Professional Documents
Culture Documents
NEW
INDUSTRY COVID- OUR CONTACT ABOUT
HOME VERTICALS 19 METHODOLOGY US US RESOURCES
India Hydroponics Market, Size, Share, Growth, Trends, Insight and Industry
Forecast, 2021-2028
SKU: DMAG2104 | Last Updated On: Feb 05 2021 | No. of Pages: 180 | Available Formats
REPORT CUSTOMIZATION
> India Hydroponics Market Expected to reach a high CAGR of 13.53% By 2027: DataM Intelligence
https://www.datamintelligence.com/research-report/india-hydroponics-market# 1/9
8/2/2021 India Hydroponics Market Size, Share | Insight by 2028
Market Dynamics
Growing demand for sustainable and protected farming practices and higher yield of crops grown
under hydroponic facilities over traditional farming are the driving factors for its growth. According
to the study published by V.Chandrshekaran, a founder of a hydroponics technology company, the
average yield of lettuce per acre yearly was recorded between 9-10 tons in soil-based agriculture
and 300-400 tons in hydroponics agriculture. Increased hydroponics' investment rate over the
traditional soil-based agricultural process through increased yield and minimal water cultivation
might further boost the agricultural communities towards adopting the hydroponics technologies
during the forecast period.
Soil Agriculture Avg per Acre Hydroponics Agriculture Avg per acre
Vegetable Type
Lettuce 9-10 tons 300-400 tons
https://www.datamintelligence.com/research-report/india-hydroponics-market# 2/9
8/2/2021 India Hydroponics Market Size, Share | Insight by 2028
country have minimum knowledge of hydroponics, and they are majorly into competitive farming.
The lack of word of mouth regarding hydroponics technologies from one farming communities to
another led to a low understanding of farmers worldwide' technology.
Market Segmentation
By technology, the India Hydroponics market is segmented into nutrient film technique, drip
system, ebb & flow/flood drain system, and others. The nutrient film technique segment is
estimated to reach a market valuation of USD XX thousand by 2027 from an initial market value of
USD 1286.64 thousand in 2018. In the Nutrient film technique, the roots are directly exposed to the
nutrient solution. A thin film of nutrient solution flow through the channels, and these channels are
made of a flexible sheet. The products suited for production under nutrient film techniques include
lettuce, different herbs, and baby greens.
The average cost per installation of Nutrient Film Technique gulleys in 1 acre varies between 23,000
and 30,000. Commercial growers across the region are currently deploying Nutrient Film Technique
systems. The low-cost, high productivity nature of the system and increasing investment by the
current hydroponic growers in this technology to boost leafy greens' production are the major
factors driving the nutrient film segment in the Indian hydroponics market.
By product type, the India Hydroponics market is segmented into fruits & vegetables, and flowers.
The fruits & vegetable segment is estimated to reach a USD XX thousand market value by
2027 from an initial market value of USD 2544.15 thousand in 2018. The market is estimated to grow
at a CAGR of 13.53% in the forecasted period 2020-2027. The fruits & vegetable segments are
further segmented into tomatoes, strawberries, cucumber, leafy vegetables, bell pepper, and
others. These products are produced majorly through nutrient film technique, deep water culture,
and Dutch bucket technique.
The consumer markets for hydroponically produced fruits and vegetables include retail and hotels,
fast food chains, railway catering, foreign food service companies, defense establishments, and
NGOs. Leafy Vegetables dominates India's fruits and vegetables due to the growing demand for
high-quality fresh lettuce by the commercial institutions, food chains, and restaurants to meet the
daily requirements are boosting the market for hydroponically produced leafy greens such as
lettuce. Currently, India is importing 85% of exotic vegetables from neighboring countries, and it is
expected to grow at a growth rate of 15-20% per year.
Competitive Landscape
The key strategies adopted by prominent players in the Indian hydroponics market are establishing
new commercial plants in tier 1 in collaboration between regional producers and global technology
providers to meet the growing demand for exotic and organic foods.
The major players include DS Group, Letectra Agritech Pvt Ltd, Sparsh Bio Life, Neoterra Farming
Technologies Pvt Ltd, Delhiponics, Hydroherbs, Simply Fresh Inc, Junga Freshngreen Pvt Ltd, Triton
Food Works Pvt Ltd., and Fresco.
Over the next few years, the market might experience huge competition through major food
chains across the globe establishing their hydroponics farms in India.
In June 2017, The Triton Food Works Pvt Ltd established five farms in Karnataka, Maharashtra, and
Delhi grabbing INR 1 Crore's revenue in 2017.
