123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Food,-Cooking-and-Drink >> View Article

Aquaponics Market Analysis, Competitive Landscape, Size, Share, Business Growth, Future Trends 2024

Profile Picture
By Author: Nikhil khadilkar
Total Articles: 431
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Market Scenario

The Global Aquaponics Market is expected to register a CAGR of 13.4% from 2019 to 2024 and reach USD 1.34 billion by the end of 2024. Aquaponics is incorporation of raising fish and cultivating plants together in a controlled system. If waste by-products of fishes get mixed in water, they can be harmful to fishes. On the other hand, these waste by-products of fishes are used as nutrients for plants, when converted into nitrate by nitrifying bacteria. Aquaponics exploits the above phenomena and uses waste by-products of fishes as nutrients to plants. At the same time, the water containing waste of fishes gets filtered as plants absorbs the nitrates. This water is than again recirculated into the system. Increased income due to dual raising activity, low water usage, and reduced technical complexity are the major factors driving the growth of global market. Moreover, increasing demand for organic food, is anticipated to fuel the growth of global market.

Segmentation

The Global Aquaponics Market has been segmented based on produce, components, equipment, application, and region.

The global ...
... market has been classified, based on produce, as fish, fruits & vegetables, and others.

The global market has been bifurcated, based on components, into rearing tank, settling basins, bio-filters, sump tanks, and others.

Based on equipment, the global market has been divided into pumps and valves, grow lights, water heaters, water quality testing, fish purge systems, aeration systems, and others.

Based on application, the global aquaponics industry has been categorized as commercial, home food products, and others.

The global market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world.

The North American aquaponics market has further been segmented into the US, Canada, and Mexico.

The European aquaponics market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe.

The aquaponics market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific.

The aquaponics industry, in the rest of the world, has been segmented into South America, the Middle East, and Africa.

Key Players

Backyard Aquaponics Pty Ltd (Australia), Colorado Aquaponics (US), Greenlife Aquaponics (US), Urban Farms AG (Switzerland), Nelson & Pade Inc. (US), Ichthys Aquaponics (South Africa), Aponic Ltd (UK), Red Ewald Inc. (US), ECF Farmsystems GmbH (Germany), My Aquaponics (South Africa), Hapa Farms (US), Lucky Clays Fresh (US), NutraPonics Canada Corporation (Canada), Pentair Aquatic Eco-Systems Inc. (US), and Japan Aquaponics (Japan), are some of the key players in the global aquaponics market.

For More Information @ https://www.marketresearchfuture.com/reports/aquaponics-market-2257

Regional Analysis

The market in North America is expected to dominate the global aquaponics market during the forecast period due to the increasing demand of organic food and adaptation of modern techniques in farming.

Moreover, the continuous technological innovations to increase efficiency of aquaponics is anticipated to fuel the growth of aquaponics market. Asia-Pacific is projected to grow at highest CAGR due to the increase in population leading to increased food demand. Additionally, the farmers in developing countries like India and China are now moving towards aquaponics due to increased income with dual raising activity and easy technical operations.

The market in the rest of the world is expected to gain a significant share as the South American countries are now adapting aquaponics due to lower operating cost and increase in demand of organic food.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Total Views: 370Word Count: 613See All articles From Author

Add Comment

Food, Cooking and Drink Articles

1. 5 Mouthwatering Comfort Food Recipes
Author: michael

2. Why Organic Tea Is The Purest Way To Enjoy Your Daily Brew
Author: John Smith

3. Professional Event Catering In Muscat: Experience Excellence
Author: catherin

4. Instant Noodles, Done Right: Gluten-free, Organic Twist On A Comfort Classic
Author: John Smith

5. Jagdamba Grand Hotel – Among The Best Veg And Non-veg Restaurants In Moshi
Author: Jagdamba Grand Hotel

6. Experience Comfort And Culinary Delight At Jagdamba Grand Hotel – The Best Hotel In Moshi
Author: Jagdamba Grand Hotel

7. How Indian Sweets Keep Our Traditions Alive
Author: Delicacysweets

8. Lab-grown Meat: Can Science Solve The World’s Hunger Crisis?
Author: Impaakt Magazine

9. 5 Must-know Tips For Operating A Diesel Water Pump During Monsoons
Author: Neptune farming

10. Westborough Food Pantry Welcomes Public To Donate Food At "fill A Truck" Event On Saturday, July 26
Author: Steven Dubin

11. Indulge In Culinary Excellence At The Best Fresh Seafood Restaurant In The Marina
Author: Sammy's

12. Biodegradable Packaging: Why It Matters & How We're Improving
Author: Madhu

13. The World On A Plate, Seasoned With India
Author: Yoggendar Shinde

14. Smart Packaging For Street Food: Small Paper Containers For Dips
Author: Gujarat Shopee

15. How To Choose The Best Pizza Delivery Near Wilkinsburg?
Author: Joeandpie

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: