How is Limited Availability of Water Resources Driving Aquaponics Market? | Top Players are Aquaponic Solutions, Aquaponics USA, Backyard Aquaponics Pty. Ltd., Green Life Aquaponics, and Pentair Aquatic Eco-Systems Inc

Almost all the natural resources, including water and fossil fuels, are getting depleted at a rapid pace because of increased consumption by human beings. The need for such resources though is only growing due to the surging population. Other than this, the need for increasing productivity on agricultural farms is pressing at the present time as well. Owing to all these reasons, there is a pressing requirement for ensuring that the available resources on the planet are utilized with utmost care, while increasing the productivity and making sure that needs of people are met.

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The report will also provide a country-wise analysis. Some of the major countries that are covered in the report are the U.S., Canada, France, Germany, the U.K., Italy, China, Japan, India, South Korea, Brazil, Argentina, Saudi Arabia, and South Africa.

One of such techniques for increasing the crop yield, along with ensuring that as much less water is consumed as possible, is aquaponics. Aquaculture, which is the science of farming fish, and hydroponics, the science of growing plants without soil, together make up the concept of aquaponics. Under this technique, ammonia that is excreted by fish from protein metabolism is converted into nitrate trough nitrifying bacteria, which is utilized by the plants. Furthermore, plants act as a water filtration system as they absorb mineral and nitrogenous wastes and enhance water quality for fish. Therefore, fish and plants are beneficial for each other.

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The different aquaponics systems used are deep-water culture, media-filled beds, and nutrient film technique. Since media-filled beds are characterized by a simple form, they are preferred more as compared to other systems. In addition to this, these systems allow roots of pants to be exposed to air, periodically, thereby preventing waterlogging. The demand for all of these systems is expected to increase significantly in the years to come, as they do not need a farmland or any land for the cultivation of crops, and the process can be carried out on gravel, sand, or rocky surfaces.

When geography is taken into consideration, North America emerged is predicted to emerge as a major aquaponics market in the near future. This can be attributed to the growing focus towards sustainable farming techniques and increasing government support for the aquaculture society in the region. Apart from this, the utilization of aquaponics systems is predicted to rise in emerging economies in Asia-Pacific (APAC), including Thailand, China, India, and Indonesia, in the coming years because of limited water resources and growing requirement for organic yield.

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Aquaponics Market Competitive Landscape

Some of the players in the global aquaponics market are Aquaponic Solutions, Aquaponics USA, Backyard Aquaponics Pty. Ltd., Green Life Aquaponics, and Pentair Aquatic Eco-Systems Inc.

Market Segmentation

Market Segmentation by System
Media-Filled Beds
Nutrient Film Technique
Deep-Water Culture
Others

Market Segmentation by Plant
Basil
Tomato
Kale
Lettuce
Cucumber
Pepper
Others

Market Segmentation by Fish
Tilapia
Bluegill
Sunfish
Crappie
Koi
Goldfish
Pacu
Others

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