GCC Vertical Farming Market: Industry Analysis, Trends, Market Size, and Forecasts up to 2028

The report on the GCC vertical farming market provides qualitative and quantitative analysis for the period from 2020-2028. The report predicts the GCC vertical farming market to grow with a CAGR of about 22% over the forecast period from 2022-2028. The study on vertical farming market covers the analysis of the leading geographies such as Saudi Arabia, UAE, Qatar, Kuwait, Bahrain, and Oman for the period of 2020-2028.

The report on vertical farming market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the GCC vertical farming market over the period of 2020-2028. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the GCC vertical farming market over the period of 2020-2028. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• The need for vertical farming is being driven by the increase in investments in vertical farming and the expanding use of contemporary methods in the agriculture sector.
• The increasing popularity of leafy vegetables in the GCC region is expected to drive the growth of the market.

2) Restraints

• The high cost of installing vertical farming systems and the lack of knowledge about alternative farming methods in some countries, hinder market growth.

3) Opportunities

• New integrated technologies and innovations in vertical farming are expected to create multiple growth opportunities for the GCC vertical farming market.

Research Methodology

A) Primary Research

The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include

1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered

The GCC vertical farming market is segmented on the basis of structure, application, component, and technology.

The GCC Vertical Farming Market by Structure

• Container based
• Building based

The GCC Vertical Farming Market by Application

• Indoor
• Outdoor

The GCC Vertical Farming Market by Component

• Lightning
• Sensor
• Building Material
• Glass greenhouse
• Plastic greenhouse
• Other component

The GCC Vertical Farming Market by Technology

• Hydrophonic
• Aerophonic
• Aquaphonic

Company Profiles

The companies covered in the report include

• A S AGRI AND AQUA LLP
• Sarya Holdings LLC
• NAAAS Holding Group
• YesHealth Agri-Biotechnology Co., Ltd
• PURE HARVEST SMART FARMS
• Madar Farms
• Crop One Holdings
• I.F.A.R.M. Inc.
• Sky Greens
• Naeem Farms, (powered by Mishkat AgTech's)

What does this Report Deliver?

1. Comprehensive analysis of the GCC as well as regional markets of the vertical farming market.
2. Complete coverage of all the segments in the vertical farming market to analyze the trends, developments in the GCC market and forecast of market size up to 2028.
3. Comprehensive analysis of the companies operating in the GCC vertical farming market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.