Hydroponics Market is poised to gravitate to the new highs with an estimated CAGR of 6.5% During 2017-2025
With the IT industry heavily investing into devising new technologies to disrupt the customary systems, agriculture has been a broad segment expecting a revolution. Advancements in agricultural infrastructures such as vertical farming have received a significant amount of traction with its virtue to cultivate plants by optimizing the space, especially in urban areas. Since, the optimum utilization of space limits the soil and water requisites, hydroponic systems are deemed as a designated solution underpinning the growth of the crops and vegetables. As a result, the global hydroponics market is poised to gravitate to the new highs with an estimated CAGR of 6.5% and market valuation worth US$12.1 Bn by the end of 2025. With hydroponics, the environmental settings are completely favourable to the crops, thereby, curtailing any fertilizer or pesticide requisites. With enhanced efficiency and a sterile environment, the hydroponics cultivation procedures produce higher yields with lesser ...