Global Smart Microgreen Market Insights 2024, Analysis and Forecast to 2031, By Technology, By Product Type, By Crop Type, By Distribution Channel, By Application, By End Use
- Published Date : 2024-08-21
- Pages : 100
- Report Id : 40432
- Categories : Agriculture
This report describes the global market size of Global Smart Microgreen Market from 2019 to 2022 and its CAGR from 2019 to 2023, and also forecasts its market size to the end of 2031 and its expected to grow with a CAGR of 12.8% from 2024 to 2031.
Due to the COVID-19 pandemic, the global market for Global Smart Microgreen Market estimated at US 2.14 $ billion in the year 2023, is projected to reach a revised size of US 3.46 $ million by 2031, growing at a CAGR of 12.8% during the forecast period 2024-2031.
Global Smart Microgreen Market refers to microgreens, those are miniature versions of vegetables and herbs harvested at an early stage, typically within 7-21 days of sowing. They are valued for their concentrated nutrients, intense flavors, and culinary versatility. Increasingly popular in health-conscious markets, microgreens are used in gourmet dishes, salads, and as garnishes, appealing to consumers seeking fresh, nutrient-dense foods.
For geography segment, regional supply, demand, major players, price is presented from 2019 to 2031. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Global Smart Microgreen Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Technology
Automated Systems
IoT-Enabled Systems
LED Lighting Systems
Data Analytics and AI
In 2023, the microgreen market is revolutionised by, Automated Systems, that introduces robotics and mechanization to microgreen cultivation, offering enhanced efficiency and reduced labor costs for growers. While IoT-Enabled System is successful in integrating sensors and connectivity to monitor and optimize microclimate conditions, ensuring precise control over growth parameters and maximizing yield.
LED Lighting Systems employs energy-efficient LEDs tailored to microgreens' light spectrum needs, accelerating growth cycles and maintaining product quality.
Whilst Data Analytics and AI leverages advanced analytics and AI algorithms to analyze growing data, predict outcomes, and optimize production strategies, driving innovation and sustainability in microgreen farming.
By Product Type
Hydroponic Microgreens
Soil-Based Microgreens
Aeroponic Microgreens
In 2023, the microgreen market is categorised into, Hydroponic Microgreens, where soil less cultivation takes place in a nutrient-rich water solutions ,offering efficient nutrient uptake and controlled growth environments, appealing to urban and indoor farming markets.
Soil-Based Microgreens occurs in traditional soil mediums, benefited by natural nutrients and microbial interactions, catering to organic and sustainable farming preferences.
In Aeroponic Microgreens, root systems suspended in air and misted with nutrient solutions this promotes efficient water usage and accelerated growth rates, ideal for high-tech farming environments and sustainability-focused markets.
By Crop Type
Leafy Greens
Herbs
Vegetables
Specialty Crops
In 2023, the microgreen market is categorized based on different crop that are used to produce microgreens. The Leafy Greens segments includes varieties like kale, spinach, and lettuce, leafy green microgreens are prized for their crisp textures, vibrant colors, and nutrient density.
Herbs such as basil, cilantro, and parsley, herb constitutes this segment, offering intense flavors and aromatic profiles, enhancing culinary dishes and beverages while catering to gourmet and farm-to-table markets.
Vegetables including broccoli, radish, and pea shoots, vegetable microgreens provide concentrated flavors and nutritional benefits similar to their mature counterparts.
And Specialty Crops such as micro versions of mustard greens, sorrel, and amaranth, caters to niche markets seeking unique flavors, textures, and nutritional profiles, appealing to chefs, health enthusiasts, and gourmet markets
By Distribution Channel
Online Sales
Offline Sales
Direct Sales
In 2023, the microgreen market is distributed by, Online Sales via e-commerce, offering convenience, wider reach, and fresh delivery options to health-conscious consumers and urban dwellers.
Offline Sales, focuses on specialty grocery stores, farmers' markets, and gourmet shops, offline sales cater to local communities seeking fresh, locally grown microgreens, emphasizing quality and direct customer interaction.
While Direct Sales relies on farm-to-table models and community-supported agriculture (CSA) programs. Provides direct access to microgreens from growers, fostering relationships, transparency, and sustainability while meeting demand for locally sourced, fresh produce.
By Application
Residential
Commercial
Educational
In 2023, the microgreen market, the Residential segments are driving the market offering them a nutrient rich alternative to their consumption patterns ,since microgreens are convenient and cost-effective.
