Microgreens Market: Global Industry Analysis and Forecast (2024-2030)
Global Microgreens Market size was valued at USD 3.0 Bn in 2023 and is expected to reach USD 6.63 Bn by 2030, at a CAGR of 12%.
Format : PDF | Report ID : SMR_2027
Microgreens Market Overview
Microgreens are young vegetable greens containing roots, stems, and cotyledon leaves. The stems and leaves of microgreens are concentrated in nutrients making them a strong superfood. Microgreens are the first true leaves produced from a seedling of vegetables and herbs that are about 2-3 inches tall. There are so many varieties of plants such as turnips, radishes, broccoli, cauliflower, carrots, celery, chard, lettuce, spinach, arugula, amaranth, cabbage, beets, parsley and basil, to name a few, that are grown as a microgreen for a wholesome and nutritious addition to daily meals. The small leaves of most of the microgreens get ready for harvest in 12 to 14 days and are packed with nutrition and intense flavors emulating their mature counterparts, which boost Microgreens Market growth.
Microgreens are harvested at the cotyledon stage, which provides intense flavors, vibrant colors, and high nutritional value, making them popular ingredients in culinary dishes, salads, smoothies, and garnishes. This increase in demand for microgreens is due to the rising awareness of the health benefits associated with microgreens including their high levels of vitamins, minerals, and antioxidants. The increase in urban agriculture and indoor farming techniques has made it easier for producers to cultivate microgreens year-round, regardless of climate or location and drive Microgreens Market growth. The trend towards sustainability and eco-conscious consumerism has led to a preference for locally sourced and organically grown microgreens, boosting industry growth.
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Microgreens Market Trend
Increasing Demand for Locally Grown and Organic Microgreens
Organic microgreen farming is an emerging trend that is a potent tool for fostering environmental biodiversity conservation. Implementing organic farming practices that avoid synthetic fertilizers and pesticides, the cultivation of microgreens reduces soil and water pollution while developing a rich tapestry of biodiversity, and cultivation of a harmonious ecosystem teeming with diverse microorganisms, insects and avifauna, which boosts Microgreens Market growth.
The nutritional advantages of organic microgreens are incomparable, as they boast substantially higher levels of vitamins, minerals, and antioxidants compared to their mature counterparts, while also being free from potentially harmful pesticide residues, thus underscoring the promotion of human health and wellness. Beyond their nutritional prowess, increasing organic microgreens presents a fulfilling pursuit, fostering a profound connection with nature, mitigating stress, and improving mental well-being, while developing healthier dietary habits by facilitating easy access to fresh, organic greens.
The attraction of organic microgreens for culinary is characterized by their strong and concentrated flavors, which are widely recognized by chefs and culinary enthusiasts, who consider them essential for infusing dishes with gourmet sophistication and visual appeal. Economically, organic Microgreens farming is a lucrative venture, especially in urban areas where minimal space and resources are needed, thereby aligning with the increasing demand for organic produce and providing promising prospects for organic Microgreens farmers looking to capitalize on this mushrooming Microgreens Market segment.
The increase in sustainable and health-conscious consumer preferences helps to increase use of the organic microgreens to address modern societal imperatives, serving as a testament to the transformative potential of small-scale, sustainable agriculture in the development of a healthier planet. Beyond simple nourishment, organic microgreens emerge as veritable nutritional powerhouses, full of up to 40 times more vitamins and minerals than their mature counterparts while fascinating the senses with a mixture of flavors and hues that stimulate culinary creativity and elevate gastronomic experiences to new heights.
Microgreens Market Dynamics
Advances in agricultural technology and growing techniques to Boost Microgreens Market Growth
As the acceleration in global urbanization and increasing demands for arable land escalate, conventional agricultural practices struggle to meet food demands while intensifying environmental degradation through deforestation and intensive farming. In response, innovative approaches such as vertical farming technology have emerged and there is a revolution in the cultivation of microgreens. By efficiently leveraging horizontal and vertical space, vertical farming enhances resource utilization of water, nutrients, and time, yielding higher productivity per unit volume compared to conventional outdoor farming methods.
The automation integrates seamlessly into this paradigm to provide real-time monitoring factors such as soil moisture, humidity and light intensity. This precision-driven method optimizes growth conditions and minimizes resource wastage, to promote environmental sustainability. Automation minimizes labor costs and enhances scalability, making microgreen farming available to individuals and small-scale entrepreneurs even in urban areas. The adoption of advanced technologies, mainly Israeli-made in many cases, emphasizes a commitment to continuous innovation and excellence in agricultural practices, showing how technological advancements are driving the Microgreens Market toward a more sustainable and efficient future.
