Tiger Nuts Market

Global Tiger nuts market Size (2024 to 2029)

tiger nuts market share value is expected to grow at a CAGR of 7.79% during the forecast period 2024 to 2029 to reach USD 0.25 billion by 2029 and 0.175 billion by 2024.

Tiger nuts are also known as chufa, yellow nutsedge, or earth diamonds. The tiger nuts are not nuts but are edible tubers. The tiger nuts have the only thing common with tigers is the strips. These tiger nuts can be extremely versatile. Tiger nuts can be eaten raw, dried, or cooked. The tiger nuts taste almost like almonds, sweet, nutty flavour. The size of these nuts is about chickpeas, but they have wrinkly structures. These nuts are nutritious and have health benefits such as better digestion and reduced risk of heart attack. Tiger nuts are a kind of superfood. These are rich in antioxidants, vitamins C and E.

Tiger nuts can be very beneficial for patients with diabetes. Tiger nuts contain protein. These proteins have high concentrations of the amino acid arginine, which may boost insulin sensitivity and synthesis, both of which are important in controlling blood sugar levels. These nuts increase fertility in men. They are used as aphrodisiacs in ayurvedic medicines, which boosts male fertility in men. Additionally, many companies which manufacture tiger nuts are increasing their marketing in retail stores to boost the sales of tiger nuts.

Global Tiger nuts market Drivers:

Increase in demand for tiger nuts in the cosmetics industry The increase in demand for tiger nuts in the cosmetics industry is due to its advantages. Tiger nuts offer some advantages as it is highly nutritious, including Vitamin C, D, and E. Tiger nuts are made of low saturated fatty acids and highly unsaturated fatty acids, while oleic acid is the predominant fatty acid which is more than 65%. There are many advantages of oleic acid, such as it can be used as a cleansing agent and texture enhancer. It can protect antioxidants from light and air degradation. Hence this oil can be used by crushing tiger nuts that are extracting these essential oils from it. This tiger nut oil is the main ingredient for various soaps, lotions, etc. It is very beneficial for the skin as it nourishes and moisturizes the skin at the same time.

Tiger nuts are highly fibrous. They are high in insoluble fiber. This insoluble fiber helps to have a better digestion process. As these insoluble fibers are not soluble, they add bulk to the stools and help food move easily through the gut. They are also high in resistant starch, which is a type of fiber that feed the friendly bacteria in the gut leading to smooth digestion. In addition, tiger nuts may include digestive enzymes, including catalases, lipases, and amylases, that can help relieve gas, indigestion, and diarrhea by breaking down food in the gut.

Global tiger nuts Market Restraints:

The side effects associated with tiger nuts hinder the market growth of the global tiger nuts market. Tiger nuts are high in calories, hence consuming them in more quantity lead to weight gain. These tiger nuts contain anti-nutrients such as phytates and tannins. These substances interfere with the absorption of certain nutrients in the body. For instance, phytates attach to minerals which leads to deficiencies of those minerals in the body.

Tiger nuts can be a potential allergen. Some people may face allergic reactions to tiger nuts. The symptoms of allergic reactions reaction to tiger nuts include swelling of the face, lips, or throat and difficulty in breathing. This hinders the demand for tiger nuts. Additionally, they contain vitamin K, and if a person is taking any blood thinners, this may lead to interference with the mechanism of action of drugs like warfarin. This allergic reaction and interaction with other medicines hinder the tiger nuts market growth.

Tiger nuts are rich in Vitamins. The presence of Vitamin K is very useful in the treatment of cardiovascular diseases. These tiger nuts are also used to boost the immune system. These are helpful in treating colon cancer as they are fibrous products. These fibers help to clean the gut. Additionally, they are composed of higher levels of HDL, which is good cholesterol. Hence reduces the chance of cardiovascular diseases. These factors are associated with increasing opportunities in the forecasting period.

Impact of COVID-19 on the Market:

Tiger nuts are considered superfoods. Superfoods are considered nutrient-rich food, which are very health beneficial. They are rich in vitamins E, C, and K. The market for tiger nuts had a moderate impact during Covid-19. This is due to these nutrient-rich tiger nuts were used to boost immunity. These nuts are sources of high fatty acids, fibers, vitamins, and minerals. There was an increase in the consumption of nutritious food during Covid-19 to boost immunity and to also fight against Covid-19. While because of Covid-19, there were lockdown restrictions. These restrictions led to transport restrictions. This led to disruption in supply chain management and shipping delays.

REPORT COVERAGE: 

This research report on the Global Tiger Nuts Market has been segmented and sub-segmented based on nature, size, end user, distribution channel and region.   

Global Tiger Nuts Market - By Nature:

• Organic
• Conventional

Among these, the organic segment dominates the tiger nut market. The organic segment is expected to dominate the tiger nut market over the forecasting period. This is due to an increase in the adoption of organic food materials. The segmental market growth is due to its health benefits in its natural form. There are more health benefits of organic tiger nuts than conventional tiger nuts. The conventional tiger nut segment is expected to show the fastest CAGR growth.

Global Tiger Nuts Market - By Size:

• Micro
• Small
• Large

Among these, the micro-sized tiger nut segment dominates the market. The micro-sized tiger nut segment is expected to dominate the market over the forecasting period. This is due to the fact that while extracting the oils from tiger nuts, the tiger nuts used are micro-sized. They are mostly available in millimeter size. The small and large segment is expected to show significant growth in the market over the forecasting period.

Global Tiger Nuts Market - By End User:

• Food Industry
• Retail
• Household
• Others

Among these, the Food industry segment dominates the market value. The food industry segment is expected to dominate the market over the forecasting period. The food industry is estimated to account for the larger share of the market. This is due to the higher demand for these tiger nuts. The higher demand is due to; they are available in various forms such as flour, oil, and milk. The retail segment is expected to show the fastest CAGR rate in the market over the forecasting period.

Global Tiger Nuts Market - By Distribution Channel:

• Business-to-Business
• Business-to-Consumer
• Hypermarkets/Supermarkets
• Convenience Stores
• Specialty Stores
• Online Retail
• Others

Among these, Business to business segment dominates the market shares. The business-to-business segment is expected to dominate the market over the forecasting period. From Covid-19, this segmental growth is observed. This is due to the fact they are adopting new routes, such as online marketing and sales, to boost product uptake. Due to an increase in digital adoption, small food businesses in the UK are gaining from the network of support provided by Enterprise Nation, a business-to-business service in London. Additionally, it has been discovered that British consumers promise to support small businesses during the coronavirus aftermath to keep them afloat.

Global Tiger Nuts Market – By Region:

• APAC
• Middle East
• Latin America
• Europe
• North America

the Middle East and Africa segment dominates the market. The Middle East and Africa region is expected to dominate the market over the forecasting period. This is due to its increasing demand in this region. The demand is increased due to its health benefits and medical advantages. Additionally, these tiger nuts are available in this region. Furthermore, the high demand for tiger nuts for horchata is anticipated to drive regional growth.

The North American region is expected to grow at the fastest CAGR over the forecasting period. This is due to an increase in awareness regarding the health benefits of these tiger nuts. In this region, the United States holds the largest share of the regional market. This is due to an increase in the usage of value-added products. The major producers of tiger nuts are also introducing new products, which are anticipated to drive the market during the forecasted period. For instance, Califia Farms will introduce its new brand of plant-based butter in Target locations across the US on October 22, 2020. The new plant butter from the brand comes in two flavors: sea salt with avocado oil and sea salt with olive oil, with a suggested retail price of $4.99. A base of cashews, tiger nuts, premium avocado and olive oils, plant-based cultures, and nutritional yeast is used to create it.

KEY MARKET PLAYERS:

Key market players of Tiger Nuts Market are Amandín (U.S.), Ecoideas (Canada), The Chufa Original Company (Canada), Tiger Nuts USA, Levantex, The Tiger Nuts Company Limited, Tigernutsnuts Traders, S.L, Organic Gemini, Ludlow Nut Company Ltd, Kcb International, Good Soul Company, Ach Food Companies, Inc.

RECENT HAPPENINGS IN THE MARKET:

In May 2021, in The Tiger Nut ‘Gold’ Business, Two young Ghanaians built a factory to manufacture milk drinks, biscuits, and other products from tiger nuts by using locally fabricated technology.