UAE Grain Analysis Market to Grow with a CAGR of 4.18% through 2028
Growth in research and development activities is expected
to drive the UAE Grain Analysis Market growth in the forecast period,
2024-2028.
According to TechSci Research report, “UAE Grain
Analysis Market – By Region, Competition, Forecast and Opportunities,
2018-2028F”, the UAE Grain Analysis Market stood at USD22.88 million in
2022 and is anticipated to grow with a CAGR of 4.18% in the forecast period,
2023-2028. The initiatives taken by government based on grain analysis has led
to favorable market conditions for the UAE Grain Analysis Market. Several
factors contribute to the growth of various grain analysis market products. In Abu Dhabi, which is the primary hub for
livestock production in the UAE, the Abu Dhabi Agriculture and Food Safety
Authority (ADAFSA) operates a fixed-price feed subsidy program in collaboration
with the Agthia Group. This groundbreaking initiative aims to support local
farmers by providing them with affordable feed for their livestock, thereby
stimulating and bolstering the growth of the agricultural sector in the region.
Recognizing the importance of achieving food security and reducing reliance on
agriculture imports, the UAE government has undertaken several initiatives to
enhance local agricultural production. These multifaceted initiatives encompass
various strategies, with a particular emphasis on the cultivation of grains. By
prioritizing the expansion of domestic grain cultivation, the UAE aims to
mitigate the risks associated with import dependency and ensure a sustainable
and self-sufficient food supply for its population.
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Investments in
research and development (R&D) activities have played a pivotal role in
driving technological innovations in grain analysis. One notable example is the
development of highly sophisticated grain sorters, which utilize advanced
algorithms and imaging techniques to precisely sort grains based on their size.
These cutting-edge advancements have not only significantly improved the
efficiency and accuracy of grain analysis but have also fueled market growth by
catering to the increasing demand for superior-quality grain products. By
incorporating state-of-the-art technology into the grain analysis process,
stakeholders in the agricultural industry are better equipped to ensure the
production and distribution of high-quality grains that meet the stringent
requirements of consumers and various industries.
The UAE Grain
Analysis Market is segmented in grain type, technology, regional distribution,
and company. Based on its grain type, the
cereals segment held the largest share in the market. The consumption and
imports of grain, including cereals, in the UAE are projected to witness a
significant increase over the coming years. This anticipated growth in
consumption and imports is driven by various factors such as population growth,
changing dietary preferences, and the expanding food industry. As a result,
there is a pressing need for extensive grain analysis to ensure the quality,
safety, and compliance of the cereals being imported and consumed. This demand
for comprehensive grain analysis services is expected to further contribute to
the dominance of the UAE in the grain analysis market, solidifying its position
as a key player in ensuring food security and meeting the growing needs of its
population. Based on region, Dubai segment is expected to grow during the
forecast period.
The retail food market in Dubai is not only extremely
competitive but also saturated with a wide range of local, regional, and
international products. The fierce competition creates a need for comprehensive
and meticulous grain analysis, which plays a crucial role in ensuring the
quality, safety, and integrity of cereal-based products. By conducting thorough
grain analysis, businesses can confidently deliver products that meet the
highest standards and exceed customer expectations in this dynamic and demanding
market.
Major companies operating in UAE Grain Analysis Market
are:
- Bureau Veritas SA
- ALS Limited
- Intertek Group PLC
- SGS SA
- Neogen Corporation
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“Growing application of grain analysis in various end
user industries are key drivers of the grain analysis market. Growth in
competitive landscape and presence of well-established companies in the market
who are dedicated to enhance their productivity of grain analysis with every
passing year are anticipated to register an impressive growth to UAE Grain
Analysis Market in the forecast period.,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based management consulting firm.
“Grain Analysis Market By Grain Type (Cereals,
Oilseeds, Pulses), By Technology (Traditional Technology, Rapid Technology), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of UAE Grain Analysis Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in UAE Grain Analysis Market.
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