Commercial utilization in restaurants, hotels, and catering services, microgreens enhance culinary presentations, adding flavor, texture, and nutritional value to dishes while meeting high standards of freshness and quality.
Educational segments integrates microgreens into school curricula, culinary programs, and community workshops. Serve as educational tools for teaching about nutrition, gardening, and sustainable agriculture, promoting hands-on learning and healthy eating habits.
By End Use
Individual
Commercial
Restaurants
Retail Stores
Healthcare and Wellness Centers
In 2023, the microgreen market, driven by Individual consumers, who purchase microgreen for personal uses due to its nutrient rich nature and affordability. Commercial users provide microgreens to their target market based on requirements and various value addition.
Whilst Restaurants serve food and beverages with microgreens as its focus point to customers. Similarly Retail stores sell microgreens directly to consumers.
Healthcare and wellness centers provide microgreens aimed at improving health and well-being.
Company-
AeroFarms
BrightFarms
Plenty
Bowery Farming
Farm.One
Infarm
Square Roots
Click & Grow
Herbz & Co
Farmbox Greens
Please ask for sample pages for full companies list
Base Year: 2023
Historical Data: from 2019 to 2023
Forecast Data: from 2024 to 2031
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TABLE OF CONTENTS
Market Taxonomy
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis and Recommendations
1.3. Analysis and Recommendations
2. Market Introduction
2.1. Market Definition
3. Market Background
3.1. Parent/Associated Market Overview
3.1.1.Smart Microgreen Outlook
3.1.2.Smart Microgreen Overview
3.2. Macro-Economic Overview
3.2.1. GDP Growth
3.2.2. Retail Industry Growth
3.3. Pricing Analysis
3.4. Challenges related to adoption of Smart Microgreen
3.5. Regulations of Smart Microgreen
3.6. Forecast Factors: Relevance and Impact
3.7. Market Dynamics
3.7.1. Drivers
3.7.2. Restraints
3.7.3. Opportunity
3.7.4. Trends
3.7.5. SWOT Analysis
4. Market Forecast
4.1. Market Value Projections
4.2. Market Size Projections
4.3. Y-o-Y Projections
4.4. Absolute Opportunity Analysis
5. Global Smart Microgreen Market Value Chain Analysis
5.1.Smart Microgreen Value Chain
5.1.1. List of Raw Material Suppliers
5.1.2. List of Smart Microgreen Manufacturer
5.1.3. List of Segment
6. Global Smart Microgreen Market Analysis Technology
6.1. Introduction
6.1.1. Market Value Share Analysis By Technology
6.1.2. Y-o-Y Growth Analysis By Technology
6.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Technology
6.3. Market Attractiveness Analysis Technology
7. Global Smart Microgreen Analysis By Product Type
7.1. Introduction
7.1.1. Market Value Share Analysis By Product Type
7.1.2. Y-o-Y Growth Analysis By Product Type
7.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Product Type
7.3. Market Attractiveness Analysis By Product Type
8. Market Structure Analysis
8.1. Market Analysis by Tier of Companies
8.1.1. By Large, Medium, and Small
8.2. Market Concentration
8.2.1. By Top 5 and by Top 10
8.3. Type ion Capacity Share Analysis
8.3.1. By Large, Medium, and Small
8.3.2. By Top 5 and Top 10
8.4. Technology Roadmap
9. Competition Analysis
9.1. Competition Dashboard
9.2. Company Profiles (15 Companies)
9.2.1.AeroFarms
9.2.1.1. Overview
9.2.1.2. Type Portfolio
9.2.1.3. Financial Overview
9.2.2. BrightFarms
9.2.2.1. Overview
9.2.2.2. Type Portfolio
9.2.2.3. Financial Overview
9.2.3. Plenty
9.2.3.1. Overview
9.2.3.2. Type Portfolio
9.2.3.3. Financial Overview
9.2.4. Bowery Farming
9.2.4.1. Overview
9.2.4.2. Type Portfolio
9.2.4.3. Financial Overview
9.2.5. Farm.One
9.2.5.1. Overview
9.2.5.2. Type Portfolio
9.2.5.3. Financial Overview
9.2.6. Infarm
9.2.6.1. Overview
9.2.6.2. Type Portfolio
