North America 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
February 28, 2023
GMD Research
135
PDF
North America 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
Abstract North America aquaponics market is projected to grow by 10.3% annually in the forecast period and reach $ 819.0 million by 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 33 tables and 68 figures, this 135-page report “North America 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 North America 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 North America 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 North America 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 North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Media Filled Growbeds (MFG) oConstant Flow oEbb and Flow (Flood and Drain) •Nutrient Film Technique (NFT) •Deep-Water Culture (DWC) •Other Growing Systems
Based on Facility Type, the North America 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 North America 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 North America 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 North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Fish oTilapia oCatfish oCarp oTrout oOrnamental Fish oOther Fish Types •Plants oVegetables oHerbs oFruits •Other Products
By Application, the North America 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: •U.S. •Canada •Mexico 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.)
Content Table of Contents
1 Introduction7 1.1 Industry Definition and Research Scope7 1.1.1 Industry Definition7 1.1.2 Research Scope8 1.2 Research Methodology11 1.2.1 Overview of Market Research Methodology11 1.2.2 Market Assumption12 1.2.3 Secondary Data12 1.2.4 Primary Data12 1.2.5 Data Filtration and Model Design13 1.2.6 Market Size/Share Estimation14 1.2.7 Research Limitations15 1.3 Executive Summary16 2 Market Overview and Dynamics19 2.1 Market Size and Forecast19 2.1.1 Impact of COVID-19 on World Economy20 2.1.2 Impact of COVID-19 on the Market23 2.2 Major Growth Drivers25 2.3 Market Restraints and Challenges31 2.4 Emerging Opportunities and Market Trends34 2.5 Porter’s Fiver Forces Analysis38 3 Segmentation of North America Market by Growing System42 3.1 Market Overview by Growing System42 3.2 Media Filled Growbeds (MFG)44 3.2.1 Constant Flow45 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 Systems49 4 Segmentation of North America Market by Facility Type50 4.1 Market Overview by Facility Type50 4.2 Poly or Glass Greenhouses52 4.3 Indoor Vertical Farms54 4.4 Other Facility Types56 5 Segmentation of North America Market by Equipment57 5.1 Market Overview by Equipment57 5.2 Grow Lights59 5.3 Pumps and Valves61 5.4 Water Heaters62 5.5 Fish Purge Systems63 5.6 Aeration Systems64 5.7 Water Quality Testing65 5.8 Other Equipment66 6 Segmentation of North America Market by Component67 6.1 Market Overview by Component67 6.2 Bio Filters69 6.3 Settling Basins70 6.4 Fishtanks71 6.5 Soil-free Plant Beds72 6.6 Rearing Tanks73 6.7 Hydroponics Subsystems74 6.8 Other Components75 7 Segmentation of North America Market by Product Type76 7.1 Market Overview by Product Type76 7.2 Fish78 7.2.1 Tilapia80 7.2.2 Catfish81 7.2.3 Carp82 7.2.4 Trout83 7.2.5 Ornamental Fish84 7.2.6 Other Fish Types85 7.3 Plants86 7.3.1 Vegetables87 7.3.2 Herbs88 7.3.3 Fruits89 7.4 Other Products90 8 Segmentation of North America Market by Application91 8.1 Market Overview by Application91 8.2 Commercial93 8.3 Home Production94 8.4 Other Applications95 9 North America Market 2022-2032 by Country96 9.1 Overview of North America Market96 9.2 U.S.99 9.3 Canada102 9.4 Mexico105 10 Competitive Landscape107 10.1 Overview of Key Vendors107 10.2 New Product Launch, Partnership, Investment, and M&A110 10.3 Company Profiles111 Aqua Gardening111 Aquaponic Lynx LLC113 Aquaponics USA114 Argus Control Systems Ltd.115 Backyard Aquaponics Pty. Ltd.116 BIGH117 Cheidys Aquaponics Perth118 Deep Water Farms119 ECF Farmsystems GmbH120 Endless Food Systems121 GreenLife Aquaponics122 Hydrofarm123 Hydrogarden124 Nelson & Pade Aquaponics125 Ouroboros Farms126 Pentair Aquatic Eco-System Inc. (PAES)127 Practical Aquaponics128 Springworks Farm129 Superior Fresh130 Sustainnovation Inc. (WaterFarmers Aquaponics)131 Symbiotic Aquaponic LLC132 The Aquaponic Source133 Traders Hill Farm134 RELATED REPORTS135
List of Tables:
