Global Microgreens Market Analysis & Trends - Industry Forecast to 2030

Global Microgreens Market Analysis & Trends - Industry Forecast to 2030


Microgreens: Market Size

From $3,296.23 million in 2024, the global Microgreens market is projected to reach $7,664.25 million by 2030. Based on our analysis the market is expected to grow at a CAGR of 15.1% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include, rising methodologies for indoor, vertical and greenhouse farming, rise in use of advanced technology in farming practices and growing awareness for premium food products.

Global Microgreens Market: Market Dynamics

Growth in the cosmetics and personal care industry is likely to drive the growth of the microgreen products during the forecast period, as microgreens-based oils and ingredients are mostly in demand due to the production of consumer items such as conditioner, shampoo and skincare cosmetic products. The rise in the adoption of farm mechanization and growth in awareness regarding the high-tech farming methods such as aeroponics, hydroponics and aquaponics are anticipated to favor the growth of the microgreens market. The growing area under greenhouse farming and rapid adoption of greenhouse farming for the cultivation of the high valued crops including microgreens are likely to favor the growth of the global microgreens industry during the forecast period.

For instance, According to Agrilyst, an intelligence platform, the distribution of greenhouses across the United States in different regions varied, but the greenhouse cultivation of microgreens was the highest in South and North East regions accounting for 71% and 59%, respectively, in 2024.

On the other hand, lack of technical standardization is likely to obstruct the profit boundaries. In addition, increase in purchasing power will further boost for the microgreens market.

Impact of COVID-19 on Microgreens

Due to the COVID-19 pandemic, the supply chain has been adversely affected and the whole food & beverage industry is still undergoing losses. The Covid-19 pandemic impact and lockdown has severely affected the sales of microgreens due to the disrupted supply chain and closure of restaurants and grocery stores. However, as the world is recovering from the pandemic, the demand for microgreens is expected to rise steadily in the coming years.

By Type

Brassicaceae Segment Dominate the Market in 2024

The Brassicaceae segment made huge revenue in 2024 and growing its prominence during the forecast period. This is majorly attributed to health benefits associated with brassicaceae plants like broccoli . Broccoli microgreens such as fighting inflammation, cancer prevention, improved heart health, and improved digestion. These types of microgreens rich dark greens are a great addition to any mix due to their tangy flavor. Growth in health-conscious people and awareness regarding health benefits of the broccoli microgreens are likely to surge the growth of the global microgreens market though brassicaceae microgreens segment.

By Geography

North America Region is Leading in the Global Market Place

North America is likely to have a huge demand in the forecast period. Rise and evolution of wellness focused diets, which include green vegetables salad and organic-based food items is expected to attract people toward the microgreens. In the U.S., the demand for microgreens is witnessing growth at a significant rate; owing to health benefits associated with its consumption such as reduce risk of heart diseases, chronic diseases, cancer, and Alzheimer. Vegetable growers are focusing on cultivation of microgreens along with vegetables and increasing area under protected cultivation.

List of the Key Players Profiled in the Market Include:

• Farmbox Greens LLC
• Living Earth Farm
• AeroFarms
• The Chef's Garden Inc
• 2Bfresh Microgreens
• Shanghai Dehuan Industry Co Ltd
• Shenzhen Sunlight Lighting Co., Ltd.
• Fresh Origins
• Metro Microgreens
• Goodleaf Farms

List of the Regions/Countries Profiled in the Market Include:

