Hydroponic Nutrients Market
Hydroponic Nutrients Market Forecasts to 2028 - Global Analysis By Type (Micronutrients, Macronutrients, Potassic, Nitrogenous, Phosphatic, Other Types), Product Type (Synthetic, Organic), Crop Type (Lettuce, Tomato, Herbs, Cucumber, Pepper, Leafy Greens, Strawberries, Other Crop Types), Application (Vegetables, Crops, Other Applications) and Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $4.02 BN |
|
Projected Year Value (2028) |
US $7.44 BN |
|
CAGR (2022 - 2028) |
10.8% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Hydroponic Nutrients Market is accounted for $4.02 billion in 2022 and is expected to reach $7.44 billion by 2028 growing at a CAGR of 10.8% during the forecast period. Hydroponic nutrients are a unique combination of vital minerals & trace elements that are introduced to water to provide plants the nourishment they need to develop. These nutrients can be bought as pre-mixed solutions or as separate ingredients that must be combined in accordance with the demands of the plant.
According to the UN reports on the global population, in 2018, plants grown in hydroponic systems achieved a 20–25% higher yield than the traditional agriculture system, with its productivity being 2–5 times higher.
Market Dynamics:
Driver:
Hydroponic systems help conserve natural resources
The fact that hydroponic farming does not require soil or more space to produce plants is a major benefit. Plants may be stacked vertically, eliminating the need for large farming plots because more crops can be produced in a smaller space. Commercial hydroponic producers need just one-fifth the amount of area to grow hydroponic vegetables compared to conventional farming. It enables farmers to cultivate the crop in greater quantities while using less room and energy, saving them a substantial amount on land expenditures. Growing plants vertically and packing them closer together makes it possible to cultivate a variety of crops with fewer challenges than traditional farming.
Restraint:
Debate on certifying hydroponic produce as organic
There has been a lot of discussion and consideration over the past few years over whether hydroponic gardening is actually an approved organic farming technique. Due to the fact that hydroponically produced plants do not have access to the same microbiomes as those found in soil, several farmers have questioned whether such plants can actually be certified as organic. However, during the past ten years, people from all over the world have grown hydroponically grown tomatoes, lettuce, and other green crops.
Opportunity:
Shift in inclination towards hydroponics as profit farming
Contrary to conventional farming, hydroponics does not use soil to grow food. This method involves growing plants on artificial or natural substrates so that the roots may easily draw nutrients from a prepared nutrition solution. The implementation of various hydroponic farming techniques varies depending on the type of plant, regional climate, and financial constraints, among other things. The majority of systems include an aerator and a tank for the nutritional solution. In hydroponics, nutrients are dissolved in water and used to grow plants without the use of soil. It contains a growth medium or aggregate substrate like vermiculite, coconut coir, or perlite. Small farmers, amateurs, and business companies all employ hydroponic production systems. As major vendors put their attention on innovation and the creation of fresh, customised items to increase sales, the market is expected to grow rapidly. Rapid technical development also contributes to the growth of the hydroponic agricultural system.
Threat:
High capital investment for large-scale farms
A hydroponic farm requires an enormous initial expenditure to start up, and the equipment necessary is costly to purchase and maintain. The main cost components of a hydroponic farm are various pieces of equipment, such as HVAC systems, fans, ventilation, irrigation systems, control systems, railways, and lighting. The prices in this case just take into account the costs of setting up the farm; however, when improvements are taken into account, it might lead to a recurrent cost for the farm because the equipment has to be replaced every three to four years to increase the farm's productivity and production.
Covid-19 Impact
People began to appreciate the advantages of leading healthy lives, which increased demand for hydroponic nutrition items during COVID-19. The opening of borders causes a gradual standardisation of the world situation. The public's ability to move around thanks to the lockdown's relaxation will aid in the market's recovery in the years to come. However, growing fuel costs have affected commodity prices and raised the cost of transportation.
