Bio Filter Market: Global Industry Analysis and Forecast (2022-2029)

Bio Filter Market size was valued at US$ 2.21 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 7.0% through 2022 to 2029, reaching nearly US$ 3.79 Bn.
Bio Filter Market Overview:
Bio Filter Market is expected to reach US$ 3.79 Bn. by 2029. A biofilter is a biological filter that feeds carbon dioxide-rich water to a pond. Water plants require a lot of carbon dioxide. As a result, the pond water remains clear and pure. Power Filter, Canister Filter, Box Filter, and Submerged Bed Filter are the product types of the Bio-filter. Ceramic Rings, Bio Balls, and Moving Bed Filter Media are the filter media of the bio filter market.To know about the Research Methodology :- Request Free Sample Report
Bio Filter Market Dynamics:
Driving Factor: Commercial fish production is increasing around the world

The biofilter market is benefiting from rising demand for fish as a result of rising fish consumption. The global consumption of fish exceeds the number of all terrestrial animals combined. This is encouraging fish producers to raise their output, which is expected to boost the biofilter market's growth. Because of the increased demand for residential aquariums, the ornamental fish industry is expected to grow at a high rate. Ornamental fish producers are boosting their output, which has a favorable impact on the biofilter market.

Technological Advancements to Boost the Bio Filter Market as a Whole

Aquariums are becoming increasingly popular in the commercial sector, such as in hotels and hospitals around the world, which is driving up demand for decorative fish. The majority of industrialized countries, particularly those in North America and Europe, are experiencing strong demand increases. Developing countries in the Asia Pacific, and Africa provide the majority of aquarium fish.

The biofilter market is expected to grow even faster as breeding methods and transportation facilities improve. During the forecast period, rising home demand for aquarium fish is expected to increase demand for bio filters.

Restraining Factor: Unpredictable weather patterns and a lack of product knowledge

The aquaculture production increase is expected to be hampered by rising water pollution, erratic climate trends, and the spread of illness among fish farms. During the forecast period, these challenges are expected to hamper the growth of the bio filter market. African and Asian countries are major fish exporters. The global bio filter market is expected to be impacted by a lack of suitable management skills and insufficient technological progress.

Opportunities: Initiatives by the government and technological advancements

Fish consumption is increasing, which is encouraging players in the fisheries and aquaculture industries. During the forecast period, an increase in the demand for aquarium fish is expected to boost the demand for bio filters. To meet rising market demand, manufacturers are focused on product innovation and technological advancements.

Several governments and non-governmental organizations are taking steps to boost producers. FAO, for example, is undertaking a five-year Western Africa project as part of a wider GEF-funded Coastal Fisheries Initiative coordinated by a global consortium of partners.
Bio Filter Market Segment Analysis:
Based on the Product, the market is segmented into Power Filter, Canister Filter, Box Filter, Submerged Bed Filter, and Others. The Power Filter segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029. Companies in the bio filter market are focusing heavily on modern power filters with a variety of capabilities to meet the needs of diverse clients. As a result, power filters have the largest income among all bio filter products, with a forecasted value of US$ 1.3 billion by 2029. As a result, in order to boost sales, stakeholders are distributing special offers and discounts to clients who buy two or more filters. By selling unique cartridges and filter materials, they are able to maintain a stable profit.

Based on the Filter Media, the market is segmented into Ceramic Rings, Bio Balls, Moving Bed Filter Media, and Others. The Ceramic Rings segment is expected to hold the largest market share of xx% by 2029. Ceramic rings are becoming more popular as a cost-effective and efficient bio medium. They're becoming more popular in aquariums since they provide effective biological filtration while keeping the tanks free of harmful chemicals. In the bio filter market, ceramic rings are expected to lead market growth in terms of value and volume, with an estimated total output of 460,500 units by 2029.

Based on the End-Use, the market is segmented into Aquarium and Land-Based Aquaculture. The land-Based aquaculture segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029. The rise in popularity of land-based aquaculture has driven the growth of the bio filter market. As a result, land-based aquaculture is expected to lead the bio filter market in terms of value and volume by the end of 2029, with an estimated output of 26,000 units. As a result, bio filter manufacturers are improving the efficacy of recirculating aquaculture systems (RAS) to satisfy the increasing demands of aquaculture clients. The supply of water and the build-up of harmful ammonia excreted by the fish, however, limit RAS.


