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MICROGREENS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Microgreens Market, By Product Type (Broccoli, Radish, Pea Shoots, Basil, Cabbage, Arugula, and Others), By Farming Method (Indoor Farming, Conventional Farming (Soil-Based), Vertical Farming, and Others), By Distribution Channel (Retail, Direct Sales (Farmers\' Markets), and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Nov 2024
  • Code : CMI7462
  • Pages :160
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

Regional Analysis

Microgreens Market Regional Insights

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Dominating Region: Europe

Europe is expected to dominate the market in 2024 with an estimated share of 39.8%. Europe’s dominance in the microgreens market can be attributed to several factors including a well-established market ecosystem and supply chain that supports microgreens production and distribution.

Fastest-Growing Region: Asia Pacific

Asia Pacific region exhibits the fastest growth, led by countries such as China and India. Governments in the region are promoting controlled agriculture and urban farming to enhance food security. This has encouraged local production of microgreens as well.

Microgreens Market Outlook for Key Countries

Germany leadership in new product innovations for the sustainable food

Germany’s market continues to be dominated by prominent players focusing on new product innovations. Germany is one of the leading markets for organic and sustainable food in Europe, and microgreens have been gaining popularity in recent years. Health-conscious consumers, chefs, and restaurants are increasingly incorporating microgreens into their menus.

The Rise of Indoor Vertical Farming of Microgreens in France

France’s market is supported by indoor vertical farming of microgreens in provinces experiencing harsh winters. Similar to Germany, France benefits from a strong culinary culture that embraces microgreens for their flavor and nutritional benefits. Growing health consciousness among the French population is further expected to boost demand.

Growing Demand for Microgreens in the U.K. Market

The U.K. market is characterized by a growing interest in health and wellness, with consumers seeking nutrient-dense foods. This trend is expected to drive the demand for microgreens. The retail sector in the U.K. is expanding, with supermarkets and online platforms increasingly offering a variety of microgreens, making them more accessible to consumers.

China’s Dominance in the Asia Pacific for Microgreens

China continues to lead in terms of volume, with local giants investing in R&D and automation. China is emerging as a significant player in the Asia Pacific market for microgreens, driven by a rising health-conscious population and increasing demand for organic produce. The country is witnessing rapid advancements in indoor vertical farming technologies, which are being adopted by local growers to enhance production efficiency and meet consumer demand.

Growing Opportunity for Small Farmers in India

India's market is witnessing double digit growth as microgreen farming provides additional income to small farmers. The demand for microgreens in India is on the rise, fueled by health-conscious consumers looking for nutrient-dense foods. As awareness about the benefits of microgreens grows, more people are incorporating them into their diets.

Health Benefits and Functional Foods growing demands in Japan

Japan has a strong focus on health and nutrition, which is propelling the demand for microgreens. The Japanese market is characterized by a growing interest in functional foods, including microgreens, due to their health benefits. Microgreens are increasingly being used in traditional Japanese cuisine, adding both flavor and visual appeal to dishes, which is likely to support market growth.

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