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Middle East Vertical Farming Market Research Report Forecast (2022-2027)-MarkNte

According to MarkNtel Advisors the Middle East Vertical Farming Market is anticipated to grow at a CAGR of around 18.76% during the forecast period 2022-27.<br><br>Reports URL - https://www.marknteladvisors.com/research-library/middle-east-vertical-farming-market.html

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Middle East Vertical Farming Market Research Report Forecast (2022-2027)-MarkNte

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  1. Middle East Vertical Farming Market Research Report: Forecast (2022-2027) © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved www.marknteladvisors.com

  2. Document Outline 02 Research Scope Report Particulars, Key Questions Answered, Market Segmentation, Table of Content Sample Illustration Middle East Vertical Farming Market Research Report: Forecast (2022-2027) 15 Research Process & Methodology Research Approach, Research Methodology 55 64 Commercials About MarkNtel Advisors Who we are? 66 68 Disclaimer & Contact Details © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 2

  3. Report Particulars Middle East Vertical Farming Market Report Basics Sr. No Particulars 1 Report Published November,2021 2 Number of Research Hours 292 3 Total Number of Pages in the Final Report 250+ 4 Research Period 2017-2027 Historical Years 2017-2020 Base Year 2021 Estimated Year 2022 Forecast Year 2027 5 Currency Used Throughout the Report The United States Dollars OR USD 6 Market Measurement Value in USD million 7 Numberof Top Countries/Markets Covered in the Report 4 #The charts and shapes in the sample are not meant to be scaled © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 3

  4. Market Segmentation Middle East Vertical Farming Market By Growth Mechanism By Structure By Country • UAE • Saudi Arabia • Israel • Egypt • Rest of Middle East By Farms Location By Company • AeroFarms • Freight Farms • Plenty • CropOne • Badia farms • Intelligent Growth Solution • OSRAM GMBH • Koninklijke Philips N.V • Urban Fresh Farms • Others • Hydroponics • Shipping Containers • Outdoor farming • Aeroponics • Building Based • Indoor Farming • Aquaponics • Deep Farms • Meters & Solutions • Others • Climate Control • Ventilation Fans • Air Purification/Control • Sensors • Co2 Sensors • Temperature Sensors • Nutrient Sensors • Crop Sensors • PH Sensors • Others By Component By Crop Type • Tomato • Lettuce • Bell & Chili Peppers • Strawberry • Cucumber • Leafy Greens • Others • Building Material • Glass green house • Plastic Green House • Software • Hardware • Lighting Grow Light • • Grow Ballast • Grow Reflectors • Hydroponic Component • Pump & Irrigation • Water Filtration • Services © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 4

  5. Study Background – Project Outline (1/7) Table of Content 1. Introduction 1.1. Product Definition 1.2. Research Process 1.3. Assumption 1.4. Market Segmentation Executive Summary 2. 3. Impact of Covid-19 on Middle East Vertical Farming Market 4. 5. Middle East Vertical Farming Market Policies and Regulations Middle East Vertical Farming Market Dynamics 5.1. Drivers 5.2. Challenges 5.3. Impact Analysis Middle East Vertical Farming Market Trends & Insights Middle East Vertical Farming Market Hotspots & Opportunities Middle East Security Vertical Farming Market Outlook, (2017-2027F) 8.1. Market Size & Analysis 8.1.1.By Revenues 8.2. Market Share & Analysis 8.2.1.By Growth Mechanism 8.2.1.1. Hydroponics 6. 7. 8. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 5

  6. Study Background – Project Outline (2/7) Table of Content 8.2.1.2. Aeroponics 8.2.1.3. Aquaponics 8.2.2. By Structure 8.2.2.1. Shipping Containers 8.2.2.2. Building Based 8.2.2.3. Deep Farms 8.2.3. By Farm Location 8.2.3.1. Indoor 8.2.3.2. Outdoor 8.2.4. By Crop Type 8.2.4.1. Tomato 8.2.4.2. Lettuce 8.2.4.3. Bell & Chili Peppers 8.2.4.4. Strawberry 8.2.4.5. Cucumber 8.2.4.6. Leafy Greens 8.2.4.7. Others 8.2.5. By Component 8.2.5.1. Hardware 8.2.5.1.1. Lighting © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 6

