MarkNtel Advisors recently published a detailed industry analysis of the UAE Hydroponics Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
UAE Hydroponics Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The UAE Hydroponics Market is projected to grow at a CAGR of around 15.2% during the forecast period, i.e., 2024-30.
Key Findings in UAE Hydroponics Market:
- Historical Analysis: 2019–2022
- Base Year: 2023
- Forecast Period: 2024–2030
Leading Market Players- 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
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the UAE Hydroponics Market industry?
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.
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What segments define the UAE Hydroponics Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
By Type
- Nutrient Film Technology (NFT)
- Deep-Water Culture Systems
- EBB and Flow Systems
- Dutch bucket Systems
According to report, Among them, Nutrient Film Technology (NFT) is more widely adopted as plants grown through this technique can be harvested quickly.
By Equipment
- HVAC
- LED Grow Light
- Control Systems
- Irrigation Systems
- Others (Air pimps, Hydroponic tubing, etc.)
According to report, Of them all, HVAC is expected to acquire a significant share of the UAE Hydroponics Market during 2024-30, owing to the increasing demand for a controlled environment for farming.
By Farm Type
- Indoor
- Outdoor
By End Users
- Restaurants
- Commercial Farms
By Crop Type
- Fruits & Vegetable
- Flowers & Turfs
Explore the Complete UAE Hydroponics Market Analysis Report –
https://www.marknteladvisors.com/research-library/uae-hydroponics-market.html
Geographical Analysis: UAE Hydroponics Market
By Region
- Dubai
- Abu Dhabi & Al Ain
- Sharjah & Northern Emirates
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the UAE Hydroponics Market?
- How is the UAE Hydroponics Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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