume (Units) Forecast by Crop Type, 2018 to 2033

Table 61: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 62: East Asia Market Volume (Units) Forecast by Country, 2018 to 2033

Table 63: East Asia Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 64: East Asia Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 65: East Asia Market Value (US$ Million) Forecast by Equipment, 2018 to 2033

Table 66: East Asia Market Volume (Units) Forecast by Equipment, 2018 to 2033

Table 67: East Asia Market Value (US$ Million) Forecast by Input, 2018 to 2033

Table 68: East Asia Market Volume (Units) Forecast by Input, 2018 to 2033

Table 69: East Asia Market Value (US$ Million) Forecast by Crop Type, 2018 to 2033

Table 70: East Asia Market Volume (Units) Forecast by Crop Type, 2018 to 2033

Table 71: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 72: Middle East and Africa Market Volume (Units) Forecast by Country, 2018 to 2033

Table 73: Middle East and Africa Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 74: Middle East and Africa Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 75: Middle East and Africa Market Value (US$ Million) Forecast by Equipment, 2018 to 2033

Table 76: Middle East and Africa Market Volume (Units) Forecast by Equipment, 2018 to 2033

Table 77: Middle East and Africa Market Value (US$ Million) Forecast by Input, 2018 to 2033

Table 78: Middle East and Africa Market Volume (Units) Forecast by Input, 2018 to 2033

Table 79: Middle East and Africa Market Value (US$ Million) Forecast by Crop Type, 2018 to 2033

Table 80: Middle East and Africa Market Volume (Units) Forecast by Crop Type, 2018 to 2033

List of Figures

Figure 1: Global Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by Equipment, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by Input, 2023 to 2033

Figure 4: Global Market Value (US$ Million) by Crop Type, 2023 to 2033

Figure 5: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 6: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 7: Global Market Volume (Units) Analysis by Region, 2018 to 2033

Figure 8: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 9: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 10: Global Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 11: Global Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 12: Global Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 13: Global Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 14: Global Market Value (US$ Million) Analysis by Equipment, 2018 to 2033

Figure 15: Global Market Volume (Units) Analysis by Equipment, 2018 to 2033

Figure 16: Global Market Value Share (%) and BPS Analysis by Equipment, 2023 to 2033

Figure 17: Global Market Y-o-Y Growth (%) Projections by Equipment, 2023 to 2033

Figure 18: Global Market Value (US$ Million) Analysis by Input, 2018 to 2033

Figure 19: Global Market Volume (Units) Analysis by Input, 2018 to 2033

Figure 20: Global Market Value Share (%) and BPS Analysis by Input, 2023 to 2033

Figure 21: Global Market Y-o-Y Growth (%) Projections by Input, 2023 to 2033

Figure 22: Global Market Value (US$ Million) Analysis by Crop Type, 2018 to 2033

Figure 23: Global Market Volume (Units) Analysis by Crop Type, 2018 to 2033

Figure 24: Global Market Value Share (%) and BPS Analysis by Crop Type, 2023 to 2033

Figure 25: Global Market Y-o-Y Growth (%) Projections by Crop Type, 2023 to 2033

Figure 26: Global Market Attractiveness by Product Type, 2023 to 2033

Figure 27: Global Market Attractiveness by Equipment, 2023 to 2033

Figure 28: Global Market Attractiveness by Input, 2023 to 2033

Figure 29: Global Market Attractiveness by Crop Type, 2023 to 2033

Figure 30: Global Market Attractiveness by Region, 2023 to 2033

Figure 31: North America Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 32: North America Market Value (US$ Million) by Equipment, 2023 to 2033

Figure 33: North America Market Value (US$ Million) by Input, 2023 to 2033

Figure 34: North America Market Value (US$ Million) by Crop Type, 2023 to 2033

Figure 35: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 36: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 37: North America Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 38: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 39: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 40: North America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 41: North America Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 42: North America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 43: North America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 44: North America Market Value (US$ Million) Analysis by Equipment, 2018 to 2033

Figure 45: North America Market Volume (Units) Analysis by Equipment, 2018 to 2033

Figure 46: North America Market Value Share (%) and BPS Analysis by Equipment, 2023 to 2033

Figure 47: North America Market Y-o-Y Growth (%) Projections by Equipment, 2023 to 2033

Figure 48: North America Market Value (US$ Million) Analysis by Input, 2018 to 2033

Figure 49: North America Market Volume (Units) Analysis by Input, 2018 to 2033

Figure 50: North America Market Value Share (%) and BPS Analysis by Input, 2023 to 2033

Figure 51: North America Market Y-o-Y Growth (%) Projections by Input, 2023 to 2033

