UAE Hydroponics Market Research Report Scope (FY23-28)
The Market Analysis for UAE Hydroponics Market conducted by MarkNtel Advisors delves into the factors that will influence the market’s performance in the anticipated period, 2023-28. This analysis provides an extensive evaluation of the value chain, supply chain, and business operations within various regional markets. Furthermore, it furnishes a roster of well-established companies operating in the market, complete with detailed descriptions of their product offerings, all of which contribute to enhancing the trustworthiness of the research study.
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This report delves into the current market trends influencing its growth. It provides insights into essential factors such as market drivers, challenges, and opportunities for key industry players, stakeholders, and emerging competitors.
Key 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.
The report profiles leading companies, including H2O Hydroponics, Artechno Growsystems, Gulf Hydroponic Agriculture Services LLC, Argus Control Systems Ltd, VeggieTech, Beyond Hydroponics, GreenOponics Agricultural Services LLC, Others, as researched by MarkNtel Advisors.
To gain a more profound insight, experts have undertaken a thorough analysis of each category within these segments. This meticulous scrutiny assists industry participants and stakeholders in grasping the market categories that are undergoing rapid expansion and yielding the most substantial revenues. The precision of revenue estimations and calculations is guaranteed through a segment-specific approach to analysis and expansion.
The report thoroughly scrutinizes major market segments, along with their respective sub-segments.
-Nutrient Film Technology (NFT)
-Deep-Water Culture Systems
-EBB and Flow Systems
-Dutch bucket Systems
-LED Grow Light
-Others (Air pimps, Hydroponic tubing, etc.)
By Farm Type
By End Users
By Crop Type
-Fruits & Vegetable
-Flowers & Turfs
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Industry experts have extensively assessed the profitability and growth potential within these segments. Furthermore, the report examines key geographical regions, including –
-Abu Dhabi & Al Ain
-Sharjah & Northern Emirates
The research component also offers sales and revenue forecasts for the period 2023-28, considering factors like sales, pricing, and revenue.
Key questions Answered in this Recent Research Report, 2028
- What is the anticipated demand for various product categories, and what are the potential market and industrial applications for these products?
- How are the forecasts for the UAE Hydroponics Market determined, taking into account factors like production, capacity, production value, expected expenses, profitability, market share, supply, consumption, import/export patterns, and other dynamics?
- Who are the dominant players in the UAE Hydroponics Market, and which companies currently hold the top positions in the industry?
- What are the notable market trends that can be harnessed to create new sources of revenue?
- What strategies are advisable for entering the market, minimizing economic impact, and selecting effective marketing channels within the UAE Hydroponics Market?
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MarkNtel Advisors is wholeheartedly dedicated to delivering premium market research, and this report serves as a testament to our commitment to furnishing clients with extensive and valuable insights. In response to the publication of this report, our analysts emphasized, “The UAE Hydroponics market is in the midst of swift changes, and staying ahead of the curve is vital for both businesses and investors. Our report provides a detailed examination of market players, prospects, and insights, equipping our clients with the essential information needed to make well-informed decisions in this continuously evolving environment.”
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