Microgreens Market: Should They Be a Part of Your Diet?

Microgreens Market: Should They Be a Part of Your Diet?

Published Date: 23-Aug-2023

Nowadays, it might be difficult to ensure you're eating correctly and obtaining the right amounts of vitamins and nutrients due to our hectic lifestyles. Many people use dietary supplements, which can be expensive and have lists of doubtful ingredients. Conversely, microgreens provide a natural and healthy approach to including wholesome vegetables. They're also enjoyable to grow and ideal for novice gardeners!

Also, demand for the microgreens market is increasing because more people are resorting to urban farming as the population rises to produce nutritious food. Urban farmers frequently use microgreens because they can be produced in compact areas and have quick development cycles, enabling numerous harvests to occur quickly.

What are Microgreens?

Microgreens are immature, tender vegetable greens that are 2.5–7.5 cm (1-3 inches) tall. They come in various colors and textures, have a fragrant flavor, and contain rich nutrients. Microgreens, which fall between a sprout and a baby green, are considered young plants.

Health Benefits of Microgreens

Vegetables are rich sources of vitamins; however, phytochemicals and minerals in microgreens offer even more nutritious value. Here are some of the benefits of microgreens:

  • Manages type 2 diabetes
  • Antioxidant content
  • Improves heart health
  • Prevents cancer
  • Protects vision

Market Value

The global microgreens market was valued at USD 1.75 billion in 2022 and is expected to grow to USD 4.29 billion at a CAGR of 9.66% during the forecast period of 2032.

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What is Driving the Growth of the Market?

Many people have started growing microgreens at home, in community gardens, or in small-scale commercial operations, as urban agriculture has recently gained popularity. Thus, the microgreens market size has expanded due to rising demand for them. According to the UN Food and Agricultural Organization, 800 million people cultivate fruits, vegetables, or animals in cities, making up 15-20% of the world's food supply.

Moreover, microgreens are in demand due to the growing popularity of urban agriculture. They are a nutritious, simple-to-grow, and adaptable solution for small-scale production. This has stimulated the market for microgreens to expand, and it will probably continue to do so in the future as consumers desire these tiny but nourishing plants.

Market's Regional Overview

Asia Pacific is expected to grow faster than other regions because of the region's expanding population, which is driving up demand for wholesome food items in nations like India, China, and Japan. Because of their high nutritious content, microgreens are becoming increasingly well-liked among the region's health-conscious consumers, expanding the microgreens market growth.

Moreover, North America is anticipated to have a higher revenue share during the forecast period. Consumer demands for wholesome and environmentally friendly food options fuel a growing trend in North America toward organic and locally sourced food items. Microgreens are preferred among customers because they are frequently grown using organic farming techniques and are simple to grow locally.

The Recent Developments

  • In April 2023, AeroFarms will open a new farm in New Jersey that will be used only for research and development.
  • Sun Capital finalized the acquisition of Fresh Origins, the world's leading producer and shipper of microgreens for its loyal food-service and retail clients, in January 2023.

Key Takeaways

Microgreens are delicious and easy to include in your diet in several ways. They are also incredibly nutritious and may reduce your probability of contracting specific diseases. They're quite affordable to increase nutrient intake without buying ample vegetables because they're simple to cultivate at home. As a result, the microgreens market is increasing globally.