  7. Study Background – Project Outline (3/7) Table of Content 8.2.5.1.1.1. Grow Light 8.2.5.1.1.2. Grow Ballast 8.2.5.1.1.3. Grow Reflectors 8.2.5.1.2. Hydroponic Component 8.2.5.1.2.1. Pump & Irrigation 8.2.5.1.2.2. Water Filtration 8.2.5.1.2.3. Meters & Solutions 8.2.5.1.2.4. Others 8.2.5.1.3. 8.2.5.1.3.1. Ventilation Fans 8.2.5.1.3.2. Air Purification/Control 8.2.5.1.4. Sensors 8.2.5.1.4.1. Co2 Sensors 8.2.5.1.4.2. Temperature Sensors 8.2.5.1.4.3. Nutrient Sensors 8.2.5.1.4.4. Crop Sensors 8.2.5.1.4.5. PH Sensors 8.2.5.1.4.6. Others 8.2.5.1.5. Building Material 8.2.5.1.5.1. Glass green house Climate Control © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 7

  8. Study Background – Project Outline (4/7) Table of Content 8.2.5.1.5.2. Plastic green house 8.2.5.2. Software (Tracing and Tracking, Post-Harvest Audit, Analytics etc.) 8.2.5.3. Services 8.2.6.By Country 8.2.6.1. UAE 8.2.6.2. Saudi Arabia 8.2.6.3. Israel 8.2.6.4. Egypt 8.2.6.5. Rest of Middle East 8.2.7.By Company 8.2.7.1. Revenue Shares 8.2.7.2. Strategic Factorial Indexing 8.2.7.3. Competitor Placement in MarkNtel Quadrant UAE Vertical Farming Market Outlook, 2017-2027F 9.1. Market Size & Analysis 9.1.1. By Revenue 9.2. Market Share & Analysis 9.2.1. By Growth Mechanism 9.2.2. By Structure 9.2.3. By Farm Location 9. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 8

  9. Study Background – Project Outline (5/7) Table of Content 9.2.4. By Crop Type 9.2.5. By Component 10. Saudi Arabia Vertical Farming Market Outlook, 2017-2027F 10.1. Market Size & Analysis 10.1.1. By Revenue 10.2. Market Share & Analysis 10.2.1. By Growth Mechanism 10.2.2. By Structure 10.2.3. By Farm Location 10.2.4. By Crop Type 10.2.5. By Component 11. Israel Vertical Farming Market Outlook, 2017-2027F 11.1. Market Size & Analysis 11.1.1. By Revenue 11.2. Market Share & Analysis 11.2.1. By Growth Mechanism 11.2.2. By Structure 11.2.3. By Farm Location 11.2.4. By Crop Type 11.2.5. By Component © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 9

  10. Study Background – Project Outline (6/7) Table of Content 12. Egypt Vertical Farming Market Outlook, 2017-2027F 12.1. Market Size & Analysis 12.1.1. By Revenue 12.2. Market Share & Analysis 12.2.1. By Growth Mechanism 12.2.2. By Structure 12.2.3. By Farm Location 12.2.4. By Crop Type 12.2.5. By Component 13. Competitive Benchmarking 13.1. Competition Matrix 13.1.1. Product Portfolio 13.1.2. Target Markets 13.1.3. Target Security Type 13.1.4. Research & Development 13.1.5. Strategic Alliances 13.1.6. Strategic Initiatives 13.2. Companies Profile (Business Description, Products Diversification, Solutions, Assets, Target Market, Partnership, Merger & Acquisition, etc.) 13.2.1. AeroFarms 13.2.2. Freight Farms © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 10

  11. Study Background – Project Outline (7/7) Table of Content 13.2.3. Plenty 13.2.4. CropOne 13.2.5. Badia farms 13.2.6. Intelligent Growth Solution 13.2.7. Osram GMBH 13.2.8. Koninklijke Philips N.V 13.2.9. Urban Fresh Farms 13.2.10. Others 14. Disclaimer © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 11

  12. Document Outline 02 Research Scope Report Particulars, Key Questions Answered, Market Segmentation, Table of Content Sample Illustration Middle East Vertical Farming Market Research Report: Forecast (2022-2027) 15 Research Process & Methodology Research Approach, Research Methodology 55 64 Commercials About MarkNtel Advisors Who we are? 66 68 Disclaimer & Contact Details © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 12

