
Asia Pacific Aquaponics Market Share, Size, Trends, Industry Analysis Report, By Product (Fish, Herbs, Fruits, Vegetables, Others); By Component; By Methods; By End-User; By Country; Segment Forecast, 2024 - 2032
Description
Asia Pacific Aquaponics Market Share, Size, Trends, Industry Analysis Report, By Product (Fish, Herbs, Fruits, Vegetables, Others); By Component; By Methods; By End-User; By Country; Segment Forecast, 2024 - 2032
The Asia Pacific Aquaponics market size is expected to reach USD 301.88 Million by 2032, according to a new study by Polaris Market Research. The report “Asia Pacific Aquaponics Market Share, Size, Trends, Industry Analysis Report, By Product (Fish, Herbs, Fruits, Vegetables); By Component; By Methods; By End-User; By Country; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The Asia Pacific market for aquaponics is poised for significant growth as a result of the increasing focus on sustainable and eco-friendly methods of food production. This region is expected to experience high growth due to various reasons, such as the growing population, urbanization, and increasing awareness about the environmental impact of traditional agriculture. Additionally, the demand for locally produced food is also on the rise and the governments are supporting sustainable agricultural practices. The COVID-19 pandemic has further accelerated the interest in indoor and vertical farming methods, such as aquaponics, which can provide a reliable source of fresh food even during lockdowns or supply chain disruptions.
However, there are some obstacles that the industry must overcome, such as the high initial investment costs, shortage of skilled labor, and the need for standardized regulations across different countries in the region. Moreover, the import restrictions on foreign seeds and fertilizers are a significant challenge for the industry players.
The Asia Pacific region is experiencing a significant decline in per capita land holdings, which has led to a critical need for innovative and sustainable agricultural practices. Aquaponics, a method of growing plants and fish together in a symbiotic environment, offers a unique solution to this challenge. By utilizing water instead of soil to cultivate crops, aquaponics can significantly reduce the amount of land required for farming, making it an appealing option for small-scale farmers and urban communities. The manufacturer is actively involved in the Asia Pacific aquaponics market, recognizing the growing need for food production in the region. They have started building partnerships with local farmers and organizations to promote the use of their innovative aquaponics systems, which are designed to be efficient, scalable, and adaptable to different climates and environments.
Asia Pacific Aquaponics Market Report Highlights
In the Asia Pacific aquaponics market, the fish segment within the product category held the dominant revenue share in 2023. This was primarily due to the rising demand for innovative approaches to fish farming, as well as the increasing consumption of fish and its byproducts.
In 2023, the market was dominated by the media-filled bed segment. This segment offers the advantage of maximum exposure of roots to oxygen and nutrients, which results in faster growth rates and higher crop yields. This method is favored due to its effectiveness in facilitating the growth of plants within an aquaponic system.
In 2023, China emerged as a dominant country in the Asia-Pacific aquaponics market. This can be attributed to the country's commitment to promoting and investing in agricultural innovations, particularly in the field of aquaponics. The country's strategic approach towards agricultural innovation has yielded positive results, positioning China as a leading contender in the Asia Pacific aquaponics market.
The key market players include Aquaponic Lynx LLC, Backyard Aquaponics Pty Ltd, Chengdu Chengfei Green Environmental Technology Co., Ltd., Foshan GrowSpec BioTech Co.,Ltd., G And N Fortune Limited, Hydrofarm Holdings Group, Inc., LivinGreen, Nelson & Pade Aquaponics, Reevoo Industrial Fabric CO. Ltd., The Aquaponic Source, etc.
