UAE Hydroponics Market, By Type (Aggregate Systems v/s Liquid Systems), By Equipment (HVAC, LED Grow Light, Control Systems, Irrigation Systems, Others), By Input (Nutrient v/s Growth Media), By Farming Method (Indoor v/s Outdoor), By Crop Type (Fruits & Vegetables, Flowers & Turfs, Others), By Region, Competition Forecast & Opportunities, 2027
The UAE hydroponics market is expected to witness growth at a signficant rate during the forecast period, 2023-2027. The market growth can be attributed to the rise in concerns regarding food security, technological advancements, and the flourishing agriculture industry. Besides, main factors driving the demand for hydroponics and other cutting-edge & artificial technologies in the agriculture industry are the degrading quality of soil. Hydroponic systems allow farmers to manage plant growth and nutrient supply, resulting in a sustainable, economic, nutritious, and inclusive food system that guarantees food security for the population of the country. The government of the United Arab Emirates is taking stringent measures and investing hefty sums to support hydroponic farming methods. The government is offering specific incentives to farmers that practice hydroponics farming. Favorable policies and regulations for the cultivation of crops using hydroponic systems and ongoing commercialization of crops to meet the growing food requirements are further contributing to the market growth.
The UAE hydroponics market is segmented on the basis of type, equipment, input, farming method, crop type, competitive landscape, and regional distribution. Based on type, the market is segmented into aggregate systems and liquid systems. Liquid systems are expected to hold the highest market share in the forecast period, 2023-2027, as they have a high nutrient retention capacity. They are also cost-effective and efficient in comparison to other traditional types of farming. Also, in comparison to aggregate systems, liquid systems support higher productivity, which is a major reason for their massive demand across the globe.
Key players operating in the UAE hydroponics market are Wafra Farms, Emirates Hydroponics Farms, Smart Acres, VeggiTech, Badia Farms, Majid Al Futtaim, GreenOponics Agricultural Services LLC, Beyond Hydroponics Green Houses Trading LLC.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023–2027
Objective of the Study:
- To analyze the historical growth in the market size of the UAE hydroponics from 2017 to 2021.
- To estimate and forecast the market size of UAE hydroponics market from 2023 to 2027 and growth rate until 2027.
- To classify and forecast the UAE hydroponics market based on type, equipment, input, farming method, crop type, region, and company.
- To identify the dominant region or segment in the UAE hydroponics market.
- To identify drivers and challenges for the UAE hydroponics market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the UAE hydroponics market.
- To identify and analyze the profiles of leading players operating in the UAE hydroponics market.
- To identify key sustainable strategies adopted by market players in UAE hydroponics market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of companies across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies who could not be identified due to the limitations of secondary research. TechSci Research analyzed the presence of all major players across the country.
TechSci Research calculated the market size of the UAE hydroponics market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:In this report, UAE hydroponics market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- UAE Hydroponics Market, By Type:
- Aggregate Systems
- Liquid Systems
- UAE Hydroponics Market, By Equipment:
- HVAC
- LED Grow Light
- Control Systems
- Irrigation Systems
- Others
- UAE Hydroponics Market, By Input:
- Nutrient
- Growth Media
- UAE Hydroponics Market, By Farming Method:
- Indoor
- Outdoor
- UAE Hydroponics Market, By Crop Type:
- Fruits & Vegetables
- Flowers & Turfs
- Others
- UAE Hydroponics Market, By Region:
- Dubai Region
- Sharjah Region
- Abu Dhabi Region
- Rest of UAE
Competitive LandscapeCompany Profiles: Detailed analysis of the major companies present in UAE hydroponics market.
Company Information- Detailed analysis and profiling of additional market players (up to five).
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