Economics of Hydroponics

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The hydroponic food production industry is expanding at a rate that is set to outpace the 2014 International Monetary Fund estimate of global growth by 80%. Hydroponic systems are being deployed to grow key vegetable and fruit production worldwide. Agriculture is traditionally a conservative business, but with the benefits of higher yield with lower inputs, improved soil and water quality and food safety are compelling forces for change. The world wide market value of hydroponically produced food will show sustained strength with an estimated increase of 6.5%.

(Source: manifestmind.com)

 

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