Increasing investment in agriculture technologies is driving the growth of the UAE Hydroponics Market, in the forecast period, 2023-2027F. According to TechSci report, “UAE Hydroponics Market – By Region, Competition Forecast & Opportunities, 2027”, the UAE hydroponics market has shown promising growth in historical years until 2021 and is expected to continue its growth in forecast years 2023 to 2027. The UAE hydroponics market owes its growth to the factors like the increasing population of the country.
The Important Factors of the UAE Hydroponics Market
The surge in the population creates a requirement for food security. Increasing demand for a sustainable, affordable, healthy, and inclusive food system in a country where traditional farming practices are not feasible, drives the growth of the UAE hydroponics market in the upcoming five years. Consistent research and advancing technology to promote artificial agricultural practices further support the growth of the UAE hydroponics market in the next five years.
The increasing migration rate in the country is also increasing the population and thus the demand for higher-yielding crops in the future and aiding the growth of the UAE hydroponics market in the future five years. Increasing practices of greenhouse agriculture are also substantiating the growth of the UAE hydroponics market in the forecast years, until 2027F. Government support through favorable agricultural laws and schemes to promote hydroponics agriculture practices are also supporting the growth of the UAE hydroponics market in the forecast period. Private investments in the research and development sector are also expected to aid the growth of the UAE hydroponics market in the upcoming five years.
However, increasing import of food crops and commercial crops may hinder the futuristic growth of the market but financial investments may overcome the drawback and drive the growth of the UAE hydroponics market in the next five years.
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The UAE hydroponics market segmentation is based on type, equipment, input, farming method, crop type, competitional landscape, and regional distribution. Based on type, the market is segmented into aggregate systems and liquid systems. Liquid systems are anticipated to dominate the market meanwhile holding the largest revenue shares of the market in the upcoming five years on the account of their advantages toward nutrient retention. A nutrient-water solution is provided for plant sustenance. The nutrient provided in the aggregate system of traditional farming method tends to run off if excess water is provided. Moreover, the soil in UAE cannot retain nutrients,s and thus demands liquid-based hydroponic systems are increasing and driving the growth of the UAE hydroponic market in the next five years. Aggregate systems are somewhat like traditional farming methods. A solid, inert medium is provided to support the plants & crops. Also, known as aeroponic systems they are two types of open or closed aeroponic systems. Open aggregate systems cannot reuse the nutrient solutions and thus wastage of nutrients is prominent in the system although the aggregate systems may significantly grow with adapted technological advancements.
Based on equipment, the market is further bifurcated into HVAC, LED grows lights, control systems, irrigation systems, and others. The heating, ventilation, and air conditioning (HVAC) system is a complex set of equipment utilized for the maintenance of environmental conditions for hydroponic systems. The increasing demand for growing crops in a controlled environment to increase the yield of the crops is anticipated to drive the demand for HVAC systems, and thus support the growth of the UAE hydroponics market in the upcoming five years. LED grow lights are another important technologically advanced equipment that uses less energy & low heating but provides the optimum light for the growth of the plants. LED grow lights are often colored to enhance the performance of the lights in the growth of the hydroponic plants, and also support the growth of the UAE hydroponic market by increasing the yields in the next five years.
A partial list of major market players in the UAE hydroponics market includes :
- Wafra Farms
- Emirates Hydroponics Farms
- Smart Acres
- VeggiTech
- Badia Farms
- Majid Al Futtaim
- GreenOponics Agricultural Services LLC
- Beyond Hydroponics Green Houses Trading LLC
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“Advancing technology development and utilizing them in the agricultural fields for increasing the yields of the food crop & commercial crops have supported the agriculture sector in the United Arab Emirates. Further research and development of advanced techniques and equipment to support the growth of the agriculture sector are also anticipated to drive the growth of the UAE hydroponics market in the future five years. The country suffers from water shortage, in such case using advanced irrigation systems to avoid water wastage and providing appropriate level of water is further anticipated to substantiate the growth of the UAE hydroponics market in the forecast years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“UAE Hydroponics Market By Type (Aggregate Systems v/s Liquid Systems), By Equipment (HVAC, LED Grow Light, Control Systems, Irrigation Systems, Others), By Input (Nutrient v/s Growth Media), By Farming Method (Indoor v/s Outdoor), By Crop Type (Fruits & Vegetables, Flowers & Turfs, Others), By Region, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of UAE hydroponics market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the UAE hydroponics market.
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