Global Microgreens Market Overview:
The latest report published by IMARC Group, titled “Microgreens Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global microgreens market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global microgreens market reached a value of US$ 1,385 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 2,284 Million by 2027, exhibiting a CAGR of 8.58% during 2022-2027.
Microgreens are young and tender leafy vegetables that are harvested 7-14 days after germination. They consist of two fully developed cotyledon leaves, which enhance the color, texture, and flavors of various dishes. Microgreens are a rich source of nutrients, including vitamins, minerals, antioxidants and fibers. Some commonly used microgreens include broccoli, basil, amaranth, beet, quinoa, dill, garlic, cucumber, lettuce, and pak choi. Nowadays, these vegetables are increasingly used in pasta, pizza, salads, and omelets due to their intense aromatic flavors and high nutrient content.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Microgreens Market Trends:
The market is primarily driven by the increasing demand for healthy, functional, and nutritional food. The rising consumption of microgreens on a regular basis helps prevent chronic medical ailments, manage weight, enhance immunity, and promote mental well-being. In addition to this, the rising adoption of innovative farming techniques, such as indoor vertical and greenhouse farming, hydroponics, aeroponics, and aquaponics, and the growing awareness regarding farm mechanization are also providing a positive impact on the market growth. Moreover, microgreens-based oils and ingredients are utilized in cosmetics and personal care products like shampoos and skincare items. Furthermore, governments across various countries are implementing favorable initiatives to promote sustainable agricultural practices and increasing expenditure on premium and nutrient-rich food, which, in turn, is fueling market growth.
Global Microgreens Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players being:
- 2BFresh (Teshuva Agricultural Projects Ltd.)
- Bowery Farming Inc.
- Farmbox Greens LLC (Charlie’s Produce)
- Fresh Origins
- GoodLeaf Farms (TruLeaf)
- Gotham Greens
- Living Earth Farm
- Madar Farms
- Metro Microgreens
- The Chef’s Garden Inc.
Market by Type:
Breakup by Farming Method:
- Indoor Vertical Farming
- Commercial Greenhouses
Market by End-Use:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Retail Stores
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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