Press release
ox Nuts (Makhana) - Global Market Insights and Sales Trends 2024
The global Fox Nuts (Makhana) market size is expected to reach US$ 192.6 million by 2029, growing at a CAGR of 8.2% from 2023 to 2029.
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Fox nuts are lotus flower's seed. It is grown in water and is largely found in India and known as 'Makhana' here. Also found in Korea, Japan and Russia and known as 'Gorgon Nut' there. It is also known as Euryale Ferox. This is an Asian water plant and is mainly cultivated for its edible seeds which look like popcorn.
The market is mainly driven by the significant applications of Fox Nuts (Makhana) in various end use industries. The expanding demands from the Culinary and Traditional Medicine, are propelling Fox Nuts (Makhana) market. Ordinary, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Organic segment is estimated at % CAGR for the next seven-year period.
Fox nuts (Makhana) are derived from the Eastern Asian plant known as Euryale Fox. This is a nutritious snack that aids inweight loss and offers several other advantages as well, including maintaining blood pressure, lowering the risk ofkidney problems, being high in calcium and iron, and being beneficial for women during pregnancy. Market growth is attributable to both the introduction of numerous new products and the rising demand for foxnuts among health-conscious consumers. The market will also grow over the coming years due to the rising acceptance of fox nuts across all age groups, shifting lifestyles, and novel forms of snack products available in the market.
By Type
• Ordinary
• Organic
By Application
• Culinary
• Traditional Medicine
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