Tiger Nuts Milk Market
Tiger Nuts Milk Market (Nature: Organic and Conventional; End Use: Food Industry, Foodservice Industry, and Retail/Household; and Distribution Channel: Business-to-Business and Business-to-Consumer) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030
Press Release :
Good Nutrition with Physical Activity Important to Stave off Coronavirus
Easy, affordable, and a healthy diet has become the lifestyle of consumers after COVID-19 cast its impact on the global society. Food consumed impacts the human body’s ability to fight diseases and recover from infections. Hence, brands in the tiger nuts milk market are increasing awareness about having a balanced diet with good physical activity to maintain optimum health during the pandemic.
Good nutrition is being publicized as the key to reduce the risk of exposure to coronavirus. Manufacturers in the tiger nuts milk market are targeting high-risk patients suffering from hypertension, diabetes, and obesity to boost product sales. Although tiger nuts milk is yet to receive visibility in the market, manufacturers should conduct marketing campaigns to bolster product uptake.
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Tiger Nuts Milk Gains Popularity as Superfood
The tiger nuts milk market is anticipated to reach a revenue of US$ 993.3 Mn by 2030. However, side effects associated with tiger nuts such as unpleasant gas and bloating are being encountered. Hence, manufacturers are using clean labels to draw caution on the ingredients of the product to prevent adverse events in consumers.
Tiger nuts milk is emerging as an alternative to traditional milk. Supply and consumption of plant-based milk is acting as a key driver for manufacturers in the tiger nuts milk market. Moreover, tiger nut drinks are considered as superfood due to their exceptional nutritional qualities.
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High Pressure Processing Maintains Natural Properties of Tiger Nuts Milk
Innovative food processing technologies are being used for the production of vegetable-based milk products. Allergenicity toward cow’s milk, lactose intolerance, and high prevalence of hypercholesterolemia are fueling growth of the tiger nuts milk market. This explains why the tiger nuts milk market is predicted to rise at a favorable CAGR of 8.1% during the forecast period.
Non-dairy, plant-based beverages are useful alternatives, as they contain high presence of bioactive components with health promoting properties. Such attributes are benefitting stakeholders in the tiger nuts milk market. However, due to thermal treatment of tiger nuts milk, the milk tends to lose its protein digestibility and leads to degradation of its thermolabile compounds. Hence, manufacturers are adopting advanced beverage processing technologies such as high pressure processing and high pressure homogenization to maintain the natural properties of tiger nuts milk.
Tiger Nuts Milk Helps in Treatment of ED, Cardiovascular Diseases in Men
Tiger nuts milk has been found to boost fertility in men. It is gaining popularity as a wonder nut, which helps to bolster the male libido and cures erectile dysfunction (ED). Manufacturers in the tiger nuts milk market are increasing their output capacities, since its high zinc content and ability to establish hormone balance are being preferred by consumers.
The increased sperm production is being associated with tiger nuts milk consumption. Companies in the tiger nuts milk market are capitalizing on this advantage to increase their product visibility in supermarkets and retail stores. On the other hand, tiger nuts milk is being used to treat high blood pressure and other cardiovascular diseases.
Flexitarianism, Veganism Give Rise to Preservative-free Plant-based Beverages
Flexitarianism and veganism are responsible for the success of vegetable-based drinks. Companies in the tiger nuts milk market are producing plant-based milk products with low added sugar and less processed ingredients to meet the requirements of health conscious consumers. For instance, Ultimate Tech is a self-funded and registered homegrown brand, which supplies preservative-free tiger nuts milk packaged in biodegradable bottles with zero migration.
Manufacturers in the tiger nuts milk market have amped up their storage facilities to stock the beverages at ambient temperatures for days, owing to the success of products due to flexitarianism and veganism trends.
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The flattening of the COVID-19 curve has been made possible with increasing awareness about easy, affordable, and healthy diet & active lifestyle. Tiger nuts milk is gaining popularity as a superfood, owing to its high vitamin E and D properties. However, due to traditional thermal processes for the production of tiger nuts milk, manufacturers are facing with challenges such as decline in amino acid availability in the milk. Hence, manufacturers in the tiger nuts milk market should adopt pulsed electric fields and ultrasound techniques to maintain natural properties of tiger nuts milk. High-pressure processing and high-pressure homogenization help to increase the shelf life of vegetable-based beverages and improve the sensorial acceptability of the final product.
Tiger Nuts Milk Market: Overview
- The tiger nuts milk market’s value stood at US$ 455.3 Mn in 2020, finds Transparency Market Research (TMR) in a recent study. According to the report, the market is expected to reach US$ 993.3 Mn by 2030, at a CAGR of 8.1%.
- Organic tiger nuts milk is expected to witness high value CAGR of 9% during the forecast period attributable to its growing consumer base for organic milk and dairy products
- Several market trends such as ‘Beyond Milk’, ‘Sustainable Diets’, and ‘Lactose-free Dairy Products’ are promoting the use of different types of plant-based milk, boosting the demand for tiger nuts milk
- Tiger nuts milk market in Europe is expected to grow at steady value CAGR of 6.6% during the forecast period of 2020-2030, owing to high demand for vegan and lactose-free products
- Retail/household segment is estimated to account for 69.5% share of the market value in 2020, with increasing popularity of plant-based milk as well as longer shelf life and higher household consumption
Tiger Nuts Milk Market: Market Frontrunners
- Conventional tiger nuts milk accounts for the largest share of 88.6% of the tiger nuts milk market, owing to the high adaptability and high availability of conventional tiger nuts for the production of conventional tiger nuts market
- The U.S. is anticipated to witness the highest growth of 9.2% in the tiger nuts market during the forecast period, due to the high demand for plant-based food products. Moreover, vegan trend is also boosting the growth of the tiger nuts milk market in the U.S.
