QYResearch: The market for aquaponics is projected to exceed the 560 M USD by 2023
http://www.qyresearchglobal.com/goods-1347284.html According to QYResearch, Aquaponics market is relatively fragmented with the presence of few players at country level and lack of regional and global companies. The market for aquaponics is estimated more than the US 200 M USD in 2017 and is projected to exceed the 560 M USD by 2023.
http://www.qyresearchglobal.com/goods-1347284.html According to QYResearch, Aquaponics market is relatively fragmented with the presence of few players at country level and lack of regional and global companies. The market for aquaponics is estimated more than the US 200 M USD in 2017 and is projected to exceed the 560 M USD by 2023.
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<strong>QYResearch</strong>: <strong>The</strong> <strong>market</strong> <strong>for</strong><br />
<strong>aquaponics</strong> <strong>is</strong> <strong>projected</strong> <strong>to</strong> <strong>exceed</strong><br />
<strong>the</strong> <strong>560</strong> M <strong>USD</strong> <strong>by</strong> <strong>2023</strong><br />
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Aquaponics <strong>is</strong> <strong>the</strong> integration of aquaculture<br />
and hydroponics in a reciprocally beneficial<br />
water-based system. Th<strong>is</strong> arrangement<br />
encompasses <strong>the</strong> growth of a variety of<br />
f<strong>is</strong>hes such as goldf<strong>is</strong>h, carp, crappie, tilapia,<br />
brim, koi, and bass, as well as plants such as<br />
chives and lettuce. <strong>The</strong> waste from f<strong>is</strong>h<br />
litters that turn in<strong>to</strong> nitrates and ammonia<br />
are harmful <strong>to</strong> <strong>the</strong> f<strong>is</strong>h but are beneficial <strong>for</strong><br />
plant growth as <strong>the</strong>y help in supplementing<br />
essential required nutrients.<br />
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<strong>QYResearch</strong><br />
Aquaponics Market has been considered as a sustainable <strong>for</strong>m <strong>to</strong> develop agriculture <strong>for</strong> a<br />
very long time in h<strong>is</strong><strong>to</strong>ry, dating back <strong>to</strong> <strong>the</strong> Aztecs. While Aquaculture and Hydroponics<br />
are two different concepts, Aquaponics <strong>is</strong> a combined method of Food Sales in which both<br />
<strong>the</strong> <strong>for</strong>mer concepts are used <strong>to</strong> create a symbiotic ecosystem. Th<strong>is</strong> system was<br />
harnessed with an aim <strong>to</strong> grow plants and f<strong>is</strong>h with help of nitrification using bacteria <strong>to</strong><br />
provide <strong>the</strong> necessary nutrients. It works in a way where plants in hydroponic growth<br />
beds feed on <strong>the</strong> nutrient rich waste water from f<strong>is</strong>h. Filtering beds remove f<strong>is</strong>h affluent,<br />
algae, lef<strong>to</strong>ver f<strong>is</strong>h feed and help recycle fresh water in <strong>to</strong> <strong>the</strong> f<strong>is</strong>h tanks. Plants convert<br />
<strong>the</strong> carbon dioxide in<strong>to</strong> oxygen, hence acting as natural water aeration systems. Th<strong>is</strong><br />
<strong>for</strong>m <strong>is</strong> currently making a huge comeback with many farmers, households and<br />
communities trying <strong>to</strong> implement it in <strong>the</strong>ir backyards or in <strong>the</strong>ir farms.<br />
Modern <strong>aquaponics</strong> <strong>is</strong> technologically advanced and <strong>is</strong> an efficient and effective way of<br />
producing natural food. F<strong>is</strong>hes are reared in large tanks, and <strong>the</strong> plants are nurtured<br />
hydroponically. <strong>The</strong>y are implanted in beds with a little gravel or clay, and <strong>the</strong>ir roots<br />
hang down in<strong>to</strong> <strong>the</strong> water. <strong>The</strong> water <strong>is</strong> cycled through <strong>the</strong> system so that it collects <strong>the</strong><br />
residual waste from <strong>the</strong> f<strong>is</strong>h; <strong>the</strong>n it <strong>is</strong> pumped <strong>to</strong> <strong>the</strong> plant beds, where it <strong>is</strong> cleaned<br />
naturally <strong>by</strong> <strong>the</strong> plants and can <strong>the</strong>n be returned <strong>to</strong> <strong>the</strong> f<strong>is</strong>h tanks.<br />
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<strong>QYResearch</strong><br />
Investments in commercial large scale<br />
<strong>aquaponics</strong> projects are increasing widely due <strong>to</strong><br />
a booming organic food <strong>market</strong> and growing<br />
urban farming. Aquaponics <strong>market</strong> <strong>is</strong> relatively<br />
fragmented with <strong>the</strong> presence of few players at<br />
country level and lack of regional and global<br />
companies. <strong>The</strong> <strong>market</strong> <strong>for</strong> <strong>aquaponics</strong> <strong>is</strong><br />
estimated more than <strong>the</strong> US 200 M <strong>USD</strong> in<br />
2017 and <strong>is</strong> <strong>projected</strong> <strong>to</strong> <strong>exceed</strong> <strong>the</strong> <strong>560</strong> M<br />
<strong>USD</strong> <strong>by</strong> <strong>2023</strong>.<br />
In regional segments, North America and<br />
Europe possess significant potential whereas<br />
Asia-Pacific and o<strong>the</strong>r developing <strong>market</strong>s<br />
possess growth opportunities <strong>for</strong> Aquaponics<br />
over <strong>the</strong> <strong>for</strong>ecast period. <strong>The</strong> technological<br />
advancement, growing investment <strong>by</strong> key<br />
stakeholders, and increasing demand <strong>for</strong> organic<br />
products in Europe and North American Region<br />
are promoting <strong>the</strong> growth of Aquaponics Market.<br />
Global 2017-2022 Aquaponics Sales (Unit) and Growth Rate Forecast<br />
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<strong>QYResearch</strong><br />
Aquaponics <strong>market</strong> can be segmented <strong>by</strong><br />
type MFG, NFT, DWC, etc. and <strong>the</strong> revenue<br />
proportion of DWC in 2016 <strong>is</strong> about 51%.<br />
MFC <strong>is</strong> <strong>the</strong> simplest <strong>for</strong>m of <strong>aquaponics</strong>,<br />
NFT <strong>is</strong> not common in <strong>aquaponics</strong> industry<br />
and <strong>the</strong> price of DWC <strong>is</strong> <strong>the</strong> highest. <strong>The</strong><br />
growth of <strong>aquaponics</strong> <strong>market</strong> <strong>is</strong> mainly due<br />
<strong>to</strong> technological advancement. <strong>The</strong> key<br />
driver of <strong>aquaponics</strong> <strong>market</strong> <strong>is</strong> that it helps<br />
in enhancing <strong>the</strong> ultimate productivity with<br />
minimum inputs than traditional agriculture<br />
and aquaculture practices. Aquaponics <strong>is</strong> an<br />
advantageous technology as it helps in<br />
improving ultimate productivity in cost<br />
effective manner.<br />
Global 2017-2022 Aquaponics Market Size (M <strong>USD</strong>) and Growth Rate<br />
Forecast<br />
Full Report Link: http://www.qyresearchglobal.com/goods-1347284.html<br />
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