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8/2/2021 India Hydroponics Market Size, Share | Insight by 2028

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India Hydroponics Market, Size, Share, Growth, Trends, Insight and Industry
Forecast, 2021-2028
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> India Hydroponics Market Expected to reach a high CAGR of 13.53% By 2027: DataM Intelligence

REPORT SUMMARY TABLE OF CONTENTS LIST OF TABLES & FIGURES FAQ

India Hydroponics Market is segmented By Technology (Nutrient Film Technique, Drip


System, Ebb & Flow/ Flood & Drain System, Others), By Type (Outdoor Farming, Indoor
Farming), By Produce Type (Fruits and Vegetables, Tomato, Strawberry, Bell Pepper,
Leaf y Vegetables, Cucumber, Others, Flowers), and By Region (Andhra Pradesh,
Telangana, Gujarat, Haryana, Maharashtra, Others) – Share, Size, Outlook, and
Opportunity Analysis, 2020-2027

Market Over view


The India Hydroponics Market is expected to grow at a CAGR of 13.53% during the forecasting
period (2020-2027).
Hydroponics, a subset of hydroculture, is a growing plant without soil, using mineral nutrient
solutions in a water solvent. Factors like depleting water resources, gradually decreasing land
under cultivation and reducing infertility of the soil, etc., are raising the need to invent innovative
and fruitful cultivation methods. Hydroponics is one such revolutionary method of farming.
Urbaankisaan is currently developing a commercial hydroponics plant in Hyderabad to produce 10
tonnes of yield per month and further expand its operation to Mumbai and Bangalore. India's
hydroponics market is experiencing the establishment of new commercial plants in tier 1 cites in
collaboration
Our Research between
Experts regionalthe
are tracking producers
impact ofand global technology
COVID-19 on various providers to meetallthe
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industry verticals
demand for exotic and
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organic foods.
market reports are incorporated with these insights.
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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

Strawberries 20-25 tons 50 tons

Cucumber 15-20 tons 200 tons

Tomato 10-12 tons 180-200 tons

Bell Pepper 10-12 tons 120-140 tons

Potato 8-10 tons 60-70 tons


Our Research Experts are tracking the impact of COVID-19 on various domains across all industry verticals
Cabbage 6-7 tons 10-12 tons
and our market reports are incorporated with these insights.
However, Lack of awareness among the farming communities regarding hydroponics and High
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and on our website
maintenance one of a kind. By
cost associated continuing
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hydroponics aresitethe
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hampering the market growth globally. The major farming communities located across the understand!

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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.
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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,
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Identify commercial opportunities in the Indian hydroponics market by analyzing trends and co-
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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

3. India Hydroponics Market – Executive Summary


3.1 Market Snippet by Technology
3.2 Market Snippet by Type
3.3 Market Snippet by Produce Type
3.4 Market Snippet by Region
4. India Hydroponics Market Dynamics
4.1 Market Impacting Factors
4.1.1 Drivers
4.1.1.1 Growing
Our Research Experts demand
are tracking for sustainable
the impact and protected
of COVID-19 on various farming
domains practices
across all industry verticals
4.1.1.2 The
andhigher yield ofreports
our market crops grown under hydroponic
are incorporated facility
with these over traditional farming
insights.
4.1.2 Restraints
4.1.2.1your
We use cookies to make Lack of awareness
experience amongone
on our website theoffarming
a kind. Bycommunities regarding
continuing to use hydroponics
our site you are agreeing I
4.1.2.2 High initial investment andpolicies.
to our maintenance cost associated with hydroponics understand!
4 1 3 Opportunity
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8/2/2021 India Hydroponics Market Size, Share | Insight by 2028
4.1.3 Opportunity
4.1.4 Impact Analysis
5. India Hydroponics Market – Industry Analysis
5.1 Porter's Five Forces Analysis
5.2 Supply Chain Analysis
6. India Hydroponics Market – By Technology
6.1 Introduction
6.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
6.1.2 Market Attractiveness Index, By Technology
6.2 Nutrient Film Technique*
6.2.1 Introduction
6.2.2 Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-
2026
6.3 Drip System
6.4 Ebb & FLow/ Flood & Drain System
6.5 Others
7. India Hydroponics Market – By Type
7.1 Introduction
7.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
7.1.2 Market Attractiveness Index, By Type
7.2 Outdoor Farming*
7.2.1 Introduction
7.2.2 Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-
2026
7.3 Indoor Farming
8. India Hydroponics Market – By Produce Type
8.1 Introduction
8.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Produce Type
8.1.2 Market Attractiveness Index, By Produce Type
8.2 Fruits and Vegetables *
8.2.1 Introduction
8.2.2 Market Size Analysis, USD Million, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-
2026
8.2.2.1 Tomato
8.2.2.2 Strawberry
8.2.2.3 Bell Pepper
8.2.2.4 Leafy Vegetables
8.2.2.5 Cucumber
8.2.2.6 Others
8.3 Flowers
9. India Hydroponics Market Competitive Landscape
9.1 Competitive Scenario
9.2 Market Positioning/Share Analysis
9.3 Mergers and Acquisitions Analysis
10. India Hydroponics Market Company Profi les
10.1 Triton Foodworks*
Our Research10.1.1
Experts are tracking
Company Overviewthe impact of COVID-19 on various domains across all industry verticals
10.1.2 Product Portfolio and reports
and our market are incorporated with these insights.
Description
10.1.3 Key Highlights
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Financial Overviewon our website one of a kind. By continuing to use our site you are agreeing I
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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

List of Tables & Figures


List of Tables
Table 01           India Hydroponics Market Value, By Technology, 2018,2022 & 2027 (USD Million)
Table 02           India Hydroponics Market Value, By Type, 2018,2022 & 2027 (USD Million)
Table 03           India Hydroponics Market Value, By Produce Type, 2018,2022 & 2027 (USD Million)
Table 04           India Hydroponics Market Value, By Region, 2018,2022 & 2027 (USD Million)
Table 05 India Hydroponics Market Value By Technology 2018 2022 & 2027 (USD Million)
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Frequently asked questions


Q. Who are the leading players in the India Hydroponics Market?
A.  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.
Q. At what CAGR is the India Hydroponics Market anticipated to augment?
A. The India Hydroponics Market is projected to strike 8.3% CAGR
Q. What is the key driving factor of the India Hydroponics Market?
A G i d d f t i bl d t t d f i ti d hi h i ld f
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