Bio Filter Market Regional Insights:
North America region is expected to dominate the Bio Filter Market during the forecast period 2022-2029. North America region is expected to hold the largest market share of xx% by 2029. This is due to the region's early adoption and use of bio filters. The presence of key players in the market in the region also contributes to the bio filter market growth during the forecast period.

Asia Pacific region is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029. This is due to the increasing demand for bio filters such as Power Filter, Canister Filter, Box Filter, and Submerged Bed Filter in the Asia Pacific region. Bio filter manufacturers in the region are capitalizing on new prospects, such as the increased popularity of self-cleaning filtration aquariums in homes and offices. Cleaning tanks can be a tedious process for many customers, especially the millennial population with busy work schedules, therefore this trend of self-cleaning aquariums is gaining traction. Manufacturers in the Asia Pacific bio filter market are working on self-cleaning aquariums that use a combination of cleaning technologies, including biological filtration, mechanical filtration, and chemical processes. The attractiveness of these creative aquariums in the Asia Pacific is becoming a trend for gifting. As a result, there is an increasing market need for small, compact, and aesthetically pleasing aquariums in the Asia Pacific region.

The objective of the report is to present a comprehensive analysis of the Global Bio Filter Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Global Bio Filter Market dynamic, structure by analyzing the market segments and projecting the Global Bio Filter Market size. Clear representation of competitive analysis of key players by Product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Bio Filter Market make the report investor’s guide.
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Bio Filter Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 2.21 Bn.


Forecast Period 2022 to 2029 CAGR:
7.0%
Market Size in 2029:
US $ 3.79 Bn.


 Segments Covered:
by Product
• Power Filter
• Canister Filter
• Box Filter
• Submerged Bed Filter
• Others


by Filter Media
• Ceramic Rings
• Bio Balls
• Moving Bed Filter Media
• Others


by End-Use
• Aquarium
• Land-Based Aquaculture


by Distribution Channel
• Online
• Offline



Bio Filter Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Bio Filter Market Key Players
• Aqua Design Amano Co., Ltd
• Aquaneering, Inc.
• Azoo Corporation
• EHEIM GmbH & Co. KG
• Rolf C. Hagen, Inc.
• Marukan Co., LTD.
• Penn-Plax
• Qian Hu Corporation Limited
• Spectrum Brands, Inc.
• Tropical Marine Centre
• Waterlife Research Ind. Ltd.
• Zoo Med Laboratories, Inc.
• Dymax
• Aquael
• Gulfstream Tropical Aquarium Inc.
• Veolia Water Technologies
• Suez Water Technologies & Solutions
• Pentair Aquatic Eco-Systems, Inc.
• CMI Europe Environment
• Bohn Biofilter Corporation

Frequently Asked Questions:

1. Which region has the largest share in Global Bio Filter Market?
Ans: North America region held the highest share in 2021.

2. What is the growth rate of Global Bio Filter Market?
Ans: The Global Bio Filter Market is growing at a CAGR of 7.0% during forecasting period 2022-2029.

3. What is scope of the Global Bio Filter Market report?
Ans: Global Bio Filter Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Bio Filter Market?
Ans: The important key players in the Global Bio Filter Market are – Aqua Design Amano Co., Ltd, Aquaneering, Inc., Azoo Corporation, EHEIM GmbH & Co. KG, Rolf C. Hagen, Inc., Marukan Co., LTD., Penn-Plax, Qian Hu Corporation Limited, Spectrum Brands, Inc., Tropical Marine Centre, Waterlife Research Ind. Ltd., Zoo Med Laboratories, Inc., Dymax, Aquael, Gulfstream Tropical Aquarium Inc., Veolia Water Technologies, Suez Water Technologies & Solutions, Pentair Aquatic Eco-Systems, Inc., CMI Europe Environment, and Bohn Biofilter Corporation

5. What is the study period of this Market?
Ans: The Global Bio Filter Market is studied from 2021 to 2029.