MEA Hydroponics Market Growth, Size, Trends, Share, Demand, Revenue and Future Outlook
Middle East and Africa Hydroponics Market Size- By Type, By Crop Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2024 | Report ID: AGRI2434 | Pages: 1 - 155 | Formats*: |
| Category : Agriculture | |||
Middle East and Africa Hydroponics Market Introduction and Overview
According to SPER Market Research, the Middle East and Africa Hydroponics Market is estimated to reach USD 47.38 million by 2033 with a CAGR 15.78%.
The report includes an in-depth analysis of the Middle East and Africa Hydroponics Market, including market size and trends, product mix, distribution channels, and supplier analysis. Plant cultivation is being revolutionized by a state-of-the-art technique called hydroponics. It is growing crops without the use of soil, but rather directly supplying vital minerals to plant roots through a nutrient-rich water solution. This creative strategy has several benefits. In comparison to conventional soil-based farming, it significantly reduces water usage, maximizing resource efficiency. Furthermore, hydroponics enables exact control over environmental elements like light, humidity, and temperature, which maximizes plant development and reduces the requirement for pesticides and herbicides.
Market Opportunities and Challenges
Opportunities: Traditional soil-based agriculture is unsustainable in many parts of the Middle East and Africa due to water constraint. When compared to traditional farming methods, hydroponics can use substantially less water, making it an efficient choice. Hydroponic systems' capacity to regulate and recirculate the nutrient solution minimizes water waste and supports local initiatives to protect limited water supplies.
The global hydroponics industry is driven by the increased consumption of salads and unusual vegetables including lettuce, microgreens, and other leafy vegetables. Growing consumer demand for fresh, premium food, especially from health-conscious consumers, is driving this trend. Due to the exorbitant expense of imported exotic fruits and vegetables, universities and research centers are concentrating on developing more straightforward hydroponics systems in order to boost output and fulfill growing demand.
Challenges: The high initial investment expenses of hydroponics may prevent them from being widely used. It costs a lot of money to set up hydroponic systems, especially sophisticated ones with automation and climate control. Small-scale farmers and newcomers may find the expense of nutritional solutions, equipment, specialized lighting, and infrastructure to be unaffordable. Adoption is hampered by this, especially in areas with restricted access to finance and financing.
Market Competitive Landscape
The Hydroponics market in Middle East and Africa is moderately fragmented. Some of the market key players are Aero Farma, Madar Farms, Crop One Holdings Inc, Hydroponics Africa, Kobus Vertical Farming, Green Terrace.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Crop Type |
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region |
| Companies Covered | Aero Farma, Madar Farms, Crop One Holdings Inc, Hydroponics Africa, Kobus Vertical Farming, Green Terrace, Smart Farming Technologies CC, Urbanization Cultivation International. |
COVID-19 Impact on Middle East and Africa Hydroponics Market
The Middle East and Africa (MEA) hydroponics market has been severely damaged by the COVID-19 outbreak. At first, there were supply chain disruptions in the market, especially with regard to the availability of necessary equipment and supplies of nutrients from foreign vendors. Movement and trade restrictions made it more difficult for hydroponic farms and installations to run smoothly, which extended project schedules and raised expenses. Nevertheless, the pandemic also demonstrated the hydroponics industry's adaptability and tenacity in MEA, despite these difficulties. Hydroponics was becoming more and more recognized as a sustainable alternative as nations dealt with issues related to food security and disturbances in traditional agriculture.
