Microgreens Market Demand, Industry Growth Analysis, Share, Size, and Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Microgreens Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global microgreen market trends, share, size, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the microgreens market?

Market Size in 2022: US$ 1,522 Million

Market Forecast in 2028: US$ 2,470 Million

Growth rate (2023 to 2028): CAGR of 8.3%

Base Year of the Analysis: 2022

Forecast Period: 2023-2028

What are microgreens?

Microgreens include a class of edible young plants and herbs that are harvested just after the first true leaves have developed. They are essentially seedlings of vegetables and herbs that are densely packed with nutrients and are typically harvested within 7-14 days of germination. They can include a variety of species, such as red cabbage, broccoli, radish, kale, mustard, and others. They are vibrant and delicate and offer an intense flavor profile that makes them an appealing addition to salads, soups, sandwiches, and a variety of culinary dishes. As a versatile food product, microgreens are considered a powerhouse of nutrition, often containing higher vitamin, mineral, and antioxidant levels than the same quantity of mature greens. Their increasing use in high-end cuisine and their touted health benefits have positioned them at the forefront of the 'health and wellness' food trend.

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What are the growth prospects and trends in the microgreens industry?

The escalating demand for nutrient-rich food during the global health crisis majorly drives the global market. This can be supported by the rising consumer awareness about the health benefits of microgreens and their role in promoting wellness. Along with this, microgreens are increasingly adopted in the restaurant industry for their aesthetic appeal and unique flavor profiles, enhancing the culinary experience. Given the limited space in urban areas, there is also a growing trend toward urban farming and vertical agriculture, influencing microgreens cultivation. Apart from this, the advancements in farming techniques and the advent of hydroponic systems have eased the cultivation process of these greens, even in non-traditional farming settings. This, in confluence with the increasing consumer preference for organic and non-GMO products, is driving the demand for organic microgreens. Furthermore, initiatives by governments and international organizations to promote healthy eating habits are creating a positive market outlook.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

• Broccoli
• Cabbage
• Cauliflower
• Arugula
• Peas
• Basil
• Radish
• Others 

Farming Method Insights:

• Indoor Vertical Farming
• Commercial Greenhouses
• Others

End Use Insights:

• Residential
• Commercial

Distribution Channel Insights:

• Supermarkets and Hypermarkets
• Retail Stores
• Others

Regional Insights:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including: 

• 2BFresh (Teshuva Agricultural Projects Ltd.)
• AeroFarms
• 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

Also Read Full Blog: Top Microgreens Companies Worldwide

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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