Global Microgreens Market 2024-2028
The microgreens market is forecasted to grow by USD 986.03 mn during 2023-2028, accelerating at a CAGR of 11.1% during the forecast period. The report on the microgreens market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing health awareness among public, rising demand for functional foods, and urbanization and changing lifestyles.
Technavio's microgreens market is segmented as below:
By Type
Indoor vertical farming
Commercial greenhouse
Others
By Distribution Channel
Offline
Online
By Geography
North America
Europe
APAC
South America
Middle East and Africa
This study identifies the expansion of urban farming and local expenditure as one of the prime reasons driving the microgreens market growth during the next few years. Also, rising popularity of culinary applications and increased awareness of sustainable and organic farming practices will lead to sizable demand in the market.
The report on the microgreens market covers the following areas:
Microgreens market sizing
Microgreens market forecast
Microgreens market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading microgreens market vendors that include AeroFarms LLC, Arizona Microgreens, BrightFresh, Charlies Produce, Dream Harvest, Emerald Gardens Microgreens, Farm.One Inc., Freight Farms Inc., Fresh Origins, Garden Guru, Kalera Inc., Living Earth Farm, Metro Microgreens, Pure Microgreens LI Inc., Quantum Green, Teshuva Agricultural Projects Ltd., The Chefs Garden, TruLeaf, Gotham Greens Holdings LLC, and SUBA SEEDS Co. Spa. Also, the microgreens market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.