Global Leafy Greens Market Size To Exceed USD 132.95 Billion By 2033 | CAGR Of 5.25%
Category: Food & BeveragesGlobal Leafy Greens Market Size To Exceed USD 132.95 Billion By 2033 | CAGR Of 5.25%
According to a research report published by Spherical Insights & Consulting, the Global Leafy Greens Market is Expected to Grow from USD 79.72 Billion in 2023 to USD 132.95 Billion by 2033, at a CAGR of 5.25% during the forecast period 2023-2033.
Get more details on this report -
Browse key industry insights spread across 234 pages with 110 Market data tables and figures & charts from the report on the "Global Leafy Greens Market Size, Share, and COVID-19 Impact Analysis, By Type (Lettuce, Spinach, Kale, Cabbage & Other Brassicas, and Others), By Nature (Organic and Conventional), By Distribution Channel (Retail [Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Others], Food Service, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/leafy-greens-market
The leafy greens market is the business and commercial industry that deals with the production, distribution, and marketing of green leafy vegetables for consumption. Leafy vegetables are usually grown for their leaves, which are eaten because of their health-promoting qualities in the form of fresh, cooked, or processed leafy greens. Leafy greens are a fundamental part of health-promoting diets because of their fiber, vitamins, minerals, and antioxidants. Moreover, leafy greens contain a plethora of vitamins, minerals, fiber, and antioxidants, which are paramount for heart health, digestive health, and overall wellness. With the increased awareness of health sustenance, the demand for nutrient-dense food, including leafy greens, increases. With increased demand for pre-packaged and ready-to-eat greens, a boost has been given to the market. With busy consumers looking for convenience items such as pre-washed and pre-cut leafy greens that can directly be added to salads, smoothies, or any food. However, leafy vegetables are vulnerable to various pests, diseases, and fungi, adversely affecting crop yields. Aphids, downy mildew, and lettuce leaf spot constitute some of the crop pests that cause reduced harvests alongside the increased costs of pest control and mitigation.
The lettuce segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on the type, the leafy greens market is divided into lettuce, spinach, kale, cabbage & other brassicas, and others. Among these, the lettuce segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The growth is attributed to lettuce being one of the principal ingredients in new salads consumed both at home and prepared within foodservice markets. This supplements its demand, particularly in the retail and food service chains. Lettuce is easier to grow and has a relatively short growth time compared to other leafy vegetables like kale or cabbage, which are more abundant and less expensive. Also, the lettuce is less susceptible to pests and disease compared to other leafy greens, and this supports the consistent supply.
The conventional segment accounted for the majority share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the nature, the leafy greens market is divided into organic and conventional. Among these, the conventional segment accounted for the majority share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The growth is driven by conventional greens being produced using synthetic fertilizers, pesticides, and herbicides, which allow them to be used for commercial yield maximization and lower production costs, ultimately making them more affordable and available to a wider range of consumers. Also, conventional leafy greens are priced much lower than organic ones, thus appealing to price-sensitive consumers.
The retail segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the leafy greens market is divided into retail, food service, and others. Among these, the retail segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth is due to leafy greens being found in most retail outlets, such as supermarkets/hypermarkets, convenience stores, online retailers, and others, to which consumers have easy access. Retailers stock a diverse range of leafy greens, varying in types and qualities, to suit different consumer needs.
Asia Pacific holds the majority share of the global leafy greens market during the forecast period.
Get more details on this report -
Asia Pacific holds the majority share of the global leafy greens market during the forecast period. Awareness regarding healthy eating has certainly scaled up, thereby leading to increased demand for fresh vegetables, particularly leafy greens. More residents in the regions are appreciating the benefits of leafy greens, and thus incorporating them into their diets, in the pursuit of better health, nutrition, and weight control. Urbanizations in countries like China, India, and Southeast Asia have quickly raised the demand for convenience foods and healthier ones. With the increasing movement of humans into cities, Westernized eating practices like the adoption of salads and green smoothies are also leading to an increased demand for leafy greens.
North America is estimated to grow at the fastest pace in the global leafy greens market during the forecast period. The leafy greens category is strong in North America, especially in the U.S., where there is a high consumer demand for sustainable and pesticide-free produce. There is a high demand for leafy greens driven by increasing awareness of their health value, with consumers increasingly adopting plant-based diets and fresh, organic foods.
Major vendors in the global leafy greens market are Dole Food Company, Inc., Fresh Del Monte Produce Inc., The Kraft Heinz Company, Conagra Brands, Inc., Taylor Farms, Calavo Growers, Inc., Little Leaf Farms, Ardo Group, Bonduelle Group, and Green Giant.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In June 2024, Bayer AG, a German multinational pharmaceutical and biotech corporation, teamed up with Pairwise, a health-oriented food and agriculture firm, to launch a better leafy green with more nutrition than regular lettuce.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the leafy greens market based on the below-mentioned segments:
Global Leafy Greens Market, By Type
- Lettuce
- Spinach
- Kale
- Cabbage & Other Brassicas
- Others
Global Leafy Greens Market, By Nature
- Organic
- Conventional
Global Leafy Greens Market, By Distribution Channel
- Retail
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retail
- Others
- Food Service
- Others
Global Leafy Greens Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?