PUBLISHER: TechNavio | PRODUCT CODE: 1581795
PUBLISHER: TechNavio | PRODUCT CODE: 1581795
Packaged Sprouts Market 2024-2028
The packaged sprouts market is forecasted to grow by USD 2654 mn during 2023-2028, accelerating at a CAGR of 10% during the forecast period. The report on the packaged sprouts market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing prominence of organized retailing, health benefits from consumption of sprouts, and rising disposable income of consumers.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 8.9% |
CAGR | 10% |
Incremental Value | $2654 mn |
Technavio's packaged sprouts market is segmented as below:
By Product
By Geographical Landscape
This study identifies the rising popularity of vegan diet as one of the prime reasons driving the packaged sprouts market growth during the next few years. Also, growing influence of online retailing and clean labeling will lead to sizable demand in the market.
The report on the packaged sprouts market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading packaged sprouts market vendors that include BrightFresh, Eatmore Sprouts, Fuji Natural Foods, Jonathan Sprouts, Narita foods Co. Ltd., Ocean Mist Farms, Pulmuone Foods USA, Sprouts Farmers Market Inc., Sun Grown, and T.van der Plas B.V.. Also, the packaged sprouts market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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