Aquaponics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global aquaponics market reached a valuation of US$ 55 million in 2023. By the end of 2031, the market is forecasted to reach a substantial size of US$ 100 million, according to a study by Fairfield Market Research.

Key Trends Driving the Demand for Aquaponics Market

Local Foods - Decentralizing Supply Chains and Reducing In-store Losses: Increasing consumer demand for locally or regionally produced vegetables is a major driver for the global aquaponics vegetables market. Consumers seek freshness, community involvement, and transparency, and local foods fulfill these desires. This trend has led to the growth of farmers' markets, community-sponsored agriculture initiatives, and other direct-to-consumer distribution channels. Retailers are also sourcing locally-grown vegetables to reduce transportation costs and offer fresh produce to consumers.

Food Security Challenges - Enabling Diversification of Agri-technologies: Rising global population and urbanization pose challenges to traditional food cultivation and distribution models. To address these challenges, many countries are investing in aquaponics cultivation, including vertical farms and cost-effective building materials. This focus on diversifying agricultural technologies is driving the growth of the global aquaponics vegetables market in developing economies.

Reduced Exposure to Pathogens & Ensuring Food Safety and Traceability: Soil-borne diseases can affect traditional agriculture and pose risks to consumers. Aquaponics systems, which eliminate the need for soil, reduce the risk of pathogen contamination. Additionally, aquaponics facilities offer complete traceability, enabling quick identification and isolation of contaminated crops in the event of food safety issues.

Year-round Supply - Disrupting Traditional Market Structure: Aquaponics enables year-round production of crops, independent of seasonal variations. This consistent supply stabilizes food prices and helps mitigate the impact of erratic climatic conditions on food availability.

Hindrances to Adoption of Aquaponics Market

High Capital Costs - Negatively Impacting Developing Markets: Establishing indoor or outdoor aquaponics systems can be expensive, particularly for new entrants. Greenhouses, control and automation systems, and expert consultations contribute to the high initial investment required for aquaponics cultivation. This cost barrier can deter potential adopters, especially in developing markets.

Competitive Landscape

Companies involved in aquaponics supplies are actively improving systems, providing tools, and offering education to facilitate aquaponics adoption. They are focused on optimizing resource utilization and cost efficiency.

Key Companies Profiled

Nelson and Pade Inc.
Pentair Aquatic Eco-Systems, Inc.
ECF Farmsystems GmbH
AquaCal AutoPilot, Inc.
Japan Aquaponics
Green Life Aquaponics
Backyard Aquaponics Pty Ltd.
Hapa Farms
Lucky Clays Fresh
Blueplanet Urban Agro Services Pvt. Ltd.
Global Aquaponic Systems Corporation
Ichthys Aquaponics
Aponic Ltd.
Red Ewald Inc.

Aquaponics Industry Research Segmentation

By Product Type:

Fish
- Tilapia
- Carps
- Catfish
- Bluegills
- Koi
- Trouts

Vegetables
- Tomato
- Peppers
- Cucumber
- Lettuce
- Herbs
- Kale
- Bok Choy

By Technique:

Deep Water Culture
Nutrient Film Technology
Media-filled Growbed

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa

1. Executive Summary

1.1. Global Aquaponics Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Aquaponics Market Outlook, 2018 - 2031

3.1. Global Aquaponics Market Outlook, by Product Type, Value (US$ Mn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Fish
    - 3.1.1.1.1. Tilapia
    - 3.1.1.1.2. Craps
    - 3.1.1.1.3. Catfish
    - 3.1.1.1.4. Bluegills
    - 3.1.1.1.5. Koi
    - 3.1.1.1.6. Trouts
  - 3.1.1.2. Vegetable
    - 3.1.1.2.1. Tomato
    - 3.1.1.2.2. Peppers
    - 3.1.1.2.3. Cucumber
    - 3.1.1.2.4. Lettuce
    - 3.1.1.2.5. Herbs
    - 3.1.1.2.6. Kale
    - 3.1.1.2.7. Bok Choy
3.2. Global Aquaponics Market Outlook, by Technique, Value (US$ Mn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Deep Water Culture
  - 3.2.1.2. Nutrient Film Technology
  - 3.2.1.3. Media-filled Growbed
3.3. Global Aquaponics Market Outlook, by Region, Value (US$ Mn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Aquaponics Market Outlook, 2018 - 2031

