The aquaponics market is expected to grow at a CAGR of 12.8% from 2019 to reach $1.4 billion by 2025. In aquaponics farming system, plants and fish are cultivated together in a mutually beneficial series. It is one of the sustainable forms of agriculture where conventional aquaculture and hydroponics integrates, leading to the growth of fishes and plants together under a symbiotic environment. In this system, nutrient-rich effluent is used to irrigate connected hydroponic bed while fertilizing its plant crops at the same time. In aquaponics system, the constant recycling and reuse of water reduce the water wastage; thus, it is a more sustainable way of agricultural production in water scarcity areas. In addition, aquaponics system also offers more crop production in less space throughout the year as compared to traditional methods. Aquaponics market systems lead to less adverse environmental impact compared to traditional methods of agricultural production. Growing fish consumption, rising demand for organic fruit and vegetables, improvement in urban farming methods, growing reduction in arable land areas, and changing climate conditions are the major factors driving the growth of the global aquaponics market.
Changing Climatic Conditions Fuels the Growth of the Global Aquaponics Market
Day-by-day changing earth’s energy balance leads to change in the global climatic conditions. The current climate conditions bring new stresses on agricultural production and prevent sustainable vegetation production in many areas. As a result, demand for alternative agricultural practices that will be sustainable in the long term such as aquaponics market or aquaponics farming is increasing throughout the globe. Moreover, strains on the environment from food production have caused declines in biodiversity, soil carbon, and air quality. Issues such as soil erosion, high groundwater salinization from fertilizer/pesticides, and decreased water availability further increases demand for sustainable agricultural production practices, globally.
In addition, aquaponics market as compared to the other agricultural production techniques, aquaponics farming eliminates the additional requirement of fertilizers, pesticides, or herbicides. It is considered that aquaponic uses around 90% less water than traditional farming, and able to grow six times more per square foot than traditional farming. All these environmental benefits are likely to boost the demand of aquaponics in near future.
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In aquaponics market,Growing global population and increasing need for maximizing yield leads to the growth of indoor farming throughout the globe. In indoor farming, the grow lights play a vital role in plant photosynthesis as it emits essential lights required to plants for photosynthesis. Therefore, owing to growing indoor farming and rising adoption of grow lights in indoor farming, the grow lights are expected to see the largest gains in demand through 2025 in the global aquaponic farming market.
Based on product type, the aquaponics market is segmented into fish, vegetables, herbs, and fruits. The fish segment accounted for the largest share of the global aquaponics market in 2018 and is expected to grow at the highest CAGR during the forecast period. The rising global population, changing lifestyle, and growing fish demand for human consumption are the key factors driving the growth of this market across the globe.
Based on application, the aquaponics market is mainly segmented into commercial application, home production, and other applications. The commercial application accounted for the largest share of this market in 2018 due to growing demand for organic food products in the local market and need to decline production cost with the increase in profitability of farming. However, owing to the increasing backyard production of vegetables and fruits due to rising health awareness and increasing food prices, the home production segment is projected to grow at the highest CAGR during the forecast period. Moreover, rising demand for fish and growing urban farming further supports to growth of aquaponics farming market for home production across the globe.
North America commanded the largest share of the global aquaponics market in 2018, followed by Europe and Asia-Pacific. The major share of this region is mainly attributed to the rapid growth in population, increasing demand for organic products, improvement in urban farming methods, increasing health awareness among consumers, and technological advancement and innovations in the field of agriculture. However, the Asia-Pacific region is projected to grow at a significant pace in the next few years.
The major players operating in the global aquaponics market are 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 AquaCalAutoPilot, Inc (U.S.) among others.
Improvement in urban farming methods to drive the adoption of aquaponics farming
We are in the phase of updating this report by analysing the impact of COVID-19 on this market.