- Food industry accounts is expected to witness the highest growth of 9% during the forecast period in the tiger nuts milk market, due to the increasing application of tiger nuts milk in various food preparations and food products
Tiger Nuts Market: Key Market Trends
- Rising use of tiger nuts in infant food products: Tiger nuts milk is rich in nutritional content required for healthy development of the body and thus, can be used for producing infant food products. Nursing mothers are also advised to drink tiger nuts milk to increase the production of breast milk. Tiger nuts milk also helps fight many diseases and healthy development of body. Moreover, tiger nuts milk proved to be very beneficial in fighting malnutrition, especially in children, owing to their high magnesium content. Tiger nuts milk is also a rich source of protein, which is required for body building, offering an alternative to meat-based products. Thus, with the growing demand for healthy food products for infants and children, the tiger nuts milk market is expected to grow due to high sales.
- The Chufa Original Company offers tiger nuts milk, flout, and tiger nuts that can used for feeding infants
- Tiger nuts milk emerging as next superfood due to high nutritional content: There is a lot of research going on for finding food products that offer high amounts of nutritional components, and the list of such superfoods continues to grow. Many such products have been used traditionally as medication and maintain a healthy lifestyle. One such food product is tiger nuts milk, which is native to some countries in Europe and Africa. Tiger nuts milk is the next big superfood, as they pack a powerful nutritional punch in a small packet. Today, tiger nuts are available as snacks, flours, drinks, and other forms that can be eaten fresh or can be clubbed with regular food products for their nutritional benefits. Tiger nuts milk is on the cusp of being commercialized as the next superfood, which is expected to bring a lot of opportunities for market players.
Tiger Nuts Milk Market: Strategies
- Majority of market players are taking the innovative approach and are investing R&D in order to launch different products, offering flavorful, organic, and non-GMO plant-based milk to strategically gain more market space
- TIGERNUTS TRADERS, S.L. invests in research and development to improve its product range. The company is equipped with laboratories that are used to study the intrinsic qualities of tiger nuts and their uses. The company offers its products in the alimentary and pharmaceutical industry, becoming Europe’s main exporter of tiger nuts and their derivatives.
- Market players are also focused on offering application specific tiger nut milk, especially as an ingredient for production of plant-based products such as ice cream, smoothies, yogurt, etc.
- Jose María Bou, S.L. offers customized solutions according to the requirements of the clients. The company adapts to the demands of the market, and innovates continuously to have the widest variety of tiger nuts milk related products, packaging, and formats. The company also offers support to its customers in the applications of the tiger nuts milk products.
Tiger Nuts Milk Market: Market Players
- Some of the market participants operating in the tiger nuts milk market identified across the value chain include
- Tiger Nuts USA
- The Tiger Nuts Company Ltd.
- TIGERNUTS TRADERS, S.L.
- Organic Gemini
- Ludlow Nut Company Ltd.
- KCB International
- Good Soul Company
- ACH Food Companies, Inc.
- Jose María Bou, S.L
- The Original Chufa Company
- Fontaine De Vie
- Tradin Organic Agriculture B.V.
- XUFEX, among others
Tiger Nuts Milk Market – Scope of the Report
Transparency Market Research (TMR) has recently published a market study on the tiger nuts milk market. It provides a detailed assessment of key market dynamics, including drivers, trends, opportunities & restraints, and detailed information about the tiger nuts milk market structure. The market study presents exclusive information about how the tiger nuts milk market will grow during the forecast period of 2020-2030.
Key indicators of market growth, which include year-on-year (Y-o-Y) growth of the market, value chain, supply chain analysis, and compounded annual growth rate (CAGR) are elaborated in the study in a comprehensive manner. This information is intended to help readers understand the quantitative growth prospects of the tiger nuts milk market during the forecast period.
The study is intended to offer a holistic market overview to stakeholders in the tiger nuts milk, including manufacturers, suppliers, distributors, cultivators, brands and investors, and to help them develop winning growth strategies. Stakeholders in the tiger nuts milk market, which include investors, industry experts, researchers, and journalists, and business researchers can leverage the information and data presented in TMR’s study.
The study also includes statistics and facts related to the macro as well as microeconomic factors that are impacting expansion of the market. It also offers actionable insights into the future trends in the tiger nuts milk market. Furthermore, small businesses and new entrants in the tiger nuts milk market can make use of the information presented in this study based on which, they can make appropriate business decisions in order to gain momentum in the market.
Key Questions Answered in TMR’s Tiger Nuts Milk Market Report
- Which segment will continue to remain the most profitable regional market for tiger nuts milk market players?
- Which factors will induce a change in the demand for tiger nuts milk during the assessment period?
- How will the changing trends impact the tiger nuts milk market?
- How can market players capitalize on the low-hanging opportunities in the tiger nuts milk market in developed regions?
- Which companies are leading the tiger nuts milk market?
- What are the winning strategies of stakeholders in the tiger nuts milk market to catapult their position at the forefront?
Tiger Nuts Milk Market – Research Methodology
In TMR’s study, a unique research methodology is used to conduct an extensive research on the growth of the tiger nuts milk market and identify future growth parameters. This research methodology is a combination of primary and secondary research, to help analysts ensure the accuracy and reliability of the conclusions.
Secondary sources referred to by analysts for compiling the tiger nuts milk market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers who contributed to the development of this report as a primary source.
Information acquired from primary sources and secondary sources is compiled in a comprehensive manner. This also acts as a validation from companies in the tiger nuts milk market, which makes TMR’s projections more accurate and reliable.
Tiger Nuts Milk Market – Segmentation
TMR’s study on the tiger nuts milk market offers information divided into important segments — nature, end use, distribution channel, and region/country. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.