North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others


1 Market Outline
1.1 Definition
1.2 Market Segmentation & Scope
1.3 Market Trends
1.4 Regulatory Factors
1.5 Technology Analysis
1.6 Application Analysis
1.7 End User Analysis
1.8 Strategic Benchmarking
1.9 Opportunity Analysis
2 Executive Summary
3 Research Methodology and Data Source
3.1 Methodology/Research Approach
3.1.1 Research Programs/Design
3.1.2 Market Size Estimation
3.2 Data Source and Assumptions
3.2.1Purchased Database
3.2.2 Company Repository
3.2.3 Secondary Sources
3.2.4 Primary Research
3.2.5 List of Assumptions
4 Market Overview
4.1 Current Trends
4.1.1 Growing Penetration for Renewable Energy
4.1.2 Growing Demand for Power Through a Reliable Power Source
4.1.3 The Need for Aggregation of Distributed Electricity
4.1.4 Growth Opportunities/Investment Opportunities
4.2 Drivers
4.3 Constraints
4.4 Impact of COVID-19
5 Market Factor Analysis
5.1 Porters Five Forces
5.1.1 Bargaining power of suppliers
5.1.2 Bargaining power of buyers
5.1.3 Threat of substitutes
5.1.4 Threat of new entrants
5.1.5 Competitive rivalry
5.2 Value Chain Analysis/Supply Chain Analysis
6 Consumer behaviour analysis/Consumer Research
6.1 Consumer trends and preferences
6.2 Factors affecting buying decision
6.3 Consumer product adoption
6.4 Observation & Recommendations
7 Virtual Power Plant Market, By Technology
7.1 Mixed Asset
DATA TABLE Mixed Asset Market Forecast to 2030 (US$ MN)
7.2 Engine Oil
DATA TABLE Engine Oil Market Forecast to 2030 (US$ MN)
7.3 Distribution Generation
DATA TABLE Distribution Generation Market Forecast to 2030 (US$ MN)
7.4 Demand Response
DATA TABLE Demand Response Market Forecast to 2030 (US$ MN)
7.5 Supply Side
DATA TABLE Supply Side Market Forecast to 2030 (US$ MN)
8 Virtual Power Plant Market, By Source
8.1 Cogeneration
DATA TABLE Cogeneration Market Forecast to 2030 (US$ MN)
8.2 Renewable Energy
DATA TABLE Renewable Energy Market Forecast to 2030 (US$ MN)
8.3 Energy Storage Systems
DATA TABLE Energy Storage Systems Market Forecast to 2030 (US$ MN)
8.4 Distributed Energy Generation System
DATA TABLE Distributed Energy Generation System Market Forecast to 2030 (US$ MN)
9 Virtual Power Plant Market, By Application
9.1 Government
DATA TABLE Government Market Forecast to 2030 (US$ MN)
9.2 Electric Vehicles
DATA TABLE Electric Vehicles Market Forecast to 2030 (US$ MN)
9.3 Defense
DATA TABLE Defense Market Forecast to 2030 (US$ MN)
9.4 Campus Systems
DATA TABLE Campus Systems Market Forecast to 2030 (US$ MN)
10 Virtual Power Plant Market, By Type
10.1 Decentralized Controlled Virtual Power Plant (VPP)
DATA TABLE Decentralized Controlled Virtual Power Plant (VPP) Market Forecast to 2030 (US$ MN)
10.2 Centralized Controlled Virtual Power Plant (VPP)
DATA TABLE Centralized Controlled Virtual Power Plant (VPP) Market Forecast to 2030 (US$ MN)
11 Virtual Power Plant Market, By Component
11.1 Information Communication Technology (ICT)
DATA TABLE Information Communication Technology (ICT) Market Forecast to 2030 (US$ MN)
11.1.1 Distribution Management System (DMS)
DATA TABLE Distribution Management System (DMS) Market Forecast to 2030 (US$ MN)
11.1.2 Smart Meters
DATA TABLE Smart Meters Market Forecast to 2030 (US$ MN)
11.1.3 Energy Management Systems (EMS)
DATA TABLE Energy Management Systems (EMS) Market Forecast to 2030 (US$ MN)
11.1.4 Supervisory Control and Data Acquisition (SCADA)
DATA TABLE Supervisory Control and Data Acquisition (SCADA) Market Forecast to 2030 (US$ MN)
11.2 Energy Generation Technology
DATA TABLE Energy Generation Technology Market Forecast to 2030 (US$ MN)
11.2.1 Solar Production
DATA TABLE Solar Production Market Forecast to 2030 (US$ MN)
11.2.2 Wind Based Energy Generation
