PUBLISHER: Polaris Market Research | PRODUCT CODE: 1719914
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1719914
The microgreens market size is expected to reach USD 9.76 billion by 2034, according to a new study by Polaris Market Research. The report "Microgreens Market Size, Share, Trends, Industry Analysis Report: By Farming Type (Indoor Vertical Farming, Commercial Greenhouse, and Others), Product Type, End Use, Distribution Channel, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing consumer demand for healthy, nutrient-dense foods and the rising popularity of plant-based diets drive the microgreens market growth. These young, edible plants are valued for their high vitamin, mineral, and antioxidant content, making them an attractive option for health-conscious consumers. Key drivers of market demand include the shift toward sustainable and locally grown produce and the rising adoption of urban farming and vertical farming technologies, which enable efficient, year-round production. Microgreens market opportunities lie in the growing adoption of home gardening. As a result, market players are offering innovative growing kits and expanding online retail platforms.
Trends such as eco-friendly packaging, enhanced sustainability, and the incorporation of microgreens into foodservice menus further support the market development. With increasing awareness of their health benefits and versatility, the microgreens market demand is poised for continued growth in the coming years.
By farming type, the indoor vertical farming segment holds the largest share of the microgreens market revenue, driven by its ability to optimize space and resources in urban areas. This segment is also registering the highest growth, owing to advancements in hydroponic and aeroponic systems, which allow for efficient, sustainable production.
Based on distribution channel, the retail stores segment dominates the microgreens market share, as they provide easy access to fresh produce for consumers. However, the online channel is experiencing the highest growth, with the increasing demand for home delivery services and the rise of e-commerce platforms in urban areas.
North America dominates the global market due to strong consumer demand for healthy, sustainable food options and the widespread adoption of vertical farming technologies. Asia Pacific is the highest growing region, driven by rapid urbanization, increasing disposable incomes, and a growing interest in health-conscious eating.
Polaris Market Research has segmented the microgreens market report on the basis of farming type, product type, end use, distribution channel, and region: