UAE Hydroponics Market A Dive from 15.2% CAGR in 2023-28| MarkNtel Advisors
MarkNtel Advisors has recently released an all-encompassing report on UAE Hydroponics market. The report thoroughly explores the present and future market scenarios, providing valuable insights into market size, share, and competitor segmentation. It also delivers an overview of manufacturers, regions, product categories, and application areas. This extensive research is designed to empower clients with the knowledge required to comprehend and capitalize on market trends for their business strategies.
Forecast 2023-28: Revealing UAE Hydroponics Market Insights and Analysis
The UAE Hydroponics Market size is estimated to grow at a CAGR of around 15.2% during the forecast period, i.e., 2023-28.
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Driving Innovation: Exploring the UAE Hydroponics Market and its Growth Opportunity
Growth Opportunity: Growing Government Investments in Sustainable Farming Methods
The UAE government is primarily focused on promoting sustainable agriculture by minimizing taxes and facilitating public-private partnerships. It has relaxed stringent regulations and is now allowing private entities to invest in the country’s agricultural sector. As a result of these factors, the development of smart farms in the UAE has accelerated, thereby expanding the need for hydroponic systems. In addition, the UAE government has launched Abu Dhabi Vision 2030, which promotes sustainable agriculture through a series of funding and investment initiatives.
Consequently, the number of indoor vertical farms in the UAE is expected to rise, thus these government investments & government-led initiatives are acting as an opportunity for hydroponics system manufacturing companies in the future.
UAE Hydroponics Market: Key Players
-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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UAE Hydroponics Market Segmentation Outline:
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
By Region
-Dubai
-Abu Dhabi & Al Ain
-Sharjah & Northern Emirates
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