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
8. Geographic Analysis
8.1. Introduction
8.2. North America
8.2.1. Introduction
8.2.2. U.S.
8.2.3. Canada
8.2.4. Mexico
8.3. Europe
8.3.1. Introduction
8.3.2. U.K.
8.3.3. Germany
8.3.4. France
8.3.5. Italy
8.3.6. Spain
8.3.7. Rest of Europe
8.4. Asia-Pacific
8.4.1. China
8.4.2. India
8.4.3. Australia
8.4.4. Japan
8.4.5. Rest of Asia Pacific
8.5. Rest of World
8.5.1. Introduction
8.5.2. Latin America
8.5.2.1. Brazil
8.5.2.2. Argentina
8.5.2.3. Rest of Latin America
8.5.3. Middle East and Africa
9. Company Profiles (Business Overview, Financial Overview, Product & Service Portfolio, Strategic Developments)
9.1. Pentair Aquatic Eco-System, Inc.
9.2. Nelson and Pade, Inc.
9.3 Aquaponics USA
9.4 Green Life Aquaponics
9.5 the Aquaponic Source
9.6 Endless Food Systems
9.7 Japan Aquaponics
9.8 Stuppy, Inc.
9.9 Symbiotic Aquaponic LLC
9.10 Practical Aquaponics
9.11 SynergyPonics
9.12 Aquaponics Place LLC
9.13 AquaCal AutoPilot Inc
10. Appendix
10.1. Questionnaire
10.2. Available Customization
List of Tables
Table 1 Global Aquaponics Market: Impact Analysis of Market Drivers (2017–2022)
Table 2 World Leaders in Lettuce Production, 2013
Table 3 Global Aquaponics Market: Impact Analysis of Market Restrains (2017–2022)
Table 4 Initial Instalment Cost for Aquaponic System
Table 5 Total Global Aquaponics Market: Impact Analysis of Market Opportunities (2017–2022)
Table 6 Global Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 7 Comparison Between Hid and Led Grow Lights
Table 8 Grow Lights Market Size, by Country/Region, 2017-2025 (USD Million)
Table 9 Pumps and Valves Market Size, by Country/Region, 2017-2025 (USD Million)
Table 10 Fish Purge Systems Market Size, by Country/Region, 2017-2025 (USD Million)
Table 11 Thriving Temperature and Surviving Temperature for Fish Species
Table 12 In-Line Water Heaters Market Size, by Country/Region, 2017-2025 (USD Million)
Table 13 Aeration System Market Size, by Country/Region, 2017-2025 (USD Million)
Table 14 Other Equipment Market Size, by Country/Region, 2017-2025 (USD Million)
Table 15 Global Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 16 Fish Species Used in An Aquaponics Systems
Table 17 Aquaponics Market Size for Fish, by Country/Region, 2017-2025 (USD Million)
Table 18 Aquaponics Market Size for Vegetables, by Country/Region, 2017-2025 (USD Million)
Table 19 Aquaponics Market Size for Herb, by Country/Region, 2017-2025 (USD Million)
Table 20 Aquaponics Market Size for Fruit, by Country/Region, 2017-2025 (USD Million)
Table 21 Global Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 22 Aquaponics Market Size for Commercial Application, by Country/Region, 2017-2025 (USD Million)
Table 23 Aquaponics Market Size for Home Production, by Country/Region, 2017-2025 (USD Million)
Table 24 Aquaponics Market Size for Other Applications, by Country/Region, 2017-2025 (USD Million)
Table 25 Global Aquaponics Market, by Region, 2017-2025 (USD Million)
Table 26 North America: Aquaponics Market, by Country, 2017-2025 (USD Million)
Table 27 North America: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 28 North America: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 29 North America: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 30 U.S.: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 31 U.S.: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 32 U.S.: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 33 Canada: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 34 Canada: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 35 Canada: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 36 Mexico: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 37 Mexico: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 38 Mexico: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 39 Europe: Aquaponics Market, by Country, 2017-2025 (USD Million)
Table 40 Europe: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million) 75
Table 41 Europe: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 42 Europe: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 43 U.K.: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 44 U.K.: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 45 U.K.: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 46 Germany: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 47 Germany: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 48 Germany: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 49 France: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 50 France: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 51 France: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 52 Italy: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 53 Italy: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 54 Italy: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 55 Spain: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 56 Spain: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 57 Spain: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 58 Rest of Europe: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 59 Rest of Europe: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 60 Rest of Europe: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 61 Asia-Pacific: Aquaponics Market, by Country, 2017-2025 (USD Million)
