Canada hydroponics market is
anticipated to grow significantly through 2028 due to the growing population
and reduction in arable land, changing climatic conditions and erratic weather
patterns, rising need to increase agricultural productivity, increase in demand
for fresh food products among the urban population, and growing demand for
chemical-free fruits and vegetables. As per Canadian government
reports, Canada's agri-food system contributed USD 143.9 billion to Canada's
gross domestic product (GDP) which translates to 7% of Canadian GDP in 2022.
Hydroponics is a soilless method
of growing plants using water, nutrient solutions, and sometimes an inert
growing medium. The plants are grown in a controlled environment, which allows
for precise control over the growing conditions, such as temperature, humidity,
light, and nutrient levels. Hydroponics are increasingly being used in
commercial agriculture to grow a variety of crops such as lettuce, tomatoes,
strawberries, and herbs. This method allows for year-round production, higher
yields, and faster growth compared to traditional farming methods as canadian hydroponics supplier.
Hydroponics is an excellent
method for urban farming, as it allows people to grow food in small spaces,
such as balconies, rooftops, and indoor spaces. This has become increasingly
popular in urban areas, where space for traditional agriculture is limited.
Hydroponics is also used in research and education, where scientists and
students can study plant growth and development in a controlled environment to
find new and innovative sustainable agriculture processes. According to report
Statistics Canada, Canada's gross domestic expenditures on research and
development rose to 3.1% from 2019 to USD 42.6 billion in 2021. To
reduce indoor pollution levels and for decoration purposes, hydroponics is
becoming more accessible to home gardeners, who can set up small hydroponic
systems in their homes to grow fresh produce year-round.
Hence, hydroponics is an
innovative and sustainable method of growing plants that has a wide range of
applications, from commercial agriculture to urban farming and home gardening.
The hydroponics market is expected to continue growing in the coming years, as
more people are now aware of its benefits and advantages over traditional
farming methods. Therefore, rising awareness about hydroponics is expected to
drive the Canada hydroponics market growth.
Growing Awareness of the
Benefits of Hydroponics Cultivation is Driving the Canada Hydroponics Market
Demand
The Canada hydroponics market
has witnessed a significant surge in demand in recent years, primarily driven
by the growing awareness of the benefits associated with hydroponics
cultivation. Hydroponics, a soilless method of growing plants, offers numerous
advantages over traditional soil-based agriculture, making it an attractive
option for farmers and consumers alike. In Canada, there are over
189,874 farms across the country which covers 62.2 million hectares or more
than 6% of Canada's land area.
The improved resource efficiency
that hydroponics offers is one of the key drivers behind the increasing demand
for hydroponics cultivation in Canada. Hydroponics systems are designed to use
significantly less water compared to conventional farming methods. By utilizing
recirculating systems that capture and reuse water, hydroponics can reduce
water consumption by up to 90%. This feature is particularly appealing in
regions facing water scarcity or areas where water conservation is a priority.
Additionally, hydroponics allows
for precise nutrient management. Instead of relying on soil quality, hydroponic
systems provide plants with a precisely controlled nutrient solution. This
targeted approach ensures that plants receive the necessary nutrients in
optimal quantities, resulting in faster growth, higher yields, and better crop
quality. Furthermore, hydroponics eliminates the need for chemical pesticides
and herbicides, promoting healthier and pesticide-free produce.
The rising awareness of food
safety and health concerns among consumers has also played a significant role
in driving the demand for hydroponics in Canada. With hydroponics, farmers have
better control over the growing environment, which allows to produce clean and
uncontaminated crops. Consumers are increasingly seeking out fresh and locally
grown produce that is free from harmful chemicals, making hydroponically
cultivated crops an attractive choice.
The increasing urbanization
trend in Canada has also contributed to the growth of the hydroponics market.
As cities expand, the availability of land for traditional farming diminishes.
Hydroponics presents an innovative solution to this challenge as it can be
implemented in urban settings, such as rooftops, indoor spaces, or vertical
farms. The ability to grow crops near urban centers ensures a steady supply of
fresh produce, reduces transportation costs, and minimizes the carbon footprint
associated with food distribution for canadian hydroponics supplier.
