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Hydroponic Crop Farming in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hydroponic Crop Farming Market Research Report | Life Sciences | Food Science | Sep 2013

Weatherproof: Rising food prices and extreme weather conditions will cultivate industry growth

The Hydroponic Crop Farming market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Eurofresh Farms Eurofresh Farms market share
Village Farms Village Farms market share
Industry Statistics & Market Size
Revenue
$607m
Annual Growth 08-13
3.6%
Annual Growth 13-18
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Profit
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Employment
6,680
Businesses
3,156
Industry Analysis & Industry Trends

Cropping up

The Hydroponic Crop Farming industry remained resilient during the recession, due to consistently high demand for healthy and organic produce. With extreme weather conditions damaging many crops for fresh field farmers, grocery stores and other markets turned to the industry to satisfy their demand. This factor will continue to benefit firms over the next five years, as consumers increasingly demand organic and local food.... purchase to read more

Industry Report - Industry Analysis Chapter

While the Hydroponic Crop Farming industry is small compared with other industries in the agricultural sector, it has been rather resilient to the economic downturn, with revenue growing in four out of the past five years. IBISWorld expects revenue to increase at an average annual rate of 3.6% from 2008 to 2013, largely a result of the rising price of vegetables. The aging and health-conscious baby boomer population, an increased focus on healthy eating and changing weather conditions have also cushioned most of the recession's ill effects. As the economy rebounds, most budgetary restrictions have been directed toward discretionary purchases rather than fresh food. As a result, revenue in 2013 is expected to grow by 4.9% to an estimated $606.8 million... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hydroponic Crop Farming Industry?

Hydroponics is a method of growing plants using mineral nutrient solutions in water, without soil. Operators in this industry generally grow food crops under glass or protective cover.

Industry Products
TomatoesCucumbersPeppersOther crops
 
Industry Activities
Hydroponic greenhouse tomato farmingHydroponic greenhouse cucumber farmingHydroponic greenhouse bell pepper farmingOther hydroponic greenhouse vegetable farmingHydroponic greenhouse fruit production


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