Synthèse

The global hydroponics market, valued at $12.64 billion in 2023, is witnessing significant growth with a projected CAGR of 13.7% from 2023 to 2033, anticipated to reach $45.66 billion by 2033. This growth is propelled by the increasing global population and mounting demand for agricultural products. Hydroponics, a method of soilless agriculture, is particularly relevant for urban agriculture and offers benefits such as higher yields and reduced water usage. Despite its promise, the market is fragmented, with numerous startups entering the space. However, the high costs linked to energy and technological investments render the development of hydroponic ventures challenging, as evidenced by the recent bankruptcy of multiple urban farming startups. The demand for hydroponically grown produce is also rising due to their perceived nutritional benefits. The sector encompasses various technologies like aeroponics and aquaponics, and offers potential in cultivating certain vegetables, fruits, and herbs, with limitations for products that require soil. The market remains dynamic and is characterized by the participation of diverse players, including major food and cosmetics companies entering into partnerships and making investments.

French Appetite for Fresh Produce: A Fluctuating Trend with Stable Commitment

Amidst the bustling markets of France, a nuanced landscape of fruit and vegetable consumption is observed. While the French maintain a steady allegiance to fresh produce, the demand has seen a tidal shift, as household purchases for home consumption have swayed. Following an exceptional surge in 2020, with a rise of about 7%, the year 2021 marked a downturn, with consumption volumes dipping by roughly 4%. Despite this retracement, the expenditures only receded slightly, by nearly 3%, buffered by an average price increase of about 1.3%. The French have invariably shown a preference for fresh fruits and vegetables, albeit the quantities they escort home have ebbed and flowed.

The nation witnessed households buying between 80 and 85 kilograms of fruit annually, peaking at around 86 kilograms in 2020 before descending to approximately 81 kilograms in 2021. Vegetables painted a similar picture, with annual purchases per household oscillating between 80 and 89 kilograms, cresting in 2020, and relaxing to about 86 kilograms in 2021. The financial commitment to fresh produce has been relatively steadfast, with households devoting considerable euro amounts each year to ensure their baskets brim with nature's bounty. This tangible dedication to a diet rich in fruits and vegetables is an enduring aspect of French culinary culture, even as the market shows sensitivity to broader economic trends and shifts in consumer behavior.

The Diverse Ecosystem of Hydroponics Innovators

In the dynamic and burgeoning field of hydroponics, a variety of players are shaping the future of agriculture with innovative solutions for growth systems and farming techniques. These key players are distinguished either by their involvement in the development and provision of hydroponic systems or by their direct engagement in the cultivation of crops using these advanced methods.

System Solution Pioneers

  • Signify Holdings (Netherlands) - A beacon in hydroponic technology, they offer advanced lighting solutions vital for plant growth.
  • Argus Control Systems (Canada) - Experts in automation, providing innovative control systems that regulate the precise conditions necessary for hydroponic farming.
  • Heliospectra AB (Sweden) - Renowned for their energy-efficient LED lighting options, they illuminate the path for indoor crop cultivation.
  • LumiGroxw (USA) - Shining a light on plant growth with their state-of-the-art illumination technology, adapting specifically to the needs of hydroponics.
  • American Hydroponics (USA) - With a deep-rooted presence in the industry, they offer comprehensive hydroponic systems that have been nurturing plant growth for years.
  • Vitalink (UK) - Injecting vitality into hydroponics with their range of nutrients and growing media crafted especially for soil-less culture.
  • Hydroponic Systems International (Spain) - Offering a rivulet of innovation with their hydroponic growing systems that streamline production for global growers.

Cultivation Champions

  • Aerofarms (USA) - Soaring to new heights in hydroponic agriculture, they operate one of the world's largest and most productive indoor farms.
  • Triton Foodworks (India) - Making waves in the hydroponic market by developing scalable and sustainable farming solutions for the burgeoning Indian market.
  • Green Sense Farms (USA) - Cultivating a greener world with their network of climate-controlled, high-output vertical farms that exemplify the potential of hydroponic agriculture.

Urban Agriculture Trailblazers

  • AeroFarm – An American enterprise that has emerged as a leader in urban agriculture, specializing in aeroponic farming technologies that maximize growth while minimizing environmental impact.
  • InFarm– A German innovator bringing the farm to the consumer with modular, scalable hydroponic units that integrate
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  • Nombre de pages : 30 pages
  • Format : Version digitale et PDF
  • Dernière mise à jour : 30/11/2023
Détail des mises à jour

Sommaire et extraits

1 Market overview

1.1 Definition and scope of study

Hydroponics refers to the activity of growing plants "above ground" on a base of "neutral" and "inert" substrate (clay balls, rockwool, etc.). Although in the strict sense of the term, hydroponics refers to a particular form of soilless cultivation, it is often assimilated with all soilless farming techniques. Variants of hydroponics, such as aeroponics, aquaponics and bioponics, have been developing in recent years. The main applications for hydroponics are horticulture and the cultivation of certain types of vegetables and fruit.

