Hydroponic Substrate Market Analysis

Type {Inorganic (Rockwool, Perlite & Vermiculite, Clay Pellets); Organic (Coir, Peat Moss)}

The hydroponic substrates market is segmented and analyzed for demand and supply by type into organic and inorganic. Out of these, the inorganic segment is anticipated to garner the highest market share by 2036. The growth of the segment is attributed to the high trade of rock wool which is a type of inorganic hydroponic substrate. The Observatory of Economic Complexity stated that 2020, in 2020, rock wool was the world's 521st most traded product. This was equivalent to the value of USD 4.38 billion. The inert characteristics of rock wool provide fruit improvement and quality products with high yield and a way to control, free water flow to the plants is estimated to drive the leca substrate market growth.

Our in-depth analysis of the global hydroponic substrate market includes the following segments:

By Type

Inorganic
Rockwool
Perlite & Vermiculite
Clay Pellets
Others
Organic
Coir
Peat Moss
Others

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of hydroponic substrate is estimated at USD 669.5 Million.

The hydroponic substrate market size was over USD 607.7 Million in 2023 and is expected to cross USD 2.44 Billion by the end of 2036, witnessing more than 11.3% CAGR during the forecast period i.e., between 2024-2036. The need for organic vegetable by the burgeoning population is the major factor that is expected to drive the market growth.

Asia Pacific is set to account for largest industry share by 2036, as the region has a high employment rate in the agriculture industry.

Comercial Projar, S.A. (Projar Group), ROCKWOOL International A/S, Galuku Group Limited, CANNA, Ceyhinz Link International, Inc., JB Hydroponics B.V., The Wonderful Soils Company, Hydrofarm Holdings Group, Inc., Re-Nuble, Inc., Malaysia Hydroponics

Hydroponic Substrate Market Analysis