Asia Pacific Aquaponics System Market

Asia Pacific Aquaponics System Market Size, Growth, Trends and Forecast:

Asia Pacific Aquaponics System Market was worth USD 98.24 million in 2021 and estimated to be growing at a CAGR of 16.5%, to reach USD 210.81 million by 2026.

Aquaponics system is the combination of aquaculture and hydroponics together in an ideal environment. Aquaculture is the growing of aquatic animals like fish, prawns and other aquatic animals. Hydroponics is cultivating of plants in water without soil. The aquaculture waste provides organic food for the plants. In return, plants naturally clean the water that goes back to fish. The third participant is microbes which provides nutrition for the plants. The microbes convert ammonia from the fish waste into nitrites and then into nitrates which is the form of nitrogen that plants can uptake and use to grow. The result is a perfect collaboration between aquaculture and hydroponics.

Aquaponics is a perfect hope for sustainable aquaculture, organic crop production, and water consumption. Basically, aquaponics and hydroponics uses the same systems, there aren’t many differences in how the system works, except for the added fish in the water tanks. Ph control is very important part of aquaponics. Flood and drain, drip irrigation, deep culture or water submerged roots, and nutrient film techniques are highly compatible and customizable to merge with growing fish. Few primary methods of aquaponics that are growing widely are Deep water culture, Media-based aquaponics, Nutrient Film Technique and Vertical Aquaponics. Aquaponics are becoming famous as an efficient way to produce food and eco-friendly.

Asia Pacific Aquaponics System Market Drivers:

Rise in population, increasing demand for organic fruits and vegetables, rise in disposable income, improvement in urban farming methods and off-season availability of fruits & vegetables, growing of new diseases due to the unhygienic food, technological advancements and new innovations in the field of agriculture, low cost in terms of lesser preparation time, rise in urbanisation, lower transport & storage costs of food and higher margins of benefits are driving the Asia-Pacific aquaponics market growth from last few years. However, high cost equipment, limited number of skilled professionals and lack of awareness in rural areas are hampering the growth of the market.

Asia Pacific Aquaponics System Market Segmentation:

Asia Pacific Aquaponics System Market – By Equipment:

• pumps and valves

• water heaters
• grow lights
• fish purge systems
• water quality testing
• aeration systems
• others

Asia Pacific Aquaponics System Market – By Production Type:

• fish
• vegetables & fruits
• herbs
• others

Asia Pacific Aquaponics System Market – By Component:

• rearing tanks
• biofilter
• settling basin
• sump
• hydroponics subsystem
• others

Asia Pacific Aquaponics System Market – By Application:

• commercial
• education & research
• household
• community
• others

Geographical Analysis:

The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Emerging economies such as India and China are projected to grow at the highest CAGR in the review period owing to the increasing organic food demand and increasing disposable income.

Key Players:

The key players dominating in the Aquaponics market are Nelson & Pade Inc., Urban Farms AG, ECF Farm systems GmbH, Backyard Aquaponics Pty Ltd, My Aquaponics, Colorado Aquaponics and Green Life Aquaponics.