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The global microgreens market was valued at US$ 1,385 Million in 2021.
We expect the global microgreens market to exhibit a CAGR of 8.58% during 2022-2027.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of microgreens.
Continuous development of sustainable agricultural practices, along with the growing consumer inclination towards premium, functional, and nutrient-rich food products, is primarily driving the global microgreens market.
Based on the type, the global microgreens market has been divided into broccoli, cabbage, cauliflower, arugula, peas, basil, radish, and others. Currently, broccoli exhibits a clear dominance in the market.
Based on the farming method, the global microgreens market can be categorized into indoor vertical farming, commercial greenhouses, and others. Among these, indoor vertical farming method holds the majority of the total market share.
Based on the end use, the global microgreens market has been segmented into residential and commercial, where the commercial sector represents the largest market share.
Based on the distribution channel, the global microgreens market can be bifurcated into supermarkets and hypermarkets, retail stores, and others. Currently, retail stores account for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global microgreens market include 2BFresh (Teshuva Agricultural Projects Ltd.), AeroFarms, Bowery Farming Inc., Farmbox Greens LLC (Charlie’s Produce), Fresh Origins, GoodLeaf Farms (TruLeaf), Gotham Greens, Living Earth Farm, Madar Farms, Metro Microgreens, and The Chef's Garden Inc.
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