The population of people living in cities and towns has increased without producing their own food, leading to high dependence on processed products. Also the dominant food paradigm is breaking down due to climate change, increasing droughts, soil depletion and disease, phosphorus scarcity among others factors. With this in mind, consumers and retailers numbers are increasing while the availability of high quality foods which are affordable is becoming less. How are you going to solve this problem of food shortage? Hydroponics is one of the practices to consider to invest in. Hydroponics is a farming method that can help feed cities of future while all the customer demands are met. Hydroponics ensure health of the ecological systems, so it is gaining grounds in the world.
People who are looking to invest in hydroponics food production, there are many aspects that one has to consider to run the business effectively. You have to understand the trends that are affecting agriculture and food security, making hydroponics a viable way to achieve better production methods. While you are looking to invest in the market, you have to identify strategies and tools for risk mitigation and a sustainable, profitable path forward in hydroponics.
What are the barriers for one investing in hydroponics?
There are several risks, challenges and barriers affecting hydroponics operations. Some of the challenges include cost, operational complexity, energy and qualified labor. Hydroponics investment becomes expensive when you are starting up and operating as compared to soil based farming. This has become a real challenge.
With few people in hydroponics investment business, getting qualified persons remains a challenge. Fewer young people are getting into agriculture in any world region, leading to low workforce. Hence, a challenge for hydroponic farmers.
Market growth is also one of the barriers in hydroponics investment. Agriculture is a very conservative sector with many obstacles to overcome to change and an inertia where traditional methods have persisted.
If authorities are going to put in the right measure, hydroponics farming can lead to world’s food security. People should be educated about how to go about these methods of food production which requires little space. As some people are taking this farming method seriously, there is a tremendous growth in the field.
If you are looking forward to try out hydroponics investment, it is the best idea. There are some countries which have advanced in hydroponics. Hydroponics in India has gone to the next level for example because people are understanding the importance of this food production method.