Wednesday, September 25, 2019

The Future of Aquaponics is Urban Farming


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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