The most recent study conducted by Report Ocean, titled “Global Arugula Microgreen Market Size, Share, Pricing, Trends, Growth, Report and Forecast 2023-2030,” presents a comprehensive analysis of the worldwide market. This research delves into the factors driving the market, emerging trends, opportunities for development, as well as potential limitations that may affect the Arugula Microgreen . The report provides an estimation of the global market size and examines recent strategic actions taken by prominent international competitors.
Global Arugula Microgreen Market is valued at approximately USD 0.16 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9% over the forecast period 2022-2029. Arugula Microgreens are edible seedlings that are mostly produced in the United States. These microgreens are considered rich in antioxidants, vitamins B1, K1, and C, carotenoids, and minerals. Also, it is high in fiber, and phytochemicals, low in sugar, calories, carbohydrates, and fat. Arugula microgreens are good for heart and bones. The increasing demand for functional food worldwide and growing consumption of health supplements as well as strategic initiatives from leading market players are key factors accelerating the growth of the market over the forecast period.
Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw6980
According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
The increasing demand for functional food products is contributing to the growth of the market over the forecast period. For instance, according to Statista – in 2019, the worldwide market for functional food was valued at USD 178 billion, and the market is projected to reach USD 268 billion by 2027. Also, growing emergence of indoor vertical farming and increasing penetration of e-commerce platforms would create a lucrative growth prospectus for the market over the forecast period. However, the lack of awareness regarding the health benefits and dearth of skilled professionals impede the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Arugula Microgreen Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to presence of leading market players and increasing demand for the product in the region. Whereas Asia Pacific is expected to grow at the highest growth rate during the forecast period, owing to factors such as rising demand for functional food as well as increasing penetration of leading market players in the region.
Major market players included in this 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
Download Free Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw6980
Recent Developments in the Market:
In August 2021, Florida USA based vertical farming company Kalera AS entered into a definitive agreement for the acquisition of Germany based &ever GmbH for a transaction value of 128.21 million.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Farming
Indoor Vertical Farming
Commercial Greenhouses
Others
By Distribution Channel
Retail
Food Service
Others
By Region:
North America
U.S.
To Get More Business Strategies For Request Sample Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw6980
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World
Reasons to Buy this Report:
- Access to date records compiled by using our researchers. These supply you with historic and forecast data, which is analyzed to inform you why your market is set to change
- This allows you to assume market adjustments to stay in advance of your competitors
- You will be in a position to replica facts from the Excel spreadsheet straight into your advertising plans, enterprise presentations, or different strategic documents
- The concise analysis, clear graph, and desk structure will allow you to pinpoint the statistics you require quickly
- Provision of market cost (USD Billion) records for every section and sub-segment
- Indicates the place and phase that is predicted to witness the quickest increase as properly as to dominate the market
- Analysis via geography highlighting the consumption of the product/service in the location as properly as indicating the elements that are affecting the market inside every region
- Competitive panorama which accommodates the market rating of the most important players, alongside with new service/product launches, partnerships, enterprise expansions, and acquisitions in the previous 5 years of businesses profiled
- Extensive agency profiles comprising of employer overview, organization insights, product bench marking, and SWOT evaluation for the essential market players
- The cutting-edge as nicely as the future market outlook of the enterprise regarding latest traits which contain increase possibilities and drivers as nicely as challenges and restraints of each rising as nicely as developed regions
- Includes in-depth evaluation of the market from quite a number perspectives thru Porter’s 5 forces analysis
- Provides perception into the market via Value Chain
- Market dynamics scenario, alongside with boom possibilities of the market in the years to come
- 1-Year post-sales analyst support
Request Full Report- https://reportocean.com/industry-verticals/sample-request?report_id=bw6980
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel:+1888 212 3539 (US – TOLL FREE)
Website:https://reportocean.com