Polaris Market Research has segmented the Asia Pacific Aquaponics market report based on product, component, method, end-user, and country:
Asia Pacific Aquaponics, Product Outlook (Revenue - USD Million, 2019 - 2032)
Fish
Herbs
Fruits
Vegetables
Others
Asia Pacific Aquaponics, Component Outlook (Revenue - USD Million, 2019 - 2032)
Bio Filter
Rearing tanks
Settling Basins
Hydroponics Subsystem
Asia Pacific Aquaponics, Method Outlook (Revenue - USD Million, 2019 - 2032)
Deep Water Culture
Nutrition Film Technique
Media-Filled Beds
Ebb and Flow
Drip Irrigation
Others
Asia Pacific Aquaponics, End-User Outlook (Revenue - USD Million, 2019 - 2032)
Commercial
Home Production
Community
Agriculture and Farming
Education and Research
Others
Asia Pacific Aquaponics, Country Outlook (Revenue - USD Million, 2019 - 2032)
China
India
Malaysia
Japan
Indonesia
South Korea
Australia
Rest of Asia Pacific
Table of Contents
115 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. Asia Pacific Aquaponics Market Insights
- 4.1. Asia Pacific Aquaponics Market – Industry Snapshot
- 4.2. Asia Pacific Aquaponics Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Continuous declining per capita land holding is creating the need for unique solutions like aquaponics
- 4.2.1.2. The growing emphasis on sustainable and environment-friendly food production methods drive market growth
- 4.2.2. Restraints and Challenges
- 4.2.2.1. The import restrictions on foreign seeds and fertilizers pose a challenge to the industry players
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Asia Pacific Aquaponics Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
- 5. Asia Pacific Aquaponics Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Asia Pacific Aquaponics, by Product, 2018-2030 (USD Million)
- 5.3. Fish
- 5.3.1. Asia Pacific Aquaponics Market, by Fish, 2018-2030 (USD Million)
- 5.4. Herbs
- 5.4.1. Asia Pacific Aquaponics Market, by Herbs, 2018-2030 (USD Million)
- 5.5. Fruits
- 5.5.1. Asia Pacific Aquaponics Market, by Fruits, 2018-2030 (USD Million)
- 5.6. Vegetables
- 5.6.1. Asia Pacific Aquaponics Market, by Vegetables, 2018-2030 (USD Million)
- 5.7. Others
- 5.7.1. Asia Pacific Aquaponics Market, by Others, 2018-2030 (USD Million)
- 6. Asia Pacific Aquaponics Market, by Component
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Asia Pacific Aquaponics Market, by Component, 2018-2030 (USD Million)
- 6.3. Bio Filter
- 6.3.1. Asia Pacific Aquaponics Market, by Bio Filter, 2018-2030 (USD Million)
- 6.4. Rearing tanks
- 6.4.1. Asia Pacific Aquaponics Market, by Rearing tanks, 2018-2030 (USD Million)
- 6.5. Settling Basins
- 6.5.1. Asia Pacific Aquaponics Market, by Settling Basins, 2018-2030 (USD Million)
- 6.6. Hydroponics Subsystem
- 6.6.1. Asia Pacific Aquaponics Market, by Hydroponics Subsystem, 2018-2030 (USD Million)
- 6.7. Others
- 6.7.1. Asia Pacific Aquaponics Market, by Others, 2018-2030 (USD Million)
- 7. Asia Pacific Aquaponics Market, by Method
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Asia Pacific Aquaponics Market, by Method, 2018-2030 (USD Million)
- 7.3. Deep Water Culture
- 7.3.1. Asia Pacific Aquaponics Market, by Deep Water Culture, 2018-2030 (USD Million)
- 7.4. Media-Filled Beds
- 7.4.1. Asia Pacific Aquaponics Market, by Media-Filled Beds, 2018-2030 (USD Million)
- 7.5. EBB and Flow
- 7.5.1. Asia Pacific Aquaponics Market, by EBB and Flow, 2018-2030 (USD Million)
- 7.6. Drip Irrigation
- 7.6.1. Asia Pacific Aquaponics Market, by Drip Irrigation, 2018-2030 (USD Million)
- 7.7. Others
- 7.7.1. Asia Pacific Aquaponics Market, by Others, 2018-2030 (USD Million)
- 8. Europe 1,4 Butanediol (BDO) Market, by End-User
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Europe 1,4 Butanediol (BDO), by End-User, 2018-2030 (USD Million)
- 8.3. Commercial
- 8.3.1. Europe 1,4 Butanediol (BDO) Market, by Commercial, 2018-2030 (USD Million)
- 8.4. Home Production
- 8.4.1. Europe 1,4 Butanediol (BDO) Market, by Home Production, 2018-2030 (USD Million)
- 8.5. Community
- 8.5.1. Europe 1,4 Butanediol (BDO) Market, by Communityc, 2018-2030 (USD Million)