Technological advances such as artificial intelligence (AI) and machine learning (ML) enable specific monitoring of environmental factors such as humidity, temperature, and light to ensure optimal growing conditions. Automated watering and nutrient delivery systems have been developed to allow precise control and reduced waste, streamlining processes and enhancing sustainability. Innovations in LED lighting technology provide energy-efficient lighting solutions tailored to the needs of several microgreen varieties, with specific light ranges enhancing growth and nutritional value.
These technological advancements collectively contribute to more sustainable and scalable microgreen farming practices. Trends such as the increased use of AI and the Internet of Things (IoT) for precision agriculture, genetic research for developing new microgreen varieties and exploring the therapeutic potential of microgreens in diet and health indicate a favourable future for the Microgreens Market, which boosted due to ongoing innovation in agricultural technology and growing techniques.
Limited consumer awareness and understanding of hamper Microgreens Market Growth
Limited consumer awareness and understanding of microgreens pose significant challenges to market growth. Many consumers remain unaware of the existence and potential of microgreens, despite their numerous health advantages and culinary versatility. This lack of awareness is due to limited marketing efforts, insufficient education about the nutritional value of microgreens, and a general lack of exposure to these products in typical grocery stores and restaurants. This results in consumers overlooking microgreens when making purchasing decisions, choosing instead for more familiar produce options. Lack of understanding about how to use microgreens in cooking also contributes to consumer hesitation. The inadequate consumer knowledge translates into lower demand and Microgreens Market penetration for Microgreens, as potential customers overlook or bypass these nutritious greens in favor of more familiar options.
The lack of widespread promotion and education about microgreens also causes limitations to awareness of the benefits of microgreens. The culinary and nutritional potential of microgreens is not widely emphasized, leading to missed opportunities to educate consumers about their benefits. Without insufficient information about how to use microgreens in cooking, their unique flavors and their nutritional advantages, consumers perceive them as exotic or unfamiliar, hampering them from purchasing or integrating them into their diets.
Microgreens Market Segment Analysis
Based on Type, the market is segmented into Radishes, Broccoli, Mesclun, Beetroot, Cress and Others. Radishes are expected to have a significant CAGR for the Microgreens Market during the forecast period. Radish microgreens are a popular and highly beneficial choice among microgreens enthusiasts and health-conscious consumers. Prominent for their rapid germination and growth, these greens typically sprout within 1 to 2 days, flourishing in warm and cool conditions and reaching harvest maturity in just 5 to 10 days. Their nutritional ability is equally impressive, boasting high levels of minerals, vitamins and antioxidants, with established cancer-preventing properties.
While it is traditionally consumed as a root vegetable, radish microgreens provide a flavorful alternative, with their peppery taste adding a unique dimension to salads, sandwiches, and several culinary creations. There is a rich glucosinolate profile, with shoots showcasing up to 45 times the capacity of roots to induce phase 2 enzymes, thereby enhancing their anti-cancer potential. Loaded with vitamins C, copper, and folate, along with essential minerals such as calcium and iron, radish microgreens stand as a nutrient powerhouse, encouraging cellular repair and bolstering overall health.
Their versatility and compact size make them a preferable choice for urban inhabitants with limited gardening space, while their popularity among gourmet chefs underscores their culinary appeal which boosts Microgreens Market growth. This comprehensive guide serves as a gateway to the fascinating world of radish microgreens, exploring their nutritional benefits, culinary versatility and practical tips for easy cultivation at home, providing a wealth of information for enthusiasts enthusiastic to integrate these nutrient-dense greens into their daily meals.
By Farming Method, the market is categorized into Indoor Farming, Greenhouse Farming, Outdoor Farming and Others. Indoor Farming is expected to have the highest CAGR for Microgreens Market over the forecast period. Indoor farming for microgreens encompasses several techniques such as hydroponics, vertical farming, and indoor grow rooms, and offers unparalleled advantages that make it necessary to meet the increasing demand for fresh, nutrient-rich greens. Indoor farming has benefits lies in its capability to provide precise control over growing conditions, ensuring optimal temperature, humidity, and light levels regardless of external factors such as weather or season. This specific control fosters accelerated growth and enhances the consistency and quality of the harvest, meeting the stringent standards of both consumers and commercial buyers.
