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
February 28, 2023
GMD Research
140
PDF
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
Abstract 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) oConstant Flow oEbb 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 oTilapia oCatfish oCarp oTrout oOrnamental Fish oOther Fish Types •Plants oVegetables oHerbs oFruits •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.)
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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific Market by Application91 8.1 Market Overview by Application91 8.2 Commercial93 8.3 Home Production94 8.4 Other Applications95 9 Asia-Pacific Market 2022-2032 by Country96 9.1 Overview of Asia-Pacific Market96 9.2 Japan99 9.3 China102 9.4 Australia104 9.5 India106 9.6 South Korea108 9.7 Rest of APAC Region110 10 Competitive Landscape112 10.1 Overview of Key Vendors112 10.2 New Product Launch, Partnership, Investment, and M&A115 10.3 Company Profiles116 Aqua Gardening116 Aquaponic Lynx LLC118 Aquaponics USA119 Argus Control Systems Ltd.120 Backyard Aquaponics Pty. Ltd.121 BIGH122 Cheidys Aquaponics Perth123 Deep Water Farms124 ECF Farmsystems GmbH125 Endless Food Systems126 GreenLife Aquaponics127 Hydrofarm128 Hydrogarden129 Nelson & Pade Aquaponics130 Ouroboros Farms131 Pentair Aquatic Eco-System Inc. (PAES)132 Practical Aquaponics133 Springworks Farm134 Superior Fresh135 Sustainnovation Inc. (WaterFarmers Aquaponics)136 Symbiotic Aquaponic LLC137 The Aquaponic Source138 Traders Hill Farm139 RELATED REPORTS140
List of Tables:
Table 1. Snapshot of Asia Pacific 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 Asia Pacific Aquaponics Market34 Table 7. Asia Pacific Aquaponics Market by Growing System, 2022-2032, $ mn42 Table 8. Asia Pacific Aquaponics Market: Media Filled Growbeds (MFG) by Type, 2022-2032, $ mn44 Table 9. Asia Pacific 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. Asia Pacific Aquaponics Market by Equipment, 2022-2032, $ mn57 Table 13. Key Vendors and Main Products of Grow Lights Market60 Table 14. Asia Pacific Aquaponics Market by Component, 2022-2032, $ mn67 Table 15. Asia Pacific Aquaponics Market by Product Type, 2022-2032, $ mn76 Table 16. Asia Pacific Aquaponics Market: Fish by Type, 2022-2032, $ mn79 Table 17. Asia Pacific Aquaponics Market: Plants by Type, 2022-2032, $ mn86 Table 18. Asia Pacific Aquaponics Market by Application, 2022-2032, $ mn91 Table 19. APAC Aquaponics Market by Country, 2022-2032, $ mn97 Table 20. Japan Aquaponics Market by Growing System, 2022-2032, $ mn101 Table 21. Japan Aquaponics Market by Component, 2022-2032, $ mn101 Table 22. Japan Aquaponics Market by Product Type, 2022-2032, $ mn101 Table 23. China Aquaponics Market by Growing System, 2022-2032, $ mn103 Table 24. China Aquaponics Market by Component, 2022-2032, $ mn103 Table 25. China Aquaponics Market by Product Type, 2022-2032, $ mn103 Table 26. Australia Aquaponics Market by Growing System, 2022-2032, $ mn105 Table 27. Australia Aquaponics Market by Component, 2022-2032, $ mn105 Table 28. Australia Aquaponics Market by Product Type, 2022-2032, $ mn105 Table 29. India Aquaponics Market by Growing System, 2022-2032, $ mn107 Table 30. India Aquaponics Market by Component, 2022-2032, $ mn107 Table 31. India Aquaponics Market by Product Type, 2022-2032, $ mn107 Table 32. South Korea Aquaponics Market by Growing System, 2022-2032, $ mn109 Table 33. South Korea Aquaponics Market by Component, 2022-2032, $ mn109 Table 34. South Korea Aquaponics Market by Product Type, 2022-2032, $ mn109 Table 35. Aquaponics Market in Rest of APAC by Country/Region, 2022-2032, $ mn111 Table 36. Aqua Gardening: Company Snapshot116 Table 37. Aqua Gardening: Business Segmentation117 Table 38. Aqua Gardening: Product Portfolio117
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) oConstant Flow oEbb 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 oTilapia oCatfish oCarp oTrout oOrnamental Fish oOther Fish Types •Plants oVegetables oHerbs oFruits •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.)
