global hydroponics market during the forecast period
Hydroponics has shown to yield a greater amount of produce than conventional agricultural practices. According to the research paper ‘Comparison between Growing Plants in Hydroponic System and Soil Based System published at the 4th World Congress on Mechanical, Chemical, and Material Engineering, August 2018, plants in the hydroponic system can achieve 20–25% higher yields than a soil-based system with productivity 2–5 times higher. Hydroponics uses water 90% more efficiently and many crops can be produced twice as fast in a well-managed hydroponic system. Hence, such factors are expected to drive growth of the global hydroponics market during the forecast period.