Aquaponics Market Growth, Size, Share, and Trends Beyond 2030"
Aquaponics Market Booming The aquaponics market is sprouting like a well-tended veggie patch, driven by a potent mix of rising food demand, environmental concerns, and technological advancements. Market research firm MRFR predicts a flourishing future for this sustainable farming method, with a projected market size of USD 2.46 billion by 2030 and a CAGR of 14.1% from 2023 to 2030. What's fueling the aquaponics frenzy? Growing appetite for fresh, organic food: Consumers are increasingly health-conscious, seeking out locally-grown, chemical-free produce. Aquaponics, which combines fish farming with hydroponics (growing plants in nutrient-rich water), ticks all the boxes. Water woes: As climate change bites and populations swell, water scarcity is a growing concern. Aquaponics systems are incredibly efficient, using 90% less water than traditional agriculture. Urban farming boom: With shrinking arable land and rising urbanization, people are turning to rooftops...