North America Aquaponics Market 2024-2033 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
- Report ID: 65311
- Date: May, 2024
- Pages: 135
- Category: Consumer Goods
North America aquaponics market is projected to grow by 10.3% annually in the forecast period and reach $ 819.0 million by 2033, 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 2024-2033 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 2021-2023 and provides forecast from 2024 till 2033 with 2023 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 2024-2033 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 North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 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 2024-2033 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 2024-2033 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 2024-2033 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 North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 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 2024-2033. 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America Market 2022-2032 by Country 96
9.1 Overview of North America Market 96
9.2 U.S. 99
9.3 Canada 102
9.4 Mexico 105
10 Competitive Landscape 107
10.1 Overview of Key Vendors 107
10.2 New Product Launch, Partnership, Investment, and M&A 110
10.3 Company Profiles 111
Aqua Gardening 111
Aquaponic Lynx LLC 113
Aquaponics USA 114
Argus Control Systems Ltd. 115
Backyard Aquaponics Pty. Ltd. 116
BIGH 117
Cheidys Aquaponics Perth 118
Deep Water Farms 119
ECF Farmsystems GmbH 120
Endless Food Systems 121
GreenLife Aquaponics 122
Hydrofarm 123
Hydrogarden 124
Nelson & Pade Aquaponics 125
Ouroboros Farms 126
Pentair Aquatic Eco-System Inc. (PAES) 127
Practical Aquaponics 128
Springworks Farm 129
Superior Fresh 130
Sustainnovation Inc. (WaterFarmers Aquaponics) 131
Symbiotic Aquaponic LLC 132
The Aquaponic Source 133
Traders Hill Farm 134
RELATED REPORTS 135
List of Tables
List of Tables:
Table 1. Snapshot of North America 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 North America Aquaponics Market 34
Table 7. North America Aquaponics Market by Growing System, 2022-2032, $ mn 42
Table 8. North America Aquaponics Market: Media Filled Growbeds (MFG) by Type, 2022-2032, $ mn 44
Table 9. North America 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. North America Aquaponics Market by Equipment, 2022-2032, $ mn 57
Table 13. Key Vendors and Main Products of Grow Lights Market 60
Table 14. North America Aquaponics Market by Component, 2022-2032, $ mn 67
Table 15. North America Aquaponics Market by Product Type, 2022-2032, $ mn 76
Table 16. North America Aquaponics Market: Fish by Type, 2022-2032, $ mn 79
Table 17. North America Aquaponics Market: Plants by Type, 2022-2032, $ mn 86
Table 18. North America Aquaponics Market by Application, 2022-2032, $ mn 91
Table 19. North America Aquaponics Market by Country, 2022-2032, $ mn 97
Table 20. U.S. Vertical Farms and Greenhouses to Be Built, 2023-2030, Acres 100
Table 21. U.S. Aquaponics Market by Growing System, 2022-2032, $ mn 101
Table 22. U.S. Aquaponics Market by Component, 2022-2032, $ mn 101
Table 23. U.S. Aquaponics Market by Product Type, 2022-2032, $ mn 101
Table 24. Canada Vertical Farms and Greenhouses to Be Built, 2023-2030, Acres 103
Table 25. Canada Aquaponics Market by Growing System, 2022-2032, $ mn 104
Table 26. Canada Aquaponics Market by Component, 2022-2032, $ mn 104
Table 27. Canada Aquaponics Market by Product Type, 2022-2032, $ mn 104
Table 28. Mexico Aquaponics Market by Growing System, 2022-2032, $ mn 106
Table 29. Mexico Aquaponics Market by Component, 2022-2032, $ mn 106
Table 30. Mexico Aquaponics Market by Product Type, 2022-2032, $ mn 106
Table 31. Aqua Gardening: Company Snapshot 111
Table 32. Aqua Gardening: Business Segmentation 112
Table 33. Aqua Gardening: Product Portfolio 112
List of Figures
List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16
Figure 4. North America Aquaponics Market, 2022-2032, $ mn 19
Figure 5. Impact of COVID-19 on Business 23
Figure 6. Primary Drivers and Impact Factors of North America Aquaponics Market 25
Figure 7. Forecast of Middle-class Population by Region, 2015-2030, million 28
Figure 8. Worldwide Per Capita Arable Land in Hectare, 1961-2020 29
Figure 9. World Map of Per Capita Arable Land in 2020 29
Figure 10. Primary Restraints and Impact Factors of North America Aquaponics Market 31
Figure 11. Investment Opportunity Analysis 35
Figure 12. Porter’s Fiver Forces Analysis of North America Aquaponics Market 38
Figure 13. Breakdown of North America Aquaponics Market by Growing System, 2022-2032, % of Revenue 43
Figure 14. North America Addressable Market Cap in 2023-2032 by Growing System, Value ($ mn) and Share (%) 43
Figure 15. North America Aquaponics Market by Growing System: Media Filled Growbeds (MFG), 2022-2032, $ mn 44
