Global Aquaponic and Hydroponic System Market Outlook:
The Global Aquaponic and Hydroponic System Market has shown significant growth in recent years. In 2022, the market was valued at US$ 463.5 million. The market is expected to continue its upward trajectory, reaching an estimated value of US$ 540.6 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 2.6% during the forecast period from 2023 to 2029. This growth can be attributed to the increasing global demand for sustainable and efficient farming practices. As more people become aware of the benefits of aquaponic and hydroponic systems, the market is expected to expand further. However, it's important to note that the market's growth could be affected by various factors, including the high initial setup cost and lack of awareness in certain regions. NO DATA
| Report Metric | Details |
| Report Name | Aquaponic and Hydroponic System Market |
| Accounted market size in 2022 | US$ 450 million |
| Forecasted market size in 2029 | US$ 540.6 million |
| CAGR | 2.6% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | AmHydro, Aquaponic, Argus Controls System, Backyard Aquaponics, UrbanFarmers, Colorado Aquaponics, ECF Farmsystems, GreenTech Agro, General Hydroponics, Hydrofarm, Perth Aquaponics, LivinGreen, My Aquaponics, Nelson and Pade |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
