MarkNtel Advisors analyses the growth rate of the UAE Hydroponics market in the forecast period from 2024 to 2030. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the UAE Hydroponics market, helping them make informed decisions.
Market Outlook – 2024-2030:
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.
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Key Company Profiles
This report explores recent significant developments in the UAE Hydroponics Market, focusing on the leading companies and their innovative profiles. The major players in the UAE Hydroponics Market, featured in this report, include:
- 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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Market Segmentation & Coverage
This research report by MarkNtel Advisors categorizes the UAE Hydroponics Market to forecast revenues and analyse trends across each of the following sub-markets:
- 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.)
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
- By Region
- Dubai
- Abu Dhabi & Al Ain
- Sharjah & Northern Emirates
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What are the primary factors driving the growth of the UAE Hydroponics Market?
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.
Key Questions Addressed:
- Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
- Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
- Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
- Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
- Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors’ market entry or exit decisions?
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