Global Microgreens market report deals with copious of important market related aspects which are; market size estimations, company and market best practices, entry level strategies, market dynamics, positioning, segmentations, competitive landscaping and benchmarking, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, and in-depth benchmarking of vendor offerings. This industry analysis report is a window to the industry which describes what market definition, classifications, applications, engagements and market trends are. An excellent Microgreens market research report provides the best professional in-depth study on the current state for the Agriculture And Animal Feed industry.
Data Bridge Market Research analyses that microgreens market was valued at USD 1.276 billion in 2021 and is expected to reach the value of USD 1.89 billion by 2029, at a CAGR of 5.00% during the forecast period of 2022-2029.
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Market Overview:
Microgreens are small, tender vegetable greens that grow to be about 1-3 inches tall. They consist of two fully developed cotyledon leaves and they are harvested within 7-14 days after germination. Due to their intense aromatic flavour and variety of colours and textures, microgreens are primarily used to enhance the colour, texture, or flavour of various foods such as pasta, pizza, omelettes, and salads. They contain several vitamins, minerals, and antioxidants.
COVID-19 Impact Microgreens Market
Do-it-yourself microgreens have provided a sustainable alternative as the COVID-19 pandemic has changed people's attitudes toward their food shopping habits. Microgreens do not directly combat the virus, but they do help indirectly by protecting organs through antioxidant properties, strengthening one's immune system, and aiding in the development of a first-line defence system against the virus. As a result, the market for microgreens experienced increased consumer demand and is expected to grow during the forecast period.
Recent development
AeroFarms, a leader in indoor vertical farming, will distribute leafy greens to more than 350 Stop & Shop Stores in the Northeast and New England regions, including New Jersey, New York, Connecticut, Massachusetts, and Rhode Island, in 2021.
Precision Indoor Plants and Aerofarms will collaborate on the Lettuce Project in December 2020. This project employs cutting-edge indoor agriculture science and technology to increase the shelf-life of lettuce, resulting in more marketable food for consumers, less waste, and higher profits for farmers.
Living Earth Farm began testing retail products in health food stores in January 2019 with three flagship products: micro basil, micro cilantro, and rainbow micro mix.
Competitive Landscape and Microgreens Market Share Analysis
Microgreens market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to microgreens market.
Some of the major players operating in microgreens market are:
- DÜMMEN ORANGE (U.S)
- Syngenta (Switzerland)
- Beekenkamp Group (Netherlands)
- Hofland flowering plants (Netherlands)
- SAKATA (U.S)
- DUTCH FLOWER GROUP (Netherlands)
- MARGINPAR BV (Netherlands)
- Walter Blom Plants BV (Netherlands)
- Selecta Klemm (Germany)
- Double H Nurseries Ltd, (U.K)
- ARCANGELI GIOVANNI (Italy)
- KP Holland (Netherlands)
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