The organic segment is expected to be the largest during the forecast period
The organic segment is estimated to have a lucrative growth. The hydroponic farming sector is always evolving and bringing innovative new products to the market. Within the hydroponic industry, changes are being made in the areas of lighting, ventilation, soils or media, fertilisers, and pest control. The four main tenets of organic farming are health, ecology, justice, and caring, and the culture solution may be used hydroponically. Because of its high rate of water conservation, controlled growth that lowers the demand for pesticides and fertilisers, and absence of considerable human effort, hydroponic growing techniques hold great potential for becoming organic.
The crops segment is expected to have the highest CAGR during the forecast period
The crops segment is anticipated to witness the fastest CAGR growth during the forecast period. The crops include, among other things, grains, legumes, oilseeds, and vegetables. Over the projected period, the agricultural application sector is anticipated to be driven by the rising need for hydroponic nutrients to supplement animal diets and feed livestock. A balanced nutrient solution is necessary for crops cultivated in hydroponic systems to guarantee healthy growth and development. This nutritional solution normally consists of micronutrients (calcium, magnesium, and sulphur) as well as macronutrients (nitrogen, phosphorus, and potassium). The nutrients that the crops supply are crucial for plant health and can lessen disease pressure caused by diseases or pests. Crops cultivated hydroponically gain from improved root zone oxygenation, which promotes quicker growth rates than conventional soil-based growing techniques.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period. By implementing innovative agricultural technology, developing nations in the Asia-Pacific, including China, Japan, and India, are revolutionising their agricultural industries. Major businesses in the Asia-Pacific region are increasing their R&D spending to create innovative hydroponic technology.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period. The U.S., Canada, and Mexico are the North American nations mentioned in the hydroponic growth medium and nutrients market study. Although the market for crops and other agricultural goods is likely to continue to rise, the U.S. Bureau of Labour and Statistics predicted that job growth would be moderate. The adoption of productivity-boosting technology by agricultural firms is one of the factors contributing to this sluggish development.
Key players in the market
Some of the key players profiled in the Hydroponic Nutrients Market include 3G Green Garden Group LLC, Botanicare, Advanced Nutrients, Hydrodynamics International, Dutch Nutrient Formula (DNF), AeroFarms, General Hydroponics, Emirates Hydroponics Farms, Terra Tech Corp. and Green Sense Farms Holdings, Inc.
Key Developments:
In April 2021, AeroFarms announced the commencement of the construction of its second commercial 136,000 square foot indoor vertical farm in Danville-Pittsylvania County, Virginia.
Types Covered:
• Micronutrients
• Macronutrients
• Potassic
• Nitrogenous
• Phosphatic
• Other Types
Product Types Covered:
• Synthetic
• Organic
Crop Types Covered:
• Lettuce
• Tomato
• Herbs
• Cucumber
• Pepper
• Leafy Greens
• Strawberries
• Other Crop Types
Applications Covered:
• Vegetables
• Crops
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Hydroponic Nutrients Market, By Type
