MarkNtel Advisors – Leading Market Research Company found UAE Hydroponics Market is expected to reach 15.2% CAGR Growth By 2030.
This report provides a comprehensive analysis of the UAE Hydroponics Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the UAE Hydroponics Market
Base Year: 2023
Forecast Years: 2024-2030
Historical Years: 2019-2022
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- - https://www.marknteladvisors.com/query/request-sample/uae-hydroponics-market.html
Scope of the UAE Hydroponics Market Report:
The UAE Hydroponics Market is projected to grow at a CAGR of around 15.2% during the forecast period, i.e., 2024-30. Most of the market growth would be propelled by the ever-rising water challenges, food security issues, and increasing government focus on promoting sustainable agricultural techniques. The UAE receives a low annual rainfall & has limited water resources, owing to which, several water challenges are emerging. Since more than 90% of the country's groundwater is saline, it cannot be used directly for agricultural purposes. As a result, farmers are adopting a sustainable agriculture solution, hydroponics, thereby fueling market expansion.
Which prominent factor is expected to drive the UAE Hydroponics Market during 2024-30?
Increasing Agricultural Smart Farms in the UAE - Since the UAE does not have arable land & faces water scarcity challenges, conventional farming is not possible in the country. The government exports over 90% of its food products annually from countries like India, Australia, etc. With this reliance of the UAE on the neighboring countries, even the slightest fluctuation or disruption in logistics affects the prices of food products in the country. Hence, to minimize vulnerabilities like price hikes & market supply stocks, the government of the UAE is actively promoting the use of sustainable farming methods, i.e., resulting in the increasing number of large commercial farms, consequently augmenting the sales of hydroponic systems in the UAE.
Further, the government of the country is continuously seeking to integrate the most recent technology into the contemporary agricultural approach due to poor soil quality. Thus, there has been an incorporation of these systems in the farms located in the UAE to grow crops without the soil & large quantity of water. As a result, there has been an upsurge in sales during the historical period.
Moreover, according to the Head of UAE's Food and Water Security Office in 2022, the number of farms in the UAE has marginally expanded, with more than 35,000 farms in the country, out of which the majority of these farms use modern technologies like hydroponic farming & vertical farming. Further, growing investments by private entities like Zones Corp., Khalifa Fund for Enterprise Development, etc., in sustainable farming techniques also indicate a notable market growth in the UAE in the coming years.
What are the different Segment Available in the UAE Hydroponics Market?
By Type
- Nutrient Film Technology (NFT)
- Deep-Water Culture Systems
- EBB and Flow Systems
- Dutch bucket Systems
By Equipment
- HVAC
- LED Grow Light
- Control Systems
- Irrigation Systems
- Others (Air pimps, Hydroponic tubing, etc.)
By Farm Type
- Indoor
- Outdoor
By End Users
- Restaurants
- Commercial Farms
By Crop Type
- Fruits & Vegetable
- Flowers & Turfs
By Region
- Dubai
- Abu Dhabi & Al Ain
- Sharjah & Northern Emirates.
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Leading UAE Hydroponics companies operating in the Market
- H2O Hydroponics
- Artechno Growsystems
- Gulf Hydroponic Agriculture Services LLC
- Argus Control Systems Ltd
- VeggieTech
- Beyond Hydroponics
- GreenOponics Agricultural Services LLC
- Beyond Hydroponics Green Houses Trading LLC
- The Growin
- Others.
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