#Hydroponic #Hydroponics #HydroponicMarket #HydroponicMarketSize #GlobalHydroponicMarket
#KDMarketInsights
The global hydroponics market accounted for USD 5,223.7 Million in 2017. Further, the market is expected to reach to a valuation of USD 13,842.3 Million by the end of 2023. Moreover, it is anticipated to flourish at a CAGR of 20.7% during the forecast period i.e. 2018-2023. The market is driven by its benefit such as higher yield as compared to traditional farming methods. As the population grows, the demand for food is rising. This factor is envisioned to bolster the growth of the market in the upcoming years.
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