Market Overview:
Aquaponics is a type of hydroponics where the plants are grown in water and the waste produced by the fish provides nutrients for the plants. The global aquaponics hydroponics systems market is expected to grow at a CAGR of 16.5% during the forecast period 2018-2030. The growth of this market can be attributed to factors such as rising demand for organic food, increasing awareness about aquaponics, and technological advancements in aquaponics systems. The global aquaponics hydroponics systems market can be segmented on the basis of type into media filled grow beds, nutrient film technique (NFT), deep water culture (DWC), and others. On the basis of application, it can be segmented into commercial, family, and others segments.
Product Definition:
Aquaponics is the combination of aquaculture and hydroponics. In an Aquaponics system, water from an aquarium is used to circulate nutrients to plants grown in a soilless medium. The plants help purify the water by removing ammonia and nitrites. This creates a sustainable, recirculating ecosystem in which fish and plants can both thrive.
Media Filled Grow Beds:
Media Filled Grow Beds, also known as grow beds or growing beds are used in aquaponics hydroponics systems. The primary function of the media filled grow bed is to provide a medium for plant growth. It helps in providing essential nutrients and oxygen to the roots of plants thereby increasing its rate of growth. In addition, it provides drainage facility to allow excess water to flow out from the bed which prevents root rot and other such problems caused due to wet soil conditions.
Nutrient Film Technique (NFT):
Nutrient Film Technique (NFT) is a method of growing plants in nutrient solution in the absence of soil. It is similar to hydroponics, but instead of soil, there is a nutrient film present on the roots of plants. Nutrients are delivered to the plant through this technique by feeding them into a reservoir with an automatic feeder or by manually sprinkling nutrients onto the root system.
Application Insights:
The commercial application segment held the largest share of more than 70.0% in 2017. The increasing number of aquaponics centers is expected to boost product demand in the commercial sector over the forecast period. Commercial aquaponics hydroponics systems are used for producing vegetables and fruits with high yield, which is a key factor responsible for higher market penetration in this segment.
Growing popularity of vertical farming has increased the demand for these systems at home as well as at work places, especially across Europe and North America regions where indoor gardening is gaining traction among hobbyists and professionals alike. Growing awareness regarding healthy eating habits coupled with rising disposable income levels has led to an increase in demand for home-based or small-scale commercial production units across all major economies worldwide including China, India, U.S.
Regional Analysis:
North America dominated the global market in 2017 owing to the growing aquaculture industry and increasing awareness about aquaponics. The region is expected to witness significant growth over the forecast period on account of rising urbanization, consumer preference for organic food, and government support for promoting fish farming.
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 owing to increasing awareness among farmers regarding aquaponics. Furthermore, supportive government initiatives are also anticipated to drive regional market growth over the coming years. For instance, in India, The National Aquafeed Programme was introduced with an aim toward boosting production output of feedfish and tilapia while simultaneously reducing dependency on imports from foreign countries at a domestic level by encouraging efficient production systems across various states in India through this program (Horticulture Development Department 2015).
Growth Factors:
- Increasing demand for organic food: The global demand for organic food is increasing due to the growing awareness of the health benefits of consuming organic food. This is expected to drive the growth of the aquaponics hydroponics systems market.
- Rising population and urbanization: The population is growing at a rapid pace and is projected to reach 9 billion by 2050. This will lead to an increase in the demand for food, which will in turn drive the growth of the aquaponics hydroponics systems market. Additionally, with more people moving to cities, there is an increased need for efficient farming methods that can be used in limited spaces such as aquaponics hydroponics systems.
- Technological advancements: Aquaponics hydroponics systems are becoming increasingly popular due to their ability to provide high yields with minimal water usage and land requirements as compared to traditional farming methods such as soil-based agriculture or horticulture production using greenhouses or polytunnels . This has led to various technological advancements being made in this field, which is expected propelthe growth oftheaquaponicshydroponicssystemsmarketin thenear future .
