How much does it cost to set up a vertical farm in the UAE?

Vertical farming has become a particularly promising sector, valued currently at $39.2 million, with projections indicating it could grow at an annual rate of 4.05%, reaching $47.8 million by 2029.

For entrepreneurs and investors, vertical farming offers a unique opportunity to tap into the high demand for locally grown, pesticide-free produce. Vertical farms use up to 95% less water compared to traditional farming, making them an efficient choice in the UAE’s arid climate.

In this guide, we’ll explore:

• the initial startup costs for vertical farming in the UAE
• key operational expenses, including energy and labor requirements
• production costs and profitability potential in the UAE’s vertical farming market
• the role of automation in managing costs and increasing efficiency

Vertical farming setup cost in the UAE

Establishing a vertical farm involves two major initial costs: securing the facility and obtaining the necessary equipment.

Many vertical farming startups repurpose warehouses, shipping containers, and industrial spaces to optimize urban locations and save on real estate expenses.

Continue reading.

Source: