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

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, i.e., 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)-Sample

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  1. Middle East Vertical Farming Market Research Report: Forecast (2022-2027) 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

  3. Report Particulars Middle East Vertical Farming Market Report Basics

  4. Market Segmentation Middle East Vertical Farming Market • By Growth Mechanism • Hydroponics • Aeroponics • Aquaponics • By Structure • Shipping Containers • Building Based • Deep Farms • By Country • UAE • Saudi Arabia • Israel • Egypt • Rest of Middle East • By Farms Location • Outdoor farming • Indoor Farming • By Company • AeroFarms • Freight Farms • Plenty • CropOne • Badia farms • Intelligent Growth Solution • OSRAM GMBH • Koninklijke Philips N.V • Urban Fresh Farms • 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 • Services • By Crop Type • Tomato • Lettuce • Bell & Chili Peppers • Strawberry • Cucumber • Leafy Greens • Others

  5. Study Background – Project Outline (1/7)

  6. Study Background – Project Outline (2/7)

  7. Study Background – Project Outline (3/7)

  8. Study Background – Project Outline (4/7)

  9. Study Background – Project Outline (5/7)

  10. Study Background – Project Outline (6/7)

  11. Study Background – Project Outline (7/7)

  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

  13. Middle East Vertical Farming Market Outlook, 2017-2027F

  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% 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.

  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 2021 2027 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

  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 2021 2027 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 goali.e. food sufficiency and waste reduction (as a part of circular economy concept). • XX

  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 2021 2027 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

  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 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

  19. Middle East Vertical Farming Market, By Component Table XX: Middle East Vertical Farming Market, by Revenue (USD Million), by Component, 2017-2027F Source: MarkNtel Advisors

  20. Middle East Vertical Farming Market, By Component Table XX: Middle East Vertical Farming Market, by Revenue (USD Million), by Component, 2017-2027F (Continued) Source: MarkNtel Advisors

  21. Middle East Vertical Farming Market, By Competitors Figure XX: Middle East Vertical Farming Market Share (Percentage), by Competitors, 2021 • AeroFarms(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 including leafy greens, berries, tomatoes and more. • Others (USD XX Billion) • XXX • Signify Holding (USD XX Billion) • XXX • Bayer AG (USD Xx Billion) • XXX USDXXX Billion Badia Farms (USD XX Billion) XXX • OSRAM GmbH (USD XX Billion ) • XXX Source: MarkNtel Advisors

  22. UAE Vertical Farming Market Outlook, 2017-2027F

  23. UAE Vertical Farming Market, By Revenues Figure XX: UAE Vertical Farming Market by Revenues (USD Million), 2017-2027F CAGR: XX% CAGR: XX% 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.

  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 2021 2027 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

  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 2021 2027 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.

  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 2021 2027 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.

  27. UAE Vertical Farming Market, By Crop Type • Table XX: UAE Vertical Farming Market by Revenue (USD Million), by Crop Type, 2017-2027F 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.

  28. UAE Vertical Farming Market, By Component Table XX: UAE Vertical Farming Market, by Revenue (USD Million), by Component, 2017-2027F Source: MarkNtel Advisors

  29. UAE Vertical Farming Market, By Component Table XX: UAE Vertical Farming Market, by Revenue (USD Million), by Component, 2017-2027F (Continued) Source: MarkNtel Advisors

  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

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