Title: Brazil Aquaponics Market - Forecast(2021 - 2026)
1Brazil Aquaponics MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- The global aquaponics market is estimated to
register a CAGR of 12.5 during the forecast
period (2021-2026). - The COVID-19 pandemic majorly impacted the supply
chain of the aquaponics market. Supply chain
disruption amidst COVID-19 led farmers to rear
many live fishes and other aquatic species, which
negatively impacted the cost, expenditure, and
risk borne by the farmers.
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- Key Takeaways
- As aquaponics are free from chemical fertilizers
and crop protection chemicals, with fish waste
serving as the prime nutrients for plants, the
demand for organically grown crops holds high
potential and an untapped space for emerging
aquaponic farms and aquaponic system providers. - Sales of organic fruits and vegetables rose by
5.6, to USD 17.40 billion, in 2018 from USD
16.42 billion during the previous year, as
reported by the Organic Trade Association,
leading the United States to become one of the
leading markets for organically grown fruits and
vegetables.
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North America Dominates the Market Although
still a small industry in North America,
aquaponic farming is expected to witness
exponential growth in the coming years. In 2014,
the University of Wisconsin Stevens Point and
Nelson and Pade Aquaponics entered a
Public-Private Partnership (PPP) to establish an
Aquaponics Innovation Center as part of the
UW-System Economic Development Incentive Grant.
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- Brazil Aquaponics Market Out Look
- Nelson Pade Aquaponics
- Pentair Aquatic Eco-System, Inc. (PAES)
- Practical Aquaponics
- Aquaponics USA
- The Aquaponic Source
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