Press release
The Global Microgreens Market: Rapid Growth, Key Drivers, and Major Trends Driving the Industry to 2025 and Beyond
Microgreens Market
Demand for Nutrient-Dense, Sustainable Produce Fuels Microgreens Market Expansion
What Is The Projected Market Size Of The Global Microgreens And Its Growth Rate?
- The microgreens market size, presently standing at $2.14 billion in 2024, will register a growth to $2.4 billion in 2025 at a Compound Annual Growth Rate (CAGR) of 12.2%.
- The rapid growth in the historic period can be attributed to increasing consumer awareness about nutrition, increased adoption of microgreens by restaurants and food services, proliferation of urban agriculture and home gardening, and recognition of microgreens as healthy ingredients.
- Forecasts for microgreens market size show a projected growth to $3.93 billion in 2029 at a CAGR of 13.1%, with growth primarily driven by sustainable farming methods, locally sourced products, demand for alternative proteins, and quality ingredients.
What Is Driving The Growth In The Microgreens?
The rise in indoor and vertical farming significantly fuels the growth in the microgreens market. Indoor vertical farming, the practice of cultivating plants on vertically installed shelves within a controlled environment, substantially reduces the land area needed for farming. Microgreens, which require minimal space for growth, are ideal for vertical indoor farming. For example, data from the Department for Environment, Food & Rural Affairs, a UK-based government entity, showed that the Total Income from Farming (TIFF) in England rose to $7.46 billion (£5.7 billion) in April 2024, recording a 15% rise from 2021 to 2022. Thus, the increase in indoor and vertical farming adoption is set to drive the microgreens market expansion.
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Who Are the Key Players Driving Microgreens Growth?
- AeroFarms LLC
- Goodleaf Farms
- Living Earth Farm
- Fresh Origins
- Gotham Greens
- Bowery Farming Inc.
- Charlie's Produce (Farmbox Greens LLC)
- Madar Farms
- Metro Microgreens
- The Chef's Garden Inc.
- Koppert Cress USA
- Pacific Coast Greens
- Great Lakes Growers
- Florida Microgreens
- Farm.One
- BrightFarms
- Plenty
- Bright Agrotech
- Edenworks
- Green Sense Farms
- Local Roots Farms
- Lufa Farms
- Square Roots
- Urban Oasis
- Urban Produce
- Vertical Harvest
- Zip Grow
- Infinite Harvest
- Harvest Urban Farms
What Are The Key Trends In The Microgreens?
- Increased investments in research and development of new microgreen varieties.
- Growing popularity of microgreens in the food service and cosmetic industries.
- Increased focus on product innovation, with unique microgreen varieties and eco-friendly packaging.
What Are The Segments Of The Global Microgreens?
- Broccoli
- Cabbage
- Cauliflower
- Arugula
- Peas
- Basil
- Radish
- Cress
- Other Types
- Organic
- Conventional
- Indoor Vertical Farming
- Commercial Greenhouse
- Other Farming
- Retail
- Food Service
- Other End-users
Which Region Leads The Microgreens?
North America dominated the microgreens market in 2024. The report covers the microgreens market across Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Microgreens Global Market Report?
- Market Size Analysis: Analyze the Microgreens size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Microgreens for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Microgreens growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Microgreens.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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