  13. Middle East Vertical Farming Market Outlook, 2017-2027F © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 13

  14. Middle East Vertical Farming Market, By Revenues Figure XX: Middle East Vertical Farming Market By Revenues (USD Million) 2017-2027F CAGR: XX% CAGR: XX% 2017 2018 2019 2020 2021 2022F 2023F 2024F 2025F 2026F 2027F Source: MarkNtel Advisors Overview • The Middle East region has an incredible demand for local food resources, which became evident during the COVID-19 crisis when imports were strictly restricted. Lack of fertile land availability and water scarcity in the region pose a challenge for traditional farming techniques in the region. In 2021, the region had less than 1% of the global freshwater reserves. In addition, the population of the entire region has registered an increase of around 4% during 2010-2020. These macroeconomic factors are pressing for the greater need for food security in the region.During 2017-2019, Vertical Farming gained traction in the Middle East region with burgeoning investments in vertical farming technologies and strategic partnerships to cater to the regional call for food security. In Kuwait, NOX Management launched in the summer of 2020 with plans to produce 250 types of greens, with a daily output of 550 kg of salads, herbs, and cresses using vertical farming techniques. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 14

  15. Middle East Vertical Farming Market, By Growth Mechanism Figure XX: Middle East Vertical Farming Market Share (Percentage), by Market Size (USD Million), by Growth Mechanism, 2021 & 2027F Market Share, By Revenues (Percentage) Market Size (USD Million), 2021 & 2027F Shipping Containers Building Based 2021 2027 Deep Farms 2021 2027F Deep Farms Shipping Containers Building Based Source: MarkNtel Advisors Shipping Containers • Vertical Farming in Shipping Containers is gaining momentum in the Middle East region as they are readily available and support the circular economy concept. The Middle Eastern countries are increasingly working towards enhancing the local food security by launching events and strategies to implement agricultural technologies suitable for the regional environment. • XX © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 15

  16. Middle East Vertical Farming Market, By Structure Figure XX: Middle East Vertical Farming Market Share (Percentage), by Market Size (USD Million), by Structure, 2021 & 2027F Market Share, By Revenues (Percentage) Market Size (USD Million), 2021 & 2027F Hydroponics 2021 2027 Aeroponics Aquaponics 2021 2027F Hydroponics Aeroponics Aquaponics Source: MarkNtel Advisors Hydroponics • The Middle East, being a water-scarce region is gaining success in Hydroponics based vertical farming technology for cultivating food crops as it utilizes 90% less water than traditional farming methods. The Middle Eastern countries such as Qatar is actively seeking innovative agriculture technology (Hydroponics) to increase the use of treated sewage and desalinated water for human-consumption crops through Aquaponics farming technology to fulfill a two-way goal i.e. food sufficiency and waste reduction (as a part of circular economy concept). • XX © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 16

  17. Middle East Vertical Farming Market, By Farm Location Figure XX: Middle East Vertical Farming Market Share (Percentage), by Market Size (USD Million), by Farm Location, 2021 & 2027F Market Share, By Revenues (Percentage) Market Size (USD Million), 2021 & 2027F Outdoor Farming 2021 2027 Indoor Farming 2021 Outdoor Farming 2027F Indoor Farming Source: MarkNtel Advisors Indoor Farming Indoor vertical farms have an advantage over Outdoor Vertical Farms Indoor Farms as they are completely sealed off from outside environments and require leaser or no • pesticides & herbicides which makes it healthier for consumption. The Middle East region lacks agricultural land availability, and indoor farming is a sustainable method that supports regional agricultural growth. In June 2021, the US Vertical Farming company AeroFarms in partnership with the Abu Dhabi Investment Office (ADIO), announced the construction of Research focused vertical farming center in UAE. XX • © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 17

