Increasing Demand for Food Worldwide Is Expected To Propel Growth of Aquaponics Market
Aquaponics refers to an agricultural system, which pairs hydroponics with aquaculture (farming raising aquatic animals like fish, crustaceans, snails or red shrimp in tanks) through an aquaculture system. This setup combines the best aspects of both aquaculture and hydroponics. In hydroponics, plants are grown in nutrient-rich media and hydroponics equipment is used to provide the nutrients needed by the plants. The two systems complement each other and work hand in hand to ensure an efficient and effective food production. Thus, increasing demand for food is expected to propel growth of the aquaponics market. Aquaponics is not a new idea; however, with the widespread popularity of aquaculture worldwide, it has gained ground and become more popular as of late, thereby aiding in growth of the aquaponics market . Aquaponics is basically a two-stage system. One being a growing medium (gravel, peat, etc.) that is planted within a permeable tube, containing fish or aquatic plants. T...