Kuwait Smart Plantation Market size is projected to increase at a CAGR of 9.4% during 2023-2029

In terms of crop, fruits and vegetables segment accomplished the highest revenue share in Kuwait Smart Plantation Market – 6Wresearch

Fruits and vegetables segment dominated the market and is expected to witness highest revenue growth in the Kuwait smart plantation market owing to surging consumer demand, shorter growth cycles, water efficiency, and their ability to meet both health-conscious consumers preferences and sustainability goals.

According to 6Wresearch, Kuwait Smart Plantation Market size is projected to increase at a CAGR of 9.4% during 2023-2029. The Government of Kuwait has taken various initiates to tackle water scarcity problem such as “Valuing Water” & “Water Resources Development and Management Program” in 2019 to resorted to the establishment of seawater desalination facilities, to produce fresh water for drinking (93 %), and treatment of wastewater for domestic and irrigation purposes by 2030. Moreover, government of Kuwait intend to decrease import dependency in food products by adapting Advanced Irrigation Techniques, Vertical Farming and Controlled Environment Agriculture in partnership with Korean companies is expected to help the country to do precision irrigation, hence growing the demand for smart plantation in the country in coming years.

Kuwait’s high dependency on food imports to ensure food security is a major concern for the government and policymakers. Moreover, majority of the land, approx. 90% of all Kuwait’s land is agriculturally unviable. Thus, it necessitates to develop means of local production to ensure and sustain the country’s growing population. The growth of local agriculture production in Kuwait would only be feasible through smart and sustainable processes due to the environmental and water resource constraints, thereby, the growing agriculture output in the country would coincide with growth in smart plantation market revenues.

According to Abhishek Mishra, Senior Research Analyst, 6Wresearch, hardware generates the most revenues in smart plantation business and the trend is expected to continue due to its role as foundational infrastructure for precision agriculture including IoT sensors integration and automation, etc.

The Kuwait Smart Plantation Market (2023-2029) report provides an in-depth analysis with 14 figures and 3 tables, covered in 55 pages. The report comprehensively covers the market by types, components, and crop. The report provides a detailed as well as unbiased analysis of the on-going drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per to the latest and future market dynamics.