The UAE Hydroponics Market size is projected to grow at a CAGR of around 15.2% during the forecast period, i.e., 2024-30. According to MarkNtel Advisors Study.
UAE Hydroponics Market Driver:
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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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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UAE Hydroponics Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- 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
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – 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 looking forward to strengthening their market positions.
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