Aquaponics Market is a symbiotic integration of two environments, aquaculture (raising aquatic animals) and hydroponics (cultivating plants in water) in a conventional way. In this system fishes support the growth of the plants by excretes that are broken down into nutrients (nitrates) for plants growth, and plants clean the water thus providing clean environment to fishes to survive. There is good scope for the aquaponics food production in many regions in upcoming years.
Scope and Regional Forecast of the Aquaponics Market:
According to the IndustryARC research analysis studies on the Aquaponics Market, the demand for aquaponics food production is propelling the demand for large scale aquaponics and commercial aquaponics plants to set up by companies.
Aquaponics Market is a promising market and commercial aquaponics is mostly practiced in the USA of North American region followed by Asia Pacific region. This market is still developing and has a large scope in upcoming period.
The increase in the number of commercial practitioners in the Aquaponics Market coupled with rise in the scale of production has been resulting in increased profitability and more scope for consulting services as well as equipment. There is healthy growth of aquaponics for profit and fresh organic food production.
Segmentation and Key Players of the Aquaponics Market:
The Aquaponics Market is segmented into various categories in the IndustryARC marketing research report by component, by equipment, by end users and by geography.
1. By component: Rearing Tanks, Settling Basin, Bio-filter, Hydroponics Subsystem, Sump and aquaponics produce (types of plants, types of fishes and feeding supplies)
2. By equipment: Grow Lights, In-line Water Heaters, Pumps and Valves, Greenhouse Equipment, Monitoring and Alarms, Water Quality Testing, Fish Purge Systems, Aeration Systems and others
3. By end users: commercial, community, home production and research & education
4. By geography: North America, South America, Europe, Asia Pacific and ROW
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The key players in the Aquaponics Market according to the IndustryARC research report are as follows:
• Nelson & Pade Inc.
• ECF Farmsystems GmbH
• Japan Aquaponics
• Urban Farms AG
• Aquaponics World LLC
The Aquaponics Market is a moderately growing market and a better alternative for organic food growers. The hydroculture is encouraged and various types of fishes can also be cultivated in this symbiotic set up. This system is completely man made and need good maintenance and on the other hand since it is controlled environment thus it can be implemented in any season which is the driving factor of this market in upcoming years.
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