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Hydroponic Crop Farming in the US Industry Data and Analysis
The hydroponic farming industry has seen revenue shrink over the current period, declining at a CAGR of 1.2% since 2020 to reach $499.04 million after growing 0.3% in 2025. Intensifying import competition, especially from Mexico and Canada, has increased the share of demand filled by imports, giving buyers more substitution options. Domestic growers are meanwhile under pressure due to rising production and labor costs, with wage struggles exacerbated by reliance on the costly H-2A guest worker program. Agricultural workforce shortages also create volatility in the harvesting and production capabilities of hydroponic operations. Price softness remains a challenge, but urban markets have offered a bright spot where proximity to consumers and fresh produce demand have continued to attract businesses despite broader industry challenges.
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What's included in this industry analysis
IBISWorld's research coverage on the Hydroponic Crop Farming industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released November 2025.
About this industry
What's this industry report about?
The Hydroponic Crop Farming industry in the United States operates under the NAICS industry code OD4012. Hydroponics is a method of growing plants using mineral nutrient solutions in water, without soil. Farmers in this industry generally grow food crops, such as tomatoes, cucumbers, peppers, herbs and strawberries, under glass or a protective cover. Related terms covered in the Hydroponic Crop Farming industry in the United States include hydroponic, open field farming and organic.
What's included in this industry?
Products and services covered in Hydroponic Crop Farming industry in the United States include Tomatoes, Lettuce and Fresh herbs.
What companies are included in this industry?
Companies covered in the Hydroponic Crop Farming industry in the United States include NatureSweet Ltd., Village Farms International Inc. and Gotham Greens.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Hydroponic Crop Farming industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Hydroponic Crop Farming industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Hydroponic Crop Farming industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Hydroponic Crop Farming industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Hydroponic Crop Farming industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Hydroponic Crop Farming industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Hydroponic Crop Farming industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Hydroponic Crop Farming industry in the United States.
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Frequently Asked Questions
What is the market size of the Hydroponic Crop Farming industry in the United States in 2026?
The market size of the Hydroponic Crop Farming industry in the United States is $499.0m in 2026.
How many businesses are there in the Hydroponic Crop Farming industry in the United States in 2025?
There are 2,120 businesses in the Hydroponic Crop Farming industry in the United States, which has grown at a CAGR of 3.5 % between 2020 and 2025.
How may import tariffs affect the Hydroponic Crop Farming industry in the United States?
The Hydroponic Crop Farming industry in the United States is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.
How may export tariffs affect the Hydroponic Crop Farming industry in the United States?
The Hydroponic Crop Farming industry in the United States is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.
Has the Hydroponic Crop Farming industry in the United States grown or declined over the past 5 years?
The market size of the Hydroponic Crop Farming industry in the United States has been declining at a CAGR of 1.2 % between 2020 and 2025.
What is the forecast growth of the Hydroponic Crop Farming industry in the United States over the next 5 years?
Over the next five years, the Hydroponic Crop Farming industry in the United States is expected to grow.
What are the biggest companies in the Hydroponic Crop Farming industry in the United States?
The biggest companies operating in the Hydroponic Crop Farming industry in the United States are NatureSweet Ltd., Village Farms International Inc. and Gotham Greens
What does the Hydroponic Crop Farming industry in the United States include?
Hydroponic greenhouse tomato farming and Hydroponic greenhouse cucumber farming are part of the Hydroponic Crop Farming industry in the United States.
Which companies have the highest market share in the Hydroponic Crop Farming industry in the United States?
The company holding the most market share in the Hydroponic Crop Farming industry in the United States is NatureSweet Ltd..
How competitive is the Hydroponic Crop Farming industry in the United States?
The level of competition is moderate and steady in the Hydroponic Crop Farming industry in the United States.
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