MENA Vertical Farming Market Expanding at a 21% CAGR, Total Revenue is Anticipated to Reach USD 706 Million by 2028 | IGR

Infinium Global Research, a distinguished market research organization, is pleased to announce the release of its latest report on the MENA Vertical Farming Market. This comprehensive report provides an in-depth analysis of segments and sub-segments within the MENA and regional vertical farming market. The study highlights the influence of drivers, restraints, and macro indicators on the MENA and regional vertical farming market in both the short term and long term. This report offers a comprehensive presentation of market trends, forecasts, and dollar values, providing crucial insights into the MENA vertical farming market.

The MENA Vertical Farming Market showcased remarkable growth in 2022, achieving a market value of more than USD 226 million. Forecasts predict substantial expansion, with the market projected to reach nearly USD 706 million by 2028, boasting a remarkable Compound Annual Growth Rate (CAGR) of nearly 21% during the forecast period.

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One of the most significant challenges we face today is the increasing demand for food driven by a growing global population and the decreasing availability of arable land. The extensive use of high-yield farming techniques has depleted finite resources like fresh water, fossil fuels, and soil. These methods, while sustaining a burgeoning population, also contribute to environmental degradation, erosion, and flooding. Vertical farming presents a sustainable and alternative solution for urban food production, effectively addressing the needs of the growing urban population and future generations. Middle East countries prefer vertical farming due to its vast potential to mitigate environmental issues. Vertical farming results in less deforestation, efficient land utilization, reduced erosion, and minimal flooding. Furthermore, it optimizes the utilization of natural resources, particularly water.

Saudi Arabia is poised to become the largest market in the MENA region for vertical farming. With its substantial investment in vertical farming, Saudi Arabia is a key player in the MENA region's vertical farming market. Modern technology empowers farmers to monitor and manage crops with precision, driving the adoption of advanced practices and spurring market growth. Additionally, North Africa is expected to experience significant growth, driven in part by the adverse effects of climate change that emphasize the importance of vertical farming. Vertical farming enhances crop yields while reducing the exploitation of natural resources. The limited availability of arable land further fuels the growth of the vertical farming market in the MENA region.

The report on the MENA vertical farming Market covers segments such as structure, application, component, and technology. In the structure category, the sub-markets include container-based and building-based vertical farms. On the basis of application, the sub-markets include indoor and outdoor vertical farming. In the component category, the sub-markets encompass lighting, sensors, building materials, and other components. On the basis of technology, the sub-markets include hydrophonic, aerophonic, and aquaphonic vertical farming technologies.

The report also provides profiles of key companies operating in the MENA Vertical Farming Market, including YesHealth Agri-Biotechnology Co., Ltd, Gulfood Manufacturing, Crop One Holdings, Urban Crop Solutions, EVERLIGHT ELECTRONICS CO., LTD, ZipGrow, AeroFarms, Sky Greens, Naeem Farms (powered by Mishkat AgTech's), I.F.A.R.M. Inc., and Agrotonomy Corp.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Vertical Farming Market Highlights

2.2. Vertical Farming Market Projection

2.3. Vertical Farming Market Country Highlights

Chapter 3. MENA Vertical Farming Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Porter`s Five Forces Analysis

3.4. IGR-Growth Matrix Analysis

3.4.1. IGR-Growth Matrix Analysis by Structure

3.4.2. IGR-Growth Matrix Analysis by Application

3.4.3. IGR-Growth Matrix Analysis by Component

3.4.4. IGR-Growth Matrix Analysis by Technology

3.4.5. IGR-Growth Matrix Analysis by Country

3.5. Value Chain Analysis of Vertical Farming Market

Chapter 4. Company Profiles and Competitive Landscape

4.1. Competitive Landscape in the MENA Vertical Farming Market

4.2. Companies Profiles

4.2.1. YesHealth Agri-Biotechnology Co., Ltd

4.2.2. Gulfood Manufacturing

4.2.3. Crop One Holdings

4.2.4. Urban Crop Solutions

4.2.5. EVERLIGHT ELECTRONICS CO., LTD

4.2.6. ZipGrow

4.2.7. AeroFarms

4.2.8. Sky Greens

4.2.9. Naeem Farms, (powered by Mishkat AgTech's)

4.2.10. I.F.A.R.M. Inc.

4.2.11. Agrotonomy Corp.

Chapter 5. MENA Vertical Farming Market by Structure

5.1. Container Based

5.2. Building Based

Chapter 6. MENA Vertical Farming Market by Application

6.1. Indoor

6.2. Outdoor

Chapter 7. MENA Vertical Farming Market by Component

7.1. Lightning

7.2. Sensor

7.3. Building Material

7.3.1. Glass Greenhouse

7.3.2. Plastic Greenhouse

7.4. Other Component

Chapter 8. MENA Vertical Farming Market by Technology

8.1. Hydrophonic

8.2. Aerophonic

8.3. Aquaphonic

Chapter 9. MENA Vertical Farming Market by Country 2022-2028

9.1. Saudi Arabia

9.1.1. Saudi Arabia Vertical Farming Market by Structure

9.1.2. Saudi Arabia Vertical Farming Market by Application

9.1.3. Saudi Arabia Vertical Farming Market by Component

9.1.4. Saudi Arabia Vertical Farming Market by Technology

9.2. UAE

9.2.1. UAE Vertical Farming Market by Structure

9.2.2. UAE Vertical Farming Market by Application

9.2.3. UAE Vertical Farming Market by Component

9.2.4. UAE Vertical Farming Market by Technology

9.3. Qatar

9.3.1. Qatar Vertical Farming Market by Structure

9.3.2. Qatar Vertical Farming Market by Application

9.3.3. Qatar Vertical Farming Market by Component

9.3.4. Qatar Vertical Farming Market by Technology

9.4. Kuwait

9.4.1. Kuwait Vertical Farming Market by Structure

9.4.2. Kuwait Vertical Farming Market by Application

9.4.3. Kuwait Vertical Farming Market by Component

9.4.4. Kuwait Vertical Farming Market by Technology

9.5. Egypt

9.5.1. Egypt Vertical Farming Market by Structure

9.5.2. Egypt Vertical Farming Market by Application

9.5.3. Egypt Vertical Farming Market by Component

9.5.4. Egypt Vertical Farming Market by Technology

9.6. Sudan

9.6.1. Sudan Vertical Farming Market by Structure

9.6.2. Sudan Vertical Farming Market by Application

9.6.3. Sudan Vertical Farming Market by Component

9.6.4. Sudan Vertical Farming Market by Technology

9.7. Rest of MENA

9.7.1. Rest of MENA Vertical Farming Market by Structure

9.7.2. Rest of MENA Vertical Farming Market by Application

9.7.3. Rest of MENA Vertical Farming Market by Component

9.7.4. Rest of MENA Vertical Farming Market by Technology

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Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of MENA vertical farming.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2028.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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