9.2.6.3. Financial Overview
9.2.7.Square Roots
9.2.7.1. Overview
9.2.7.2. Type Portfolio
9.2.7.3. Financial Overview
9.2.8. Click & Grow
9.2.8.1. Overview
9.2.8.2. Type Portfolio
9.2.8.3. Financial Overview
9.2.9. Herbz & Co
9.2.9.1. Overview
9.2.9.2. Type Portfolio
9.2.9.3. Financial Overview
9.2.10. Farmbox Greens
9.2.10.1. Overview
9.2.10.2. Type Portfolio
9.2.10.3. Financial Overview
9.2.11. COMPANY11
9.2.11.1. Overview
9.2.11.2. Type Portfolio
9.2.11.3. Financial Overview
9.2.12. COMPANY12
9.2.12.1. Overview
9.2.12.2. Type Portfolio
9.2.12.3. Financial Overview
9.2.13. COMPANY13
9.2.13.1. Overview
9.2.13.2. Type Portfolio
9.2.13.3. Financial Overview
9.2.14. COMPANY14
9.2.14.1. Overview
9.2.14.2. Type Portfolio
9.2.14.3. Financial Overview
9.2.15. COMPANY15
9.2.15.1. Overview
9.2.15.2. Type Portfolio
9.2.15.3. Financial Overview
10. Global Smart Microgreen Market Analysis By Region
10.1. Introduction
10.1.1. Market Value Share Analysis By Region
10.1.2. Y-o-Y Growth Analysis By Region
10.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Region
10.2.1. North America
10.2.2. Middle East and Africa
10.2.3. South America
10.2.4. Asia-Pacific
10.2.5. Others
10.3. Current Market Size (USD Mn) Forecast 2023-2030 By Region
10.3.1. North America
10.3.2. Middle East and Africa
10.3.3. South America
10.3.4. Asia-Pacific
10.3.5. Others
10.4. Market Attractiveness Analysis By Region
11. North America Smart Microgreen Analysis
11.1. Introduction
11.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
11.2.1. U.S.
11.2.2. Canada
11.2.3. Mexico
11.2.4. Rest of North America
11.3. Current Market Size (USD Mn) Forecast 2023-2030 By Country
11.3.1. U.S.
11.3.2. Canada
11.3.3. Mexico
11.3.4. Rest of North America
11.4. Historical Market Size (USD Mn) Analysis 2018-2022 By Technology
11.5. Current Market Size (USD Mn) Forecast 2023-2030 By Technology
11.6. Historical Market Size (USD Mn) Analysis 2018-2022 By Product Type
11.7. Current Market Size (USD Mn) Forecast 2023-2030 By Product Type
12. South America Smart Microgreen Analysis
12.1. Introduction
12.2. Regional Pricing Analysis
12.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
12.3.1. Brazil
12.3.2. Argentina
12.3.3. Rest of South America
12.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
12.4.1. Brazil
12.4.2. Argentina
12.4.3. Rest of South America
12.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Technology
12.6. Current Market Size (USD Mn) Forecast 2023-2030 By Technology
12.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Product Type
12.8. Current Market Size (USD Mn) Forecast 2023-2030 By Product Type
13. Europe Smart Microgreen Analysis
13.1. Introduction
13.2. Regional Pricing Analysis
13.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
13.3.1. Germany
13.3.2. Italy
13.3.3. France
13.3.4. Spain
13.3.5. U.K.
13.3.6. Rest of Europe
13.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
13.4.1. Germany
13.4.2. Italy
13.4.3. France
13.4.4. Spain
13.4.5. U.K.
13.4.6. Rest of Europe
13.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Technology
13.6. Current Market Size (USD Mn) Forecast 2023-2030 By Technology
13.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Product Type
13.8. Current Market Size (USD Mn) Forecast 2023-2030 By Product Type
14. Middle East and Africa Smart Microgreen Analysis
14.1. Introduction
14.2. Regional Pricing Analysis
14.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
14.3.1. Saudi Arabia
14.3.2. U.A.E.
14.3.3. South Africa
14.3.4. Turkey
14.3.5. Rest of Middle East and Africa
14.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
14.4.1. Saudi Arabia
14.4.2. U.A.E.
14.4.3. South Africa
14.4.4. Turkey
14.4.5. Rest of Middle East and Africa
15. Asia-Pacific Smart Microgreen Analysis
15.1. Introduction
15.2. Regional Pricing Analysis
