The global aquaponics market is anticipated to rise significantly, rising from US$ 1,560 million in 2023 to US$ 3,415.5 million by 2033, per FMI study. Aquaponics, a sustainable farming technique that combines aquaculture and hydroponics, has a number of advantages over traditional crop cultivation, including significant water savings and a decreased need for pesticides and synthetic fertilisers …
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Sustainable Farming: Aquaponics Market Set to Reach USD 3,415.5 Million with an 8% CAGR by 2033
Aquaponics Market As per FMI’s analysis, the global aquaponics market is poised for substantial growth, with recent data by FMI projecting the market to reach US$ 3,415.5 million by 2033. The industry is anticipated to grow at a compound annual growth rate (CAGR) of 8% from its 2023 valuation of US$ 1,560 million. Aquaponics, a system …
Aquaponics Market 2022 Development Status, Competition Analysis, Type and Application 2032
Newly released data from Aquaponics Market Analysis shows that global demand for aquaponics enjoyed year-on-year (YoY) growth of 8.0% in 2022 and is estimated to be USD 1.5 Bn in 2022 and is expected to witness a prominent growth rate of 8.3% to reach the value of USD 3.3 Bn by 2032. Attribute Details Market Size Value in 2022 USD 1.5 Bn Market Forecast Value …