Hydroponic Crop Farming
Market : overview
The global hydroponic crop farming market
accounted for USD 3,489.7 Million in 2017. Further,
the market is expected to reach to a valuation of
USD 10,106.7 Million by the end of 2023.
Moreover, it is anticipated to flourish at a CAGR of
18.2% during the forecast period i.e. 2018-2023.
Increasing consumer demand for local foods is one
of the key factors driving the growth of hydroponics
crop farming market. Apart from this, private sector
investment is envisioned to bolster the growth of
the market in the upcoming years.