Market Forecast By Type (Aggregate systems, Ebb & flow systems, Drip systems, Wick systems, Liquid systems, Deep water culture, Nutrient film technique (NFT)), By Input (Nutrients, NPK, Trace minerals, Other nutrients, Grow media, Rockwool, Perlite & vermiculite), By Crop Type (Vegetables, Fruits, Flowers), By Farming method (Indoor, Outdoor), By Crop area (Upto 1000 square feet, 1000-10000 square feet, 10000-50000 square feet, Above 50000 square feet) And Competitive Landscape
Product Code: ETC4597776 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Report Name | Australia Hydroponics Market |
Forecast period | 2025-2031 |
CAGR | 12.4% |
Growing Sector | Agriculture |
The Australia Hydroponics Market Report thoroughly covers the market by type, Input, Crop Type, Farming Method, and Crop Area. The Australia Hydroponics Market Outlook report provides an unbiased and detailed analysis of the ongoing Australia Hydroponics Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Australia Hydroponics Market has attained prominent growth and is expected to grow more in the future. This growth can be attributed to the rising population and urbanization. Along with this the climatic conditions, land availability, sustainable and eco-friendly nature of hydroponics and the government initiatives leads to the growth of Australia Hydroponics Market.
According to 6Wresearch, Australia Hydroponics Market is projected to rise at a CAGR of 12.4% during the period of 2025-2031. One of the major drivers in the growth of this market can be attributed to the rise in the population and urbanization as with more people living in urban areas, the demand for locally-grown food will also increase. Furthermore, Australia’s diverse climate conditions with limited arable land makes hydroponics a viable option for year-round food production and allows cultivation of a wide range of crops. Additionally, sustainable, and eco-friendly nature of hydroponics, technological advancements to give more efficient and cost-effective farming with better yield and the government initiatives leads to the increase in the demand for Hydroponics in Australia.
However, there are also some challenges faced by the Australia Hydroponics market, such as High Initial investment as setting up a hydroponic farm requires a significant initial investment for equipment like HVAC systems, fans, ventilation, irrigation systems, control systems, and lights. Another challenge is the Skilled Labour Shortage as hydroponics is a relatively new method of farming so there is a shortage of skilled labour in the industry and the competition from traditional agriculture and other forms of controlled environment farming hinders the growth of Australia Hydroponics Market.
Some Key Players in the Australia Hydroponics Market include names like Nutrifield, HydroGarden, Autogrow Systems, Sundrop Farms, Greenhouse Systems. These companies are involved in various aspects of hydroponics from providing equipment and nutrients to operating farms and developing technology.
The government initiatives such as providing funding for research and development in the hydroponics industry to encourage innovation and technological advancements also giving grants to farmers who are looking to start a hydroponic farm or transition to hydroponic farming methods and Promoting Sustainable Agriculture as the government has set targets to reduce water usage and promote sustainable agriculture, making hydroponics an attractive option for farmers which leads to the Australia Hydroponics Market Growth.
Australia Hydroponics Market is witnessing significant growth which can be attributed to the rise in the population and urbanization as with more people living in urban areas, the demand for locally-grown food will also increase, climate conditions with limited arable land, sustainable and eco-friendly nature of hydroponics, technological advancements, and the government initiatives will lead to the growth of Hydroponics market in coming years.
According to Ravi Bhandari, Research Head, 6Wresearch, Nutrient Film Technique (NFT) dominated this industry and will grow in the coming years due to the efficient use of water and nutrients, faster plant growth, and easy implementation in both commercial and home settings.
Based on Input, the nutrient segment is expected to lead the Australia Hydroponics Market Share in the coming years as the use of hydroponic-specific nutrients ensures that plants receive all the essential minerals for healthy growth and higher yields. Additionally, growing media segment also holds significant potential for growth as it is a crucial component of any hydroponic system as it provides support to the plant’s root systems and helps with water retention, aeration, and drainage.
Based on Crop Type, vegetable segment holds the largest market share due to its high demand from restaurants, supermarkets, and households and is expected to witness significant growth in the coming years due to its versatility and increasing use in various cuisines.
Based on Farming Method, the indoor farming segment is currently growing at a faster rate as compared to outdoor farming as indoor hydroponic farms are typically set up in controlled environments such as greenhouses, warehouses, or even vertically stacked structures.
