Canada Hydroponics Market Size & Outlook, 2023-2030
Canada hydroponics market, 2017-2030 (US$M)
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Canada hydroponics market highlights
- The Canada hydroponics market generated a revenue of USD 427.8 million in 2023 and is expected to reach USD 993.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
- In terms of segment, aggregate systems was the largest revenue generating type in 2023.
- Liquid Systems is the most lucrative type segment registering the fastest growth during the forecast period.
Hydroponics market data book summary
| Market revenue in 2023 | USD 427.8 million |
| Market revenue in 2030 | USD 993.1 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Aggregate systems |
| Fastest growing segment | Liquid Systems |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aggregate Systems, Liquid Systems |
| Key market players worldwide | Argus Worldwide Corp, Heliospectra, AeroFarms, AmHydro, UrbanKisaan |
Other key industry trends
- In terms of revenue, Canada accounted for 8.5% of the global hydroponics market in 2023.
- Country-wise, UK is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. hydroponics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 720.2 million by 2030.
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Hydroponics Market Scope
Hydroponics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada hydroponics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hydroponics market will help companies and investors design strategic landscapes.
Aggregate systems was the largest segment with a revenue share of 54.3% in 2023. Horizon Databook has segmented the Canada hydroponics market based on aggregate systems, liquid systems covering the revenue growth of each sub-segment from 2017 to 2030.
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Our clientele includes a mix of hydroponics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada hydroponics market , including forecasts for subscribers. This country databook contains high-level insights into Canada hydroponics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada hydroponics market size, by type, 2017-2030 (US$M)
Canada Hydroponics Market Outlook Share, 2023 & 2030 (US$M)
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