Press release
Aquaponics Market To Hit $1,019 Million By 2026 | CAGR: 11% | Leading Industry Players like UrbanFarmers, Backyard Aquaponics, ECF Farmsystems, My Aquaponics, Aqua Allotments, Nelson & Pade Inc. and others.
Global Aquaponics Market report provides a comprehensive analysis of the aquaponics market industry market by Key players and regions. This report also displays the 2026 production, Consumption, revenue, Gross margin, Cost, Gross, market share, types, applications, and Market influencing factors of the aquaponics market.The global Aquaponics Market is anticipated to reach $1,019 million by 2026 according to a new research published by Polaris Market Research. In 2018, the Deep Water Culture segment accounted for the highest Aquaponics market share in terms of revenue. North America is expected to be the leading contributor to the global Aquaponics market revenue in 2018.
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The increase in the population worldwide and growth in global food demand majorly drives the aquaponics market growth. Aquaponics is increasingly being used to meet the high-demand for food crops. The ability to produce high quality crops throughout the year, lesser use of water for crop cultivation, and lower dependency on weather conditions boost the aquaponics market growth. Growing demand for organic and chemical free crops, and rising urban population accelerate the growth of the aquaponics market. New emerging markets, and reduced environmental pollution by aquaponics would provide growth opportunities in the aquaponics market in the coming years.
North America generated the highest aquaponics market share in terms of revenue in 2018. The growing urbanization, and rising population has accelerated the aquaponics market growth in the region. A significant rise in the demand for organic and chemical free food products supports the growth of the aquaponics market in the region. The technological advancements in farming methods, and increasing awareness among consumers improves the aquaponics market growth rate. Asia-Pacific is expected to grow at the highest rate during the forecast period. This is owing to significant growth of population in the region. Lack of fertile land, and strong technical expertise in agricultural practices in the region promotes the adoption of aquaponics in the region. Technological advancements and established R&D institutes in China and Japan further supplements the aquaponics market growth.
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The well-known companies profiled in the aquaponics market report include Ultrasonics Canada Corporation, UrbanFarmers AG, Backyard Aquaponics Pty Ltd., ECF Farmsystems GmbH, My Aquaponics, Aqua Allotments, Nelson & Pade Inc., Colorado Aquaponic, Greenlife Aquaponics, Aquaponic Lynx LLC, and The Aquaponic Source among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Leading players in the aquaponics market partner and collaborate with other players in the market to enhance their offerings in the market and expand their customer base. For instance, Aerofarms has partnered with Dell Technologies to expand its technological requirements of machine learning and network systems. Fluence Bioengineering, offers lighting solutions for Aquaponics to its consumers. The company’s Fluence RAZR Series is developed for various Aquaponics applications such as full-cycle cultivation of leafy greens, young plant propagation of vegetable, ornamental and cannabis crops.
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Key Segments:
Aquaponics by Product
• Key Findings
• Fish
• Herbs
• Fruits
• Vegetables
• Others
Aquaponics by Component
• Key Findings
• Bio Filter
• Rearing tanks
• Settling Basins
• Hydroponics Subsystem
• Others
Aquaponics Market by Method
• Key Findings
• Deep Water Culture
• Nutrition Film Technique
• Media-Filled Beds
• Ebb and Flow
• Drip Irrigation
• Others
Aquaponics by End-User
• Key Findings
• Commercial
• Home Production
• Community
• Agriculture and Farming
• Education and Research
• Others
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
Contact us
Mr. Rohit
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
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