5.1 Introduction
5.2 Micronutrients
5.3 Macronutrients
5.4 Potassic
5.5 Nitrogenous
5.6 Phosphatic
5.7 Other Types
6 Global Hydroponic Nutrients Market, By Product Type
6.1 Introduction
6.2 Synthetic
6.3 Organic
7 Global Hydroponic Nutrients Market, By Crop Type
7.1 Introduction
7.2 Lettuce
7.3 Tomato
7.4 Herbs
7.5 Cucumber
7.6 Pepper
7.7 Leafy Greens
7.8 Strawberries
7.9 Other Crop Types
8 Global Hydroponic Nutrients Market, By Application
8.1 Introduction
8.2 Vegetables
8.3 Crops
8.4 Other Applications
9 Global Hydroponic Nutrients Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 3G Green Garden Group LLC
11.2 Botanicare
11.3 Advanced Nutrients
11.4 Hydrodynamics International
11.5 Dutch Nutrient Formula (DNF)
11.6 AeroFarms
11.7 General Hydroponics
11.8 Emirates Hydroponics Farms
11.9 Terra Tech Corp.
11.10 Green Sense Farms Holdings, Inc.
List of Tables
1 Global Hydroponic Nutrients Market Outlook, By Region (2020-2028) ($MN)
2 Global Hydroponic Nutrients Market Outlook, By Type (2020-2028) ($MN)
3 Global Hydroponic Nutrients Market Outlook, By Micronutrients (2020-2028) ($MN)
4 Global Hydroponic Nutrients Market Outlook, By Macronutrients (2020-2028) ($MN)
5 Global Hydroponic Nutrients Market Outlook, By Potassic (2020-2028) ($MN)
6 Global Hydroponic Nutrients Market Outlook, By Nitrogenous (2020-2028) ($MN)
7 Global Hydroponic Nutrients Market Outlook, By Phosphatic (2020-2028) ($MN)
8 Global Hydroponic Nutrients Market Outlook, By Other Types (2020-2028) ($MN)
9 Global Hydroponic Nutrients Market Outlook, By Product Type (2020-2028) ($MN)
10 Global Hydroponic Nutrients Market Outlook, By Synthetic (2020-2028) ($MN)
11 Global Hydroponic Nutrients Market Outlook, By Organic (2020-2028) ($MN)
12 Global Hydroponic Nutrients Market Outlook, By Crop Type (2020-2028) ($MN)
13 Global Hydroponic Nutrients Market Outlook, By Lettuce (2020-2028) ($MN)
14 Global Hydroponic Nutrients Market Outlook, By Tomato (2020-2028) ($MN)
15 Global Hydroponic Nutrients Market Outlook, By Herbs (2020-2028) ($MN)
16 Global Hydroponic Nutrients Market Outlook, By Cucumber (2020-2028) ($MN)
17 Global Hydroponic Nutrients Market Outlook, By Pepper (2020-2028) ($MN)
18 Global Hydroponic Nutrients Market Outlook, By Leafy Greens (2020-2028) ($MN)
19 Global Hydroponic Nutrients Market Outlook, By Strawberries (2020-2028) ($MN)
20 Global Hydroponic Nutrients Market Outlook, By Other Crop Types (2020-2028) ($MN)
21 Global Hydroponic Nutrients Market Outlook, By Application (2020-2028) ($MN)
22 Global Hydroponic Nutrients Market Outlook, By Vegetables (2020-2028) ($MN)
23 Global Hydroponic Nutrients Market Outlook, By Crops (2020-2028) ($MN)
24 Global Hydroponic Nutrients Market Outlook, By Other Applications (2020-2028) ($MN)
25 North America Hydroponic Nutrients Market Outlook, By Country (2020-2028) ($MN)
26 North America Hydroponic Nutrients Market Outlook, By Type (2020-2028) ($MN)
27 North America Hydroponic Nutrients Market Outlook, By Micronutrients (2020-2028) ($MN)
28 North America Hydroponic Nutrients Market Outlook, By Macronutrients (2020-2028) ($MN)
29 North America Hydroponic Nutrients Market Outlook, By Potassic (2020-2028) ($MN)
30 North America Hydroponic Nutrients Market Outlook, By Nitrogenous (2020-2028) ($MN)
