Global Aquaponics Market Forecast
In terms of value, the global aquaponics market is anticipated to expand at a CAGR of 7.4% during the forecast period, and is expected to account for US$ 78,949.4 Mn by produce type and US$ 123,455 Mn by equipment type by 2028 end. By product type, the fishsegment is projected to be the fastest growing segment in the aquaponics market over the forecast period.
By equipment type, the tank systems segment occupies a dominant position in the global market, owing to high usage, and is expected to retain its dominance in the equipment segment through to 2028, with a 32.2% share, followed by the rafts, liners, & medium segment, which is expected to account for a market share of 26.4% by 2028. By technique, the DWC segment is expected to account for a 73.8% market value share over the forecast period.By produce type fishsegment, the tilapia segmentis expected to register the highest growth in the global aquaponics market through to 2028, with an 8.5% growthby 2028.
By region, North America is expected to retain its dominance in the global aquaponics market by 2028, with a 41.4% value share, followed by Western Europe, which is expected to account for a market share of 25.8% by 2028.
The report analyses the market share of the aquaponics on the basis ofproduct form and end use. A section of the report highlights aquaponics demand, product wise. It provides a market outlook for 2018–2028 and sets the forecast within the context of the aquaponics ecosystem, including the new technological developments as well as product offerings in the global aquaponics market. This study discusses key trends contributing to growth of the global aquaponics market, as well as analyses the degree to which drivers are influencing the global market.
Top companies operating in the global aquaponics market
In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. Key categories of providers covered in the report are aquaponics’ key players of the global aquaponics market. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the aquaponics space. Key players in the global aquaponics market includes Nelson and Pade, Inc., Pentair Aquatic Eco-Systems, Inc., ECF Farmsystems GmbH, AquaCal AutoPilot, Inc., Japan Aquaponics, GrowUp Urban Farms Ltd., Kunia Country Farms LLC, Green Life Aquaponics, Backyard Aquaponics Pty Ltd, Hapa Farms, Lucky Clays Fresh, Blueplanet Urban Agro Services Pvt Ltd, Global Aquaponic Systems Corporation, Ichthys Aquaponics, Aponic Ltd, Red Ewald Inc., LivinGreen, MyAquaponics, The aquaponik manufaktur GmbH and NutraPonics Canada Corporation.
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