Latest Developments in Global Hydroponics Market

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Latest Developments in Global Hydroponics Market

  • Agriculture And Animal Feed
  • May 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In May 2023, AeroFarms entered into a strategic partnership with Amazon Fresh, ensuring its products are available both through Amazon’s online channels and across all physical Amazon Fresh retail locations. This collaboration is expected to significantly expand AeroFarms’ consumer reach and visibility, supporting the growth of hydroponic produce in mainstream markets
  • In October 2022, GrowGeneration Corp (GRWG) inaugurated its first hydroponic retail outlet in Richmond, Virginia, spanning 9,000 square feet. With additional leases secured for new stores in Mount Holly, NJ, and Hazelwood, MO, GRWG plans to establish operations in 17 states, reinforcing its footprint in the fast-growing hydroponics sector
  • In July 2022, Bustanica launched the world’s largest hydroponic farm following a USD 40 million investment, developed in collaboration with Emirates Flight Catering (EKFC) and Crop One. Positioned as a technological milestone for sustainable indoor agriculture, the project marks a major advancement for food security and hydroponic innovation globally
  • In February 2022, Silal, a leading fresh produce and agri-tech company based in Abu Dhabi, signed a Memorandum of Understanding (MoU) with AeroFarms to foster long-term research and knowledge exchange. The partnership is designed to transfer advanced hydroponic farming systems to local farmers, promoting sustainable agricultural development in the region
  • In January 2022, Hydrobuilder Holdings LLC, a global omnichannel provider of specialty agriculture and hydroponic equipment, announced the acquisition of New England Hydroponics. This acquisition aims to enhance the company's market presence and strengthen its global competitive positioning in hydroponics retail
  • In December 2020, GrowGeneration Corp. completed the acquisition of Grassroots Hydroponics, a three-store chain specializing in hydroponic garden supplies located in Southern California. This move is intended to boost GRWG's retail presence and solidify its market leadership in the U.S. hydroponics industry