Microgreens Market Overview: Significant Growth Expected from 2024 to 2032

Market Overview

The worldwide market for microgreens is expected to grow significantly from 2024 to 2032. Microgreens are young, small versions of mature greens packed with vitamins and minerals, often used to enhance the taste, appearance, and texture of different dishes. As more people seek out plant-based diets for health reasons, the demand for microgreens is likely to increase. This information is provided in a report called “Microgreens Market, 2024–2032” by Fortune Business Insights.

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Major Players Profiled in the Report:

• Aerofarms (U.S.)
• Farmbox Greens (U.S.)
• Living Earth Farms (U.S.)
• Good Leaf Farms (Canada)
• Gotham Greens (U.S.)
• Fresh Origins (U.S.)
• The Chef’s Garden Inc. (U.S.)
• Madar Farms (U.A.E.)
• Bowery Farming (U.S.)
• 2BFresh (Israel)

Segments:

By type, the market is divided into broccoli, cabbage, cauliflower, arugula, peas, radish, and others.

By farming method, the market is segmented into indoor vertical farming, commercial greenhouses, and others.

By end user, the market is classified into retail, food services, and others.

With respect to geography, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The report examines the market thoroughly, looking at important aspects like top users, product types, and companies. It also discusses current trends and significant industry changes. Besides these points, the report looks at various other elements contributing to the market’s expansion.

Drivers:

Increasing Introduction of Advanced Farming Practices to Augment Market Growth

Farmers worldwide are using modern methods to grow more crops and improve their quality. They’re also updating these methods to produce more microgreens to meet growing demand, which is expected to increase the microgreens market.

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Regional Insights

North America to Hold Major Market Share Due to High Product Consumption

North America is expected to dominate the microgreens market because the U.S. and Canada eat the most of these greens, and more people are becoming health-conscious. Europe is also expected to grow fast because people want more organic foods and want to live healthier lives.

Competitive Landscape

Market Leaders to Focus On Acquisitions and Partnerships to Gain Strong Competitive Edge

Top companies like Aerofarms, Farmbox Greens, and Living Earth Farms are growing by forming partnerships and buying other businesses to stay ahead and maintain their market leadership.

Key Industry Development

• January 2023: Sun Capital Partners Inc., a U.S.-based private equity company specializing in leveraged buyouts, announced that it had completed the acquisition of Fresh Origins, a leading grower and supplier of edible flowers and microgreens for retail and food service customers. The acquisition is expected to help Fresh Origins expand its operations in the growing space of microgreens.
• May 2022:S. Foods Holding Corp., a U.S.-based food service distributor, announced that it had entered a strategic partnership with Kalera, a renowned hydroponic indoor vertical farming company. The partnership is expected to offer food service providers a wide variety of high-quality produce throughout the year, and make fresh microgreens available to restaurants.

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