Aquaponics Market Will Reach USD 1.4 Billion by 2025: Meticulous Research®

Aquaponics Market by Equipment (Grow Lights, Pumps and Valves, Fish Purge Systems, Aeration System), Product Type (Fish, Vegetables, Herbs, Fruit), Application (Commercial, Home Production), and Geography - Global Forecast to 2025

Pune, India - January 15, 2020 /MarketersMedia/ —

Population Reference Bureau stated that the global population is expected to reach around 9.8 billion in 2050, an increase of 31% from 7.5 billion in 2017. As the world’s population grows, demand for food increases subsequently. As a result, demand for various modern production techniques including aquaponics farming is increasing across the globe in order to meet growing food demand. As compared with the traditional farming, aquaponics posses’ various advantages such as low water consumption (almost 90% less), accelerated plant growth rates, and feasibility of producing multiple crops simultaneously. Moreover, growing urbanization and industrialization is causing shortage of healthy or productive (fertile) soil in urban areas. Thus, with the limitations of healthy soils in urban areas, aquaponics is a fast-growing alternative to cultivate and provide fresh as well as nutritional food in cities. Moreover, in aquaponics system, the constant recycling and reuse of water reduce the water wastage; thus, it is more sustainable and economical way of agricultural production in the water scarcity or drought areas. Meticulous Research® in its latest publication on Aquaponics Market states that global aquaponics market is expected to grow at a CAGR of 12.8% from 2019 to reach $1.4 billion by 2025.
To provide efficient analysis, Meticulous Research® has segmented this market on the basis of equipment (grow lights, pumps and valves, fish purge systems, in-line water heaters, aeration system, and other equipment), product type (fish, vegetables, herbs, and fruits), application (commercial, home production, and other applications). The study also evaluates industry competitors and analyzes the market at regional and country level.

Based on equipment, the global aquaponics market is segmented into grow lights, pumps and valves, fish purge systems, in-line water heaters, aeration system, and other equipment. Grow lights segment accounted for the largest share of the overall aquaponics farming market in 2018. The large share of this segment is mainly attributed to its growing adoption in the indoor farming practices as it is an essential part and mainly required for plant photosynthesis in the indoor farming.

Request Exclusive Free Sample PDF Of This Report At@ https://www.meticulousresearch.com/request-sample-report/cp_id=5018

On the basis of product type, the global aquaponics farming market is mainly segmented into fish, vegetables, herbs, and fruits. Fish commanded the largest share of the overall aquaponics farming market in 2018. The large share of this segment is mainly driven by the factors such as growing global population and increasing fish demand for human consumption. Moreover, the factors such as high nutritional profile of the fish and changing lifestyle are further supporting the growth of this market.

On the basis of application, the global aquaponics market is mainly segmented into commercial, home production, and other applications. Commercial application accounted for the largest share of the overall market in 2018, due to rising demand for organic food products in the local market and need to reduce production cost with the increase in profitability of farming.

Geographic Review

Geographically, the overall aquaponics farming market is mainly segmented into North America (U.S., Canada, and Mexico), Europe (U.K., Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and RoAPAC), Latin America (Brazil, Argentina, and RoLATAM), and Middle East & Africa. North America commanded the largest share of the global aquaponics market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific region is slated to grow at the highest CAGR during the forecast period. The growth of this market is expected to be driven by the several factors such as rapid growth in the population, vast demand for organic food products, and increasing disposable income. Apart from this, the factors such as growth in urbanization, improvement in urban farming methods, and rising innovations in the field of agriculture are further supporting the growth of the aquaponics farming market.

Get Inside Scoop Of The Report, Download For Free Sample PDF @https://www.meticulousresearch.com/download-sample-report/cp_id=5018
(Note: Sample PDF Download with TOC, Charts, and Graphs)

Key Players:

The report provides competitive intelligence in terms of financials, growth strategies, product portfolios, and geographical presence on some of the key players operating in this market including Pentair Aquatic Eco-System (U.S.), Nelson and Pade, Inc. (U.S.), Aquaponics USA (U.S.), Green Life Aquaponics (U.S.), The Aquaponics Source (U.S.), Endless Food Systems (U.S.), Japan Aquaponics (Japan), Stuppy, Inc. (U.S.), Symbiotic Aquaponic LLC (U.S.), Practical Aquaponics (Australia), SynergyPonics (South Africa), The Aquaponics Place LLC (U.S.), and AquaCal AutoPilot, Inc (U.S.), among others.

