Global Microgreens Market Forecasts Report 2020-2025: Focus on Broccoli, Cabbage, Cauliflower, Peas, & Basil - ResearchAndMarkets.com | Business Wire

2022-10-01 22:50:14 By : Mr. curry zhang

DUBLIN--(BUSINESS WIRE )--The "Global Microgreens Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.

The global Microgreens market is expected to grow at a compound annual growth rate of 7.67% over the forecast period to reach a market size of US$17,039.744 million in 2025 from US$10,936.914 million in 2019.

Broccoli Vegetable holds a major share in the global microgreen market because of its extensive healthier and nutritious qualities. It is also known as a cruciferous vegetable in several regions. In the United States, several types of broccoli are widely consumed. The color of this vegetable ranges from dark green to deep sage, and some of the types also show slightly purplish textures. De Cicco and Calabrise are some of the popular types of broccoli in the United States. There have been several research studies conducted in various institutions and centers to discover and find the health and nutritious benefits of this type of food.

This vegetable exhibits anti-inflammatory properties and can help in preventing and minimizing various types of cancer in the body, although this development is at a novel stage and several studies are required to study the positive effects of the product. It contains abundant minerals, vitamins, and phytonutrients which help in the development of antioxidant properties in a body. Broccoli is one of the few vegetables that contain all types of antioxidants. It also helps to enhance detoxification and helps in digestion as well as cardiovascular support. This vegetable has become widely popular and many countries are growing and cultivating it for agricultural and farming purposes. According to the Food and Agriculture Organization, China and India accounted for 73% of the global production of Broccoli in 2017.

China is a leading producer of Broccoli and produced around 10.4 million metric tonnes followed by India which produced 8.6 million metric tonnes in 2017. USA, Spain, Mexico, and Italy are secondary producers with each nations' production was around 1 million metric tonnes or less in 2017. California is a major producer of Broccoli in the United States and has 92% of the total share in the country. The total global production was around 26 million metric tonnes in 2017. This shows that broccoli will play an imperative role in the growth of the microgreen market.

Vertical Farming will have an indispensable role in the growth of the Microgreens Market in the coming years. With the rising global population and surging urbanization, there is a widespread demand for arable and agricultural land to meet the food requirements and demand. Conventional practices have led to various environment-related problems such as deforestation, water scarcity, and loss of habitat. According to the World Bank, the world lost 502,000 sq. miles of land and forest between 1990 and 2016.

The development of sustainable and environmentally friendly infrastructure has become imperative in recent years. Vertical farming is widely becoming approved and favored in recent years, as it oversees the production of rich value crops that provides more quality and yield than conventional farming. It utilizes proper usage of resources like nutrients, water, time, and space, thereby minimizing carbon footprint and effects. Vertical farming doesn't need considerable arable and agricultural land to grow crops.

Hydroponic type of vertical farming is generating major growth because it doesn't require soil as a medium for the roots. According to the data given by the Food and Agriculture Organization, there were about 2.3 million sq. feet of indoor related farms globally.

Geographically, North America and Europe holds a substantial share in the market on account of early adoption of technology coupled with rising awareness about vertical farming. Also, with the decreasing agriculture land in various developed economies the demand for microgreens is further anticipated to witness significant growth in the coming years.

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900