The global Aquaponics Market is anticipated to reach $1,019 million by 2026 according to a new research published by Polaris Market Research. In 2018, the Deep Water Culture segment accounted for the highest Aquaponics market share in terms of revenue. North America is expected to be the leading contributor to the global Aquaponics market revenue in 2018.
The increase in the population worldwide and growth in global food demand majorly drives the aquaponics market growth. Aquaponics is increasingly being used to meet the high-demand for food crops. The ability to produce high quality crops throughout the year, lesser use of water for crop cultivation, and lower dependency on weather conditions boost the aquaponics market growth. Growing demand for organic and chemical free crops, and rising urban population accelerate the growth of the aquaponics market. New emerging markets, and reduced environmental pollution by aquaponics would provide growth opportunities in the aquaponics market in the coming years.
North America generated the highest aquaponics market share in terms of revenue in 2018. The growing urbanization, and rising population has accelerated the aquaponics market growth in the region. A significant rise in the demand for organic and chemical free food products supports the growth of the aquaponics market in the region. The technological advancements in farming methods, and increasing awareness among consumers improves the aquaponics market growth rate. Asia-Pacific is expected to grow at the highest rate during the forecast period. This is owing to significant growth of population in the region. Lack of fertile land, and strong technical expertise in agricultural practices in the region promotes the adoption of aquaponics in the region. Technological advancements and established R&D institutes in China and Japan further supplements the aquaponics market growth.
The well-known companies profiled in the aquaponics market report include Ultrasonics Canada Corporation, UrbanFarmers AG, Backyard Aquaponics Pty Ltd., ECF Farmsystems GmbH, My Aquaponics, Aqua Allotments, Nelson & Pade Inc., Colorado Aquaponic, Greenlife Aquaponics, Aquaponic Lynx LLC, and The Aquaponic Source among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Leading players in the aquaponics market partner and collaborate with other players in the market to enhance their offerings in the market and expand their customer base. For instance, Aerofarms has partnered with Dell Technologies to expand its technological requirements of machine learning and network systems. Fluence Bioengineering, offers lighting solutions for Aquaponics to its consumers. The company’s Fluence RAZR Series is developed for various Aquaponics applications such as full-cycle cultivation of leafy greens, young plant propagation of vegetable, ornamental and cannabis crops.
Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Aquaponics Market Insights
3.1. Aquaponics – Industry snapshot
3.2. Aquaponics - Ecosystem analysis
3.3. Aquaponics Market Dynamics
3.3.1. Aquaponics – Market Forces
3.3.1.1. Aquaponics Market Driver Analysis
3.3.1.2. Aquaponics Market Restraint/Challenges analysis
3.3.1.3. Aquaponics Market Opportunity Analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Aquaponics Market PEST Analysis
3.6. Aquaponics Market Value Chain Analysis
3.7. Aquaponics Industry Trends
3.8. Competitive Ranking Analysis, 2017
4. Aquaponics Market Size and Forecast, 2018-2026 by Product
4.1. Key Findings
4.2. Fish
4.3. Herbs
4.4. Fruits
4.5. Vegetables
4.6. Others
5. Aquaponics Market Size and Forecast, 2018-2026 by Component
5.1. Key Findings
5.2. Bio Filter
5.3. Rearing tanks
5.4. Settling Basins
5.5. Hydroponics Subsystem
5.6. Others
6. Aquaponics Market Size and Forecast, 2018-2026 by Method
6.1. Key Findings
6.2. Deep Water Culture
6.3. Nutrition Film Technique
6.4. Media-Filled Beds
6.5. Ebb and Flow
6.6. Drip Irrigation
6.7. Others
7. Aquaponics Market Size and Forecast, 2018-2026 by End-User
7.1. Key Findings
7.2. Commercial
7.3. Home Production
7.4. Community
7.5. Agriculture and Farming
7.6. Education and Research
7.7. Others
8. Aquaponics Market Size and Forecast, 2018-2026 by Region
8.1. Key Findings
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. UK
8.3.3. France
8.3.4. Italy
8.3.5. Rest of Europe
8.4. Asia-Pacific
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Rest of Asia-Pacific
8.5. Latin America
8.5.1. Brazil
8.6. Middle East & Africa
9. Company Profiles
9.1. Ultrasonics Canada Corporation
9.1.1. Overview
9.1.2. Financials
9.1.3. Product Benchmarking
9.1.4. Recent Developments
9.2. UrbanFarmers AG
9.2.1. Overview
9.2.2. Financials
9.2.3. Product Benchmarking
9.2.4. Recent Developments
9.3. Backyard Aquaponics Pty Ltd.
9.3.1. Overview
9.3.2. Financials
9.3.3. Product Benchmarking
9.3.4. Recent Developments
9.4. ECF Farmsystems GmbH
9.4.1. Overview
9.4.2. Financials
9.4.3. Product Benchmarking
9.4.4. Recent Developments
9.5. My Aquaponics
9.5.1. Overview
9.5.2. Financials
9.5.3. Product Benchmarking
9.5.4. Recent Developments
9.6. Aqua Allotments
9.6.1. Overview
9.6.2. Financials
9.6.3. Product Benchmarking
9.6.4. Recent Developments
9.7. Nelson & Pade Inc.
9.7.1. Overview
9.7.2. Financials
9.7.3. Product Benchmarking
9.7.4. Recent Developments
9.8. Colorado Aquaponic
9.8.1. Overview
9.8.2. Financials
9.8.3. Product Benchmarking
9.8.4. Recent Developments
9.9. Greenlife Aquaponics
9.9.1. Overview
9.9.2. Financials
9.9.3. Product Benchmarking
9.9.4. Recent Developments
9.10. Aquaponic Lynx LLC
9.10.1. Overview
9.10.2. Financials
9.10.3. Product Benchmarking
9.10.4. Recent Developments
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