Sandponics/IAVs Market to be Supported by Growing Demand for Sustainable Agriculture through 2028
Growing water scarcity across
the world is expected to drive the global sandponics/IAVs market during the
forecast period, 2024-2028.
According to TechSci Research
report, “Sandponics/IAVs Market - Global Industry Size, Share,
Trends, Opportunity, and Forecast, 2018-2028”, the global sandponics/IAVs
market is anticipated to grow at a significant rate in the forecast period,
2024-2028. This is attributed to the significant increase in research and
development activities, increasing food insecurity, and others. Also, the
growing demand for sustainable agriculture is a significant factor influencing
the sandponics/IAVs market. Sandponics/IAVs systems are a sustainable and
environmentally friendly method of agriculture that uses less water and fewer
resources than traditional farming methods. As consumers become more aware of
the environmental impact of food production, the demand for sustainable
agriculture is likely to increase, which could lead to a greater demand for
sandponics/IAVs system.
However, the high initial
capital investment along with the lack of specialized technical knowledge and
skills to set up and operate effectively, the market is expected to hamper the
growth of the global sandponics/IAVs market. Besides, the lack of awareness
among farmers about the various alternative techniques is expected to slow down
the growth of the global sandponics/IAVs market in the coming years.
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Global sandponics/IAVs market is
segmented into produce, application, region, and company.
Based on produce, the global
sandponics/IAVs market is segmented into fruits & vegetables and fishes.
The fruits & vegetables segment is expected to hold the largest market
share as there is an increase in demand for food diversity worldwide.
Based on application, the global
sandponics/IAVs market is divided into commercial, residential, and others. The
commercial segment is expected to witness the largest market share.
Major companies operating in
global sandponics/IAVs market are:
- Sandponics Jordan
- Sumitomo Electric Industries, Ltd.
- Kiwa
- Agritecture
- Sandponic Egypt
- MyAquaponics PTY Ltd
- AQ&SA ponics Es
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“Middle East and Africa region
dominates the market and is expected to maintain its dominance in the coming
years. This is attributed to the ability of sandponics systems to operate in
environments with limited access to water and arable land as well. These
qualities makes them an ideal solution for providing food security in areas
that are prone to droughts and other extreme weather conditions. Also, by
providing a reliable source of fresh produce, sandponics systems can help to reduce
food insecurity and promote sustainable agriculture in these regions. The need
for resilient food supply chains in the region are expected to propel the
global sandponics/IAVs market growth through 2028” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Sandponics/IAVs
Market -Global Industry Size, Share, Trends, Opportunity, and Forecast,
2018-2028, Segmented By Produce (Fruits
& Vegetables and Fishes), By Application (Commercial, Residential, and
Others), By Region and Competition”, has evaluated the future
growth potential of global sandponics/IAVs market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the global sandponics/IAVs market.
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