Packaged Sprouts Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Mung Bean, Alfalfa, Radish Sprouts, Mustard, Others), By Distribution Channel (Online, Offline), And By Geography - Forecasts From 2023 To 2028

The packaged sprouts market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. The demand for packaged sprouts is increasing on account of the changing dietary conditions of people due to the changing living conditions and busy lifestyles. The rising inclination towards the vegan diet is providing an opportunity for the growth of the market in the coming years. The United States from the North American region is expected to hold a major market share owing to the preference for convenient food rich in nutrition and fiber. However, concerns regarding the sprouts being contaminated with harmful bacteria in the farm environment or during packaging, at the time of storage, transportation, or through cross-contamination during preparation or cooking may hinder the market growth which may lead to a decrease in sales.

This research study examines the current market trends related to demand, supply, and sales, in addition to recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases, and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the packaged sprouts value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and more efficient understanding of the packaged sprouts market.

Major industry players profiled as part of the report are Fuji Natural Foods, Inc., Jonathan’s Sprouts, Narita Foods Co., Ltd., and Van der Plas Sprouts BV among others.

Segmentation

The packaged sprouts market has been analyzed through the following segments:

• By Type

• • Mung bean
  • Alfalfa
  • Radish sprouts
  • Mustard
  • Others

 

• By Distribution Channel

• • Online
  • Offline

 

• By Geography

• • North America

• • • USA
    • Canada
    • Mexico
    • Others

 

• • South America

• • • Brazil
    • Argentina
    • Others

 

• • Europe

• • • Germany
    • France
    • United Kingdom
    • Spain
    • Others

 

• • Middle East and Africa

• • • Saudi Arabia
    • Israel
    • Others

 

• • Asia Pacific

• • • China
    • Japan
    • South Korea
    • India
    • Others

Fuji Natural Foods, Inc.

Jonathan’s Sprouts

Narita Foods Co., Ltd.

Van der Plas Sprouts BV

Healthy Sprout Company

Fresh Sprout International Ltd.

Eatmore Sprouts

Germ’line