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Microgreens Market Expected to Grow to $2.2 Billion by 2028, Driven by Health Trends and Farming Innovations

08-12-2024 06:21 AM CET | Food & Beverage

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
The microgreens market, valued at $1.3 billion in 2019, is set to reach $2.2 billion by 2028, growing at a CAGR of 11.1%.

The microgreens market, valued at $1.3 billion in 2019, is set to reach $2.2 billion by 2028, growing at a CAGR of 11.1%.

According to a new report published by Allied Market Research, titled, "Microgreens Market," The microgreens market size was valued at $1.3 billion in 2019, and is estimated to reach $2.2 billion by 2028, growing at a CAGR of 11.1% from 2021 to 2028.

โ–ถ๏ธ ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/9098

Microgreens are young, tender vegetable greens that are approximately 1-3 inches tall. They are harvested 7-14 days after germination, when they have two fully developed cotyledon leaves. Often called vegetable confetti. Microgreens are basically used to enhance the color, texture, or flavor of different foods such as pasta, pizza, omelets, and salads, due to their intense aromatic flavor and variety of colors and textures. They constituent a number of vitamins, minerals, and antioxidants.

Microgreens are edible plants harvested in the juvenile growth stage, ready in 7 to 14 days. Cultivated in indoor vertical and greenhouse farming for controlled environments. Popular among health-conscious individuals for their vitamins and antioxidants.

๐Ÿ“๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ
๐Ÿ‘‰ Rise in adoption of protected cultivation, government support, and financial assistance to farmers.
๐Ÿ‘‰ Increasing use of microgreens in the food services industry for flavor and texture enhancement.
๐Ÿ‘‰ COVID-19 pandemic impacting the supply chain, especially affecting restaurants and the food & beverage industry.

๐Ÿ“๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:
๐Ÿ‘‰ Types: Broccoli, cabbage, cauliflower, arugula, peas, radish, basil, carrots, and others.
๐Ÿ‘‰ Farming: Indoor vertical farming, commercial greenhouses, and others.
๐Ÿ‘‰ End Users: Retail, food service, and others.

โ–ถ๏ธ ๐†๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง https://www.alliedmarketresearch.com/request-for-customization/A08733

๐Ÿ“๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ
๐Ÿ‘‰ Arugula microgreens segment valued at $205.6 million in 2019, projected to reach $308.3 million by 2028.
๐Ÿ‘‰ Commercial greenhouse farming segment estimated to reach $642.6 million by 2028, growing at a CAGR of 9.9%.
๐Ÿ‘‰ Europe valued at $415.5 million in 2019, expected to reach $640.3 million by 2028, with a CAGR of 9.7%.

โ–ถ๏ธ ๐“๐ก๐ž ๐ค๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ ๐ฅ๐จ๐›๐š๐ฅ
โฆ AeroFarms
โฆ Fresh Origins
โฆ Gotham Greens
โฆ Madar Farms
โฆ 2BFresh
โฆ The Chef's Garden Inc.
โฆ Farmbox Greens LLC
โฆ Living Earth Farm
โฆ TruLeaf Sustainable Agriculture
โฆ Bowery Farming.

โ–ถ๏ธ ๐๐”๐˜ ๐๐จ๐ฐ https://www.alliedmarketresearch.com/checkout-final/cdcd167a837897126eacf559877b87f7

Furthermore, government is actively supporting the greenhouse farmers by providing subsidy and technical help, which is expected to increase the area under greenhouse farming. Region wise, Europe was valued at $415.5 million in 2019, and is expected to reach $640.3 million by 2028, registering a CAGR of 9.7% from 2021 to 2028. Growing start-ups who deals in production and selling of the microgreens are majorly favoring the growth of the Europe microgreens market during the forecast period. For instance, Infarm, founded in 2013, the Berlin-based startup, has developed vertical farming tech for grocery stores, restaurants, and local distribution centers to bring fresh and artisan produce much closer to the consumer is expanding to Paris.

The players operating in the microgreens industry have adopted product launch and business expansion as their key developmental strategies to expand their Microgreens Market Share, increase profitability, and remain competitive in the market. The key players profiled in this report include AeroFarms, Fresh Origins, Gotham Greens, Madar Farms, 2BFresh, The Chef's Garden Inc., Farmbox Greens LLC, Living Earth Farm, TruLeaf Sustainable Agriculture, and Bowery Farming.

โ–ถ๏ธ ๐“๐š๐ฅ๐ค ๐ญ๐จ ๐จ๐ฎ๐ซ ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ https://www.alliedmarketresearch.com/connect-to-analyst/A08733

๐Ÿ“ž๐‚๐จ๐ง๐ญ๐š๐œ๐ญ

David Correa
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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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