Hydroponics Market 2024-2030: Size, Share, Trends, and Key Players Analysis - PowerPoint PPT Presentation
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Hydroponics Market 2024-2030: Size, Share, Trends, and Key Players Analysis
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The global hydroponics market is expected to grow at a CAGR of 13.4% from 2024 to 2030, reaching a value of US$ 29.7 billion by 2030, up from US$ 13.9 billion in 2024. Hydroponics revolutionizes traditional farming by cultivating plants in nutrient-rich water solutions, offering faster growth and higher yields without soil. Key drivers include increasing population demands, shrinking arable land, and the need for sustainable agriculture. Hydroponics addresses these challenges by maximizing space efficiency, optimizing water usage, and providing locally sourced, fresh produce. Advancements in technology, affordability, and the integration of smart technologies further enhance the market's potential for productivity and scalability. – PowerPoint PPT presentation
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Title: Hydroponics Market 2024-2030: Size, Share, Trends, and Key Players Analysis
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