Top Hydroponics Companies

Global Hydroponics Market size was valued at USD 13.99 Billion in 2023 and is poised to grow from USD 16.17 Billion in 2024 to USD 51.57 Billion by 2032, growing at a CAGR of 15.6% in the forecast period (2025-2032).

The global hydroponics industry is highly competitive, driven by innovation, sustainability and technological advancements. Leading companies such as AeroFarms, BrightFarms and FreightFarms are leading the market with vertical farming and container-based solutions, with an emphasis on efficiency. Companies such as HydroFarm Holdings Group, General Hydroponics and Scotts Miracle Grow offer essential tools, nutritional solutions, and focus on growing programs upgrading, ensuring greater accessibility. 'AeroFarms', 'BrightFarms', 'Hydrofarm Holdings Group', 'Signify (Philips Lighting)', 'Scotts Miracle-Gro Company', 'AmHydro', 'Freight Farms', 'LumiGrow', 'General Hydroponics', 'Green Sense Farms', 'Village Farms International', 'Heliospectra AB', 'Argus Control Systems', 'Netafim', 'CropKing Inc.'

The hydroponics market is driven by the rising adoption of organic farming practices. Organic farming has become more prevalent in recent years with the increase in consumers awareness of the potential risks associated with conventional farming practices. This technology helps to provide a controlled environment that can help to eliminate these risks and provide consumers with fresh, healthy and safe produce. Organic hydroponics combines the benefits of hydroponic systems with the principles of organic farming, such as avoiding synthetic pesticides and fertilizers, maintaining soil health and using sustainable farming practices.

Increasing Global Population and Limited Arable Land: Hydroponics allows for controlled growing environments, which can help to produce crops that are free from pests, diseases, and contaminants. There's a growing strain on available agricultural land with the global population constantly rising. Consumers are increasingly demanding fresh, high-quality produce. Hydroponics offers a way to cultivate the crops without needing soil, making it a viable option in areas with limited arable land.

Asia Pacific dominated the hydroponics market and accounted for the largest revenue share of 35.6% in 2024, owing to the substantial adoption of hydroponics in China, Australia, South Korea, and other such countries. The market in China and India is expected to escalate significantly during the forecast period due to emerging urban hydroponic farms. Countries like Japan, China, and Singapore are at the forefront, investing heavily in vertical farming, automation, and controlled-environment agriculture. The region's focus on food security, resource conservation, and sustainable farming methods further accelerates market growth. Asia Pacific, with its rapidly increasing urbanization and limited arable land, is experiencing a surge in hydroponic farming to meet the growing demand for fresh produce. As per hydroponics market outlook, North America holds a high potential for growth on account of numerous companies located in the region and the growing adoption of alternative farming techniques in urban areas. Some of the prominent market players in North America include AeroFarms (U.S.), AMHYDRO (U.S.), Argus Control Systems Limited (Canada), and LumiGrow (U.S.). The U.S. and Canada are leading the adoption of hydroponic systems, with large-scale commercial farms, research institutions, and innovative startups contributing to its expansion. North America's emphasis on sustainability, food safety, and reducing transportation costs has made hydroponics an attractive solution for urban farming, further solidifying the region’s importance in the market.