Introducing the UAE Hydroponics Market: An Insightful Research Report
A recently published research report by MarkNtel Advisors reveals compelling findings on the growth potential of the UAE Hydroponics Market Size, Share, Growth, Demand, And Future FY2028. The report projects a robust expansion of approximately 15.2% CAGR during the period of 2023-28. Employing comprehensive analytical techniques, the researchers have meticulously examined market dynamics, presenting an array of statistical data spanning historic years 2018-21 and the base year 2022. The findings are thoughtfully illustrated through graphs, diagrams, tables, and pie charts, offering stakeholders a clear understanding of the industry's trajectory and empowering them to make well-informed decisions.
In addition to providing an overarching industry overview, the report also encompasses business-oriented tactics, strategies, and revenue generation plans set forth by prominent players within the projected timeline. Furthermore, it conducts an assessment of the leading companies that hold the highest stakes in the market.
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Key Aspects Covered in the UAE Hydroponics Market Report -
The report highlights significant developments, trends, the introduction of new services, expansions in product portfolios, revenue generation, stakeholder investments, growth strategies, and the influence of governments. These parameters collectively aim to enlighten stakeholders and enable them to make informed decisions.
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.
Possible Restraint: Unavailability of the Raw Materials to Restrain the Manufacturing of Hydroponic System
Raw materials required for manufacturing hydroponic systems, such as sensors, control systems, etc., are unavailable in the UAE as these are significantly small electrical industries. Hence, manufacturers solely depend on other countries like China, India, etc., for these components, which inflates the overall cost of hydroponic systems. In addition to this, these systems generally comprise components like HVAC, irrigation, control systems, etc., which is why the overall operational costs are also significantly higher than conventional approaches.
Further, massive investments are required for the construction of green buildings or farms equipped with these systems, with which comes bigger risks that farmers avoid taking. Hence, these aspects are likely to hamper the expansion of the market through 2028.
Segmentation Analysis of UAE Hydroponics Market –
The report features a comprehensive analysis of all segments profiled in the UAE Hydroponics Market research report, highlighting their expansion across different geographic regions. It provides in-depth insights into the overall size and volume of products/services, along with an examination of their demand and industry fluctuations. Furthermore, the report familiarizes stakeholders with demand, production, and distribution mapping, providing valuable insights into potential growth opportunities in the coming years.
The segmentation analysis is as follows -
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
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Top Companies in UAE Hydroponics Market
- 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
Geographical Coverage –
The UAE Hydroponics Market spans across the following regions/countries:
- Dubai
- Abu Dhabi Al Ain
- Sharjah Northern Emirates
Reasons to Buy the UAE Hydroponics Market Report :
- The UAE Hydroponics Market research report offers unbiased and accurate insights into the ever-evolving industry landscape. It equips stakeholders with the necessary understanding of key trends shaping the market, enabling them to develop effective business strategies. This study serves as a valuable tool for gauging the market's growth potential and understanding the competitive landscape, aiding strategic investments.
- In conclusion, the research report by MarkNtel Advisors presents a compelling and insightful analysis of the UAE Hydroponics Market. With its meticulous research methodology, comprehensive data representation, and in-depth examination of key market dynamics, the report serves as a valuable resource for industry stakeholders.
- By providing a detailed overview of the market's historical performance and projecting its future growth, the report equips stakeholders with a solid foundation for decision-making. The comprehensive analysis of revenue generation across different geographical segments offers a nuanced understanding of market trends and consumer behaviours, enabling businesses to align their strategies accordingly.
- The research report's credibility stems from the unbiased and accurate data gathered using robust analytical tools such as SWOT and PESTLE analysis. These methodologies ensure that the information presented is objective and reliable, and enable stakeholders to make well-informed decisions.
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Explore the Report's Framework: Get Oriented with the Table of Contents for a Clear Understanding
- - Market Segmentation
- - Introduction
- - Executive Summary
- - Market Porters Five Forces Analysis
- - Market Technological Changes
- - Market Trends Insights
- - Market Dynamics
In summary, the research report by MarkNtel Advisors offers an in-depth and comprehensive analysis of the UAE Hydroponics Market. By providing valuable insights into market dynamics, trends, and competitive landscape, the report empowers stakeholders to make informed decisions, seize opportunities, and stay ahead in this dynamic industry.
About 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 emerging geographies allows our clients to formulate their strategies in a much more 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. Using such information, our clients can identify attractive investment opportunities strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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