Dublin, July 08, 2024 (GLOBE NEWSWIRE) -- The "Aquaponics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Aquaponics was valued at an estimated US$1.1 Billion in 2023 and is projected to reach US$2.5 Billion by 2030, growing at a CAGR of 13.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The aquaponics market is witnessing the integration of advanced technologies and the expansion of commercial aquaponics farms. Smart systems utilizing sensors, automation, and data analytics are revolutionizing aquaponics by enabling precise monitoring and real-time adjustments of water quality and nutrient levels, thus enhancing productivity and sustainability. The growing interest in aquaponics as both a hobby and a business venture is also significant; individuals and entrepreneurs are increasingly adopting aquaponics for its economic benefits and sustainable practices.
Furthermore, the commercial sector is witnessing substantial investments in large-scale aquaponics farms, which are becoming key suppliers of fresh, locally sourced produce to restaurants, grocery stores, and farmers` markets. This trend reduces the carbon footprint associated with long-distance food transportation and supports the local economy. The aquaponics market is poised for continued growth, driven by technological advancements, environmental benefits, and a rising demand for sustainable food production methods.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Media Filled Grow Beds Mechanism segment, which is expected to reach US$1.0 Billion by 2030 with a CAGR of a 13.5%. The Deep Water Culture (DWC) Mechanism segment is also set to grow at 12.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $276.3 Million in 2023, and China, forecasted to grow at an impressive 12.1% CAGR to reach $379.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Aquaponics Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Aquaponic Lynx LLC, Aquaponics USA, Aquaponik Manufaktur GmbH, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- Global Economic Update
- Aquaponics - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Growing Demand for Sustainable Agriculture Throws the Spotlight on Aquaponics
- Rising Awareness of Organic Food Consumption Propels Market Growth
- Increasing Urbanization Expands Addressable Market Opportunity for Urban Farming Solutions
- Water Scarcity Issues Drive Adoption of Water-Efficient Farming Methods
- Economic Benefits of Dual Crop Production Sustain Growth in Aquaponics
- Innovations in Aquaponic Designs Spur Growth and Diversification
- How Rising Food Security Concerns Propel Market Adoption
- Environmental Sustainability Trends Generate Demand for Eco-Friendly Farming Practices
- Growth in Indoor and Vertical Farming Expands Market Opportunities
- Advances in Biological Filtration Technologies Strengthen Market Viability
- Increasing Fish Consumption Rates Drive Demand for Integrated Aquaponics Systems
- Adoption of Renewable Energy Solutions in Aquaponics Farms Propel Market Expansion
- Here`s How Commercial Scale Operations Create New Market Dynamics and Opportunities
- Integration of AI and IoT in Aquaponics Systems Drives Innovation and Efficiency
- Rising Popularity of DIY Aquaponics Kits Expands Market Reach
- The Role of Community-Supported Agriculture (CSA) in Market Expansion
- Increasing Interest in Off-Season Crop Production Drives Adoption of Aquaponics Systems
- Growing Focus on Local and Fresh Food Production Generates New Market Opportunities
- Addressing Nutrient Management Challenges Enhances System Efficiency and Market Appeal
FOCUS ON SELECT PLAYERS (Total 51 Featured)
- Aquaponic Lynx LLC
- Aquaponics USA
- Aquaponik Manufaktur GmbH
- Building Integrated GreenHouses (BIGH)
- ECF Farmsystems GmbH
- Garden City Hydroponics & Organics LLC
- Greenlife Aquaponics
- Hydrofarm LLC.
- Ichthys Aquaponic
- Nelson and Pade Inc.
- Nutraponics
- Pentair Aquatic Eco-Systems, Inc.
- Practical Aquaponics
- Red Ewald
- The Aquaponic Source
For more information about this report visit https://www.researchandmarkets.com/r/2vdtug
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