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Global Arugula Microgreen Market to reach USD 0.32 billion by the end of 2029.

Global Arugula Microgreen Market Size study & Forecast, by Farming (Indoor Vertical Farming, Commercial Greenhouses, Others), by Distribution Channel (Retail, Food Service, Others) and Regional Analysis, 2022-2029

Product Code: OIRFB-87128045
Publish Date: 25-01-2023
Page: 200

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.

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:
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

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.

Global Arugula Microgreen Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Farming, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

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

By Distribution Channel
Food Service

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Arugula Microgreen Market, by Region, 2019-2029 (USD Billion)
1.2.2. Arugula Microgreen Market, by Farming, 2019-2029 (USD Billion)
1.2.3. Arugula Microgreen Market, by Distribution Channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Arugula Microgreen Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Arugula Microgreen Market Dynamics
3.1. Arugula Microgreen Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing demand for functional food worldwide Growing consumption of health supplements Strategic initiatives from leading market players
3.1.2. Market Challenges Lack of awareness regarding the health benefits Dearth of skilled professionals
3.1.3. Market Opportunities Growing emergence of indoor vertical farming Increasing penetration of e-commerce platforms
Chapter 4. Global Arugula Microgreen Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Arugula Microgreen Market, by Farming
6.1. Market Snapshot
6.2. Global Arugula Microgreen Market by Farming, Performance – Potential Analysis
6.3. Global Arugula Microgreen Market Estimates & Forecasts by Farming 2019-2029 (USD Billion)
6.4. Arugula Microgreen Market, Sub Segment Analysis
6.4.1. Indoor Vertical Farming
6.4.2. Commercial Greenhouses
6.4.3. Others
Chapter 7. Global Arugula Microgreen Market, by Distribution Channel
7.1. Market Snapshot
7.2. Global Arugula Microgreen Market by Distribution Channel, Performance – Potential Analysis
7.3. Global Arugula Microgreen Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
7.4. Arugula Microgreen Market, Sub Segment Analysis
7.4.1. Retail
7.4.2. Food Service
7.4.3. Others
Chapter 8. Global Arugula Microgreen Market, Regional Analysis
8.1. Arugula Microgreen Market, Regional Market Snapshot
8.2. North America Arugula Microgreen Market
8.2.1. U.S. Arugula Microgreen Market Farming breakdown estimates & forecasts, 2019-2029 Distribution Channel breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Arugula Microgreen Market
8.3. Europe Arugula Microgreen Market Snapshot
8.3.1. U.K. Arugula Microgreen Market
8.3.2. Germany Arugula Microgreen Market
8.3.3. France Arugula Microgreen Market
8.3.4. Spain Arugula Microgreen Market
8.3.5. Italy Arugula Microgreen Market
8.3.6. Rest of Europe Arugula Microgreen Market
8.4. Asia-Pacific Arugula Microgreen Market Snapshot
8.4.1. China Arugula Microgreen Market
8.4.2. India Arugula Microgreen Market
8.4.3. Japan Arugula Microgreen Market
8.4.4. Australia Arugula Microgreen Market
8.4.5. South Korea Arugula Microgreen Market
8.4.6. Rest of Asia Pacific Arugula Microgreen Market
8.5. Latin America Arugula Microgreen Market Snapshot
8.5.1. Brazil Arugula Microgreen Market
8.5.2. Mexico Arugula Microgreen Market
8.5.3. Rest of Latin America Arugula Microgreen Market
8.6. Rest of The World Arugula Microgreen Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. 2BFresh Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. AeroFarms
9.2.3. Bowery Farming
9.2.4. Farmbox Greens LLC
9.2.5. Gotham Greens
9.2.6. Living Earth Farm
9.2.7. Madar Farms
9.2.8. The Chef’s Garden Inc
9.2.9. True Leaf Market Seed Company
9.2.10. TruLeaf Sustainable Agriculture
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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