Table 62 Asia Pacific: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 63 Asia-Pacific: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 64 Asia-Pacific: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 65 China: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 66 China: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 67 China: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 68 India: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 69 India: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 70 India: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 71 Australia: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 72 Australia: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 73 Australia: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 74 Japan: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 75 Japan: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 76 Japan: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 77 Rest of Asia-Pacific: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 78 Rest of Asia-Pacific: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 79 Rest of Asia-Pacific: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 80 Rest of World: Aquaponics Market, by Country, 2017-2025 (USD Million)
Table 81 Rest of World: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 82 Rest of World: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 83 Rest of World: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 84 Latin America: Aquaponics Market, by Country, 2017-2025 (USD Million)
Table 85 Latin America: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 86 Latin America: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 87 Latin America: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 88 Brazil: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 89 Brazil: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 90 Brazil: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 91 Argentina: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 92 Argentina: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 93 Argentina: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 94 RoLATAM: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 95 RoLATAM: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 96 RoLATAM: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Table 97 Middle East and Africa: Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Table 98 Middle East and Africa: Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Table 99 Middle East and Africa: Aquaponics Market Size, by Application, 2017-2025 (USD Million)
List of Figures
Figure 1 Scope of the Global Aquaponics Market
Figure 2 Key Stakeholders in the Global Aquaponics Market
Figure 3 Research Process
Figure 4 Key Executives Interviewed
Figure 5 Primary Research Techniques
Figure 6 Market Size Estimation
Figure 7 Grow Lights Dominate the Market During the Forecast Period
Figure 8 Fish Dominates the Market During the Forecast Period
Figure 9 Future Outlook of Commercial and Home Production, 2018-2023
Figure 10 Global Aquaponics Market Share, by Geography, 2018
Figure 11 Market Dynamics
Figure 12 Per Capita Fish Consumption, 2013-2025
Figure 13 Development of Global Organic Food Market, 2001-2016 (USD Billion)
Figure 14 Global Aquaponics Market Size, by Equipment, 2017-2025 (USD Million)
Figure 15 Global Aquaponics Market Size, by Product Type, 2017-2025 (USD Million)
Figure 16 Global Fisheries and Aquaculture Production and Utilization, 2009-2014 (Million Tonnes)
Figure 17 Global Aquaponics Market Size, by Application, 2017-2025 (USD Million)
Figure 18 Key Adopters of Aquaponics Farming, 2018
Figure 19 U.S.: Aquaculture Fish Production, 2016-2030 (Thousand Tonnes)
Figure 20 Canada: Aquaculture Fish Production, 2016-2030 (Thousand Tonnes)
Figure 21 Canada: Aquaculture Industry by 2024
Figure 22 Europe: Market Share Analysis, by Country, 2018 Vs 2025 (%)
Figure 23 China: Share of the Urban Households, 2012-2022 (%)
Figure 24 China: Aquaculture Food Fish Production, 1995-2016 (Thousand Tonnes)
Figure 25 India: Fisheries and Aquaculture Industry, 2018
Figure 26 India: Aquaculture Food Fish Production, 1995-2016 (Thousand Tonnes)
Figure 27 Indonesia: Aquaculture Food Fish Production, 1995-2016 (Thousand Tonnes)
Figure 28 Vietnam: Aquaculture Food Fish Production, 1995-2016 (Thousand Tonnes)
Figure 29 New Zealand: Aquaculture Food Fish Production, 2016-2030 (Thousand Tonnes)
Figure 30 Brazil: Tilapia Production, 2010-2015 (Tonnes)
Figure 31 Argentina: Fisheries and Aquaculture Production, 2016-2030 (Thousand Tonnes)
Figure 32 Chile: Aquaculture Fish Food Production, 1995-2016 (Thousand Tonnes)
Figure 33 Peru: Aquaculture Fish Production, 2016-2030 (Thousand Tonnes)
Figure 34 Africa: Aquaculture Food Fish Production, 1995-2016 (Thousand Tonnes)
We are in the phase of updating this report by analysing the impact of COVID-19 on this market.
We are in the phase of updating this report by analysing the impact of COVID-19 on this market.
