Report ID: SQSG30H2013 | Region: Global | Published Date: August, 2022 | Pages: 157 | Tables: 63 | Figures: 61
The key reason driving this market's rise is the increased use of fresh lettuce. Because it serves as a base for salads, a topping for sandwiches, and an essential aspect of tacos and other foods, the product is becoming progressively popular in the marketplace. Provide buyers with a choice of lettuce alternatives to maximize sales in the category.
Lettuce, particularly leaf lettuce, includes a variety of nutrients that might help you stay healthy. Because it includes vitamin A, eating leaf lettuce can help keep your eyes and skin healthy. Folate, which can help prevent birth abnormalities, is abundant in leaf lettuce. Many leafy greens contain beta-carotene. Beta-carotene aids in the prevention of cancer, heart disease, and cataracts. Lettuce also includes iron, which can aid in the prevention of anaemia.
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The Global Lettuce Market is segmented based on the Component, Type, Application, and Region. Based on the Type, the Global Lettuce Market is segmented as Frozen and Fresh. Based on the Application, the Global Lettuce Market is segmented as Supermarkets, Grocery Stores, and Convenience Stores. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Analysis by Type
The adoption of fresh lettuce is the primary factor fuelling this market's expansion. The product is becoming increasingly popular on the market because many people buy it on a weekly basis since it serves as a base for salads, a topping for sandwiches, and an important component of tacos and other dishes. To generate the maximum sales in the category, provide buyers with a variety of lettuce selections.
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The Asia Pacific dominated the global lettuce market in 2021 and is projected to show a similar trend over the forecast period followed by Europe and North America. China has been the world’s largest producer of fresh lettuce since 2006. China’s production reached from 11.4 million metric tons in 2006 to 14.32 million metric tons in 2020, which is a 25.6% increase. China holds more than 50% share in the global lettuce market followed by the United States and India. Furthermore, lettuce is mostly grown using hydroponics, with either the nutrient film technique (NFT) or the floating raft method, both of which are closed systems. The Asia Pacific is also one of the fastest growing hydroponics markets. Furthermore, A growing number of Asian-Pacific consumers are looking for fresh leafy vegetables that are pesticide-free and safe to eat raw is adding to the region’s growth.
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The lettuce (Lactuca Sativa l.) The Plant is one of the World's Most commercially important green vegetable crops.
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The Global Lettuce Market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses to increase market share and profitability.
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SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Lettuce Market Analysis, the households were in high demand for pre-packaged lettuce as a result of lockdowns and the associated trend toward more home cooking. Salad kits with varied flavours, herbal fragrances, and seasonings have emerged as a viable food market trend.
|Market size value in 2028||XXX billion|
|Forecast period||2022 - 2028|
|Forecast Unit (Value)||Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Lettuce Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Lettuce Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Lettuce Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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