Global Tiger Nuts Market is valued approximately USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2020-2027. Tiger Nuts are also known as earth almonds, yellow nutsedge or chufa. They are available as the size of chickpea, wrinkly texture and sweet nutty flavor same to coconut. Tiger nuts has its application in food and medical industry. Tiger nuts has variety of nutrients and helps in better digestion so does reducing the risk of heart disease. Also, after COVID, the consumers are more conscious about their healthy diets and only consume that food which impacts the human bodys ability to fight diseases and recover from infections. Tiger nuts are very useful and beneficial for high-risk patients with diabetes, hypertension, and obesity. Tiger nut milk is an alternative of traditional milk which is highly demand by vegans. The rising number of Vegans as well as growing number of high-risk patients with diabetes, hypertension, and obesity are the few factors responsible for growth of the market over the forecast period. For instance: according to Statista, the number of vegans in Great Britain was 150,000 in 2014 and has increased by 600,000 vegans in 2018. Similarly, the number of people suffering from diabetic retinopathy in United States was 7.7 million in 2010 and has risen to 9.2 million in 2020. Whereas, side effects associated with tiger nuts such as unpleasant gas and bloating are the major factor restraining the growth of global Tiger Nuts market during the forecast period.
The regional analysis of global Tiger Nuts market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the changing lifestyles of consumers and increase in consumption of clean label products. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report 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 Mara Bou, S.L
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
by Nature:
Organic
Conventional
by End-Use:
Food Industry
Foodservice Industry
Retail/ Household
By Distribution Channel:
Business to Business
Business to Consumer
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2017, 2018
Base year 2019
Forecast period 2020 to 2027
Target Audience of the Global Tiger Nuts Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors