Global Aquaponics Market 2023

Global Aquaponics Market 2023

The analysis predicts the global aquaponics market will grow from USD 1,075 million in 2022 to USD 2,055 million by 2029, achieving a compound annual growth rate (CAGR) of 9.7 percent.

This industry report offers market estimates of the global market, followed by a detailed analysis of the growing system, facility type, fish type, and region. The global market data on aquaponics can be segmented by growing system: media filled beds, nutrient film technique (NFT), raft or deep-water culture (DWC) system. Among these, the raft system segment was accounted for the highest revenue generator in 2022. Aquaponics market is further segmented by facility type: indoor vertical farms, poly or glass greenhouses, others. The poly or glass greenhouses segment is estimated to account for the largest share of the global aquaponics market. Based on fish type, the aquaponics market is segmented into: carp, catfish, ornamental fish, tilapia, trout, others. The tilapia segment held the largest share of the global aquaponics market in 2022 and is anticipated to hold its share during the forecast period. On the basis of region, the aquaponics market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2022, North America made up the largest share of revenue generated by the aquaponics market.

The media filled beds market is further segmented into constant flow, ebb and flow (flood and drain). The ebb and flow (flood and drain) segment captured the largest share of the market in 2022 and is expected to maintain its dominance during the forecast period.

The global aquaponics market is highly competitive. The prominent players operating in the global aquaponics market include Aquaponics USA, BIGH Brussels Aquaponic Farm, ECF Farm Systems GmbH, Nelson and Pade Inc., Ouroboros Farms, Pentair Aquatic Eco-System Inc. (PAES), Practical Aquaponics, Springworks Farm, Superior Fresh LLC, The Aquaponic Source, Traders Hill Farm.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

Why buy this report?

• Get a detailed picture of the Global Aquaponics Market
• Identify segments/areas to invest in over the forecast period in the Global Aquaponics Market
• Understand the competitive environment, the market’s leading players
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.