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Report

Saudi Arabia Hydroponics Market - Industry Trends and Forecast to 2030

Market Report I 2023-08-01 I 56 Pages I Data Bridge Market Research

Saudi Arabia hydroponics market is expected to reach USD 386,166.00 thousand by 2030 from USD 124,533.50 thousand in 2022, growing at a CAGR of 15.4% during the forecast period of 2023 to 2030.

Market Segmentation:
Saudi Arabia Hydroponics Market, By Type (Aggregate Systems, Liquid Hydroponic Systems, and Others), Product Type (LED Grow Light, Control Systems, Irrigation Systems, Material Handling, Drainage Collection Systems, HVAC, and Others), Technology (Automated/Mobile Systems and Manual Systems), Crop Type (Vegetables, Fruits, Herbs and Spices, Flowers, Turf Grass, and Others), Application (Indoor Farming, Commercial Farmers, Green House, Nursery Ornamentals, and Others), Input (Nutrients and Grow Media), Distribution Channel (Direct and Indirect) - Industry Trends and Forecast to 2030
Some of the major factors contributing to the growth of the Saudi Arabia hydroponics market:

Drivers
- Embracing hydroponic systems to boost agricultural yields
- Addressing water scarcity through the adoption of resource-efficient solutions
Restraint
- Significant initial investment expenses
Opportunity
- Incorporation of technology within the hydroponics industry

Market Players:

Some of the key players operating in the Saudi Arabia hydroponics market are:
- Aerospring Hydroponics
- Aljoaib Holdings
- BK Greenhouse Ltd.
- Al-Fadhiliya Trading
- Moistenland LLC
- Mustadem
- HYDRO FARM
- SAMSUNG
- AT&T Intellectual Property

TABLE OF CONTENTS
1 INTRODUCTION 7
1.1 OBJECTIVES OF THE STUDY 7
1.2 MARKET DEFINITION 7
1.3 OVERVIEW 7
1.4 LIMITATIONS 8
1.5 MARKETS COVERED 9
2 MARKET SEGMENTATION 13
2.1 MARKETS COVERED 13
2.2 GEOGRAPHICAL SCOPE 14
2.3 YEARS CONSIDERED FOR THE STUDY 14
2.4 CURRENCY AND PRICING 14
2.5 DBMR TRIPOD DATA VALIDATION MODEL 15
2.6 TYPE LIFELINE CURVE 18
2.7 MULTIVARIATE MODELING 19
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 20
2.9 DBMR MARKET POSITION GRID 22
2.10 DBMR APPLICATION COVERAGE GRID 23
2.11 DBMR VENDOR SHARE ANALYSIS 24
2.12 SECONDARY SOURCES 25
2.13 ASSUMPTIONS 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 29
4.1 CONSUMER TRENDS 30
4.1.1 INCREASING DEMAND FOR LOCALLY GROWN AND FRESH NUTRITIOUS PRODUCE 30
4.1.2 HEALTH AND WELLNESS 30
4.1.3 ENVIRONMENTAL SUSTAINABILITY 31
4.2 DEMAND & SUPPLY CAPACITY 32
4.2.1 DEMAND 32
4.2.2 SUPPLY CAPACITY 32
4.3 POPULAR CULTIVARS/VARIETY 33
4.3.1 LETTUCES (VARIOUS TYPES) 33
4.3.2 TOMATOES 33
4.3.3 CUCUMBERS 33?
4.4 RETAIL CHANNELS 34
4.4.1 GROCERY STORES AND SUPERMARKETS 34
4.4.2 ONLINE PLATFORMS 34
4.4.3 VERTICAL FARMS OR ON-SITE RETAIL 34
4.4.4 HYDROPONIC FARMS OR GREENHOUSES 34
4.5 RETAIL PRICE 35
4.6 WHOLSALE PRICE 35
5 MARKET OVERVIEW 36
5.1 DRIVERS 38
5.1.1 EMBRACING HYDROPONIC SYSTEMS TO BOOST AGRICULTURAL YIELDS 38
5.1.2 ADDRESSING WATER SCARCITY THROUGH THE ADOPTION OF RESOURCE-EFFICIENT SOLUTIONS 39
5.1.3 RISING DEMAND FOR CASH AND STAPLE CROPS 40
5.2 RESTRAINTS 40
5.2.1 SIGNIFICANT INITIAL INVESTMENT EXPENSES 40
5.2.2 NECESSITY FOR TECHNICAL PROFICIENCY AND ONGOING MAINTENANCE 41
5.3 OPPORTUNITY 42
5.3.1 INCORPORATION OF TECHNOLOGY WITHIN THE HYDROPONICS INDUSTRY 42
5.4 CHALLENGE 43
5.4.1 STRINGENT GUIDELINES GOVERNING ORGANIC AND HYDROPONIC CULTIVATION 43
6 SAUDI ARABIA HYDROPONICS MARKET: COMPANY LANDSCAPE 44
6.1 COMPANY SHARE ANALYSIS: SAUDI ARABIA 44
7 SWOT ANALYSIS 45
8 COMPANY PROFILES 46
8.1 HYDRO FARM 46
8.1.1 COMPANY SNAPSHOT 46
8.1.2 PRODUCT PORTFOLIO 46
8.1.3 RECENT DEVELOPMENT 46
8.2 AEROSPRING HYDROPONICS 47
8.2.1 COMPANY SNAPSHOT 47
8.2.2 PRODUCT PORTFOLIO 47
8.2.3 RECENT DEVELOPMENT 47
8.3 MOISTENLAND LLC 48
8.3.1 COMPANY SNAPSHOT 48
8.3.2 PRODUCT PORTFOLIO 48
8.3.3 RECENT DEVELOPMENT 48?
8.4 AL-FADHILIYA TRADING 49
8.4.1 COMPANY SNAPSHOT 49
8.4.2 PRODUCT PORTFOLIO 49
8.4.3 RECENT DEVELOPMENT 49
8.5 BK GREENHOUSE LTD 50
8.5.1 COMPANY SNAPSHOT 50
8.5.2 PRODUCT PORTFOLIO 50
8.5.3 RECENT DEVELOPMENT 50
8.6 MUSTADEM 51
8.6.1 COMPANY SNAPSHOT 51
8.6.2 PRODUCT PORTFOLIO 51
8.6.3 RECENT DEVELOPMENT 51
8.7 ALJOAIB HOLDINGS 52
8.7.1 COMPANY SNAPSHOT 52
8.7.2 PRODUCT PORTFOLIO 52
8.7.3 RECENT DEVELOPMENT 52
9 QUESTIONNAIRE 53
10 RELATED REPORTS 56

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