Report Code: A11904 | Pages: NA | Jul 2023 | 2205 Views | ||
Author(s) : Roshan D | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Aquaponics Farming Market
Request Now !Aquaponics farming is the combination of aquaculture and hydroponics. One of the most appealing aspects of Aquaponics is that it closely resembles a natural ecosystem. Aquaponics is the study of the interaction of water, aquatic life, bacteria, nutrient dynamics, and plants in streams all over the world. Aquaponics leverages the power of bio-integrating these distinct components, taking inspiration from nature: The waste by-product from the fish is used as a food source for bacteria, which is then converted into a perfect fertilizer for the plants, allowing the water to be returned to the fish in a clean and safe state.
COVID-19 Impact analysis
Top Impacting Factors
Market Trends
Organic Produce Driving the Market demand
The desire for organically grown vegetables has tremendous potential and an untapped market for emerging aquaponic farms and aquaponic system suppliers. As aquaponics produce is free of chemical fertilizers and crop protection chemicals, with fish waste serving as the primary nutrient for plants. According to the Organic Trade Association, sales of organic fruits and vegetables increased by 5.6% to USD 17.40 billion in 2018, up from USD 16.42 billion the previous year, making the U.S. one of the major markets for organically cultivated fruits and vegetables.
Furthermore, Europe has one of the world's largest organic farmland areas, with Spain accounting for the most, with 2,246,475 hectares under organic cultivation. As a result, the worldwide aquaponic sector is likely to be driven even more by demand for organically cultivated product during the projection period.
Technological Advancements to Support Aquaponics Market Growth
Continuous technological integration into the existing aquaponics system is projected to assist farmers in expediting the process, resulting in increased productivity and shorter culture times. An aquaponics monitoring system was built as part of the research to properly monitor the pH values, humidity, temperature, and water level of the entire system. The monitoring system used special sensors to measure each of the data, which were then presented on an LCD and a monitoring system-specific web application. Farmers might successfully manage the aquaponics ecosystem using these parameters, potentially increasing productivity and lowering costs.
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Questions answered in the Report
Aquaponics Farming Market Report Highlights
Aspects | Details |
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By Facility Type |
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By Cultivation |
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By Fish type |
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By Region |
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Key Market Players | Japan Aquaponics, Nelson and Pade Inc., Pentair Aquatic Eco-Systems Inc., ECF Farmsystems GmbH, LivinGreen, Green Life Aquaponics, NutraPonics Canada Corporation, Lucky Clays Fresh, The aquaponik manufaktur GmbH, AquaCal AutoPilot Inc., Aponic Ltd |
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