Asia Pacific Microgreens Market

Asia Pacific Microgreens Market Size, Share & Industry Trends Analysis Report By End User (Food Service, Retail, and Others), By Farming, By Type, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-9313 Publication Date: May-2022 Number of Pages: 71
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Market Report Description

The Asia Pacific Microgreens Market would witness market growth of 11.2% CAGR during the forecast period (2022-2028).

Microgreens are thought to have a strong antioxidant content, which suggests they could help prevent a variety of ailments. The specific antioxidant kinds will vary depending on the plant. Vitamin E, a phenolic antioxidant, is abundant in microgreens from the Brassica family, including includes broccoli. Vitamin A, or carotenoid antioxidants, appear to be abundant in Asteraceae microgreens such as chicory and lettuce. Microgreens have not yet been proven to prevent or treat certain diseases, but scientists are investigating their potential advantages. Broccoli, along with its cousins’ cabbage, cauliflower, and Brussels sprouts, is a nutritious vegetable.

People can simply sow seeds of the type of microgreens or sprouts they want to grow and water them as needed. There are numerous tips and videos available online for sprouting and growing a variety of microgreens. These superfoods are simple to grow and a terrific way to get kids interested in small-scale food production. These small kid-sized leaves are fun to sprinkle on their own salads or sandwiches. Taste before adding an entire bunch of microgreens because some have stronger flavours than their full-sized counterparts. It's possible that a little goes a long way. Because microgreens are small and soft, they're simple to include into recipes to maximize their nutritional value. Microgreens should not be cooked due to their small size and high water content, but they should be washed before eating.

Alzheimer's disease and other kinds of dementia are becoming more common among the elderly in emerging countries, where the population is rapidly ageing. By 2020, it is anticipated that 70 percent of the world's population aged 60 and up would be residing in emerging economies, with India accounting for 14.2 percent. Only prospective incidence studies can provide accurate estimates of the rate about which new disease develops. Incidence rates of Alzheimer's disease have been found to be lower in Asian nations than in the industrialized world. Despite the availability of dementia prevalence research from Asian nations such as India, there is a scarcity of incidence data, especially from selective long-term studies.

As part of the cognitive in older adults in Trivandrum (COAT) project, researchers previously reported that the age-adjusted prevalence of dementia, including Alzheimer's disease, was 4.86 percent in a community living population in the southern Indian province of Kerala. The incidence rates of the COAT cohort after a ten-year follow-up are reported in this study. Due to this, consumers are spending their money on improving their eating habits and thus, augmenting the demand and growth of the regional microgreens market over the forecast period.

The China market dominated the Asia Pacific Microgreens Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $208.7 million by 2028. The Japan market is experiencing a CAGR of 10.5% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 11.9% during (2022 - 2028).

Based on End User, the market is segmented into Food Service, Retail, and Others. Based on Farming, the market is segmented into Indoor Vertical Farming, Commercial Greenhouse, and Others. Based on Type, the market is segmented into Broccoli, Arugula, Cabbage, Cauliflower, Peas, Basil, Radish, Cress, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Microgreens Market is Projected to reach USD 2.6 Billion by 2028, at a CAGR of 10.6%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AeroFarms, LLC, Gotham Greens Holdings, LLC, Fresh Origins, The Chef's Garden, Inc., Farmbox Greens, LLC, Living Earth Farm, Bowery Farming, Inc., and Teshuva Agricultural Projects Ltd.

Scope of the Study

Market Segments Covered in the Report:

By End User

  • Food Service
  • Retail
  • Others

By Farming

  • Indoor Vertical Farming
  • Commercial Greenhouse
  • Others

By Type

  • Broccoli
  • Arugula
  • Cabbage
  • Cauliflower
  • Peas
  • Basil
  • Radish
  • Cress
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • AeroFarms, LLC
  • Gotham Greens Holdings, LLC
  • Fresh Origins
  • The Chef's Garden, Inc.
  • Farmbox Greens, LLC
  • Living Earth Farm
  • Bowery Farming, Inc.
  • Teshuva Agricultural Projects Ltd.
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