Global Aquaponics Market Analysis, Opportunities, Growth, Size, Share and Forecast
Rising demand for organic fruits & vegetables along with the growing population drive the global aquaponics market through 2024. A ccording to TechSci Research report, “ Global Aquaponics Market By Equipment, By Method, By Application, By Region, Forecast & Opportunities, 2024 ” , the global aquaponics market is expected to grow at a CAGR of around 23% during the forecast period. Important Factors of the Global Aquaponics Market Aquaponics is witnessing adoption since it is organic in nature and no pesticide or fertilizer is used in the entire process. Further, aquaponics utilizes the least aquatic space for the husbandry of vegetables, this is an imperative facet for aquaponics salability as arable lands are shrinking owing to rapid urbanization and industrialization. However, the high cost of the initial setup of the aquaponics system and the high investment for technological system installation is likely to hamper the growth of the market ...