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, By Farming Method, By Crop Type, By Region, Competition Forecast & Opportunities, 2027

Saudi Arabia hydroponics market is anticipated to grow at a significant CAGR during the forecast period. The growth can be attributed to the rising demand for agricultural practices in the country to reduce dependency on the import of food crops from other countries. Rapidly increasing technological advancements in the agriculture sector as well as rising desert farming practices like drip irrigation, oasis farming, nano clay technology for agriculture purposes, etc., are supporting the growth of Saudi Arabia hydroponics market. The rising population of the country and growing tourism sector are elevating the demand for increasing food crop production in the country, which is driving the growth of Saudi Arabia hydroponics market. Ministry of Agriculture in Saudi Arabia is actively working towards introducing favorable policies like providing subsidies and interest-free loans to farmers to provide farmers with better quality seeds and subsidized prices of water for agricultural practices in the country, which is expected to accelerate the growth of Saudi Arabia hydroponics market in the upcoming years. Hydroponic farms in Saudi Arabia can help strengthen the food production and distribution systems as well as enhance the safety and nutritional value of the food. Hence, many companies are making huge investments to build hydroponic farms in the country, which is expected to further drive the Saudi Arabia hydroponics market in the upcoming years. Rising demand for organic food products, exotic fruits and vegetables among the health-conscious population and retail chains is also driving the growth of Saudi Arabia hydroponics market. Moreover, the availability of high-quality seeds, technological advancements, and laboratory testing intended to develop more advanced procedures are boosting the Saudi Arabia hydroponics market growth.

The Saudi Arabia hydroponics market is segmented on the basis of 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. The liquid system sub-segment is anticipated to dominate the Saudi Arabia hydroponics market in the next five years as they are easier to manage and more effective towards maintaining an optimal supply of nutrients to the root system of the plant.

Saudi Erum - Hydroponics Company, Desert Agriculture (Aljoaib Holdings), Green Mast, Saudi Arabian Hydroponics Company, and High-Tech Saudi Farms are the top players operating in the Saudi Arabia hydroponics market. Companies are consistently working towards developing innovative methods leveraging advanced technologies for increasing the quality and quantity of crop production for achieving a large share of the Saudi Arabia hydroponics market.

Years considered for this report:

• Historical Years: 2017-2020
• Base Year: 2021
• Estimated Year: 2022
• Forecast Period: 2023-2027

Objective of the Study:

• To analyze the historical growth of the market size of Saudi Arabia hydroponics market from 2017 to 2021.
• To estimate and forecast the market size of Saudi Arabia hydroponics market from 2022 to 2027 and growth rate until 2027.
• To classify and forecast Saudi Arabia hydroponics market based on type, equipment, input, farming method, competitional landscape, and regional distribution.
• To identify dominant region or segment in the Saudi Arabia hydroponics market.
• To identify drivers and challenges for Saudi Arabia hydroponics market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia hydroponics market.
• To identify and analyze the profile of leading players operating in Saudi Arabia hydroponics market.
• To identify key sustainable strategies adopted by market players in Saudi Arabia hydroponics market.

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of vendors, suppliers, and service providers across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the service providers which could not be identified due to the limitations of secondary research. The publisher analyzed the service providers, distribution channels and presence of all major players across the country.

The publisher calculated the market size of Saudi Arabia hydroponics market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

• Hydroponics service providers, end users, and other stakeholders
• Distributers and suppliers of the products and other stakeholders
• Organizations, forums, and alliances related to hydroponics
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Saudi Arabia hydroponics market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Saudi Arabia Hydroponics Market, By Type:

• Aggregate Systems
• Liquid Systems

Saudi Arabia Hydroponics Market, By Equipment:

• HVAC
• LED Grow Light
• Control Systems
• Irrigation Systems
• Others

Saudi Arabia Hydroponics Market, By Input:

• Nutrient
• Growth Media

Saudi Arabia Hydroponics Market, By Farming Method:

• Indoor
• Outdoor

Saudi Arabia Hydroponics Market, By Crop Type:

• Fruits & Vegetables
• Flowers & Turfs
• Others

Saudi Arabia Hydroponics Market, By Region:

• Western Region
• Northern And Central Region
• Eastern Region
• Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia hydroponics market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company’s specific needs.

This product will be delivered within 1-3 business days.