Global Aquaponics Market Size by Product, Type, Application & Market Opportunities Forecast to 2025
Global Aquaponics Market, By Production Type (Fish, Vegetables & Fruits, Herbs And Others), Equipment (Pumps And Valves, Grow Lights, Water Heaters, Water Quality Testing, Fish Purge Systems, Aeration Systems And Others), Component (Sump, Rearing Tanks, Bio Filter, Hydroponics Subsystem, Settling Basin And Others)
Aquaponics is the arrangement of cultivating plants and fish together in a commonly helpful arrangement. It is the practical type of horticulture which coordinates regular aquaculture and hydroponics prompting the development of fishes and plants together in a harmonious situation. Squander delivered by angle contains loads of helpful nitrates and smelling salts which isn’t useful for angles on the off chance that they remaining water in awesome amount. These nitrates and alkali containing squanders are great manures for plants which can expend every one of these supplements to filter the water.
The Global Aquaponics Market is expected to reach USD 125,500 million by 2025, from USD 80,500 million in 2017 growing at a CAGR of 7.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Key Market Competitors: Global Aquaponics Market
The key players operating in the global aquaponics market are –
Aqua Allotments
Backyard Aquaponics Pty Ltd
The Aquaponics Source
The other players in the market are associated Urban Farmers AG, ECF Farm systems GmbH, Nelson and Pade Inc, My Aquaponics, Ultrasonic Canada Corporation, Aquaponics Lynx LLC, Green Life Aquaponics, Nelson and Pade Inc, Pentair Aquatic Eco-Systems, AquaCal AutoPilot, Japan Aquaponics, GrowUp Urban Farms Ltd, Inc, Kunia Country Farms LLC, Hapa Farms, Lucky Clays Fresh, Blueplanet Urban Agro Services Pvt Ltd, LivinGreen, Aponic Ltd among other.
Market Drivers:
Intense competition at retail level to acquire more customers
Increasing practices to enhance customer experience and analyse buying behaviour
Market Restraint:
High installing and maintenance cost
Competitive Analysis: Global Aquaponics Market
The global aquaponics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of aquaponics market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In September, 2013 Aquaponics store opened a pairs of growing fresh fish with fresh vegetables. The Aquaponics Source, pairs those two interests. One of the earliest employees of Aero grows a Boulder company that uses a pump system and an aerator to grow plants in water.
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