About Tiger Nuts Milk
Tiger nut milk is known as healthy drinks. It is also called as tiger nut horchata or chufa milk. Tiger nut milk has nutty flavour. It is used to mix with various types of smoothies, tea, and coffee. Tiger nut milk is available in number of flavours. Tiger nuts are rich source of vitamins and proteins. Thus, it is mostly preferred as healthy drinking option over other dairy products. It contain less calories hence it is mostly preferred by health conscious people who are more aware regarding calories consumption. Rising awareness regarding healthy lifestyle and increasing inclination towards natural ingredients has created demand for tiger nut milk.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The market of tiger nut milk is expected to grow with rising demand for healthy drinks. Several market players are providing tiger nut milk owing to healthy benefits associated with it. Thus, the market is highly fragmented with the presence of local and international market players. Additionally, many new players are also entering to market with excellent features which in turn impacting on the competitive rivalry. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
The Chufa Original Company (United Kingdom), The Tiger Nut Company Ltd (United Kingdom), Tiger Nuts USA (United States), TIGERNUTS TRADERS, S.L. (Spain), Ludlow Nut Company Ltd. (United Kingdom), ACH Food Companies, Inc. (United States), Fontaine De Vie (France), Jose María Bou, S.L (Spain), KCB International (Netherlands) and Organic Gemini (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Tiger Nuts Milk market by and Region.
On the basis of geography, the market of Tiger Nuts Milk 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). If we see Market by Category, the sub-segment i.e. Natural will boost the Tiger Nuts Milk market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel , the sub-segment i.e. Offline {Supermarket/Hypermarket, Specialty stores, Department stores, and Others} will boost the Tiger Nuts Milk market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. Bottle will boost the Tiger Nuts Milk market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Raw Tiger Nuts will boost the Tiger Nuts Milk market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
Coffee chain Tata Starbucks has tied up with plant-based food company Imagine Meats to sell vegan food in India. The homegrown firm is among a growing number of restaurant chains innovating to cater to the taste buds of the Indian vegan population with plant-based meat.
In a June 2017 decision by the European Court of Justice, the court confirmed that European Union regulations prevented “milk” designations from being used on plant-based products, even if the designation was clarified by plant terms.
Market Drivers
- Growing Expenditure of RTD Healthy Drinks in Food and Beverages Industry
- Growing Preference for Low Calories based Drinks
- Large Network of Dairy Products
Opportunities
- Augmenting Demand owing to Rising Health Awareness has created Demand
- Increasing Online Platforms for Delivery has created Ease in Distribution
Restraints
Challenges
- Disruption in Supply Chain owing to Pandemic and Lockdown
- Weather Inconsistency may Impact on the Production of Tiger Nuts
Key Target Audience
Tiger Nut Milk Manufacturers, Tiger Nut Milk Suppliers/Distributors, Raw Material Suppliers, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.