Figure 52: North America Market Value (US$ Million) Analysis by Crop Type, 2018 to 2033

Figure 53: North America Market Volume (Units) Analysis by Crop Type, 2018 to 2033

Figure 54: North America Market Value Share (%) and BPS Analysis by Crop Type, 2023 to 2033

Figure 55: North America Market Y-o-Y Growth (%) Projections by Crop Type, 2023 to 2033

Figure 56: North America Market Attractiveness by Product Type, 2023 to 2033

Figure 57: North America Market Attractiveness by Equipment, 2023 to 2033

Figure 58: North America Market Attractiveness by Input, 2023 to 2033

Figure 59: North America Market Attractiveness by Crop Type, 2023 to 2033

Figure 60: North America Market Attractiveness by Country, 2023 to 2033

Figure 61: Latin America Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 62: Latin America Market Value (US$ Million) by Equipment, 2023 to 2033

Figure 63: Latin America Market Value (US$ Million) by Input, 2023 to 2033

Figure 64: Latin America Market Value (US$ Million) by Crop Type, 2023 to 2033

Figure 65: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 66: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 67: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 68: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 69: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 70: Latin America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 71: Latin America Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 72: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 73: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 74: Latin America Market Value (US$ Million) Analysis by Equipment, 2018 to 2033

Figure 75: Latin America Market Volume (Units) Analysis by Equipment, 2018 to 2033

Figure 76: Latin America Market Value Share (%) and BPS Analysis by Equipment, 2023 to 2033

Figure 77: Latin America Market Y-o-Y Growth (%) Projections by Equipment, 2023 to 2033

Figure 78: Latin America Market Value (US$ Million) Analysis by Input, 2018 to 2033

Figure 79: Latin America Market Volume (Units) Analysis by Input, 2018 to 2033

Figure 80: Latin America Market Value Share (%) and BPS Analysis by Input, 2023 to 2033

Figure 81: Latin America Market Y-o-Y Growth (%) Projections by Input, 2023 to 2033

Figure 82: Latin America Market Value (US$ Million) Analysis by Crop Type, 2018 to 2033

Figure 83: Latin America Market Volume (Units) Analysis by Crop Type, 2018 to 2033

Figure 84: Latin America Market Value Share (%) and BPS Analysis by Crop Type, 2023 to 2033

Figure 85: Latin America Market Y-o-Y Growth (%) Projections by Crop Type, 2023 to 2033

Figure 86: Latin America Market Attractiveness by Product Type, 2023 to 2033

Figure 87: Latin America Market Attractiveness by Equipment, 2023 to 2033

Figure 88: Latin America Market Attractiveness by Input, 2023 to 2033

Figure 89: Latin America Market Attractiveness by Crop Type, 2023 to 2033

Figure 90: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 91: Western Europe Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 92: Western Europe Market Value (US$ Million) by Equipment, 2023 to 2033

Figure 93: Western Europe Market Value (US$ Million) by Input, 2023 to 2033

Figure 94: Western Europe Market Value (US$ Million) by Crop Type, 2023 to 2033

Figure 95: Western Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 96: Western Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 97: Western Europe Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 98: Western Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 99: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 100: Western Europe Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 101: Western Europe Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 102: Western Europe Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 103: Western Europe Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 104: Western Europe Market Value (US$ Million) Analysis by Equipment, 2018 to 2033

Figure 105: Western Europe Market Volume (Units) Analysis by Equipment, 2018 to 2033

Figure 106: Western Europe Market Value Share (%) and BPS Analysis by Equipment, 2023 to 2033

Figure 107: Western Europe Market Y-o-Y Growth (%) Projections by Equipment, 2023 to 2033

Figure 108: Western Europe Market Value (US$ Million) Analysis by Input, 2018 to 2033

Figure 109: Western Europe Market Volume (Units) Analysis by Input, 2018 to 2033

Figure 110: Western Europe Market Value Share (%) and BPS Analysis by Input, 2023 to 2033

Figure 111: Western Europe Market Y-o-Y Growth (%) Projections by Input, 2023 to 2033

Figure 112: Western Europe Market Value (US$ Million) Analysis by Crop Type, 2018 to 2033

Figure 113: Western Europe Market Volume (Units) Analysis by Crop Type, 2018 to 2033

Figure 114: Western Europe Market Value Share (%) and BPS Analysis by Crop Type, 2023 to 2033

Figure 115: Western Europe Market Y-o-Y Growth (%) Projections by Crop Type, 2023 to 2033

Figure 116: Western Europe Market Attractiveness by Product Type, 2023 to 2033

Figure 117: Western Europe Market Attractiveness by Equipment, 2023 to 2033

Figure 118: Western Europe Market Attractiveness by Input, 2023 to 2033

Figure 119: Western Europe Market Attractiveness by Crop Type, 2023 to 2033

Figure 120: Western Europe Market Attractiveness by Country, 2023 to 2033

Figure 121: Eastern Europe Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 122: Eastern Europe Market Value (US$ Million) by Equipment, 2023 to 2033

Figure 123: Eastern Europe Market Value (US$ Million) by Input, 2023 to 2033

Figure 124: Eastern Europe Market Value (US$ Million) by Crop Type, 2023 to 2033

Figure 125: Eastern Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 126: Eastern Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 127: Eastern Europe Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 128: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 129: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 130: Eastern Europe Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 131: Eastern Europe Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 132: Eastern Europe Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 133: Eastern Europe Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 134: Eastern Europe Market Value (US$ Million) Analysis by Equipment, 2018 to 2033

Figure 135: Eastern Europe Market Volume (Units) Analysis by Equipment, 2018 to 2033

Figure 136: Eastern Europe Market Value Share (%) and BPS Analysis by Equipment, 2023 to 2033

Figure 137: Eastern Europe Market Y-o-Y Growth (%) Projections by Equipment, 2023 to 2033

Figure 138: Eastern Europe Market Value (US$ Million) Analysis by Input, 2018 to 2033

Figure 139: Eastern Europe Market Volume (Units) Analysis by Input, 2018 to 2033

Figure 140: Eastern Europe Market Value Share (%) and BPS Analysis by Input, 2023 to 2033

Figure 141: Eastern Europe Market Y-o-Y Growth (%) Projections by Input, 2023 to 2033

Figure 142: Eastern Europe Market Value (US$ Million) Analysis by Crop Type, 2018 to 2033

Figure 143: Eastern Europe Market Volume (Units) Analysis by Crop Type, 2018 to 2033

Figure 144: Eastern Europe Market Value Share (%) and BPS Analysis by Crop Type, 2023 to 2033

Figure 145: Eastern Europe Market Y-o-Y Growth (%) Projections by Crop Type, 2023 to 2033

Figure 146: Eastern Europe Market Attractiveness by Product Type, 2023 to 2033

Figure 147: Eastern Europe Market Attractiveness by Equipment, 2023 to 2033

Figure 148: Eastern Europe Market Attractiveness by Input, 2023 to 2033

Figure 149: Eastern Europe Market Attractiveness by Crop Type, 2023 to 2033

Figure 150: Eastern Europe Market Attractiveness by Country, 2023 to 2033

Figure 151: South Asia and Pacific Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 152: South Asia and Pacific Market Value (US$ Million) by Equipment, 2023 to 2033

Figure 153: South Asia and Pacific Market Value (US$ Million) by Input, 2023 to 2033

Figure 154: South Asia and Pacific Market Value (US$ Million) by Crop Type, 2023 to 2033

Figure 155: South Asia and Pacific Market Value (US$ Million) by Country, 2023 to 2033

Figure 156: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 157: South Asia and Pacific Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 158: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 159: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 160: South Asia and Pacific Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 161: South Asia and Pacific Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 162: South Asia and Pacific Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 163: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 164: South Asia and Pacific Market Value (US$ Million) Analysis by Equipment, 2018 to 2033

Figure 165: South Asia and Pacific Market Volume (Units) Analysis by Equipment, 2018 to 2033

Figure 166: South Asia and Pacific Market Value Share (%) and BPS Analysis by Equipment, 2023 to 2033

Figure 167: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Equipment, 2023 to 2033

Figure 168: South Asia and Pacific Market Value (US$ Million) Analysis by Input, 2018 to 2033

Figure 169: South Asia and Pacific Market Volume (Units) Analysis by Input, 2018 to 2033

Figure 170: South Asia and Pacific Market Value Share (%) and BPS Analysis by Input, 2023 to 2033

Figure 171: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Input, 2023 to 2033

Figure 172: South Asia and Pacific Market Value (US$ Million) Analysis by Crop Type, 2018 to 2033

Figure 173: South Asia and Pacific Market Volume (Units) Analysis by Crop Type, 2018 to 2033

Figure 174: South Asia and Pacific Market Value Share (%) and BPS Analysis by Crop Type, 2023 to 2033

Figure 175: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Crop Type, 2023 to 2033

Figure 176: South Asia and Pacific Market Attractiveness by Product Type, 2023 to 2033

Figure 177: South Asia and Pacific Market Attractiveness by Equipment, 2023 to 2033

Figure 178: South Asia and Pacific Market Attractiveness by Input, 2023 to 2033

Figure 179: South Asia and Pacific Market Attractiveness by Crop Type, 2023 to 2033

