Fox Nuts Market Scope
Fox nuts also called or lotus seeds or Makhanas, come from a plant called Euryale Fox which grows in the stagnant water of wetlands or ponds in Eastern Asia. They have been used in Chinese medicine since 3000 years and find an important place in the science of Ayurveda too. Fox nuts contain low cholesterol, fat, and sodium, thereby, recommended for those who have suffered from cholesterol, heart disease, and diabetics. They are low in calories, making them an ideal snack for weight loss as well.
According to AMA, the Canada Fox Nuts market is expected to see growth rate of 8.5%The fox nut market is poised for significant growth in the coming years. The increasing demand for healthy and convenient snacks, coupled with product innovation and expansion into new markets, will provide ample opportunities for players in this space.
Barin Global Inc. (Canada), K.K. Products (India), Manju Makhana (India), Sattviko (India), Maruti Makhana (India) and Shakti Shudha (India) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Canada Fox Nuts market by Type (Organic and Inorganic), by Application (Direct Human Consumption and Industrial Use) and Region with country level break-up.
On the basis of geography, the market of Fox Nuts 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).
Influencing Trend:
An Increasing Popularity of Fox Nuts among the Children’s and Adults
Market Growth Drivers:
The Rising Prevalence of Chronic Diseases across the Canada, The Growing Disposable Income of an Individual, Numerous Health Benefits Associated with its Consumption and The Upsurging Health Awareness among the People
Restraints:
Lack of Awareness among some of the Target Audience
Opportunities:
Increasing Online Sales Channels Expected to Open New Avenues for the Market
Market Leaders and their Expansionary Development Strategies
In September 2023, Fox Nuts opened a new manufacturing facility in India, expanding its production capacity.
In December 2023, Fox Nuts launched a new line of protein-packed nut mixes, targeting health-conscious consumers.
Key Target Audience
Fox Nuts Growers/Producers, Fox Nuts Processing Companies, Fox Nuts Traders/Distributors, Fox Nuts Importer/Exporter, Regulatory & Government Bodies, End Users and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.