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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“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.
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“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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