Latin America Aquaponics System Market Industry Analysis
Latin America Aquaponics System Market was worth USD 56.2 million in 2016 and estimated to be growing at a CAGR of 16.25%, to reach USD 119.3 million by 2021.
(EMAILWIRE.COM, November 22, 2017 ) Aquaponics system is the combination of aquaculture and hydroponics together in an ideal environment. Aquaculture is the growing of aquatic animals like fish, prawns and other aquatic animals. Hydroponics is cultivating of plants in water without soil. The aquaculture waste provides organic food for the plants. In return, plants naturally clean the water that goes back to fish. The third participant is microbes which provides nutrition for the plants. The microbes convert ammonia from the fish waste into nitrites and then into nitrates which is the form of nitrogen that plants can uptake and use to grow. The result is a perfect collaboration between aquaculture and hydroponics.
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Aquaponics is a perfect hope for sustainable aquaculture, organic crop production, and water consumption. Basically, aquaponics and hydroponics uses the same systems, there aren’t many differences in how the system works, except for the added fish in the water tanks. Ph control is very important part of aquaponics. Flood and drain, drip irrigation, deep culture or water submerged roots, and nutrient film techniques are highly compatible and customizable to merge with growing fish. Few primary methods of aquaponics that are growing widely are Deep water culture, Media-based aquaponics, Nutrient Film Technique and Vertical Aquaponics. Aquaponics are becoming famous as an efficient way to produce food and eco-friendly.
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Rise in population, increasing demand for organic fruits and vegetables, rise in disposable income, improvement in urban farming methods and off-season availability of fruits & vegetables, growing of new diseases due to the unhygienic food, technological advancements and new innovations in the field of agriculture, low cost in terms of lesser preparation time, rise in urbanisation, lower transport & storage costs of food and higher margins of benefits are driving the Latin America aquaponics market growth from last few years. However, high cost equipment, limited number of skilled professionals and lack of awareness in rural areas are hampering the growth of the market.
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The Latin America Aquaponics market has been segmented based on equipment, production type, components, end-users and region. On the basis of equipment, the market is segmented into pumps and valves, water heaters, grow lights, fish purge systems, water quality testing, aeration systems and others. Depending on production type, the market is segmented into fish, vegetables & fruits, herbs and others. The component segment consists of rearing tanks, biofilter, settling basin, sump, hydroponics subsystem and others. On the basis of application, the market is segmented into commercial, education & research, household, community and others. Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. The huge rise in spending in the agriculture division has increased the demand for Aquaponics.
The key players dominating in the Aquaponics market are Nelson & Pade Inc., Urban Farms AG, ECF Farm systems GmbH, Backyard Aquaponics Pty Ltd, My Aquaponics, Colorado Aquaponics and Green Life Aquaponics.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
View Full Report @ http://www.marketdataforecast.com/market-reports/latin-america-aquaponics-system-market-4267/
Aquaponics is a perfect hope for sustainable aquaculture, organic crop production, and water consumption. Basically, aquaponics and hydroponics uses the same systems, there aren’t many differences in how the system works, except for the added fish in the water tanks. Ph control is very important part of aquaponics. Flood and drain, drip irrigation, deep culture or water submerged roots, and nutrient film techniques are highly compatible and customizable to merge with growing fish. Few primary methods of aquaponics that are growing widely are Deep water culture, Media-based aquaponics, Nutrient Film Technique and Vertical Aquaponics. Aquaponics are becoming famous as an efficient way to produce food and eco-friendly.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/latin-america-aquaponics-system-market-4267/request-sample
Rise in population, increasing demand for organic fruits and vegetables, rise in disposable income, improvement in urban farming methods and off-season availability of fruits & vegetables, growing of new diseases due to the unhygienic food, technological advancements and new innovations in the field of agriculture, low cost in terms of lesser preparation time, rise in urbanisation, lower transport & storage costs of food and higher margins of benefits are driving the Latin America aquaponics market growth from last few years. However, high cost equipment, limited number of skilled professionals and lack of awareness in rural areas are hampering the growth of the market.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/latin-america-aquaponics-system-market-4267/inquire
The Latin America Aquaponics market has been segmented based on equipment, production type, components, end-users and region. On the basis of equipment, the market is segmented into pumps and valves, water heaters, grow lights, fish purge systems, water quality testing, aeration systems and others. Depending on production type, the market is segmented into fish, vegetables & fruits, herbs and others. The component segment consists of rearing tanks, biofilter, settling basin, sump, hydroponics subsystem and others. On the basis of application, the market is segmented into commercial, education & research, household, community and others. Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. The huge rise in spending in the agriculture division has increased the demand for Aquaponics.
The key players dominating in the Aquaponics market are Nelson & Pade Inc., Urban Farms AG, ECF Farm systems GmbH, Backyard Aquaponics Pty Ltd, My Aquaponics, Colorado Aquaponics and Green Life Aquaponics.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results