The growth of hydroponics in the GCC

06 November 2020
video

Suitability to the Middle East

Given that the climate in arid countries is largely unsuitable for crop cultivation, food imports account for 90% of the food consumed in the GCC. The cost of these imports into the region is expected to total $53.1 billion in 2020. Due to this reliance on imports, vulnerabilities exist in terms of market supply shocks and price spikes, such as those experienced during the COVID-19 outbreak. For this reason, the volume of foreign land acquisitions and domestic hydroponic farms are increasing dramatically. Hydroponic farming is also very appropriate given water scarcity issues. Meanwhile making use of land in and around urban centres means low food miles and a guarantee of fresh produce to the consumer. Adoption of hydroponics has been significant in the UAE, where over 200 farms now exist. Thanks to these farms, locally grown produce accounted for 20% of total fruit and vegetable sales in the UAE in 2018.

Download the full insight here.

The growth of hydroponics in the GCC

06 November 2020

Suitability to the Middle East

Given that the climate in arid countries is largely unsuitable for crop cultivation, food imports account for 90% of the food consumed in the GCC. The cost of these imports into the region is expected to total $53.1 billion in 2020. Due to this reliance on imports, vulnerabilities exist in terms of market supply shocks and price spikes, such as those experienced during the COVID-19 outbreak. For this reason, the volume of foreign land acquisitions and domestic hydroponic farms are increasing dramatically. Hydroponic farming is also very appropriate given water scarcity issues. Meanwhile making use of land in and around urban centres means low food miles and a guarantee of fresh produce to the consumer. Adoption of hydroponics has been significant in the UAE, where over 200 farms now exist. Thanks to these farms, locally grown produce accounted for 20% of total fruit and vegetable sales in the UAE in 2018.

Download the full insight here.

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