4.1. North America Aquaponics Market Outlook, by Product Type, Value (US$ Mn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Fish
    - 4.1.1.1.1. Tilapia
    - 4.1.1.1.2. Craps
    - 4.1.1.1.3. Catfish
    - 4.1.1.1.4. Bluegills
    - 4.1.1.1.5. Koi
    - 4.1.1.1.6. Trouts
  - 4.1.1.2. Vegetable
    - 4.1.1.2.1. Tomato
    - 4.1.1.2.2. Peppers
    - 4.1.1.2.3. Cucumber
    - 4.1.1.2.4. Lettuce
    - 4.1.1.2.5. Herbs
    - 4.1.1.2.6. Kale
    - 4.1.1.2.7. Bok Choy
4.2. North America Aquaponics Market Outlook, by Technique, Value (US$ Mn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Deep Water Culture
  - 4.2.1.2. Nutrient Film Technology
  - 4.2.1.3. Media-filled Growbed
- 4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Aquaponics Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 4.3.1.2. U.S. Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 4.3.1.3. Canada Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 4.3.1.4. Canada Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Aquaponics Market Outlook, 2018 - 2031

5.1. Europe Aquaponics Market Outlook, by Product Type, Value (US$ Mn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Fish
    - 5.1.1.1.1. Tilapia
    - 5.1.1.1.2. Craps
    - 5.1.1.1.3. Catfish
    - 5.1.1.1.4. Bluegills
    - 5.1.1.1.5. Koi
    - 5.1.1.1.6. Trouts
  - 5.1.1.2. Vegetable
    - 5.1.1.2.1. Tomato
    - 5.1.1.2.2. Peppers
    - 5.1.1.2.3. Cucumber
    - 5.1.1.2.4. Lettuce
    - 5.1.1.2.5. Herbs
    - 5.1.1.2.6. Kale
    - 5.1.1.2.7. Bok Choy
5.2. Europe Aquaponics Market Outlook, by Technique, Value (US$ Mn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Deep Water Culture
  - 5.2.1.2. Nutrient Film Technology
  - 5.2.1.3. Media-filled Growbed
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Aquaponics Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.2. Germany Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 5.3.1.3. U.K. Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.4. U.K. Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 5.3.1.5. France Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.6. France Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 5.3.1.7. Italy Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.8. Italy Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 5.3.1.9. Turkey Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.10. Turkey Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 5.3.1.11. Russia Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.12. Russia Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 5.3.1.13. Rest of Europe Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 5.3.1.14. Rest of Europe Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Aquaponics Market Outlook, 2018 - 2031

6.1. Asia Pacific Aquaponics Market Outlook, by Product Type, Value (US$ Mn), 2018 - 2031
6.2. Asia Pacific Aquaponics Market Outlook, by Technique, Value (US$ Mn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Deep Water Culture
  - 6.2.1.2. Nutrient Film Technology
  - 6.2.1.3. Media-filled Growbed
- 6.2.2. Others BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Aquaponics Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.2. China Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 6.3.1.3. Japan Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.4. Japan Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 6.3.1.5. South Korea Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.6. South Korea Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 6.3.1.7. India Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.8. India Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 6.3.1.9. Southeast Asia Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.10. Southeast Asia Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 6.3.1.11. Rest of Asia Pacific Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 6.3.1.12. Rest of Asia Pacific Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Aquaponics Market Outlook, 2018 - 2031

7.1. Latin America Aquaponics Market Outlook, by Product Type, Value (US$ Mn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Fish
    - 7.1.1.1.1. Tilapia
    - 7.1.1.1.2. Craps
    - 7.1.1.1.3. Catfish
    - 7.1.1.1.4. Bluegills
    - 7.1.1.1.5. Koi
    - 7.1.1.1.6. Trouts
  - 7.1.1.2. Vegetable
    - 7.1.1.2.1. Tomato
    - 7.1.1.2.2. Peppers
    - 7.1.1.2.3. Cucumber
    - 7.1.1.2.4. Lettuce
    - 7.1.1.2.5. Herbs
    - 7.1.1.2.6. Kale
    - 7.1.1.2.7. Bok Choy
7.2. Latin America Aquaponics Market Outlook, by Technique, Value (US$ Mn), 2018 - 2031
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Aquaponics Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 7.3.1.2. Brazil Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 7.3.1.3. Mexico Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 7.3.1.4. Mexico Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 7.3.1.5. Argentina Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 7.3.1.6. Argentina Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 7.3.1.7. Rest of Latin America Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 7.3.1.8. Rest of Latin America Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Aquaponics Market Outlook, 2018 - 2031

