Microgreen Market Forecasted to Grow at 11.76% CAGR, Reaching USD 3.37 Bn by 2029: Gotham Farms, Fresh Origin at Forefront


Posted June 1, 2024 by krajput

Microgreen Market: Global Industry Analysis and Forecast (2023-2029)
 
Microgreen Market: Global Industry Analysis and Forecast (2023-2029)
Market Analysis:

The global microgreen market is expected to witness significant growth, driven by the increasing adoption of healthy eating habits and the rising demand for nutritious food. Factors such as the growing popularity of microgreens in the food services industry and the rising trend of urban farming are also contributing to market growth.

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Market Size:

The global microgreen market was valued at USD 1.55 billion in 2022 and is projected to reach USD 3.37 billion by 2029, growing at a CAGR of 11.76% during the forecast period.

Overview:

The report "Microgreen Market, 2024-2030" provides a comprehensive overview of the market, including current and future growth prospects, market dynamics, and strategies adopted by leading companies. It covers recent developments, mergers and acquisitions, regional growth evaluations, and market growth hurdles.

Covid-19 Impacts:

The COVID-19 pandemic has disrupted the microgreen market, with supply chain disruptions and changes in consumer behavior. However, the market has shown resilience, with increased demand for healthy and fresh produce driving market growth.

Market Scope:

The research helps identify the target audience for the microgreen market and assesses market entry barriers for new companies. It also examines market competition, market dynamics, and the market's control by a few enterprises, providing insights for business planning.

Segmentation:

Type: Broccoli, Cabbage, Cauliflower, Arugula, Peas, Basil, Radish, Others
Farming: Indoor Vertical Farming, Commercial Farming, Others
Distribution Channel: Retail Stores, Online, Farmers Market, Others
End-use: Food Services, Retail, Others
Key Players:

Farm Box Green
Aero Farms
Chef’s Garden
Good leaf Farms
Living Earth Farms
Gotham Farms
Fresh Origin
Teshuva Agricultural
Madar Farms
Bowery Farming
Metro Microgreens
Report Provides:

The report uses analytical tools like SWOT and PESTEL analysis to understand market dynamics. It includes market segmentation, CAGR, Porter's five force model, and expected market cost structure. It also covers major developments in the market and growth strategies adopted by key players.

Table of Contents:

Executive Summary
Introduction
Market Dynamics
Market Segmentation
Competitive Landscape
Regional Analysis
Company Profiles
Conclusion
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Key Questions Addressed:

What are the primary factors driving the growth of the microgreen market?
What is the competitive scenario in the microgreen market?
Which product segment dominates the microgreen market?
Which region has the largest market share in the microgreen market?
Who are the key players in the microgreen industry?
What is the expected market size in 2027?
What will be the CAGR during the forecast period?
Which application category is leading the microgreen market?
Which company had the largest market share in the microgreen market?
What major trends are expected in the microgreen market in the coming years?
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Last Updated June 1, 2024