Aquaponics MarketSet to Exceed USD $1,019 million by 2026 | CAGR 11% “Aquaponics Market By Product (Fish, Herbs, Fruits, Vegetables) By Component (Bio Filter, Rearing tanks, Settling Basins, Hydroponics Subsystem) By Methods (Deep Water Culture, Nutrition Film Technique, Media-Filled Beds, Ebb & Flow, Drip Irrigation) By End-User (Commercial, Home Production, Community, Agriculture & Farming, Education & Research), By Regions: Segment Forecast, 2018 - 2026”
Aquaponics Market Estimate & Forecast to 2026 The global Aquaponics Market is anticipated to reach $1,019 million by 2026 according to a new research published by Polaris Market Research. The increase in the population worldwide and growth in global food demand majorly drives the aquaponics market growth. Aquaponics is increasingly being used to meet the high-demand for food crops. The ability to produce high quality crops throughout the year, lesser use of water for crop cultivation, and lower dependency on weather conditions boost the aquaponics market growth. Growing demand for organic and chemical free crops, and rising urban population accelerate the growth of the aquaponics market. New emerging markets, and reduced environmental pollution by aquaponics would provide growth opportunities in the aquaponics market in the coming years. North America generated the highest aquaponics market share in terms of revenue in 2018. The growing urbanization, and rising population has accelerated the aquaponics market growth in the region. A significant rise in the demand for organic and chemical free food products supports the growth of the aquaponics market in the region. The technological advancements in farming methods, and increasing awareness among consumers improves the aquaponics market growth rate. Asia-Pacific is expected to grow at the highest rate during the forecast period.
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Aquaponics Market Estimate & Forecast to 2026 Leading players in the aquaponics market partner and collaborate with other players in the market to enhance their offerings in the market and expand their customer base. For instance, Aerofarms has partnered with Dell Technologies to expand its technological requirements of machine learning and network systems. Fluence Bioengineering, offers lighting solutions for Aquaponics to its consumers. The company’s Fluence RAZR Series is developed for various Aquaponics applications such as full-cycle cultivation of leafy greens, young plant propagation of vegetable, ornamental and cannabis crops. The well-known companies profiled in the aquaponics market report include Ultrasonics Canada Corporation, UrbanFarmers AG, Backyard Aquaponics Pty Ltd., ECF Farmsystems GmbH, My Aquaponics, Aqua Allotments, Nelson & Pade Inc., Colorado Aquaponic, Greenlife Aquaponics, Aquaponic Lynx LLC, and The Aquaponic Source among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Browse Complete Report
Global Aquaponics Market Share By Region, 2018 & 2026 Request for TOC
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