Demand for agriculture practices in desert lands is driving the growth of Saudi Arabia Hydroponics Market, in the forecast period, 2022-2026.
According to TechSci report on, “Saudi Arabia Hydroponics Market By Type (Aggregate Systems v/s Liquid Systems), By Equipment (HVAC, LED Grow Light, Control Systems, Irrigation Systems, Others), By Input (Nutrient v/s Growth Media), By Farming Method (Indoor v/s Outdoor), By Crop Type (Fruits & Vegetables, Flowers & Turfs, Others), By Region, Competition Forecast & Opportunities, 2026”, Saudi Arabia hydroponics market is anticipated to register an esteemed growth in the forecast years, 2022-2026 with an impressive CAGR value. The Saudi Arabia hydroponics market future growth can be attributed to factors like rapidly increasing technological advancements in the agriculture sector in the country. Additionally increasing desert farming practices like drip irrigation, oasis farming, green house practices, using nano clay for agriculture purpose, are further supporting the growth of the Saudi Arabia hydroponics market in the next five years. Also, surging demand for achieving the food security and increasing efficiency of food crop production in the desert lands is driving the growth of the Saudi Arabia hydroponics market in the upcoming five years. Rising population of the country and the demand to provide food to the growing population is further substantiating the growth of the Saudi Arabia hydroponics market in the future five years. Moreover, the country like other GCC countries earlier was dependent on imports of food crops and the recent demands for practicing agriculture on large scale is anticipated to aid the growth of the Saudi Arabia hydroponics market in the forecast years. Furthermore, governmental aid to the farmers with better quality seeds, subsidized prices of water for agricultural practices and advanced technological laboratory tests are expected to support robust growth of the Saudi Arabia hydroponics market in the forecast period, until 2026.
Government agencies like Ministry of Agriculture is actively working toward favorable policies related to agriculture. Saudi Arabian Agricultural Bank (SAAB) helps farmers with disbursing subsidies and provides interest free loans such that farmers can support their agricultural practices with efficiency. Private agencies like Grain Silos and Flourmills Organization, purchase and stores products like wheat, along with constructing flourmills, and produces animal feeds too thus aiding the growth of the agricultural practices in the country.
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The Saudi Arabia hydroponics market segmentation is based on type, equipment, input, farming method, crop type, competitional landscape, and regional distribution. Based on type, the market is further segmented into aggregate systems, and liquid systems. Aggregate systems of hydroponic practice are somewhat similar to the conventional methods of agriculture. Various type of substrate like rockwool, vermiculite, cocopeat, clay pellets, peat moss, etc. are utilized to sow the crops. Timed delivery of the nutrient solution maintains the nutrient supply to the plants. Liquid systems or water cultures of the hydroponic system are more effective toward supply of nutrient to the root system of the plant. Since the solution is not inert, unlike aggregate systems, no fungal build up & infections can be avoided. If the adequate levels of nutrient solution are maintained, pump systems and gravity manage the supply of nutrient to the plant roots. The effective and easier management of the liquid hydroponic system is anticipated to drive the growth of the sub-segment and aid to the robust growth of the Saudi Arabia hydroponics market in the upcoming five years. Liquid systems are also expected to register largest revenue shares of the market and assert its dominance over the market segment in the next five years.
Compony Profile
A partial list of market players functioning in the Saudi Arabia hydroponics market in the forecast years include,
- Saudi Erum - Hydroponics Company
- Desert Hydroponics (Aljoaib Holdings)
- Green Mast
- Saudi Arabian Hydroponics Company
- High Tech Saudi Farms
The market players are consistently working for bringing more innovative methods and practices that support their brand establishment in the future five years.
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Increasing Demand for Desert Farming Drives Market Growth
Agricultural practices in desert lands are difficult since the soil in these regions do not have the capacity to hold the plants and they are also unable to supply sufficient amount of nutrient to the crops. Practices like drip irrigation, hydroponic agriculture, oasis farming, green house practices, using nano clay for agriculture purpose, etc. are some of the agricultural practices conducted in the desert lands. Also, GCC countries like Saudi Arabia were earlier completely dependent on importing food, and related crops from the other countries to fulfill the requirement of food among their population. In the recent times, the demand for self-equipped agricultural practices even in the desert lands have increased and are supporting the growth of the Saudi Arabia hydroponics market.
Agricultural development in the Kingdom of Saudi Arabia in the last three decades is appreciative. Historically, agriculture in the peninsular region of the Saudi Arabia was limited to date farming, and small-scale vegetable production through oasis farming. The small plots of farming produced enough for the local communities and if any extra production was available the produce was sold to the passing caravans. Advancing technologies and demands for increasing the sales is driving the growth of the Saudi Arabia hydroponics market in the upcoming five years.
Government Aids Support Market Growth
Demand for food crops is rapidly increasing in the country and rising population of the country is also enhancing the demand for the food crops and thus supporting the growth of the Saudi Arabia hydroponics market in the next five years. Government of the Kingdom of Saudi Arabia is extending its support toward the growth of the Saudi Arabia hydroponics market in the upcoming five years. Government is taking necessary steps toward promotion of hydroponics practices along with providing special incentives to the farmers practicing hydroponics.
Also, provision of better quality seeds, technological advancement along with laboratory testing for the development of more advanced procedures, is supporting the Saudi Arabia hydroponics market in the future five years. Additionally, consistent research is conducted for bringing better nutrient solution for the plant growth. Water is scarce on the desert lands, in such cases, effective usage of water is a necessity and thereby supporting the growth of the Saudi Arabia hydroponics market in the forecast years. Government also extends support in taking care of the transport costs and controlling the subsidized rates of water for the hydroponic establishments, thus aiding the growth of the Saudi Arabia hydroponics market in the forecast period, until 2026.
“Technological advancements are supporting the future growth of the market. Innovative equipment like HVAC, LED grow light, control systems, irrigation systems, and others are gaining popularity and are being actively utilized for the proper functioning of the hydroponic systems. Irrigation system is anticipated to hold the largest revenue shares of the market on the account of increasing governmental aids for the hydroponics system. Utilization of aquifers, and sea water with governmental support is further substantiating the growth of the market. Desalination, and saline agriculture is also promoting the futuristic growth of the Saudi Arabia hydroponics market in the forecast years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
Press Release : https://www.techsciresearch.com/news/6659-saudi-arabia-hydroponics-market.html
“Saudi Arabia Hydroponics Market By Type (Aggregate Systems v/s Liquid Systems), By Equipment (HVAC, LED Grow Light, Control Systems, Irrigation Systems, Others), By Input (Nutrient v/s Growth Media), By Farming Method (Indoor v/s Outdoor), By Crop Type (Fruits & Vegetables, Flowers & Turfs, Others), By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Saudi Arabia hydroponics market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia hydroponics market.
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