About Chufa
Chufa is the seasonal perennial plant with a peanut which is the underground nut widely used for animal feeding for providing the nutrients to them. It is also used in the pharmaceutical and alimentary industry, it can be also used in the food products as well. It is available in micro, small and large micro available in the organic and conventional range.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Chufa market throughout the forecasted period. 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.
KCB International (Netherlands), The Chufa Co. (Canada), Tigernut Traders S.L (Spain), Chufa de Valencia (Spain), Levante (Spain), Oikos Tree Crops (United States), Nordic Chufa (Denmark) and The Chufa Original Company (Spain) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Chufa market by Type (Micro, Small and Large Micro), Application (Nuts Milk, Nuts Flour and Nuts Oil) and Region.
On the basis of geography, the market of Chufa 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 Nature, the sub-segment i.e. Organic will boost the Chufa market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Alimentary will boost the Chufa market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumption of Chufa in the African Countries
Market Growth Drivers:
Increasing Animal Feed Industry and Growing Application of Chufa in Corn Germ Oil
Challenges:
Stringent Regulatory Standards on the Chufa Regarding the Imports Exports and Packing Labelling
Restraints:
Side Effects Associated with the Consumption Chufa
Opportunities:
Availability of Chufa Online in Various Sizes and Packaging and Surging Demand for Chufa in the Pharmaceutical Industry
"Unlawful to hunt or take a wild turkey by means of bait or on or over any baited area (SC 50-11-510). Bait means placing, depositing, exposing, distributing, or scattering of salt, corn, wheat, or other grain, or foodstuffs to constitute a lure or attraction for wild turkeys. An area remains a baited area for ten days following the complete removal of all bait. NOTE: The following activities can result in a baited area if done prior to or during turkey season: planting, discing or manipulating chufa to expose the tubers; mowing or manipulating standing grain crops where grain is scattered or exposed; top sowing of any grains; bait or feed intended for other species."
Key Target Audience
Chufa Producers, Chufa International Traders, Chufa Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.