Microgreens Market Report 2022The Microgreens market is primarily driven by the increasing product demand across the expanding culinary industry.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 Microgreens Market Report. 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, tender vegetable shoots and seedlings. Usually harvested within 7-14 days after germination, they consist of fully developed cotyledon leaves with one pair of partially developed true leaves. These vegetable greens are approximately 1-3 inches tall and are cultivated using a wide range of farming practices, such as vertical farming, indoor farming, and commercial greenhouses. They are highly nutritious in nature and widely used to enhance the color, texture, and flavor of foods.
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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 product demand across the expanding culinary industry. The premiumization of the product, coupled with its augmenting usage as flavor enhancements and colorful garnishes, is also providing a significant boost to the market. Moreover, the rising adoption of microgreen oils and ingredients in cosmetics and personal products is contributing to the product demand. Furthermore, the growing awareness regarding high-tech farming methods, such as hydroponics, aeroponics and aquaponics, and the emergence of farm mechanization are also propelling the market growth.
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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.)
- 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.
Breakup by Type:
- Broccoli
- Cabbage
- Cauliflower
- Arugula
- Peas
- Basil
- Radish
- Others
Breakup by Farming Method:
- Indoor Vertical Farming
- Commercial Greenhouses
- Others
Breakup by End-Use:
- Residential
- Commercial
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Retail Stores
- Others
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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