  18. Middle East Vertical Farming Market, By Crop Type Table XX: Middle East Vertical Farming Market, by Revenue (USD Million), by Crop Type, 2017 - 2027F Crop Type 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 XX XX XX XX XX XX XX XX XX XX XX Tomato XX XX XX XX XX XX XX XX XX XX XX Lettuce XX XX XX XX XX XX XX XX XX XX XX Bell & Chili Peppers XX XX XX XX XX XX XX XX XX XX XX Strawberry XX XX XX XX XX XX XX XX XX XX XX Cucumber XX XX XX XX XX XX XX XX XX XX XX Leafy Greens XX XX XX XX XX XX XX XX XX XX XX Others Source: MarkNtel Advisors Tomato Tomato cultivation through vertical farming techniques is gaining popularity in the Middle East region, with millions of investments flowing into the regional farming • market. In January 2020, Madar Farms announced to set up the world’s first commercial-scale indoor tomato farm in Abu Dhabi to cater to the regional call for food security. Later, in November 2021, Pure harvest raised USD 64.5 million in funding by entering into a joint venture partnership with PlanTFarm, a Korean vertical farming • solutions provider to design, build and operate tomato-based indoor vertical farms in the Middle East region. XX • © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 18

  19. Middle East Vertical Farming Market, By Component Table XX: Middle East Vertical Farming Market, by Revenue (USD Million), by Component, 2017-2027F 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Hardware XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX Lighting XX XX XX XX XX XX XX XX XX XX XX Grow Light XX XX XX XX XX XX XX XX XX XX XX Grow Ballast XX XX XX XX XX XX XX XX XX XX XX Grow Reflectors XX XX XX XX XX XX XX XX XX XX XX Hydroponic Component XX XX XX XX XX XX XX XX XX XX XX Pump & Irrigation XX XX XX XX XX XX XX XX XX XX XX Water Filtration XX XX XX XX XX XX XX XX XX XX XX Meters & Solutions XX XX XX XX XX XX XX XX XX XX XX Others XX XX XX XX XX XX XX XX XX XX XX Climate Control XX XX XX XX XX XX XX XX XX XX XX Ventilation Fans XX XX XX XX XX XX XX XX XX XX XX Air Purification/Control XX XX XX XX XX XX XX XX XX XX XX Sensors XX XX XX XX XX XX XX XX XX XX XX Co2 Sensors XX XX XX XX XX XX XX XX XX XX XX Temperature Sensors Source: MarkNtel Advisors © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 19

  20. Middle East Vertical Farming Market, By Component Table XX: Middle East Vertical Farming Market, by Revenue (USD Million), by Component, 2017-2027F (Continued) 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 XX XX XX XX XX XX XX XX XX XX XX Nutrient Sensors XX XX XX XX XX XX XX XX XX XX XX Crop Sensors XX XX XX XX XX XX XX XX XX XX XX PH Sensors XX XX XX XX XX XX XX XX XX XX XX Others XX XX XX XX XX XX XX XX XX XX XX Building Material XX XX XX XX XX XX XX XX XX XX XX Glass green house XX XX XX XX XX XX XX XX XX XX XX Plastic green house Software (Tracing and Tracking, Post-Harvest Audit, Analytics etc.) Services XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX Source: MarkNtel Advisors © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 20

  21. Middle East Vertical Farming Market, By Competitors Figure XX: Middle East Vertical Farming Market Share (Percentage), by Competitors, 2021 AeroFarms(USD XX Billion) Others (USD XX Billion)  AeroFarms design, develop and operate commercial indoor vertical farms by using patented aeroponic growing systems. The company grows over 550 different varieties of plants includingleafy greens,berries,tomatoes and more.  XXX Signify Holding (USD XX Billion) Bayer AG (USD Xx Billion) USDXXX Billion  XXX  XXX Badia Farms (USD XX Billion) XXX OSRAM GmbH (USD XX Billion )  XXX Source: MarkNtel Advisors © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 21

  22. UAE Vertical Farming Market Outlook, 2017-2027F © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 22

  23. UAE Vertical Farming Market, By Revenues Figure XX: UAE Vertical Farming Market by Revenues (USD Million), 2017-2027F CAGR: XX% CAGR: XX% 2017 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F Revenue (USD Million) Source: MarkNtel Advisors Overview • Agriculture is one of the topmost priorities for UAE, with Diqdaqah in Ras Al Khaimah, Falaj al Mualla in Umm al Quwain, the coastal area of Fujairah, Wadi adh Dhayd in Sharjah, Al Awir in Dubai, Al Ain and Liwa Oasis in Abu Dhabi being major farming hubs of the region. The country faces severe resource shortages including, water scarcity, lack of fertile land availability, and soil salinity that have majorly affected the agriculture growth of UAE in the past years. • With the recent tech innovations in farming and increased government initiatives to boost Agriculture growth in the region, UAE has found innovative solutions for regional agriculture productivity. These solutions include implying vertical farming techniques such as hydroponic, Aeroponic, and Aquaponic that support the country's natural environment for crop cultivation. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 23

