Dublin, Sept. 01, 2022 (GLOBE NEWSWIRE) -- The "UAE Hydroponics Market, By Type (Aggregate Systems v/s Liquid Systems), By Equipment, By Input (Nutrient v/s Growth Media), By Farming Method, By Crop Type, By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
The UAE hydroponics market is expected to witness growth at a significant 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.
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.
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.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in UAE hydroponics market.
- Wafra Farms
- Emirates Hydroponics Farms
- Smart Acres
- VeggiTech
- Badia Farms
- Majid Al Futtaim
- GreenOponics Agricultural Services LLC
- Beyond Hydroponics Green Houses Trading LLC
Market Overview:
- Impact of COVID-19 on UAE Hydroponics Market
- Voice of Customer
- Market Trends & Developments
- Policy & Regulatory Landscape
- UAE Economic Profile
- Competitive Landscape
- Strategic Recommendations
Report Scope
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
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
For more information about this report visit https://www.researchandmarkets.com/r/stq9ws
