Aquaponics Market Share 2026 : Historical Data and Growth Factors Analysis by Major Players Nelson and Pade, Aquaponic Source, Backyard Aquaponics,
This report provides detailed historical analysis of global market for Aquaponics from 2014-2018, and provides extensive market forecasts from 2019-2026 by region/country and subsectors.
New York, NY -- (SBWire) -- 07/05/2019 --This report studies the global Aquaponics market status and forecast, categorizes the global Aquaponics market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
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.
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Major Players in Aquaponics market are:
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
About market growth:
Aquaponics Market has been considered as a sustainable form to develop agriculture for a very long time in history, dating back to the Aztecs. While Aquaculture and Hydroponics are two different concepts, Aquaponics is a combined method of Food Sales in which both the former concepts are used to create a symbiotic ecosystem. This system was harnessed with an aim to grow plants and fish with help of nitrification using bacteria to provide the necessary nutrients. It works in a way where plants in hydroponic growth beds feed on the nutrient rich waste water from fish. Filtering beds remove fish affluent, algae, leftover fish feed and help recycle fresh water in to the fish tanks. Plants convert the carbon dioxide into oxygen, hence acting as natural water aeration systems. This form is currently making a huge comeback with many farmers, households and communities trying to implement it in their backyards or in their farms.
Investments in commercial large scale aquaponics projects are increasing widely due to a booming organic food market and growing urban farming. Aquaponics market is relatively fragmented with the presence of few players at country level and lack of regional and global companies.
In regional segments, North America and Europe possess significant potential whereas Asia-Pacific and other developing markets possess growth opportunities for Aquaponics over the forecast period. The technological advancement, growing investment by key stakeholders, and increasing demand for organic products in Europe and North American Region are promoting the growth of Aquaponics Market.
Aquaponics market can be segmented by type MFG, NFT, DWC, etc. and the revenue proportion of DWC in 2016 is about 47%. MFC is the simplest form of aquaponics, NFT is not common in aquaponics industry and the price of DWC is the highest. The growth of aquaponics market is mainly due to technological advancement. The key driver of aquaponics market is that it helps in enhancing the ultimate productivity with minimum inputs than traditional agriculture and aquaculture practices. Aquaponics is an advantageous technology as it helps in improving ultimate productivity in cost effective manner.
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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Media Filled Growbeds (MFG)
- Nutrient Film Technique (NFT)
- Deep Water Culture (DWC)
- Others
By Application, the market can be split into
- Academic
- Commercial
- Family
- Others
Market share:
The study on the Aquaponics market further blends in the best of both primary and secondary research to estimate and verify the current status of import and export, demand and supply, consumption power, spending capacity and distribution channel worldwide. The report examines the market standing of prominent manufacturers and evaluates the strategies they have adopted to stay competitive. The study also applies qualitative and quantitative techniques to assess the annual and financial performance of the top vendors and insights from market leaders. Comprehensive coverage of the recent developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers form an important part of the research on the Aquaponics market for the forecast period, 2018 to 2025.
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In market segmentation by geographical regions, the report has analysed the following regions-
- North America
- Europe
- China
- Japan
- Middle East & Africa
- India
- South America
- Others
Exploring growth rate over a period
For more clarity on the real potential of the Aquaponics market for the forecast period of 2018 - 2025 the study provides vital intelligence on the major opportunities, threats and challenges posed by the industry. Besides, a strong emphasis is laid on the weaknesses and strengths of some of the prominent players operating in the same market. Quantitative assessment of the recent momentum brought about by events such as collaborations, acquisition and mergers, product launches and technology innovation empower product owners, marketing professionals and business analysts make a profitable decision, reduce cost and increase their customer base.
The research provides answers to the following key questions:
- What will be the growth rate of the Aquaponics market for the forecast period, 2018 - 2025? What will be the market size for the estimated period?
- What are the prominent factors driving the Aquaponics market across different regions?
- Who are the major vendors dominating the Aquaponics industry and what are their winning strategies?
- What are the major trends shaping the development of the industry in the coming years?
- What are challenges faced by the Aquaponics market?
- What are potential opportunities for the industry for the forecast period, 2018 - 2025?
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