Broccoli Microgreens Market is Booming: Insights into

Broccoli Microgreens Market

According to a new report published by Allied Market Research, titled ‘Broccoli Microgreens Market’, the Broccoli Microgreens market size was estimated at $237.20 million in 2021, and is estimated to reach $398.5 million by 2031, growing at a CAGR of 5.5% compared to 2022 to 2031.

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Baby broccoli plants that are harvested 10 days or less after germination are known as microgreens. In some places it is also called a cruciferous vegetable. This vegetable comes in a variety of shades, from deep sage to dark green, and some varieties have textures that lean slightly purplish. Some of the most beloved types of broccoli are Calabrese and De Cicco.

Domestic agriculture is simply the practice of growing food crops in a controlled environment so that they can be produced year-round with high levels of productivity. Farmers are turning to indoor farming due to rising food demand and declining agricultural food production. The decrease in fertile land, poor meteorological conditions and restrictions on the use of natural resources are the main causes of the decline in agricultural production. As a result of these problems, conventional agriculture cannot meet the needs of the growing population. For example, the United Nations (UN) predicts that the 7.6 billion people currently living on Earth will increase to 9.8 billion in 2050 and 11.2 billion in 2100. (UN, 2017). Due to benefits such as increased productivity of agricultural land; protection against extreme weather conditions; more effective use of productive resources; and a reduced risk of pests, weeds and crop diseases; Greenhouses and indoor vertical farming are mainly agricultural methods used for microgreen production. Further encouraging farmers to adopt farming is the increase in technological advancements in indoor farming, including the revival of information technology in vertical farming and greenhouses, which indirectly supports Broccoli Microgreens market growth over the forecast period.

One of the latest innovations in indoor farming is indoor vertical farming. The majority of farmers are ignorant about this technique and the crops that can be grown with this style of farming. Various technologies, including sensors, artificial intelligence, automatic systems, hydroponic, aquaponic and aeroponic systems, are used in vertical farming and greenhouse horticulture. Qualified and skilled personnel are required to operate these advanced systems. Technically trained people are also needed for machine and computer maintenance. Vertical farming is no exception to the number of industries affected by a lack of skilled labor on a global scale. Furthermore, the majority of farmers enter this market using their expensive, inefficiently designed systems. The types of microgreens are quite limited. Broccoli microgreens are still not included in the vegetable range because there are many different types and types of vegetables. These elements are expected to limit market expansion.

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Broccoli microgreens require a widespread distribution network in addition to advertising to increase awareness. Microgreens are now more readily available due to the rapidly increasing number of large retail establishments, such as supermarkets and hypermarkets, in developing countries, creating numerous market opportunities for Broccoli Microgreens. These locations also help grow sales of functional foods. The distribution of various agricultural food products, such as packaged fruits and vegetables, has improved with the help of supermarkets, hypermarkets and convenience stores. Urbanization is expected to accelerate the expansion of the retail sector, increasing the demand for Broccoli Microgreens in the consumer market. In addition, microgreen farmers run their own websites to market their products. Over the expected term, the rise of the microgreens market will be supported by online stores and farmers markets.

The broccoli microgreens market is segmented based on end user, agriculture, distribution channel and region. Per end user, the market is segmented into residential and commercial. In terms of agriculture, it is divided into indoor farming, vertical farming, commercial greenhouses and others. According to the distribution channel, it is divided into stores, online stores, farmers markets and others. Regionally, it is analyzed in North America (the US, Canada and Mexico), Europe (Russia, Spain, Italy, France, Germany, the UK and the rest of Europe), Asia-Pacific (China, Japan, India, Singapore, South Korea, Australia and the rest of Asia Pacific) and LAMEA (Latin America, the Middle East and Africa).

The players operating in the broccoli microgreens industry have adopted product launch and business expansion as their key development strategies to expand their market share, increase profitability and stay competitive in the market. Key players profiled in this report include 2BFresh, AeroFarms, Farmbox Greens LLC, Fresh City Farms Inc., Fresh Origins, GoodLeaf Farms, Green Thumb Growers TT, Living Earth Farm, Seed Leaf Micro Farm and The Chef’s Garden Inc .

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Key findings of the study

➤Depending on the end user, the commercial segment was the highest revenue contributor to the Broccoli Microgreens industry and is estimated to reach $348.2 million by 2031, with a CAGR of 5.3%.

➤ In terms of agriculture, the commercial greenhouse segment dominated the global market in the year 2021 and is likely to remain dominant during the Broccoli Microgreens market forecast period.

➤Based on distribution channel, the farmers market segment dominated the market size for Broccoli Microgreens in 2021 and is likely to remain dominant during the forecast period.

➤Regionally, the European region dominated the global market in the year 2021 and is likely to remain dominant during the forecast period.

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Allied Market Research (AMR) is a full-service market research and business advisory division of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global corporations as well as medium and small businesses with unparalleled quality of ‘Market Research Reports’ and ‘Business Intelligence Solutions’. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization towards delivering high-quality data and insights. We maintain professional business relationships with various companies and this helps us in mining market data that helps us generate accurate research data tables and confirm the utmost accuracy of our market forecasts. All data presented in the reports published by us is obtained through primary interviews with top executives of leading companies in the concerned domain. Our secondary data sourcing methodology includes in-depth online and offline research and discussion with expert industry professionals and analysts.

This release was published on openPR.