15.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
15.3.1. China
15.3.2. India
15.3.3. Japan
15.3.4. South Korea
15.3.5. Singapore
15.3.6. Australia and New Zealand
15.3.7. Rest of Asia-Pacific
15.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
15.4.1. China
15.4.2. India
15.4.3. Japan
15.4.4. South Korea
15.4.5. Singapore
15.4.6. Australia and New Zealand
15.4.7. Rest of Asia-Pacific
i. Research Methodology
ii. Assumptions & Acronyms
LIST OF FIGURES
Figure 01: Global Smart Microgreen Market, BPS Analysis, By Technology, 2018(H), 2023(E) & 2030(F)
Figure 02: Global Smart Microgreen Market, Y-O-Y Growth, By Technology, 2020(A) - 2030(F)
Figure 03: Global Smart Microgreen Market Attractiveness Analysis, By Technology (2020)
Figure 04: Global Smart Microgreen Market, BPS Analysis, By Product Type , 2018(H), 2023(E) & 2030(F)
Figure 05: Global Smart Microgreen Market, Y-O-Y Growth, By Product Type , 2018(H) - 2030(F)
Figure 06: Global Smart Microgreen Market Attractiveness Analysis, By Product Type
Figure 07: Global Smart Microgreen Market, Value Analysis, By Technology, 2018(H)-2030(F)
Figure 08: Global Smart Microgreen Market, Value Analysis, by Material , 2018(H)-2030(F)
Figure 09: Global Smart Microgreen Market, BPS Analysis, by Region, 2018(H), 2023(E) & 2030(F)
Figure 10: Global Smart Microgreen Market, Y-O-Y Growth, by Region, 2018(H) - 2030(F)
Figure 11: Global Smart Microgreen Market Attractiveness Analysis, by Region
Figure 12: North America Smart Microgreen Value (USD Mn Forecast, 2018 – 2022
Figure 13: North America Smart Microgreen Value (USD Mn Forecast, 2023 – 2030
Figure 14: South America Smart Microgreen Value (USD Mn) Forecast, 2018 – 2022
Figure 15: South America Smart Microgreen Value (USD Mn) Forecast, 2023 – 2030
Figure 16: Europe Smart Microgreen Value (USD Mn) Forecast, 2018 – 2022
Figure 17: Europe Smart Microgreen Value (USD Mn) Forecast, 2023 – 2030
Figure 18: Middle East and Africa Smart Microgreen Value (USD Mn) Forecast, 2018 – 2022
LIST OF TABLES
Table 01: Global Smart Microgreen Market Value (USD Mn) Forecast, By Technology, 2018(H) – 2030(F)
Table 02: Global Smart Microgreen Market Value (USD Mn) Forecast, By Product Type , 2018(H) – 2030(F)
Table 03: Global Smart Microgreen Market Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 04: North America Smart Microgreen Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 05: North America Smart Microgreen Value (USD Mn) Forecast, By Technology, 2018(H) – 2030(F)
Table 06: North America Smart Microgreen Value (USD Mn) Forecast, By Product Type , 2018(H) – 2030(F)
Table 07: South America Smart Microgreen Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 08: South America Smart Microgreen Value (USD Mn) Forecast, By Technology, 2018(H) – 2030(F)
Table 09: South America Smart Microgreen Value (USD Mn) Forecast, By Product Type , 2018(H) – 2030(F)
Table 10: Europe Smart Microgreen Value (USD Mn) and Forecast, By Country, 2018(H) – 2030(F)
Table 11: Europe Smart Microgreen Value (USD Mn) Forecast, By Technology, 2018(H) – 2030(F)
Table 12: Europe Smart Microgreen Value (USD Mn) Forecast, By Product Type End User, 2018(H) – 2030(F)
Table 13: Middle East and Africa Smart Microgreen Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 14: Middle East and Africa Smart Microgreen Value (USD Mn) Forecast, By Technology, 2018(H) – 2030(F)
Table 15: Middle East and Africa Smart Microgreen Value (USD Mn) Forecast, By Product Type , 2018(H) – 2030(F)
Table 16: Asia-Pacific Smart Microgreen Value (USD Mn) Forecast, by Country, 2018(H) – 2030(F)
Table 17: Asia-Pacific Smart Microgreen Value (USD Mn) Forecast, By Technology, 2018(H) – 2030(F)
Table 18: Asia-Pacific Smart Microgreen Value (USD Mn) Forecast, By Product Type , 2018(H) – 2030(F)
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