Indoor farming maximizes space utilization, making it particularly suitable for urban areas where land accessibility is limited. By utilizing vertical space efficiently, growers cultivate microgreens in multi-tiered setups, substantially raising yield per square foot of growing area. This high-density cultivation maximizes productivity and minimizes resource consumption, including water and nutrients, contributing to sustainability and environmental stewardship, which boost Microgreens Market growth. Indoor farming minimizes the reliance on pesticides and herbicides, creating a safer and healthier growing environment while reducing the risk of contamination. Indoor farming enables year-round production, eliminating seasonal fluctuations and ensuring a consistent and reliable supply of microgreens to meet market demand.
Microgreens Market Regional Insights
North America dominated Microgreens Market in 2023 and is expected to continue its dominance over the forecast period. The region has a strong agricultural infrastructure, particularly in the United States, which offers a fertile ground for the cultivation and distribution of microgreens. The country's enormous expanses of farmland, coupled with advanced farming techniques and technologies, enable efficient as well as scalable production of microgreens to meet the increasing demand. The region has urban landscape, characterized by densely populated cities such as New York, San Francisco, and Toronto, has boosted the increase of urban farming initiatives where microgreens flourish. These urban centers have witnessed a surge in rooftop gardens, indoor hydroponic setups, and vertical farming ventures, providing ideal conditions for microgreen cultivation due to their compact size and rapid growth cycles.
The farm-to-table movement, which emphasizes locally sourced and sustainably grown produce, has gained substantial traction in the region, driving demand for microgreens as consumers increasingly prioritize freshness, flavor, and nutritional value in their food choices. There are diverse culinary landscapes and culinary innovation hubs driven by the integration of microgreens into a wide range of dishes, from salads and sandwiches to gourmet entrees and cocktails, growing their market appeal and solidifying their position as a culinary essential. The region has proactive food safety regulations and quality standards to ensure that consumers have access to high-quality, safe microgreens, boosting Microgreens Market growth.
Region |
Key Trends |
North America |
Urban areas like New York, San Francisco, and Toronto witnessed a surge in rooftop and indoor urban farming initiatives, emphasizing microgreens due to their low space requirements and quick turnaround time. |
Europe |
The Netherlands leads in microgreen cultivation in controlled environments, while Scandinavian countries integrate indoor cultivation techniques for year-round fresh produce. |
Asia |
Singapore focuses on self-sufficiency in food production through vertical farming, while Japan incorporates microgreens into traditional dishes for their aesthetic appeal and nutritional benefits. |
South America |
Urban farming initiatives in cities like Sao Paulo and Mexico City address food security with microgreens, adaptable to small-scale urban agriculture. |
Africa |
Africa Nairobi and Johannesburg see increased interest in microgreens among young entrepreneurs and urban farmers, supported by initiatives fostering green entrepreneurship and equipping youth with climate-smart farming skills. |
Microgreens Market Scope
Microgreens Market |
|
Market Size in 2023 |
USD 3.0 Bn. |
Market Size in 2030 |
USD 6.63 Bn. |
CAGR (2024(2030) |
12 % |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segments |
By Type Radishes Broccoli Mesclun Beetroot Cress Others |
By Farming Method Indoor Farming Greenhouse Farming Outdoor Farming Others |
|
By Application Culinary Nutraceuticals Cosmetics Others |
|
By Distribution Channel Direct Sales Online Retail Others |
|
Regional Scope |
North America (United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Russia, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa ( South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Microgreens Market Key Players
North America:
- BrightFarms (New York, USA)
- Gotham Greens (New York, USA)
- AeroFarms (New Jersey, USA)
- Plenty Unlimited Inc. (California, USA)
- Local Roots Farms (California, USA)
Europe:
- Infarm (Berlin, Germany)
- Nordic Harvest (Denmark)
- Jones Food Company (UK)
- GrowUp Farms (UK)
- LettUs Grow (UK)
Asia Pacific:
- Ponix Systems (Singapore)
- Farmshelf (Singapore)
- InFarm (Hong Kong)
- YesHealth Group (Taiwan)
- Sky Greens (Singapore)
Middle East & Africa (MEA):
- GreenBridge (South Africa)
- Crop One Holdings (UAE)
- Emirates Hydroponics Farms (UAE)
- Greenheart UAE (UAE)
- Pure Harvest Smart Farms (UAE)
South America:
- Sky Urban Solutions (Brazil)
- Urbano Greens (Brazil)
- Metropolis Farms (Brazil)
- Smart Green (Brazil)
- Greenhouse Brazil (Brazil)
Frequently Asked Questions
North America is expected to dominate the Microgreens Market during the forecast period.
The Microgreens Market size is expected to reach USD 6.63 Billion by 2030.
