Driven by the Increasing public awareness of health issues and the use of indoor Farming techniques, the Global Microgreens Market Is Forecasted to Reach nearly US$ 2.5 Bn By 2028 says Ken Research Study.
Microgreens are small and delicate vegetables that are harvested when they form two cotyledons, a cotyledon is the first leaf of the plant to emerge from the seed after germination. It offers numerous health benefits such as heart disease, Alzheimer’s, diabetes, and cancer. In addition, it can also be used in various dishes like soups, pizzas and pastas as a garnishing agent. Microgreens can be harvested using different farming techniques such as indoor farming, vertical farming, commercial greenhouses, and more, and are often used for residential and commercial purposes.
Ken Research shares 3 key insights on this high-opportunity market from its latest research study.
1. The Microgreens Market Is Witnessing Steady Growth Owing to The Adoption of Microgreens for A Better and Healthy Lifestyle.
The microgreens market is witnessing steady growth owing to the increasing public awareness regarding health issues, which led to the adoption of microgreens for a healthy lifestyle. As microgreens are highly rich in fibers, antioxidants, minerals, and vitamins which significantly reduce the risks of severe problems like high blood pressure, high cholesterol, diabetes, and more. Furthermore, microgreens are widely used in restaurants for adding flavors to salads, soups, pizzas, and more as microgreens are very sweet-scented in nature.
According to Ken Research estimates, the Global Microgreens Market – valued at around ~US$ 1 billion in 2017 and estimated to reach nearly ~US$ 1.5 billion by 2022 – it is further expected to reach a market size of ~US$ 2.5 billion opportunities by 2028.
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2. The Rise in the Adoption of Indoor Vertical Farming Is Driving the Growth of the Global Microgreens Market.
Indoor farming refers to the production of agricultural products in a controlled environment, such as a building, where crops are given the necessary conditions, such as the right temperature, light, water, and growth media. Indoor Farming allows producers to take output in any season as well as increases land productivity, thus it is gaining significant popularity worldwide. Microgreens are said to be the ideal crops for indoor farming as it is small in size with rich in nutrients, minerals and vitamins also microgreens have short growth periods as compare to other vegetables thus making its harvesting time less and farmers is able to deliver new product per week to the market.
The below graphs depict the average harvesting time taken for microgreens indoor and outdoor (in days).
3. The Need for Soil Testing and high Production cost for microgreens Acts as a Major Challenge for the Market.
High initial cost and the lack of nutritional shortages in the soil such as nitrogen, and phosphorus acts as a major challenge for microgreens market. Soil provides the major source of nutrients to plants for growth. Soil nutrients such as nitrogen, phosphorus, and potassium are most important for healthy plant growth.
Thus, to check the required fertility and nutrients in the soil many countries are now providing soil tests which will help the farmers to check the health of the soil and use various methods to improve the fertility of the soil. Soil test is most important for the microgreens farming as the soil is only used once for each batch, thus top-quality soil is needed. Such that proper and authorized labs are required for reliable test results that can help farmers with microgreen farming.
The below graphs depict the Number of Soil Test labs in India Authorised by Indian Government (Top Five States).
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Key Players Mentioned in the Report
- AeroFarms
- Good Leaf Farms
- Fresh Origins
- Gotham Greens
- Madar Farms
- 2BFresh
- Farmbox Greens
- Living Earth Farm
- Metro Microgreens
- Chef’s Garden
Notable Emerging Companies Mentioned in the Report
- FARM2FAM
- Leafood
- Plenty
- UGF Farming
- Living Food Company
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Microgreens Producers
- Microgreens Farm Owners
- Microgreens Industry Association
- Microgreens Marketing & Distribution Companies
- Microgreens Products Manufacturers
- Government Ministries and Departments of Agriculture
- Government Ministries and Departments of Food
- Government Ministries of Consumer Affairs, Food, and Public Distribution
- Venture Capitalists Targeting the Microgreens Industry
- Organic Farming Companies
- Organic Farming Cooperative Societies
- Farming Research Institutes
Time Period Captured in the Report
- Historical Period: 2017-2021
- Forecast Period: 2022E-2028F
For More Information on the Research Report, refer to below links: –
Global Microgreens Market: Ken Research
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