South Africa Aquaponics Market Size & Outlook, 2023-2030
South Africa aquaponics market, 2017-2030 (US$M)
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South Africa aquaponics market highlights
- The South Africa aquaponics market generated a revenue of USD 9.4 million in 2023 and is expected to reach USD 17.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9.5% 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.
Aquaponics market data book summary
| Market revenue in 2023 | USD 9.4 million |
| Market revenue in 2030 | USD 17.8 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Equipment |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Africa accounted for 1.0% of the global aquaponics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia aquaponics market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 20.5 million by 2030.
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Aquaponics Market Scope
Aquaponics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 55.32% in 2023. Horizon Databook has segmented the South Africa aquaponics market based on equipment, component covering the revenue growth of each sub-segment from 2017 to 2030.
- South Africa 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
- South Africa Aquaponics Facility Type Outlook (Revenue, USD Million, 2017-2030)
- Greenhouse
- Building Based Indoor Farms
- Others
- South Africa Aquaponics Growing Mechanism Outlook (Revenue, USD Million, 2017-2030)
- Media Filled Grow Beds
- Nutrient Film Technique (NFT)
- Deep Water Culture (DWC)
- Vertical Aquaponics
- South Africa Aquaponics Produce Outlook (Revenue, USD Million, 2017-2030)
- Fish
- Fruits & Vegetables
- Others
- South Africa Aquaponics Application Outlook (Revenue, USD Million, 2017-2030)
- Commercial
- Home Production
- Research & Education
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Target buyers of South Africa 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 country-level data and insights on the South Africa aquaponics market , including forecasts for subscribers. This country databook contains high-level insights into South Africa aquaponics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa aquaponics market size, by type, 2017-2030 (US$M)
South Africa Aquaponics Market Outlook Share, 2023 & 2030 (US$M)
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