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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - Starting a New Business Chapter

Overall, the Hydroponic Crop Farming industry has moderate barriers to entry. The most significant barriers are the capital investment requirements associated with establishing a hydroponic farm and obtaining the required licenses to sell fresh produce. Setting up a hydroponic farm from the ground up requires considerable investment. New participants need to purchase or lease land, greenhouses and essential equipment, such as climate monitors, irrigation systems and heating and cooling systems. Hopeful entrants may have difficulty securing financing for these costs, given the high level of industry volatility.

New operators hoping to compete with the large commercial hydroponic growers may also be deterred by the difficulty in obtaining contracts with downstream markets... 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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