Tiger nuts milk market to reach valuation of US$ 993.3 mn by 2030: TRANSPARENCY MARKET RESEARCH

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Revenue generated from the tiger nuts milk market was valued at US$ 455.3 Mn in 2020, which is estimated to rise at a CAGR of 8.1%, to reach US$ 993.3 Mn by 2030.

Tiger Nuts Milk Market: Introduction

Revenue generated from the tiger nuts milk market was valued at US$ 455.3 Mn in 2020, which is estimated to rise at a CAGR of 8.1%, to reach US$ 993.3 Mn by 2030.

Tiger Nuts Milk Positioned as Allergen-free Alternative

Tiger nut ingredients offer a variety of options for consumers that suffer from allergies to gluten, dairy, and nuts. Tiger nuts are tubers and do not possess any characteristics of nuts. Thus, they can be eaten by consumers suffering from nut allergies. Tiger nut milk serves as a good dairy alternative having a semi-sweet flavor that can be added to regular food products. For patients suffering from celiac disease, a strict gluten-free diet is the only way to stay healthy and tiger nuts milk offer that with added health benefits, serving as the optimum solution.

  • Levantex offers different types of tiger nuts derivatives such as tiger nut flour, milk, and oil that can be used in allergen-free food products

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Appealing Versatility of Tiger Nuts Milk in Beverages Industry

Tiger nut milk is a traditional drink consumed in Spain for its health benefits and semi-sweet taste. It is generally recommended for children, who demand energy and nutrients. Tiger nuts milk is sweet in flavor and serves as a healthy drink that can be added to the daily diet. It has a natural content of calcium, iron, magnesium, and phosphorus, and covers the demand for minerals and vitamins that are essential for healthy development. Tiger nuts are also used for making smoothies and other non-dairy beverages. Tiger nuts milk naturally has high amounts of nutrients when compared to other beverages of plant origin, thus providing consumers with an option for healthy plant-based beverages.

  • Fontaine De Vie, a Nigerian company, offers tiger nut milk in attractive packaging that serves as ready-to-drink product

Health-consciousness among Consumers Leading to High Demand for Healthy Products

Health consciousness among consumers in developed countries has increased with rising awareness and prevalence of health issues. The fast-paced urban environment and lack of time to prepare and consume healthy food products are some of the reasons contributing to the rise in health consciousness. These consumers are concerned with nutritional and health benefits associated with the products they purchase and consume on a daily basis. This trend of health-conscious consumers is taking a new form and has given rise to a demand for healthy food products that are easy to make or can be consumed directly. The consumption of tiger nuts helps reduce cholesterol levels and boosts immunity. This has made them popular among health-conscious consumers.

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Tiger Nuts Milk Market Segmentation

Tiger Nuts Milk Market, by Nature

  • Organic
  • Conventional

Tiger Nuts Milk Market, by End Use

  • Food Industry
  • Foodservice Industry
  • Retail/Household

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Tiger Nuts Milk Market, by Distribution Channel

  • Business-to-Business
  • Business-to-Consumer
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Online Retail

Tiger Nuts Milk Market, by Region/Country

  • Global
  • Unites States
  • Europe
  • United Arab Emirates
  • Rest of the World

TMR has followed the C19-TREND approach for conducting a comprehensive analysis on the trends and changes in the food and beverage sector due to the COVID-19 outbreak. Each factor is analyzed with scrutiny. These points have been compiled in the report and will assure great assistance to the stakeholders and CXOs in developing sound business strategies.

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