Is hydroponic agriculture the future?

Conclusion. Hydroponic farms offer a pathway towards a more sustainable food ethic that prioritizes the health of our food, bodies and environment without the heavy use of chemicals. Far from being a pipe-dream, hydroponic farming is already being rapidly integrated into current food networks.

What is the industry value of hydroponics?

[230 Pages Report] The hydroponics market was valued at USD 9.5 billion in 2020; it is projected to grow at a CAGR of 11.3\% to reach USD 17.9 billion by 2026.

Why is hydroponics not popular?

The 5 reasons why hydroponics is not popular are: 1) the lack of organic certification; 2) the complexity of hydroponics; 3) high initial startup cost; 4) lack of awareness and accessible technical knowledge; and 5) higher continuous maintenance and observation.

Is hydroponics a good investment?

Growing population. With this expected growth rate you can capitalize on any business that will be consumed daily by people. Hence, hydroponics or any farming business can be a good investment.

Where is hydroponics most popular?

In 2020, North America was the largest geographic segment of the market studied and accounted for a share of around 35.78\% of the hydroponics market. Hydroponics is an environment-friendly and profitable technology.

Is hydroponics a good business?

Hydroponic farms are highly productive and are generating enough revenue to pay overhead expenses and provide healthy wages for farm workers. Hydroponic is environment friendly for the locals and farmers can sell their produce directly to individuals or local businesses like restaurants etc.

Why is hydroponic costly?

Equipment such a water treatment system, nutrient tanks, plumbing system, lighting, pumps, reservoir, air pump, temperature, EC, and pH monitors all of these will add more Rs. 5 lakhs to 8 lakhs to the total cost of the hydroponic farm. The final cost for setting up a hydroponic farm in one acre of land will be Rs.

What is the market size of the hydroponics industry?

The global hydroponics market size was valued at USD 1.33 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 22.52\% from 2019 to 2025. This high growth rate is attributed to the increasing use of hydroponic systems for indoor farming of vegetables.

Is hydroponic farming the future of Agriculture?

Hydroponic farming has strong potential to mitigate the threats these issues pose to our agricultural system. Growing crops in near optimal conditions using controlled environment agriculture (CEA) technology is one of the biggest benefits of hydroponic farming.

Why hydroponics is the future of global food security?

As per FAO studies, the development of alternate growing systems such as hydroponics is anticipated to play an important role in global food security by supplying safe and nutritious food. In addition, this can also help in tackling the logistical uncertainties in the market.

How hydhydroponics farming solution providers help farmers?

Hydroponics farming solution providers offer consumers various ways to monitor and manage their crops with numerous sensors, web platforms, software, and mobile applications.