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Global Aquaponics System Market Analysis - Segmented By Equipment, Production Type, Components, End User, And Region (Latin America, North America, Asia Pacific, Europe, Middle East and Africa) - Growth, Trends, And Forecast To 2027.

Published: March, 2023
ID: 4100
Pages: 175
Formats: report pdf report excel report power bi report ppt

Aquaponics System Market Trends & Forecast(2022 - 2027):

Aquaponics System Market was worth USD 820.0 million in 2021 and estimated to be growing at a CAGR of 14.64%, to reach USD 1425.3 million by 2026.

Aquaponics system is the combination of aquaculture and hydroponics together in an ideal environment. Aquaculture is the growing of aquatic animals like fish, prawns and other aquatic animals. Hydroponics is cultivating of plants in water without soil. The aquaculture waste provides organic food for the plants. In return, plants naturally clean the water that goes back to fish. The third participant is microbes which provides nutrition for the plants. The microbes convert ammonia from the fish waste into nitrites and then into nitrates which is the form of nitrogen that plants can uptake and use to grow. The result is a perfect collaboration between aquaculture and hydroponics. Aquaponics is a perfect hope for sustainable aquaculture, organic crop production, and water consumption. Basically, aquaponics and hydroponics uses the same systems, there aren’t many differences in how the system works, except for the added fish in the water tanks. Ph control is very important part of aquaponics.

Aquaponics System Market Drivers:

Flood and drain, drip irrigation, deep culture or water submerged roots, and nutrient film techniques are highly compatible and customizable to merge with growing fish. Few primary methods of aquaponics that are growing widely are Deep water culture, Media-based aquaponics, Nutrient Film Technique and Vertical Aquaponics. Aquaponics are becoming famous as an efficient way to produce food and eco-friendly. Rise in population, increasing demand for organic fruits and vegetables, rise in disposable income, improvement in urban farming methods and off-season availability of fruits & vegetables, growing of new diseases due to the unhygienic food, technological advancements and new innovations in the field of agriculture, low cost in terms of lesser preparation time, rise in urbanisation, lower transport & storage costs of food and higher margins of benefits are driving the  aquaponics market growth from last few years. However, high-cost equipment, limited number of skilled professionals and lack of awareness in rural areas are hampering the growth of the market.

AQUAPONICS SYSTEM MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

14.64%

Segments Covered

By Equipment, Product Type, Components, End user and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Nelson & Pade Inc,Urban Farms AG,ECF Farm systems GmbH,Backyard Aquaponics Ptv Ltd,My Aquaponics,Colorado Aquaponics,Green Life Aquaponics and Others.

 

Aquaponics System Market Segmentation:

Aquaponics System Market – By Equipment:

  • Pumps and Valves

  • Water heaters
  • Grow lights
  • Fish purge systems
  • Aeration systems
  • Water quality testing
  • Y-o-Y Growth Analysis, By Product
  • Market Attractiveness Analysis, By Product
  • Market Share Analysis, By Product

Aquaponics System Market – By Production Type:                   

  • Vegetables & Fruits
  • Fish
  • Herbs
  • Y-o-Y Growth Analysis, By Production Type
  • Market Attractiveness Analysis, By Production Type
  • Market Share Analysis, By Production Type

Aquaponics System Market – By Components:                            

  • Rearing tanks
  • Biofilter
  • Settling basin
  • Sump
  • Hydroponics subsystem
  • Y-o-Y Growth Analysis, By Components
  • Market Attractiveness Analysis, By Components
  • Market Share Analysis, By Components

Aquaponics System Market - By End user:                     

  • Commercial
  • Education & Research
  • Household
  • Community
  • Y-o-Y Growth Analysis, By End user
  • Market Attractiveness Analysis, By End user
  • Market Share Analysis, By End user

Aquaponics System Market – By Regions:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa
  • Rest of the World

Key Players:

  • Nelson & Pade Inc.
  • Urban Farms AG
  • ECF Farm systems GmbH
  • Backyard Aquaponics Ptv Ltd
  • My Aquaponics, Colorado Aquaponics
  • Green Life Aquaponics

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