Overview

Greenhouse growth: Rising food prices and extreme weather conditions will cultivate growth

The Hydroponic Crop Farming Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Revenue will continue climbing as demand for local and organic produce heightens
  • Extreme weather adversely affected fresh field farmers, spurring demand for industry crops
  • Fresh produce consumption will grow as disposable income rises, spurring industry growth

  • shopping_cartBUY NOW TO READ MORE

    Industry Analysis & Industry Trends

    Over the five years to 2016, revenue for the Hydroponic Crop Farming industry has maintained positive growth, as a growing number of individuals shifted to healthy eating and consuming organic produce, resulting in high demand. In addition, extreme weather conditions damaged many crops for fresh field farmers, so grocery stores and farmers' markets quickly turned to hydroponic farmers to meet their demand. As revenue and downstream demand continue to expand in the next five years, the number of enterprises is projected to grow. Many of these new companies will focus exclusively on growing organic fruits and vegetables to help meet demand at fresh markets. Meanwhile, other operators will start farms to provide goods solely on a local basis...

    shopping_cartBUY NOW 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. Far..

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Hydroponic Crop Farming Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Hydroponic Crop Farming Industry are

  • Production of premium produce
  • Ability to attract local support
  • Automation reducing costs, particularly labor
  • IBISWorld analysts also discuss how external factors such as Price of vegetables and Per capita fruit and vegetable consumption in the Hydroponic Crop Farming industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Industry Products

    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
    Tomatoes
    Lettuce
    Fresh herbs
    Cucumbers
    Peppers
    Strawberries
    Other food crops
    Industry Activities
    Hydroponic greenhouse tomato farming
    Hydroponic greenhouse cucumber farming
    Hydroponic greenhouse bell pepper farming
    Other hydroponic greenhouse vegetable farming
    Hydroponic greenhouse fruit production

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Price of vegetables
  • Per capita fruit and vegetable consumption
  • Healthy eating index
  • Trade-weighted index

  • Current Performance
  • Consumption trends
  • Healthy demand
  • Operating landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Healthier habits
  • Opportunities and threats
  • Table: Hydroponic Crop Farming Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Hydroponic Crop Farming Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Fruit & Vegetable Wholesaling
  • Supermarkets & Grocery Stores
  • Chain Restaurants
  • Single Location Full-Service Restaurants
  • Consumers

  • Key Selling Industries
  • Farm, Lawn & Garden Equipment Wholesaling
  • Pesticide Manufacturing
  • Utilities
  • Water Supply & Irrigation Systems

  • Products & Services
  • Tomatoes
  • Other food crops
  • Cucumbers
  • Fresh herbs
  • Lettuce
  • Peppers
  • Strawberries
  • Chart: Hydroponic Crop Farming Industry Products and Services Segmentation

  • Demand Determinants
  • Dietary trends
  • Quality and consumer preferences
  • Price
  • Household incomes
  • Product attributes

  • Major Markets
  • Supermarkets and food service providers
  • Food Processors
  • Fresh food wholesalers
  • Consumers
  • Exports
  • Chart: Major Market Segmentation for the Hydroponic Crop Farming Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases and utilities
  • Wages
  • Depreciation and other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Hydroponic Crop Farming

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Hydroponic Crop Farming Industry

  • Industry Globalization
    Major Companies
    NatureSweet Ltd.Houweling's TomatoesVillage Farms International Inc.
  • Table: NatureSweet Ltd. - financial performance
  • Table: Houweling's Tomatoes - financial performance
  • Table: Village Farms International Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Hydroponic Crop Farming Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Hydroponic Crop Farming Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Price of Vegetables (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Fresh Field Farmers
  • A method of growing plants using soil and fertilizer, typically conducted outdoors.
  • Hydroponic
  • A method of growing plants using mineral nutrient solutions, in water, without soil.
  • Organic
  • Foods that are produced using methods that do not include synthetic pesticides, chemical fertilizers or genetically modified organisms.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Hydroponic Crop Farming:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Hydroponic Crop Farming market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Hydroponic Crop Farming, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Join IBISWorld today

    Contact Us

    Want to speak to a representative? Call us.

    clear