Sustainability and Health Trends in the Tiger Nuts Market
The tiger nuts market has shown remarkable growth, valued at US$ 236.0 million in 2022, and is projected to expand at a CAGR of 8.0% from 2023 to 2031, reaching US$ 469.6 million by the end of 2031. This growth is fueled by increasing consumer interest in healthy snacking options and rising demand from the cosmetic industry.
Analysts' Viewpoint
The rising awareness of health benefits associated with tiger nuts is a significant driver of market growth. These nuts, known for their nutritional properties, are rich in antioxidants, vitamins C and E, and healthy fats. Their consumption contributes to improved digestive health, blood sugar control, and skin health, making them a popular choice among health-conscious consumers.
The growing trend of healthy snacking is transforming dietary preferences, with many individuals seeking organic and nutritious alternatives. This shift is particularly evident in the increase in demand for organic tiger nuts, which are prized for their health benefits, including the presence of arginine that aids in maintaining blood sugar levels. The International Diabetes Federation reported that approximately 537 million adults were living with diabetes globally in 2021, highlighting the urgent need for dietary solutions that can support blood sugar management.
Market Introduction
Tiger nuts, also known as earth almonds, are tubers typically found in wet soils such as nut ranches and rice paddies. They are recognized for their medicinal properties and are effective in preventing colon cancer, obesity, and gastrointestinal disorders. Their high fiber content aids digestion, while their antioxidant properties help combat cell damage and may protect against aging and chronic diseases.
The primary varieties of tiger nuts-black, yellow, and brown-each offer unique benefits. However, they also contain antinutrients like oxalates and tannins, which can inhibit nutrient absorption. Despite this, the positive health attributes far outweigh the negatives, making them a sought-after superfood.
𝗖𝗹𝗶𝗰𝗸 𝗵𝗲𝗿𝗲 𝘁𝗼 𝘃𝗶𝗲𝘄 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗶𝗻 𝗳𝘂𝗹𝗹 𝗱𝗲𝘁𝗮𝗶𝗹 - https://www.transparencymarketresearch.com/tiger-nuts-market.html
Key Market Drivers
1. Increase in Adoption of Healthy Snacking Options
As consumers become increasingly aware of the importance of healthy eating, the demand for nutritious snacks has surged. Tiger nuts fit perfectly into this category, offering a blend of essential minerals, antioxidants, and healthy fats. The oil extracted from tiger nuts is rich in heart-healthy monosaturated fats, contributing to cholesterol management.
2. Surge in Demand from the Cosmetic Industry
The cosmetic industry is experiencing a notable increase in the use of natural ingredients, and tiger nuts are at the forefront of this trend. The oil derived from these nuts is cold-pressed and used in various skincare products, including body soaps, lotions, and anti-aging serums. Rich in phytosterols and vitamins, tiger nut oil helps moisturize and nourish the skin, making it a preferred choice for consumers seeking effective skincare solutions.
The rise in popularity of face serums, particularly those with anti-aging properties, is further driving the demand for tiger nut oil. Its ability to hydrate and protect the skin, combined with its healing properties, positions it as a key ingredient in many high-demand cosmetic formulations.
Regional Outlook
Leading Region: Europe
Europe has emerged as the leading region in the tiger nuts market, holding a significant share in 2022. The rapid growth of the cosmetic industry, coupled with a rising demand for organic products, is expected to propel the market in this region. Additionally, the increasing prevalence of diabetes among European adults-averaging 6.2%-is fostering greater interest in products that support health and wellness.
According to OECD data, millions of individuals across Europe are affected by diabetes, reinforcing the need for dietary options that can assist in managing this condition.
Key Players in the Tiger Nuts Industry
Manufacturers in the tiger nuts market are actively pursuing growth strategies, including partnerships, mergers, acquisitions, and innovative product launches. Some prominent companies in this sector include:
• Iyar Biotechnology, Inc.
• CHUFAS BOU
• Ecoideas
• Henry Lamotte Services GmbH
• KCB International
• Kofi Vinyo and Company Limited (KVCL)
• Levantex Bocairent S.L.
• Organic Gemini
• Pamela's Products
• Rapunzel Naturkost
• The Chufa Original Company
• Tiger Nuts USA
• Tigernuts Traders, S.L.
• TOOTSI IMPEX Inc.
• Tradin Organic Agriculture B.V.
• Xufex
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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