MEA Greenhouse Market Expected to Surpass USD XX Billion by 2033, Growing at a CAGR of 11.15% – SPER Market Research
A greenhouse is a controlled environment building, usually composed of glass or other transparent materials, that lets light in while retaining heat to provide a warm, steady atmosphere for plant development. Because greenhouses can control temperature, humidity, and light levels regardless of outdoor circumstances, they are used extensively in horticulture, research, and agriculture to grow plants all year round. In addition to accelerating growth and improving photosynthesis, this regulated atmosphere makes it possible to cultivate a variety of plants, including ones that are not adapted to the local climate. Additionally, greenhouses act as a barrier to protect plants from pests, illnesses, and harsh weather. Modern greenhouses frequently have automated temperature and irrigation control systems thanks to technological breakthroughs, which promote effective and sustainable agricultural production.
According to SPER Market Research, ‘Middle East and Africa Greenhouse Market Size- By Equipment, By Type, By Crop- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Middle East & Africa Greenhouse Market is estimated to reach USD XX billion by 2033 with a CAGR of 11.15%.
Drivers: One of the main factors propelling the Middle East and Africa greenhouse market is the rising need for food that is produced locally. Consumers are choosing fresh vegetables with fewer food miles in an era where sustainability is becoming more and more important. greenhouses make it possible to grow fruits and vegetables all year round, especially in areas with severe weather. The development of the analysis of the greenhouse sector depends heavily on technological developments. Greenhouse farming has been transformed by innovations like hydroponics, advanced automated control systems, and energy-efficient LED lighting. The advancement of greenhouse farming is significantly aided by government programs. Adoption of greenhouse agriculture is greatly aided by supportive policies such as tax breaks, subsidies, and specialised initiatives.
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Restraints: Despite its efficiency, greenhouse cultivation is frequently limited by the large upfront costs involved. The high upfront costs limit accessibility and deter prospective new participants from embracing this style of agriculture, which limits the expansion of the Middle East and Africa greenhouse market. Additionally, greenhouse agriculture depends on a thorough comprehension of a number of cutting-edge methods, including as hydroponics and complex climate control systems. The adoption rate of greenhouse farming is still low in regions, such as sections of Africa, where such technological know-how is either non-existent or very limited. The growth of the greenhouse business in these areas is essentially constrained by farmers’ unwillingness or incapacity to employ these technologies because they lack the necessary resources and knowledge.
Due to supply chain disruptions and restricted availability to vital inputs like labour, seeds, and fertiliser, the COVID-19 epidemic had a major effect on the greenhouse market in the Middle East and Africa. Production delays and higher expenses resulted from lockdowns and limitations that stopped the building and operation of both new and existing greenhouses. Due to decreased demand and limited market access, many small-scale farmers experienced financial difficulty, which had an impact on resilience and profitability. Nevertheless, the epidemic increased investment in controlled-environment agriculture by highlighting the significance of food security. Since then, governments and businesses have stepped up their support for greenhouse farming as a way to boost food production and lessen dependency on imports.
The United Arab Emirates (UAE) dominated the Middle East and Africa Greenhouse Market due to substantial investments in controlled-environment agriculture. Major players in the market are Agra Tech Inc, Argus Control Systems Ltd, Certhon, Heliospectra Ab, Hort Americas.
Our in-depth analysis of the MEA Greenhouse Market includes the following segments:
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For More Information, refer to below link:-
Middle East Greenhouse Market Scope
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