Microgreens Market, By Product Type, By Farming Method (Indoor Farming, Conventional Farming, Vertical Farming, and Others), By Distribution Channel (Retail, Direct Sales, and Others), By Geography

Description

Global microgreens market is estimated to be valued at USD 3.71 Bn in 2024 and is expected to reach USD 7.38 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	3.71 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	10.30%	2031 Value Projection:	7.38 Bn

Figure. Microgreens Market Share (%), By Region, 2024

Microgreens are the early growth stage of edible greens and herbs that are typically harvested when their leaves and stems are small, between 2 and 4 inches in height. These have a concentrated flavor and nutrient profile compared to full size greens. Microgreens have gained popularity in recent years due to their fresh taste, vibrant colors, and high nutritional content. These are rich in antioxidants, vitamins, and minerals. Their production requires minimal land and resources compared to traditional crops which has further increased their adoption among growers and commercial producers. Growing consumer health consciousness and preference for fresh ingredients in food has boosted the demand for microgreens globally.

Market Dynamics

As microgreens production requires minimal resources, these provide an alternative source of income for small holders and urban growers. Their higher yields compared to conventional greens coupled with rising consumption worldwide can drive the microgreens market growth. However, inconsistent regulations regarding food safety protocols and lack of standard production practices can hamper the market growth. Growing popularity of organic and locally grown produce provides an opportunity for market expansion through strategic partnerships with retailers and food service providers. Adoption of vertical farming and controlled environment agriculture can help overcome seasonal and climate challenges.

Key Features of the Study

This report provides in-depth analysis of the global microgreens market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global microgreens market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include AeroFarms, Fresh Origins, Gotham Greens, Good Leaf Farms, Living Earth Farms, Farmbox Greens, Chef's Garden, Bowery Farming, Teshuva Agricultural Projects Ltd., Madar Farms, and Metro Microgreens

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global microgreens market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global microgreens market

Market Segmentation

Product Type Insights (Revenue, USD Bn, 2019 - 2031)
- Broccoli
- Radish
- Pea Shoots
- Basil
- Cabbage
- Arugula
- Others
Farming Method Insights (Revenue, USD Bn, 2019 - 2031)
- Indoor Farming
- Conventional Farming (Soil-Based)
- Vertical Farming
- Others
Distribution Channel Insights (Revenue, USD Bn, 2019 - 2031)
- Retail
- Direct Sales (Farmers' Markets)
- Others
Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- AeroFarms
- Fresh Origins
- Gotham Greens
- Good Leaf Farms
- Living Earth Farms
- Farmbox Greens
- Chef's Garden
- Bowery Farming
- Teshuva Agricultural Projects Ltd.
- Madar Farms
- Metro Microgreens

Product Code: CMI7462

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Farming Method
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Microgreens Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Microgreens Market - COVID-19
Impact Analysis

5. Global Microgreens Market, By Product Type, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Broccoli
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Radish
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Pea Shoots
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Basil
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Cabbage
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Arugula
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

6. Global Microgreens Market, By Farming Method, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Indoor Farming
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Conventional Farming (Soil-Based)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Vertical Farming
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

7. Global Microgreens Market, By Distribution Channel, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Retail
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Direct Sales (Farmers' Markets)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

8. Global Microgreens Market, By Region, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Farming Method, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
  - U.S.
  - Canada
Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Farming Method, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Farming Method, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Farming Method, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Farming Method, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Market Share Analysis, By Country/Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country/Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Farming Method, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country/Region, 2019- 2031, (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

9. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- AeroFarms
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Fresh Origins
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Gotham Greens
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Good Leaf Farms
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Living Earth Farms
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Farmbox Greens
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Chef's Garden
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Bowery Farming
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Teshuva Agricultural Projects Ltd.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Madar Farms
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Metro Microgreens
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates

10. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact