Global Lettuce Market is about to grow at a CAGR of more than 5% over the forecast period (2022 - 2028)

According to the latest research by SkyQuest Technology, the Global Lettuce Market was valued at US$ XX billion in 2021, and it is expected to reach a value of US$ XX billion by 2028, at a CAGR of XX% during the forecast period of 2022 - 2028. The research provides up-to-date Lettuce market analysis of the current market landscape, latest trends, drivers, and overall market environment.
During the pandemic, demand for lettuce in the HoReCa (Hotel, Restaurant, Café) sector declined, although this was countered by an increase in sales to the retail market. Due to a high lettuce crop in 2020, an increase in imported supplies, and a reduction in exports, the market equilibrium was preserved. Prices were able to remain steady because of this. Over the last five years, the market share of organic lettuce has more than quadrupled, reaching 7%, and is expected to rise further. Households were in high demand for pre-packaged lettuce because of lockdowns and the associated tendency toward more home cooking. Salad kits with varied tastes, herbal fragrances, and spices have emerged as a viable food market trend.

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Imported lettuce was likewise in great demand. The amount of lettuce and chicory imported into the nation increased by 3.1% year on year to 376K tonnes in 2020-2021. Mexico continues to be the leading supplier of lettuce to the United States, accounting for 91% of supplies. Canada supplies 8.5% of the overall supply, and these two nations account for virtually all of the imported lettuce demand.

Read the market research report, " Global Lettuce Market by Type (Frozen, Fresh), By Application (Supermarkets, Grocery Stores, Convenience Stores, Others), & By Region - Forecast and Analysis 2022-2028" by SkyQuest
In terms of region, Asia Pacific is the largest and fastest growing market. Lettuce cultivation in China is primarily situated in the southern Chinese provinces of Yunnan and Hainan. In these areas, lettuce is cultivated in the open ground; nevertheless, greenhouse crops are gaining popularity, owing to a growing worry of pollution and a scarcity of agricultural land. Iceberg, Chinese lettuce, red lettuce, and Romaine are the most common lettuce kinds. The convenience market is also gaining traction.

The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about Lettuce Market Revenue. The projections featured in the report have been derived using proven research methodologies and assumptions.

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Report Findings
Drivers
● Increasing demand for fresh lettuce in salads because leaf lettuce contains folate, which can help prevent birth abnormalities. Many leafy greens contain beta-carotene. Beta-carotene aids in the prevention of cancer, heart disease, and cataracts. Lettuce also includes iron, which can aid in the prevention of anemia.
Restraint
• Prices for farmers are rising as a result of the Ukraine war and Chinese lockdowns. Even China's closure is having an impact on the global supply chain. The food chain is currently bearing the costs of the pandemic.

What does this Report Deliver?
● Market Estimation for 20+ Countries
● Lettuce Market demand by Region, Sub-Region, and Country
● Customization on Segments, Regions, and Company Profiles
● 100+ tables, 150+ Figures
● Global, Regional and Country-specific Lettuce Market Trends
● Comprehensive Mapping of Lettuce Industry Parameters
● Attractive Investment Proposition in the Global Lettuce Industry
● Competitive Strategies Adopted by Lettuce Market Key Players
● Drivers, Restraints, Opportunities, Challenges, and the impact on the Lettuce Market Size
● Market growth rate till 2028
● Regulatory scenario, regional dynamics, and Lettuce market insights of leading countries in each region
● In-depth Market insights by Region and Country
● Market Segmentation Trend Analysis, Opportunities, and Growth
● Porter's five force analysis to know the market's condition
● Pricing Analysis and Lettuce Market Sales
● Parent market analysis
● Product portfolio benchmarking

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SkyQuest has segmented the Global Lettuce Market based on Component, Type, Application, and Region:
● Global Lettuce Market by Type (Revenue, USD Billion, 2021 - 2028)
o Frozen
o Fresh
● Global Lettuce Market by Application (Revenue, USD Billion, 2021 - 2028)
o Supermarkets
o Grocery Stores
o Convenience Stores
o Others
● Global Lettuce Market by Region (Revenue, USD Billion, 2021 - 2028)
o North America
▪ US
▪ Canada
o Europe
▪ Germany
▪ France
▪ UK
▪ Italy
▪ Spain
▪ Rest of Europe
o Asia Pacific
▪ China
▪ India
▪ Japan
▪ Rest of Asia Pacific
o Central & South America
▪ Brazil
▪ Rest of CSA
o Middle East & Africa
▪ GCC Countries
▪ South Africa
▪ Rest of MEA

Key Players in the Global Lettuce Market
● Chuntian Agricutural (China)
● Yunnan Chuntian Agricultural Products Co., Ltd (China)
● Ocean Mist Farms (US)
● UNFI Produce (US)
● Coosemans LA Inc (US)
● The Ruby Company (US)

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This release was published on openPR.