The Saudi Arabia Vertical Farming market is segmented based on structure, growth mechanism, application, regional distribution, and company. Based on the structure, the market is divided into building-based vertical farms and shipping container vertical farms. Based on the growth mechanism, Saudi Arabia vertical farming is further segmented into hydroponics, aeroponics, and aquaponics. The hydroponics segment is expected to dominate the Saudi Arabia vertical farming market owing to a wide range of advantages offered by hydroponics farms, such as optimized plant growth and reduced use of water, space, transport, and pesticides.
Major market players operating in the Saudi Arabia vertical farming market are Mowreq Specialized Agriculture Company, GrowGroup IFS, Signify Saudi Arabia, Kalera AS, AeroFarms, LLC, etc. Expansion of product portfolio and more initiatives towards research & development are some of the strategies adopted by market players to sustain growth.
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 Vertical Farming market from 2017 to 2021.
- To estimate and forecast the market size of Saudi Arabia Vertical Farming market from 2022 to 2027 and growth rate until 2027.
- To classify and forecast Saudi Arabia Vertical Farming market based on material, product type, structure, application, distribution channel, competitional landscape, and regional distribution.
- To identify dominant region or segment in the Saudi Arabia Vertical Farming market.
- To identify drivers and challenges for Saudi Arabia Vertical Farming market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia Vertical Farming market.
- To identify and analyze the profile of leading players operating in Saudi Arabia Vertical Farming market.
- To identify key sustainable strategies adopted by market players in Saudi Arabia Vertical Farming market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of vertical farming producers and equipment manufacturers 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 farming producers and equipment manufacturers which could not be identified due to the limitations of secondary research. The publisher analyzed the manufactures, distribution channels and presence of all major players across the country.
The publisher calculated the market size of Saudi Arabia vertical farming 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:
- Vertical farming equipment manufacturers, end users, and other stakeholders
- Distributors and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to vertical farming
- 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 manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, Saudi Arabia Vertical Farming market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Saudi Arabia Vertical Farming Market, By Structure:
- Building-Based Vertical Farms
- Shipping Container Vertical Farms
Saudi Arabia Vertical Farming Market, By Growth Mechanism:
Saudi Arabia Vertical Farming Market, By Application:
Saudi Arabia Vertical Farming Market, By Region:
- Northern & Central
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Vertical Farming market.
With the given market data, the publisher offers customizations according to a company’s specific needs.
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Table of Contents
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Structure (Building-Based Vertical Farms v/s Shipping Container Vertical Farms)
6.2.2. By Growth Mechanism (Hydroponics, Aeroponics, Aquaponics)
6.2.3. By Application (Indoor v/s Outdoor)
6.2.4. By Company (2021)
6.2.5. By Region
6.3. Market Map
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Growth Mechanism
7.2.2. By Application
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Growth Mechanism
8.2.2. By Application
13.2. GrowGroup IFS
13.3. Signify Saudi Arabia
13.4. Kalera AS
13.5. AeroFarms, LLC
A selection of companies mentioned in this report includes:
- Mowreq Specialized Agriculture Company
- GrowGroup IFS
- Signify Saudi Arabia
- Kalera AS
- AeroFarms, LLC