Hydroponics offers many advantages in that it provides solutions to the world's water shortages, as well as to the problems of pollution and land erosion. Since it does not require access to land, it also has interesting applications in urban agriculture, as underlined by the rise of vertical urban farms. What's more, hydroponic systems offer higher yields than traditional farming techniques, not least because the right nutrients are delivered directly to the plants' roots. Hydroponics generally does not require the use of artificial ripening agents and pesticides, which can help create nutritionally superior plant products.

Globally, the hydroponics market is fragmented, with many agritech start-ups entering the market, such as AeroFarm (USA) or InFarm (Germany). It is estimated to beworth $12.64 billion in 2023, and is expected to grow at a compound growth rate (CAGR) of 13.7% between 2023 and 2033, reaching a value of $45.66 billion in 2033 [Future Market Insights] . This growth is driven by the world's growing population, which is spearheading demand for agricultural and food products on the market.

In France, some fruit and vegetable growers see this as an opportunity: 90% of tomatoes are said to be produced hydroponically in France today[Franceinfo]. In fact, the trade balance for fruit and vegetables and also horticultural products has always been negative between 2016 and 2021, testifying to France's dependence on them. [France Agrimer]

As the capital cost of hydroponics is high, the crops produced are often sold at higher prices, and until now have tended to targetniche markets. Many hopes are pinned on hydroponics, and some even see it as a technique that could revolutionize tomorrow's agriculture. However, the high cost of hydroponics, particularly energy, is a real brake on the development of certain players. For example, over the past 2 years, many start-ups creating urban farms have gone into receivership, seeing their investors pull out.[Le Monde]

1.2 The global hydroponics market: current situation and main characteristics

Size of the global hydroponics market

The global hydroponics market is estimated to be worth $**.** billion in ****, and will grow at a compound growth rate (***) of **. *% between **** and ****, reaching a value of $**.** billion in ****. [***]

The hydroponics market is being driven by the world's growing population, which is spearheading demand for agricultural ...

1.3 Hydroponics, a possible response to a major global challenge: feeding a growing population while combating global warming

The world's population is set to reach ** billion by ****. Producing more food with limited resources, while trying to reduce greenhouse gas emissions, seems like a difficult equation to solve. Hydroponics may offer a solution to these problems, according to the FAO.

Hydroponics enables more intensive, "soil-less" production, as it takes up ...

1.4 The hydroponics market in France

The hydroponics market represents a sub-segment of the following markets: fruit & vegetables and horticulture. As we do not have the necessary data to estimate the hydroponics market, we briefly analyze the fruit and vegetable and horticulture markets below.

The fruit and vegetable market in France

Iterfel is an organization that brings ...

1.5 Foreign trade in horticultural products, fruit and vegetables

France dependent on fruit and vegetable imports....

The chart below highlights that France imports more fruit and vegetables than it exports, which could leave room for French hydroponic fruit and vegetable growers. Indeed, its trade balance remained negative from **** to ****, rising from -$*.** billion to -$*.** billion .

Trade balance for fruit ...

1.6 2022 : Agricool urban farm placed in receivership

Second blow for French Tech. After Sigfox, Agricool was placed in receivership on January ** by the Bobigny Commercial Court. In June ****, the Agricool urban farm will be sold for **,*** euros. [***]

The Bobigny Commercial Court has approved the takeover bid from Vif Systems. This Lyon-based company designs and installs farms, containers and ...

2 Demand analysis

2.1 Analysis of demand for fruit and vegetables in France

French demand in general

In theFMCG and self-service fresh produce market, the volume of household purchases for home consumption declined in **** (***), though remaining above their pre-**** level. [***]

The table below is taken from FranceAgriMer's report on household purchases of fresh fruit and vegetables:

Source: ****

After a year of record purchases for ...

2.2 Analysis of demand for horticultural products

Trend in French spending on horticultural products

In ****, **% of households purchased at least one outdoor plant (***), down on recent years due to a decline in average quantities purchased and average budget per purchasing household.

Average basket of outdoor plants in volume and value per purchasing household France, ****-****, in units, in ...

2.3 Hydroponics, a solution at the crossroads of several demand trends?

Determinants of demand for fresh fruit and vegetables

With hydroponics players often positioning themselves on fresh fruit and vegetables, the graph below highlights that two purchasing criteria prevail: seasonality (***).