The major top players in the Global Microgreens Market are BrightFarms (New York, USA), Gotham Greens (New York, USA),AeroFarms (New Jersey, USA),Plenty Unlimited Inc. (California, USA),Local Roots Farms (California, USA) ,Infarm (Berlin, Germany), Nordic,Harvest (Denmark)and others.
The rising awareness of the health benefits associated with microgreens including their high levels of vitamins, minerals, and antioxidants are expected to drive market growth during the forecast period.
1. Microgreens Market: Research Methodology
1.1. Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Down Approach
1.3. Market breakdown and Data Triangulation
1.4. Assumptions
2. Microgreens Market: Executive Summary
2.1. Market Overview
2.2. Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments and Regions
3. Microgreens Market: Competitive Landscape
3.1. Stellar Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Product Segment
3.2.4. End-user Segment
3.2.5. Y-O-Y%
3.2.6. Revenue (2023)
3.2.7. Profit Margin
3.2.8. Market Share
3.2.9. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
3.4.1. Strategic Initiatives and Developments
3.4.2. Mergers and Acquisitions
3.4.3. Collaborations and Partnerships
3.4.4. Product Launches and Innovation
4. Microgreens Market: Dynamics
4.1. Market Trends by Region
4.1.1. North America
4.1.2. Europe
4.1.3. Asia Pacific
4.1.4. Middle East and Africa
4.1.5. South America
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1. Intensity of the Rivalry
4.6.2. Threat of New Entrants
4.6.3. Bargaining Power of Suppliers
4.6.4. Bargaining Power of Buyers
4.6.5. Threat of Substitutes
4.7. PESTLE Analysis
4.7.1. Political Factors
4.7.2. Economic Factors
4.7.3. Social Factors
4.7.4. Technological Factors
4.7.5. Legal Factors
4.7.6. Environmental Factors
4.8. Technological Roadmap
4.9. Trade Analysis
4.10. Value Chain Analysis
4.11. Regulatory Landscape
4.11.1. Market Regulation by Region
4.11.1.1. North America
4.11.1.2. Europe
4.11.1.3. Asia Pacific
4.11.1.4. Middle East and Africa
4.11.1.5. South America
4.11.2. Impact of Regulations on Market Dynamics
4.11.3. Government Schemes and Initiatives
5. Microgreens Market Size and Forecast by Segments (by Value USD Million)
5.1. Microgreens Market Size and Forecast, By Type (2023-2030)
5.1.1. Radishes
5.1.2. Broccoli
5.1.3. Mesclun
5.1.4. Beetroot
5.1.5. Cress
5.1.6. Others
5.2. Microgreens Market Size and Forecast, By Farming Method (2023-2030)
5.2.1. Indoor Farming
5.2.2. Greenhouse Farming
5.2.3. Outdoor Farming
5.2.4. Others
5.3. Microgreens Market Size and Forecast, By Application (2023-2030)
5.3.1. Culinary
5.3.2. Nutraceuticals
5.3.3. Cosmetics
5.3.4. Others
5.4. Microgreens Market Size and Forecast, By Distribution Channel (2023-2030)
5.4.1. Direct Sales
5.4.2. Online Retail
5.4.3. Others
5.5. Microgreens Market Size and Forecast, by Region (2023-2030)
5.5.1. North America
5.5.2. Europe
5.5.3. Asia Pacific
5.5.4. Middle East and Africa
5.5.5. South America
6. North America Microgreens Market Size and Forecast (by Value USD Million)
6.1. North America Microgreens Market Size and Forecast, By Type (2023-2030)
6.1.1. Radishes
6.1.2. Broccoli
6.1.3. Mesclun
6.1.4. Beetroot
6.1.5. Cress
6.1.6. Others
6.2. North America Microgreens Market Size and Forecast, By Farming Method (2023-2030)
6.2.1. Indoor Farming
6.2.2. Greenhouse Farming
6.2.3. Outdoor Farming
6.2.4. Others
6.3. North America Microgreens Market Size and Forecast, By Application (2023-2030)
6.3.1. Culinary
6.3.2. Nutraceuticals
6.3.3. Cosmetics
6.3.4. Others
6.4. North America Microgreens Market Size and Forecast, By Distribution Channel (2023-2030)
6.4.1. Direct Sales
6.4.2. Online Retail
6.4.3. Others