8.1. Middle East & Africa Aquaponics Market Outlook, by Product Type, Value (US$ Mn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Fish
    - 8.1.1.1.1. Tilapia
    - 8.1.1.1.2. Craps
    - 8.1.1.1.3. Catfish
    - 8.1.1.1.4. Bluegills
    - 8.1.1.1.5. Koi
    - 8.1.1.1.6. Trouts
  - 8.1.1.2. Vegetable
    - 8.1.1.2.1. Tomato
    - 8.1.1.2.2. Peppers
    - 8.1.1.2.3. Cucumber
    - 8.1.1.2.4. Lettuce
    - 8.1.1.2.5. Herbs
    - 8.1.1.2.6. Kale
    - 8.1.1.2.7. Bok Choy
8.2. Middle East & Africa Aquaponics Market Outlook, by Technique, Value (US$ Mn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Deep Water Culture
  - 8.2.1.2. Nutrient Film Technology
  - 8.2.1.3. Media-filled Growbed
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Aquaponics Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.2. GCC Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 8.3.1.3. South Africa Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.4. South Africa Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 8.3.1.5. Egypt Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.6. Egypt Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 8.3.1.7. Nigeria Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.8. Nigeria Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
  - 8.3.1.9. Rest of Middle East & Africa Aquaponics Market by Product Type, Value (US$ Mn), 2018 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Aquaponics Market by Technique, Value (US$ Mn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Manufacturer vs by Technique Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. Nelson and Pade Inc.
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. Pentair Aquatic Eco-Systems, Inc.
  - 9.4.2.1. Company Overview
  - 9.4.2.2. Product Portfolio
  - 9.4.2.3. Financial Overview
  - 9.4.2.4. Business Strategies and Development
- 9.4.3. ECF Farmsystems GmbH
  - 9.4.3.1. Company Overview
  - 9.4.3.2. Product Portfolio
  - 9.4.3.3. Financial Overview
  - 9.4.3.4. Business Strategies and Development
- 9.4.4. AquaCal AutoPilot, Inc.
  - 9.4.4.1. Company Overview
  - 9.4.4.2. Product Portfolio
  - 9.4.4.3. Financial Overview
  - 9.4.4.4. Business Strategies and Development
- 9.4.5. Japan Aquaponics
  - 9.4.5.1. Company Overview
  - 9.4.5.2. Product Portfolio
  - 9.4.5.3. Financial Overview
  - 9.4.5.4. Business Strategies and Development
- 9.4.6. Green Life Aquaponics
  - 9.4.6.1. Company Overview
  - 9.4.6.2. Product Portfolio
  - 9.4.6.3. Financial Overview
  - 9.4.6.4. Business Strategies and Development
- 9.4.7. Backyard Aquaponics Pty Ltd.
  - 9.4.7.1. Company Overview
  - 9.4.7.2. Product Portfolio
  - 9.4.7.3. Financial Overview
  - 9.4.7.4. Business Strategies and Development
- 9.4.8. Hapa Farms
  - 9.4.8.1. Company Overview
  - 9.4.8.2. Product Portfolio
  - 9.4.8.3. Financial Overview
  - 9.4.8.4. Business Strategies and Development
- 9.4.9. Lucky Clays Fresh
  - 9.4.9.1. Company Overview
  - 9.4.9.2. Product Portfolio
  - 9.4.9.3. Financial Overview
  - 9.4.9.4. Business Strategies and Development
- 9.4.10. Blueplanet Urban Agro Services Pvt. Ltd.
  - 9.4.10.1. Company Overview
  - 9.4.10.2. Product Portfolio
  - 9.4.10.3. Financial Overview
  - 9.4.10.4. Business Strategies and Development
- 9.4.11. Global Aquaponic Systems Corporation
  - 9.4.11.1. Company Overview
  - 9.4.11.2. Product Portfolio
  - 9.4.11.3. Financial Overview
  - 9.4.11.4. Business Strategies and Development
- 9.4.12. Ichthys Aquaponics
  - 9.4.12.1. Company Overview
  - 9.4.12.2. Product Portfolio
  - 9.4.12.3. Financial Overview
  - 9.4.12.4. Business Strategies and Development
- 9.4.13. Aponic Ltd.
  - 9.4.13.1. Company Overview
  - 9.4.13.2. Product Portfolio
  - 9.4.13.3. Financial Overview
  - 9.4.13.4. Business Strategies and Development
- 9.4.14. Red Ewald Inc.
  - 9.4.14.1. Company Overview
  - 9.4.14.2. Product Portfolio
  - 9.4.14.3. Financial Overview
  - 9.4.14.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations