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Cabbages And Other Brassicas Market Outlook, Market Share, Size, Growth Status And Forecast To 2033
"The Business Research Company recently released a comprehensive report on the Global Cabbages And Other Brassicas Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.According to The Business Research Company's, The cabbages and other brassicas market size has grown steadily in recent years. It will grow from $37.27 billion in 2023 to $38.89 billion in 2024 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to increased consumer awareness of the health benefits associated with cabbages and other brassicas, rise in health consciousness among consumers, an increase in plant-based diets, and a rise in plant-based diets.
The cabbages and other brassicas market size is expected to see steady growth in the next few years. It will grow to $46.65 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to increasing consumer preference for sustainably sourced and environmentally friendly products, expansion of international trade networks, globalization of food supply chains, evolving food safety regulations, and rise in demand for convenience foods. Major trends in the forecast period include advancements in agricultural practices, introducing innovative products derived from cabbages and other brassicas, eco-friendly packaging options for cabbages, development of specialty varieties of cabbages and other brassicas, and digitization of supply chain.
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Market Drivers and Trends:
Increasing demand for organic food is expected to propel the cabbage and other brassicas market going forward. Organic food refers to agricultural products that are grown and processed without the use of synthetic pesticides, fertilizers, genetically modified organisms (GMOs), antibiotics, or artificial additives. The surge in demand for organic food can be attributed to increasing consumer awareness of health and environmental concerns, as well as a growing preference for natural and sustainable food options, fueling demand for eco-friendly alternatives. These cabbages and other brassicas plants, which are members of the Brassicaceae family that includes kale, broccoli, and cauliflower, are high in vitamins, minerals, and antioxidants, making them essential components of organic diets. For instance, in May 2023, according to the Organic Trade Association (OTA), a US-based business association for organic agriculture and products, total U.S. organic food sales grew from $59.149 billion in 2021 to $61.670 billion in 2022, representing a growth rate of approximately 4.3%. Therefore, the rise in demand for organic food is driving the growth of the cabbage and other brassicas market.
Major companies operating in the cabbages and other brassicas market are focusing on developing innovative products, such as new varieties of brassica, to cater to evolving consumer preferences and offer unique flavor profiles and textures. These new varieties of brassica are designed to optimize taste, texture, and nutritional benefits, thereby enhancing market competitiveness. For instance, in July 2021, Hitchcock Farms Inc., a US-based producer of veggies and leafy greens, introduced Napa Cabbage Hearts, a fresh variety of brassica featuring mild-flavored salad greens with crisp, ruffled leaves reminiscent of romaine hearts. These are a year-round option for both food service and retail partners, as they are versatile and suitable for salads, wraps, lettuce cups, soups, stir-fries, grilling, and roasting, as well as providing a good alternative to kale.
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Major Key Players of the Market:
Dole Food Company Inc., Golden State Foods Corp., Grimmway Enterprises Inc., Bonduelle Americas Inc., Taylor Fresh Foods Inc., Earthbound Farm LLC, Vegpro International Inc., Pacific Coast Producers, NatureSweet Ltd., Pero Family Farms Food Company LLC, Church Brothers LLC, Lakeside Produce Inc, Fresh Express Incorporated, Ocean Mist Farms, AeroFarms LLC, Bright Farms Inc., Veg-Pak Produce Ltd., Green Giant Fresh LLC, Andrews Farming Company, Sunterra Produce Traders Inc.
Cabbages And Other Brassicas Market 2024 Key Insights:
• The cabbages and other brassicas market size is expected to see steady growth in the next few years. It will grow to $46.65 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%.
• Organic Food Demand Boosts Cabbage And Brassicas Market Growth
• Key Players Driving Innovation In The Cabbages And Brassica Market
• Asia-Pacific was the largest region in the cabbages and other brassicas market in 2023
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