[ad_1]
Dublin –(Business Wire) – This “UAE Vertical Farming Market Structure, Growth Mechanisms, Applications, Regions, Competitive Forecasts and Opportunities, 2027” report added to ResearchAndMarkets.com’s supply.
UAE vertical farming market is expected to grow at an impressive rate during the forecast period 2023-2027
The market growth can be attributed to the growing popularity of organic food owing to the rising health awareness among people. Furthermore, increasing utilization of balancing energy and increasing food security concerns are supporting the growth of the vertical farming market in the UAE.
Moreover, the reduction in arable land and the ease of crop monitoring and harvesting using advanced technologies are boosting the growth of the vertical farming market in the UAE during the forecast period. The country’s rapidly growing urban population and tourist traffic are expected to drive the UAE vertical farming market in the coming years.
Hydroponics is a method of growing food without using soil. In this technique, plants are grown using a mineral solution placed in the water around the roots of the plants. The growing water crisis in the Middle East is the main reason driving the increased demand for hydroponics. The hydroponic growing process is thought to help eliminate the risk of soil organisms developing diseases.
Furthermore, it is a more cost-effective strategy than other growth mechanisms and offers a higher return on investment. In the event of a power outage, plants grown using hydroponic mechanisms can survive longer because they have regular access to nutrients and water.
The growing need for food security in the UAE is driving the expansion of the vertical farming market. According to the report, nearly 80% of the UAE’s population are immigrant residents, and this percentage is rapidly increasing across the country.
The growing demand for food to feed such a large and diverse population has increased the popularity of alternative farming methods. Additionally, hydroponic systems enable farmers to manage plant growth and nutrient supply, thereby helping the country’s sustainable, affordable and healthy food system.
Vertical farming has higher yields than normal farming and can produce local fresh green vegetables. Greenhouses allow plants to obtain the ideal heat, humidity, light, and other conditions required by crops, accelerating market growth. Additionally, plants in vertical farming are stacked high in trays, allowing farms to produce more leafy crops in a smaller space.
By stacking plants vertically, farmers can produce more plants in a smaller space. Researchers are working to incorporate indoor vertical farming into the specialty crop category to develop the agricultural industry, which is expected to benefit the UAE vertical farming market.
The UAE Vertical Farming Market is segmented based on structure, growth mechanism, application, regional distribution, and competitive landscape. Based on structure, the market is segmented into building-based vertical farms and containerized vertical farms.
The container vertical farm segment is expected to hold the largest share of the UAE vertical farming market as they are widely used to grow various vegetables and fruits such as leafy greens, mushrooms and strawberries.
The key players operating in the UAE vertical farming market are AS Agri and Aqua LLP, Sarya Holdings, Crop One Holdings and Emirates Catering, Madar Farms, GreenFactory Emirates, UNS Vertical Farms, AeroFarms AgX LTD and others.
Research purposes:
To analyze the historical growth of the UAE Vertical Farming Market market size from 2017 to 2021.
To estimate and forecast the UAE vertical farming market market size from 2022E to 2027F and growth rate to 2027F.
The UAE Vertical Farming Market is categorized and forecast based on structure, growth mechanism, application, region, and company.
Identify the dominant regions or segments of the vertical farming market in the UAE.
Identify the drivers and challenges of the UAE vertical farming market.
Examine the competitive developments in the UAE vertical farming market such as expansions, new services, mergers and acquisitions, etc.
To identify and analyze profiles of leading players operating in the UAE Vertical Farming market.
Identification of key sustainable strategies employed by market players in the UAE Vertical Farming market.
Competitive Landscape
Company Profiles: Detailed analysis of major companies in the UAE Vertical Farming Market.
AS Agri and Aqua LLP
Sarria Holdings
Crop One Holdings and Emirates Catering
motor farm
Emirates Green Factory
UNS Vertical Farm
AeroFarms AgX Ltd.
Report Scope:
UAE Vertical Farming Market, By Structure:
Building-based vertical farm
Container Vertical Farm
UAE Vertical Farming Market, By Growth Mechanism:
Hydroponics
Aeroponics
Aquaponics
UAE Vertical Farming Market, By Application:
UAE Vertical Farming Market, By Region:
Dubai
Sharjah
Abu Dhabi
Rest of UAE
Years considered in this report:
Historical Years: 2017-2020
Base year: 2021
Expected Year: 2022E
Forecast period: 2023F-2027F
For more information on this report, please visit https://www.researchandmarkets.com/r/sti083
[ad_2]
Source link