South Korea Aquaponics Market Size, Share, and COVID-19 Impact Analysis, By Equipment (Pumps & Valves and Grow Light), By Component (Rearing Tank and Bio-Filters), By Facility Type (Greenhouse and Building Based Indoor Farms), By Produce (Fish, Fruits & Vegetables), and South Korea Aquaponics Market Insights, Industry Trend, Forecasts to 2035

South Korea Aquaponics Market Insights Forecasts to 2035

• The South Korea Aquaponics Market Size Was Estimated at USD 38.89 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 14.72% from 2025 to 2035
• The South Korea Aquaponics Market Size is Expected to Reach USD 175.2 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, The South Korea Aquaponics Market Size is anticipated to reach USD 175.2 Million by 2035, Growing at a CAGR of 14.72% from 2025 to 2035. Inorganic insecticides and fertilizers are not used in the aquaponics system. The market is likely to rise as a result of the strong demand for organic fruits and vegetables and the anticipated increase in popularity of the organic movement.

Market Overview

The expanding commercial industry centered on the combined systems of hydroponics (soilless plant production) and aquaculture (fish rearing) is known as the aquaponics market. A symbiotic, recirculating ecology is created when fish excrement feeds plants, which in turn filter the water for the fish. This is a sustainable way to produce food. The market includes the manufacturing, selling, and distribution of aquaponic systems, parts, and the fish and veggies that are produced. By doing away with the need for artificial fertilizers, aquaponics systems lower the possibility of nutrient runoff and soil erosion. Crops can be grown under regulated conditions using aquaponics, resulting in reliable output all year round. By giving plants natural nutrients, fish waste reduces the need for pesticides and encourages the creation of organic food. A prospective avenue for market expansion is the development of combined aquaponics-fisheries systems, which provide a more thorough method of producing sustainable food. By giving farmers access to contemporary farming technologies and generating job possibilities, government assistance is helping to empower farmers economically. To build aquaponics systems that are both economical and energy-efficient for a range of operating scales, local producers are actively involved in research and development.

Report Coverage

This research report categorizes the market for South Korea aquaponics market based on various segments and regions forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea aquaponics market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea aquaponics market.

Driving Factors

The increasing demand for sustainable and eco-friendly farming methods that conserve water and reduce environmental impact. Growing consumer preference for organic and locally sourced food fuels market adoption. Technological advancements in automated systems and improved infrastructure enhance efficiency and productivity.

Restraining Factors

The high initial setup and operational costs, which can deter small-scale farmers. Technical complexity and the need for skilled labor limit widespread adoption. Additionally, system maintenance and water quality management require constant monitoring, increasing operational risks. Limited awareness and lack of standardized regulations further hinder growth.

Market Segmentation

The South Korea aquaponics market share is classified into equipment, component, facility type, and produce.

• The pumps & valves segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea aquaponics market is segmented by equipment into pumps & valves and grow light. Among these, the pumps & valves segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. Their essential role in maintaining water circulation and system stability. Increasing adoption of efficient, automated pumping solutions and rising demand for sustainable agriculture boost.

• The rearing tank segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea aquaponics market is segmented by component into rearing tank and bio-filters. Among these, the rearing tank segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. It is crucial for fish cultivation, directly impacting system productivity. Rising demand for sustainable fish farming, improved tank designs, and increased investments in aquaponics technology.

• The greenhouse segment dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea aquaponics market is segmented by facility type into greenhouse, building based indoor farms. Among thsese, the greenhouse segment dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period. Its cost-effectiveness, natural light utilization, and controlled environment benefits. Increasing focus on sustainable farming and year-round crop production drives demand. Greenhouses offer scalability and energy efficiency.

• The fish segment held a majority share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea aquaponics market is segmented by produce into fish, fruits & vegetables. Among these, the fish segment held a majority share in 2024 and is expected to grow at a significant CAGR during the forecast period. High demand for sustainable seafood and protein sources. Fish farming is integral to aquaponics systems, driving market growth with rising consumer preference for fresh, locally produced fish and environmental concerns supporting eco-friendly practices.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea aquaponics market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• CHAESOFARM CORP
• Manna CEA Co., Ltd.
• BluGen
• Green Climate Fund
• Dongwon Industries
• Pulmuone Co., Ltd.
• SK ecoplant Co., Ltd.
• Hanwha Solutions Corporation
• Dohwa Engineering Co., Ltd.
• National Agricultural Cooperative Federation (NACF/Nonghyup)
• Korea Hydro & Nuclear Power Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea aquaponics market based on the below-mentioned segments:

South Korea Aquaponics Market, By Equipment

• Pumps & Valves
• Grow Light

South Korea Aquaponics Market, By Component

• Rearing Tank
• Bio-Filters

South Korea Aquaponics Market, By Facility Type

• Greenhouse
• Building Based Indoor Farms

South Korea Aquaponics Market, By Produce

• Fish
• Fruits & Vegetables