Figure 180: South Asia and Pacific Market Attractiveness by Country, 2023 to 2033

Figure 181: East Asia Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 182: East Asia Market Value (US$ Million) by Equipment, 2023 to 2033

Figure 183: East Asia Market Value (US$ Million) by Input, 2023 to 2033

Figure 184: East Asia Market Value (US$ Million) by Crop Type, 2023 to 2033

Figure 185: East Asia Market Value (US$ Million) by Country, 2023 to 2033

Figure 186: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 187: East Asia Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 188: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 189: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 190: East Asia Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 191: East Asia Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 192: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 193: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 194: East Asia Market Value (US$ Million) Analysis by Equipment, 2018 to 2033

Figure 195: East Asia Market Volume (Units) Analysis by Equipment, 2018 to 2033

Figure 196: East Asia Market Value Share (%) and BPS Analysis by Equipment, 2023 to 2033

Figure 197: East Asia Market Y-o-Y Growth (%) Projections by Equipment, 2023 to 2033

Figure 198: East Asia Market Value (US$ Million) Analysis by Input, 2018 to 2033

Figure 199: East Asia Market Volume (Units) Analysis by Input, 2018 to 2033

Figure 200: East Asia Market Value Share (%) and BPS Analysis by Input, 2023 to 2033

Figure 201: East Asia Market Y-o-Y Growth (%) Projections by Input, 2023 to 2033

Figure 202: East Asia Market Value (US$ Million) Analysis by Crop Type, 2018 to 2033

Figure 203: East Asia Market Volume (Units) Analysis by Crop Type, 2018 to 2033

Figure 204: East Asia Market Value Share (%) and BPS Analysis by Crop Type, 2023 to 2033

Figure 205: East Asia Market Y-o-Y Growth (%) Projections by Crop Type, 2023 to 2033

Figure 206: East Asia Market Attractiveness by Product Type, 2023 to 2033

Figure 207: East Asia Market Attractiveness by Equipment, 2023 to 2033

Figure 208: East Asia Market Attractiveness by Input, 2023 to 2033

Figure 209: East Asia Market Attractiveness by Crop Type, 2023 to 2033

Figure 210: East Asia Market Attractiveness by Country, 2023 to 2033

Figure 211: Middle East and Africa Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 212: Middle East and Africa Market Value (US$ Million) by Equipment, 2023 to 2033

Figure 213: Middle East and Africa Market Value (US$ Million) by Input, 2023 to 2033

Figure 214: Middle East and Africa Market Value (US$ Million) by Crop Type, 2023 to 2033

Figure 215: Middle East and Africa Market Value (US$ Million) by Country, 2023 to 2033

Figure 216: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 217: Middle East and Africa Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 218: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 219: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 220: Middle East and Africa Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 221: Middle East and Africa Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 222: Middle East and Africa Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 223: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 224: Middle East and Africa Market Value (US$ Million) Analysis by Equipment, 2018 to 2033

Figure 225: Middle East and Africa Market Volume (Units) Analysis by Equipment, 2018 to 2033

Figure 226: Middle East and Africa Market Value Share (%) and BPS Analysis by Equipment, 2023 to 2033

Figure 227: Middle East and Africa Market Y-o-Y Growth (%) Projections by Equipment, 2023 to 2033

Figure 228: Middle East and Africa Market Value (US$ Million) Analysis by Input, 2018 to 2033

Figure 229: Middle East and Africa Market Volume (Units) Analysis by Input, 2018 to 2033

Figure 230: Middle East and Africa Market Value Share (%) and BPS Analysis by Input, 2023 to 2033

Figure 231: Middle East and Africa Market Y-o-Y Growth (%) Projections by Input, 2023 to 2033

Figure 232: Middle East and Africa Market Value (US$ Million) Analysis by Crop Type, 2018 to 2033

Figure 233: Middle East and Africa Market Volume (Units) Analysis by Crop Type, 2018 to 2033

Figure 234: Middle East and Africa Market Value Share (%) and BPS Analysis by Crop Type, 2023 to 2033

Figure 235: Middle East and Africa Market Y-o-Y Growth (%) Projections by Crop Type, 2023 to 2033

Figure 236: Middle East and Africa Market Attractiveness by Product Type, 2023 to 2033

Figure 237: Middle East and Africa Market Attractiveness by Equipment, 2023 to 2033

Figure 238: Middle East and Africa Market Attractiveness by Input, 2023 to 2033

Figure 239: Middle East and Africa Market Attractiveness by Crop Type, 2023 to 2033

Figure 240: Middle East and Africa Market Attractiveness by Country, 2023 to 2033