In accordance with this study, the Global Tiger Nuts Market value registered in 2022 was close to USD 165.39 MN and is predicted to outstretch revenue by USD 320 MN in 2030 with a CAGR of 8.6% during the period of 2023-2030.
Tiger nut, also known as chufa nut or earth almond, which are often found in wet soils such as rice paddies, peanut farms, and also in well-irrigated lawns and golf courses during warm weather. These nuts are tubers like sweet potato though much smaller in size, are chewy and tastes little like almond & pecan. Since they have high fiber content, they are also a good source of plant-based protein and other nutrients. Moreover, these nuts are gluten and dairy-free that makes a great option for vegan or paleo diet.
Market Dynamics
The rising demand for healthy and plant-based foods among consumers, is propelling the tiger nuts market growth. Also, the growing demand for gluten & dairy-free products as these nuts are free from such constituents is further fueling the market demand. On the downside, exhaustive production process which is time-consuming and requires skilled labor may hamper the market growth.
The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of tiger nuts.
Market Segmentation
The study offers a decisive view of the global tiger nuts market by segmenting it in terms of type and application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Nature
By End Use
- Food Industry
- Foodservice industry
- Retail/Household
By Distribution Channel
- Business to Business
- Business-to-Consumer (Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Online Retail)
Regional Analysis
This section covers Tiger Nuts market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global tiger nuts market along with the individual application segment across all the prominent region.
Global Tiger Nuts Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global tiger nuts market are Tiger Nuts USA, Levantex, The Tiger Nuts Company Ltd., Tigernuts Traders S.L, Organic Gemini, Ludlow Nut Company Ltd., KCB International, Good Soul Company, ACH Food Companies. Inc., Jose Maria Bou, S.L, The Original Chufa Company, Fontaine De Vie, Ecoideas, Tradin Organic Agriculture B.V., XUFEX among others. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
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