Microgreens Market - Forecast(2024 - 2030)

Report Code: FBR 0594 Report Format: PDF + Excel

Microgreens Market Overview:

The global Microgreens Market size was valued at USD 1.52 billion in 2020, and it is expected to reach USD 2.3 billion by 2030, growing at a compound annual growth rate (CAGR) of 11% from 2023 to 2030.

Health and Nutrition Awareness Microgreens are considered a superfood due to their concentrated nutrients, antioxidants, and essential vitamins. As people become more health-conscious, the demand for nutrient-rich foods like microgreens has risen.
Culinary Use Microgreens are used as garnishes, toppings, and flavor enhancers in various dishes, including salads, sandwiches, soups, and entrees.

Chefs and food establishments incorporate them to add both visual appeal and unique taste to their creations.
Urban Agriculture and Sustainability the rise of urban agriculture and sustainable farming practices has supported the growth of microgreens. Their short growth cycle and ability to be cultivated in small spaces make them an attractive choice for urban farmers and home gardeners.

Market Snapshot: 

Microgreens Market - Report Coverage:

The “Microgreens Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Microgreens market.

          Attribute

              Segment




By Product Type

  • Broccoli

  • Cabbage

  • Cauliflower

  • Arugula

  • Peas

  • Basil

  • Radish

  • Cress

  • Others


Report coverage

  • Revenue forecast, company ranking, competitive landscape, growth factors, and trends


By farming

  • Indoor vertical farming  

  • Commercial greenhouse

  • Others


By End User

  • Retail

  • Food

  • Service

  • Others


Growth Medium

  • Coconut Coir

  • Peat Moss

  • Soil

  • Tissue Paper and

  • Other Growth Mediums


By Distribution Channel

  • Supermarkets and Hypermarkets

  • Restaurants and

  • Other Distribution Channels

 

Microgreens Market - Top Trends:

Growing Demand for Authentic and Premium Products: Consumers were increasingly seeking high-quality and authentic Microgreens, especially those labeled with PDO (Protected Designation of Origin) or PGI (Protected Geographical Indication), which ensured the cheese's origin and adherence to traditional production methods. 

Global Popularity and Export Opportunities: Microgreens had gained popularity worldwide, leading to increased export opportunities for producers, as it was used not only in Italian cuisine but also as a versatile ingredient in various international dishes. 

Increased Focus on Sustainability: Consumers were showing greater interest in sustainability and eco-friendly practices. Microgreens producers were exploring sustainable farming, energy-efficient production, and environmentally friendly packaging to meet these demands. 

Technological Advancements in Cheese Production: While traditional methods remained the cornerstone of Microgreens production, some producers were adopting modern technologies for improved efficiency, quality control, and traceability. 

Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the Incinerator Market Report. The top 10 companies in this industry are listed below:
  1. Gotham Greens 
  2. Fresh Origins 
  3. BrightFarms 
  4. City - Hydro
  5. Eden Works 
  6. AeroFarms
  7. Urban Cultivator
  8. Lufa Farms
  9. Farm.One
  10. InFarm

Scope of Report: 

          Report Metric

              Details

Base Year Considered

2022

Forecast Period

2023 – 2030

CAGR

11%

Market Size in 2030

2.3 billion


Segments Covered

Product Type, By Distribution Channel, By Technology,

By End-Use and By Geography



Geographies Covered

North America (U.S., Canada), Europe (Germany, France, UK, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia, and Rest of South America), Rest of the World (Middle East and Africa).




