Mashroo3k Economic Consulting Company offers a feasibility study for a hydroponic farm project, with the highest return on investment and the best payback period, through a set of accurate studies of the size of the Iraqi market, analyzing the strategies of local and foreign competitors, and providing competitive price offers.
Agricultural development projects, such as the Hydroponic Farm project, rely on hydroponic farming technology without soil. The farm provides various vegetables such as tomatoes, cucumbers, lettuce, parsley, and others. The project targets several sectors such as hotels, restaurants, wholesalers and retailers.
Mashroo3k Economic Consulting Company is keen to ensure that the hydroponic farm project has the latest production lines and advanced packaging technology, in addition to relying on an advertising and publicity team that is distinguished by its ability to renew and innovate.
Mashroo3k Economic Consulting Company directs investors who wish to invest in a hydroponic farm project in Iraq, or develop their existing projects, to seek the opinions of specialized consultants through Mashroo3k Company, to help them determine the best ways and methods to develop the farm’s products, and increase its competitive advantages.
Executive Summary
Study of project services/products
Market Size Study
Risk study
Technical study
Financial study
Organizational and administrative study
Agricultural production sector in the GCC countries
There is no doubt that the agricultural sector holds great importance in today’s global economies. It plays a crucial role in achieving self-sufficiency and food security, reducing unemployment, and alleviating poverty. Additionally, it serves as the primary source of raw materials for many manufacturing industries. This vital sector employs approximately 935.6 million workers, representing 28.3% of the global workforce.
Global agricultural production sector
Over the past 20 years, the added value of agriculture has increased by 73% to US$3.5 trillion.
Agriculture accounts for 4% of global GDP.
Agriculture employs 874 million people, representing about 27% of the world’s total workforce.
4.8 billion hectares is the total agricultural area in the world, divided into (3.2 billion hectares of meadows and pastures and 1.6 billion hectares of crops).
9.4 billion tons Total world primary crop production.
337 million tons is the total world production of red and white meat.
883 million tons is the total world production of fruits.
1128 million tons is the total world production of vegetables.
201 million tons is the total world production of vegetable oils.
883 million tons is the total world production of milk.
83 million tons is the total world egg production.
According to the Food and Agriculture Organization of the United Nations (FAO), hunger is on the rise, with the number of undernourished people worldwide rising to 770 million; a large number that we hope agriculture and its products will help reduce. It is noteworthy that agricultural land around the world decreased by 127 million hectares between 2000 and 2019 (roughly the size of Niger), while forest area decreased by 94 million hectares (the size of the United Republic of Tanzania) during the same period. These numbers are undoubtedly somewhat unsettling, especially since the world’s population is increasing; therefore, Mashro3ak supports investment under the umbrella of the agricultural sector in order to keep pace with the demand for food.