Reports

Global Chufa Market to Grow at a CAGR of 6% During 2021-2026, Aided by the Health Benefits of the Product

Chufa Market

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 (2018-2028); 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 2023-2028.

 

Chufa Market

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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.

 

Chufa Market by End Use

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Chufa: Market 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.

 

Chufa Market by Region

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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 market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
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, 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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Chufa Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Chufa Historical Market (2018-2022) 
    8.3    Global Chufa Market Forecast (2023-2028)
    8.4    Global Chufa Market by Size
        8.4.1    Micro
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Small
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    Others
    8.5    Global Chufa Market by Type
        8.5.1    Organic
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Conventional
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
    8.6    Global Chufa Market by Product
        8.6.1    Tiger Nuts Milk
            8.6.1.1    Historical Trend (2018-2022)
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Tiger Nuts Flour
            8.6.2.1    Historical Trend (2018-2022)
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Tiger Nuts Oil
            8.6.3.1    Historical Trend (2018-2022)
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Skinned Tiger Nuts
            8.6.4.1    Historical Trend (2018-2022)
            8.6.4.2    Forecast Trend (2023-2028)
        8.6.5    Peeled Tiger Nuts
            8.6.5.1    Historical Trend (2018-2022)
            8.6.5.2    Forecast Trend (2023-2028)
        8.6.6    Dried Tiger Nuts
            8.6.6.1    Historical Trend (2018-2022)
            8.6.6.2    Forecast Trend (2023-2028)
        8.6.7    Others
    8.7    Global Chufa Market by End Use
        8.7.1    Alimentary
            8.7.1.1    Historical Trend (2018-2022)
            8.7.1.2    Forecast Trend (2023-2028)
        8.7.2    Pharmaceutical
            8.7.2.1    Historical Trend (2018-2022)
            8.7.2.2    Forecast Trend (2023-2028)
        8.7.3    Others
    8.8    Global Chufa Market by Region       
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2022) 
            8.8.1.2    Forecast Trend (2023-2028)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2022) 
            8.8.2.2    Forecast Trend (2023-2028)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2022) 
            8.8.3.2    Forecast Trend (2023-2028)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2022) 
            8.8.4.2    Forecast Trend (2023-2028)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2022) 
            8.8.5.2    Forecast Trend (2023-2028)
9    North America Chufa Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Chufa Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Chufa Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Chufa Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Chufa Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
    16.1    North America Historical Price Trends (2018-2022) & Forecast (2023-2028)
    16.2    Europe Historical Price Trends (2018-2022) & Forecast (2023-2028)
    16.3    Asia Pacific Historical Price Trends (2018-2022) & Forecast (2023-2028)
    16.4    Latin America Historical Price Trends (2018-2022) & Forecast (2023-2028)
    16.5    Middle East & Africa Historical Price Trends (2018-2022) & Forecast (2023-2028)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    The Chufa Co.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    The Tiger Nut Company
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Chufa De Valencia
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    KCB International
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Others
18    Key Trends and Developments in the Market

 

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 Key Figures and Tables

1.    Global Chufa Market: Key Industry Highlights, 2018 and 2028
2.    Global Chufa Historical Market: Breakup by Size (USD Billion), 2018-2022
3.    Global Chufa Market Forecast: Breakup by Size (USD Billion), 2023-2028
4.    Global Chufa Historical Market: Breakup by Source (USD Billion), 2018-2022
5.    Global Chufa Market Forecast: Breakup by Source (USD Billion), 2023-2028
6.    Global Chufa Historical Market: Breakup by Product (USD Billion), 2018-2022
7.    Global Chufa Market Forecast: Breakup by Product (USD Billion), 2023-2028
8.    Global Chufa Historical Market: Breakup by End Use (USD Billion), 2018-2022
9.    Global Chufa Market Forecast: Breakup by End Use (USD Billion), 2023-2028
10.    Global Chufa Historical Market: Breakup by Region (USD Billion), 2018-2022
11.    Global Chufa Market Forecast: Breakup by Region (USD Billion), 2023-2028
12.    North America Chufa Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    North America Chufa Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Europe Chufa Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Europe Chufa Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Asia Pacific Chufa Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Asia Pacific Chufa Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Latin America Chufa Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Latin America Chufa Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Middle East and Africa Chufa Historical Market: Breakup by Country (USD Billion), 2018-2022
21.    Middle East and Africa Chufa Market Forecast: Breakup by Country (USD Billion), 2023-2028
22.    North America Historical Price Trends and Forecast 2018-2028
23.    Europe Historical Price Trends and Forecast 2018-2028
24.    Asia Pacific Historical Price Trends and Forecast 2018-2028
25.    Latin America Historical Price Trends and Forecast 2018-2028
26.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
27.    Global Chufa Market Structure

Key Questions Answered in the Report

What is the growth rate of the global chufa market?

The global chufa market is projected to grow at a CAGR of 6% between 2023 and 2028.

What are the major industry drivers?

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.

What are the key industry trends of the global seatbelt retractor market?

The key market trend guiding the growth of the market includes the growing R&D activities.

What are the major regional markets of chufa, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the leading sizes of chufa in the market?

The leading sizes of chufa in the market are micro and small, among others.

What are the major types of chufa in the industry?

The major types of chufa in the industry are organic and conventional.

What are the significant products of chufa?

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.

What are the leading end-use sectors in the market?

The leading end-use sectors in the market are alimentary and pharmaceutical, among others.

Who are the key industry players, according to the report?

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 2023-2028, 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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