  24. UAE Vertical Farming Market, By Growth Mechanism Figure XX: UAE Vertical Farming Market Share (Percentage), by Market Size (USD Million), by Growth Mechanism, 2021 & 2027F Market Share, By Revenues (Percentage) Market Size (USD Million), 2021 & 2027F Shipping Containers Building Based 2021 2027 Deep Farms 2021 2027F Deep Farms Shipping Containers Building Based Source: MarkNtel Advisors Shipping Containers Container farming is a sustainable practice for small businesses and crop producers to effectively cultivate crops in both urban and rural areas. The containers function • as a stand-alone business or an accessory to an existing farm and restaurants for providing immediate agri-food requirements. Furthermore, automation inside farms makes container farming less labor-intensive than traditional vertical farming, offers consistency, crop monitoring, and resource • efficiency that have contributed to a demand upsurge for container farming in the region. XX • © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 24

  25. UAE Vertical Farming Market, By Structure Figure XX: UAE Vertical Farming Market Share (Percentage), by Market Size (USD Million), by Structure, 2021 & 2027F Market Share, By Revenues (Percentage) Market Size (USD Million) 2021 & 2027F Hydroponics 2021 2027 Aeroponics Aquaponics 2021 2027F Hydroponics Aeroponics Aquaponics Source: MarkNtel Advisors Overview With dessert-making up UAE's vast majority of land, only 5 % is considered cultivable making UAE food imports as much as 90%. Food demand in the region is expected • to increase tremendously during the forecast period causing supply chain disruptions in the country's traditional agri-food supply for providing fresh and organic food year-round. The demand for packaged food in UAE has significantly increased from USD 38.1 million metric tons in 2017 to USD 51.2 million metric tons in 2020 and further expected to increase USD 52.4 million metric tons by 2025. To meet the country's Agri produce demand while meeting the nutritional needs of the growing population, the local government and food producers are inclined towards using hydroponic farming techniques to sustainably meet the local demand. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 25

  26. UAE Vertical Farming Market, By Farm Location Figure XX: UAE Vertical Farming Market Share (Percentage), by Market Size (USD Million), by Farm Location, 2021 & 2027F Market Share, By Revenues (Percentage) Market Size (USD Million) 2021 & 2027F Outdoor Farming 2021 2027 Indoor Farming 2021 Outdoor Farming 2027F Indoor Farming Source: MarkNtel Advisors Indoor Farming Indoor Farming is a sustainable method as it reduces the amount of fossil fuels used in farming equipment during sowing, harvesting crops, etc., and remain unaffected • by weather conditions and offer better usage of space. The Middle East region has an arid climate, infertile lands, and faces agriculture labor shortages required for constant monitoring and cultivation of crops which hinders the development of outdoor farming techniques in the region. UAE is constantly gaining investments in indoor farming techniques for crop cultivation. For instance, In July 2018 Emirates Flight Catering announced a USD 40 million Joint venture with California-based Cop One to build an indoor vertical farm in Al Maktoum • International Airport in Dubai to cater to the growing demand for leafy greens in the region. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 26

  27. UAE Vertical Farming Market, By Crop Type Table XX: UAE Vertical Farming Market by Revenue (USD Million), by Crop Type, 2017-2027F 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 XX XX XX XX XX XX XX XX XX XX XX Tomato XX XX XX XX XX XX XX XX XX XX XX Lettuce XX XX XX XX XX XX XX XX XX XX XX Bell & Chili Peppers XX XX XX XX XX XX XX XX XX XX XX Strawberry XX XX XX XX XX XX XX XX XX XX XX Cucumber XX XX XX XX XX XX XX XX XX XX XX Leafy Greens XX XX XX XX XX XX XX XX XX XX XX Others Source: MarkNtel Advisors Tomatoes The UAE's supportive government policies for tomato cultivation and the large-scale adoption of vertical farming techniques such as hydroponics is deriving the growth • of the UAE Tomato market. Exports of Tomato ketchup and other tomato sauces in UAE have significantly increased from USD 33 million in 2019 to USD 34.6 million in 2020, making UAE one of the top exporters of Tomato products. With the rise in Tomato exports and increase in tomato consumption in the country, vertical farming investors have made significant investments to boost tomato • cultivation locally. © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 27

