Global Hydroponic Growth Medium and Nutrients Market - Top 3 Trends by Technavio Business Wire LONDON -- October 5, 2017 Technavio’s latest market research report on the global hydroponic growth medium and nutrients market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171005005911/en/ Technavio has published a new report on the global hydroponic growth medium and nutrients market fro ... Technavio has published a new report on the global hydroponic growth medium and nutrients market from 2017-2021. (Graphic: Business Wire) According to Shikha Kaushik, a lead analyst at Technavio for retail goods and services research, “The global hydroponic growth medium and nutrients market is expected to post a CAGR of more than 13% during the forecast period. Commercial and residential users are the prime end-user segments for the market. The demand for crops has been increasing steadily due to constant growth in the global population.” This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. The top three emerging market trends driving the global hydroponic growth medium and nutrients market according to Technavio research analysts are: * Growing market for hydroponic growth medium and nutrients * Increasing incorporation of innovative technologies * Growing online retail Looking for more information on this market? Request a free sample report Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. Growing market for hydroponic growth medium and nutrients Hydroponics provides more yield than the traditional farming methods. Nutrients and medium are the two types of inputs which are used apart from the equipment used in the system. The two major types of nutrients used are micronutrients and macronutrients. Countries like the Netherlands, Spain, and France in Europe are engaged in the usage of hydroponics smart greenhouse cultivation. Moreover, Scandinavian countries use the hydroponic method of agriculture because growing crops during the winter is very difficult. Exotic plants, which cannot be grown in certain countries due to its climatic conditions, can be grown easily using the hydroponic system. Thus, it makes almost all types of vegetables and fruits available in most of the countries throughout the year. Increasing incorporation of innovative technologies To stay competitive and to increase the consumer base, key vendors are focusing on innovating and introducing new and modified products to enhance sales. Rapid advances in technology ensure the development of hydroponic systems that provide better performance in terms of quality. For instance, Niwa is a smartphone-operated plant growing system, which is connected to the Internet as well as Niwa app. The system is easy to operate, fully automated, and provides proper growing conditions for individual crop types. Thus, it becomes easy for consumers to grow their own crop. “Urban Cultivator is an enclosed hydroponic system designed for those living in extreme weather to grow their own veggies and herbs throughout the year. It requires only a dose of organic fertilizer once a week and a water hook up. Such innovative technologies in the market are expanding the growth of the global hydroponic growth medium and nutrients market,” says Shikha. Growing online retail Nowadays, individuals prefer to shop online rather than from physical stores due to their hectic schedules. Growing Internet penetration and the rise in the adoption of digital products, such as tablets, smartphones, and laptops, have boosted the online sales of hydroponic products. Quick delivery services and competitive price are the major factors for the growth of online retailing worldwide. Increased Internet penetration and growing consumer base, combined with faster shipping services and changing demands of consumers, will play a significant role in the growth of this channel during the forecast period. Online retailers, such as Amazon.com, AliExpress.com, eBay, and many more, provide hydroponic growth medium and nutrients. Thus, the availability of hydroponic growth medium and nutrients online will boost up the sales and number of potential customers during the forecast period. Browse Related Reports: * Global Precision Food Thermometers Market 2017-2021 * Retail Market in Indonesia 2017-2021 * Global Luxury Watch Market 2017-2021 About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. If you are interested in more information, please contact our media team at email@example.com. View source version on businesswire.com: http://www.businesswire.com/news/home/20171005005911/en/ ./ContentItem/Format Global hydroponic growth medium and nutrients market is set to post a CAGR of over 13% from 2017-2021. @Technavio Multimedia Available:http://www.businesswire.com/news/home/20171005005911/en/ Contact: Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 www.technavio.com
Global Hydroponic Growth Medium and Nutrients Market - Top 3 Trends by Technavio
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