DATA TABLE Wind Based Energy Generation Market Forecast to 2030 (US$ MN)
11.2.3 Small Power Plants
DATA TABLE Small Power Plants Market Forecast to 2030 (US$ MN)
11.2.4 Combined Heat and Power (CHP)
DATA TABLE Combined Heat and Power (CHP) Market Forecast to 2030 (US$ MN)
11.2.5 Small Hydro-Plants
DATA TABLE Small Hydro-Plants Market Forecast to 2030 (US$ MN)
11.3 Energy Storage Technologies
DATA TABLE Energy Storage Technologies Market Forecast to 2030 (US$ MN)
11.3.1 Super Conductor Magnetic Energy Storage (SMES)
DATA TABLE Super Conductor Magnetic Energy Storage (SMES) Market Forecast to 2030 (US$ MN)
11.3.2 Battery Energy Storage System (BESS)
DATA TABLE Battery Energy Storage System (BESS) Market Forecast to 2030 (US$ MN)
11.3.3 Hydraulic Pumped Energy Storage (HPES)
DATA TABLE Hydraulic Pumped Energy Storage (HPES) Market Forecast to 2030 (US$ MN)
11.3.4 Flywheel Energy Storage (FWES)
DATA TABLE Flywheel Energy Storage (FWES) Market Forecast to 2030 (US$ MN)
11.3.5 Supercapacitor Energy Storage (SCES)
DATA TABLE Supercapacitor Energy Storage (SCES) Market Forecast to 2030 (US$ MN)
12 Virtual Power Plant Market, By End User
12.1 Residential
DATA TABLE Residential Market Forecast to 2030 (US$ MN)
12.2 Commercial
DATA TABLE Commercial Market Forecast to 2030 (US$ MN)
12.3 Industrial
DATA TABLE Industrial Market Forecast to 2030 (US$ MN)
13 Virtual Power Plant Market, By Geography
13.1 North America
DATA TABLE North America Market Forecast by Countries to 2030 (US$ MN)
13.1.1 US
13.1.2 Canada
13.1.3 Mexico
13.2 Europe
DATA TABLE Europe Market Forecast by Countries to 2030 (US$ MN)
13.2.1 Germany
13.2.2 U.K
13.2.3 Italy
13.2.4 France
13.2.5 Spain
13.2.6 Rest of Europe
13.3 Asia Pacific
DATA TABLE Asia Pacific Market Forecast by Countries to 2030 (US$ MN)
13.3.1 China
13.3.2 Japan
13.3.3 India
13.3.4 Australia
13.3.5 New Zealand
13.3.6 Rest of Asia Pacific
13.4 Middle East
DATA TABLE Middle East Market Forecast by Countries to 2030 (US$ MN)
13.4.1 Saudi Arabia
13.4.2 UAE
13.4.3 Rest of Middle East
13.5 Latin America
DATA TABLE Latin America Market Forecast by Countries to 2030 (US$ MN)
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Rest of Latin America
13.6 Rest of the World (RoW)
DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2030 (US$ MN)
13.6.1 South Africa
13.6.2 Others
14 Key Player Activities
14.1 Acquisitions & Mergers
14.2 Agreements, Partnerships, Collaborations and Joint Ventures
14.3 Product Launch & Expansions
14.4 Other Activities
15 Leading Companies
15.1 ABB Ltd
15.2 Cisco Systems, Inc.
15.3 General Electric Company
15.4 Hitachi, Ltd.
15.5 International Business Machines Corporation
15.6 Robert Bosch GmbH
15.7 Schneider Electric SE
15.8 Blue Pillar, Inc.
15.9 Siemens AG
15.10 Autogrid Systems, Inc.
15.11 Novartis AG
15.12 Samsung Heavy Industries Co.
15.13 Generac Holdings Inc.
15.14 Flexitricity Ltd
15.15 Limejump Ltd
List of Tables
Table 1 Global Virtual Power Plant Market By Region, Market Forecast (2022-2030) (US $MN)
Table 2 Global Virtual Power Plant Market By Technology, Market Forecast (2022-2030) (US $MN)
Table 3 Global Virtual Power Plant Market By Mixed Asset, Market Forecast (2022-2030) (US $MN)
Table 4 Global Virtual Power Plant Market By Engine Oil, Market Forecast (2022-2030) (US $MN)
Table 5 Global Virtual Power Plant Market By Distribution Generation, Market Forecast (2022-2030) (US $MN)
Table 6 Global Virtual Power Plant Market By Demand Response, Market Forecast (2022-2030) (US $MN)
Table 7 Global Virtual Power Plant Market By Supply Side, Market Forecast (2022-2030) (US $MN)
Table 8 Global Virtual Power Plant Market By Source, Market Forecast (2022-2030) (US $MN)
