Aquaponics Market Size, Share, Future Road-map, Technological Innovations & Growth Forecast To 2022 to 2032
The global aquaponics market is projected to reach a value of US$3.3 Billion by 2032, with sales growing at a robust CAGR of 8.3% for the forecast period of 2022-2032. Application of aquaponics provides benefits like a rise in income due to dual growing activities, reduced technical complexity, and limited water consumption. Thus, the aquaponics market- expected to reach an estimated value of US$1.5 Billion in 2022- is showing significant growth. A closed-loop water-circulation system combining fish aquaculture and vegetable cultivation not only saves a lot of water but also boosts crop productivity during periods of extreme drought. This entire system is aquaponics technology. Small-scale farmers are now open to including aquaponics as a farming technique. The successful utilization of aquaponics ensures an increase in revenue as well as limited consumption of water. Rising demand for sustainable agricultural approaches also promotes market growth for aquapo...