Opportunity Overview & Value Propositions
Aeroponic farming systems assembly include multiple components that can be either imported or locally produced
Value Propositions:
- UAE is the second highest consumer of fresh produce in the GCC, with 90% of its food requirements being currently imported
- UAE is targeting to become the world’s most food secure nation by 2051; there is an exponential increase in capital investments in the agriculture sector in the UAE
- Aeroponic systems consume around 90% less water compared to other modern farming technologies (e.g. Hydroponic), making them ideal for the UAE and the broader GCC region
- Aeroponic systems specifically designed for the UAE harsh environment using locally-sourced sustainable material would improve overall yield, quality and food safety
- UAE is a global food logistics hub, with food trade exceeding $27 billion annually
Value Chain
Value Chain Analysis
-
High
localization in UAE -
Limited
localization in UAE -
Mid
localization in UAE
Chart
Market Size Bar Chart
Global and UAE market size
2022-2032 (Bn AED)
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