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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

IBISWorld’s Hydroponic Crop Farming market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Key Buyers Chapter

Concentration in the Hydroponic Crop Farming industry is low. The two largest companies, Eurofresh Farms and Village Farms International, hold an estimated 34.0% share of the market. These players benefit from managing their own distribution networks and marketing agreements, which have enabled them to increase their market share over the five years to 2013. In addition, their revenue figures have attracted the attention of large private equity and hedge fund managers, who have helped them access debt markets to fund expansion. In contrast, the rest of the industry is composed of small farms, with the average farm earning about $192,391 annually... 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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