The Middle East and Africa indoor farming technology market is expected to grow at a CAGR of 13.48% from an initial value of US$1.575 billion in 2021 to US$3.816 billion in 2028.
Indoor farming is the process of cultivating plants without the need for soil, utilising techniques including aquaponics, hydroponics, and aeroponics. It is also known as controlled-environment agriculture, with the goal of optimising plant development. The main advantage of indoor farming is the capacity to enhance the development procedure for higher harvests. All of the risks associated with growing outside, like droughts, storms, and pest infestations, are eliminated. Instead, growers have complete control over everything, down to the quantity of daylight crops receive every minute.
The Middle East and African indoor framing tech market is predicted to increase rapidly throughout the projection period because of the requirement for better output with fewer resources and land.
According to World Bank estimates, throughout the Middle East and Africa, just one-third of the land is used for agriculture, and only 5 per cent of that land is arable. The remaining land is comprised of cities or deserts. According to official data, only 1.5 per cent of Saudi land is arable with 36 million population in 2021. Little agriculture the nation does have ends up using more than 80 per cent of the Kingdom's limited and precious water resources. Therefore the ability of indoor framing practices to use space as effectively as possible with minimal resources is critical for the region’s progress and self-sufficiency.
Improved technology like artificial intelligence, the Internet of things, and data analytics are increasingly being employed in indoor farming to boost crop output.
Further, governments and potential leaders in the Middle East are capitalizing on the benefits of hydroponics to establish a truly resilient, food-secure industry. Agritech firms are also employing IoT-based agriculture systems to create vertical farm modules that use fewer resources while producing high-quality crops. Furthermore, they are giving guidance and leadership services to hydroponic growers in the Middle East in order to alleviate the region's food insecurity. A number of Middle Eastern companies are investing in R&D projects to combine technology with food systems to boost productivity and sustainability. However, high initial investment, lack of knowledge and skilled manpower are some of the factors anticipated to hinder the growth of the indoor farming tech market in the region.
Key developments.
By growing systems, the market is increasing as hydroponics produces higher yields than traditional farming practices.
Hydroponics eliminates the usage of counterfeit maturing agents and pesticides, which aids in the production of nutritiously better vegetable products. Moreover, the participants are making investments in new items, product innovation, partnerships, business expansions, and acquisitions. For instance, AeroFarms announced a partnership with QFZA and Doha Venture Capital in November 2022 and created a commercialized indoor vertical farm in Qatar Free Zones that will provide unmatched connectivity and access to the region.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2021 | US$1.575 billion |
| Market Size Value in 2028 | US$3.816 billion |
| Growth Rate | CAGR of 13.48% from 2021 to 2028 |
| Base Year | 2021 |
| Forecast Period | 2023 – 2028 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered | Growing Systems, Component, Facility Type, Crop Type, and Country |
| Regions Covered | Saudi Arabia, UAE, Israel, Others |
| Companies Covered | AS Agri and Aqua LLP., Sarya Holdings., Green Fields, Fluence’s., REMY, Mishkat, Mowreq |
| Customization Scope | Free report customization with purchase |
Key Market Segments