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Aquaponics Market - Global Industry Analysis

Aquaponics Market by Product (Fish, Herbs, Fruits, and Vegetables), by Components (Bio Filter, Rearing Tanks, Settling Basins, Hydroponics subsystem, and Others): Global Industry Perspective, Comprehensive Analysis And Forecast, 2017-2024

Published Date: 13-Jul-2018 Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-2240 Status : Published

Global aquaponics market expected to reach approximately USD 1.3 billion by 2024, growing at a CAGR of around 10% between 2018 and 2024. The aquaponics market is expected to witness substantial growth within the forecast period. The market is mainly driven by increasing demand for organic fruit and vegetables.

Description

The report covers a detailed analysis and forecast for the aquaponics market on a global and regional level from 2015 to 2024. The study offers historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study comprises a comprehensive view of the market with the review of market drivers, restraints, and opportunities. It also provides the level of impact of drivers and restraints on the aquaponics market between 2015 and 2024.

The study includes a detailed competitive scenario and the product portfolio of key vendors. The report evaluates Porter’s Five Forces model to analyze the different factors affecting the growth of the aquaponics market. Moreover, the study encompasses a market attractiveness analysis, which provides the most attractive and least attractive market segments information by component type, product type, and region.

Global Aquaponics Market

The report includes detailed segmentation of aquaponics market based on product, component, and region. Fish, herbs, fruits, and vegetables are the key products in the aquaponics market. On the basis of component type segment, the market can be classified into bio-filter, rearing tanks, settling basins, hydroponics subsystem, and others. Major regional segment analyzed in this report include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further bifurcation into major countries including the U.S. Germany, France, UK, China, Japan, India, and Brazil.

The report provides detailed competitive outlook including market share and company profiles of the key players operating in the global market. Some of the key participants in the report include Aqua Allotments, Backyard Aquaponics Pty Ltd., The Aquaponic Source, UrbanFarmers AG, ECF Farmsystems GmbH, Nelson and Pade Inc., My Aquaponics, Ultrasonics Canada Corporation, and others. 

This report segments the global aquaponics market as follows:

Global Aquaponics market: Product Segment Analysis

  • Fish 
  • Herb 
  • Fruit 
  • Vegetables 

Global Aquaponics Market: Component Type Segment Analysis

  • Bio Filter 
  • Rearing tanks
  • Settling Basins
  • Hydroponics Subsystem
  • Other

