Microgreens Key Market Players by Regional Growth, and Forecast to 2030
Microgreens Market Overview
Microgreens are the young, tender vegetable greens that are
grow inside and harvested when they are small in size. In the COVID 19 when
there will be increased in number of cases the national and international
governments take some precautions by implementing various restrictions. The
government implement the lockdown in various industries where large gatherings
take place which led to the closing of manufacturing industries, education,
malls, restaurants, grocery stores and other areas.
With the increase in the popularity of the vegan eating the
market for microgreens increased in the coming years. The growth of microgreen
market was influenced by the rise in expenditure for premium food products. The
factors which restraints the growth of microgreen market are high initial
investments, high costs of production and lack of distribution channels. The
lack of skilled labor and the increased demand for non-GMO microgreens affect
the growth of microgreen market.
Microgreens was the future of the retail and produce
industries. The audience which are intended are Microgreens Producers, Raw
Material Suppliers, Retailers, Wholesalers and Distributors, Governments,
Associations, and Industrial Bodies, Investors and Trade Experts. People
consider microgreens as healthy option because it provides various range of
nutrients and was a new source of protein. With the increase in the number of
restaurants and food speciality shops, provide complete experience to customers
by introducing various types of food and beverages which are attributed to the
market growth.
There are certain nutrient deficiencies in the soil and
limited awareness of microgreens also affect microgreens
market. People become aware about the food they are consuming and because
of this they choose to buy local and organic which are produced from grocery
stores. As microgreens are harvested greens of young plants which can be grown
indoors and harvested quicker and cheaper. Microgreens are considered as the
future of the retail and produce industries.
As microgreens are very important for health industry
because it can be eaten raw and don’t need much preparation or cooking. They
are transported easily because of their small size and they can be grow in a
small area of a home or greenhouse.
Key Players
The global microgreens key
market players are AeroFarms, Fresh Origins, Gotham Greens, Madar Farms,
2BFresh, The Chef’s Garden Inc., Farmbox Greens LLC, Living Earth Farm,
GoodLeaf Farms, and Bowery Farming among others.
Market Segmentation
The market was segmented on the following types –
Based on the type, the global microgreens market size was
segmented – broccoli, cabbage, cauliflower, arugula, peas, basil, radish, cress
and others.
Based on the farming, the global microgreens market was
segmented – indoor vertical farming, commercial greenhouses and others.
Based on the distribution channels, the global microgreens
market was segmented – retail stores, farmer’s market and others.
Based on the end user, the global microgreens market was
segmented – residential and commercial.
Regional Classification
The global microgreens market overview was divided in the
following regions – North America which includes US, Canada, Mexico; Europe
includes UK, Germany, France, Italy, Spain; Asia Pacific includes China, India,
Japan, Australia and New Zealand and rest of the world includes South America, Middle
East and Africa.
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