Scope Of The Report
Report Attributes
Report Details
Report Title
Aquaponics Hydroponics Systems Market Research Report
By Type
Media Filled Grow Beds, Nutrient Film Technique (NFT), Deep Water Culture (DWC), Others
By Application
Commercial, Family, Others
By Companies
Pegasus Agriculture, Amhydro, Aquaponic Lynx, Argus Control, Backyard Aquaponics, BetterGrow Hydro, Colorado Aquaponics, ECF Farmsystems, GreenTech Agro, General Hydroponics, Hydrofarm, Hydrodynamics International, LivinGreen, My Aquaponics, Nelson and Pade, Perth Aquaponics, UrbanFarmers
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Aquaponics Hydroponics Systems Market Report Segments:
The global Aquaponics Hydroponics Systems market is segmented on the basis of:
Types
Media Filled Grow Beds, Nutrient Film Technique (NFT), Deep Water Culture (DWC), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Family, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pegasus Agriculture
- Amhydro
- Aquaponic Lynx
- Argus Control
- Backyard Aquaponics
- BetterGrow Hydro
- Colorado Aquaponics
- ECF Farmsystems
- GreenTech Agro
- General Hydroponics
- Hydrofarm
- Hydrodynamics International
- LivinGreen
- My Aquaponics
- Nelson and Pade
- Perth Aquaponics
- UrbanFarmers
Highlights of The Aquaponics Hydroponics Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Media Filled Grow Beds
- Nutrient Film Technique (NFT)
- Deep Water Culture (DWC)
- Others
- By Application:
- Commercial
- Family
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aquaponics Hydroponics Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aquaponics hydroponics systems are a type of aquaculture that combines the cultivation of fish and plants in an aquatic environment. The system uses recirculating water to provide nutrients and oxygen to the plants, while the fish clean up any excess nutrients that can harm other organisms in the system.
Some of the major players in the aquaponics hydroponics systems market are Pegasus Agriculture, Amhydro, Aquaponic Lynx, Argus Control, Backyard Aquaponics, BetterGrow Hydro, Colorado Aquaponics, ECF Farmsystems, GreenTech Agro, General Hydroponics, Hydrofarm, Hydrodynamics International, LivinGreen, My Aquaponics, Nelson and Pade, Perth Aquaponics, UrbanFarmers.
The aquaponics hydroponics systems market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aquaponics Hydroponics Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aquaponics Hydroponics Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aquaponics Hydroponics Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aquaponics Hydroponics Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aquaponics Hydroponics Systems Market Size & Forecast, 2018-2028
4.5.1 Aquaponics Hydroponics Systems Market Size and Y-o-Y Growth
4.5.2 Aquaponics Hydroponics Systems Market Absolute $ Opportunity
Chapter 5 Global Aquaponics Hydroponics Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aquaponics Hydroponics Systems Market Size Forecast by Type
5.2.1 Media Filled Grow Beds
5.2.2 Nutrient Film Technique (NFT)
5.2.3 Deep Water Culture (DWC)
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aquaponics Hydroponics Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aquaponics Hydroponics Systems Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Family
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aquaponics Hydroponics Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aquaponics Hydroponics Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aquaponics Hydroponics Systems Analysis and Forecast
9.1 Introduction
9.2 North America Aquaponics Hydroponics Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aquaponics Hydroponics Systems Market Size Forecast by Type
9.6.1 Media Filled Grow Beds
9.6.2 Nutrient Film Technique (NFT)
9.6.3 Deep Water Culture (DWC)
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aquaponics Hydroponics Systems Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Family
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aquaponics Hydroponics Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Aquaponics Hydroponics Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aquaponics Hydroponics Systems Market Size Forecast by Type
10.6.1 Media Filled Grow Beds
10.6.2 Nutrient Film Technique (NFT)
10.6.3 Deep Water Culture (DWC)
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aquaponics Hydroponics Systems Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Family
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aquaponics Hydroponics Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aquaponics Hydroponics Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aquaponics Hydroponics Systems Market Size Forecast by Type
11.6.1 Media Filled Grow Beds
11.6.2 Nutrient Film Technique (NFT)
11.6.3 Deep Water Culture (DWC)
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aquaponics Hydroponics Systems Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Family
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aquaponics Hydroponics Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Aquaponics Hydroponics Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aquaponics Hydroponics Systems Market Size Forecast by Type
12.6.1 Media Filled Grow Beds
12.6.2 Nutrient Film Technique (NFT)
12.6.3 Deep Water Culture (DWC)
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aquaponics Hydroponics Systems Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Family
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aquaponics Hydroponics Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aquaponics Hydroponics Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aquaponics Hydroponics Systems Market Size Forecast by Type
13.6.1 Media Filled Grow Beds
13.6.2 Nutrient Film Technique (NFT)
13.6.3 Deep Water Culture (DWC)
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aquaponics Hydroponics Systems Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Family
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aquaponics Hydroponics Systems Market: Competitive Dashboard
14.2 Global Aquaponics Hydroponics Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pegasus Agriculture
14.3.2 Amhydro
14.3.3 Aquaponic Lynx
14.3.4 Argus Control
14.3.5 Backyard Aquaponics
14.3.6 BetterGrow Hydro
14.3.7 Colorado Aquaponics
14.3.8 ECF Farmsystems
14.3.9 GreenTech Agro
14.3.10 General Hydroponics
14.3.11 Hydrofarm
14.3.12 Hydrodynamics International
14.3.13 LivinGreen
14.3.14 My Aquaponics
14.3.15 Nelson and Pade
14.3.16 Perth Aquaponics
14.3.17 UrbanFarmers
