The U.S. aquaponics market is projected to grow at a CAGR of around 19% over the next ten years. Nelson & Pade Aquaponics, Practical Aquaponics, Aquaponics USA, The Aquaponic Source, Pentair Aquatic Eco-System, Inc. Are identified as key Aquaponics brands

DUBAI, United Arab Emirates, July 28, 2022 (GLOBE NEWSWIRE) -- The global aquaponics market is projected to reach a value of US$3.3 Billion by 2032, with sales growing at a robust CAGR of 8.3% for the forecast period of 2022-2032. Application of aquaponics provides benefits like a rise in income due to dual growing activities, reduced technical complexity, and limited water consumption. Thus, the aquaponics market- expected to reach an estimated value of US$1.5 Billion in 2022- is showing significant growth. 

A closed-loop water-circulation system combining fish aquaculture and vegetable cultivation not only saves a lot of water but also boosts crop productivity during periods of extreme drought. This entire system is aquaponics technology.

Small-scale farmers are now open to including aquaponics as a farming technique. The successful utilization of aquaponics ensures an increase in revenue as well as limited consumption of water. Rising demand for sustainable agricultural approaches also promotes market growth for aquaponics. 

Request Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-4376

Due to rapid urbanization and a growing population, arable lands are disappearing. Adaptation of the aquaponics system helps combat this issue. Aquaponics requires minimal water for vegetable cultivation and generates almost 8 times more food per land in one-sixth of the area required by traditional agriculture. All these factors aid in the market expansion of aquaponics. Additionally, aquaponics utilizes water bi-products as fertilizers and simultaneously contributes to water recycling. This is also expected to contribute to the rising demand for aquaponics system.

“Rising market demand for organic food coupled with the need for sustainable agricultural approaches will likely boost the global market for aquaponics over the forecast period,” says an FMI analyst.  

Key Takeaways:

• Economic and ecological benefits of aquaponics to boost market possibilities.
• Demand for organic food will dominate the market.
• North America aquaponics market will offer lucrative market opportunities over the forecast period.
• The U.S. and Canada will be the biggest contributors to the aquaponics market.
• The Asia Pacific region will exhibit tremendous growth opportunities over the forecast period. 
• By application, the fruits and vegetable segment will show significant growth.
• Home delivery of groceries contributed to the increase in sales of the aquaponics-grown plant.
  
  

Competitive Landscape 

Nelson & Pade Aquaponics, Practical Aquaponics, Aquaponics USA, The Aquaponic Source, and Pentair Aquatic Eco-System, Inc., among others, are some of the major players in the aquaponics market that are profiled in the full version of the report.

Major organizations in the market are focusing on expanding services and employing strategic tactics like partnerships, mergers, and acquisitions to enhance their technological capabilities as well as improve their manufacturing and distribution process. 

Ask an Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-4376

More Insights into the Aquaponics Market Report

In its latest report, FMI offers an unbiased analysis of the global aquaponics market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on type (media filled growbeds (MFG), nutrient film technique (NFT), deep water culture (DWC), others), component (bio filter, settling basin, fish tanks, soil-free plant bed, rearing tanks, aquaponic produce, others), equipment (pumps and valves, water heaters, fish purge systems, aeration systems, water quality testing, others), applications (fish, herbs, fruits, vegetables), end use (commercial, home production, research), and region.

Aquaponics Market Regional Analysis

According to the latest reports by FMI, North America accounts for the major share of the global aquaponics market. This is primarily due to growing health-conscious trends, and rising demand for naturally and organically produced farm products like fruits and veggies. The market dominance of this region is expected to continue over the forecast period.

Canada and the United States are the primary drivers of the aquaponics market in North America, with the U.S. being in the lead. U.S’s lead is primarily due to the large-scale application of aquaponics in the fruits and vegetable segment.

Apart from North America, the Asia Pacific region displays multiple positive market opportunities for aquaponics technology. The region is anticipated to exhibit impressive growth rates in the global market over the forecast period.

