Global Arugula Microgreen Market To Reach $402.6 Million By 2031: Allied Market Research
The popularity of growing food crops indoors, increasing technological innovation in indoor agriculture, increasing demand for food, growing world population and the advent of food technology, information on vertical farming and greenhouse farms are driving global growth. Rocket Microgreens market. The loss of supply chain and distribution channels during the pandemic had a major impact on the growth of the global arugula microgreens market.
PORTLAND, OR, Nov. 16, 2022 (GLOBE NEWSWIRE) -- The global arugula microgreens market generated $ 165.2 million in 2021 and is expected to reach $402.6 million by 2031, according to Allied Market Research. of the published report: Reaching US Dollar and. It is growing at a CAGR of 9.0% from 2022 to 2031. The report provides detailed analysis of key winning strategies, changing market trends, market size and estimates, value chain, key investment pockets, drivers and opportunities, competitive landscape and regional landscape. . The report is a useful source of information for participants, stakeholders, early adopters and shareholders to outline the necessary future strategies and take key actions to significantly strengthen and expand their market positions.
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About the coverage and details of the report.
Cover of the report | the details |
forecast period | 2022-2031 |
basic year | 2021 |
Market size in 2021 | 165.2 million dollars |
Market size in 2031 | 402.6 million dollars |
CAGR: | 9.0% |
Number of report pages | 200 |
Worked sections | Agriculture, distribution channel and region |
the manager | The popularity of growing food crops indoors |
The rise of technological innovation in indoor cultivation | |
the options | Growing demand for food and growing world population |
The advent of information technology in vertical farming and greenhouses | |
hold | Lack of technical knowledge relevant to his culture |
Limited to certain consumers |
The COVID-19 scenario.
The outbreak of COVID-19 has negatively impacted the growth of the global arugula microgreens market due to lockdowns in many countries around the world.
The restrictions caused numerous disruptions in the supply chain and distribution channels, which negatively impacted market growth during the pandemic. Because of this, the market experienced few losses during the first months of the pandemic. The COVID-19 pandemic has also disrupted the local food supply chain, as only essential foodstuffs are allowed to be transported.
Emerging markets such as China and India have been unable to meet the rocketing demand for microvegetables, especially broccoli. However, these losses were made up in subsequent rounds. Therefore, the market should recover quickly.
The report provides detailed segmentation of the global Arugula Microgreens market by agriculture, distribution channel and region. The report provides a comprehensive analysis of each segment and its respective sub-segment using both graphical and tabular presentation. This study can significantly help market players, investors, and new entrants in making decisions and developing strategies based on the fastest growing and revenue segments mentioned in the report.
The agriculture-based vertical indoor farming segment held the dominant market share in 2021, accounting for approximately three-fifths of the arugula microgreens market and is expected to maintain its leadership position over the period. The report also looks at other segments such as commercial greenhouses and others.
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By distribution channel, the foodservice segment held the dominant market share in 2021, accounting for nearly three-fifths of the global arugula microgreens market and is expected to maintain its leadership position over the period. On the other hand, the retail segment is projected to exhibit the fastest CAGR of 9.7% during the forecast period.
By region, North America accounted for the largest market share in 2021, accounting for nearly one-fifth of the arugula microgreens market and is expected to maintain its leadership position during the period. The Asia Pacific region, on the other hand, is expected to witness the fastest CAGR of 9.9% during the forecast period.
Key players analyzed in Global Arugula Microgreens Market Report are 2BFresh, AeroFarms, Bowery Farming, Farmbox Greens LLC, Gotham Greens, Living Earth Farm, Madar Farms, The Chef's Garden Inc, True Leaf Market Seed Company, TruLeaf Sustainable Agriculture.
The report examines these key players in the global Arugula Microgreens market. These market players have effectively adopted strategies such as joint ventures, partnerships, expansion, new product launches, partnerships, etc. they are used to maximize their position and capabilities in the industry. The report is useful in analyzing the latest developments, product portfolio, business performance and business segments of the leading market players.
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About us
Allied Market Research (AMR) is the full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations and small and medium -sized businesses with unmatched quality market research reports and Business Intelligence Solutions. AMR has a focused approach to provide business insight and consulting to help clients make strategic business decisions and achieve sustainable growth in their respective markets.
We maintain professional relationships with a number of companies that help us extract market data, create detailed research data tables, and help us establish the highest possible accuracy of our market forecasts. Pawan Kumar, CEO of Allied Market Research, helps inspire and motivate everyone associated with the company to develop quality data and help clients succeed in every possible way. All data presented in our published reports are derived from preliminary interviews with CEOs of major companies in the relevant industry. Our secondary data sourcing methodology includes extensive online and offline research and discussions with industry experts and expert analysts.
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