What Has Been The Historical And Current Growth Of The Microgreens Market?
The microgreens market has seen considerable growth due to a variety of factors.
• In recent years, the microgreens market has witnessed a swift expansion. The market, valued at $2.14 billion in 2024, is projected to reach $2.4 billion in 2025, recording a compound annual growth rate (CAGR) of 12.2%.
This substantial growth in the historical period can be ascribed to a surge in consumer knowledge, the embrace of microgreens in the restaurant and foodservice sector, the emergence of urban agriculture and home gardening, identification of microgreens as high-nutrient, healthy components, and increased popularity of urban farming.
What Is The Forecast For The Microgreens Market By 2029?
The microgreens market is expected to maintain its strong growth trajectory in upcoming years.
• Anticipations are high for the swift expansion of the microgreens market size in the coming years. With a compound annual growth rate (CAGR) of 13.1%, the market is projected to attain a value of $3.93 billion by 2029.
This projected growth within the anticipated period is largely due to the increasing focus on sustainable farming practices, preference for locally sourced products, and the demand for substitute protein sources. Additionally, the surging requirement for premium and high-grade ingredients coupled with the rising demand for eco-friendly and sustainable foods contribute to the market growth. Major anticipated trends within this forecast period encompass escalated investments in the exploration and development of novel microgreen types, growing patronage of microgreens in the food service and cosmetic sectors, as well as an increasing focus on product innovation, distinct microgreen varieties, and environmentally-friendly packaging.
Which Key Drivers Are Propelling The Microgreens Market's Growth?
The adoption of indoor and vertical farming is anticipated to fuel the growth of the microgreens market. Vertical indoor farming involves cultivating plants stacked on top of each other in a controlled and enclosed setting. When compared to traditional farming methods, using vertically arranged growing racks greatly reduces the land requirement. This method is often associated with urban agriculture due to its ability to thrive in tight spaces. The perks of indoor vertical farming range from fostering sustainable urban development to optimizing crop yields with less labor costs. Because microgreens take up little space, they are often cultivated using vertical indoor farming. For instance, as per the Department for Environment, Food & Rural Affairs, a governmental department in the UK, in April 2024, total income from farming (TIFF) in England amounted to $7.46 billion (£5.7 billion), showing an upward trend across all eight regions, averaging a 15% increase from 2021 to 2022. The East of England was the top contributor to TIFF, representing 19%, while the North East made the smallest contribution of just 4.5%. As a result, the upsurge in the adoption of indoor and vertical farming practices is expected to propel the microgreens market's expansion.
What Are The Key Segments Within The Global Microgreens Market?
The microgreens market covered in this report is segmented –
1) By Type: Broccoli, Cabbage, Cauliflower, Arugula, Peas, Basil, Radish, Cress, Other Types
2) By Category: Organic, Conventional
3) By Farming Method: Indoor Vertical Farming, Commercial Greenhouse, Other Farming
4) By End User: Retail, Food Service, Other End-users
Subsegments:
1) By Broccoli: Sprouting Broccoli Microgreens, Green Sprouting Microgreens
2) By Cabbage: Red Cabbage Microgreens, Green Cabbage Microgreens
3) By Cauliflower: White Cauliflower Microgreens, Purple Cauliflower Microgreens
4) By Arugula: Wild Arugula Microgreens, Cultivated Arugula Microgreens
5) By Peas: Pea Shoots, Snow Peas Microgreens
6) By Basil: Genovese Basil Microgreens, Thai Basil Microgreens
7) By Radish: Red Radish Microgreens, Daikon Radish Microgreens
8) By Cress: Garden Cress, Watercress
9) By Other Types: Beet Microgreens, Sunflower Microgreens, Mustard Microgreens, Chard Microgreens
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How Are New Trends Impacting The Size Of The Microgreens Market?
Advancements in technology are redefining trends in the microgreens market. Microgreens, grown in capsules, are now meticulously monitored through AI-powered systems that observe their growth via a chip embedded in the growing cabinet. They warn of potential issues and suggest optimal harvesting times. For example, in March 2024, Ro-Gro, a vertical farming entity based in the UK, introduced Biofortified Microgreens. This was made possible through a joint venture involving Ro-Gro, the John Innes Centre, the Quadram Institute, and the indoor farming tech company LettUs Grow. This venture resulted in the production of the first-ever pea shoots fortified with vitamin B12, which are cultivated using ultrasonic aeroponic technology from LettUs Grow at Ro-Gro's vertical farm in Kent. This progressive blend of agricultural and nutritional science signifies a major leap in the production of biofortified food. It also accentuates the successful merging of technology and agriculture in developing a sustainable food system in the UK.
Who Are the Key Players in the Microgreens Market?
Major companies operating in the microgreens market include:
• AeroFarms LLC
• Goodleaf Farms
• Living Earth Farm
• Fresh Origins
• Gotham Greens
• Bowery Farming Inc.
• Charlie’s Produce (Farmbox Greens LLC)
• Madar Farms
• Metro Microgreens
• The Chef's Garden Inc.
• Koppert Cress USA
• Pacific Coast Greens
• Great Lakes Growers
• Florida Microgreens
• Farm.One
• BrightFarms
• Plenty
• Bright Agrotech
• Edenworks
• Green Sense Farms
• Local Roots Farms
• Lufa Farms
• Square Roots
• Urban Oasis
• Urban Produce
• Vertical Harvest
• Zip Grow
• Infinite Harvest
• Harvest Urban Farms
What are the Regional Insights into the Microgreens Market?
North America was the largest region in the microgreens market in 2024. The regions covered in the microgreens market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
