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Stock impact report

Hydroponics Market to Reach a Projected Value of Over $14 Billion by 2024 with Europe Leading Growth [Yahoo! Finance]

Hydrofarm Holdings Group, Inc. (HYFM) 
Company Research Source: Yahoo! Finance
to 2029: System Types, Input Types and Crop Types" report has been added to ResearchAndMarkets.com's offering. This report reviews, analyzes and projects the global Hydroponics market for the period 2020-2029 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2023 through 2029. Scarcity of arable land, depleting water resources and migration of people from rural to urban areas in search of adequate livelihood are having a huge adverse impact on agriculture the world over. Coupled with these is the fact that population growth is continuing unabated and forests are being cut down to accommodate this growing mass of people, resulting in climate change. Even with these detrimental factors playing a vital role in decreased agricultural output, the use of open-field agriculture is widely prevalent worldwide, with no consideration given to thousands of acres becoming useless for farming. As a consequence, agriculturists are now being forced to ado Show less Read more
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