Aquaponics Market Gaining Traction from Thriving Agriculture Industry

In today’s world, water has become the scarcest resource because of incrementing cases of infrequent rainfall and water pollution. Aquaponics ensures the avoidance of depletion of the natural resources to maintain an ecological balance. It is an ideal way to grow our fish and vegetables simultaneously. Its basic principle is continuous recycle and reuse of water and put waste to use. This is a big hope for substantial organic crop production, aquaculture, and water consumption. Taking all factors in consideration, a recent research report from IndustryARC estimates the global aquaponics market accounts for a revenue of $534.34 million in 2017 and is expected to reach $1,042.4 million by 2022 at a CAGR of 14.3%. The report is titled “Aquaponics Market: By Aquaponics Method; By Components; By Cultivation; By Equipment; By Application; By Geography – Forecast (2018-2023).”

Water pump can be thought of as the heart of the aquaponics system.  It makes sure that water in a system circulates perfectly to maximize the effectiveness of the system. This plays a very crucial role in the aquaponics process as it ensures that both fish and plants receive their necessary nutrients for growth. The two types of bacteria: nitrosamines and nitrobacteria, provide nitrates in the system to achieve the products.

Aquaponics is the combination of aquaculture and hydroponics, which are used in a symbiotic combination, leading to lower consumption of water and cost-effective systems. This is the only way in which plants are grown without soil. All the essentials such as water saving, growing both fish and plant in one system, and the creation of natural nitrogen balance are growing the aquaponics market in the near future.

Hydroponics Market: By Type (Wick system, Water culture, EBB & FLOW, others); By Equipment (Growing Chamber, Submersible Pump, Growing LED and Others); By Crop (Vegetables, Fruits, Flowers and Foliage, Herbs and Others); By Geography - Forecast(2018 - 2023)

Drip Irrigation Systems Market: By Type (Porous Soaker Hose Systems, Emitter Drip System, Watermatic Drip System and Micro Misting Sprinklers); By Crop Type (Cereals & Grains, Fruits, Nuts & Vegetables, Turf & Ornamentals, Landscape, Others); By Components (Emitters, Pressure Gauge, Drip Tubes, Valves, Filters and Others); By Application (Farming, Greenhouse, Landscape and Gardens); By End-User (Commercial & Corporate, Government); By Geography - Forecast(2018 - 2023)