Global Aquaponics Market Growth 2023-2029

Global Aquaponics Market Growth 2023-2029

Aquaponics refers to any system that combines conventional aquaculture (raising aquatic animals such as snails, fish, crayfish or prawns in tanks) with hydroponics (cultivating plants in water) in a symbiotic environment. In normal aquaculture, excretions from the animals being raised can accumulate in the water, increasing toxicity. In an aquaponics system, water from an aquaculture system is fed to a hydroponic system where the by-products are broken down by Nitrifying bacteria into nitrates and nitrites, which are utilized by the plants as nutrients, and the water is then recirculate back to the aquaculture system.
LPI (LP Information)' newest research report, the “Aquaponics Industry Forecast” looks at past sales and reviews total world Aquaponics sales in 2022, providing a comprehensive analysis by region and market sector of projected Aquaponics sales for 2023 through 2029. With Aquaponics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aquaponics industry.
This Insight Report provides a comprehensive analysis of the global Aquaponics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aquaponics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aquaponics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aquaponics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aquaponics.
The global Aquaponics market size is projected to grow from US$ 29 million in 2022 to US$ 65 million in 2029; it is expected to grow at a CAGR of 65 from 2023 to 2029.
Global Aquaponics key players include Nelson and Pade, Aquaponic Source, Backyard Aquaponics, Aquaponics USA, Gothic Arch Greenhouses, etc. Global top five manufacturers hold a share about 50%. North America is the largest market, with a share about 70%, followed by Asia-Pacific and Europe, total with a share about 20 percent. In terms of product, DWC is the largest segment, with a share about 40%. And in terms of application, the largest application is Construction, followed by Family, Academic, and Commercial, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Aquaponics market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Media Filled Growbeds (MFG)
Nutrient Film Technique (NFT)
Deep Water Culture (DWC)
Others
Segmentation by application
Academic
Commercial
Family
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nelson and Pade
Aquaponic Source
Backyard Aquaponics
Aquaponics USA
PentairAES
Gothic Arch Greenhouses
Stuppy
ECF Farm Systems
Urban Farmers
PFAS
EcoGro
Aquaponic Lynx
Aquaponics Place
Endless Food Systems
Aonefarm
Japan Aquaponics
Evo Farm
Water Farmers
Key Questions Addressed in this Report
What is the 10-year outlook for the global Aquaponics market?
What factors are driving Aquaponics market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aquaponics market opportunities vary by end market size?
How does Aquaponics break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.