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Latin America Aquaponics System Market By Equipment (Pumps And Valves, Water Heaters, Grow Lights, Fish Purge Systems, Aeration Systems, Water Quality Testing And Others), Production Type (Vegetables & Fruits, Fish, Herbs And Others), Components (Rearing Tanks, Biofilter, Settling Basin, Sump, Hydroponics Subsystem And Others), End User (Commercial, Education & Research, Household, Community And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027).

Published: January, 2022
ID: 4110
Pages: 145

Latin America Aquaponics System Market Size, Growth, Trends and Forecast:

Latin America Aquaponics System Market was worth USD 120.68 million in 2021 and estimated to be growing at a CAGR of 16.25%, to reach USD 181.43 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. 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.

Latin America Aquaponics System Market Drivers:

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 Latin America 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.

Latin America Aquaponics System Market Segmentation:

Latin America Aquaponics System Market - By Equipment:

  • Pumps

  • Valves
  • Water heaters
  • Grow lights
  • Fish purge systems
  • Water quality testing
  • Aeration systems
  • Others

Latin America Aquaponics System Market - By Production Type:

  • Fish, vegetables & fruits
  • Herbs and others

Latin America Aquaponics System Market - By Component:

  • rearing tanks
  • biofilter
  • settling basin
  • sump
  • hydroponics subsystem
  • others

Latin America Aquaponics System Market - By Application:

  • commercial
  • education & research
  • household
  • community
  • others

Geographical Analysis:

Latin America market region includes countries such as

  • Brazil
  • Mexico
  • Argentina

and remaining countries of South America. The huge rise in spending in the agriculture division has increased the demand for Aquaponics.

Major Key Players:

The key players dominating in the Aquaponics market are Nelson & Pade Inc., Urban Farms AG, ECF Farm systems GmbH, Backyard Aquaponics Pty Ltd, My Aquaponics, Colorado Aquaponics and Green Life Aquaponics.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods 

