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Global Chufa Market: By Size: Micro, Small, Others; By Type: Organic, Conventional; By Product: Milk, Flour, Oil, Skinned, Peeled, and Dried Tiger Nuts, Others; By End Use; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments
Global Chufa Market Outlook
The global chufa market is expected to grow at a CAGR of 6% in the forecast period of 2022-2027.
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Europe and the Middle East and Africa Aiding the Market Growth for Chufa
The global chufa market is significantly being driven by the growth in Europe and the Middle East and Africa. The growth of the market in the regions is being spurred as the product is readily available for use. The product is widely used for the production of horchata, a kind of vegetable milk. Both the regions are witnessing a robust growth in both production and consumption due to their tropical weather as well as the rising awareness about the health benefits among consumers. Chufa based products are widely used among the population, especially in countries like Spain and Ghana, which is further propelling the market forward.
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Chufa: Industry Definition and Segmentation
Chufa is a perennial plant of the rush family and is grown on moist and wet soils in warm climates. The small, round tubers with roots have a slight almond taste and are raw or cooked or transformed into a traditional chufa drink known as horchata. The plant tubers contain high protein, carbohydrate, and oleic acid levels and a non-drying oil. The oil is obtained in the same way as conventional olive oil extractions by pressing the cleaned tubers. The taste of the oil is gentle and is thought to be comparable to olive oil as a food oil, but of superior quality.
Based on size, the industry can be divided into the following:
- Micro
- Small
- Others
The types of chufa can be divided into organic and conventional.
The products of chufa included in the market are:
- Tiger Nuts Milk
- Tiger Nuts Flour
- Tiger Nuts Oil
- Skinned Tiger Nuts
- Peeled Tiger Nuts
- Dried Tiger Nuts
- Others
Chufa finds its end-use in the following industries:
- Alimentary
- Pharmaceutical
- Others
The regional markets for chufa can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Awareness of the Health Benefits of Chufa Bolstering the Market Growth
The market is being driven by the rising awareness about the health benefits of chufa among the consumers. The product is extremely nutritious as the tubers provide a high amount of carbohydrate, protein, as well as oleic acid. It is also known to provide a non-drying oil, which is widely used in lubricants and in cosmetics products. In China, the product is widely used as a liver tonic to cure mouth ulcers. Chufa finds wide applications in the pharmaceuticals sectors as it is also used in various cancer-curing medicines, especially in Africa. Such factors are expected to support the growth of the market in the coming years. The market is also being supported by the rising R&D activities in the industry globally.
Key Industry Players in the Global Chufa Market
The report gives a detailed analysis of the following key players in the global chufa market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- The Chufa Co.
- The Tiger Nut Company
- Chufa De Valencia
- KCB International
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Size, Type, Product, End Use, Region |
| Breakup by Size | Micro, Small, Others |
| Breakup by Type | Organic, Conventional |
| Breakup by Product | Tiger Nuts Milk, Tiger Nuts Flour, Tiger Nuts Oil, Skinned Tiger Nuts, Peeled Tiger Nuts, Dried Tiger Nuts, Others |
| Breakup by End Use | Alimentary, Pharmaceutical, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | The Chufa Co., The Tiger Nut Company, Chufa De Valencia, KCB International, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Chufa Market Analysis
8.1 Key Industry Highlights
8.2 Global Chufa Historical Market (2017-2021)
8.3 Global Chufa Market Forecast (2022-2027)
8.4 Global Chufa Market by Size
8.4.1 Micro
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Small
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Others
8.5 Global Chufa Market by Type
8.5.1 Organic
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Conventional
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.6 Global Chufa Market by Product
8.6.1 Tiger Nuts Milk
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Tiger Nuts Flour
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Tiger Nuts Oil
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Skinned Tiger Nuts
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
8.6.5 Peeled Tiger Nuts
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2017-2021)
8.6.5.3 Forecast Trend (2022-2027)
8.6.6 Dried Tiger Nuts
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2017-2021)
