Aquaponics Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Aquaponics Market covers analysis by Production Type (Fish, Vegetables & Fruits, Herbs, and Others); Components (Rearing Tanks, Settling Basins, Sump, Biofilter, Hydroponics); Equipment (Grow Lights, Water Heaters, Pumps And Valves, Aeration Systems, and Others); and End User(Commercial, Home Food Production, Education & Research, and Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPTE100000723
  • Category : Chemicals and Materials
  • No. of Pages : 150
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Aquaponics Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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Aquaponics is a combination of hydroponic and aquaculture systems, which grows plants and fish together in one unified system. The cycle of aquaponics includes the waste produce by fishes which is being used as organic food for plants and then these plants will naturally filter the water, which will be used for the fishes again. The rise in the demand of organic fruits and vegetables, and these systems permit agriculture to take substantial steps toward environmental sustainability are the drivers of aquaponics market.

The factor that can act as a restraint in the growth of the market is the high cost of initial setup of aquaponics system and the high investment for technological system installation especially in emerging economies may hamper the aquaponics market. However, the increasing demand of enhancement in urban farming methods and off-season availability of fruits & vegetables will create new opportunities in the market of aquaponics in the forecast period.

The "Global Aquaponics Market Analysis to 2028" is a specialized and in-depth study of the aquaponics industry with a focus on the global market trend. The report aims to provide an overview of global aquaponics market with detailed market segmentation by production type, components, equipment, end user, and geography. The global aquaponics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global aquaponics market based on production type, components, equipment, and end user. It also provides market size and forecast till 2028 for overall aquaponics market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.

Also, key aquaponics market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Ultrasonics Canada Corporation, Aquaponic Lynx LLC, Backyard Aquaponics Pty Ltd, ECF Farmsystems GmbH, Nelson & Pade Inc., Urban Farms AG, Greenlife Aquaponics, The Aquaponic Source, My Aquaponics, and Colorado Aquaponics among others. REGIONAL FRAMEWORK
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

1 Introduction
1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance

2 Key Takeaways
3 Aquaponics Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Aquaponics Market - By Production Type
3.2.2 Aquaponics Market - By Components
3.2.3 Aquaponics Market - By Equipment
3.2.4 Aquaponics Market - By End User
3.2.5 Aquaponics Market - By Region By Countries
3.3 PEST Analysis
3.3.1 North America - PEST Analysis
3.3.2 Europe - PEST Analysis
3.3.3 Asia Pacific - PEST Analysis
3.3.4 Middle East and Africa - PEST Analysis
3.3.5 South America - PEST Analysis

4 Aquaponics Market - Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis

5 Aquaponics Market Analysis- Global
5.1 Global Aquaponics Market Overview
5.2 Global Aquaponics Market Forecasts and Analysis

6 Aquaponics Market Revenue and Forecasts to 2028 - Production Type
6.1 Overview
6.2 Production Type Market Forecasts and Analysis
6.3 Fish Market
6.3.1 Overview
6.3.2 Fish Market Forecasts and Analysis
6.4 Vegetables & Fruits Market
6.4.1 Overview
6.4.2 Vegetables & Fruits Market Forecasts and Analysis
6.5 Herbs Market
6.5.1 Overview
6.5.2 Herbs Market Forecasts and Analysis
6.6 Others Market
6.6.1 Overview
6.6.2 Others Market Forecasts and Analysis
7 Aquaponics Market Revenue and Forecasts to 2028 - Components
7.1 Overview
7.2 Components Market Forecasts and Analysis
7.3 Rearing Tanks Market
7.3.1 Overview
7.3.2 Rearing Tanks Market Forecasts and Analysis
7.4 Settling Basins Market
7.4.1 Overview
7.4.2 Settling Basins Market Forecasts and Analysis
7.5 Sump Market
7.5.1 Overview
7.5.2 Sump Market Forecasts and Analysis
7.6 Biofilter Market
7.6.1 Overview
7.6.2 Biofilter Market Forecasts and Analysis
7.7 Hydroponics Market
7.7.1 Overview
7.7.2 Hydroponics Market Forecasts and Analysis
8 Aquaponics Market Revenue and Forecasts to 2028 -Equipment
8.1 Overview
8.2 Equipment Market Forecasts and Analysis
8.3 Grow Lights Market
8.3.1 Overview
8.3.2 Grow Lights Market Forecasts and Analysis
8.4 Water Heaters Market
8.4.1 Overview
8.4.2 Water Heaters Market Forecasts and Analysis
8.5 Pumps And Valves Market
8.5.1 Overview
8.5.2 Pumps And Valves Market Forecasts and Analysis
8.6 Aeration Systems Market
8.6.1 Overview
8.6.2 Aeration Systems Market Forecasts and Analysis
8.7 Others Market
8.7.1 Overview
8.7.2 Others Market Forecasts and Analysis
9 Aquaponics Market Revenue and Forecasts to 2028 - End User
9.1 Overview
9.2 End User Market Forecasts and Analysis
9.3 Commercial Market
9.3.1 Overview
9.3.2 Commercial Market Forecasts and Analysis
9.4 Home Food Production Market
9.4.1 Overview
9.4.2 Home Food Production Market Forecasts and Analysis
9.5 Education & Research Market
9.5.1 Overview
9.5.2 Education & Research Market Forecasts and Analysis
9.6 Others Market
9.6.1 Overview
9.6.2 Others Market Forecasts and Analysis
10 Aquaponics Market Revenue and Forecasts to 2028 - Geographical Analysis
10.1 North America
10.1.1 North America Aquaponics Market Overview
10.1.2 North America Aquaponics Market Forecasts and Analysis North America Market Forecasts and Analysis - By Countries US market Canada market Mexico market North America Market Forecasts and Analysis - By Production Types North America Market Forecasts and Analysis - By Components North America Market Forecasts and Analysis - By Equipment North America Market Forecasts and Analysis - By End User
10.2 Europe
10.2.1 Europe Aquaponics Market Overview
10.2.2 Europe Aquaponics Market Forecasts and Analysis Europe Market Forecasts and Analysis - By Countries France market Germany market Italy market Spain market UK market Europe Market Forecasts and Analysis - By Production Type Europe Market Forecasts and Analysis - By Components Europe Market Forecasts and Analysis - By Equipment Europe Market Forecasts and Analysis - By End User
10.3 Asia pacific (APAC)
10.3.1 Asia Pacific Aquaponics Market Overview
10.3.2 Asia Pacific Aquaponics Market Forecasts and Analysis Asia Pacific Market Forecasts and Analysis - By Countries Australia market China market India market Japan market Asia Pacific Market Forecasts and Analysis - By Production Type Asia Pacific Market Forecasts and Analysis - By Components Asia Pacific Market Forecasts and Analysis - By Equipment Asia Pacific Market Forecasts and Analysis - By End User
10.4 Middle East and Africa (MEA)
10.4.1 Middle East and Africa Aquaponics Market Overview
10.4.2 Middle East and Africa Aquaponics Market Forecasts and Analysis Middle East and Africa Market Forecasts and Analysis - By Countries South Africa market Saudi Arabia market UAE market Middle East and Africa Market Forecasts and Analysis - By Production Type Middle East and Africa Market Forecasts and Analysis - By Components Middle East and Africa Market Forecasts and Analysis - By Equipment Middle East and Africa Market Forecasts and Analysis - By End User
10.5 South America (SAM)
10.5.1 South America Aquaponics Market Overview
10.5.2 South America Aquaponics Market Forecasts and Analysis South America Market Forecasts and Analysis - By Countries Brazil market South America Market Forecasts and Analysis - By Production Type South America Market Forecasts and Analysis - By Components South America Market Forecasts and Analysis - By Equipment South America Market Forecasts and Analysis - By End User
11 Industry Landscape
11.1 Mergers & acquisitions
11.2 Market Initiatives
11.3 New developments
11.4 Investment scenarios

12 Competitive Landscape
12.1 Competitive Product mapping
12.2 Market Positioning/ Market Share

13 Aquaponics Market, Key Company Profiles
13.1 Ultrasonics Canada Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Aquaponic Lynx LLC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Backyard Aquaponics Pty Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 ECF Farmsystems GmbH
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Nelson & Pade Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Urban Farms AG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Greenlife Aquaponics
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 The Aquaponic Source
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 My Aquaponics
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Colorado Aquaponics
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments

14 Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
14.3 Research Methodology
The List of companies

1. Ultrasonics Canada Corporation
2. Aquaponic Lynx LLC
3. Backyard Aquaponics Pty Ltd
4. ECF Farmsystems Gmbh
5. Nelson & Pade Inc.
6. Urban Farms AG
7. Greenlife Aquaponics
8. The Aquaponic Source
9. My Aquaponics
10. Colorado Aquaponics

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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