Latin America Aquaponics Market Size & Outlook, 2023-2030
Latin America aquaponics market, 2017-2030 (US$M)
Related Markets
Latin America aquaponics market highlights
- The Latin America aquaponics market generated a revenue of USD 92.4 million in 2023.
- The market is expected to grow at a CAGR of 11.7% from 2024 to 2030.
- In terms of segment, equipment was the largest revenue generating type in 2023.
- Equipment is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 92.4 million |
| Market revenue in 2030 | USD 200.2 million |
| Growth rate | 11.7% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Equipment |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Component |
| Key market players worldwide | Pentair PLC, Hydrofarm Holdings Group Inc Ordinary Shares, Nelson and Pade, The Aquaponic Source, Bella Vita Farm, Greenlife Aquaponics, Aquaponics, Aquaponic Management Project, Aponic |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.5% of the global aquaponics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 714.4 million by 2030.
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Aquaponics Market Scope
Aquaponics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America aquaponics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aquaponics market will help companies and investors design strategic landscapes.
Equipment was the largest segment with a revenue share of 52.92% in 2023. Horizon Databook has segmented the Latin America aquaponics market based on equipment, component covering the revenue growth of each sub-segment from 2017 to 2030.
- Latin America Aquaponics Type Outlook (Revenue, USD Million, 2017-2030)
- Equipment
- Pumps & Valves
- Grow Light
- Aeration Systems
- Water Heaters
- Others
- Component
- Rearing Tank
- Settling Basin
- Bio-Filters
- Sump Tank
- Others
- Equipment
- Latin America Aquaponics Facility Type Outlook (Revenue, USD Million, 2017-2030)
- Greenhouse
- Building Based Indoor Farms
- Others
- Latin America Aquaponics Growing Mechanism Outlook (Revenue, USD Million, 2017-2030)
- Media Filled Grow Beds
- Nutrient Film Technique (NFT)
- Deep Water Culture (DWC)
- Vertical Aquaponics
- Latin America Aquaponics Produce Outlook (Revenue, USD Million, 2017-2030)
- Fish
- Fruits & Vegetables
- Others
- Latin America Aquaponics Application Outlook (Revenue, USD Million, 2017-2030)
- Commercial
- Home Production
- Research & Education
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Target buyers of Latin America aquaponics market databook
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Our clientele includes a mix of aquaponics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America aquaponics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America aquaponics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America aquaponics market size, by country, 2017-2030 (US$M)
Latin America Aquaponics Market Outlook Share, 2023 & 2030 (US$M)
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