Product Code: PM3951
The global packaged sprouts market size is expected to reach USD 13.49 billion by 2032, according to a new study by Polaris Market Research. The report "Packaged Sprouts Market Share, Size, Trends, Industry Analysis Report, By Type (Beam Sprouts, Brussels Sprouts, Broccoli Sprouts, Alfalfa Sprouts, Others); By Category; By Distribution Channel; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising trend of fitness and surging awareness about the health benefits associated with packaged sprouts, like high nutritional level, along with the growing number of innovations and developments in product manufacturing and packaging technologies, are the primary factors boosting the global market growth. Apart from this, there has been a rising focus among key market companies towards introducing new and improved sprouts with enhanced properties and adoption of business development strategies like collaborations and partnerships, which will likely bode well for market growth in the near future.
For instance, in June 2023, Sprouts Farmers Market announced its expansion in the US with the introduction of new CPG brands through their innovation center. The company also announced its plan, including adding more stores in the country, namely Mid-Atlantic and Florida.
In recent years, there has been a significant increase in the use and adoption of advanced technologies such as Internet of Things (IoT) and precision agriculture. These technologies are widely implemented to monitor and regulate environmental factors like temperature, humidity, CO2 levels, and nutrient delivery. This ensures optimal growing conditions and effective management of resources, contributing positively to product need and demand.
In addition, the use of various types of bio preservatives to increase the shelf life of packaged sprout products has become more prevalent. A rapid increase in investments by leading private and government organizations towards sustainable and innovative packaging materials is also contributing to the product's popularity among eco-friendly consumers globally.
For example, a recent study shows that around 62% of respondents intend to increase their budget for investing in sustainable packaging materials in the next five years. This is expected to result in a growth rate of over 23%.
Packaged Sprouts Market Report Highlights
- Brussels sprouts segment accounted for a noteworthy market share, owing to its numerous potential benefits, like being rich in fiber and vitamins.
- The organic segment is anticipated to hold a significant share, which is mainly attributed to increased demand for organic food products among health-conscious consumers.
- The online retail segment will grow at the fastest growth rate on account of the growing proliferation of online shopping models and the drastic increase in digital buyers
- North America dominated the global market, owing to the presence of some of the leading market companies and a large number of consumers with hectic life schedules.
- The key market players include Ippolito International, Jonathan Sprouts, NARITA Foods, Sprouts Farmers Market, and Fuji Natural Foods
Polaris Market Research has segmented the packaged sprouts market report based on type, category, distribution channel, and region:
Packaged Sprouts, Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Bean Sprouts
- Brussels Sprouts
- Broccoli Sprouts
- Alfalfa Sprouts
- Others
Packaged Sprouts, Category Outlook (Revenue - USD Billion, 2019 - 2032)
Packaged Sprouts, Distribution Channel Channel Outlook (Revenue - USD Billion, 2019 - 2032)
- Supermarkets & Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Retail
Packaged Sprouts, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Packaged Sprouts Market Insights
- 4.1. Packaged Sprouts Market - Distribution Channel Snapshot
- 4.2. Packaged Sprouts Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising demand for functional foods and increasing health consciousness
- 4.2.1.2. Convenience and shelf-life benefits of packaged sprouts
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Limited shelf space in retail outlet
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Packaged Sprouts Market Distribution Channel Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Packaged Sprouts Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 5.3. Bean Sprouts
- 5.3.1. Global Packaged Sprouts Market, by Bean Sprouts, by Region, 2019-2032 (USD Billion)
- 5.4. Brussel Sprouts
- 5.4.1. Global Packaged Sprouts Market, by Brussel Sprouts, by Region, 2019-2032 (USD Billion)
- 5.5. Broccoli Sprouts
- 5.5.1. Global Packaged Sprouts Market, by Broccoli Sprouts, by Region, 2019-2032 (USD Billion)
- 5.6. Alfalfa Sprouts
- 5.6.1. Global Packaged Sprouts Market, by Alfalfa Sprouts, by Region, 2019-2032 (USD Billion)
- 5.7. Others
- 5.7.1. Global Packaged Sprouts Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Packaged Sprouts Market, by Category
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 6.3. Organic
- 6.3.1. Global Packaged Sprouts Market, by Organic, by Region, 2019-2032 (USD Billion)
- 6.4. Conventional
- 6.4.1. Global Packaged Sprouts Market, by Conventional, by Region, 2019-2032 (USD Billion)
7. Global Packaged Sprouts Market, by Distribution Channel
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.3. Supermarkets & Hypermarkets
- 7.3.1. Global Packaged Sprouts Market, by Supermarkets & Hypermarkets, By Region, 2019-2032 (USD Billion)
- 7.4. Convenience Stores
- 7.4.1. Global Packaged Sprouts Market, by Convenience Stores, By Region, 2019-2032 (USD Billion)
- 7.5. Specialty Stores
- 7.5.1. Global Packaged Sprouts Market, by Specialty Stores, By Region, 2019-2032 (USD Billion)
- 7.6. Online Retail
- 7.6.1. Global Packaged Sprouts Market, by Online Retail, By Region, 2019-2032 (USD Billion)
8. Global Packaged Sprouts Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Packaged Sprouts Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Packaged Sprouts Market - North America
- 8.3.1. North America: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.3. North America: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.3.4. Packaged Sprouts Market - U.S.
- 8.3.4.1. U.S.: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.3.5. Packaged Sprouts Market - Canada
- 8.3.5.1. Canada: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.4. Packaged Sprouts Market - Europe
- 8.4.1. Europe: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.3. Europe: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.4.4. Packaged Sprouts Market - UK
- 8.4.4.1. UK: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.4.5. Packaged Sprouts Market - France
- 8.4.5.1. France: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.5.3. France: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.4.6. Packaged Sprouts Market - Germany
- 8.4.6.1. Germany: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.4.7. Packaged Sprouts Market - Italy
- 8.4.7.1. Italy: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.4.8. Packaged Sprouts Market - Spain
- 8.4.8.1. Spain: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.4.9. Packaged Sprouts Market - Netherlands
- 8.4.9.1. Netherlands: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.4.10. Packaged Sprouts Market - Russia
- 8.4.10.1. Russia: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.5. Packaged Sprouts Market - Asia Pacific
- 8.5.1. Asia Pacific: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.5.4. Packaged Sprouts Market - China
- 8.5.4.1. China: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.4.3. China: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.5.5. Packaged Sprouts Market - India
- 8.5.5.1. India: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.5.3. India: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.5.6. Packaged Sprouts Market - Malaysia
- 8.5.6.1. Malaysia: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.5.7. Packaged Sprouts Market - Japan
- 8.5.7.1. Japan: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.5.8. Packaged Sprouts Market - Indonesia
- 8.5.8.1. Indonesia: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.5.9. Packaged Sprouts Market - South Korea
- 8.5.9.1. South Korea: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.6. Packaged Sprouts Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.6.4. Packaged Sprouts Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.6.5. Packaged Sprouts Market - UAE
- 8.6.5.1. UAE: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.6.6. Packaged Sprouts Market - Israel
- 8.6.6.1. Israel: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.6.7. Packaged Sprouts Market - South Africa
- 8.6.7.1. South Africa: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.7. Packaged Sprouts Market - Latin America
- 8.7.1. Latin America: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.7.4. Packaged Sprouts Market - Mexico
- 8.7.4.1. Mexico: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.7.5. Packaged Sprouts Market - Brazil
- 8.7.5.1. Brazil: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
- 8.7.6. Packaged Sprouts Market - Argentina
- 8.7.6.1. Argentina: Packaged Sprouts Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Packaged Sprouts Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Packaged Sprouts Market, by Category, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Fuji Natural Foods Inc.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Hangzhou zgf Group Co. Ltd.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. International Specialty Supply
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Ippolito International
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Jonathan Sprouts
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Misionero Vegetables
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. NARITA Foods Co. Ltd.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Ocean Mist Farms
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Organic Valley
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Pulmuone Co. Ltd.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Sprouts Farmers Market Inc.
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Van der Plas Sprouts
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development