Global Chufa Market: Snapshot

The global chufa market is all set to show prodigious growth during the forecast period of 2020 to 2030. One of the key reasons for this growth is growing use of chufa in diverse industry verticals. Chufa is rapidly growing grass-like plant that generally requires moist, wet soils and warm climate to grow. Chufa has slightly almond-like flavor and is generally consumed raw as well as cooked. Apart from this, it is widely used in a preparation of a traditional drink named horchata.

An upcoming research report from TMR on the global chufa market aims to provide complete study of key factors such as challenges, drivers, restraints, and opportunities of this market. In addition, this report intends to present reliable data on shares, volume, and revenues of the market for chufa. Inclusive data on key players and their business strategies is adroitly covered in this study. Thus, the report works as a helpful guide of the global chufa market for the forecast period of 2020 to 2030.

The global chufa market is segmented on the basis of various key factors such as application, type, and region. Based o type, the global chufa market is bifurcated into micro, small, and large micro.

Expanding operations in future? To get the perfect launch ask for a custom report

Global Chufa Market: Growth Dynamics

The global chufa market is witnessing remarkable sales avenues. The market is growing on the back of growing use of chufa for medicinal purposes. The tubers of chufa plant contain high amount of carbohydrate, protein, and oleic acid. This aside, around 20–28% of their mass contain non-drying oil. This oil is widely used in industries for diverse purposes such as instrument lubricants and in cosmetics. As a result, the global chufa market is witnessing remarkable demand avenues from all across the world.

Growing awareness about the health benefits of chufa is one of the key reasons driving market growth. For instance, chufa milk is popular in Chinese people as a liver tonic. At the same time, it found to be effective in healing gum and mouth ulcers. In addition to this, chufa is gaining traction in African countries as a cancer-curing product. Owing to all these features, the global chufa market is expected to gain prodigious amount in the form of revenues in years ahead.

Global Chufa Market: Notable Development and Competitive Analysis

The global chufa market is moderately fragmented in nature. Presence of gamut of players indicates that the competitive landscape of the market for chufa is highly intense. Key vendors from this market are executing diverse strategies such as new product launches to expand their customer base. Apart from this, they are pouring efforts to grow their regional presence. Strategies such as mergers, acquisitions, partnerships, and collaborations are helping companies to achieve this motive.

The list of key players in the global chufa market includes:

  • The Chufa
  • KCB International
  • The Tiger Nut
  • Levantex
  • Chufa De Valencia

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

Global Chufa Market: Regional Assessment

The global chufa market is spread across five key regions, namely, Europe, North America, Central and South America, Asia Pacific, and Middle East and Africa. Of them, Europe is one of the lucrative regions of the market for chufa. Key factor supporting this market growth is easy availability of chufa in this region. Apart from this, growing popularity of horchata in this region is expected to fuel the growth of the chufa market in the upcoming years.

This upcoming business intelligence report is intended to be a one-stop market research solution to guide organizations in taking timely and effective decisions for their business growth. The ongoing study is the culmination of our deep expertise on data science methods, combined with an unparalleled understanding of the external environment and analysis of the industries. Each of the reports by TMR aims at offering a detailed scrutiny of the value chain of our current and prospective customers, takes them from identifying value propositions, and subsequently assist their business executives to implement right strategies to create customer value. We believe that creating and sustaining the customer value is the key pivot on which business executives can create profits for their organizations and increase the market shares, continuously and with sustainability.

Each of our touchpoints through which we engage with the organization/enterprise during the primary research enables us to understand the internal environment it operates in and the ways in which the external environment influences its growth.

Always Evolving with Competition

Excellence is built into the DNA of TMR, and all our teams work collaboratively and committedly toward achieving that in whatever they do. From the very first interaction our teams of research analysts have with any interested market participant to the final preparation processes in each of our reports reflects a rigorous understanding of the dynamic industry environment that businesses operate in.

We relentlessly work to be a differentiator in whatever we do in the current era of hypercompetitive global environment. The result of our unceasing focus on excellence is reflected clearly in the insights and guidance we offer to our customers in order to empower them to create brand equity. Our simple yet very powerful underpinning for navigating the competition is to always keep evolving with changing business environments. Our close-kinit team of research analysts not only believe in this simple philosophy but also implement the same.

Constantly Innovating Our Research Methodologies and Models

We do not limit with any specific market research tool or one standard approach for obtaining or analyzing data. Undoubtedly, our report making process is ever-evolving to meet the customer needs and demands supported broadly by a vast knowledge of data science methods that we combine with business acumen our teams have built upon for several years. Evidently, our primary and secondary research data about customers and consumers have shown that we can go to any lengths to obtain them. This is followed by applying next-gen automation tools integrated with human judgement to clear the clutter, ascertain the most relevant and recent qualitative and quantitative insights, and package them in digestible chunks in our reports for our customers.

We Take Pride in No-One-Size-Fits-All Approach

Over the past several years, we have been conducting market intelligence studies across all industries for all types of organizations — big and small, profit and not-for-profit, and Fortune 500 and Unicorns, as we believe that a sound decision making must be based on no-one-size-fits-all approach. Without doubt, each of the organizations regardless of the industry they are in are affected differently by changes in political, economic, socio-culture, legal, ecological, and legal environments. The research models and the value chain analysis process that our analysts employ for conducting the study uphold this approach.

We look at myriad components of internal and external business environment affecting the growth strategies of organizations. Some of the broader aspects that we focus on are:

  • Our team of Analysts and Support Teams always strive to see the bigger picture in life cycle stages of any industry
  • The Teams focus on obtaining valuable insights into different models of competitive advantage while making an internal environment analysis
  • They keep on modifying the value chain analysis processes of organizations to understand on how customer value is created

Some areas of assessing market dynamics that are used in the research models and methodologies adopted by our analysts can be summarized as:

  • Corporate and business strategies underlying new brand positioning strategies
  • Mapping for strategic planning for business units
  • Various metrics for business portfolio analysis, including BCG matrix
  • Value chain analysis

These will help create and sustain competitive advantage for our prospects and current customers.

Key focus areas and agenda that underpin and catalyze our primary and secondary research initiatives and endeavors are:

  • What are some of the core competencies and distinctive competencies of new entrants and established players in the industry we are analyzing?
  • What are some of the branding opportunities that are emerging at a rapid pace?
  • What are the major competitive forces and elements of external environment shaping the industry life cycle stages of most organizations?
  • Why some competitive strategies are popular than others among leaders in a certain market?
  • What customer-based brand equity strategies companies have leveraged in a certain industry or set of related industries in a sector?
  • What are some of the key pricing strategies that companies in an industry are implementing for marketing their products internationally?
  • Identifying whether market-push or market-pull strategies are more relevant to a certain product or a service?

Disclaimer: This ongoing market research study is a meticulously planned activity where a broad array of factors and aspects that shape the marketing environment and industry are taken into account. However, keeping in mind the constantly changing nature of business dynamics and changing strategic intents, we are always actively making iterations and modifications in our approaches. As always, we are ready to tailor our insights and guidance to suit your requirements. Engage with us to know what more is there for your CXOs.

Enquiry Before Buying

TMR offers Enquiry Before Buying that help clients to get information on their business scenario required where syndicated solutions are not enough.

Enquiry Before Buying