Figure 16. North America Aquaponics Market by Media Filled Growbeds (MFG): Constant Flow, 2022-2032, $ mn 45
Figure 17. North America Aquaponics Market by Media Filled Growbeds (MFG): Ebb and Flow (Flood and Drain), 2022-2032, $ mn 46
Figure 18. North America Aquaponics Market by Growing System: Nutrient Film Technique (NFT), 2022-2032, $ mn 47
Figure 19. North America Aquaponics Market by Growing System: Deep-Water Culture (DWC), 2022-2032, $ mn 48
Figure 20. North America Aquaponics Market by Growing System: Other Growing Systems, 2022-2032, $ mn 49
Figure 21. Breakdown of North America Aquaponics Market by Facility Type, 2022-2032, % of Sales Revenue 51
Figure 22. North America Addressable Market Cap in 2023-2032 by Facility Type, Value ($ mn) and Share (%) 51
Figure 23. North America Aquaponics Market by Facility Type: Poly or Glass Greenhouses, 2022-2032, $ mn 52
Figure 24. North America Aquaponics Market by Facility Type: Indoor Vertical Farms, 2022-2032, $ mn 54
Figure 25. North America Aquaponics Market by Facility Type: Other Facility Types, 2022-2032, $ mn 56
Figure 26. Breakdown of North America Aquaponics Market by Equipment, 2022-2032, % of Sales Revenue 58
Figure 27. North America Addressable Market Cap in 2023-2032 by Equipment, Value ($ mn) and Share (%) 58
Figure 28. North America Aquaponics Market by Equipment: Grow Lights, 2022-2032, $ mn 59
Figure 29. North America Aquaponics Market by Equipment: Pumps and Valves, 2022-2032, $ mn 61
Figure 30. North America Aquaponics Market by Equipment: Water Heaters, 2022-2032, $ mn 62
Figure 31. North America Aquaponics Market by Equipment: Fish Purge Systems, 2022-2032, $ mn 63
Figure 32. North America Aquaponics Market by Equipment: Aeration Systems, 2022-2032, $ mn 64
Figure 33. North America Aquaponics Market by Equipment: Water Quality Testing, 2022-2032, $ mn 65
Figure 34. North America Aquaponics Market by Equipment: Other Equipment, 2022-2032, $ mn 66
Figure 35. Breakdown of North America Aquaponics Market by Component, 2022-2032, % of Revenue 68
Figure 36. North America Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%) 68
Figure 37. North America Aquaponics Market by Component: Bio Filters, 2022-2032, $ mn 69
Figure 38. North America Aquaponics Market by Component: Settling Basins, 2022-2032, $ mn 70
Figure 39. North America Aquaponics Market by Component: Fishtanks, 2022-2032, $ mn 71
Figure 40. North America Aquaponics Market by Component: Soil-free Plant Beds, 2022-2032, $ mn 72
Figure 41. North America Aquaponics Market by Component: Rearing Tanks, 2022-2032, $ mn 73
Figure 42. North America Aquaponics Market by Component: Hydroponics Subsystems, 2022-2032, $ mn 74
Figure 43. North America Aquaponics Market by Component: Other Components, 2022-2032, $ mn 75
Figure 44. Breakdown of North America Aquaponics Market by Product Type, 2022-2032, % of Revenue 77
Figure 45. North America Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%) 77
Figure 46. North America Aquaponics Market by Product Type: Fish, 2022-2032, $ mn 78
Figure 47. North America Aquaponics Market by Fish: Tilapia, 2022-2032, $ mn 80
Figure 48. North America Aquaponics Market by Fish: Catfish, 2022-2032, $ mn 81
Figure 49. North America Aquaponics Market by Fish: Carp, 2022-2032, $ mn 82
Figure 50. North America Aquaponics Market by Fish: Trout, 2022-2032, $ mn 83
Figure 51. North America Aquaponics Market by Fish: Ornamental Fish, 2022-2032, $ mn 84
Figure 52. North America Aquaponics Market by Fish: Other Fish Types, 2022-2032, $ mn 85
Figure 53. North America Aquaponics Market by Product Type: Plants, 2022-2032, $ mn 86
Figure 54. North America Aquaponics Market by Plants: Vegetables, 2022-2032, $ mn 87
Figure 55. North America Aquaponics Market by Plants: Herbs, 2022-2032, $ mn 88
Figure 56. North America Aquaponics Market by Plants: Fruits, 2022-2032, $ mn 89
Figure 57. North America Aquaponics Market by Product Type: Other Products, 2022-2032, $ mn 90
Figure 58. Breakdown of North America Aquaponics Market by Application, 2022-2032, % of Revenue 91
Figure 59. North America Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 92
Figure 60. North America Aquaponics Market by Application: Commercial, 2022-2032, $ mn 93
Figure 61. North America Aquaponics Market by Application: Home Production, 2022-2032, $ mn 94
Figure 62. North America Aquaponics Market by Application: Other Applications, 2022-2032, $ mn 95
Figure 63. Breakdown of North America Aquaponics Market by Country, 2022 and 2032, % of Revenue 97
Figure 64. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 98
Figure 65. U.S. Aquaponics Market, 2022-2032, $ mn 100
Figure 66. Canada Aquaponics Market, 2022-2032, $ mn 103
Figure 67. Aquaponics Market in Mexico, 2022-2032, $ mn 105
Figure 68. Growth Stage of North America Aquaponics Industry over the Forecast Period 107
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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