Asia Pacific aquaponics market will grow by 13.2% annually with a total addressable market cap of $4,021.4 million over 2023-2032, driven by the increasing demand for organic food, improvement in urban farming methods, growing reduction in arable land areas, the changing climate conditions and the benefits of aquaponics along with reduced technical complexity.
Highlighted with 38 tables and 71 figures, this 140-page report “Asia Pacific Aquaponics Market 2022-2032 by Growing System (MFG, NFT, DWC), Facility Type (Greenhouses, Indoor Vertical Farms, Others), Equipment, Component, Product Type (Fish, Plants), Application (Commercial, Home Production, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific aquaponics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific aquaponics market in every aspect of the classification from perspectives of Growing System, Facility Type, Equipment, Component, Product Type, Application, and Country.
Based on Growing System, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Media Filled Growbeds (MFG)
o Constant Flow
o Ebb and Flow (Flood and Drain)
• Nutrient Film Technique (NFT)
• Deep-Water Culture (DWC)
• Other Growing Systems
Based on Facility Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Poly or Glass Greenhouses
• Indoor Vertical Farms
• Other Facility Types
By Equipment, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Grow Lights
• Pumps and Valves
• Water Heaters
• Fish Purge Systems
• Aeration Systems
• Water Quality Testing
• Other Equipment
By Component, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Bio Filters
• Settling Basins
• Fishtanks
• Soil-free Plant Beds
• Rearing Tanks
• Hydroponics Subsystems
• Other Components
By Product Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Fish
o Tilapia
o Catfish
o Carp
o Trout
o Ornamental Fish
o Other Fish Types
• Plants
o Vegetables
o Herbs
o Fruits
• Other Products
By Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Commercial
• Home Production
• Other Applications
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Growing System, Component and Product Type over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Aqua Gardening
Aquaponic Lynx LLC
Aquaponics USA
Argus Control Systems Ltd.
Backyard Aquaponics Pty. Ltd.
BIGH
Cheidys Aquaponics Perth
Deep Water Farms
ECF Farmsystems GmbH
Endless Food Systems
GreenLife Aquaponics
Hydrofarm
Hydrogarden
Nelson & Pade Aquaponics
Ouroboros Farms
Pentair Aquatic Eco-System Inc. (PAES)
Practical Aquaponics
Springworks Farm
Superior Fresh
Sustainnovation Inc. (WaterFarmers Aquaponics)
Symbiotic Aquaponic LLC
The Aquaponic Source
Traders Hill Farm
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 23
2.2 Major Growth Drivers 25
2.3 Market Restraints and Challenges 31
2.4 Emerging Opportunities and Market Trends 34
2.5 Porter’s Fiver Forces Analysis 38
3 Segmentation of Asia Pacific Market by Growing System 42
3.1 Market Overview by Growing System 42
3.2 Media Filled Growbeds (MFG) 44
3.2.1 Constant Flow 45
3.2.2 Ebb and Flow (Flood and Drain) 46
3.3 Nutrient Film Technique (NFT) 47
3.4 Deep-Water Culture (DWC) 48
3.5 Other Growing Systems 49
4 Segmentation of Asia Pacific Market by Facility Type 50
4.1 Market Overview by Facility Type 50
4.2 Poly or Glass Greenhouses 52
4.3 Indoor Vertical Farms 54
4.4 Other Facility Types 56
5 Segmentation of Asia Pacific Market by Equipment 57
5.1 Market Overview by Equipment 57
5.2 Grow Lights 59
5.3 Pumps and Valves 61
5.4 Water Heaters 62
5.5 Fish Purge Systems 63
5.6 Aeration Systems 64
5.7 Water Quality Testing 65
5.8 Other Equipment 66
6 Segmentation of Asia Pacific Market by Component 67
6.1 Market Overview by Component 67
6.2 Bio Filters 69
6.3 Settling Basins 70
6.4 Fishtanks 71
6.5 Soil-free Plant Beds 72
6.6 Rearing Tanks 73
6.7 Hydroponics Subsystems 74
6.8 Other Components 75
7 Segmentation of Asia Pacific Market by Product Type 76
7.1 Market Overview by Product Type 76