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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific Market by Application91 8.1 Market Overview by Application91 8.2 Commercial93 8.3 Home Production94 8.4 Other Applications95 9 Asia-Pacific Market 2022-2032 by Country96 9.1 Overview of Asia-Pacific Market96 9.2 Japan99 9.3 China102 9.4 Australia104 9.5 India106 9.6 South Korea108 9.7 Rest of APAC Region110 10 Competitive Landscape112 10.1 Overview of Key Vendors112 10.2 New Product Launch, Partnership, Investment, and M&A115 10.3 Company Profiles116 Aqua Gardening116 Aquaponic Lynx LLC118 Aquaponics USA119 Argus Control Systems Ltd.120 Backyard Aquaponics Pty. Ltd.121 BIGH122 Cheidys Aquaponics Perth123 Deep Water Farms124 ECF Farmsystems GmbH125 Endless Food Systems126 GreenLife Aquaponics127 Hydrofarm128 Hydrogarden129 Nelson & Pade Aquaponics130 Ouroboros Farms131 Pentair Aquatic Eco-System Inc. (PAES)132 Practical Aquaponics133 Springworks Farm134 Superior Fresh135 Sustainnovation Inc. (WaterFarmers Aquaponics)136 Symbiotic Aquaponic LLC137 The Aquaponic Source138 Traders Hill Farm139 RELATED REPORTS140
List of Tables:
Table 1. Snapshot of Asia Pacific 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 Asia Pacific Aquaponics Market34 Table 7. Asia Pacific Aquaponics Market by Growing System, 2022-2032, $ mn42 Table 8. Asia Pacific Aquaponics Market: Media Filled Growbeds (MFG) by Type, 2022-2032, $ mn44 Table 9. Asia Pacific 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. Asia Pacific Aquaponics Market by Equipment, 2022-2032, $ mn57 Table 13. Key Vendors and Main Products of Grow Lights Market60 Table 14. Asia Pacific Aquaponics Market by Component, 2022-2032, $ mn67 Table 15. Asia Pacific Aquaponics Market by Product Type, 2022-2032, $ mn76 Table 16. Asia Pacific Aquaponics Market: Fish by Type, 2022-2032, $ mn79 Table 17. Asia Pacific Aquaponics Market: Plants by Type, 2022-2032, $ mn86 Table 18. Asia Pacific Aquaponics Market by Application, 2022-2032, $ mn91 Table 19. APAC Aquaponics Market by Country, 2022-2032, $ mn97 Table 20. Japan Aquaponics Market by Growing System, 2022-2032, $ mn101 Table 21. Japan Aquaponics Market by Component, 2022-2032, $ mn101 Table 22. Japan Aquaponics Market by Product Type, 2022-2032, $ mn101 Table 23. China Aquaponics Market by Growing System, 2022-2032, $ mn103 Table 24. China Aquaponics Market by Component, 2022-2032, $ mn103 Table 25. China Aquaponics Market by Product Type, 2022-2032, $ mn103 Table 26. Australia Aquaponics Market by Growing System, 2022-2032, $ mn105 Table 27. Australia Aquaponics Market by Component, 2022-2032, $ mn105 Table 28. Australia Aquaponics Market by Product Type, 2022-2032, $ mn105 Table 29. India Aquaponics Market by Growing System, 2022-2032, $ mn107 Table 30. India Aquaponics Market by Component, 2022-2032, $ mn107 Table 31. India Aquaponics Market by Product Type, 2022-2032, $ mn107 Table 32. South Korea Aquaponics Market by Growing System, 2022-2032, $ mn109 Table 33. South Korea Aquaponics Market by Component, 2022-2032, $ mn109 Table 34. South Korea Aquaponics Market by Product Type, 2022-2032, $ mn109 Table 35. Aquaponics Market in Rest of APAC by Country/Region, 2022-2032, $ mn111 Table 36. Aqua Gardening: Company Snapshot116 Table 37. Aqua Gardening: Business Segmentation117 Table 38. Aqua Gardening: Product Portfolio117