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Published Thu, Sep 24th 2015

Aquaponics uses 90% less land and water than agriculture but has the potential to generate 3 to 4 times more food than the latter also

Aquaponics has been practised as a sustainable form of agriculture for a very long time in history, dating back to the Aztecs

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Aquaponics Market has been considered as a sustainable form to develop agriculture for a very long time in history, dating back to the Aztecs. While Aquaculture and Hydroponics are two different concepts, Aquaponics is a combined method of Food Production in which both the former concepts are used to create a symbiotic ecosystem.

This system was harnessed with an aim to grow plants and fish with help of nitrification using bacteria to provide the necessary nutrients. It works in a way where plants in hydroponic growth beds feed on the nutrient rich waste water from fish. Filtering beds remove fish affluent, algae, leftover fish feed and help recycle fresh water in to the fish tanks. Plants convert the carbon dioxide into oxygen, hence acting as natural water aeration systems. This form is currently making a huge comeback with many farmers, households and communities trying to implement it in their backyards or in their farms.

Inherently, Aquaponics Market works with a minimal labour, is sustainable, cost-effective and organic. These account for the main reasons for resurgence in Aquaponics farming. Tilapia, Silver Perch, Barramundi, Jade Perch and Murray cod are some of the fish which are generally grown along with most green leafy vegetables, beans, peas, radishes, onions, strawberries and herbs.

Market Brief:

Initially, Commercial Aquaponics was a hobbyist interest to a larger farm based business. Now, the time has taken its course and this system has begun to be followed as a necessity more than a choice. The advantages of Aquaponics Market are:

  • It needs 90% lesser land and water than agriculture but has the potential to generate 3 to 4 times more food than the latter;
  • The crop production can be accelerated according to the need;
  • It is an adaptable process which is easy to learn and not very time taking;
  • The crops may be produced depending upon local market interest and the interest of the grower;
  • This system allows agriculture to take large innovative steps towards environmental sustainability;
  • Aquaponics is perfect for highly efficient use of existing space or for special applications like intensive urban gardening.

REPORT SCOPE:

Market size and forecast is provided for each of these regions. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the aquaponics market and future opportunities are provided in the report.

Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments where applicable. Market shares of the key players for 2014 and 2015 are provided.

Market Segmentation:

  1. The Global Aquaponics Market is divided into 4 types based on these factors:
  2. By Components: Rearing Tanks, Settling Basin, Biofilter and Others.
  3. By Equipment: Grow Lights, In-Line Water Heaters, Pumps & Valves and Others.
  4. By End Users: Commercial, Community, Home Production and Research.
  5. By Geography: Americas, Europe, APAC and ROW.

Key Players:

  • The Aquaponics Association
  • Backyard Aquaponics Pty Ltd
  • Nelson and Pade Inc
  • Aquaponic Solutions
  • The Aquaponic Source, Inc

 

About Us:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

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