Global Microgreens Market Size & Outlook, 2023-2030
Global microgreens market, 2017-2030 (US$M)
Related Markets
Global microgreens market highlights
- The global microgreens market generated a revenue of USD 2,788.9 million in 2023 and is expected to reach USD 6,116.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.9% by 2030.
- In terms of segment, commercial greenhouse accounted for a revenue of USD 1,229.5 million in 2023.
- Indoor Vertical Farms is the most lucrative farming type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,788.9 million |
| Market revenue in 2030 | USD 6,116.5 million |
| Growth rate | 11.9% (CAGR from 2023 to 2030) |
| Largest segment | Commercial greenhouse |
| Fastest growing segment | Indoor Vertical Farms |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Indoor Vertical Farms, Commercial Greenhouse |
Other key industry trends
- In terms of revenue, the North America accounted for 28.4% of the global microgreens market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 103.9 million by 2030.
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Microgreens Market Scope
Microgreens Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global microgreens market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microgreens market will help companies and investors design strategic landscapes.
Commercial greenhouse was the largest segment with a revenue share of 44.09% in 2023. Horizon Databook has segmented the Global microgreens market based on indoor vertical farms, commercial greenhouse covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Microgreens Farming Type Outlook (Revenue, USD Million, 2017-2030)
- Indoor Vertical Farms
- Commercial Greenhouse
- Others
- Global Microgreens Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- Retail Stores
- Online
- Farmers Market
- Others
- Global Microgreens Produce Outlook (Revenue, USD Million, 2017-2030)
- Broccoli
- Cabbage
- Radish
- Arugula
- Basil
- Amaranth
- Celery
- Beets
- Others
Reasons to subscribe to Global microgreens market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global microgreens market databook
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Our clientele includes a mix of microgreens market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global microgreens market , including forecasts for subscribers. This global databook contains high-level insights into Global microgreens market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global microgreens market size, by regions, 2017-2030 (US$M)
Top 10 countries: Microgreens market size, 2023 (US$M)
Global microgreens market share, by farming type, 2023 & 2030 (%, US$M)
Microgreens market: Opportunity assessment by country
Global microgreens market, by region, 2023 (US$M)
Related regional statistics
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