31 North America Hydroponic Nutrients Market Outlook, By Phosphatic (2020-2028) ($MN)
32 North America Hydroponic Nutrients Market Outlook, By Other Types (2020-2028) ($MN)
33 North America Hydroponic Nutrients Market Outlook, By Product Type (2020-2028) ($MN)
34 North America Hydroponic Nutrients Market Outlook, By Synthetic (2020-2028) ($MN)
35 North America Hydroponic Nutrients Market Outlook, By Organic (2020-2028) ($MN)
36 North America Hydroponic Nutrients Market Outlook, By Crop Type (2020-2028) ($MN)
37 North America Hydroponic Nutrients Market Outlook, By Lettuce (2020-2028) ($MN)
38 North America Hydroponic Nutrients Market Outlook, By Tomato (2020-2028) ($MN)
39 North America Hydroponic Nutrients Market Outlook, By Herbs (2020-2028) ($MN)
40 North America Hydroponic Nutrients Market Outlook, By Cucumber (2020-2028) ($MN)
41 North America Hydroponic Nutrients Market Outlook, By Pepper (2020-2028) ($MN)
42 North America Hydroponic Nutrients Market Outlook, By Leafy Greens (2020-2028) ($MN)
43 North America Hydroponic Nutrients Market Outlook, By Strawberries (2020-2028) ($MN)
44 North America Hydroponic Nutrients Market Outlook, By Other Crop Types (2020-2028) ($MN)
45 North America Hydroponic Nutrients Market Outlook, By Application (2020-2028) ($MN)
46 North America Hydroponic Nutrients Market Outlook, By Vegetables (2020-2028) ($MN)
47 North America Hydroponic Nutrients Market Outlook, By Crops (2020-2028) ($MN)
48 North America Hydroponic Nutrients Market Outlook, By Other Applications (2020-2028) ($MN)
49 Europe Hydroponic Nutrients Market Outlook, By Country (2020-2028) ($MN)
50 Europe Hydroponic Nutrients Market Outlook, By Type (2020-2028) ($MN)
51 Europe Hydroponic Nutrients Market Outlook, By Micronutrients (2020-2028) ($MN)
52 Europe Hydroponic Nutrients Market Outlook, By Macronutrients (2020-2028) ($MN)
53 Europe Hydroponic Nutrients Market Outlook, By Potassic (2020-2028) ($MN)
54 Europe Hydroponic Nutrients Market Outlook, By Nitrogenous (2020-2028) ($MN)
55 Europe Hydroponic Nutrients Market Outlook, By Phosphatic (2020-2028) ($MN)
56 Europe Hydroponic Nutrients Market Outlook, By Other Types (2020-2028) ($MN)
57 Europe Hydroponic Nutrients Market Outlook, By Product Type (2020-2028) ($MN)
58 Europe Hydroponic Nutrients Market Outlook, By Synthetic (2020-2028) ($MN)
59 Europe Hydroponic Nutrients Market Outlook, By Organic (2020-2028) ($MN)
60 Europe Hydroponic Nutrients Market Outlook, By Crop Type (2020-2028) ($MN)
61 Europe Hydroponic Nutrients Market Outlook, By Lettuce (2020-2028) ($MN)
62 Europe Hydroponic Nutrients Market Outlook, By Tomato (2020-2028) ($MN)
63 Europe Hydroponic Nutrients Market Outlook, By Herbs (2020-2028) ($MN)
64 Europe Hydroponic Nutrients Market Outlook, By Cucumber (2020-2028) ($MN)
65 Europe Hydroponic Nutrients Market Outlook, By Pepper (2020-2028) ($MN)
66 Europe Hydroponic Nutrients Market Outlook, By Leafy Greens (2020-2028) ($MN)
67 Europe Hydroponic Nutrients Market Outlook, By Strawberries (2020-2028) ($MN)
68 Europe Hydroponic Nutrients Market Outlook, By Other Crop Types (2020-2028) ($MN)
69 Europe Hydroponic Nutrients Market Outlook, By Application (2020-2028) ($MN)
70 Europe Hydroponic Nutrients Market Outlook, By Vegetables (2020-2028) ($MN)
