Aquaponics Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Fishes, Herbs, Fruits and Vegetables Plants), By Equipment (Grow Lights, Pumps & Valves, Fish Purge Systems, Aeration Systems, and Others) By Application (Commercial, Community, Home production, Research Centers, Agriculture & Schools, and Others) and Region Forecast 2020-2031

Aquaponics Market size was valued at US$ 25.62 million in 2023. It is expected to reach US$ 55.61 million by 2030, at a CAGR of 11.5% from 2024-2030. due to technological advancement in aquaponics system. Due to increasing demand of sea food and herbs and growing advanced technology in aquaculture and hydroponics are drive the growth of this industry market during the forecast period. High adoption of sea food by the most of countries peoples and ease of availability will raise this market over future time. But, lack of skilled persons and high investment cost may affect the growth of global market.

According to the projection period's trends, the market is a quickly rising industry, with numerous partnerships and educational research on the way. Aquaponic crops are a hybrid of aquaculture and hydroponics that are grown by farmers and the agriculture sector. These are used to increase food output. The necessity of the hour is for a pervasive system to establish a symbiotic and well-balanced environment. The same can be accomplished by utilising fish faeces, which provides much-needed nutrients to plants in the early stages of development. Additionally, the water utilised for fish rearing and plant growth is circulated inside the system. Aquaponics also contributes to sustainability and meets the growing demand for organic veggies.