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Global Microgreens Market Size, Share, Trends, Forecast: By Product: Cabbage, Peas, Radish, Broccoli, Lettuce and Chicory, Basil, Carrot, Sunflower, Fennel, Others; By Farming Method: Indoor Farming, Vertical Farming, Commercial Greenhouse, Others; By Distribution Channel; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
Global Microgreens Market Outlook
The global microgreens market size reached approximately USD 2.29 billion in 2023. The market is further projected to grow at a CAGR of 10.1% between 2024 and 2032, reaching a value of USD 5.40 billion by 2032.
Key Trends in the Market
Microgreens refer to the young seedlings of edible herbs and vegetables. They have concentrated nutrient content, aromatic flavours, and are available in a variety of textures and colours. Microgreens can be harvested and consumed seven to ten days after the cotyledon leaves are developed.
- The expansion of the cosmetics and skin care sectors owing to increasing disposable incomes and rising celebrity endorsements is boosting the microgreens market growth. Various microgreens such as clovers, broccoli, and radishes have several topical benefits. In combination, these microgreens create a potent blend that contains high amounts of beta-carotene and vitamins C, K, and E.
- The increased requirement for vertical and indoor farming and hydroponics owing to their ability to aid in space conservation is providing lucrative growth opportunities to the market. Microgreens are grown in controlled environments as they offer protection against harmful pests and extreme weather conditions.
- The year-round availability of microgreens is bolstering their consumption and utilisation across foodservice sector, boosting the market expansion. The relatively short period of growth period aids in convenient procurement of the vegetables.
Global Microgreens Market Analysis
On the basis of product, the market is divided into cabbage, peas, radish, broccoli, lettuce and chicory, basil, carrot, sunflower, and fennel, among others. Based on farming method, the market is segregated into indoor farming, vertical farming, and commercial greenhouse, among others.
On the basis of distribution channel, the market is classified into supermarket/ hypermarket, retail stores, and online, among others. Based on end use, the market is bifurcated into residential and commercial.
On the basis of region, the microgreens market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- GoodLeaf Community Farms Limited
- Farmbox Greens
- Metro Microgreens
- Superior Fresh
- Teshuva Agricultural Projects Ltd.
- Farm.One, Inc.
- Chef's Garden Inc
- Living Earth Farm
- AeroFarms LLC
- Others
Market Share by End Use
Commercial sector is anticipated to account for a significant microgreens market share in the coming years. This growth can be attributed to the increasing incorporation of microgreens in various dishes such as omelettes, salads, and pastas, in restaurants, food joints, and hotels, among others due to rising demand for organic and healthy food alternatives. They also aid in enhancing the texture, taste, and appearance of dishes, making them ideal for garnishes.
Market Share by Region
North America accounts for a significant share of the market owing to the increasing awareness about the various health benefits associated with the consumption of microgreens, rising disposable incomes, and prominent presence of various key market players including GoodLeaf Community Farms Limited and Farmbox Greens, among others. The increasing popularity of hydroponics and vertical farming in the region is providing lucrative growth opportunities to the market. The rising consumption of food products with high protein and low carbohydrate content is bolstering the microgreens market demand.
Competitive Landscape
GoodLeaf Community Farms Limited, headquartered in Ontario, Canada, is a food and beverage manufacturing company that specialises in indoor agriculture, microgreens, herbs, leafy greens, advanced manufacturing, and vertical farming, among others.
Farmbox Greens, headquartered in Washington, United States, is involved in vertical farming and hydroponics. They use energy efficient LED lights in their full climate-controlled facilities for harvesting tender microgreens on a regular basis, regardless of the season.
Superior Fresh is one of the leading aquaponic farms involved with raising Atlantic salmon and towards the production of organic leafy greens including microgreens. Their production systems provide healthy and fresh products year around, while practicing water conservation.
Other microgreens market key players include Metro Microgreens, Teshuva Agricultural Projects Ltd., Farm.One, Inc., Chef's Garden Inc, Living Earth Farm, and AeroFarms LLC, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Farming Method |
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| Breakup by Distribution Channel |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Microgreens Market Analysis
8.1 Key Industry Highlights
8.2 Global Microgreens Historical Market (2018-2023)
8.3 Global Microgreens Market Forecast (2024-2032)
8.4 Global Microgreens Market by Product
8.4.1 Cabbage
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Peas
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Radish
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Broccoli
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Lettuce and Chicory
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Basil
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Carrot
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.4.8 Sunflower
8.4.8.1 Historical Trend (2018-2023)
8.4.8.2 Forecast Trend (2024-2032)
8.4.9 Fennel
8.4.9.1 Historical Trend (2018-2023)
8.4.9.2 Forecast Trend (2024-2032)
8.4.10 Others
8.5 Global Microgreens Market by Farming Method
8.5.1 Indoor Farming
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Vertical Farming
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Commercial Greenhouse
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Microgreens Market by Distribution Channel
8.6.1 Supermarket/Hypermarket
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Retail Stores
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Online
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Microgreens Market by End Use
8.7.1 Residential
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Commercial
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Microgreens Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Microgreens Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Microgreens Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Microgreens Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Microgreens Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Microgreens Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 GoodLeaf Community Farms Limited
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Farmbox Greens
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Metro Microgreens
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Superior Fresh
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Teshuva Agricultural Projects Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Farm.One, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Chef's Garden Inc
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Living Earth Farm
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 AeroFarms LLC
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Microgreens Market: Key Industry Highlights, 2018 and 2032
2. Global Microgreens Historical Market: Breakup by Product (USD Billion), 2018-2023
3. Global Microgreens Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. Global Microgreens Historical Market: Breakup by Farming Method (USD Billion), 2018-2023
5. Global Microgreens Market Forecast: Breakup by Farming Method (USD Billion), 2024-2032
6. Global Microgreens Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Global Microgreens Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Global Microgreens Historical Market: Breakup by End Use (USD Billion), 2018-2023
9. Global Microgreens Market Forecast: Breakup by End Use (USD Billion), 2024-2032
10. Global Microgreens Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Microgreens Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Microgreens Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Microgreens Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Microgreens Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Microgreens Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Microgreens Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Microgreens Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Microgreens Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Microgreens Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Microgreens Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Microgreens Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Microgreens Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 2.29 billion in 2023.
The market is projected to grow at a CAGR of 10.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 5.40 billion by 2032.
The major market drivers include increased requirement for vertical and indoor farming and hydroponics and year-round availability of microgreens.
The key trends fuelling the growth of the market include expansion of the cosmetics and skin care sectors and rising utilisation of microgreens by the food service sector.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant distribution channels include supermarket/ hypermarket, retail stores, and online, among others.
The key players in the market are GoodLeaf Community Farms Limited, Farmbox Greens, Metro Microgreens, Superior Fresh, Teshuva Agricultural Projects Ltd., Farm.One, Inc., Chef's Garden Inc, Living Earth Farm, and AeroFarms LLC, among others.
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