Government support and
initiatives have further propelled the growth of the hydroponics market in
Canada. The government has recognized the potential of hydroponics in
addressing food security, sustainability, and economic growth. Various funding
programs, grants, and tax incentives have been introduced to encourage the
adoption of hydroponic systems and support research and development in the
field. The Harrow Research and Development Centre in Harrow, Ontario, is a
world-renowned research facility that focuses on developing innovative
solutions for the agriculture industry. One of their successful innovations is
the Harrow Fertigation Manager, a patented computerized program that controls
the flow of nutrients to plants in greenhouses. Therefore, with continued
support from the government and advancements in technology, the Canada
hydroponics market is expected to experience sustained growth in the upcoming
years.
Download Free Sample Report
Growing Demand for Sustainable
Agricultural Practices Propels Canada Hydroponics Market Growth
The Canadian hydroponics market
has experienced rapid growth in recent years, driven by the increasing demand
for sustainable agriculture practices. Sustainable agriculture practices are
critical for environmental protection and the growth of the hydroponics market.
Hydroponics, a soilless method of growing plants, offers an innovative approach
to sustainable agriculture that can help propel the Canadian hydroponics
market's growth.
Sustainable agriculture
practices are critical for environmental protection and the growth of the
hydroponics market as traditional farming methods have contributed to soil
degradation, water pollution, and greenhouse gas emissions. Sustainable
agriculture practices, such as hydroponics, provide a sustainable alternative
that uses fewer resources while still producing high-quality crops. Hydroponics
offers several benefits, including reduced water usage, soil conservation, a
controlled environment, and increased productivity.
The demand for sustainable
agriculture practices in Canada has been increasing over the years due to
various factors. Consumers are becoming more aware of the environmental impact
of food production and are looking for sustainable alternatives. This has led
to an increase in demand for hydroponically grown produce, which is produced
using sustainable agriculture practices.
Hydroponics is becoming
increasingly popular in Canada, especially in urban areas where space for
traditional farming is limited. Hydroponic farms can be set up in small spaces,
such as rooftops, and still produce high yields of fresh produce. This has led
to an increase in the number of hydroponic farms in Canada, and the trend is
expected to continue as more farmers adopt sustainable agriculture practices.
The adoption of sustainable
agriculture practices is critical for the Canadian hydroponics market's growth.
Sustainable agriculture practices in hydroponics help to reduce the
environmental impact of farming by using fewer resources and producing less
waste. Additionally, sustainable agriculture practices in hydroponics allow for
precise control of growing conditions, resulting in higher yields of fresh and
healthy produce. Hydroponics can produce higher yields of fresh produce in a
smaller space, reducing the cost of land and labor. Additionally, hydroponics
can produce crops year-round, leading to a more stable income for farmers.
The Canadian government
recognizes the importance of sustainable agriculture practices and is
supportive of the hydroponics industry. This support has contributed to the
growth of the Canadian hydroponics market. As the world faces the challenges of
climate change and the need for food security, the adoption of sustainable
agriculture practices in hydroponics can contribute to a more sustainable and
secure food supply for Canadians.
As the world faces the
challenges of climate change and the need for food security, the adoption of
sustainable agriculture practices in hydroponics can contribute to a more
sustainable and secure food supply for Canadians. The Canadian hydroponics
market's growth is expected to continue as more farmers adopt sustainable
agriculture practices, leading to increased productivity, improved crop
quality, and economic viability to canadian hydroponics supplier.
Technological Advancements is a
Key Factor Driving the Canada Hydroponics Market
The Canadian hydroponics market
is experiencing rapid growth due to several factors, including the growing
population and the reduction of arable land. Hydroponics, a soilless method of
growing plants, provides an innovative solution to these challenges and is
driving the market's growth.
The world's population is
growing, and as a result, the demand for food is increasing. Canada is no
exception to this trend, and the country's population is expected to continue
to grow. According to Statistics Canada, the population of Canada was 38
million in 2020 and is expected to reach 43.5 million by 2030. Meanwhile, the
arable land area of Canada was 46.8 million hectares in 2016 and has declined
by 7% since 1991. This increase in population will result in a higher demand
for food, which will require new methods of food production that can be met by
hydroponics.
In addition to the growing
population, the amount of arable land is decreasing. Urbanization, soil
degradation, and climate change are some of the factors contributing to this
reduction. Arable land is defined as land that is suitable for growing crops.
