Research Nester assesses the growth of North America sprouts market which is anticipated to be on account of the higher nutritional value of sprouts and growing cases of chronic diseases.
New York – February 16, 2023 - 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 Burden of Chronic Diseases to Drive Growth of North America Sprouts Market
The North America sprouts market is estimated to grow majorly on account of the rising benefits of consuming sprouts and increasing count of people suffering with chronic illness. The proteins in sprouts are easier to digest. This is likely a result of sprouting, which appears to eliminate up to 87% of the antinutrients, or compounds that prevent your body from properly absorbing nutrients from plants. Furthermore, every sixth adult in America has at least one chronic illness. In addition, every fourth adult has two or more chronic illnesses. Additionally, eating sprouts may lower levels of total and "bad" LDL cholesterol while increasing levels of "good" HDL cholesterol.
Some of the major growth factors and challenges that are associated with the growth of the North America sprouts market are:
- Surge in the Number of Chronic Patient
- Rising Benefits of Sprouts
- Growing Population of Vegans
- Rising Demand for Plant-Based Food
- Higher Production of Sprouts
Sprouts can be attacked by pathogens in the warm and humid conditions, shelf life of packaged sprouts is short and it contains high amount of bio-preservatives are some of the major factors anticipated to hamper the growth of the North America sprouts market.
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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 of USD 1,867.9 Million by the end of 2035 by growing at a significant CAGR of 13.95% over the forecast period. Moreover, the market generated the revenue of USD 447.3 million in 2022. The segment growth is attributed on the account of higher consumption and production of legumes sprouts owing to its high nutritious value.
By region, the United States sprouts market is to generate the highest revenue by the end of 2035. Over the course of the projected period, the market in the area is anticipated to expand at a CAGR of 13.12% over the forecast period. Additionally, the industry brought in a sizable sum of money in 2022. This growth is anticipated by higher number of people suffering from chronic illness and growing preference for plant-based foods.
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.