Table 1. Snapshot of North America Aquaponics Market in Balanced Perspective, 2022-203217 Table 2. World Economic Outlook, 2021-203121 Table 3. World Economic Outlook, 2021-202322 Table 4. World Population Projections to 203528 Table 5. Worldwide Sales of Organic Food, 2022-2032, $ bn30 Table 6. Main Product Trends and Market Opportunities in North America Aquaponics Market34 Table 7. North America Aquaponics Market by Growing System, 2022-2032, $ mn42 Table 8. North America Aquaponics Market: Media Filled Growbeds (MFG) by Type, 2022-2032, $ mn44 Table 9. North America Aquaponics Market by Facility Type, 2022-2032, $ mn50 Table 10. Key Vendors and Main Products of Greenhouse Market53 Table 11. Key Vendors and Main Products of Vertical Farming Market55 Table 12. North America Aquaponics Market by Equipment, 2022-2032, $ mn57 Table 13. Key Vendors and Main Products of Grow Lights Market60 Table 14. North America Aquaponics Market by Component, 2022-2032, $ mn67 Table 15. North America Aquaponics Market by Product Type, 2022-2032, $ mn76 Table 16. North America Aquaponics Market: Fish by Type, 2022-2032, $ mn79 Table 17. North America Aquaponics Market: Plants by Type, 2022-2032, $ mn86 Table 18. North America Aquaponics Market by Application, 2022-2032, $ mn91 Table 19. North America Aquaponics Market by Country, 2022-2032, $ mn97 Table 20. U.S. Vertical Farms and Greenhouses to Be Built, 2023-2030, Acres100 Table 21. U.S. Aquaponics Market by Growing System, 2022-2032, $ mn101 Table 22. U.S. Aquaponics Market by Component, 2022-2032, $ mn101 Table 23. U.S. Aquaponics Market by Product Type, 2022-2032, $ mn101 Table 24. Canada Vertical Farms and Greenhouses to Be Built, 2023-2030, Acres103 Table 25. Canada Aquaponics Market by Growing System, 2022-2032, $ mn104 Table 26. Canada Aquaponics Market by Component, 2022-2032, $ mn104 Table 27. Canada Aquaponics Market by Product Type, 2022-2032, $ mn104 Table 28. Mexico Aquaponics Market by Growing System, 2022-2032, $ mn106 Table 29. Mexico Aquaponics Market by Component, 2022-2032, $ mn106 Table 30. Mexico Aquaponics Market by Product Type, 2022-2032, $ mn106 Table 31. Aqua Gardening: Company Snapshot111 Table 32. Aqua Gardening: Business Segmentation112 Table 33. Aqua Gardening: Product Portfolio112
North America aquaponics market is projected to grow by 10.3% annually in the forecast period and reach $ 819.0 million by 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 33 tables and 68 figures, this 135-page report “North America 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 North America 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 North America 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 North America 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 North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Media Filled Growbeds (MFG) oConstant Flow oEbb and Flow (Flood and Drain) •Nutrient Film Technique (NFT) •Deep-Water Culture (DWC) •Other Growing Systems
Based on Facility Type, the North America 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 North America 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 North America 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 North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Fish oTilapia oCatfish oCarp oTrout oOrnamental Fish oOther Fish Types •Plants oVegetables oHerbs oFruits •Other Products
By Application, the North America 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: •U.S. •Canada •Mexico 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.)
Table of Contents
1 Introduction7 1.1 Industry Definition and Research Scope7 1.1.1 Industry Definition7 1.1.2 Research Scope8 1.2 Research Methodology11 1.2.1 Overview of Market Research Methodology11 1.2.2 Market Assumption12 1.2.3 Secondary Data12 1.2.4 Primary Data12 1.2.5 Data Filtration and Model Design13 1.2.6 Market Size/Share Estimation14 1.2.7 Research Limitations15 1.3 Executive Summary16 2 Market Overview and Dynamics19 2.1 Market Size and Forecast19 2.1.1 Impact of COVID-19 on World Economy20 2.1.2 Impact of COVID-19 on the Market23 2.2 Major Growth Drivers25 2.3 Market Restraints and Challenges31 2.4 Emerging Opportunities and Market Trends34 2.5 Porter’s Fiver Forces Analysis38 3 Segmentation of North America Market by Growing System42 3.1 Market Overview by Growing System42 3.2 