Analysis of North America Sprouts Market by Research Nester to Reach USD 4200.9 Million by 2035


Posted October 3, 2023 by Garry008

Research Nester assesses the growth of North America sprouts market over the forecast period, i.e., 2023-2035 and evaluates its future prospects.

 
Research Nester’s recent market research analysis on “North America Sprouts Market: Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the North America sprouts market in terms of market segmentation by type, category, availability, distribution channel, and by region.
Growing Vegetarian and Vegan Population is to Drive Growth of North America Sprouts Market
The North America sprouts market is estimated to grow majorly on account of the rise in the number of vegan people and growing preference for plant-based foods. Every one in four vegetarian adult Americans in the USA—or over 0.5% of the population—identifies as a vegan. In addition, 2% of Americans aged 17 and over identify as vegetarians. Another 2 million Americans self-identify as vegans. Moreover, in North America, around 50% of consumers want to eat more veggies and meat alternatives.
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https://www.researchnester.com/reports/sprouts-market/1390
The shelf life of sprouts is of short duration and high amount of bio-preservatives are used to preserve it, and expired sprouts can also impose serious threat to human health are some of the major factors anticipated to hamper the growth of the North America sprouts market.
By types, the North America sprouts market is segmented into grain sprouts, vegetable or leafy sprouts, nut and seed sprouts, legumes, and others. The legumes segment is to garner a highest revenue USD 1,867.9 Million by the end of 2035. Moreover, the market generated the revenue of USD 447.3 million in 2022. It is expected to grow at a CAGR of 13.95% over the forecast period. Rising production of legumes sprouts and higher demand for legumes sprouts.
By region, the United States sprouts market is to generate the highest revenue by the end of 2035. This growth is anticipated by higher number of people waiting for COVID-19 vaccination and a greater number of patients that have different types of chronic diseases. The market generated a significant revenue in 2022 and it is further expected to grow at a CAGR of 13.12% over the forecast period. Rising consumption of plant-based food and rising burden of chronic diseases.
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This report also provides the existing competitive scenario of some of the key players of the North America sprouts market which includes company profiling of Andi’s Way, Vision Sprouts, LLC, Noresco, Nutra Sprout, Evespring Farms Ltd., International Specialty Supply, Eatmore Sprouts and Greens Ltd., Fresh Sprout International Ltd., Fuji Natural Foods, and Caudill Sprouting LLC.
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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
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AJ Daniel
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U.K. Phone: +44 203 608 5919
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Issued By Research nester
Country India
Categories Business
Tags sprouts market
Last Updated October 3, 2023