Global Aquaponics Market: Demand from Agriculture and Food & Beverage Manufacturing to Impel Market’s Growth

Market Research Future adds new report of “Global Aquaponics Market Research Report- Forecast to 2022” it contains Company information, geographical data and Table of Content

Market Synopsis of Aquaponics:

Market Scenario:

Aquaponics is the system of farming plants and fish together in a mutually beneficial series. It is the sustainable form of agriculture which integrates conventional aquaculture and hydroponics leading to the growth of fishes and plants together in a symbiotic environment. Waste produced by fish contains lots of beneficial nitrates and ammonia which is not good for fishes if they remaining water in great quantity. These nitrates and ammonia containing wastes are good fertilizers for plants which can consume all these nutrients to purify the water. Many cultures are using these cycles to produce high quality crops and nurture the fishes as an additional food source. Fish are kept in large tanks and plants are grown hydroponically (i.e. without water).The efficiency of aquaponics systems is improving with the introduction of new technologies. Aquaponics are becoming popular as an ecofriendly and efficient way to produce food. Increasing demand of organic fruits and vegetables, improvement in urban farming methods and off-season availability of fruits & vegetables are driving the aquaponics market growth from last few years. Also, low cost in terms of lesser preparation time, lower transport & storage costs of food and higher margins are the major benefits of aquaponics

Market Segments:

• Aquaponics market has been segmented on the basis of Production Type; which comprises of fish, vegetables & fruits, herbs

• Aquaponics has been segmented on the basis of Equipment; which comprises pumps and valves, grow lights, water heaters, grow lights, water quality testing, fish purge systems, aeration systems

• Aquaponics is segmented on the basis of Component; which comprises sump, rearing tanks, biofilter, hydroponics subsystem, settling basin

• Aquaponics is segmented on the basis of Application; which comprises commercial, home food production, education and research

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Key Findings:

• Aquaponics is emerging as sustainable and intensive food production system in North America. The number of aquaponic practitioners are highly concentrated in U.S.

• Emerging economies such as India and China are projected to grow at the highest CAGR in the review period owing to the increasing organic food demand and increasing disposable income

• Aquaponics application in home food production is growing at higher rate compare to other application segments

Study Objectives of Aquaponics Market

• Detail analysis of the market’s segments and sub-segments

• To estimate and forecast market size by production type, equipment, component, application and region

• To analyses key driving forces which are influencing the market

• Region level market analysis and market estimation of North America, Europe, Asia-Pacific, and rest of the world (ROW) and their countries

• Value chain analysis & supply chain analysis of the market

• Company profiling of major players in the market

• Competitive strategy analysis and mapping key stakeholders in the market

• Analysis of historical market trends and technologies along with current government regulatory requirements

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Key Players

The key players profiled in the Aquaponics market are as

• Urban Farms AG (Switzerland)
• Nelson & Pade Inc. (U.S.)
• ECF Farmsystems GmbH (Germany)
• My Aquaponics (South Africa)
• Backyard Aquaponics Pty Ltd (Australia)
• Colorado Aquaponics (U.S.)
• Greenlife Aquaponics (U.S.)

Intended Audience

• Aquaponics component/equipment manufacturers
• Aquaculture Industry
• Researchers and educational institutions
• Retailers and wholesalers
• Traders, importers and exporters systems.

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Regional Analysis

The Global Aquaponics Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). North America has the major market share in the global Aquaponics market.Increasing population and demand for organic food products is supporting the aquaponics market growth in Asia Pacific region which is projected to grow at the highest CAGR. Innovation in technology to enhance efficiency of aquaponics system, is fueling the market growth in North America and Europe region.

The Aquaponics market is segmented under the following regions mentioned below:

North America
• US
• Canada

Europe
• Germany
• France
• Italy
• Spain
• UK
• Rest of Europe

Asia-Pacific
• China
• India
• Australia
• Singapore
• Rest of Asia Pacific

Rest of the world
• Brazil
• Argentina
• Saudi Arabia
• South Africa

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