How to Start Growing
Food Security for the Future
Aquaponics – the co-raising of fish and plants in water in a
symbiotic, eco-friendly system – is over 1000 years old, and dates back to both
the Aztecs and ancient China. In both ancient and modern times, this
ecologically friendly system has been providing protein and vegetables – along
with affordable food security – for diverse populations worldwide. But what is
the future of aquaponics? Overall, the global aquaponics outlook is for
continued growth. The popular recirculating farming system has been providing
new opportunities for economical, healthy food sources to both those in need,
and those seeking to provide higher quality food options. Where aquaponics will
really make its mark in the future is in large-scale, sustainable urban
agriculture providing food security to burgeoning city populations worldwide.
However, until aquaponics’ necessary supporting infrastructure, education, and
social acceptance catches up to the economics of scale, its short-term future
is in compact systems for individuals, families, businesses, and small
communities.
The Global Aquaponics
Outlook
Worldwide, growth in aquaponics is taking off. According to
a study by Market Research Firm, the Global Aquaponics market is accounted for
$534.34 million in 2017 and is expected to reach $2016.36 million by 2026
growing at a CAGR of 15.9%. The report states that the increasing population
leading to increasing food demand, demand for sustainable & natural system
of crop cultivation without chemical or pesticide use and strong growth in
aquaculture industry is driving the growth in aquaponics market. Many farmers
are adopting aquaponics farming technique over organic farming as it provides
high return on investment which is supporting the growth of aquaponics market.
Indeed, in countries like India, China, and the USA, the demand for healthy
food raised in a sustainable, environmentally-friendly way has given this new
version of an ancient farming technique a boost. Innovations in technology are
helping spread aquaponics in Europe and the USA. Charitable organizations such
as Koya Project are bringing aquaponics education and systems to the underserved,
providing needed food security in developing countries like Cambodia. But the
real future of aquaponics lies not as a replacement for the agrarian heartlands
of old. It is in a most unusual place for a farm – the city.
The report provides a detailed overview of the industry
including both qualitative and quantitative information. It provides an overview
and forecast of the global aquaponics market based on product type,
components, equipment, and end-user. It also provides market size and forecast
till 2025 for overall aquaponics market with respect to five major regions,
namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa
(MEA) and South America (SAM). The market by each region is later sub-segmented
by respective countries and segments. The report covers the analysis and forecast of
16 counties globally along with current trend and opportunities prevailing in
the region.
Besides this, the report analyzes factors affecting market
from both demand and supply side and further evaluates market dynamics
effecting the market during the forecast period i.e., drivers, restraints,
opportunities, and future trend. The report also provides exhaustive PEST
analysis for all five regions namely; North America, Europe, APAC, MEA and
South America after evaluating political, economic, social and technological
factors effecting the market in these regions.
Some of the key
players influencing the market are
- 1.
Aonefarm
- 2.
Lucky
Clays Fresh
- 3.
Aponic Ltd
- 4.
Backyard
Aquaponics
- 5.
Nelson and
Pade
- 6.
Green Life
Aquaponics
- 7.
PentairAES
- 8.
Gothic
Arch Greenhouses
- 9.
Stuppy
- 10. ECF Farm Systems
- 11. Urban Farmers
- 12. Aquaponic Lynx
- 13. Aquaponics Place LLC
- 14. AquaCal AutoPilot Inc.
- 15. Japan Aquaponics
- 16. Evo Farm
- 17. Water Farmers
- 18. NutraPonics Canada Corporation
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