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North America Sprouts Market Outlook to 2035

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    Report

  • 161 Pages
  • February 2023
  • Region: North America
  • Research Nester Pvt. Ltd
  • ID: 5786621
North America sprouts market is likely to grow at a CAGR of 13.42% over the forecast period, i.e., 2023-2035. Market generated a revenue of around USD 1000 Million in the year 2022 and is likely to produce revenue worth of nearly USD 4200 Million by the end of 2035. The market growth is primarily driven by the rising burden of chronic diseases and awareness about the benefits of the sprouts. Consuming nutrient-dense sprouts and microgreens would be most advantageous for the 90% of American adults who don't consume enough vegetables. Additionally, sprouts are advantageous for diabetics. In people with type 2 diabetes, taking a powdered broccoli sprout supplement for eight weeks decreased insulin resistance and blood insulin levels. On the other hand, the increasing population of vegans and higher number of people inclined to plant based diets. In North America around 50% of people aims to eat more vegetables and alternates of animal foods. Moreover, about one-third of Americans were eating more vegan meals in 2022. Additionally, every restaurant that made the switch to a plant-based menu had a 10%-1000% boost in customer bookings.

A few constraints that are anticipated to restrain market expansion include the ingestion of sprouted seeds and beans carries a significant health risk, sprouts have a shorter shelf life and require particular storage conditions, and packaged sprouts include a higher concentration of bio-preservatives. Furthermore, between 2000 and 2020, there were at least 53 outbreaks connected to sprouts that caused 1,500 illnesses, 180 hospitalizations, and nearly 5 fatalities.

The North America sprouts market is segmented by type, category, availability, and distribution channel. On the basis of type, the market is further fragmented into grain sprouts, vegetable or leafy sprouts, nut and seed sprouts, legumes, and others. Legumes are expected to generate the largest revenue by the end of 2035, totaling around USD 2000 Million, owing to a considerable CAGR of near to 14% over the projected time frame. Additionally, the market brought in about USD 500 million in sales in 2022. Owing to the high nutritional content of legume sprouts, there has been an increase in both production and consumption, which is responsible for the category growth.

On the basis of region, North America sprouts market is analyzed by the markets of United States, and Canada. The market in United States collected the modest revenue in 2022. By the end of 2035, it is estimated to garner a highest revenue, by growing at the CAGR of near to 13% over the forecast period. Higher rates of chronic illness and rising interest in plant-based diets are expected to lead to this market growth in the region.

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the North America sprouts market that are included in our report are Topcon Agriculture, DeLaval, Deere & Company, CropMetrics LLC, Argus Embedded Systems Pvt. Ltd., Autonomous Solutions, Inc., AgJunction LLC, AGCO Corporation, Trimble, Inc., and Ag Leader Technology.

