Aquaponics system market Size - (2019-2024)


Posted March 25, 2019 by OliveDavid

Aquaponics system market – The rising population and the increasing demand for vegetables are some of the vital drivers that are pulling up this market within the upcoming forecast period

 
MARKET OVERVIEW:
The Middle East and Africa Aquaponics System Market was worth USD 49.11 million in 2018 and estimated to be growing at a CAGR of 15.7%, to reach USD 101.75 million by 2023.

To know more, read @ https://www.marketdataforecast.com/market-reports/middle-east-and-africa-aquaponics-system-market-4268/

DRIVERS AND RESTRAINTS:
Rise in population, increasing demand for organic fruits and vegetables, the rise in disposable income, improvement in urban farming methods and off-season availability of fruits & vegetables are some of the factors that drive the market further. However, high-cost equipment, lack of suitably skilled professionals and no awareness in rural areas are hampering the growth of the said market.

MARKET SEGMENTATION:

REPORT SEGMENTED AS:
By Equipment:
• Pumps and valves
• Water heaters
• Grow lights
• Fish purge systems
• Water quality testing
• Aeration systems
• Others
By Production type:
• Fish
• Vegetables & fruits
• Herbs
• Others
By Component:
• Rearing tanks
• Biofilter
• Settling basin
• Sump
• Hydroponics subsystem
By Application:
• Commercial
• Education & research
• Household
• Community
• Others

GEOGRAPHICAL SEGMENTATION:
The market that has been geographically segmented into the Middle East and Africa is growing at a slow rate because of the presence of many problems the region faces like battles and an unstable economy. However, investments put forth by countries like the USA, China, and the UK are expected to increase not only the financial revenue but also aid the agriculture sectors of this region.

KEY MARKET PLAYERS:
• Nelson & Pade Inc.
• Urban Farms AG
• ECF Farm systems GmbH
• Backyard Aquaponics Pty Ltd
• My Aquaponics
• Colorado Aquaponics
• Green Life Aquaponics

View a sample and decide @ https://www.marketdataforecast.com/market-reports/middle-east-and-africa-aquaponics-system-market-4268/request-sample

THE SCOPE OF THE REPORT:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

ABOUT US:
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

FOR MORE INFORMATION:
Abhishek Shukla
Sales Manager at Market Data Forecast
Email: [email protected]
Tel: +1-888-702-9626
Website: https://www.marketdataforecast.com/
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Market Data Forecast
Phone 18887029626
Business Address UNITED STATES
Country Philippines
Categories Agriculture
Last Updated March 25, 2019