UAE Hydroponics Market Scope, Size, Share, Growth Opportunities and Future Strategies 2030: MarkNtel Advisors

Market Insights

As per recent research by MarkNtel Advisors, The UAE Hydroponics Market is projected to grow at a CAGR of around 15.2% during the forecast period, i.e., 2024-30.

UAE Hydroponics Market 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.

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Market Segmentation and Consumer Behavior:

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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UAE Hydroponics Market Geographical Analysis:

By Region:

Dubai
Abu Dhabi & Al Ain
Sharjah & Northern Emirates

Key Players and Competitive Strategies in the UAE Hydroponics Market

Several prominent players dominate the UAE Hydroponics Market, 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

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Questions Addressed in this Study

1.What factors are driving the UAE Hydroponics Market growth?

2.How is the UAE Hydroponics Market expected to grow over the next five years?

3.What are the key insights into the current trends in the UAE Hydroponics Market?

4.What is the current size of the UAE Hydroponics Market, and how is it projected to change in the future?

5.What is the future outlook for the UAE Hydroponics Market in terms of technological advancements and market expansion?

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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.