March 27, 2023

The global packaged sprouts market is set to gain momentum from the increasing usage in a wide range of culinary preparations, such as Mediterranean dishes. This information is given by Fortune Business Insights™ in an upcoming report, titled, “Packaged Sprouts Market Size, Share & Industry Analysis, By Type (Bean Sprouts, Brussel Sprouts, Broccoli Sprouts, Alfalfa Sprouts, Others), By Category (Organic, Conventional), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail) and Regional Forecast, 2020-2027.” The report further states that packaged sprouts have high nutritional properties. They contain vitamins, magnesium, folate, and protein. Hence, the rising awareness of their health benefits worldwide would affect growth positively.

The outbreak of the COVID-19 pandemic has brought the world to a complete halt. The regulatory agencies of numerous economies have implemented social distancing and lockdown measures to prevent transmission. Hence, several companies have shut down their production processes and are focusing on making personal protective equipment (PPE). We are offering in-depth research reports to help you better understand the current scenario of every market.

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How Did We Create This Report?

Our skilled analysts have presented an elaborate picture of the global market for packaged sprouts by summation, synthesis, and study of data from various significant sources. They have also included numerous facets of the market with the main focus on determining the crucial industry influencers. Thus, the data is reliable and comprehensive. It was gathered by conducting extensive primary and secondary research.

Drivers & Restraints-

Increasing Vegan Trend Globally to Boost Growth

Packaged sprouts are mainly used in numerous food items, such as sandwiches and salads. Nowadays the increasing trend of consuming plant-based protein products is expected to drive the packaged sprouts market growth in the near future. At the same time, many consumers are rapidly inclining towards these products because of their adoption of vegan lifestyles.

Furthermore, the rising expansion of the organized retail sector is set to contribute to this growth. The increasing number of specialty and convenience stores, as well as supermarkets across the globe would also propel growth. However, packaged sprouts are treated with multiple chemical preservatives, such as sodium benzoate to keep them fresh. These chemicals can cause respiratory disorders in humans. It may obstruct growth.

Regional Insights-

Rising Practice of Healthy Snacking to Accelerate Growth in North America

Regionally, North America is likely to generate a significant packaged sprouts market share throughout the forthcoming years. This growth is attributable to the high demand for plant-based products from consumers in this region. It is mainly occurring because of the increasing practice of healthy snacking between meals.

On the other hand, Asia Pacific is anticipated to showcase a considerable growth fueled by the high demand for nutritious food items and the rising population in emerging nations. Additionally, rapid urbanization and rising disposable incomes are likely to cause a surging shift of people towards high-quality and organic packaged food products. In Europe, the availability of raw material will spur the demand for packaged sprouts.

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Competitive Landscape-

Key Companies Aim to Launch Novel Packaged Sprouts for Intensifying Competition

The market for packaged sprouts is highly fragmented. It houses numerous regional and local manufacturers operating all over the world. Most of them are focusing on creating new products to cater to the high demand from consumers. Below are the two latest industry developments:

  • June 2019: Misionero Vegetables recently rebranded Green Wave Farms, its fresh-cut vegetable line. The packages have new labels, unique logos, and distinct designs. These include butternut squash, green beans, celery, mixed squash, and Brussels sprouts.
  • June 2019: Gold Coast Packing, Inc. introduced two whole and halved Brussels sprouts for expanding its line of specialty shredded cut Brussels sprouts. It will also help the company to capitalize on the surging demand for vegetables.

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A list of all the prominent packaged sprouts manufacturers operating in the global market:

  • Fuji Natural Foods, Inc.
  • Van der Plas Sprouts
  • Jonathan Sprouts
  • Sprouts Farmers Market, Inc.
  • Pulmuone Co., Ltd.
  • Ocean Mist Farms
  • International Specialty Supply
  • Misionero Vegetables
  • Hangzhou ZGF Group Co. Ltd.
  • Other key market players

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