With less arable land available, traditional farming methods are becoming less
efficient and more costly. Hydroponics provides a solution to the challenges of
a growing population and a reduction in arable land.
Hydroponics has several
advantages over traditional farming methods. For instance, hydroponics uses
less water than traditional farming methods because the water is re-circulated.
Hydroponics doesn't require soil, which reduces the need for land and makes it
possible to grow crops in urban areas. Hydroponics produces higher yields of
crops compared to traditional farming methods because the growing conditions
can be precisely controlled. At last, hydroponics eliminates the need for
pesticides and herbicides, making it a safer and more environmentally friendly
method of food production.
Furthermore, the Canadian
government recognizes the importance of hydroponics as a solution to the
challenges of a growing population and a reduction in arable land. The government
has provided funding for research and development, grants for small businesses,
and tax incentives for farmers who adopt sustainable farming practices. Due to
such reasons, it is expected that Canada hydroponics market is going to rise in
the forecasted period.
Market Segmentation
Canada hydroponics market is
segmented based on type, equipment, input, farming methods, crop area, crop
type, and region. Based on the type, the market is categorized into aggregate
systems and liquid systems. Based on the equipment, the market is segmented
into HVAC, LED grow lights, control systems, irrigation systems, material
handling, and others. Based on the input, the market is categorized into
nutrient and growth media. Based on the farming method, the market is categorized
into indoor and outdoor. Based on the crop area, the market is divided into up
to 1000 square feet, 1000-5000 square feet, 5001-10000 square feet, 10000-50000
square feet, and above 50000 square feet. Based on the crop type, the market is
categorized into vegetables, fruits, flowers, and others.
Market Players
Argus Control Systems Ltd.,
Biofloral Inc, Holland Industry, Inc., Hydro-Lite Hydroponics, and Hydrofarm
Canada are some of the key players in Canada hydroponics market.
|
Attribute
|
Details
|
|
Base Year
|
2022
|
|
Historic Data
|
2018 – 2021
|
|
Estimated Year
|
2023
|
|
Forecast Period
|
2024 – 2028
|
|
Quantitative Units
|
Revenue in USD Million, Volume in Metric Tonnes, and
CAGR for 2018-2022 and 2023-2028
|
|
Report Coverage
|
Revenue forecast,
volume forecast, company share, competitive landscape, growth factors, and
trends
|
|
Segments Covered
|
Type
Equipment
Input
Farming Method
Crop Area
Crop Type
|
|
Regional Scope
|
Ontario,
Quebec, The West, British Columbia, Atlantic Canada, The North
|
|
Key Companies Profiled
|
Argus Control
Systems Ltd., Biofloral Inc, Holland Industry, Inc., Hydro-Lite Hydroponics, Hydrofarm
Canada
|
|
Customization Scope
|
10% free report customization with purchase.
Addition or alteration to country, regional & segment scope.
|
|
Pricing and Purchase
Options
|
Avail customized
purchase options to meet your exact research needs. Explore
purchase options
|
|
Delivery Format
|
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
|
Report Scope:
In this report, Canada
hydroponics market has been segmented into the following categories, in
addition to the industry trends, which have also been detailed below:
- Canada Hydroponics Market, By Type:
- Aggregate Systems
- Liquid Systems
- Canada Hydroponics Market, By Equipment:
- HVAC
- LED grow light
- Control systems
- Irrigation systems
- Material handling
- Others
- Canada Hydroponics Market, By Input:
- Canada Hydroponics Market, By Farming
Method:
- Canada Hydroponics Market, By Crop Area:
- Up to 1000 Square feet
- 1000-5000 Square feet
- 5001-10000 Square feet
- 10000-50000 Square feet
- Above 50000 Square feet
- Canada Hydroponics Market, By Crop Type:
- Vegetable
- Fruits
- Flowers
- Others
- Canada Hydroponics Market, By Region:
- Ontario
- Quebec
- The West
- British Columbia
- Atlantic Canada
- The North
Competitive Landscape
Company Profiles: Detailed
analysis of the major companies in Canada hydroponics market.
Available Customizations:
With the given market data,
TechSci Research offers customizations according to a company’s specific needs.
The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Canada hydroponics market is an
upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected].