What is Tiger Nuts Market Scope?
Tiger nuts are also known as yellow nutsedge, earth almonds, or chufa. It is commonly used for both food and medicine due to its nutritional and antioxidant properties. These nuts are rich in many nutrients, contribute to good digestion, and may protect against infections and health conditions, such as diabetes and heart disease. The tiger nuts market is highest in Ghana and Spain because of the high production and consumption of end products made with it. Nigeria, Niger, Mali, Senegal, and Togo, are other South African countries, producing tiger nuts. According to research, these fiber-packed tubers can improve cardiovascular health by lowering LDL or bad cholesterol levels. Moreover, it helps to fight free radicals, lowering the risk of chronic inflammation and certain cancers owing to the high antioxidant content.
The Tiger Nuts market study is being classified by Type (Black, Brown and Yellow), by Application (Food Industry, Pharmaceutical Industry and Other (Cosmetic Industry, Textile Industry)) and major geographies with country level break-up.
The Ghana tiger nut market is much consolidated owing to the presence of few players. Most of the tiger nut produced in Ghana is exported to other countries such as the United States, Spain, the United Kingdom, and other European countries. This product is under research as it contains major nutritional and health benefits like superfoods. Major key players import tiger nuts to make end products such as Milk, Flour, or oil. Research Analyst at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Tiger Nuts market throughout the predicted period.
Tiger Nuts USA (United States), Mosaic Grove (United States), KCB International (Netherlands), Tigernuts Traders, S.L. (Spain), Jose María Bou, S.L (Spain), Levantex (Spain), The Original Chufa Company (Spain), The Tiger Nuts Company Ltd. (United Kingdom), Organic Gemini (United States) and XUFEX (Spain) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Ludlow Nut Company Ltd. (United Kingdom), Good Soul Company (United States), Fontaine De Vie (Nigeria), Ecoideas (Canada) and Tradin Organic Agriculture B.V. (Netherland).
Analyst at AMA have segmented the market study of Global Tiger Nuts market by Type, Application and Region.
On the basis of geography, the market of Tiger Nuts has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In 2020, Mosaic Grove, a United States company farming cashew and tiger nuts for processing and export, executed a deal to set up a processing factory at the WestPark industrial and Business Park in Ghana’s Western Region.
Influencing Market Trend
- Increasing Demand for Organic, Non-GMO, Gluten-Free Tiger Nuts
- Increasing Demand of Tiger Nuts from Consumers owing to Their High Nutritional Benefits and Protection against Aging and Diseases like Cancer and Heart Disease
- Rising Demand for Plant-Based and Healthy Foods
- Increasing Investment in Research and Development Owing To a Superfood Category and Future of Space Foods
- Complex Production Process Requires a Lot of Time and Skilled Labors
- High Consumption May Cause Some Gas, Bloating, Cramping, or Diarrhea for People with Digestive Issues Such As IBS or Sensitivities to High-Fiber Foods
Key Target AudienceTiger Nuts Producers, Raw Material Suppliers, Food Processing Industry, Pharmaceutical Industry, Research Institutes, End-User Industries and Others
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