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Report
Global Microgreens Market Report and Forecast 2024-2032
Market Report I 2024-05-01 I 187 Pages I EMR Inc.
Global Microgreens Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global microgreens market size reached a value of USD 2.29 billion in 2023. Aided by the rising consumer interest in nutritionally enriched foods and the trend towards urban farming, the market is projected to further grow at a CAGR of 9.70% between 2024 and 2032 to reach a value of USD 5.31 billion by 2032.
Microgreens are young vegetable greens, harvested just after the cotyledon leaves have developed, and are used both as a visual and flavour component in dishes. They are highly nutritious, often containing higher vitamin, mineral, and antioxidant levels than the same quantity of mature vegetables. Microgreens can include a variety of edible young greens from plants like arugula, radish, basil, peas, beet, and many others.
The microgreens market growth is being driven by the expansion of the cosmetics and skin care sectors, which is a result of higher disposable incomes and increased celebrity endorsements. Microgreens like clovers, broccoli, and radishes offer numerous benefits when applied topically. When combined, these microgreens form a powerful blend that is rich in beta-carotene and vitamins C, K, and E.
The demand for microgreens is largely fuelled by the growing health consciousness among consumers worldwide. With a higher concentration of vitamins and antioxidants, microgreens are recognised for their health benefits, including reduced risk of chronic diseases, enhanced immunity, and better digestion. The increasing awareness about these health benefits has led to greater consumption among health-conscious consumers, particularly within urban populations.
Microgreens have also gained popularity in the culinary world due to their intense flavours and aesthetic appeal, making them a favourite among chefs and home cooks alike. Their ability to enhance the visual presentation of a dish and add unique flavours has made them a staple in gourmet kitchens and high-end restaurants, consequently driving up the microgreens market share.
Advancements in farming technologies have significantly impacted the microgreens market. Hydroponic systems, vertical farming, and controlled environment agriculture (CEA) are some of the modern farming practices that have allowed for the year-round production of microgreens regardless of geographic and climatic conditions. These technologies also reduce water usage and increase crop yields, making microgreen farming more sustainable and economically viable, leading to the microgreens market development.
The urban farming movement has been a key driver for the microgreens market. City dwellers are increasingly turning to urban agriculture to grow their own food, driven by the desire for fresh produce and sustainability concerns. Microgreens, due to their small size and ability to thrive in limited spaces, are particularly well-suited for urban environments, further boosting their popularity and leading to microgreens market expansion.
The commercial sector is expected to hold a substantial portion of the market in the foreseeable future. This expansion can be credited to the growing utilisation of microgreens in a wide range of dishes, including omelettes, salads, and pastas, in establishments such as restaurants, food joints, and hotels. This trend is driven by the increasing demand for organic and nutritious food options. Additionally, microgreens contribute to enhancing the overall texture, flavour, and presentation of dishes, making them an excellent choice for garnishing purposes.
As per the microgreens market analysis, North America currently leads the global market, with widespread adoption in the United States and Canada, driven by health trends and advanced agricultural technologies. Additionally, Europe shows robust growth, supported by increased health awareness and the popularity of innovative, sustainable farming techniques. Meanwhile, Asia-Pacific is expected to witness significant growth due to rising urbanisation, expanding middle class, and increasing health consciousness, particularly in countries like China and India.
Market Segmentation
The market can be divided based on the product, farming method, distribution channel, end use, and region
Market Breakup by Product
- Cabbage
- Peas
- Radish
- Broccoli
- Lettuce and Chicory
- Basil
- Carrot
- Sunflower
- Fennel
- Others
Market Breakup by Farming Method
- Indoor Farming
- Vertical Farming
- Commercial Greenhouse
- Others
Market Breakup by Distribution Channel
- Supermarket/Hypermarket
- Retail Stores
- Online
- Others
Market Breakup by End Use
- Residential
- Commercial
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global microgreens market. Some of the major players explored in the report by Expert Market Research are as follows:
- GoodLeaf Community Farms Limited
- Farmbox Greens
- Metro Microgreens
- Superior Fresh
- Teshuva Agricultural Projects Ltd.
- Farm.One, Inc.
- Chef's Garden Inc
- Living Earth Farm
- AeroFarms LLC
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Microgreens Market Analysis
8.1 Key Industry Highlights
8.2 Global Microgreens Historical Market (2018-2023)
8.3 Global Microgreens Market Forecast (2024-2032)
8.4 Global Microgreens Market by Product
8.4.1 Cabbage
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Peas
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Radish
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Broccoli
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Lettuce and Chicory
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Basil
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Carrot
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.4.8 Sunflower
8.4.8.1 Historical Trend (2018-2023)
8.4.8.2 Forecast Trend (2024-2032)
8.4.9 Fennel
8.4.9.1 Historical Trend (2018-2023)
8.4.9.2 Forecast Trend (2024-2032)
8.4.10 Others
8.5 Global Microgreens Market by Farming Method
8.5.1 Indoor Farming
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Vertical Farming
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Commercial Greenhouse
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Microgreens Market by Distribution Channel
8.6.1 Supermarket/Hypermarket
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Retail Stores
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Online
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Microgreens Market by End Use
8.7.1 Residential
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Commercial
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Microgreens Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Microgreens Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Microgreens Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Microgreens Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Microgreens Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Microgreens Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 GoodLeaf Community Farms Limited
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Farmbox Greens
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Metro Microgreens
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Superior Fresh
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Teshuva Agricultural Projects Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Farm.One, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Chef's Garden Inc
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Living Earth Farm
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 AeroFarms LLC
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Microgreens Market: Key Industry Highlights, 2018 and 2032
2. Global Microgreens Historical Market: Breakup by Product (USD Billion), 2018-2023
3. Global Microgreens Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. Global Microgreens Historical Market: Breakup by Farming Method (USD Billion), 2018-2023
5. Global Microgreens Market Forecast: Breakup by Farming Method (USD Billion), 2024-2032
6. Global Microgreens Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Global Microgreens Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Global Microgreens Historical Market: Breakup by End Use (USD Billion), 2018-2023
9. Global Microgreens Market Forecast: Breakup by End Use (USD Billion), 2024-2032
10. Global Microgreens Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Microgreens Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Microgreens Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Microgreens Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Microgreens Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Microgreens Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Microgreens Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Microgreens Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Microgreens Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Microgreens Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Microgreens Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Microgreens Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Microgreens Market Structure
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