6.5. North America Microgreens Market Size and Forecast, by Country (2023-2030)
6.5.1. United States
6.5.2. Canada
6.5.3. Mexico
7. Europe Microgreens Market Size and Forecast (by Value USD Million)
7.1. Europe Microgreens Market Size and Forecast, By Type (2023-2030)
7.2. Europe Microgreens Market Size and Forecast, By Farming Method (2023-2030)
7.3. Europe Microgreens Market Size and Forecast, By Application (2023-2030)
7.4. Europe Microgreens Market Size and Forecast, By Distribution Channel (2023-2030)
7.5. Europe Microgreens Market Size and Forecast, by Country (2023-2030)
7.5.1. UK
7.5.2. France
7.5.3. Germany
7.5.4. Italy
7.5.5. Spain
7.5.6. Sweden
7.5.7. Austria
7.5.8. Rest of Europe
8. Asia Pacific Microgreens Market Size and Forecast (by Value USD Million)
8.1. Asia Pacific Microgreens Market Size and Forecast, By Type (2023-2030)
8.2. Asia Pacific Microgreens Market Size and Forecast, By Farming Method (2023-2030)
8.3. Asia Pacific Microgreens Market Size and Forecast, By Application (2023-2030)
8.4. Asia Pacific Microgreens Market Size and Forecast, By Distribution Channel (2023-2030)
8.5. Asia Pacific Microgreens Market Size and Forecast, by Country (2023-2030)
8.5.1. China
8.5.2. S Korea
8.5.3. Japan
8.5.4. India
8.5.5. Australia
8.5.6. Indonesia
8.5.7. Malaysia
8.5.8. Vietnam
8.5.9. Taiwan
8.5.10. Bangladesh
8.5.11. Pakistan
8.5.12. Rest of Asia Pacific
9. Middle East and Africa Microgreens Market Size and Forecast (by Value USD Million)
9.1. Middle East and Africa Microgreens Market Size and Forecast, By Type (2023-2030)
9.2. Middle East and Africa Microgreens Market Size and Forecast, By Farming Method (2023-2030)
9.3. Middle East and Africa Microgreens Market Size and Forecast, By Application (2023-2030)
9.4. Middle East and Africa Microgreens Market Size and Forecast, By Distribution Channel (2023-2030)
9.5. Middle East and Africa Microgreens Market Size and Forecast, by Country (2023-2030)
9.5.1. South Africa
9.5.2. GCC
9.5.3. Egypt
9.5.4. Nigeria
9.5.5. Rest of ME&A
10. South America Microgreens Market Size and Forecast (by Value USD Million)
10.1. South America Microgreens Market Size and Forecast, By Type (2023-2030)
10.2. South America Microgreens Market Size and Forecast, By Farming Method (2023-2030)
10.3. South America Microgreens Market Size and Forecast, By Application (2023-2030)
10.4. South America Microgreens Market Size and Forecast, By Distribution Channel (2023-2030)
10.5. South America Microgreens Market Size and Forecast, by Country (2023-2030)
10.5.1. Brazil
10.5.2. Argentina
10.5.3. Rest of South America
11. Company Profile: Key players
11.1. BrightFarms (New York, USA)
11.1.1. Overview
11.1.2. Product Portfolio
11.1.3. Financial Overview
11.1.3.1. Total Revenue
11.1.3.2. Segment Revenue
11.1.3.3. Regional Revenue
11.1.4. SWOT Analysis
11.1.5. Strategic Analysis
11.1.6. Recent Developments
11.2. Gotham Greens (New York, USA)
11.3. AeroFarms (New Jersey, USA)
11.4. Plenty Unlimited Inc. (California, USA)
11.5. Local Roots Farms (California, USA)
11.6. Infarm (Berlin, Germany)
11.7. Nordic Harvest (Denmark)
11.8. Jones Food Company (UK)
11.9. GrowUp Farms (UK)
11.10. LettUs Grow (UK)
11.11. Ponix Systems (Singapore)
11.12. Farmshelf (Singapore)
11.13. InFarm (Hong Kong)
11.14. YesHealth Group (Taiwan)
11.15. Sky Greens (Singapore)
11.16. GreenBridge (South Africa)
11.17. Crop One Holdings (UAE)
11.18. Emirates Hydroponics Farms (UAE)
11.19. Greenheart UAE (UAE)
11.20. Pure Harvest Smart Farms (UAE)
11.21. Sky Urban Solutions (Brazil)
11.22. Urbano Greens (Brazil)
11.23. Metropolis Farms (Brazil)
11.24. Smart Green (Brazil)
11.25. Greenhouse Brazil (Brazil)
12. Key Findings
13. Industry Recommendations
13.1. Strategic Recommendations
13.2. Future Outlook