Home Blog Business Middle East Vertical Farming Market to Grow at CAGR of 18.76% through 2027 | Industry Dynamics and Competitor Breakdown
Middle East Vertical Farming Market to Grow at CAGR of 18.76% through 2027 | Industry Dynamics and Competitor Breakdown

Middle East Vertical Farming Market to Grow at CAGR of 18.76% through 2027 | Industry Dynamics and Competitor Breakdown

Report Overview:

The following report titled “Middle East Vertical Farming MarketBy Growth Mechanism (Hydroponics, Aeroponics, Aquaponics), By Structure (Shipping Containers, Building Based, Deep Farms), By Farm Location (Indoor, Outdoor) and other forecast 2022-2027” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.

Middle East Vertical Farming Market Summary

The Middle East Vertical Farming Market is projected to grow at a CAGR of around 18.76% during the forecast period, i.e., 2022-27. Due to the extreme climatic conditions, water & energy are the premium resources in the Middle East region. According to the Alpen Capital’s 2019 GCC Food Report, nearly 85% of food consumed in GCC countries is imported due to water scarcity, extreme climatic conditions, and limited arable land.

Report Coverage & Details

  • Forecast Period: 2022-2027
  • Base Year: 2021
  • CAGR: 18.76%

“Notice: Our reports are under revision. Click “Download Sample Report’ for the latest data on 2024-2030 forecasts and industry insights. Our team ensures prompt delivery of the updated version.”

Download Free PDF Brochure: –  https://www.marknteladvisors.com/query/request-sample/middle-east-vertical-farming-market.html

Middle East Vertical Farming Market Driver:

Increasing Need to Minimize Import Dependency & Bring Food Security – Since many countries in the region are highly dependent on imports for food, the need to minimize this dependency is elevating rapidly. Especially amidst the Covid-19 pandemic, when the governments imposed movement restrictions and trade bands, food security was challenged due to hindrances in imports. This aspect played a prominent role in bringing a reality check to the countries and instigating them to attain food security using advanced technologies and farming methods like vertical farming, leaving no challenge (like water scarcity & unavailability of arable land) unaddressed. It, in turn, demonstrated a rise in the practice of vertical farming and its positive influence on market growth.

Segmentation Analysis: Middle East Vertical Farming Market

By Growth Mechanism

  • Hydroponics
  • Aeroponics
  • Aquaponics

By Structure

  • Shipping Containers
  • Building Based
  • Deep Farms

By Farm Location

  • Indoor
  • Outdoor

By Crop Type

  • Tomato
  • Lettuce
  • Bell & Chili Peppers
  • Strawberry
  • Cucumber
  • Leafy Greens
  • Others

By Component

  • Hardware
    • Lighting
      • Grow Light
      • Grow Ballast
      • Grow Reflectors
    • Hydroponic Component
      • Pump & Irrigation
      • Water Filtration
      • Meters & Solutions
      • Others
    • Climate Control
      • Ventilation Fans
      • Air Purification/Control
    • Sensors
      • Co2 Sensors
      • Temperature Sensors
      • Nutrient Sensors
      • Crop Sensors
      • PH Sensors
      • Others
    • Building Material
      • Glass green house
      • Plastic green house
    • Software (Tracing and Tracking, Post-Harvest Audit, Analytics etc.)
    • Services

By Country

  • UAE
  • Saudi Arabia
  • Israel
  • Egypt
  • Rest of Middle East

Access Full Report [Include Description + TOC] – https://www.marknteladvisors.com/research-library/middle-east-vertical-farming-market.html

Leading Players Analysis: Middle East Vertical Farming Market

The report provides detailed analysis of key players in the Middle East Vertical Farming market, highlighting their strategies and competitive scenario.

  • AeroFarms
  • Freight Farms
  • Plenty
  • CropOne
  • Badia farms
  • Intelligent Growth Solution
  • Osram GMBH
  • Koninklijke Philips N.V
  • Urban Fresh Farms
  • Others

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

For Customized Report Inquiry: – https://www.marknteladvisors.com/query/request-customization/middle-east-vertical-farming-market.html

Key Benefits for Stakeholders:

  1. Informed Decision-Making: Access to comprehensive and insightful market research reports enables stakeholders to make well-informed decisions, leading to more strategic and successful initiatives.
  2. Strategic Planning: The strategic reports provided by MarkNtel Advisors empower stakeholders to formulate robust strategies for market entry, product development, and competitive positioning.
  3. Market Sizing & Forecasting: Stakeholders can benefit from accurate market sizing and forecasting data to make informed investment and resource allocation decisions, minimizing risks and maximizing returns.
  4. Competitive Benchmarking: The availability of competitive benchmarking data allows stakeholders to assess their performance against industry peers, identify areas for improvement, and capitalize on strengths.
  5. Identifying Investment Opportunities: Through trend analysis and industry insights, stakeholders can identify attractive investment opportunities and stay ahead in the market for better ROI.

About us

We are a well-known consulting, data analytics, and market research firm catering to a diverse clientele globally. With a strong presence in over 80 countries across regions like America, Asia-Pacific, Europe, the Middle East, and Africa, we specialize in providing strategic reports to multinational corporations, financial institutions, governments, and individuals. Our commitment to qualitative and quantitative research ensures comprehensive and insightful data delivery, establishing us as a trusted partner for informed decision-making.

Contact Information:

Add comment

− 2 = 1

Sign up to receive the latest updates and news

© 2022 Studentconnects | Created by Crazinerd.com | All rights reserved.