Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Microgreens Market Size

The global microgreens market reached approximately USD 2.29 billion in 2023. The market is further projected to grow at a CAGR of 10.1% between 2024 and 2032, reaching a value of USD 5.40 billion by 2032.

 

Key Trends in the Market

Microgreens refer to the young seedlings of edible herbs and vegetables. They have concentrated nutrient content, aromatic flavours, and are available in a variety of textures and colours. Microgreens can be harvested and consumed seven to ten days after the cotyledon leaves are developed.

 

  • The expansion of the cosmetics and skin care sectors owing to increasing disposable incomes and rising celebrity endorsements is boosting the microgreens market growth. Various microgreens such as clovers, broccoli, and radishes have several topical benefits. In combination, these microgreens create a potent blend that contains high amounts of beta-carotene and vitamins C, K, and E.
  • The increased requirement for vertical and indoor farming and hydroponics owing to their ability to aid in space conservation is providing lucrative growth opportunities to the market. Microgreens are grown in controlled environments as they offer protection against harmful pests and extreme weather conditions.
  • The year-round availability of microgreens is bolstering their consumption and utilisation across foodservice sector, boosting the market expansion. The relatively short period of growth period aids in convenient procurement of the vegetables.

 

Microgreens Market Report Snapshots

Microgreens Market Size

Microgreens Market Share

Microgreens Market Analysis

Microgreens Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a value of approximately USD 2.29 billion in 2023.

The market is projected to grow at a CAGR of 10.1% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 5.40 billion by 2032.

The major market drivers include increased requirement for vertical and indoor farming and hydroponics and year-round availability of microgreens.

The key trends fuelling the growth of the market include expansion of the cosmetics and skin care sectors and rising utilisation of microgreens by the food service sector.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The significant distribution channels include supermarket/ hypermarket, retail stores, and online, among others.

The key players in the market are GoodLeaf Community Farms Limited, Farmbox Greens, Metro Microgreens, Superior Fresh, Teshuva Agricultural Projects Ltd., Farm.One, Inc., Chef's Garden Inc, Living Earth Farm, and AeroFarms LLC, among others.

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