Aquaponics Market Opportunities, Business Forecast To 2028

The global aquaponics market size was valued at USD 23.62 million in 2021 and is estimated to reach USD 50.61 million by 2028, at a CAGR of 11.5% during the forecast period 2022 to 2028. Soil is an excellent source of all available natural resources for growing crops, but soil management takes time. Aquaponics refers to a farming technique that combines the growing of fish and plants. The bacteria consume the waste produced by the fishes as food in this way. Furthermore, the bacteria's nitrogen waste is an excellent fertilizer for plants. The excess water discharged from the plant system is reused to the fish tank on a regular basis. The natural ecosystem is known to be stimulated by aquaponics. It is thought to be an environmentally friendly method of food distribution. Aquaponics promotes sustainability by providing organic veggies while drastically reducing waste output. Furthermore, the system provides an efficient method of growing vegetables in an environmentally responsi...