Key Target Audience:
- Agricultural Entrepreneurs
- Urban Farmers
- Commercial Greenhouse Operators
- Government Agencies and Policy Makers
- Research Institutions and Universities
Our in-depth analysis of the Middle East and Africa Hydroponics Market includes the following segments:
| By Type: |
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| By Crop Type: |
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Key Topics Covered in the Report:
- Middle East and Africa Hydroponics Market Size (FY’2024-FY’2033)
- Overview of Middle East and Africa Hydroponics Market
- Segmentation of Middle East and Africa Hydroponics Market By Type (Aggregate Hydroponic System)
- Segmentation of Middle East and Africa Hydroponics Market By Crop Type (Tomato, Lettuce and Leafy Vegetables, Pepper, Cucumber, Microgreens, Others)
- Expansion Analysis of Middle East and Africa Hydroponics Market
- Problems and Obstacles in Middle East and Africa Hydroponics Market
- Competitive Landscape in the Middle East and Africa Hydroponics Market
- Impact of COVID-19 and Demonetization on Middle East and Africa Hydroponics Market
- Details on Current Investment in Middle East and Africa Hydroponics Market
- Competitive Analysis of Middle East and Africa Hydroponics Market
- Prominent Players in the Middle East and Africa Hydroponics Market
- SWOT Analysis of Middle East and Africa Hydroponics Market
- Middle East and Africa Hydroponics Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Middle East and Africa Hydroponics Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Middle East and Africa Hydroponics Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East and Africa Hydroponics Market
7. Middle East and Africa Hydroponics Market, By Type (USD Million) 2020-2033
7.1. Middle East and Africa Hydroponics Market Size, Share and Forecast, By Type, 2020-20267.2. Middle East and Africa Hydroponics Market Size, Share and Forecast, By Type, 2027-20337.3. Aggregate Hydroponic System
7.3.1. Closed System7.3.2. Open System
7.4. Liquid Hydroponic System
8. Middle East and Africa Hydroponics Market, By Crop Type (USD Million) 2020-2033
8.1. Middle East and Africa Hydroponics Market Size, Share and Forecast, By Crop Type, 2020-20268.2. Middle East and Africa Hydroponics Market Size, Share and Forecast, By Crop Type, 2027-20338.3. Tomato8.4. Lettuce and Leafy Vegetables8.5. Pepper8.6. Cucumber8.7. Microgreens8.8. Others
9. Middle East and Africa Hydroponics Market Forecast, 2020-2033 (USD Million)
9.1. Middle East and Africa Hydroponics Market Size and Market Share
10. Middle East and Africa Hydroponics Market, By Region, 2020-2033 (USD Million)
10.1. Middle East and Africa Hydroponics Market Size and Market Share By Region (2020-2026)10.2. Middle East and Africa Hydroponics Market Size and Market Share By Region (2027-2033)10.3. Eastern Region10.4. Western Region10.5. Southern Region10.6. Northern Region
11. Company Profile
11.1. Aero Farma
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. Crop One Holdings Inc
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. Green Terrace
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Hydroponics Africa
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Kobus Vertical Farming
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Madar Farms
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. RedSea H
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. Smart Farming Technologies CC
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. Urbanization Cultivation International
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. Others
12. Conclusion
13. Reference Links
14. List of Abbreviations
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Middle East and Africa Hydroponics Market is covered By Type, By Crop Type.
The Middle East and Africa is anticipated to have the highest Market share in the Middle East and Africa Hydroponics Market.
The key players in the Market include Companies Covered Aero Farma, Madar Farms, Crop One Holdings Inc, Hydroponics Africa, Kobus Vertical Farming, Green Terrace, Smart Farming Technologies CC, Urbanization Cultivation International.
It is growing crops without the use of soil, but rather directly supplying vital minerals to plant roots through a nutrient-rich water solution.
Middle East and Africa Hydroponics Market is projected to reach USD 47.38 million by 2033, growing at a CAGR of 15.78% during the forecast period.
Middle East and Africa Hydroponics Market grew in Market size from 2024. The Market is expected to reach USD 47.38 million by 2033, at a CAGR of 15.78% during the forecast period.
Middle East and Africa Hydroponics Market CAGR of 15.78% during the forecast period.
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Middle East and Africa Hydroponics Market size is USD 47.38 million from 2024 to 2033.
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