Global Sugar Beet Seeds Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Aquaponics market, 2015 - 2024(USD Billion)
    • 2.2. Global Aquaponics market : Snapshot
  •  
  • Chapter 3. Aquaponics - Market Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Global aquaponics market drivers: Impact analysis
      • 3.2.2. Increasing population
      • 3.2.3. Increasing demand for organic fruits and vegetables
    • 3.3. Market Restraints
      • 3.3.1. Global aquaponics market restraints: Impact analysis
      • 3.3.2. Initial investment cost
    • 3.4. Opportunities
      • 3.4.1. Increasing population and food demand
    • 3.5. Porter's five forces analysis
      • 3.5.1. Bargaining power of suppliers
      • 3.5.2. Bargaining power of buyers
      • 3.5.3. Threat from new entrants
      • 3.5.4. Threat from new substitutes
      • 3.5.5. Degree of competition
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by product type segment
      • 3.6.2. Market attractiveness analysis, by component type segment
      • 3.6.3. Market attractiveness analysis, by regional segment
  •  
  • Chapter 4. Global Aquaponics Market - Competitive Landscape
    • 4.1. Company market share, 2015 (Subject To Data Availability)
      • 4.1.1. Global Aquaponics market: company market share, 2015
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Product and Regional Expansion
    • 4.3. Product Portfolio
  •  
  • Chapter 5. Global Aquaponics Market - Product Analysis
    • 5.1. Global aquaponics market: Product overview
      • 5.1.1. Global Aquaponics market revenue share, by product, 2015 - 2024
    • 5.2. Fish
      • 5.2.1. Global aquaponics market for fish products, 2015 - 2024 (USD Billion)
    • 5.3. Herb
      • 5.3.1. Global aquaponics market for herb products, 2015 - 2024 (USD Billion)
    • 5.4. Fruit
      • 5.4.1. Global aquaponics market for fruit products, 2015 - 2024 (USD Billion)
    • 5.5. Vegetable
      • 5.5.1. Global aquaponics market for vegetables products, 2015 - 2024 (USD Billion)
  •  
  • Chapter 6. Global Aquaponics Market - Component type Analysis
    • 6.1. Global Aquaponics market: Component type overview
      • 6.1.1. Global aquaponics market revenue share, by component type, 2015 - 2024
    • 6.2. Bio-Filter
      • 6.2.1. Global aquaponics market for biofilter, 2015 - 2024 (USD Billion)
    • 6.3. Rearing Tanks
      • 6.3.1. Global aquaponics market for rearing tanks, 2015 - 2024 (USD Billion)
    • 6.4. Settling Basins
      • 6.4.1. Global aquaponics market for settling basins, 2015 - 2024 (USD Billion)
    • 6.5. Hydroponics Subsystem
      • 6.5.1. Global aquaponics market for hydroponics subsystem, 2015 - 2024 (USD Billion)
    • 6.6. Other
      • 6.6.1. Global aquaponics market for other, 2015 - 2024 (USD Billion)
  •  
  •  
  • Chapter 7. Global Aquaponics Market - Regional Segment Analysis
    • 7.1. Global Aquaponics market: Regional overview
      • 7.1.1. Global aquaponics market revenue share, by region, 2015 - 2024
    • 7.2. North America
      • 7.2.1. North America aquaponics market revenue, by product, 2015 - 2024 (USD Billion)
      • 7.2.2. North America aquaponics market revenue, by Component type, 2015 - 2024 (USD Billion)
      • 7.2.3. The U.S.
        • 7.2.3.1. U.S. aquaponics market revenue, by product, 2015 - 2024 (USD Billion)
        • 7.2.3.2. U.S. aquaponics market revenue, by Component type, 2015 - 2024 (USD Billion)
    • 7.3. Europe
      • 7.3.1. Europe aquaponics market revenue, by product, 2015 - 2024 (USD Billion)
      • 7.3.2. Europe aquaponics market revenue, by Component type, 2015 - 2024 (USD Billion)
      • 7.3.3. Germany
        • 7.3.3.1. Germany aquaponics market revenue, by product, 2015 - 2024, (USD Billion)
        • 7.3.3.2. Germany aquaponics market revenue, by Component type, 2015 - 2024, (USD Billion)
      • 7.3.4. France
        • 7.3.4.1. France aquaponics market revenue, by product, 2015 - 2024, (USD Billion)
        • 7.3.4.2. France aquaponics market revenue, by Component type, 2015 - 2024, (USD Billion)
      • 7.3.5. UK
        • 7.3.5.1. UK aquaponics market revenue, by product, 2015 - 2024 (USD Billion)
        • 7.3.5.2. UK aquaponics market revenue, by Component type, 2015 - 2024 (USD Billion)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific aquaponics market revenue, by product, 2015 - 2024, (USD Billion)
      • 7.4.2. Asia Pacific aquaponics market revenue, by Component type, 2015 - 2024, (USD Billion)
      • 7.4.3. China
        • 7.4.3.1. China aquaponics market revenue, by product, 2015 - 2024 (USD Billion)
        • 7.4.3.2. China aquaponics market revenue, by Component type, 2015 - 2024 (USD Billion)
      • 7.4.4. Japan
        • 7.4.4.1. Japan aquaponics market revenue, by product, 2015 - 2024 (USD Billion)
        • 7.4.4.2. Japan aquaponics market revenue, by Component type, 2015 - 2024 (USD Billion)
      • 7.4.5. India
        • 7.4.5.1. India aquaponics market revenue, by product, 2015 - 2024 (USD Billion)
        • 7.4.5.2. India aquaponics market revenue, by Component type, 2015 - 2024 (USD Billion)
    • 7.5. Latin America
      • 7.5.1. Latin America aquaponics market revenue, by product, 2015 - 2024 (USD Billion)
      • 7.5.2. Latin America aquaponics market revenue, by Component type, 2015 - 2024 (USD Billion)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil aquaponics market revenue, by product, 2015 - 2024 (USD Billion)
        • 7.5.3.2. Brazil aquaponics market revenue, by Component type, 2015 - 2024 (USD Billion)
    • 7.6. The Middle East and Africa
      • 7.6.1. The Middle East and Africa aquaponics market revenue, by product, 2015 - 2024 (USD Billion)
      • 7.6.2. The Middle East and Africa aquaponics market revenue, by Component type, 2015 - 2024 (USD Billion)
  •  
  • Chapter 8. Company Profile
    • 8.1. Aquaponic Lynx LLC
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Greenlife Aquaponics
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Aqua Allotments
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Backyard Aquaponics Pty Ltd
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. The Aquaponic Source
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. UrbanFarmers AG
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. ECF Farmsystems GmbH
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Nelson and Pade Inc.
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. My Aquaponics
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
    • 8.10. Ultrasonics Canada Corporation
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

