Global Aquaponics Market is Anticipated to Grow at a CAGR of 10.70% During 2017 – 2022

The global aquaponics market was valued at US$523.75 million in 2017 and is expected to grow at a CAGR of 10.70% to reach a market size of US$870.62 million by the year 2022. Aquaponic is an integrated system of growing fish and plants together, wherein the waste produced by aquatic creatures is used to provide nutrients to plants. Under aquaponic system, hydroponic system receives water from aquaculture system in which by-products of the process such as ammonia gets broken down with the help of nitrifying bacteria into nitrites first and then into nitrates later which are then consumed up as nutrients by plants and then the water is again go into aquaculture system.

Market Outlook

Increasing global population is pressurizing to increase the crop yield which, in turn, is augmenting the demand for aquaponics solutions in order to cultivate the crop in a sustainable and natural manner without the use of harmful pesticides. Moreover, improvement in urban farming methods and high demand for off-seasoning fruit and vegetables are further fuelling the growth of global aquaponics market. The growing consumption of fish will bolster the market growth in the coming years owing to the cost benefits of aquaponics. Rising demand for organic fruits and vegetables will also propel the growth of global aquaponics market during the forecast period.

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Geographic Outlook

APAC region will drive the aquaponics market owing to rising population base coupled with growing awareness about benefits of organic farm products. Farmers in emerging economies are using aquaponics in order to produce organic fruits and vegetables and fishes simultaneously.

Segmentation

Global Aquaponics Market has been segmented on the basis of component, equipment, product type, end-user, and geography as follows:

• By Component

o Bio Filter

o Rearing Tanks

o Settling Basins

o Aquaponic Produce

o Others

• By Equipment

o In-Line Water Heaters

o Grow Lights

o Pumps and Valves

o Fish Purge Systems

o Others

• By Product Type

o Fish

o Herbs

o Fruits

o Vegetables

• By End User

o Commercial

o Home Production

o Research

• By Geography

• Americas

• North America

• South America

• Europe Middle East and Africa

• Europe

• The Middle East and Africa

• Asia Pacific

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Market Players

Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Aquaponic Lynx, Green Life Aquaponics, and Nelson and Pade among others.

Table of Content

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

4.1. Segmentation

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Porter's Five Forces

4.6. Supplier Outlook

4.7. Industry Outlook

4.8. Industry Value Chain Analysis

4.9. Scenario Analysis

5. Global Aquaponics Market Forecast by Component (US$ billion)

5.1. Bio Filter

5.2. Rearing Tanks

5.3. Settling Basins

5.4. Aquaponic Produce

5.5. Others

6. Global Aquaponics Market Forecast by Equipment (US$ billion)

6.1. In-Line Water Heaters

6.2. Grow Lights

6.3. Pumps and Valves

6.4. Fish Purge Systems

6.5. Others

7. Global Aquaponics Market Forecast by Product Type (US$ billion)

7.1. Fish

7.2. Herbs

7.3. Fruits

7.4. Vegetables

8. Global Aquaponics Market Forecast by End User(US$ billion)

8.1. Commercial

8.2. Home Production

8.3. Research

9. Global Aquaponics Market Forecast by Geography (US$ billion)

9.1. Americas

9.1.1. North America

9.1.2. South America

9.2. Europe Middle East and Africa

9.2.1. Europe

9.2.2. Middle East and Africa

9.3. Asia Pacific

10. Competitive Intelligence

10.1. Market Share of Key Players

10.2. Investment Analysis

10.3. Recent Deals

10.4. Strategies of Key Players

11. Company Profiles

11.1. Aquaponic Lynx LLC

11.2. Green Life Aquaponics

11.3. Nelson and Pade, Inc

11.4. The Aquaponic Source

11.5. ECF Farmsystems GmbH

11.6. NutraPonics Canada Corporation

11.7. Backyard Aquaponics

11.8. UrbanFarmers AG

11.9. MyAquaponics

……Continued

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