Saudi Arabia Microgreens Market to Grow with a CAGR of 4.26% through 2029

Growth in research and development activities is expected to drive the Saudi Arabia Microgreens Market growth in the forecast period, 2025-2029

According to TechSci Research report, “Saudi Arabia Microgreens Market – By Region, Competition, Forecast and Opportunities, 2019-2029F”, the Saudi Arabia Microgreens Market stood at USD 34.16 million in 2023 and is anticipated to grow with a CAGR of 4.26% in the forecast period through 2029. Government initiatives have created favorable market conditions for the Saudi Arabia microgreens market, driving growth in various products. One significant effort involves promoting indoor vertical farming, an innovative and sustainable method ideal for microgreens cultivation. This technique offers several advantages, including significantly reduced water usage and year-round crop production, mitigating seasonal challenges and weather variations. The government's aim is to enhance food security and reduce reliance on traditional farming methods by embracing advanced agricultural techniques.

In a notable development, the Public Investment Fund of Saudi Arabia has entered a strategic joint venture agreement with AeroFarms, a leading US-based indoor vertical farming company. This partnership underscores the government's commitment to adopting cutting-edge technologies for crop production, including microgreens. Leveraging AeroFarms' expertise, the government seeks to maximize the potential of indoor vertical farming, enhancing agricultural productivity and sustainability. This collaboration signals a progressive approach and is expected to result in increased crop yields, improved efficiency, and sustainable food production practices.

As consumer health consciousness rises, there is a heightened demand for nutrient-rich and fresh food options. Microgreens, young vegetable greens rich in essential vitamins and minerals, are increasingly sought after as a healthy dietary choice. This growing awareness of the nutritional advantages of microgreens is fueling the expansion of the Saudi Arabia microgreens market. Saudi Arabia is experiencing a shift in dietary preferences, with a growing inclination towards plant-based diets. Microgreens, known for their concentrated flavors and textures, are becoming popular additions to salads, sandwiches, and various culinary dishes. The increasing adoption of plant-based diets and the desire for culinary variety are driving the demand for microgreens in the country. 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Saudi Arabia Microgreens Market”

The Saudi Arabia Microgreens Market is segmented in type, farming technique, regional distribution, and company.

Based on its farming techniques, The indoor farming sector is poised for rapid expansion in the forecast period. Saudi Arabia, like other Middle Eastern nations, grapples with significant challenges in its agricultural landscape. Climate change presents formidable obstacles to traditional farming practices, leading to issues such as water scarcity and limited arable land. Despite these hurdles, indoor farming emerges as a promising solution. By leveraging advanced techniques, indoor farming substantially reduces water usage compared to conventional agriculture. Additionally, its space-efficient design allows for crop cultivation in controlled environments, impervious to external weather fluctuations.

The advantages of indoor farming transcend water conservation and space optimization. This method offers a diverse array of cultivatable crops, including microgreens. These miniature yet nutrient-rich greens have surged in popularity due to their exceptional nutritional profile. Indoor farming facilitates the ideal growth conditions for microgreens, ensuring the production of fresh and nutritious food items. Moreover, the controlled environment of indoor farms minimizes post-harvest losses, enabling microgreens to reach consumers in their optimal condition.

Major companies operating in Saudi Arabia Microgreens Market are:

• Badia Management Co BV
• AeroFarms LLC
• Back to the Roots Inc.
• Agrotonomy Corp.
• Majid Al Futtaim Holding LLC
• Astra Industrial Group
• iFarm

Download Free Sample Report

Customers can also request for 10% free customization on this report

“Growing application of microgreens in various end user industries are key drivers of the microgreens market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of microgreens with every passing year are anticipated to register an impressive growth to Saudi Arabia Microgreens Market in the forecast period”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Saudi Arabia Microgreens Market By Type (Broccoli, Lettuce & Chicory, Arugula, Basil, Fennel, Carrots, Others), By Farming Technique (Indoor Farming, Vertical Farming, Commercial Greenhouses, Others), By Region, Competition, Forecast and Opportunities, 2019-2029F”, has evaluated the future growth potential of Saudi Arabia Microgreens Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Microgreens Market.

Contact

TechSci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]

Website: www.techsciresearch.com