Saudi Arabia Vertical Farming Market Research Report, 2027

Saudi Arabia Vertical Farming Market Research Report, 2027

Actual Market Research 27-07-2022 58 Pages Figures : 8 Tables : 15 Region : MEA Country : Saudi Arabia Category : Food & Beverages Agriculture

Human life is fundamentally dependent on agricultural output and distribution. Agriculture as an industry supports the livelihoods of significant segments of the population and nations' economies. In Saudi Arabia's widely dispersed oasis, only small-scale vegetable production and date farming were practiced. Little farms generated barely enough food for the neighborhood. The private sector did, however, increase with government initiatives. Saudi Arabia's agricultural systems have developed and enhanced over the last ten years. Although Saudi Arabia is often regarded as a desert, there are some areas where the environment has made cultivation possible. Traditional farming is quite tricky in Saudi Arabia, and vertical farming is a new way of agriculture adopted by Saudi Arabia. Crops are grown using the vertical layering technique called "vertical farming." Controlled-environment agriculture promotes soilless farming methods, including hydroponics, Aeroponics, and Aquaponics, during the growing phase to speed up plant development. With vertical farming, farmers can better control temperature, nutrients, humidity, and light, producing both quality and quantity nutrient-dense greens all year long. The tiny amount of land may be used more efficiently for increased yield through vertical farming.

According to the Actual Market Research’s (AMR) report titled “Saudi Arabia Vertical Farming Market Overview, 2027,” the vertical farming market of Saudi Arabia is expected to grow with around a CAGR of 20% from the year 2022 to 2027. During the forecast period, the Saudi Arabia vertical farming market is anticipated to expand remarkably. The market is growing due to the increased use of contemporary farming methods and tools. The implementation of environmentally friendly vertical farming is encouraged by the activities of rapid urbanization and industrialization. Along with these factors, the market for vertical farming in Saudi Arabia is anticipated to expand throughout the forecast period despite declining agricultural land and the rising popularity of organic food.

Building-based vertical farming is more prevalent in the Saudi Arabian vertical farming sector. An innovative technique for growing crops involves artificially stacking plants vertically on one another, either in skyscrapers or by utilizing the third dimension of space. This could help solve many problems in the future, such as malnutrition, contaminated food, etc., that may arise in conjunction with a food shortage. Building-based vertical farming has more than 60% of the market share in Saudi Arabia. An increasingly common choice for housing vertical agricultural systems is recycled shipping containers. 

The shipping containers act as uniform, modular chambers for cultivating various plants. They have frequently furnished with LED lighting, vertically stacked hydroponics, intelligent climate controls, and monitoring sensors. Additionally, farms may save even more room by stacking the shipping containers, increasing their production per unit of area. The growth of crops is significantly influenced by artificial illumination. In addition to having a significant market share for LEDs in vertical farming, Saudi Arabia employs LEDs in various colors and designs in this application. Saudi Arabia uses vertical hydroponics farming extensively to increase agricultural production. In a vertical farming method, plant trays are stacked in many tiers. Each of them uses nutrient-rich water instead of soil to produce plants.

Covid-19 impacts Saudi Arabia, Turkey, and the UAE were the countries with the next-highest COVID-19 instances in the MEA area. However, the government's assistance during the COVID-19 epidemic will present opportunities in the area. The Saudi government is dedicated to expanding the local food supply. Still, the agricultural industry's growth is influenced by various factors, including the capital stock, labor force, technology, and environment, among others. The administration is simultaneously seeking to strengthen regional supply systems to reduce potential disruptions. Plans are in the works to aid in transferring producers and consumers to online marketplaces and platforms. At the commencement of the COVID-19 epidemic, around 85% of Saudi Arabia's food was imported. Nevertheless, despite global interruptions, the Saudi government's quick actions have maintained food supplies for the duration of the epidemic and through 2020.

Considered in this report
• Geography: Saudi Arabia
• Historic Year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report
• Saudi Arabia Vertical Farming Market with its value and forecast along with its segments
• Application-wise vertical farming distribution
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Based on Growth Mechanism:
• Hydroponics
• Aeroponics
• Aquaponics

Based on structure type:
• Building based-vertical farming
• Shipping based-vertical farming

Based on hydroponics components:
• Lighting
• Climate Control (HVAC)
• Sensors
• Other Hydroponic Components

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agricultural industry, food & beverage industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.



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