- 8.6. Agriculture and Farming
- 8.6.1. Europe 1,4 Butanediol (BDO) Market, by Agriculture and Farming, 2018-2030 (USD Million)
- 8.7. Education and Research
- 8.7.1. Europe 1,4 Butanediol (BDO) Market, by Education and Research, 2018-2030 (USD Million)
- 8.8. Others
- 8.8.1. Europe 1,4 Butanediol (BDO) Market, by Others, 2018-2030 (USD Million)
- 9. Asia Pacific Aquaponics Market, by Countries
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Asia Pacific Aquaponics Market Assessment, By Countries, 2018-2030 (USD Million)
- 9.2.2. Asia Pacific Aquaponics Market – China
- 9.2.2.1. China: Asia Pacific Aquaponics Market, by Component, 2018-2030 (USD Million)
- 9.2.2.2. China: Asia Pacific Aquaponics Market, by Product, 2018-2030 (USD Million)
- 9.2.2.3. China: Asia Pacific Aquaponics Market, by Method, 2018-2030 (USD Million)
- 9.2.3. Asia Pacific Aquaponics Market – India
- 9.2.3.1. India.: Asia Pacific Aquaponics Market, by Component, 2018-2030 (USD Million)
- 9.2.3.2. India.: Asia Pacific Aquaponics Market, by Product, 2018-2030 (USD Million)
- 9.2.3.3. India.: Asia Pacific Aquaponics Market, by Method, 2018-2030 (USD Million)
- 9.2.4. Asia Pacific Aquaponics Market – Malaysia
- 9.2.4.1. Malaysia: Asia Pacific Aquaponics Market, by Component, 2018-2030 (USD Million)
- 9.2.4.2. Malaysia: Asia Pacific Aquaponics Market, by Product, 2018-2030 (USD Million)
- 9.2.4.3. Malaysia: Asia Pacific Aquaponics Market, by Method, 2018-2030 (USD Million)
- 9.2.5. Asia Pacific Aquaponics Market – Japan
- 9.2.5.1. Japan: Asia Pacific Aquaponics Market, by Component, 2018-2030 (USD Million)
- 9.2.5.2. Japan: Asia Pacific Aquaponics Market, by Product, 2018-2030 (USD Million)
- 9.2.5.3. Japan: Asia Pacific Aquaponics Market, by Method, 2018-2030 (USD Million)
- 9.2.6. Asia Pacific Aquaponics Market – Indonesia
- 9.2.6.1. Indonesia: Asia Pacific Aquaponics Market, by Component, 2018-2030 (USD Million)
- 9.2.6.2. Indonesia: Asia Pacific Aquaponics Market, by Product, 2018-2030 (USD Million)
- 9.2.6.3. Indonesia: Asia Pacific Aquaponics Market, by Method, 2018-2030 (USD Million)
- 9.2.7. Asia Pacific Aquaponics Market – South Korea
- 9.2.7.1. South Korea: Asia Pacific Aquaponics Market, by Component, 2018-2030 (USD Million)
- 9.2.7.2. South Korea: Asia Pacific Aquaponics Market, by Product, 2018-2030 (USD Million)
- 9.2.7.3. South Korea: Asia Pacific Aquaponics Market, by Method, 2018-2030 (USD Million)
- 9.2.8. Asia Pacific Aquaponics Market – Australia
- 9.2.8.1. Australia: Asia Pacific Aquaponics Market, by Component, 2018-2030 (USD Million)
- 9.2.8.2. Australia: Asia Pacific Aquaponics Market, by Product, 2018-2030 (USD Million)
- 9.2.8.3. Australia: Asia Pacific Aquaponics Market, by Method, 2018-2030 (USD Million)
- 9.2.9. Asia Pacific Aquaponics Market – Rest of Asia Pacific
- 9.2.9.1. Rest of Asia Pacific: Asia Pacific Aquaponics Market, by Component, 2018-2030 (USD Million)
- 9.2.9.2. Rest of Asia Pacific: Asia Pacific Aquaponics Market, by Product, 2018-2030 (USD Million)
- 9.2.9.3. Rest of Asia Pacific: Asia Pacific Aquaponics Market, by Method, 2018-2030 (USD Million)
- 10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
- 11. Company Profiles
- 11.1. Aquaponic Lynx LLC
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Backyard Aquaponics Pty Ltd
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. Chengdu Chengfei Green Environmental Technology Co., Ltd
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Foshan GrowSpec BioTech Co.,Ltd
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. G and N Fortune Limited
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. Hydrofarm Holdings Group, Inc
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. LivinGreen
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Nelson & Pade Aquaponics
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. Reevoo Industrial Fabric CO. Ltd.
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. The Aquaponic Source
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
Pricing
Currency Rates
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