8.6.6.3 Forecast Trend (2022-2027)
8.6.7 Others
8.7 Global Chufa Market by End Use
8.7.1 Alimentary
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Pharmaceutical
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Others
8.8 Global Chufa Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.2 Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.3 Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.4 Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.5 Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 The Chufa Co.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 The Tiger Nut Company
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Chufa De Valencia
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 KCB International
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Others
14 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Figures and Tables
1. Global Chufa Market: Key Industry Highlights, 2016 and 2026
2. Global Chufa Historical Market: Breakup by Size (USD Billion), 2017-2021
3. Global Chufa Market Forecast: Breakup by Size (USD Billion), 2022-2027
4. Global Chufa Historical Market: Breakup by Source (USD Billion), 2017-2021
5. Global Chufa Market Forecast: Breakup by Source (USD Billion), 2022-2027
6. Global Chufa Historical Market: Breakup by Product (USD Billion), 2017-2021
7. Global Chufa Market Forecast: Breakup by Product (USD Billion), 2022-2027
8. Global Chufa Historical Market: Breakup by End Use (USD Billion), 2017-2021
9. Global Chufa Market Forecast: Breakup by End Use (USD Billion), 2022-2027
10. Global Chufa Historical Market: Breakup by Region (USD Billion), 2017-2021
11. Global Chufa Market Forecast: Breakup by Region (USD Billion), 2022-2027
12. North America Chufa Historical Market: Breakup by Country (USD Billion), 2017-2021
13. North America Chufa Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Europe Chufa Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Europe Chufa Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Asia Pacific Chufa Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Asia Pacific Chufa Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Latin America Chufa Historical Market: Breakup by Country (USD Billion), 2017-2021
19. Latin America Chufa Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. Middle East and Africa Chufa Historical Market: Breakup by Country (USD Billion), 2017-2021
21. Middle East and Africa Chufa Market Forecast: Breakup by Country (USD Billion), 2022-2027
22. North America Historical Price Trends and Forecast 2017-2027
23. Europe Historical Price Trends and Forecast 2017-2027
24. Asia Pacific Historical Price Trends and Forecast 2017-2027
25. Latin America Historical Price Trends and Forecast 2017-2027
26. Middle East and Africa Historical Price Trends and Forecast 2017-2027
27. Global Chufa Market Structure
Key Questions Answered in the Report
The global chufa market is projected to grow at a CAGR of 6% between 2021 and 2026.
The major drivers of the industry, such as rising disposable incomes, increasing population, healthy growth in both production and consumption, increasing health awareness, and rising demand from the cosmetics and pharmaceutical industries, are expected to aid the market growth.
The key market trend guiding the growth of the market includes the growing R&D activities.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading sizes of chufa in the market are micro and small, among others.
The major types of chufa in the industry are organic and conventional.
The significant products of chufa are tiger nuts milk, tiger nuts flour, tiger nuts oil, skinned tiger nuts, peeled tiger nuts, and dried tiger nuts, among others.
The leading end-use sectors in the market are alimentary and pharmaceutical, among others.
The major players in the industry are The Chufa Co., The Tiger Nut Company, Chufa De Valencia, and KCB International, among others.
Analyst Review
The global chufa market is being driven by the rising health consciousness. Aided by the growing R&D activities, the market is expected to witness a healthy growth in the forecast period of 2022-2027, growing at a CAGR of 6%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By size, the market is segmented into micro and small, among others. Based on type, the industry is divided into organic and conventional. By product, the industry is categorised into tiger nuts milk, tiger nuts flour, tiger nuts oil, skinned tiger nuts, peeled tiger nuts, and dried tiger nuts, among others. The major end-uses of chufa are alimentary and pharmaceutical, among others. The major regional markets for chufa are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include The Chufa Co., The Tiger Nut Company, Chufa De Valencia, and KCB International, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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