7.2 Fish 78
7.2.1 Tilapia 80
7.2.2 Catfish 81
7.2.3 Carp 82
7.2.4 Trout 83
7.2.5 Ornamental Fish 84
7.2.6 Other Fish Types 85
7.3 Plants 86
7.3.1 Vegetables 87
7.3.2 Herbs 88
7.3.3 Fruits 89
7.4 Other Products 90
8 Segmentation of Asia Pacific Market by Application 91
8.1 Market Overview by Application 91
8.2 Commercial 93
8.3 Home Production 94
8.4 Other Applications 95
9 Asia-Pacific Market 2022-2032 by Country 96
9.1 Overview of Asia-Pacific Market 96
9.2 Japan 99
9.3 China 102
9.4 Australia 104
9.5 India 106
9.6 South Korea 108
9.7 Rest of APAC Region 110
10 Competitive Landscape 112
10.1 Overview of Key Vendors 112
10.2 New Product Launch, Partnership, Investment, and M&A 115
10.3 Company Profiles 116
Aqua Gardening 116
Aquaponic Lynx LLC 118
Aquaponics USA 119
Argus Control Systems Ltd. 120
Backyard Aquaponics Pty. Ltd. 121
BIGH 122
Cheidys Aquaponics Perth 123
Deep Water Farms 124
ECF Farmsystems GmbH 125
Endless Food Systems 126
GreenLife Aquaponics 127
Hydrofarm 128
Hydrogarden 129
Nelson & Pade Aquaponics 130
Ouroboros Farms 131
Pentair Aquatic Eco-System Inc. (PAES) 132
Practical Aquaponics 133
Springworks Farm 134
Superior Fresh 135
Sustainnovation Inc. (WaterFarmers Aquaponics) 136
Symbiotic Aquaponic LLC 137
The Aquaponic Source 138
Traders Hill Farm 139
RELATED REPORTS 140
List of Tables:
Table 1. Snapshot of Asia Pacific Aquaponics Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Economic Outlook, 2021-2023 22
Table 4. World Population Projections to 2035 28
Table 5. Worldwide Sales of Organic Food, 2022-2032, $ bn 30
Table 6. Main Product Trends and Market Opportunities in Asia Pacific Aquaponics Market 34
Table 7. Asia Pacific Aquaponics Market by Growing System, 2022-2032, $ mn 42
Table 8. Asia Pacific Aquaponics Market: Media Filled Growbeds (MFG) by Type, 2022-2032, $ mn 44
Table 9. Asia Pacific Aquaponics Market by Facility Type, 2022-2032, $ mn 50
Table 10. Key Vendors and Main Products of Greenhouse Market 53
Table 11. Key Vendors and Main Products of Vertical Farming Market 55
Table 12. Asia Pacific Aquaponics Market by Equipment, 2022-2032, $ mn 57
Table 13. Key Vendors and Main Products of Grow Lights Market 60
Table 14. Asia Pacific Aquaponics Market by Component, 2022-2032, $ mn 67
Table 15. Asia Pacific Aquaponics Market by Product Type, 2022-2032, $ mn 76
Table 16. Asia Pacific Aquaponics Market: Fish by Type, 2022-2032, $ mn 79
Table 17. Asia Pacific Aquaponics Market: Plants by Type, 2022-2032, $ mn 86
Table 18. Asia Pacific Aquaponics Market by Application, 2022-2032, $ mn 91
Table 19. APAC Aquaponics Market by Country, 2022-2032, $ mn 97
Table 20. Japan Aquaponics Market by Growing System, 2022-2032, $ mn 101
Table 21. Japan Aquaponics Market by Component, 2022-2032, $ mn 101
Table 22. Japan Aquaponics Market by Product Type, 2022-2032, $ mn 101
Table 23. China Aquaponics Market by Growing System, 2022-2032, $ mn 103
Table 24. China Aquaponics Market by Component, 2022-2032, $ mn 103
Table 25. China Aquaponics Market by Product Type, 2022-2032, $ mn 103
Table 26. Australia Aquaponics Market by Growing System, 2022-2032, $ mn 105
Table 27. Australia Aquaponics Market by Component, 2022-2032, $ mn 105
Table 28. Australia Aquaponics Market by Product Type, 2022-2032, $ mn 105
Table 29. India Aquaponics Market by Growing System, 2022-2032, $ mn 107
Table 30. India Aquaponics Market by Component, 2022-2032, $ mn 107
Table 31. India Aquaponics Market by Product Type, 2022-2032, $ mn 107
Table 32. South Korea Aquaponics Market by Growing System, 2022-2032, $ mn 109
Table 33. South Korea Aquaponics Market by Component, 2022-2032, $ mn 109
Table 34. South Korea Aquaponics Market by Product Type, 2022-2032, $ mn 109
Table 35. Aquaponics Market in Rest of APAC by Country/Region, 2022-2032, $ mn 111
Table 36. Aqua Gardening: Company Snapshot 116
Table 37. Aqua Gardening: Business Segmentation 117
Table 38. Aqua Gardening: Product Portfolio 117
