Aquaponics and Hydroponic Systems and Equipment Market Growth, Revenue Share Analysis, Company Profiles, and Forecast
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The latest and updated research report on the Global Aquaponics and Hydroponic Systems and Equipment Market covers a comprehensive overview of the Aquaponics and Hydroponic Systems and Equipment market, future economic condition, competitive landscape mapping, supply and demand trends, and production and consumption analysis. Food insecurity and rising global hunger index have impelled governments and companies to explore sustainable methods of alternative farming. Aquaponics and hydroponic systems of farming are cost-effective and have significantly higher yields than conventional farming, and this is a major factor driving growth of the global aquaponic and hydroponic systems and equipment market revenue. The global aquaponics and hydroponic systems and equipment market size reached USD 6.63 billion in 2020 and is expected to register a revenue CAGR of 15.3% during the forecast period, according to latest analysis by Emergen Research. Increasing population over the years has