Middle East Vertical Farming Market Set to Register Strong Growth Momentum at 18.76% CAGR by 2027

This comprehensive Middle East Vertical Farming Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.

“According to recent market analysis report, the Middle East Vertical Farming Market is expected to grow at a CAGR of 18.76% during the forecast period of 2022 to 2027.”

“In case you missed it, we are currently revising our reports. Click on the below to get the most latest research data with forecasts for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.”

Download Sample PDF Copy of this Report: - https://www.marknteladvisors.com/query/request-sample/middle-east-vertical-farming-market.html

Driving Force Behind the Growth of the Middle East Vertical Farming Market through 2027

Increasing Need to Minimize Import Dependency & Bring Food Security - Since many countries in the region are highly dependent on imports for food, the need to minimize this dependency is elevating rapidly. Especially amidst the Covid-19 pandemic, when the governments imposed movement restrictions and trade bands, food security was challenged due to hindrances in imports. This aspect played a prominent role in bringing a reality check to the countries and instigating them to attain food security using advanced technologies and farming methods like vertical farming, leaving no challenge (like water scarcity & unavailability of arable land) unaddressed. It, in turn, demonstrated a rise in the practice of vertical farming and its positive influence on market growth.

Market Segment Highlights:

By Growth Mechanism

Hydroponics
Aeroponics
Aquaponics

By Structure

Shipping Containers
Building Based
Deep Farms

By Farm Location

Indoor
Outdoor

By Crop Type

Tomato
Lettuce
Bell & Chili Peppers
Strawberry
Cucumber
Leafy Greens
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 (Tracing and Tracking, Post-Harvest Audit, Analytics etc.)
- Services

Here, Hardware components like Lighting acquired the largest share of the Middle East Vertical Farming Market in recent years. It owes principally to fulfilling the sunlight needs for the production & growth of the crops. Since vertical farming is done inside a closed building and is highly dependent on artificial lights for its positive result, the demand for lighting components is escalating rapidly as a substitute for sunlight.

Middle East Vertical Farming Market Geographical Outlook:

UAE
Saudi Arabia
Israel
Egypt
Rest of Middle East

Explore the Full Report with Charts, Table of Contents, and List of Figures - https://www.marknteladvisors.com/research-library/middle-east-vertical-farming-market.html

Middle East Vertical Farming Market Competition Analysis:

Some of the top Middle East Vertical Farming companies operating in the market are AeroFarms, Freight Farms, Plenty, CropOne, Badia farms, Intelligent Growth Solution, Osram GMBH, Koninklijke Philips N.V., Urban Fresh Farms.

Who We Are:

Our team entails professional analysts and researchers who intelligently utilize research techniques to procure detail-driven, unbiased, and reliable data encompassing the industry. We aim to nurture a result-oriented team to offer strategically-moving insights to our clients.

Our fact-based reports allow the user to design their motives, funds, and strategies, with a higher focus on mitigating confusion and bringing forward a clear insight into the industry. It further allows the clients to identify the lucrative opportunities awaiting.

Insights offered by MarkNtel Advisors comprise in-depth information on regional & country-based trends emerging in the industry. The team studies & compiles the prospects, ensuring consistency in reports.

Our services are beyond offering research reports to the clients and further expand into addressing queries while incorporating with them for advice, development, & execution of strategies for exception growth.