Key Topics Covered in This Report:

1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
1.3. Key Stakeholders

2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation

3. Executive Summary
3.1. Introduction
3.2. Product Analysis
3.3. Regional Analysis
3.4. Key Players

4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Improvement in Urban Farming Methods
4.2.2. Growing Fish Consumption
4.2.3. Rising Demand for Organic Fruits and Vegetables
4.2.4. Growing Reduction in Arable Land Areas
4.2.5. Changing Climate Conditions
4.3. Restraints
4.3.1. High Initial Start-Up Cost
4.3.2. Critical Management Requirement
4.4. Opportunities
4.4.1. Growing Use of Aquaponic Systems in Offices and Restaurants
4.4.2. Reducing Water Use and Discharge to the Environment

5. Global Aquaponics Market, by Equipment
5.1. Introduction
5.2. Grow Lights
5.3. Pumps and Valves
5.4. Fish Purge Systems
5.5. In-Line Water Heaters
5.6. Aeration System
5.7. Others

6. Global Aquaponics Market, by Product Type
6.1. Introduction
6.2. Fish
6.3. Vegetables
6.4. Herbs
6.5. Fruit

7. Global Aquaponics Market, by Application
7.1. Introduction
7.2. Commercial
7.3. Home Production
7.4. Others

...To Know More TOC with list of table and figures @ https://www.meticulousresearch.com/product/aquaponics-market-5018/

Contact Info:
Name: Khushal
Email: Send Email
Organization: Meticulous Market Research Pvt.Ltd
Address: Pune, India
Phone: +91-744-778-0008
Website: https://www.meticulousresearch.com/product/aquaponics-market-5018/

Source URL: https://marketersmedia.com/aquaponics-market-will-reach-usd-14-billion-by-2025-meticulous-research/88942875

Source: MarketersMedia

Release ID: 88942875

More News From trendyreporter.com

Globes carpet kicks off with big sleeves and shades of pink

Jan 25, 2020

NEW YORK — Cynthia Erivo and Greta Gerwig rocked sparkling chokers as the Golden Globes red carpet kicked off Sunday, with Erivo in a hand-beaded custom Thom Browne gown and Gerwig in black and cream. Both went off-shoulder for the big night in Beverly Hills, California. Erivo, the “Harriet” star and fashion standout, said her dress includes designs of her favorite flower, the peony, at the hem and in her lining. The short-sleeve gown, Erivo told E!, took 800 hours. A huge blue stone dropped from her short necklace. Shades of pink had an early trend moment on Kirsten Dunst...

Judge: No slander in Alec Baldwin's comments on parking spat

Jan 25, 2020

NEW YORK — Alec Baldwin didn't slander a man in interviews about a parking dispute that turned physical, a judge has ruled as dueling lawsuits between the actor and the other driver continue. Baldwin's remarks — including claims that Wojciech Cieszkowski's driving was “really fast,” “really aggressive” and made the actor think his wife and son were about to be run over — were "hyperbole" and "rhetorical illustrations," Manhattan judge David B. Cohen wrote Thursday. “They are words of frustration with someone's driving,” not accusations that amount to slander, Cohen wrote. He tossed out Cieszkowski's slander claim, but his assault...

Innovative fashion designers lead the way on sustainability

Jan 25, 2020

LONDON — Innovative fashion designers are turning to such things as horseradish and nettles to make sustainable clothing and accessories to the delight of a growing number of buyers. While more consumers are paying closer attention to how the production of goods impacts the environment, old habits die hard. A buy-and-toss mentality persists despite a boost from celebrities helping to drive the upcycle and vintage movements. Actress Maggie Q, who created an activewear line from recycled fabrics, is among activists who see plenty of room for improvement. She says she feels "sick about fast fashion.'' "You hear people say, 'Well,...

Streep, Miranda and Stone are named as Met Gala co-0chairs

Jan 25, 2020

NEW YORK — Next year's Met Gala may be the closest we'll ever come to getting a Miranda Priestly moment at the starry event. Meryl Streep has been named as a co-chair of the Metropolitan Museum of Art's Costume Institute. The Oscar-winner played Priestly, a thinly veiled fictional version of Vogue editor Anna Wintour, in the movie "The Devil Wears Prada." Wintour clearly has no hard feelings because she selected Streep as a co-chair along with Lin-Manuel Miranda and fellow Oscar-winner Emma Stone. Designer Nicolas Ghesquiere rounds out the group. The gala's theme is "About Time: Fashion and Duration," which...

ABC says interview with Epstein accuser wasn't ready to air

Jan 25, 2020

NEW YORK — ABC News faced questions Tuesday about its reluctance to air a sensitive story of alleged sexual misconduct after a leaked video emerged of reporter Amy Robach complaining about how her bosses handled an interview with a Jeffrey Epstein accuser. The conservative web site Project Veritas released video of Robach venting that "every day I get more and more pissed" that her 2015 interview with Virginia Giuffre never made the air. Robach made her remarks late in August while sitting in a Times Square studio with a microphone but not on the air. ABC said Tuesday that the...

Our trendy reporters are fashionistas who love gossips as much as you do. We don’t just report the news, but we report it uniquely so you can read with style, only in Trendy Reporter.

Contact us: sales@trendyreporter.com

Entertainment Award Shows Celebrity Fashion Shows Movies Music Television Programs Press Releases