Bangladesh’s hydroponics systems market is booming, fueled by rapid urbanization and the growing demand for pesticide-free produce. As of 2023, the market size is estimated at USD 45 million. By 2032, it is predicted to reach USD 120 million, increasing at an astounding compound annual growth rate (CAGR) of more than 11.5%. This impressive growth is indicative of a monumental transformation towards sustainable and efficient agricultural practices throughout the watershed.
Hydroponics, too, is catching on rapidly in urban centers with strong population pressures like Dhaka, Chittagong, and Sylhet. This cutting-edge agricultural practice requires 90% less water than traditional farming. Hydroponics engenders, too, by the very fact that it can grow fruits and vegetables in desert-like conditions. Still, it dramatically cuts water consumption and bans toxic pesticides. This adaptability of its systems makes it an excellent solution to the increasing demand for accessibility to safe, locally grown produce.
Cucumber, lettuce, radish, and tomato are among the most popular types of produce grown in the country’s hydroponic systems. These range from colorful leafy greens like lettuce, kale and basil to more traditional horticultural crops like tomatoes and highly nutritious microgreens. These crops primarily feed into urban markets, restaurants, and community supported agriculture (CSA) box deliveries. They serve health-conscious consumers and employers right on the front lines.
In addition to these local initiatives, Bangladesh’s hydroponics market is served by local and international system providers. These providers provide pre-packaged hydroponic kits and automatically controlled, climate-controlled greenhouses. They provide automated nutrient systems and IoT-based controls, making it simple for people and enterprises to adopt this new mode of hydroponic farming.
