What is Aquaponics and How Does it Work?
Aquaponics is a combination of hydroponic and aquaculture systems, which grows plants and fish together in one unified system. The cycle of aquaponics includes the waste produce by fishes which is being used as organic food for plants and then these plants will naturally filter the water, which will be used for the fishes again. The rise in the demand of organic fruits and vegetables, and these systems permit agriculture to take substantial steps toward environmental sustainability are the drivers of aquaponics market.
The factor that can act as a restraint in the growth of the market is the high cost of initial setup of aquaponics system and the high investment for technological system installation especially in emerging economies may hamper the aquaponics market. However, the increasing demand of enhancement in urban farming methods and off-season availability of fruits & vegetables will create new opportunities in the market of aquaponics in the forecast period.