List of Figures 

1.Market research process
2.Market research methodology
3.Global Aquaponics market revenue, 2015 – 2024(USD Billion) 
4.Porter’s five forces analysis
5. Aquaponics Market attractiveness analysis, by product segment
6.Aquaponics: Market attractiveness analysis, by Component type segment
7.Aquaponics: Market attractiveness analysis, by regional segment
8.Company market share analysis, 2017
9.Global Aquaponics market revenue share by product, 2015 – 2024
10.Global  Aquaponics market for fish Products, 2015 – 2024, (USD Billion) 
11.Global  Aquaponics market for herb products, 2015 – 2024, (USD Billion) 
12.Global  Aquaponics market for fruit Products, 2015 – 2024, (USD Billion) 
13.Global Aquaponics market for vegetable products, 2015 – 2024, (USD Billion) 
14.Global Aquaponics market revenue share by Component type, 2015 – 2024
15.Global Aquaponics market for bio-filter, 2015 – 2024, (USD Billion) 
16.Global  Aquaponics market for rearing tanks, 2015 – 2024, (USD Billion)
17.Global Aquaponics market for settling basins, 2015 – 2024, (USD Billion) 
18.Global Aquaponics market for hydroponics subsystem, 2015 – 2024, (USD Billion) 
19. Global Aquaponics market for other, 2015 – 2024, (USD Billion) 