Main criteria when buying fresh fruit and vegetables France, ****, in Source: ****

With regard to"seasonality", hydroponics doesn't normally depend on the seasons ...

2.4 Agricultural market trends in France

Changing profile of farmers

The profile of farmers has changed significantly over the past decade, with an aging population of farmers and a lack of generational renewal.

According to the French Ministry of Agriculture, ***,*** farms have disappeared in the last ten years, a drop of **%, even though the agricultural surface area ...

3 Market structure

3.1 Segmentation and dynamics of hydroponics players

Market segmentation and player typology

Three ways of segmenting the hydroponics market (***) are proposed below.

A first way is to distinguish between players who offer solutions for implementing hydroponic production systems, in which case their offer is aimed at producers such as urban farms. GHE is a good example, and also ...

3.2 The production process for hydroponics and its derivatives

General definition

Strictly speaking, hydroponics is the simplest soil-less cultivation technique, and one of the first to have been developed. In a broader sense, it encompasses various techniques (***).

The term " hydroponics" comes from the Greek "hydro" meaning water, and "ponos" meaning work. It is thus an "above-ground" form of agriculture that ...

3.3 The cost structure and the question of profitability

Main cost items

It all depends, of course, on the sophistication of the system installed, as the heterogeneous nature of hydroponic cultivation makes it difficult to carry out a pertinent analysis valid everywhere.

Installation (***).

The energy required to power LED and aeration systems. Here too, prices can vary widely depending on ...

3.4 Urban agriculture: a prime location for hydroponics?

One of the most popular applications for hydroponics is urban agriculture, particularly through the installation of vertical urban farms. Urban agriculture is a solution recommended by the FAO and the UN to meet food security needs. It also responds well to the challenges of urbanization, especially as it can have both ...

3.5 Out of town, hydroponics competes with traditional greenhouses for larger-scale productions

There are also hydroponic farms (***) in the countryside for products such as tomatoes and lettuces. This requires larger-scale production.

In France, for example, **% of tomatoes are grown above ground using hydroponic techniques [***].France produced around *** tonnes of tomatoes in ****, so *** tonnes of tomatoes would be produced hydroponically. France's biggest tomato producer ...

4 Offer analysis

4.1 Main products that can be grown hydroponically

Source: ****

Hydroponics is particularly well suited to growing certain vegetables (***), fruit and horticultural produce.

On the other hand, many products cannot be grown using this "soil-less" logic, as they require soil. This is the case for certain fruits such as apples and pears, as well as most cereals and potatoes. These ...

4.2 Getting started with hydroponics? Steps to follow

Steps to follow before starting hydroponics according to GHE (***)

General Hydroponics Europe offers a method for producing plants yourself using the hydroponics technique. The company also sells and installs customized hydroponic growing systems. It also offers a wide range of fertilizers, supplements and pH regulators for hydroponics. The company is a ...

4.3 Supply trends in urban vertical farms

Trends among urban farms

We can imagine a typology of three types of vertical urban farms, which respond to different trends in demand and operate thanks to different business models.

Low-tech, open-air urban farms, which don't necessarily focus solely on yield, because the problem with growing crops in the city is ...

5 Regulations

5.1 Regulatory framework

The traditional regulatory framework for fruit and vegetable trading activities

Decree **.**** of **/**/**** lays down health regulations for fruit and vegetables. They must be: of sound quality, clean, whole and have reached a sufficient degree of development and maturity; Decree n°**-**** of **/**/**** modified by decree n°**-*** of **/**/**** The treatment products ...

6 Positioning the players

6.1 Segmentation of hydroponics players

  • General Hydroponics Europe
  • Agricool
  • FUL Ferme Urbaine Lyonnaise
  • Agripolis
  • Aeromate
  • InFarm
  • InVivo
  • Les Sourciers
  • Azuvia
  • VIF Groupe
  • GrowLed
  • Culture Indoor
  • Permaculture & Cie

Liste des graphiques

  • Montants investis dans les fermes verticales par type de culture utilisée
  • Taille du marché mondial de l'hydroponie
  • Taille du marché mondial des fermes verticales
  • L'agriculture au cœur des enjeux globaux liés à la démographie et au changement climatique
  • Panier moyen de végétaux d'extérieur en volume et en valeur par foyer acheteur
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Dernières actualités

