Global Fox Nuts Market 2019-2023
|発行||TechNavio (Infiniti Research Ltd.)||商品コード||778288|
|出版日||ページ情報||英文 98 Pages
New product launches to drive market growth. One of the positive trends that influence the growth of the global fox nuts market is the increasing number of new products launches by players. Successful new product launches will help increase the revenue flow and the market share of players. Also, new product launches will help in keeping the interest of consumers alive in the market. Technavio's analysts have predicted that the fox nuts market will register a CAGR of nearly 7% by 2023.
Fox nuts are being projected as a healthy alternative to popcorn. and the popularity of fox nuts such as popped fox nuts is increasing among young consumers in countries such as India and the UK. As consumers are actively opting for healthy food products that have low fat and calorie content, the popularity of healthy snacks is increasing.
Natural calamities like drought, floods, storms such as cyclones and hurricanes, earthquakes, and volcanic eruptions can damage crops and plants, which will hamper the growth of global fox nuts products. Fox nuts are basically lotus seeds extracted from lotus plants grown in India and other APAC countries. Floods, earthquakes, and severe weather conditions accounted for majority of the total economic losses. The cultivation of plants can also be affected by diseases among plants The.
For the detailed list of factors that will drive and challenge the growth of the fox nuts market during the 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including Sattviko and Shakti Shudha the competitive environment is quite intense. Factors such as the new product launches and the increasing popularity of fox seeds as a healthy snack, will provide considerable growth opportunities to fox nuts manufactures. K.K. Products, Manju Makhana, Maruti Makhana, Sattviko, and Shakti Shudha are some of the major companies covered in this report.