Global Sorrel Microgreen Market Size study & Forecast, by Farming (Indoor Farming, Vertical Farming, Commercial Greenhouse), by Growth (Peat Moss, Soil, Coconut Choir, Tissue Paper), by Distribution Channel (Hypermarkets, Supermarkets, Restaurants) and Regional Analysis, 2022-2029
Global Sorrel Microgreen Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. The leaves of Micro Sorrel are elongated, oval, and taper slightly to a curved or pointed tip. The bright green leaves are smooth, flat, pliable, and uniform, with a prominent central midrib on the underside. Sorrel microgreens are considered rich in vitamins such as vitamin A and minerals, as well as antioxidant properties. It is used in different food applications including garnish for salads, soups, flatbreads, and pizzas. Moreover, it is being used in juices and smoothies to add flavor and color. The increasing consumption of vitamin & mineral supplements and growing number of health-conscious individuals are key factors driving the market growth.
The rising consumption of vitamin & mineral supplements is contributing towards the growth of the Global Sorrel Microgreen Market. For instance – as per Statista – in 2019, global sales of vitamin supplements were estimated at USD 57 million and vitamin sales are projected to grow to USD 84.6 million by 2025. Moreover, the global sales of minerals were estimated at USD 11.6 million in 2019 and the sales are projected to reach USD 19.4 million by 2025. Also, rising adoption of protected cultivation and growing trend of greenhouse vegetable production are key factors driving the market growth. However, side effects associated with Sorrel Microgreen hinder the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Sorrel Microgreen Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the rising demand for plant-based food products as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising penetration of leading multinational food outlets as well as growing number of health-conscious individuals in the region.
Major market players included in this report are:Farmbox Greens
Aerofarms
Chef’s Garden
Good leaf Farms
Living Earth Farms
Fresh Origins
Sun Grow Organics
Scintilla Farms
Quantum Microgreens
Fred’s Urban Farm
Recent Developments in the Market:In October 2020, Gardyn announced the launch of four new plant varieties including Italian parsley, Celery, Shiso, and Sorrel. These four can be ordered through Gardyn mobile app.
Global Sorrel Microgreen Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Farming, Growth, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:By Farming
Indoor Farming
Vertical Farming
Commercial Greenhouse
By Growth
Peat Moss
Soil
Coconut Choir
Tissue Paper
By Distribution Channel
Hypermarkets
Supermarkets
Restaurants
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies MentionedFarmbox Greens
Aerofarms
Chef’s Garden
Good leaf Farms
Living Earth Farms
Fresh Origins
Sun Grow Organics
Scintilla Farms
Quantum Microgreens
Fred’s Urban Farm
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.