List of Tables

1.Aquaponics  market: Market Snapshot                                                                                                                        
2.Drivers of global Aquaponics  market: Impact analysis 
3.Restraints of global Aquaponics  market: Impact analysis  
4. North America Aquaponics market revenue, by product, 2015 – 2024(USD Billion) 
5. North America Aquaponics market revenue, by Component type, 2015 – 2024(USD Billion) 
6.U.S. Aquaponics market revenue, by product, 2015 – 2024(USD Billion) 
7.U.S. Aquaponics market revenue, by Component type, 2015 – 2024(USD Billion) 
8. Germany Aquaponics market revenue, by product, 2015 – 2024(USD Billion)
9. Germany Aquaponics market revenue, by Component type, 2015 – 2024(USD Billion)
10. France Aquaponics market revenue, by product, 2015 – 2024(USD Billion) 
11. France Aquaponics market revenue, by Component type, 2015 – 2024(USD Billion)
12.UK Aquaponics market revenue, by product, 2015 – 2024(USD Billion) 
13.UK Aquaponics market revenue, by Component type, 2015 – 2024(USD Billion)
14. Asia Pacific Aquaponics market revenue, by product, 2015 – 2024(USD Billion) 
15. Asia Pacific Aquaponics market revenue, by Component type, 2015 – 2024(USD Billion) 
16. China Aquaponics market revenue, by product 2015 – 2024(USD Billion) 
17. China Aquaponics market revenue, by Component type 2015 – 2024(USD Billion) 
18. Japan Aquaponics market revenue, by product, 2015 – 2024(USD Billion)
19. Japan Aquaponics market revenue, by Component type, 2015 – 2024(USD Billion)
20. India Aquaponics market revenue, by product, 2015 – 2024(USD Billion)
21. India Aquaponics market revenue, by Component type, 2015 – 2024(USD Billion)
22. Latin America Aquaponics market revenue, by product, 2015 – 2024(USD Billion) 
23. Latin America Aquaponics market revenue, by Component type, 2015 – 2024(USD Billion) 
24. Brazil Aquaponics market revenue, by product, 2015 – 2024(USD Billion)
25. Brazil Aquaponics market revenue, by Component type, 2015 – 2024(USD Billion)
26. Middle East and Africa Aquaponics market revenue, by product, 2015 – 2024(USD Billion)
27. Middle East and Africa Aquaponics market revenue, by Component type, 2015 – 2024(USD Billion)

Methodology

Free Analysis

Aquaponics stands for raising aquatic plants and aquatic animals together in a symbiotic environment. It is a sustainable form of farming plants and fish together in a beneficial way. Fish waste contains a lot of nitrates and ammonia which are beneficial for the plant. Nitrates and ammonia are good fertilizers for the plant. But nitrates and ammonia are harmful to fishes if it remains in water in large quantity. Plants in aquaponics can consume all the nitrates and ammonia and purify the water.

Growing population and increasing demand for food are expected to impact positively the global aquaponics market. Moreover growing demand for vegetables and organic fruits is expected to drive the demand for aquaponics in near future. Improvement in the adoption of new urban farming methods and demand for off-season availability of fruits & vegetables is expected to fuel the market growth over the years to come. In addition, low cost of production, time, lower transportation & storage cost of food and higher margins are other beneficial factors for the aquaponics market growth. However, high price of initial system setup & installation and unavailability of skilled labor required for aquaponics is expected to hinder the market growth within the forecast period. Nonetheless, technological advancement in farming and innovative steps towards environmental sustainability offer a vast opportunity for the industry participants in aquaponics market.

Global Aquaponics Market

The product line includes fish, herbs, fruits, and vegetables. By product, vegetable segment dominated in 2017. Fish is another important segment and is poised for strong growth during the forecast period.

Based on components the market is segmented into bio-filter, settling basins, rearing tanks, hydroponics subsystem, and others. The hydroponic subsystem segment is anticipated to grow at an estimated CAGR of 6.39% from 2018 to 2024.

By geography, North America and Europe accounted for the largest chunk of market share in terms of revenue in 2017. The industry is expected to be driven by increasing population and demand for organic food products in developed and developing economies. In terms of revenue, North America and Europe were followed by Asia Pacific and Latin America in 2017 where most of the countries are developing. North America and Europe are expected to grow significantly in the years to come. This is chiefly due to increasing demand for organic products, technological advancement, and growing investment by key stakeholders. 
The global aquaponics market is consolidated with the major players; these players accounted for a considerable share of the market in 2017. Some of the leading companies have been investing in product advancement and are maintaining superior standards in order to hold their dominance in the market. Some of the major players in the aquaponics market are Backyard Aquaponics Pty Ltd., Aqua Allotments, Nelson and Pade Inc., The Aquaponic Source, Ultrasonics Canada Corporation, ECF Farmsystems GmbH, My Aquaponics, and UrbanFarmers AG. 

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