71 Europe Hydroponic Nutrients Market Outlook, By Crops (2020-2028) ($MN)
72 Europe Hydroponic Nutrients Market Outlook, By Other Applications (2020-2028) ($MN)
73 Asia Pacific Hydroponic Nutrients Market Outlook, By Country (2020-2028) ($MN)
74 Asia Pacific Hydroponic Nutrients Market Outlook, By Type (2020-2028) ($MN)
75 Asia Pacific Hydroponic Nutrients Market Outlook, By Micronutrients (2020-2028) ($MN)
76 Asia Pacific Hydroponic Nutrients Market Outlook, By Macronutrients (2020-2028) ($MN)
77 Asia Pacific Hydroponic Nutrients Market Outlook, By Potassic (2020-2028) ($MN)
78 Asia Pacific Hydroponic Nutrients Market Outlook, By Nitrogenous (2020-2028) ($MN)
79 Asia Pacific Hydroponic Nutrients Market Outlook, By Phosphatic (2020-2028) ($MN)
80 Asia Pacific Hydroponic Nutrients Market Outlook, By Other Types (2020-2028) ($MN)
81 Asia Pacific Hydroponic Nutrients Market Outlook, By Product Type (2020-2028) ($MN)
82 Asia Pacific Hydroponic Nutrients Market Outlook, By Synthetic (2020-2028) ($MN)
83 Asia Pacific Hydroponic Nutrients Market Outlook, By Organic (2020-2028) ($MN)
84 Asia Pacific Hydroponic Nutrients Market Outlook, By Crop Type (2020-2028) ($MN)
85 Asia Pacific Hydroponic Nutrients Market Outlook, By Lettuce (2020-2028) ($MN)
86 Asia Pacific Hydroponic Nutrients Market Outlook, By Tomato (2020-2028) ($MN)
87 Asia Pacific Hydroponic Nutrients Market Outlook, By Herbs (2020-2028) ($MN)
88 Asia Pacific Hydroponic Nutrients Market Outlook, By Cucumber (2020-2028) ($MN)
89 Asia Pacific Hydroponic Nutrients Market Outlook, By Pepper (2020-2028) ($MN)
90 Asia Pacific Hydroponic Nutrients Market Outlook, By Leafy Greens (2020-2028) ($MN)
91 Asia Pacific Hydroponic Nutrients Market Outlook, By Strawberries (2020-2028) ($MN)
92 Asia Pacific Hydroponic Nutrients Market Outlook, By Other Crop Types (2020-2028) ($MN)
93 Asia Pacific Hydroponic Nutrients Market Outlook, By Application (2020-2028) ($MN)
94 Asia Pacific Hydroponic Nutrients Market Outlook, By Vegetables (2020-2028) ($MN)
95 Asia Pacific Hydroponic Nutrients Market Outlook, By Crops (2020-2028) ($MN)
96 Asia Pacific Hydroponic Nutrients Market Outlook, By Other Applications (2020-2028) ($MN)
97 South America Hydroponic Nutrients Market Outlook, By Country (2020-2028) ($MN)
98 South America Hydroponic Nutrients Market Outlook, By Type (2020-2028) ($MN)
99 South America Hydroponic Nutrients Market Outlook, By Micronutrients (2020-2028) ($MN)
100 South America Hydroponic Nutrients Market Outlook, By Macronutrients (2020-2028) ($MN)
101 South America Hydroponic Nutrients Market Outlook, By Potassic (2020-2028) ($MN)
102 South America Hydroponic Nutrients Market Outlook, By Nitrogenous (2020-2028) ($MN)
103 South America Hydroponic Nutrients Market Outlook, By Phosphatic (2020-2028) ($MN)
104 South America Hydroponic Nutrients Market Outlook, By Other Types (2020-2028) ($MN)
105 South America Hydroponic Nutrients Market Outlook, By Product Type (2020-2028) ($MN)
106 South America Hydroponic Nutrients Market Outlook, By Synthetic (2020-2028) ($MN)
107 South America Hydroponic Nutrients Market Outlook, By Organic (2020-2028) ($MN)
108 South America Hydroponic Nutrients Market Outlook, By Crop Type (2020-2028) ($MN)
109 South America Hydroponic Nutrients Market Outlook, By Lettuce (2020-2028) ($MN)
