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Global Kale Microgreen market to reach USD 21.92 billion by the end of 2029.

Global Kale Microgreen market Size study & Forecast, by Product (Glen Kale Microgreen, Red Russian Kale Microgreen), by Farming (Indoor Vertical Farming, Commercial Greenhouses, Others), by Distribution Channel (Retail Stores, Farmers Market, Grocery Stores, Restaurants, and Others) and Regional Analysis, 2022-2029

Product Code: OIRFB-91097350
Publish Date: 17-04-2023
Page: 200

Global Kale Microgreen market is valued at approximately USD 12.57 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.20% over the forecast period 2022-2029. Kale Microgreen are edible and leafy vegetables. It’s easy to grow and eat due to its wide span of health benefits. Kale microgreens are rich in nutrients such as vitamins A, B6, C, E, K, carotenoids, and minerals. The increasing demand for nutritional foods and technological development in indoor vertical farming are key factors accelerating the market growth over the forecast period.

The growing emergence of indoor vertical farming and greenhouse farming is a significant factor in the growth of the kale Microgreen market over the forecast period. For instance, according to Statista- 2019, the worldwide market for indoor vertical farming was valued at USD 14.3 billion and is projected to reach USD 25 billion by 2027. Also, increasing the Usage Of kale Microgreen in the personal care industry and rising consumer awareness of consuming fresh and high-quality food is expected to drive the market growth. However, High initial investments, high production costs, and a lack of distribution channels are limiting the growth of the kale microgreen market.

The key regions considered for the Kale Microgreen market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the kale microgreens market and is expected to sustain its dominance throughout its forecast period. The U.S. has been gaining a major share of the North American market and is expected to sustain its share during the forecast period. Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as growing technological development in indoor vertical farming.

Major market player included in this report are:
True Leaf Market Seed Comp
Farmbox Greens
AeroFarms
The Chef’s Garden Inc.
Goodleaf Farms
Gotham Greens
Madar Farms
2BFresh
Bowery Farming,Inc.
Syngenta Group Co., Ltd.

Recent Developments in the Market:
➢ In December 2021, Indoor farming pioneer company Gotham Green opened a hydroponic greenhouse in the U.S. and this expansion will increase its total production to 40 million heads of lettuce and herbs.
➢ In October 2021 AeroFarms expanded its distribution network in the New England and Northeast including New Jersey, Connecticut, Massachusetts, New York and Rhode Island, with the launch of more than 350 Stop & Shop stores.
➢ In December 2020 Precision Indoor Plants partnered with Aerofarms for the Lettuce Project. This project will increase its flavor and nutrition for consumers while also reducing food waste and increasing profits for farmers.
Global Kale 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 Product, 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 Product:
Glen Kale Microgreen,
Red Russian Kale Microgreen

By Farming
Indoor Vertical Farming
Commercial Greenhouses
Others

By Distribution Channel:
Retail Stores
Farmers Market
Grocery Stores
Restaurants
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
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. Kale Microgreen Market, by Region, 2019-2029 (USD Billion)
1.2.2. Kale Microgreen Market, by Product, 2019-2029 (USD Billion)
1.2.3. Kale Microgreen Market, by Farming, 2019-2029 (USD Billion)
1.2.4. Kale Microgreen Market, by Distribution Channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Kale 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 Kale Microgreen Market Dynamics
3.1. Kale Microgreen Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increased spending on high end meal
3.1.1.2. Increasing Penetration of indoor Farming
3.1.2. Market Challenges
3.1.2.1. High initial investments
3.1.2.2. High production costs and a lack of distribution channels
3.1.3. Market Opportunities
3.1.3.1. Use Of kale microgreen in personal care industry
3.1.3.2. Increase usage in Restaurants and Hotels
Chapter 4. Global Kale 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. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
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 Kale Microgreen Market, by Product
6.1. Market Snapshot
6.2. Global Kale Microgreen Market by Product, Performance – Potential Analysis
6.3. Global Kale Microgreen Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Kale Microgreen Market, Sub Segment Analysis
6.4.1.1. Glen Kale Microgreen
6.4.1.2. Red Russian Kale Microgreen
Chapter 7. Global Kale Microgreen Market, by Farming
7.1. Market Snapshot
7.2. Global Kale Microgreen Market by Farming, Performance – Potential Analysis
7.3. Global Kale Microgreen Market Estimates & Forecasts by Farming 2019-2029 (USD Billion)
7.4. Kale Microgreen Market, Sub Segment Analysis
7.4.1. Indoor Vertical Farming
7.4.2. Commercial Greenhouses
7.4.3. others
Chapter 8. Global Kale Microgreen Market, by Distribution Channel
8.1. Market Snapshot
8.2. Global Kale Microgreen Market by Distribution Channel, Performance – Potential Analysis
8.3. Global Kale Microgreen Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
8.4. Kale Microgreen Market, Sub Segment Analysis
8.4.1. Retail Stores
8.4.2. Farmers Market
8.4.3. Grocery Stores
8.4.4. Restaurants
8.4.5. others
Chapter 9. Global Kale Microgreen Market, Regional Analysis
9.1. Kale Microgreen Market, Regional Market Snapshot
9.2. North America Kale Microgreen Market
9.2.1. U.S. Kale Microgreen Market
9.2.1.1. Product breakdown estimates & forecasts, 2019-2029
9.2.1.2. Farming breakdown estimates & forecasts, 2019-2029
9.2.1.3. Distribution Channel breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Kale Microgreen Market
9.3. Europe Kale Microgreen Market Snapshot
9.3.1. U.K. Kale Microgreen Market
9.3.2. Germany Kale Microgreen Market
9.3.3. France Kale Microgreen Market
9.3.4. Spain Kale Microgreen Market
9.3.5. Italy Kale Microgreen Market
9.3.6. Rest of Europe Kale Microgreen Market
9.4. Asia-Pacific Kale Microgreen Market Snapshot
9.4.1. China Kale Microgreen Market
9.4.2. India Kale Microgreen Market
9.4.3. Japan Kale Microgreen Market
9.4.4. Australia Kale Microgreen Market
9.4.5. South Korea Kale Microgreen Market
9.4.6. Rest of Asia Pacific Kale Microgreen Market
9.5. Latin America Kale Microgreen Market Snapshot
9.5.1. Brazil Kale Microgreen Market
9.5.2. Mexico Kale Microgreen Market
9.6. Rest of The World Kale Microgreen Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. True Leaf Market Seed Company
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Farmbox Greens
10.2.3. AeroFarms
10.2.4. The Chef’s Garden Inc.
10.2.5. Goodleaf Farms
10.2.6. Gotham Greens
10.2.7. Madar Farms
10.2.8. 2BFresh
10.2.9. Bowery Farming , Inc.
10.2.10. Syngenta Group Co., Ltd

Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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