Key Market Players

  1. Gotham Greens

  2. Fresh Origins

  3. BrightFarms

  4. City-Hydro

  5. Edenworks

  6. AeroFarms

  7. Urban Cultivator

  8. Lufa Farms

  9. Farm.One

  10. Infarm


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1. Microgreens Market - Overview
    1.1.Definitions and Scope
2. Microgreens Market - Executive Summary
3. Microgreens Market  - Comparative Analysis
    3.1.Company Benchmarking - Key Companies
    3.2.Global Financial Analysis - Key Companies
    3.3.Market Share Analysis - Key Companies
    3.4.Patent Analysis
    3.5.Pricing Analysis
4. Microgreens Market - Start-up Companies Scenario
    4.1.Key Start-up Company Analysis by
        4.1.1.Investment
        4.1.2.Revenue
        4.1.3.Venture Capital and Funding Scenario
5. Microgreens Market  – Market Entry Scenario Premium
    5.1.Regulatory Framework Overview
    5.2.New Business and Ease of Doing Business Index
    5.3.Case Studies of Successful Ventures
6. Microgreens Market - Forces
    6.1.Market Drivers
    6.2.Market Constraints
    6.3.Market Challenges
    6.4.Porter's Five Force Model
        6.4.1.Bargaining Power of Suppliers
        6.4.2.Bargaining Powers of Customers
        6.4.3.Threat of New Entrants
        6.4.4.Rivalry Among Existing Players
        6.4.5.Threat of Substitutes
7. Microgreens Market – Strategic Analysis
    7.1.Value Chain Analysis
    7.2.Opportunities Analysis
    7.3.Market Life Cycle
8. Microgreens Market – by Product Type 
    8.1.Broccoli
       8.1.1.Market Trends by Region
       8.1.2.Market Share & Forecast by Region
    8.2.Cabbage
       8.2.1.Market Trends by Region
       8.2.2.Market Share & Forecast by Region
    8.3.Cauliflower
        8.3.1.Market Trends by Region
        8.3.2.Market Share & Forecast by Region
    8.4.Arugula     
        8.4.1.Market Trends by Region
        8.4.2.Market Share & Forecast by region
    8.5.Peas
        8.5.1.Market Trends by Region
        8.5.2.Market Share & Forecast by region
    8.6.Basil
        8.6.1.Market Trends by Region
        8.6.2.Market Share & Forecast by region
    8.7.Radish
        8.7.1.Market Trends by Region
        8.7.2.Market Share & Forecast by region
    8.8.Cress
        8.8.1.Market Trends by Region
        8.8.2.Market Share & Forecast by region
    8.9.Others
        8.9.1.Market Trends by Region
        8.9.2.Market Share & Forecast by region
8.Microgreens Market – By Farming
    8.1.Indoor Vertical Farming
        8.1.1.Market Trends by Region
        8.1.2.Market Share & Forecast by Region
    8.2.Commercial Green House
        8.2.1.Market Trends by Region
        8.2.2.Market Share & Forecast by Region
    8.3.Others
        8.3.1.Market Trends by Region
        8.3.2.Market Share & Forecast by Region
8. Microgreens Market – By Growth Medium 
    8.1.Coconut Coir
        8.1.1.Market Trends by Region
        8.1.2.Market Share & Forecast by Region
    8.2.Peat Moss
        8.2.1.Market Trends by Region
        8.2.2.Market Share & Forecast by Region
    8.3.Soil
        8.3.1.Market Trends by Region
        8.3.2.Market Share & Forecast by Region
    8.4.Tissue Paper and
        8.4.1.Market Trends by Region
        8.4.2.Market Share & Forecast by Region
    8.5.Other Growth Mediums
        8.5.1.Market Trends by Region
        8.5.2.Market Share & Forecast by Region
9. Microgreens Market – by Distribution Channel 
    9.1.Supermarkets and Hypermarkets
        9.1.1.Market Trends by Region
        9.1.2.Market Share & Forecast by Region
    9.2.1.Restaurants and 
        9.2.1.Market Trends by Region
        9.2.2.Market Share & Forecast by Region
    9.3.Other Distribution Channels
        9.3.1.Market Trends by Region
        9.3.2.Market Share & Forecast by Region
10.Microgreens Market – by End-Use (Market Size – $Million/$Billion) 
    10.1.Retail
        10.1.1.Market Trends by Region
        10.1.2.Market Share & Forecast by Region
    10.2.Food
        10.2.1.Market Trends by Region
        10.2.2.Market Share & Forecast by Region
    10.3.Service
        10.3.1.Market Trends by Region
        10.3.2.Market Share & Forecast by Region
    10.4.Others
        10.4.1.Market Trends by Region
        10.4.2.Market Share & Forecast by Region
11.Microgreens Market – by Geography (Market Size – $Million/$Billion) 
    11.1.North America
        11.1.1.The U.S.
        11.1.2.Canada
        11.1.3.Europe
        11.1.4.UK
        11.1.5.Germany
        11.1.6.France
        11.1.7.Italy
        11.1.8.Spain
        11.1.9.Russia
        11.1.10.Rest of Europe
    11.2.Asia-Pacific
        11.2.1.China
        11.2.2.India
        11.2.3.Japan
        11.2.4.South Korea
        11.2.5.Australia & New Zealand
        11.2.6.Rest of Asia-Pacific
    11.3.South America
       11.3.1.Brazil
       11.3.2.Argentina
       11.3.3.Chile
       11.3.4.Colombia
       11.3.5.Rest of South America
    11.4.Rest of the World
       11.4.1.Middle East
       11.4.2.Africa
12.Microgreens Market – Entropy
       12.1.1.Market Trends by Region
       12.1.2.Market Share & Forecast by Region
13.Microgreens Market – Industry/Segment Competition Landscape
    13.1.Market Share Analysis
       13.1.1.Market Share by Product Type – Key Companies
       13.1.2.Market Share by Region – Key Companies
       13.1.3.Market Share by Country – Key Companies
    13.2.Competition Matrix
    13.3.Best Practices for Companies
14.Microgreens Market – Key Company List by Country Premium
15.Microgreens Market - Company Analysis
    15.1.Gotham Greens
    15.2.Fresh Origins
    15.3.BrightFarms
    15.4.City-Hydro
    15.5.Edenworks
    15.6.AeroFarms
    15.7.Urban Cultivator
    15.8.Lufa Farms
    15.9.Farm.One
    15.10.Infarm
    15.11.The Chef's Garden
    15.12.Square Roots
    15.13.Plenty
    15.14.UrbanKisaan
    15.15.Bowery Farming
    15.16.LocalGarden
    15.17.PlantLab
    15.18.Green City Growers
    15.19.Grove Labs
    15.20.Patch

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The Microgreens Market is projected to grow at 11% CAGR during the forecast period 2023-2030.

Microgreens Market size is Estimated to reach 2.3 billion by 2030

The Top Companies in the Microgreens Market are Gotham Greens, Fresh Origins, Bright Farms, City-Hydro, Edenworks, AeroFarms, Urban Cultivator., Lufa Farms, Farm One, Infam.