110 South America Hydroponic Nutrients Market Outlook, By Tomato (2020-2028) ($MN)
111 South America Hydroponic Nutrients Market Outlook, By Herbs (2020-2028) ($MN)
112 South America Hydroponic Nutrients Market Outlook, By Cucumber (2020-2028) ($MN)
113 South America Hydroponic Nutrients Market Outlook, By Pepper (2020-2028) ($MN)
114 South America Hydroponic Nutrients Market Outlook, By Leafy Greens (2020-2028) ($MN)
115 South America Hydroponic Nutrients Market Outlook, By Strawberries (2020-2028) ($MN)
116 South America Hydroponic Nutrients Market Outlook, By Other Crop Types (2020-2028) ($MN)
117 South America Hydroponic Nutrients Market Outlook, By Application (2020-2028) ($MN)
118 South America Hydroponic Nutrients Market Outlook, By Vegetables (2020-2028) ($MN)
119 South America Hydroponic Nutrients Market Outlook, By Crops (2020-2028) ($MN)
120 South America Hydroponic Nutrients Market Outlook, By Other Applications (2020-2028) ($MN)
121 Middle East & Africa Hydroponic Nutrients Market Outlook, By Country (2020-2028) ($MN)
122 Middle East & Africa Hydroponic Nutrients Market Outlook, By Type (2020-2028) ($MN)
123 Middle East & Africa Hydroponic Nutrients Market Outlook, By Micronutrients (2020-2028) ($MN)
124 Middle East & Africa Hydroponic Nutrients Market Outlook, By Macronutrients (2020-2028) ($MN)
125 Middle East & Africa Hydroponic Nutrients Market Outlook, By Potassic (2020-2028) ($MN)
126 Middle East & Africa Hydroponic Nutrients Market Outlook, By Nitrogenous (2020-2028) ($MN)
127 Middle East & Africa Hydroponic Nutrients Market Outlook, By Phosphatic (2020-2028) ($MN)
128 Middle East & Africa Hydroponic Nutrients Market Outlook, By Other Types (2020-2028) ($MN)
129 Middle East & Africa Hydroponic Nutrients Market Outlook, By Product Type (2020-2028) ($MN)
130 Middle East & Africa Hydroponic Nutrients Market Outlook, By Synthetic (2020-2028) ($MN)
131 Middle East & Africa Hydroponic Nutrients Market Outlook, By Organic (2020-2028) ($MN)
132 Middle East & Africa Hydroponic Nutrients Market Outlook, By Crop Type (2020-2028) ($MN)
133 Middle East & Africa Hydroponic Nutrients Market Outlook, By Lettuce (2020-2028) ($MN)
134 Middle East & Africa Hydroponic Nutrients Market Outlook, By Tomato (2020-2028) ($MN)
135 Middle East & Africa Hydroponic Nutrients Market Outlook, By Herbs (2020-2028) ($MN)
136 Middle East & Africa Hydroponic Nutrients Market Outlook, By Cucumber (2020-2028) ($MN)
137 Middle East & Africa Hydroponic Nutrients Market Outlook, By Pepper (2020-2028) ($MN)
138 Middle East & Africa Hydroponic Nutrients Market Outlook, By Leafy Greens (2020-2028) ($MN)
139 Middle East & Africa Hydroponic Nutrients Market Outlook, By Strawberries (2020-2028) ($MN)
140 Middle East & Africa Hydroponic Nutrients Market Outlook, By Other Crop Types (2020-2028) ($MN)
141 Middle East & Africa Hydroponic Nutrients Market Outlook, By Application (2020-2028) ($MN)
142 Middle East & Africa Hydroponic Nutrients Market Outlook, By Vegetables (2020-2028) ($MN)
143 Middle East & Africa Hydroponic Nutrients Market Outlook, By Crops (2020-2028) ($MN)
144 Middle East & Africa Hydroponic Nutrients Market Outlook, By Other Applications (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
