Aquaponics & Hydroponics Systems Market to Soar to USD 5.9 Billion by 2032
In the wake of rising global food demands, dwindling arable land, and increasing environmental concerns, the Aquaponics & Hydroponics Systems Market is gaining remarkable momentum worldwide. The Aquaponics & Hydroponics Systems Market was valued at approximately USD 1.6 billion in 2023. It is projected to grow from around USD 1.85 billion in 2024 to about USD 5.9 billion by 2032, registering a robust CAGR of 15.56% during the forecast period Hydroponics — growing plants in nutrient-rich water instead of soil — has already been embraced widely in regions with limited arable land or harsh climates, like the Middle East, Europe, and parts of Asia. Similarly, aquaponics — which combines hydroponics with aquaculture (raising fish) — is emerging as an even more sustainable, closed-loop system, where fish waste supplies nutrients for plants, and plants purify the water for fish.
Governments, startups, and large agribusinesses alike are investing in these systems due to their ability to use up to 90% less water than conventional farming and produce higher yields year-round, regardless of weather conditions.from 2024 to 2032. These cutting-edge soilless farming technologies are transforming the way we grow food — offering sustainable, efficient, and scalable solutions to feed a growing population.
From innovative urban farms in skyscrapers to sustainable greenhouses in deserts, aquaponics and hydroponics are redefining modern agriculture. Here’s a closer look at how this market is growing, the trends fueling its demand, and the promising innovations shaping its future. The global aquaponics and hydroponics systems market has witnessed substantial growth over the last few years, fueled by the need for sustainable agricultural practices and fresh, pesticide-free produce.
