How big is the hydroponics industry?

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Tremayne Lang asked a question: How big is the hydroponics industry?
Asked By: Tremayne Lang
Date created: Sat, Feb 27, 2021 4:58 PM
Date updated: Wed, Jun 22, 2022 6:26 PM

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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.

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