Aquaponics market is potential enough to touch $1billion mark by 2020 | Page 3
Aquaponics Market Forecast (2013
- 2018)
Inherently, aquaponics requires minimal labour, is sustainable, cost-effective and
organic. This is the main reason for the resurgence in aquaponics farming and the
launch of companies which are selling ready-made starter kits to thos which are
offering consultancy services, custom solutions, equipments and so on. Tilapia,
silver perch, barramundi, jade perch and murray cod are some of the fish which
are generally grown along with most green leaf vegetables, beans,peas, radishes,
onions, strawberries and herbs. Aquaponics as an industry has a potential
market size of around $180m in 2013 and this is expected to cross $1bn in sales
by 2020.
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