Request Customization of the report @ https://www.futuremarketinsights.com/customization-available/rep-gb-4376

Market Segments Covered in Aquaponics Market Analysis

By Type:

• Media Filled Growbeds (MFG)
• Nutrient Film Technique (NFT)
• Deep Water Culture (DWC)
• Others

By Component:

• Bio Filter
• Settling Basins
• Fish tanks
• Soil-free plant bed
• Rearing Tanks
• Aquaponic Produce
• Others
  
  

By Equipment:

• Pumps and Valves
• Water Heaters
• Fish Purge Systems
• Aeration Systems
• Water Quality Testing
• Others

By Applications:

• Fish
• Herbs
• Fruits
• Vegetables

By End-User:

• Commercial
• Home Production
• Research 
  
  

Buy Now/Purchase @ https://www.futuremarketinsights.com/checkout/4376

Table of Content
1. Market Overview

    1.1. Market Coverage / Taxonomy

    1.2. Market Definition / Scope / Limitations

2. The Massive Impact of the Crisis

    2.1. Global Aquaponics Market Forecast Scenario Comparison of Annual Growth Rates for short Term (2022-2026) and Long Term (2027-2032)

    2.2. Key Factors Impacting the Market

3. Market Dynamics

    3.1. Drivers

    3.2. Restraints

    3.3. Opportunity

4. Key Regulations

    4.1. Packaging & Labelling Regulations

    4.2. Certifications and Certifying Agency Overview

    4.3. Import/Export Policies

5. Global Aquaponics Market Demand Analysis 2017-2021 and Forecast, 2022-2032

    5.1. Historical Market Volume (Metric Tons) Analysis, 2017-2021

    5.2. Current and Future Market Volume (Metric Tons) Projections, 2022-2032

    5.3. Y-o-Y Growth Trend Analysis

Click Here for Aquaponics Market 350 pages TOC Report

Aquaponics Market Segmentation Analysis

According to the latest study by FMI, by application, the fruits and vegetable segment is expected to present positive growth over the forecast period. This is owing to the U.S.’s contribution to the segment. The application of aquaponics technology has led to impressive fruit and vegetable cultivation. As per the Trade Associations, exports of fruits and vegetables increased by 7% to US$ 18.2 billion in 2012, up to over US$ 16.15 billion in 2019, making America one of the leading markets for organically cultivated fruits and veggies.

Have a Look at Related Research Reports of Food and Beverage:    

Potassium Acetate Market Size : Potassium Acetate Market by Class, Application & Region - Forecast 2022 – 2032

Frozen Desserts Market Share : Frozen Desserts Market by Product Type, Category, Sales Channel & Region - Forecast 2022 – 2032

Egg Albumin Protein Market Trends : Egg Albumin Protein Market By Flavor Type, Application, Function & Region - Forecast 2022 – 2032

Drum To Hopper Blends Premix Market Analysis : Drum to Hopper Blends Premix Market By Form, Ingredient Type, Application Type, Function Type & Region - Forecast 2022 – 2032

Synthetic Food Colors Market Outlook : Synthetic Food Colors Market by Form, Type, Colors, and Application & Region - Forecast 2022 – 2032

Quinoline Yellow WS Market Forecast : Quinoline Yellow WS Market by Purity, Solubility, Application & Region - Forecast 2022 – 2032

Industrial Alcohol Market Sales : Industrial Alcohol Market by Source, Product Type, Application, Processing Method & Region - Forecast 2022 – 2032

Vitamin Premix Market Value : Vitamin Premix Market by Form, Function, Application & Region - Forecast 2022 – 2032

Mineral Premix Market Demand : Mineral Premix Market by Form, Function, Application & Region - Forecast 2022 – 2032

Sunset Yellow FCF Market Analysis : Sunset Yellow FCF Market by Type, Application & Region - Forecast 2022 – 2032

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

About Us   

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.  

Contact: 
Future Market Insights, Inc
1602-6 Jumeirah Bay X2 Tower, 
Plot No: JLT-PH2-X2A, 
Jumeirah Lakes Towers, Dubai, 
United Arab Emirates    
Report: https://www.futuremarketinsights.com/reports/aquaponics-market
For Sales Enquiries: sales@futuremarketinsights.com    
Browse all Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.