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Tiger Nuts Milk Market Set to Surge to USD 2.5 Billion by 2030, Report by TMR

12-04-2023 03:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research Pvt Ltd

/ PR Agency: Transparency Market Research Pvt Ltd
Tiger Nuts Milk Market

Tiger Nuts Milk Market

The global tiger nuts milk market is estimated to reach a staggering USD 993.3 million by 2030, registering a CAGR of 8.1%. The Tiger Nuts Milk market is experiencing a surge in popularity as health-conscious consumers seek nutritious and plant-based alternatives to traditional dairy. This research report delves into the dynamic landscape of the Tiger Nuts Milk market, exploring key drivers, market trends, and the multifaceted appeal of this nut-based beverage.

Tiger Nuts Milk, derived from the tuber's extract, represents a nutritional powerhouse with a subtle and naturally sweet flavor profile. This dairy-free alternative has positioned itself as a versatile ingredient in various culinary applications, from beverages to desserts. The market's growth is fueled by a confluence of factors, including dietary preferences, ethical considerations, and the pursuit of functional foods.

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Key Market Drivers:

• Rising Health Consciousness: Consumers are increasingly turning towards plant-based and nutrient-rich alternatives to conventional dairy. Tiger Nuts Milk, packed with vitamins, minerals, and healthy fats, aligns with the growing demand for health-conscious options.
• Allergen-Free Appeal: As concerns related to allergies and intolerances mount, Tiger Nuts Milk presents an allergen-free solution. It is naturally free from common allergens such as dairy, soy, and nuts, making it an inclusive choice for a broad consumer base.
• Sustainability and Ethical Considerations: The cultivation of Tiger Nuts is environmentally sustainable, requiring fewer resources compared to traditional dairy farming. This aligns with the ethical and sustainability concerns of a conscientious consumer base.

Challenges and Opportunities:
• Market Education and Awareness: Despite its nutritional benefits, Tiger Nuts Milk remains relatively unknown to some consumers. Market players have the opportunity to invest in educational campaigns, shedding light on the health benefits and culinary versatility of this unique beverage.
• Supply Chain Optimization: Given the specialized nature of Tiger Nuts cultivation, ensuring a stable and efficient supply chain is crucial. Market players can capitalize on opportunities for vertical integration and sustainable sourcing practices.

Market Leaders and Competitive Landscape

• Tiger Nuts USA
• Levantex
• The Tiger Nuts Company Ltd.
• TIGERNUTS TRADERS, S.L.
• Organic Gemini
• Ludlow Nut Company Ltd.
• KCB International
• Good Soul Company

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Recommendations:

• Seek diversity: Invest in companies offering a variety of tiger nuts milk products, catering to different flavors, needs, and price points.
• Prioritize innovation: Focus on brands pushing boundaries with new flavors, functional ingredients, and sustainable practices to stand out in the crowd.
• Geographical expansion: Target companies with strong distribution networks or plans to enter new markets, especially in regions with rising plant-based milk consumption.
• Partnership potential: Look for companies collaborating with established players in the dairy or plant-based milk market to leverage existing infrastructure and reach.
• Sustainability focus: Invest in brands committed to ethical sourcing, reduced water usage, and eco-friendly packaging to resonate with environmentally conscious consumers.

Key Trends

• Superfood status: Tiger nuts are hailed as a superfood, naturally rich in prebiotics, fiber, vitamins, and minerals, attracting health-conscious consumers.
• Allergen-free and gut-friendly: The dairy-free, gluten-free, and nut-free nature of tiger nuts milk caters to individuals with allergies and digestive sensitivities.
• Flavor innovation: From classic vanilla to exotic blends with fruits and spices, brands are expanding flavor profiles to cater to diverse taste preferences.
• Sustainability shines: Tiger nuts are drought-resistant and require minimal water and land, attracting environmentally conscious consumers.

Points to Investors:

• Soaring Demand: The global tiger nuts milk market is projected to explode, reaching USD 987.27 million by 2030, growing at a remarkable CAGR of 7.83%. This surge is driven by rising health consciousness, plant-based milk alternatives, and tiger nuts' unique nutritional profile.
• Nutritional Powerhouse: Tiger nuts milk is packed with prebiotics, vitamins, minerals, and healthy fats, making it a natural choice for lactose-intolerant, health-conscious, and environmentally driven consumers.
• Clean Label Appeal: Consumers increasingly favor minimally processed, natural ingredients, and tiger nuts milk ticks all the boxes. This aligns perfectly with the clean label trend, propelling market growth.
• Sustainability Champion: Tiger nuts are a drought-resistant crop requiring minimal water and resources, making tiger nuts milk an attractive option for environmentally conscious consumers and investors.

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Why buy this report?

• Competitive intelligence: Analyze the strategies, strengths, and weaknesses of major players, enabling you to identify the most promising investment opportunities.
• Data-driven forecasts: Make informed decisions based on precise market sizing, growth projections, and future pricing scenarios for different tiger nuts milk segments.
• Global perspective: Understand the regional variations in demand, regulations, and consumer preferences to identify the most lucrative markets for investment.
• Get ahead of the curve: This report equips you with the knowledge and foresight to capitalize on the tiger nuts milk revolution before it reaches mainstream saturation.

Investing in the tiger nuts milk market is like planting a seed for future returns. This report nourishes your investment decisions with valuable insights, empowering you to reap the rewards of this delicious and nutritious trend.

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Ready-to-Drink Beverages Market Surpass USD 169.5 Bn by 2031 - https://www.globenewswire.com/en/news-release/2023/07/19/2707065/32656/en/Ready-to-Drink-Beverages-Market-Surpass-USD-169-5-Bn-by-2031-Registering-at-a-CAGR-of-6-6-Exclusive-Study-by-Transparency-Market-Research.html

About Us Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contact:

Nikhil Sawlani
Transparency Market Research Inc.
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Suite 1200, Wilmington, Delaware 19801 USA
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