PROFITABILITY
Status of Commercial Aquaponics in US and Internationally
The first survey into the production and profitability of Commercial Aquaponics was made available online 28 September 2014, which disclosed valuable information into the status of the aquaponic industry year ending 2010. This report is particularly important especially for potential investors looking to understand what the future might hold within the Aquaponic Industry.
The survey "Commercial Aquaponics Production and Profitability: Findings from international survey" revealed exciting information for FST founders in the area of "Aquaponics design" for the method used to convert fish waste to plant fertilizer. Table 3, in the survey (Methods for hydroponic plant production), revealed that 80% of respondents used inefficient and expensive media beds as the hydroponic growing method which doubles as the system's bio-filter to convert the fish waste into plant fertilizer.
FST IS UNIQUE in that it has designed, built, and successfully tested its bio-filter system (BONANZA) that converts the ammonia fish wastewater to plant fertilizer in a single step without restriction of flow, and at the same time eliminate the expensive media beds altogether. FST's system uses the Deep Water Culture (floating raft) method which is the most efficient system for hydroponic growing. The reason why the floating raft method is superior is because plants receive nutrient continuously, and replacement of harvested plants is much easier.
Another important factor identified for Commercial Aquaponic Profitability was that most sales were direct to its customers. FST's facility can be designed to include restaurants and processing on-site that would fit into this marketing trend of direct sales.
The Survey also reported that the combined total size of all 188 commercial producers was 21.1 acres in total area, with a total system volume of 2.6 million gallons of water. Based on the median range of production values reported, it estimated respondents harvested 190,000 lbs. of fish in year ending 2010.
FST's minimum Commercial Aquafarm Unit size starts at 7 acres and is designed with 2 million gallons of water, to produce 1,000,000 lbs. of fish per year and 5,000,000 lbs. vegetables per year.
The survey "Commercial Aquaponics Production and Profitability: Findings from international survey" revealed exciting information for FST founders in the area of "Aquaponics design" for the method used to convert fish waste to plant fertilizer. Table 3, in the survey (Methods for hydroponic plant production), revealed that 80% of respondents used inefficient and expensive media beds as the hydroponic growing method which doubles as the system's bio-filter to convert the fish waste into plant fertilizer.
FST IS UNIQUE in that it has designed, built, and successfully tested its bio-filter system (BONANZA) that converts the ammonia fish wastewater to plant fertilizer in a single step without restriction of flow, and at the same time eliminate the expensive media beds altogether. FST's system uses the Deep Water Culture (floating raft) method which is the most efficient system for hydroponic growing. The reason why the floating raft method is superior is because plants receive nutrient continuously, and replacement of harvested plants is much easier.
Another important factor identified for Commercial Aquaponic Profitability was that most sales were direct to its customers. FST's facility can be designed to include restaurants and processing on-site that would fit into this marketing trend of direct sales.
The Survey also reported that the combined total size of all 188 commercial producers was 21.1 acres in total area, with a total system volume of 2.6 million gallons of water. Based on the median range of production values reported, it estimated respondents harvested 190,000 lbs. of fish in year ending 2010.
FST's minimum Commercial Aquafarm Unit size starts at 7 acres and is designed with 2 million gallons of water, to produce 1,000,000 lbs. of fish per year and 5,000,000 lbs. vegetables per year.