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market   

5. Market Segmentation                                              

                5.1 Equipment                  

                                5.1.1 Introduction           

                                5.1.2 Pumps and Valves               

                                5.1.3 Water heaters       

                                5.1.4 Grow lights             

                                5.1.5 Fish purge systems              

                                5.1.6 Aeration systems 

                                5.1.7 Water quality testing          

                                5.1.8 Others      

                                5.1.9  Y-o-Y Growth Analysis, By Product              

5.1.10  Market Attractiveness Analysis, By Product          

   5.1.11  Market Share Analysis, By Product            

                5.2 Production Type                       

                                5.2.1 Introduction           

                                5.2.2 Vegetables & Fruits             

                                5.2.3 Fish            

                                5.2.4 Herbs        

                                5.2.5 Others      

5.2.5 Y-o-Y Growth Analysis, By Production Type              

      5.2.6 Market Attractiveness Analysis, By Production Type            

     5.2.7 Market Share Analysis, By Production Type              

                5.3 Components                              

                                5.3.1 Introduction           

                                5.3.2 Rearing tanks         

                                5.3.3 Biofilter    

                                5.3.4 Settling basin         

                                5.3.5 Sump         

                                5.3.6 Hydroponics subsystem    

                                5.3.7 Others      

    5.3.7 Y-o-Y Growth Analysis, By Components     

        5.3.8  Market Attractiveness Analysis, By Components  

       5.3.9  Market Share Analysis, By Components    

                5.4 End user                      

                                5.4.1 Introduction           

                                5.4.2 Commercial            

                                5.4.3 Education & Research        

                                5.4.4 Household              

                                5.4.5 Community             

                                5.4.6 Others      

     5.4.7  Y-o-Y Growth Analysis, By End user             

     5.4.8  Market Attractiveness Analysis, By End user           

     5.4.9  Market Share Analysis, By End user            

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Equipment

                                                6.1.3.3 By Production Type

                                                6.1.3.4 By Components

                                                6.1.3.5 By End user

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Equipment

                                                6.1.4.3 By Production Type

                                                6.1.4.4 By Components

                                                6.1.4.5 By End user

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Equipment

                                                6.1.5.3 By Production Type

                                                6.1.5.4 By Components

                                                6.1.5.5 By End user

                6.2 Brazil                             

                6.3 Mexico                         

                6.4 Rest of Latin America                             

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

         7.2.4 Threat of Substitute Products and Services   

       7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Nelson & Pade Inc.,                                

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Urban Farms AG                       

                8.3 ECF Farm systems GmbH                      

                8.4 Backyard Aquaponics Ptv Ltd 

                8.5 My Aquaponics                         

                8.6 Colorado Aquaponics                             

                8.7 Green Life Aquaponics                          

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures    

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Latin America Aquaponics System  Market By Equipment, From 2022 - 2027 ( USD Million )
  2. Latin America Pumps and Valves Market By Region, From 2022 - 2027 ( USD Million )
  3. Latin America Water heaters Market By Region, From 2022 - 2027 ( USD Million )
  4. Latin America Grow lights Market By Region, From 2022 - 2027 ( USD Million )
  5. Latin America Fish purge systems Market By Region, From 2022 - 2027 ( USD Million )
  6. Latin America Aeration systems Market By Region, From 2022 - 2027 ( USD Million )
  7. Latin America Water quality testing  Market By Region, From 2022 - 2027 ( USD Million )
  8. Latin America Others Market By Region, From 2022 - 2027 ( USD Million )
  9. Latin America Aquaponics System  Market By Production Type , From 2022 - 2027 ( USD Million )
  10. Latin America Vegetables & Fruits Market By Region, From 2022 - 2027 ( USD Million )
  11. Latin America Fish Market By Region, From 2022 - 2027 ( USD Million )
  12. Latin America Herbs Market By Region, From 2022 - 2027 ( USD Million )
  13. Latin America Others Market By Region, From 2022 - 2027 ( USD Million )
  14. Latin America Aquaponics System  Market By Components, From 2022 - 2027 ( USD Million )
  15. Latin America Rearing tanks Market By Region, From 2022 - 2027 ( USD Million )
  16. Latin America Biofilter Market By Region, From 2022 - 2027 ( USD Million )
  17. Latin America Settling basin Market By Region, From 2022 - 2027 ( USD Million )
  18. Latin America Sump Market By Region, From 2022 - 2027 ( USD Million )
  19. Latin America Hydroponics subsystem  Market By Region, From 2022 - 2027 ( USD Million )
  20. Latin America Others Market By Region, From 2022 - 2027 ( USD Million )
  21. Latin America Aquaponics System  Market By End user, From 2022 - 2027 ( USD Million )
  22. Latin America Commercial Market By Region, From 2022 - 2027 ( USD Million )
  23. Latin America Education & Research Market By Region, From 2022 - 2027 ( USD Million )
  24. Latin America Household Market By Region, From 2022 - 2027 ( USD Million )
  25. Latin America Community Market By Region, From 2022 - 2027 ( USD Million )
  26. Latin America Others Market By Region, From 2022 - 2027 ( USD Million )
  27. Brazil Aquaponics System  Market By Equipment, From 2022 - 2027 ( USD Million )
  28. Brazil Aquaponics System  Market By Production Type , From 2022 - 2027 ( USD Million )
  29. Brazil Aquaponics System  Market By Components, From 2022 - 2027 ( USD Million )
  30. Brazil Aquaponics System  Market By End user, From 2022 - 2027 ( USD Million )
  31. Argentina Aquaponics System  Market By Equipment, From 2022 - 2027 ( USD Million )
  32. Argentina Aquaponics System  Market By Production Type , From 2022 - 2027 ( USD Million )
  33. Argentina Aquaponics System  Market By Components, From 2022 - 2027 ( USD Million )
  34. Argentina Aquaponics System  Market By End user, From 2022 - 2027 ( USD Million )
  35. Mexico Aquaponics System  Market By Equipment, From 2022 - 2027 ( USD Million )
  36. Mexico Aquaponics System  Market By Production Type , From 2022 - 2027 ( USD Million )
  37. Mexico Aquaponics System  Market By Components, From 2022 - 2027 ( USD Million )
  38. Mexico Aquaponics System  Market By End user, From 2022 - 2027 ( USD Million )
  39. Rest of Latin America Aquaponics System  Market By Equipment, From 2022 - 2027 ( USD Million )
  40. Rest of Latin America Aquaponics System  Market By Production Type , From 2022 - 2027 ( USD Million )
  41. Rest of Latin America Aquaponics System  Market By Components, From 2022 - 2027 ( USD Million )
  42. Rest of Latin America Aquaponics System  Market By End user, From 2022 - 2027 ( USD Million )

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