Canada Microgreens Market Size Expected by 2028
Broccoli microgreens are great as they contain all essential and powerful nutrients such as vitamins A, B, C, E, and K just after 10-14 days of germination. Moreover, broccoli microgreens consist large quantities of essential minerals such as manganese, zinc, copper, and magnesium that are deficient in most people. In addition, broccoli microgreens consist large amount of sulforaphane as compared to any other food. Broccoli microgreens have a tangy taste, mild peppery aroma, and crunchy texture, owing to which it creates great addition in dishes such as tofu scramble, salads, sandwiches, soups and cooked grains, which also propel the Canada microgreens market demand.
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Moreover, in Canada microgreen industry there is an increase
in adoption smartphones and other mobile devices among farmers, which provides
farmers with latest development in the field of agriculture. In addition,
farmers depend on broadband and other wireless technologies to catch the latest
news in their field of interest and participate in practical knowledge sharing
initiatives in the microgreens industry. Wide spread of internet has made
agriculture resources available in a wide range of local languages, which help
farmers gain awareness regarding various skills in the microgreens industry and
boost growth of the Canada microgreens market. Advancements in farming
technologies directly favor growth of the microgreens market, and is expected
to further drive growth of the market during the forecast period. Indoor
vertical farming is suitable and majorly used for cultivation of microgreens.
It can be integrated with multiple technologies such big data analytics,
robotics, internet of things, and artificial intelligence so that microgreens
can be intensively monitored, controlled, and grown well without any agronomic
constraint, all such factors results in Canada microgreen market trends.
However, one of the major factors that restrict growth of
microgreens farming is the heavy investment required for deployment of
different components in agriculture. In addition, microgreen farming uses
different methods to deliver passive medium and nutrient solutions in plant
roots, which is more expensive than other agriculture methods. Moreover, indoor
vertical farming involves various machinery, lighting, automatic systems, and
temperature controlling units, which are very expensive. In addition, high capital
investments required for adopting smart solutions to produce microgreen crops
is a serious challenge for farmers, which hampers growth of the market.
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COVID-19 was declared a pandemic by the World Health
Organization (WHO) on March 11, 2020. The outbreak of coronavirus has
significantly impacted the microgreens industry along with all stages of supply
chain and value chain such as labor and production inputs for farm, national,
and international transport of food and other essentials. COVID-19 has further
affected the consumer behavior with regards to purchasing microgreens products
globally. Ultimately, decline in cultivation output as a consequence of labor
and raw material shortage and partial operations led to decline in the Canada
microgreens market.
The Canada microgreens market is segmented on the basis of
type, farming, and end use. On the basis of type, the market is categorized
into broccoli, cabbage, cauliflower, arugula, peas, basil, radish, mizuna,
chervil and others. By farming, it is segregated into indoor vertical farming,
commercial greenhouses, and others. By end user, it is segmented into retail,
food service, and others.
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Key findings of the study
- By
type, the broccoli segment dominated the Canada microgreen market share in
2019, and is expected to retain its dominance throughout the forecast
period.
- Depending
on farming, the indoor vertical farming segment accounted for the highest
share in the Canada microgreens market growth in 2019, and is projected to
grow at a CAGR of 11.1% from 2021 to 2028.
- On the
basis of end user, the food service segment led the Canada microgreen
market in 2019, and is expected to maintain this trend in the near future.
The key players profiled in the Canada microgreens market
forecast report are AeroFarms, Bowery Farming Inc., Charlie's Produce, Fresh
Origins, Gotham Greens, Living Earth Farm, Madar Farms, Teshuva Agricultural
Projects Ltd., The Chef's Garden Inc., and GoodLeaf Farms.
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