NEW YORK, March 17, 2023 /PRNewswire/ -- The global fox nuts market size is estimated to grow by USD 59.09 million from 2022 to 2027, according to Technavio. The market is expected to grow at a CAGR of 8.21% during the forecast period. Moreover, the growth momentum will accelerate. The increase in the global vegan population is driving the market growth. Awareness about the health benefits of a vegan diet is increasing. A vegan diet provides a high amount of fiber, antioxidants, and beneficial plant compounds. It helps lose excess weight, improves kidney function, lowers blood sugar levels, and reduces the risk of heart disease. As a result, many consumers prefer plant-based diets over animal-based diets. The side effects of fox nuts are challenging market growth. Some people may be allergic to fox nuts. Gastrointestinal issues and an increase in insulin levels are some of the side effects of consuming an excessive amount of fox nuts. Moreover, pregnant women and diabetic people should consult their doctor before adding fox nuts to their regular diets. Such factors are expected to hinder the growth of the market during the forecast period. For more insights on the historic data (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report

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• Global competitiveness and key competitor positions

• Market presence across multiple geographical footprints - Strong/active/niche/trivial  - Buy the report!

Fox nuts market - Segmentation assessment
Segment overview
Technavio has segmented the market based on distribution channel (offline and online) and product (inorganic and organic).

• The offline segment will account for a significant share of the market growth during the forecast period. Hypermarkets and supermarkets are two of the major offline distribution channels, where consumers can choose from a wide range of products. Many consumers prefer grocery and convenience stores owing to their close proximity. Therefore, the ease of availability of products and accessibility to outlets with a wide range of products are estimated to drive the growth of this segment during the forecast period.

Geography Overview
Based on geography, the global fox nuts market is segmented into APAC, EMEA, and Americas. The report provides actionable insights and estimates the contribution of all regions to the growth of the global fox nuts market.

• APAC is estimated to account for 86% of the growth of the global market during the forecast period. Fox nuts are often cultivated in perennially stagnant water bodies, such as swamps, ponds, ditches, and land depressions in countries such as India. The growth of the regional market is attributed to factors such as the increasing demand for various fox nuts products from health-conscious consumers.

Insights on the market contribution of various segments, including country- and region-
wise historic data (2017 to 2021) and forecast market size (2023 to 2027) - Download a
sample report

Fox nuts market – Vendor analysis

This report includes a detailed analysis of key vendors, including Caryopses Pvt. Ltd., Delci International LLP, Evolve Snacks, Guiltfree Industries Ltd., Harry Food Processing, Indian Foxnut, Indulge Foods P Ltd., Madhubani Makhana Pvt. Ltd., Mahaveer Udhyog, Makhana Amrit Mantra Pte. Ltd., Makhanawala Natura Foods Pvt. Ltd., Manju Makhana Enterprises, Maruti Makhana, Mixbox, MS Appkin, Rays Culinary Delights Pvt. Ltd., Rishabh Global Industries Pvt. Ltd., Shakti Sudha Agro Ventures Pvt. Ltd., Sunorganic Industries Pvt. Ltd., and Vaaya Foods.

Fox nuts market – Leading trends influencing the market 

• The increasing demand for fox nuts among various end-users is a leading trend in the market.

• Fox nuts are used in a wide variety of culinary products, including flavored beverages, snacks, breakfast cereals, bakery and confectionery items, and dairy products.

• They are non-greasy, nutritious, and healthy and thus are included in various meals.

• Consumption of premium nut-based snack items is also increasing, encouraging vendors to make new products.

• Therefore, the rising demand for fox nuts across various end-users would drive the worldwide market during the projected period.

Insights on trends, historic period (2017 to 2021), and forecast period (2023 to 2027) - 
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What are the key data covered in this fox nuts market report?

• CAGR of the market during the forecast period

• Detailed information on factors that will drive the growth of the fox nuts market between 2023 and 2027

• Precise estimation of the size of the fox nuts market and its contribution to the parent market

• Accurate predictions about upcoming trends and changes in consumer behavior

• Growth of the fox nuts market across APAC, EMEA, and Americas

• A thorough analysis of the market's competitive landscape and detailed information about vendors

• Comprehensive analysis of factors that will challenge the growth of fox nuts market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview

2 Market Landscape

• 2.1 Market ecosystem

3 Market Sizing

• 3.1 Market definition

• 3.2 Market segment analysis

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

• 4.1 Global fox nuts market 2017 - 2021

• 4.2 Distribution Channel Segment Analysis 2017 - 2021

• 4.3 Product Segment Analysis 2017 - 2021

• 4.4 Geography Segment Analysis 2017 - 2021

• 4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

• 5.1 Five forces summary

• 5.2 Bargaining power of buyers

• 5.3 Bargaining power of suppliers

• 5.4 Threat of new entrants

• 5.5 Threat of substitutes

• 5.6 Threat of rivalry

• 5.7 Market condition

6 Market Segmentation by Distribution Channel

• 6.1 Market segments

• 6.2 Comparison by Distribution Channel

• 6.3 Offline - Market size and forecast 2022-2027

• 6.4 Online - Market size and forecast 2022-2027

• 6.5 Market opportunity by Distribution Channel

7 Market Segmentation by Product

• 7.1 Market segments

• 7.2 Comparison by Product

• 7.3 Inorganic - Market size and forecast 2022-2027

• 7.4 Organic - Market size and forecast 2022-2027

• 7.5 Market opportunity by Product

8 Customer Landscape

• 8.1 Customer landscape overview

9 Geographic Landscape

• 9.1 Geographic segmentation

• 9.2 Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027

• 9.4 EMEA - Market size and forecast 2022-2027

• 9.5 Americas - Market size and forecast 2022-2027

• 9.6 India - Market size and forecast 2022-2027

• 9.7 China - Market size and forecast 2022-2027

• 9.8 Japan - Market size and forecast 2022-2027

• 9.9 US - Market size and forecast 2022-2027

• 9.10 Thailand - Market size and forecast 2022-2027

• 9.11 Market opportunity by geography

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape

• 11.3 Landscape disruption

• 11.4 Industry risks

12 Vendor Analysis

• 12.1 Vendors covered

• 12.2 Market positioning of vendors

• 12.3 Caryopses Pvt. Ltd.

• 12.4 Guiltfree Industries Ltd.

• 12.5 Harry Food Processing

• 12.6 Indian Foxnut

• 12.7 Indulge Foods P Ltd.

• 12.8 Madhubani Makhana Pvt. Ltd.

• 12.9 Mahaveer Udhyog

• 12.10 Makhana Amrit Mantra Pte. Ltd.

• 12.11 Makhanawala Natura Foods Pvt. Ltd.

• 12.12 Manju Makhana Enterprises

• 12.13 Maruti Makhana

• 12.14 MS Appkin

• 12.15 Rays Culinary Delights Pvt. Ltd.

• 12.16 Rishabh Global Industries Pvt. Ltd.

• 12.17 Shakti Sudha Agro Ventures Pvt. Ltd.

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist

• 13.3 Currency conversion rates for US$

• 13.4 Research methodology

• 13.5 List of abbreviations

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