Industry Report - Industry Investment Chapter
The Hydroponic Crop Farming industry is highly capital-intensive. For every dollar invested in capital across the industry, an estimated $1.67 is paid as wages. However, owner-operators carry out most labour functions on numerous farms, particularly small- and mid-size farms. These farms tend to rely on drawings from profit for income, rather than paying themselves a traditional wage. Consequently, the industry’s wage expenses are underrepresented. Despite this, the industry still displays high capital-intensity once imputed wages are accounted for.The industry is highly capital-intensive due to the use of sophisticated plant monitoring, temperature control, irrigation and lighting systems. Dep...purchase to read more.
Additional Insights for the
Hydroponic Crop Farming
Industry
IBISWorld identifies 250 Key Success Factors for a business.The most important for the Hydroponic Crop Farming Industry are
Economies of scale Downstream ownership links Output is sold under contract - incorporate long-term sales contracts
IBISWorld analysts also discuss how external factors such as Apparent fruit and vegetable consumption and Demand from supermarkets and grocery stores in the Hydroponic Crop Farming industry impact industry performance..
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