The global microgreens market is projected to grow to USD 2.48 BN by 2030, with a 13.50% CAGR from 2022 to 2030. The rise in expenditure for premium food products and the growing consumer awareness of the health benefits of microgreens are key growth drivers. Changing culinary trends and a growing interest in gourmet and exotic foods are also contributing to the market dynamics of microgreens.
Whether used by chefs in restaurants or home cooks in their own kitchen, microgreens are added to enhance both the aesthetic and levels of flavors in dishes. The microgreens 'delicate texture, lustrous pigment and one-of-a-kind often make them a fine condiment in the cookbook.
The microgreens market is undergoing another dramatic change. Also with the emphasis on freshly grown and close-at-hand produce, microgreens prove very attractive. Both production and growth are greatly supported by the advantage of microgreens. This concurs with the trend of sustainable and environmentally friendly foods. Microgreens fulfills both the practical need of the eating public as well as meeting the needs of environmental consciousness.
Such consumer education and awareness campaigns do play a role in the changing dynamics of the microgreens market. People now know that micros are not only not only healthy, but also easy to grow, and that they can be used in almost any dish, and so more or less everyone wants some. Many educational projects focus on the unique health benefits of different microgreens.
As functional foods, which provide nutrition and health benefits, are increasingly becoming a mainstream dietary supplement, the high nutrient density of microgreens, and the superiority of microgreens over produce in most nutrients, is a selling point that does not easily slip past the health-conscious consumer. Interestingly, with many labor-saving technology applications taking hold in the agricultural sector, microgreens have begun impacting the market structure.
Microgreens are grown year-round in many countries thanks to the application of control environment agriculture, hydroponics, and vertical farming technologies, so as to overcome the seasonal limitations and prevent chaos from being unable to provide a guaranteed supply. Therefore, modern innovations find their way into all the processes involved in microgreens cultivation, including enhancing their efficiency, reducing resources used, and the quality of the crops, too.
This ensures a prosperous and technology-intensive microgreens industry. New microgreen varieties are being introduced, and the market is diversifying, all of which are changing up current market trends. Traditional microgreens such as arugula, kale, and radish please the tongue, and now that the market share of suppliers has widened, producers are offering different varieties according to the varying preferences of consumers.
More exotic seedlings like shiso, amaranths, and mustard greens are slowly becoming popular. A wider range of plants will no doubt give consumers more things to play with when cooking. Retails industry relations are important to the market dynamics of microgreens. Microgreens are more readily available, having begun to appear in supermarkets, specialty produce stores and farmer's markets to increase consumer access.
Report Attribute/Metric | Details |
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Segment Outlook | Type, Farming, Distribution Channel, End User, and Region |
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