Table of Contents

1. An Outline of the Sprouts Market
1.1. Market Definition
1.2. Market Segmentation
1.3. Product Overview
2. Assumptions & Abbreviations
3. Research Methodology & Approach
3.1. Research Process
3.2. Primary Research
3.2.1. Sprout Producers
3.2.2. Distributers
3.2.3. End Users
3.3. Secondary Research
3.4. Market Size Estimation
4. Summary of the Report for Key Decision Makers
5. Forces of the Market Constituents
5.1. Factors/Drivers Impacting the Growth of the Market
5.2. Market Trends for Better Business Practices
6. Key Market Opportunities for Business Growth
6.1. Based on the Type
6.2. Based on the Category
6.3. Based on the Availability
6.4. Based on the Distribution Channel
6.5. Based on Geographical Presence
7. Major Roadblocks for the Market Growth8. Decarbonization Strategy and Carbon Credit Benefits for Market Players9. Government Regulation10. Technology Transition and Adoption Analysis11. Industry Risk Analysis12. North America Economic Outlook: Challenges for North America Recovery and its Impact on North America Sprouts Market13. Impact of COVID-19 on North America Sprouts Market14. Industry Pricing Benchmarking & Analysis15. Analysis on Sprouting for Major Sprouts Types16. Industry Supply Chain Analysis17. Analysis of Major Distributors in North America Sprouts Market18. Analysis of Key Sprouts Producers19. Analysis on Brussels Sprouts in North America20. Competitive Positioning: Strategies to differentiate a company from its competitors
21. Competitive Model: A Detailed Inside View for Investors
21.1. Market share analysis, 2022
21.2. Business Profiles of Key Enterprises
21.2.1. Fuji Natural Foods, Inc.
21.2.2. Fresh Sprouts International Ltd.
21.2.3. Eatmore Sprouts and Greens Ltd.
21.2.4. International Specialty Supply
21.2.5. Everspring Farms Ltd.
21.2.6. Nutra Sprouts Inc.
21.2.7. Norseco
21.2.8. Vision Sprouts, LLC
21.2.9. Andy's Way
21.2.10. Caudill Sprouting LLC
22. North America Sprouts Market Outlook & Projections, Opportunity Assessment, 2022 to 2035
22.1. Market Overview
22.2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
22.3. Year-on-Year (Y-o-Y) Growth Trend Analysis
22.3.1. North America Sprouts Market Outlook & Projections, Opportunity Assessment by Type, 2022-2035
22.3.1.1. Grain Sprouts, Market Value (USD Million), CAGR, 2022-2035F
22.3.1.2. Vegetable or Leafy Sprouts, Market Value (USD Million), CAGR, 2022-2035F
22.3.1.3. Nut and Seed Sprouts, Market Value (USD Million), CAGR, 2022-2035F
22.3.1.4. Sub-segmented by Legumes, Market Value (USD Million), CAGR, 2022-2035F
22.3.1.4.1. Beans and Peas, Market Value (USD Million), CAGR, 2022-2035F
22.3.1.4.2. Lentils, Market Value (USD Million), CAGR, 2022-2035F
22.3.1.4.3. Others, Market Value (USD Million), CAGR, 2022-2035F
22.3.1.5. Others, Market Value (USD Million), CAGR, 2022-2035F
22.3.2. North America Sprouts Market Outlook & Projections, Opportunity Assessment by Category, 2022-2035
22.3.2.1. Organic, Market Value (USD Million), CAGR, 2022-2035F
22.3.2.2. Conventional, Market Value (USD Million), CAGR, 2022-2035F
22.3.3. North America Sprouts Market Demand Outlook & Projections, Market Performance by Availability, 2022-2035
22.3.3.1. Fresh Sprouts, Market Value (USD Million), CAGR, 2022-2035F
22.3.3.2. Packaged Sprouts, Market Value (USD Million), CAGR, 2022-2035F
22.3.4. North America Sprouts Market Demand Outlook & Projections, Market Performance Distribution Channel, 2022-2035
22.3.4.1. Online, Market Value (USD Million), CAGR, 2022-2035F
22.3.4.2. Sub-segmented by Offline, Market Value (USD Million), CAGR, 2022-2035F
22.3.4.2.1. Industrial Bulk Sales, Market Value (USD Million), CAGR, 2022-2035F
22.3.4.2.2. Specialty Distribution, Market Value (USD Million), CAGR, 2022-2035
22.3.5. North America Sprouts Market Demand Outlook & Projections, Market Performance by Country, 2022 to 2035
22.3.5.1. Market Overview
22.3.5.2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
22.3.5.3. Year-on-Year (Y-o-Y) Growth Comparative Analysis
22.3.5.3.1. US, Market Value (USD Million), CAGR, 2022-2035F
22.3.5.3.2. Canada, Market Value (USD Million), CAGR, 2022-2035F
23. U.S. Sprouts Market Outlook & Projections, Opportunity Assessment, 2022 to 2035
23.1. Market Overview
23.2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
23.3. Year-on-Year (Y-o-Y) Growth Trend Analysis
23.3.1. U.S. Sprouts Market Outlook & Projections, Opportunity Assessment by Type, 2022-2035
23.3.1.1. Grain Sprouts, Market Value (USD Million), CAGR, 2022-2035F
23.3.1.2. Vegetable or Leafy Sprouts, Market Value (USD Million), CAGR, 2022-2035F
23.3.1.3. Nut and Seed Sprouts, Market Value (USD Million), CAGR, 2022-2035F
23.3.1.4. Sub-segmented by Legumes, Market Value (USD Million), CAGR, 2022-2035F
23.3.1.4.1. Beans and Peas, Market Value (USD Million), CAGR, 2022-2035F
23.3.1.4.2. Lentils, Market Value (USD Million), CAGR, 2022-2035F
23.3.1.4.3. Others, Market Value (USD Million), CAGR, 2022-2035F
23.3.1.5. Others, Market Value (USD Million), CAGR, 2022-2035F
23.3.2. U.S. Sprouts Market Outlook & Projections, Opportunity Assessment by Category, 2022-2035
23.3.2.1. Organic, Market Value (USD Million), CAGR, 2022-2035F
23.3.2.2. Conventional, Market Value (USD Million), CAGR, 2022-2035F
23.3.3. U.S. Sprouts Market Demand Outlook & Projections, Market Performance by Availability, 2022-2035
23.3.3.1. Fresh Sprouts, Market Value (USD Million), CAGR, 2022-2035F
23.3.3.2. Packaged Sprouts, Market Value (USD Million), CAGR, 2022-2035F
23.3.4. U.S. Sprouts Market Demand Outlook & Projections, Market Performance Distribution Channel, 2022-2035
23.3.4.1. Online, Market Value (USD Million), CAGR, 2022-2035F
23.3.4.2. Sub-segmented by Offline, Market Value (USD Million), CAGR, 2022-2035F
23.3.4.2.1. Industrial Bulk Sales, Market Value (USD Million), CAGR, 2022-2035F
23.3.4.2.2. Specialty Distribution, Market Value (USD Million), CAGR, 2022-2035
24. Canada Sprouts Market Outlook & Projections, Opportunity Assessment, 2022 to 2035
24.1. Market Overview
24.2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
24.3. Year-on-Year (Y-o-Y) Growth Trend Analysis
24.3.1. Canada Sprouts Market Outlook & Projections, Opportunity Assessment by Type, 2022-2035
24.3.2. Canada Sprouts Market Outlook & Projections, Opportunity Assessment by Category, 2022-2035
24.3.3. Canada Sprouts Market Demand Outlook & Projections, Market Performance by Availability, 2022-2035
24.3.4. Canada Sprouts Market Demand Outlook & Projections, Market Performance Distribution Channel, 2022-2035

Companies Mentioned

  • Topcon Agriculture
  • DeLaval
  • Deere & Company
  • CropMetrics LLC
  • Argus Embedded Systems Pvt. Ltd.
  • Autonomous Solutions Inc.
  • AgJunction LLC
  • AGCO Corporation
  • Trimble Inc.
  • Ag Leader Technology.