It is considered that hydroponics consumes 20 times less water than conventional agriculture. In hydroponic gardening, recycled and reused water reduces the need for fresh water and requires less space. It eliminates the need for pesticides and herbicides.
In addition, hydroponics farming allows a plant to grow 50% faster than the conventional method. Hydroponic farming has the potential to provide fresh, local food for areas with extreme droughts and low soil quality, such as in sub-Saharan Africa, where access to leafy green vegetables is often limited. Crops grown hydroponically can be grown anywhere on earth at any time of the year, regardless of weather conditions, availability of cultivable land, or soil quality. Hydroponics is a cropping system that makes plants grow in a nutrient-rich water solution.
Redding, California, Ma(GLOBE NEWSWIRE) - According to a new market research report titled, “ Hydroponics Market by Type (Aggregate System, Non-aggregate System), Equipment (HVAC System, LED Grow Lights, Irrigation System, Control System, Material Handling), Input (Nutrients, Growth Media), Crop Type (Vegetables, Fruits) - Global Forecast to 2030”, the hydroponics market is expected to reach $35.4 billion by 2030, at a CAGR of 15.6% during the forecast period 2023–2030. Hydroponics Market by Type (Aggregate System, Non-aggregate System), Equipment (HVAC System, LED Grow Lights, Irrigation System, Control System, Material Handling), Input (Nutrients, Growth Media), Crop Type (Vegetables, Fruits)-Global Forecast to 2030
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