  28. UAE Vertical Farming Market, By Component Table XX: UAE Vertical Farming Market, by Revenue (USD Million), by Component, 2017-2027F 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Hardware XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX Lighting XX XX XX XX XX XX XX XX XX XX XX Grow Light XX XX XX XX XX XX XX XX XX XX XX Grow Ballast XX XX XX XX XX XX XX XX XX XX XX Grow Reflectors XX XX XX XX XX XX XX XX XX XX XX Hydroponic Component XX XX XX XX XX XX XX XX XX XX XX Pump & Irrigation XX XX XX XX XX XX XX XX XX XX XX Water Filtration XX XX XX XX XX XX XX XX XX XX XX Meters & Solutions XX XX XX XX XX XX XX XX XX XX XX Others XX XX XX XX XX XX XX XX XX XX XX Climate Control XX XX XX XX XX XX XX XX XX XX XX Ventilation Fans XX XX XX XX XX XX XX XX XX XX XX Air Purification/Control XX XX XX XX XX XX XX XX XX XX XX Sensors XX XX XX XX XX XX XX XX XX XX XX Co2 Sensors XX XX XX XX XX XX XX XX XX XX XX Temperature Sensors Source: MarkNtel Advisors © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 28

  29. UAE Vertical Farming Market, By Component Table XX: UAE Vertical Farming Market, by Revenue (USD Million), by Component, 2017-2027F (Continued) 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 XX XX XX XX XX XX XX XX XX XX XX Nutrient Sensors XX XX XX XX XX XX XX XX XX XX XX Crop Sensors XX XX XX XX XX XX XX XX XX XX XX PH Sensors XX XX XX XX XX XX XX XX XX XX XX Others XX XX XX XX XX XX XX XX XX XX XX Building Material XX XX XX XX XX XX XX XX XX XX XX Glass green house XX XX XX XX XX XX XX XX XX XX XX Plastic green house Software (Tracing and Tracking, Post-Harvest Audit, Analytics etc.) Services XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX Source: MarkNtel Advisors © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 29

  30. Document Outline 02 Research Scope Report Particulars, Key Questions Answered, Market Segmentation, Table of Content Sample Illustration Middle East Vertical Farming Market Research Report: Forecast (2021-2027) 15 Research Process & Methodology Research Approach, Research Methodology 55 64 Commercials About MarkNtel Advisors Who we are? 66 68 Disclaimer & Contact Details © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved 30

  31. Disclaimer • MarkNtel Advisors LLP provides valuable market intelligence to an exclusive group of customers in response to orders. The report is licensed for the customer's internal use only and is subject to restrictions set henceforth. This document and its contents are confidential and may not be further distributed, published, or reproduced, in whole or in part, by any medium or in any form for any purpose, without the written consent of MarkNtel Advisors. The customer will not disclose the contents of the report, whether directly through any medium or indirectly through incorporation in a database, marketing list, report or otherwise, or use or permit the use of information to generate any statistical or other information that is or will be provided to third parties, or voluntarily produce information in legal proceedings. • Market reports are based on expectations, estimates and projections as of the date such information is available. Any recommendation contained in this report may not be suitable for all investors or Contact Us inherently subject to market fluctuations and business, economic and competitive uncertainties, and contingencies businesses. The market conclusions drawn are necessarily based upon a number of estimates and assumptions that, while considered reasonable by MarkNtel Advisors as of the date of such statements, are sales@marknteladvisors.com +1 604 800 2671, +91 8719999009 Corporate Office: Office No.106, H-160, Noida - 63, UP- 201301 www.marknteladvisors.com © 2021 | Reproduction is forbidden unless authorized | All Rights Reserved

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