In February 2017, Infra Co Asia Development Pte Ltd. entered into a strategic agreement with
Junga Freshgreen Pvt ltd to develop 9.3 hectares hydroponic-based agricultural facility in Junga,
North India.
Our Research Experts are tracking the impact of COVID-19 on various domains across all industry verticals
Why Purchase the andReport?
our market reports are incorporated with these insights.
Visualize the Indian hydroponics' composition in terms of various types of technologies, types,
We use cookies to maketypes,
and product your experience on our
highlighting thewebsite one of a kind.assets
key commercial By continuing to use our site you are agreeing
and players. I
to our policies. understand!
Identify commercial opportunities in the Indian hydroponics market by analyzing trends and co-
https://www.datamintelligence.com/research-report/india-hydroponics-market# 3/9
8/2/2021 India Hydroponics Market Size, Share | Insight by 2028
Identify commercial opportunities in the Indian hydroponics market by analyzing trends and co
development deals.
Excel data sheet with thousands of data points of India hydroponics market-level 4/5
segmentation.
A PDF report with the most relevant analysis cogently put together after exhaustive qualitative
interviews and in-depth market study.
Product mapping in excel for the key product of all major market players
The India Hydroponics report would provide approximately 42 data tables, 26 fi gures, and 120
pages.
Target Audience
Service Providers/ Buyers
Industry Investors/Investment Bankers
Education & Research Institutes
Research Professionals
Emerging Companies
Manufacturers
Related Topic's
Hydroponics Market
Table of Contents
1. India Hydroponics Market Methodology and Scope
1.1 Research Methodology
1.2 Research Objective and Scope of the Report
2. India Hydroponics Market – Market Defi nition and Over view
https://www.datamintelligence.com/research-report/india-hydroponics-market# 5/9
8/2/2021 India Hydroponics Market Size, Share | Insight by 2028
10.3 DS Group
10.4 Sparsh Bio Life
10.5 Simply Fresh Inc.
10.6 HydroHerbs
10.7 Delhiponics
10.8 Neoterra Farming Technologies Private Limited
10.9 Junga FreshnGreen
10.10 Fresco ("List not exhaustive")
11. India Hydroponics Market – DataM
11.1 Appendix
11.2 About Us and Services
11.3 Contact Us
Our Research Experts are tracking the impact of COVID-19 on various domains across all industry verticals
Did not fi nd what you were looking for?
and our market reports are incorporated with these insights.
Every 7 out of 10 customers request tailored reports. Get yours today!
We use cookies to make your experience on our website one of a kind. By continuing to use our site you are agreeing I
to our policies. understand!
https://www.datamintelligence.com/research-report/india-hydroponics-market# 6/9
8/2/2021 India Hydroponics Market Size, Share | Insight by 2028
We collate your requirements. Our global research team is put into We deliver, and make sure your
action. endeavour is a success!
Name Email
Roger DuVale Roger@corp.org
Message
What are you looking for?
Submit
Buy Now
jenny.richard@company.org Send
Our Research Experts are tracking the impact of COVID-19 on various domains across all industry verticals
and our market reports are incorporated with these insights.
We use cookies to make your experience on our website one of a kind. By continuing to use our site you are agreeing I
Need Help
to our policies. understand!
https://www.datamintelligence.com/research-report/india-hydroponics-market# 7/9
8/2/2021 India Hydroponics Market Size, Share | Insight by 2028
Contact us
About us
Terms and Conditions
Privacy Policy
Company
Home
Our Methodology
Industry Verticals
Careers
Blog
Press Releases
Contact
Email:
info@datamintelligence.com
Phone:
+1 877 441 4866
Subscribe
Enter your Business Email
Industry of interest
Submit
Follow us on:
Our Research Experts are tracking the impact of COVID-19 on various domains across all industry verticals
Copyright © 2019 DataM Intelligence, All Rights Reserved. Designed and Developed by Montaigne Labs
and our market reports are incorporated with these insights.
We use cookies to make your experience on our website one of a kind. By continuing to use our site you are agreeing I
to our policies. understand!
https://www.datamintelligence.com/research-report/india-hydroponics-market# 8/9
8/2/2021 India Hydroponics Market Size, Share | Insight by 2028
Our Research Experts are tracking the impact of COVID-19 on various domains across all industry verticals
and our market reports are incorporated with these insights.
We use cookies to make your experience on our website one of a kind. By continuing to use our site you are agreeing I
to our policies. understand!
https://www.datamintelligence.com/research-report/india-hydroponics-market# 9/9