InVivo, la coopérative devenue un géant - 04/07/2023
  • InVivo est un géant coopératif agricole avec un chiffre d'affaires de 12 milliards d'euros.
  • InVivo a conclu un accord pour acheter United Malt Group (UMG)
  • L'opération de rachat de UMG est estimée à plus de 1 milliard d'euros
  • Suite à cette opération, InVivo deviendra le premier malteur au monde.
  • Le marché mondial de la bière, dont le malt est un ingrédient principal, connaît une croissance dynamique.
  • InVivo a doublé de taille suite à l'opération de fusion avec le géant familial Soufflet, atteignant ainsi un chiffre d'affaires de plus de 10 milliards d'euros.
  • InVivo compte plus de 13 000 collaborateurs et plus de 90 sites industriels.
  • Il est issu de l'union de 185 coopératives agricoles.
  • InVivo détient 76% de Teract, une filiale de distribution.
  • Le rapprochement initial ayant conduit à la création d'InVivo a eu lieu en 2001 entre Sigma et Uncaa.
Le français InVivo bientôt leader mondial du malt - 31/03/2023
  • Acquisition récente de La Malterie du Château par InVivo.
  • Négociations exclusives entre Malteries Soufflet et United Malt Group (UMG) pour un rachat potentiel.
  • L'opération pourrait être finalisée d'ici trois à six mois.
  • InVivo a un chiffre d'affaires de 12 milliards d'euros.
  • Malteries Soufflet deviendrait le premier malteur mondial avec 3,7 millions de tonnes produites par an et 20 % de part de marché.
  • UMG valorisé à 1 milliard d'euros
  • Croissance attendue du marché de la bière entre 2,5 % et 5 % dans les cinq prochaines années.
  • La bière représente 75 % des volumes mondiaux d'alcool selon IWSR.
  • Croissance du marché des whiskies entre 5 % et 6 % par an.
  • Complémentarité géographique entre Malteries Soufflet (Europe, Amérique latine, Afrique) et United Malt Group (Australie, Canada, Nouvelle-Zélande).
Le groupe InVivo crée un pôle blé baptisé Episens - 06/02/2023
  • Plus de 2400 collaborateurs
  • 24 sites de production
  • CA du pôle 892 M€ en 2021-22
  • Avec Episens création du pôle blé avec la réunion des activités Meunerie de Invivo avec Moulins Soufflet, et des activités Ingrédients de AIT ingrédients et Soufflet Biotechnologies
La coopérative InVivo sattaque à la relance de sa filière blé - 20/01/2023
  • Episens, la filiale blé d'Invivo réalise 892 millions € de chiffre d’affaires, soit 8,5% du chiffre d’affaires d’InVivo
  • La baguette à fait son entrée au Patrimoine mondial de l’Unesco
  • Objectif: doubler le chiffre d’affaires de la filiale d’ici 2027
  • Remise sur pied de la filiale de boulangerie-pâtisserie de Soufflet, Neuhauser
  • Pour approvisionner ses usines, InVivo travaille aussi sur les 8 moulins hérités de Soufflet
  • La division très rentable ingrédients pour la meunerie réalise 87 millions d’euros de chiffre d’affaires
Boulangerie: comment le groupe InVivo compte se développer. - 19/05/2022
  • Neuhauser va bénéficier d'un plan de relance pour un retour à la croissance dès 2023.
  • Le projet du groupe InVivo est de relancer la production sur le second site de Folschviller en Moselle, fermé depuis 2019, d’ici janvier 2023.
  • L’activité à l’international continuera d’être adossée aux capacités de production en France.
  • Le personnel actuellement employé sur un seul site sera redéployé, permettant aux deux sites de retrouver une pleine activité.
Agricool (fruits et légumes) est placé en redressement judiciaire - 28/03/2022
  • En 2020, le chiffre d’affaires de Agricool a atteint 162 000 euros et ses pertes 7,72 M€.
  • Plusieurs repreneurs sont sur le dossier d'Agricool.
  • Ils ont un objectif de produire des fraises en container saine cultivées sans pesticides ni intrants chimiques au cœur des villes.
  • 30 M€ levés en 2018 auprès d'un pool composé notamment de Danone Manifesto Ventures et de BPI France.

Entreprises citées dans cette étude

Cette étude contient un panorama complet des entreprises du marché avec les derniers chiffres et actualités de chaque entreprise :

General Hydroponics Europe
Agricool
FUL Ferme Urbaine Lyonnaise
Agripolis
Aeromate
InFarm
InVivo
Les Sourciers
Azuvia
VIF Groupe
GrowLed
Culture Indoor

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Ajouts et mises à jour

  • 03/09/2023 - Ajout des informations de l'entreprise Permaculture & Cie
  • 03/09/2023 - Ajout des informations de l'entreprise Culture Indoor
  • 03/09/2023 - Ajout des informations de l'entreprise GrowLed
  • 08/08/2023 - Ajout des informations de l'entreprise VIF Groupe
  • 17/05/2023 - Ajout des informations de l'entreprise Azuvia

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