Aquaponics Market Worth USD 0.88 billion by 2023 with CAGR of 10.71% during 2014 - 2023 | NutraPonics, Aquaponic Lynx LLC, Green Life Aquaponics, ECF Farm Systems GmbH, The Aquaponic Source, UrbanFarmers AG and Backyard Aquaponics

A research study titled, “Aquaponics Market by component, equipment, product type and end user - global industry analysis and forecast to 2023” published by crystal market research.

Major Leading Players:
The leading players in the market are NutraPonics, Aquaponic Lynx LLC, Green Life Aquaponics, ECF Farm Systems GmbH, The Aquaponic Source, UrbanFarmers AG and Backyard Aquaponics. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Market Highlights-
The global Aquaponics Market was worth USD 0.35 billion in 2014 and is expected to reach approximately USD 0.88 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 10.71% during the forecast period.

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Industry Outlook- Aquaponics Market
Aquaponic is an incorporated system of developing fish and plants together, wherein the waste delivered by amphibian animals is useful to give supplements to plants. Under aquaponic system, hydroponic system gets water from aquaculture system in which end-products of the procedure, for example, alkali gets separated with the assistance of nitrifying microscopic organisms into nitrites first and after that into nitrates later which are then expended up as supplements by plants and after that the water is again go into aquaculture system.

Market Segmentation- Aquaponics Market
The market is classified into component, equipment, product type and end user. On the basis of component the market is segmented into Bio Filter, Rearing Tanks, Settling Basins, Aquaporin Produce and Others. Based on equipment the market is segmented into n-Line Water Heaters, Grow Lights, Pumps and Valves and Fish Purge Systems. On the basis of product type the market is segmented into, Herbs, Fruits, Vegetables and Fish. On the basis of end user the market is segment into Commercial, Research and Home Production.

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Regional Trend Analysis
The Asia-Pacific region will boost the aquaponics market due to rising population base combined with rising awareness in regard to the advantages of organic farm products. Farmers in developing economies are making use of aquaponics in order to produce organic foods and fishes simultaneously.

Drivers and Restraints
Expanding worldwide populace is pressurizing to build the harvest yield which, thusly, is increasing the interest for aquaponics solutions to develop the product in an economical and common way without the usage of hurtful pesticides. In addition, change in urban cultivating techniques and appeal for off-seasoning foods grown from the ground are further fuelling the development of worldwide aquaponics market. The developing usage of fish will support the market development in the coming years inferable from the cost advantages of aquaponics. Rising interest for natural leafy foods will likewise push the development of worldwide aquaponics market amid the figure time frame.

Major TOC of Aquaponics Market
Introduction
Report Description
Research Methodology
Secondary Research
Primary Research

Executive Summary
Key Highlights

Market Overview
Introduction
Market Definition
Market Segmentation
Market Dynamics
Drivers
Restraints
Opportunities
Emerging Countries to Offer Lucrative Growth Opportunities

Market Analysis by Regions
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)

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