Based on Crop Area, the 10000-50000 square feet segment has witnessed the highest growth rate in Australia. This can be attributed to the rising demand for locally grown, high-quality produce and the potential for larger profits with a larger crop area.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Hydroponics Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Hydroponics Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Hydroponics Market - Industry Life Cycle |
3.4 Australia Hydroponics Market - Porter's Five Forces |
3.5 Australia Hydroponics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Hydroponics Market Revenues & Volume Share, By Input, 2021 & 2031F |
3.7 Australia Hydroponics Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
3.8 Australia Hydroponics Market Revenues & Volume Share, By Farming method, 2021 & 2031F |
3.9 Australia Hydroponics Market Revenues & Volume Share, By Crop area, 2021 & 2031F |
4 Australia Hydroponics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Hydroponics Market Trends |
6 Australia Hydroponics Market, By Types |
6.1 Australia Hydroponics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Hydroponics Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Australia Hydroponics Market Revenues & Volume, By Aggregate systems, 2021-2031F |
6.1.4 Australia Hydroponics Market Revenues & Volume, By Ebb & flow systems, 2021-2031F |
6.1.5 Australia Hydroponics Market Revenues & Volume, By Drip systems, 2021-2031F |
6.1.6 Australia Hydroponics Market Revenues & Volume, By Wick systems, 2021-2031F |
6.1.7 Australia Hydroponics Market Revenues & Volume, By Liquid systems , 2021-2031F |
6.1.8 Australia Hydroponics Market Revenues & Volume, By Deep water culture, 2021-2031F |
6.2 Australia Hydroponics Market, By Input |
6.2.1 Overview and Analysis |
6.2.2 Australia Hydroponics Market Revenues & Volume, By Nutrients, 2021-2031F |
6.2.3 Australia Hydroponics Market Revenues & Volume, By NPK, 2021-2031F |
6.2.4 Australia Hydroponics Market Revenues & Volume, By Trace minerals, 2021-2031F |
6.2.5 Australia Hydroponics Market Revenues & Volume, By Other nutrients, 2021-2031F |
6.2.6 Australia Hydroponics Market Revenues & Volume, By Grow media, 2021-2031F |
6.2.7 Australia Hydroponics Market Revenues & Volume, By Rockwool, 2021-2031F |
6.3 Australia Hydroponics Market, By Crop Type |
6.3.1 Overview and Analysis |
6.3.2 Australia Hydroponics Market Revenues & Volume, By Vegetables, 2021-2031F |
6.3.3 Australia Hydroponics Market Revenues & Volume, By Fruits, 2021-2031F |
6.3.4 Australia Hydroponics Market Revenues & Volume, By Flowers, 2021-2031F |
6.4 Australia Hydroponics Market, By Farming method |
6.4.1 Overview and Analysis |
6.4.2 Australia Hydroponics Market Revenues & Volume, By Indoor, 2021-2031F |
6.4.3 Australia Hydroponics Market Revenues & Volume, By Outdoor, 2021-2031F |
6.5 Australia Hydroponics Market, By Crop area |
6.5.1 Overview and Analysis |
6.5.2 Australia Hydroponics Market Revenues & Volume, By Upto 1000 square feet, 2021-2031F |
6.5.3 Australia Hydroponics Market Revenues & Volume, By 1000-10000 square feet, 2021-2031F |
6.5.4 Australia Hydroponics Market Revenues & Volume, By 10000-50000 square feet, 2021-2031F |
6.5.5 Australia Hydroponics Market Revenues & Volume, By Above 50000 square feet, 2021-2031F |
7 Australia Hydroponics Market Import-Export Trade Statistics |
7.1 Australia Hydroponics Market Export to Major Countries |
7.2 Australia Hydroponics Market Imports from Major Countries |
8 Australia Hydroponics Market Key Performance Indicators |
9 Australia Hydroponics Market - Opportunity Assessment |
9.1 Australia Hydroponics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Hydroponics Market Opportunity Assessment, By Input, 2021 & 2031F |
9.3 Australia Hydroponics Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
9.4 Australia Hydroponics Market Opportunity Assessment, By Farming method, 2021 & 2031F |
9.5 Australia Hydroponics Market Opportunity Assessment, By Crop area, 2021 & 2031F |
10 Australia Hydroponics Market - Competitive Landscape |
10.1 Australia Hydroponics Market Revenue Share, By Companies, 2024 |
10.2 Australia Hydroponics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |