The Packaged Sprouts Market is witnessing a significant growth as it is widely utilized in various culinary preparations such as in Mediterranean dishes. The sprouts are contained with high nutritional properties such as protein, folate, magnesium, vitamins, and others that are beneficial in maintaining health. Additionally, the rising awareness among the consumers regarding the health benefits of sprouts has nudged them to incorporate the same in their daily diet, which drives its market. Packaged sprouts have also grown popular among consumers due to the rise in the consumption of ready-to-cook food products. These are the major factors that fuels the packaged sprouts market.
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The growing prominence of the organized retail sector is one of the major factors that drive the packaged sprouts market. Organized retail sectors have established their presence across the world which is demonstrated by the increasing number of supermarkets, convenience and specialty stores. These retail sectors play a crucial role in delivering packaged sprouts and vegetables to consumers. The ease of cooking offered by the packaged sprouts also acts as a driver for the market..
Top Key Players of Packaged Sprouts Market:-
- Fuji Natural Foods, Inc.,
- Van der Plas Sprouts,
- Jonathan Sprouts,
- NARITA FOODS Co. Ltd.,
- Sprouts Farmers Market, Inc.,
- Pulmuone Co., Ltd.,
- Ocean Mist Farms,
- International Specialty Supply,
- Misionero Vegetables,
- Hangzhou zgf group co. ltd.
The packaged sprouts market is segmented by type, category, distribution channel and geography. The bean sprouts segment accounted for the major share for the market growth. The bean sprouts are nutritious and are broadly utilized in salads, in preparation of dips, sauces and sandwiches. The wide availability and well-established consumer base of packaged bean sprouts are the factors that drive its market. The alfalfa sprouts are also gaining traction owing to its lower calorie, high fibre, and protein content. The packaged alfalfa sprouts are easier to utilize, store and transport.
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COVID-19: Shutdown of Restaurants & Cafes May Hinder Growth
The outbreak of the COVID-19 pandemic worldwide has taken a toll on the Packaged Sprouts Industry. Almost every offline food chain, such as cafeterias and restaurants are shut down completely in various countries. But, online food delivery services are still under operation. In addition to this, companies manufacturing packaged food and beverages are exhibiting a high rate of sales because of their possession of certain beneficial properties. These products have long shelf-lives and hence consumers are stocking up their pantries, fearing the lockdown.
What Does This Report Include?
Our skilled team of analysts has developed a specially curated report to help you in understanding the impact of COVID-19 on this market. The report is developed by conducting in-depth primary and secondary research. It includes analysis of various regions and nations, as well as the current trends that are being followed in these regions. Multiple approaches were taken up by our team to derive the market growth rate and value. Also, it presents enhanced data collected through secondary sources, namely, company websites, journals, business magazines, and press releases. The analysis of each nation is given by studying several macro-economic factors, regional players, consumer behavior, and government policies. Our clients would be able to take positive steps towards regaining business confidence by analyzing the Packaged Sprouts market Share, growth drivers, obstacles, challenges, and opportunities.
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By Geography Analysis:-
- North America (U.S., Canada, and Mexico)
- Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
- South America (Brazil, Argentina, and Rest of South America)
- Middle East & Africa (South Africa, UAE, and Rest of ME&A)
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