Global Tiger Nuts Milk Market Size By Type (Flavored, Non-Flavored), By Category (Organic, Regular), By Geographic Scope And Forecast
Published on: 2024-08-13 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Tiger Nuts Milk Market Size By Type (Flavored, Non-Flavored), By Category (Organic, Regular), By Geographic Scope And Forecast
Tiger Nuts Milk Market Size And Forecast
Tiger Nuts Milk Market size was valued at USD 523.64 Million in 2024 and is projected to reach USD 906.33 Million by 2031, growing at a CAGR of 7.83 % from 2024 to 2031.
The growing demand for nutrition-rich food in the global market is one of the foremost reasons for the growing demand for Tiger nuts milk, moreover rising use of tiger nuts for infant products is augmenting growth. The Global Tiger Nuts Milk Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Tiger Nuts Milk Market Definition
Tiger nuts milk is derived from Tiger nuts, also known as chufa, which is a yellow nutsedge sedge that is not nuts but edible tubers. These are about the size of a chickpea, but they’re wrinkled, chewy, and have a sweet, nutty flavor comparable to coconut. Tiger nuts milk has several advantages, including being high in nutrients, containing various nutrients and beneficial plant compounds, improving digestion, lowering blood sugar levels, improving heart health, boosting the immune system, and fighting infections, and possibly acting as an aphrodisiac.
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Global Tiger Nuts Milk Market Overview
The market for tiger nut milk has grown primarily due to factors such as rising consumer demand for clean label foods. Tiger nuts milk helps in treating obesity, diabetes, cancer, high blood pressure, and other ailments among the other major factors for growing demand. Companies in the tiger nut industry are increasing their dairy products range benefiting from tiger nuts milk’s ability to help with fertility and erectile dysfunction problems. Tiger nut milk is recognized for its high fiber content, which helps prevent and cleanse colon cancer.
Vitamin E, magnesium, and moisturizing characteristics contribute to the skin’s radiance. Tiger nut milk products are preferred by consumers looking for omega 3 in plant-based foods. This product benefits the growth of veganism as well as the rising prevalence of those with lactose sensitivity. Being seen as an alternative to cow milk Tiger Nuts Milk Market is benefiting from the global trend of veganism thus driving the market for tiger nuts. With greater awareness and prevalence of health issues, consumers in both developed and developing countries have become more health-conscious.
Some of the other factors leading to the rise in health consciousness are the fast-paced metropolitan environment and a lack of time to prepare and consume nutritious food products. Consumers are interested in the nutritional and health benefits of the products they buy and eat every day. This health-conscious consumer trend is evolving, resulting in a need for healthy food products including Tiger nuts milk, and further driving the demand.
Global Tiger Nuts Milk MarketSegmentation Analysis
The Global Tiger Nuts Milk Market is Segmented on the basis of Type, Category, And Geography.
Tiger Nuts Milk Market, By Type
• Flavored• Non-Flavored
Based on Type, The market is segmented into Flavored and Non-Flavored. Tiger nut milk is available in various flavors including coffee, chocolate, vanilla, etc. Tiger nut milk is available in various flavors including coffee, chocolate, vanilla, etc. Currently, non-flavored tiger nuts milk is dominating the market since it can be used as an alternative to regular milk in beverages.
Tiger Nuts Milk Market, By Category
• Organic• Regular
Based on Category, The market is segmented into Organic and Regular. The demand for organic Tiger nuts milk is growing at a rapid pace owing to its health benefits and is likely to occupy a substantial market share.
Tiger Nuts Milk Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, The Global Tiger Nuts Milk Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Due to the easy accessibility and strong demand for tiger nuts milk, the European, Middle Eastern, and African regions dominate the Tiger Nuts Milk Market. On the other hand, North America has a bright future for tiger nut milk, owing to the growing demand for these products and their uses.
Key Players
The “Global Tiger Nuts Milk Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as KCB International, Levantex, The Tiger Nut Company, Fontaine De Vie, Chufa De Valencia, The Original Chufa Company, and The Chufa Co.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• On Sep 2020, The Original Chufa Company, a leading Tiger nut Milk producer said it plans to double its production owing to the rise in demand post-pandemic.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2021-2031 |
Base Year | 2024 |
Forecast Period | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Million) |
Key Companies Profiled | KCB International, Levantex, The Tiger Nut Company, Fontaine De Vie, Chufa De Valencia, The Original Chufa Company, and The Chufa Co. |
Segments Covered | • By Type• By Category• By Geography |
Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
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