The global chufa market size is projected to reach USD 5.7 billion by 2028. Global demand for chufa is largely driven by its alimentary industry application in the form of seeds and nuts. In addition, increasing consumption across different regions has been one of the major factors driving growth over the past few years.
Chufa is a water plant that grows in temperate climates like North America and Europe. Chufas contain about three times the amount of fiber as other nuts, making them an excellent option for people who need to add more dietary fiber to their diet. On the basis of type, chufa is segmented into micro, small and large micro.
Micro chufa is a small plant that grows under the earth. Micro chufas have lower glycemic index values than most other nuts, making them good options for diabetics or those who want to control their weight gain without giving up tasty food options. This makes them ideal in different types of dishes like salads, desserts, and baked goods, where they can provide fiber without affecting taste negatively.
Small chufa is a plant that grows on the earth. It has higher glycemic index values than most other nuts, making them a good option for diabetics or those who want to control their weight gain without giving up tasty food options. This makes them ideal in different types of dishes like salads, desserts, and baked goods, where they can provide fiber without affecting taste negatively.
Large micro chufa is a plant that grows under the earth. Large micro-chufas are best consumed as whole nuts because they have higher glycemic index values than most other nuts making them good for diabetics or those who want to control their weight gain without giving up tasty food options. This makes them ideal in different types of dishes like salads, desserts, and baked goods, where they can provide fiber without affecting taste negatively.
On the basis of application, chufa is segmented into the alimentary industry and pharmaceutical.
Chufa is a common ingredient in alimentary industries. The plant has various applications in the food industry such as chufas do not have much flavor of their own and can be used to imitate other ingredients, such as almonds or coconut flakes for example. Chufa is often cultivated on small farms near coasts due to nitrogen-rich soil that also helps reduce coastal flooding. Chufa is widely used in the alimentary industry due to its nutritional value too, for example, it can be consumed as a substitute for butter or oil on bread, pastries, muffins, etc., in addition to being the main ingredient in popular food dishes such as hummus.
In the pharmaceutical industry, chufa is used in moisturizers and anti-acne creams for its soothing effects. It can also be combined with other ingredients such as honey to create a skincare cream that soothes inflamed or irritated skin. The chufa has been used for centuries as a food source, but it is also believed to have medicinal properties. One of the most notable being its ability to lower blood pressure. The Chufa nut contains carbohydrates, proteins, fats (including omega-fatty acids), minerals such as calcium, magnesium potassium, and phosphorus; vitamins A B C D E F K & carotenoids which help prevent cancer among many health benefits.
On the basis of region, the global chufa market is segmented into five key regions namely North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. The largest region for chufa is North America followed by Europe and then Asia-Pacific. Latin America is forecasted to be the fastest-growing market due to a rise in demand for chufas as well as its medicinal properties which are used for skincare products like moisturizers or anti-acne creams.
The major driving factors for this market include heavy investments in chufa production, rise in demand from pharmaceutical and alimentary industries, strengthening of regulations on food safety standards, and increasing awareness among consumers about the negative impact of artificial sweeteners as sucralose. On the other hand, owing lack of knowledge or skillsets pertaining to harvesting techniques for cultivating chufas might hinder growth prospects during the forecast period.
Up Market Research published a new report titled “Chufa Market research report which is segmented by Types (Micro, Small, Large Micro), By Applications (Alimentary Industry, Pharmaceutical Industry), By Players/Companies KCB International, The Chufa, The Tiger Nut, Chufa De Valencia, Levantex”.
Report Attributes | Report Details |
Report Title | Chufa Market Research Report |
By Type | Micro, Small, Large Micro |
By Application | Alimentary Industry, Pharmaceutical Industry |
By Companies | KCB International, The Chufa, The Tiger Nut, Chufa De Valencia, Levantex |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 247 |
Number of Tables & Figures | 173 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Micro, Small, Large Micro and By Application Alimentary Industry, Pharmaceutical Industry.
Some of the companies that are profiled in this report are:
Chufa Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Chufa Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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