Media Filled Growbeds (MFG)44 3.2.1 Constant Flow45 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 Systems49 4 Segmentation of North America Market by Facility Type50 4.1 Market Overview by Facility Type50 4.2 Poly or Glass Greenhouses52 4.3 Indoor Vertical Farms54 4.4 Other Facility Types56 5 Segmentation of North America Market by Equipment57 5.1 Market Overview by Equipment57 5.2 Grow Lights59 5.3 Pumps and Valves61 5.4 Water Heaters62 5.5 Fish Purge Systems63 5.6 Aeration Systems64 5.7 Water Quality Testing65 5.8 Other Equipment66 6 Segmentation of North America Market by Component67 6.1 Market Overview by Component67 6.2 Bio Filters69 6.3 Settling Basins70 6.4 Fishtanks71 6.5 Soil-free Plant Beds72 6.6 Rearing Tanks73 6.7 Hydroponics Subsystems74 6.8 Other Components75 7 Segmentation of North America Market by Product Type76 7.1 Market Overview by Product Type76 7.2 Fish78 7.2.1 Tilapia80 7.2.2 Catfish81 7.2.3 Carp82 7.2.4 Trout83 7.2.5 Ornamental Fish84 7.2.6 Other Fish Types85 7.3 Plants86 7.3.1 Vegetables87 7.3.2 Herbs88 7.3.3 Fruits89 7.4 Other Products90 8 Segmentation of North America Market by Application91 8.1 Market Overview by Application91 8.2 Commercial93 8.3 Home Production94 8.4 Other Applications95 9 North America Market 2022-2032 by Country96 9.1 Overview of North America Market96 9.2 U.S.99 9.3 Canada102 9.4 Mexico105 10 Competitive Landscape107 10.1 Overview of Key Vendors107 10.2 New Product Launch, Partnership, Investment, and M&A110 10.3 Company Profiles111 Aqua Gardening111 Aquaponic Lynx LLC113 Aquaponics USA114 Argus Control Systems Ltd.115 Backyard Aquaponics Pty. Ltd.116 BIGH117 Cheidys Aquaponics Perth118 Deep Water Farms119 ECF Farmsystems GmbH120 Endless Food Systems121 GreenLife Aquaponics122 Hydrofarm123 Hydrogarden124 Nelson & Pade Aquaponics125 Ouroboros Farms126 Pentair Aquatic Eco-System Inc. (PAES)127 Practical Aquaponics128 Springworks Farm129 Superior Fresh130 Sustainnovation Inc. (WaterFarmers Aquaponics)131 Symbiotic Aquaponic LLC132 The Aquaponic Source133 Traders Hill Farm134 RELATED REPORTS135
List of Tables:
Table 1. Snapshot of North America Aquaponics Market in Balanced Perspective, 2022-203217 Table 2. World Economic Outlook, 2021-203121 Table 3. World Economic Outlook, 2021-202322 Table 4. World Population Projections to 203528 Table 5. Worldwide Sales of Organic Food, 2022-2032, $ bn30 Table 6. Main Product Trends and Market Opportunities in North America Aquaponics Market34 Table 7. North America Aquaponics Market by Growing System, 2022-2032, $ mn42 Table 8. North America Aquaponics Market: Media Filled Growbeds (MFG) by Type, 2022-2032, $ mn44 Table 9. North America Aquaponics Market by Facility Type, 2022-2032, $ mn50 Table 10. Key Vendors and Main Products of Greenhouse Market53 Table 11. Key Vendors and Main Products of Vertical Farming Market55 Table 12. North America Aquaponics Market by Equipment, 2022-2032, $ mn57 Table 13. Key Vendors and Main Products of Grow Lights Market60 Table 14. North America Aquaponics Market by Component, 2022-2032, $ mn67 Table 15. North America Aquaponics Market by Product Type, 2022-2032, $ mn76 Table 16. North America Aquaponics Market: Fish by Type, 2022-2032, $ mn79 Table 17. North America Aquaponics Market: Plants by Type, 2022-2032, $ mn86 Table 18. North America Aquaponics Market by Application, 2022-2032, $ mn91 Table 19. North America Aquaponics Market by Country, 2022-2032, $ mn97 Table 20. U.S. Vertical Farms and Greenhouses to Be Built, 2023-2030, Acres100 Table 21. U.S. Aquaponics Market by Growing System, 2022-2032, $ mn101 Table 22. U.S. Aquaponics Market by Component, 2022-2032, $ mn101 Table 23. U.S. Aquaponics Market by Product Type, 2022-2032, $ mn101 Table 24. Canada Vertical Farms and Greenhouses to Be Built, 2023-2030, Acres103 Table 25. Canada Aquaponics Market by Growing System, 2022-2032, $ mn104 Table 26. Canada Aquaponics Market by Component, 2022-2032, $ mn104 Table 27. Canada Aquaponics Market by Product Type, 2022-2032, $ mn104 Table 28. Mexico Aquaponics Market by Growing System, 2022-2032, $ mn106 Table 29. Mexico Aquaponics Market by Component, 2022-2032, $ mn106 Table 30. Mexico Aquaponics Market by Product Type, 2022-2032, $ mn106 Table 31. Aqua Gardening: Company Snapshot111 Table 32. Aqua Gardening: Business Segmentation112 Table 33. Aqua Gardening: Product Portfolio112