Table 9 Global Virtual Power Plant Market By Cogeneration, Market Forecast (2022-2030) (US $MN)
Table 10 Global Virtual Power Plant Market By Renewable Energy, Market Forecast (2022-2030) (US $MN)
Table 11 Global Virtual Power Plant Market By Energy Storage Systems, Market Forecast (2022-2030) (US $MN)
Table 12 Global Virtual Power Plant Market By Distributed Energy Generation System, Market Forecast (2022-2030) (US $MN)
Table 13 Global Virtual Power Plant Market By Application, Market Forecast (2022-2030) (US $MN)
Table 14 Global Virtual Power Plant Market By Government, Market Forecast (2022-2030) (US $MN)
Table 15 Global Virtual Power Plant Market By Electric Vehicles, Market Forecast (2022-2030) (US $MN)
Table 16 Global Virtual Power Plant Market By Defense, Market Forecast (2022-2030) (US $MN)
Table 17 Global Virtual Power Plant Market By Campus Systems, Market Forecast (2022-2030) (US $MN)
Table 18 Global Virtual Power Plant Market By Type, Market Forecast (2022-2030) (US $MN)
Table 19 Global Virtual Power Plant Market By Decentralized Controlled Virtual Power Plant (VPP), Market Forecast (2022-2030) (US $MN)
Table 20 Global Virtual Power Plant Market By Centralized Controlled Virtual Power Plant (VPP), Market Forecast (2022-2030) (US $MN)
Table 21 Global Virtual Power Plant Market By Component, Market Forecast (2022-2030) (US $MN)
Table 22 Global Virtual Power Plant Market By Information Communication Technology (ICT), Market Forecast (2022-2030) (US $MN)
Table 23 Global Virtual Power Plant Market By Distribution Management System (DMS), Market Forecast (2022-2030) (US $MN)
Table 24 Global Virtual Power Plant Market By Smart Meters, Market Forecast (2022-2030) (US $MN)
Table 25 Global Virtual Power Plant Market By Energy Management Systems (EMS), Market Forecast (2022-2030) (US $MN)
Table 26 Global Virtual Power Plant Market By Supervisory Control and Data Acquisition (SCADA), Market Forecast (2022-2030) (US $MN)
Table 27 Global Virtual Power Plant Market By Energy Generation Technology, Market Forecast (2022-2030) (US $MN)
Table 28 Global Virtual Power Plant Market By Solar Production, Market Forecast (2022-2030) (US $MN)
Table 29 Global Virtual Power Plant Market By Wind Based Energy Generation, Market Forecast (2022-2030) (US $MN)
Table 30 Global Virtual Power Plant Market By Small Power Plants, Market Forecast (2022-2030) (US $MN)
Table 31 Global Virtual Power Plant Market By Combined Heat and Power (CHP), Market Forecast (2022-2030) (US $MN)
Table 32 Global Virtual Power Plant Market By Small Hydro-Plants, Market Forecast (2022-2030) (US $MN)
Table 33 Global Virtual Power Plant Market By Energy Storage Technologies, Market Forecast (2022-2030) (US $MN)
Table 34 Global Virtual Power Plant Market By Super Conductor Magnetic Energy Storage (SMES), Market Forecast (2022-2030) (US $MN)
Table 35 Global Virtual Power Plant Market By Battery Energy Storage System (BESS), Market Forecast (2022-2030) (US $MN)
Table 36 Global Virtual Power Plant Market By Hydraulic Pumped Energy Storage (HPES), Market Forecast (2022-2030) (US $MN)
Table 37 Global Virtual Power Plant Market By Flywheel Energy Storage (FWES), Market Forecast (2022-2030) (US $MN)
Table 38 Global Virtual Power Plant Market By Supercapacitor Energy Storage (SCES), Market Forecast (2022-2030) (US $MN)
Table 39 Global Virtual Power Plant Market By End User, Market Forecast (2022-2030) (US $MN)
Table 40 Global Virtual Power Plant Market By Residential, Market Forecast (2022-2030) (US $MN)
Table 41 Global Virtual Power Plant Market By Commercial, Market Forecast (2022-2030) (US $MN)
Table 42 Global Virtual Power Plant Market By Industrial, Market Forecast (2022-2030) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings