23.04.2018 Views

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><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 />

w w w. q y re s e a rc h . c o m

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