PUBLISHER: Allied Market Research | PRODUCT CODE: 1139885
PUBLISHER: Allied Market Research | PRODUCT CODE: 1139885
Fox nut, also known as gorgon nut or lotus seed, exhibits a variety of health benefits, including regulating blood pressure, lowering fat content, minimizing chronic inflammation, and regulating blood pressure. It further aids in the removal of toxins from the body and reduction of stress.
The global market is segmented into type, nature, application, distribution channel, and region. On the basis of type, the market is classified into raw and processed. By nature, it is bifurcated into organic and conventional. Depending on application, it is segregated human consumption and industrial. As per distribution channel, it is categorized into supermarkets & hypermarkets, specialty stores, online sales channel, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Italy, Spain, Russia, Turkey, and the rest of Europe), Asia-Pacific (China, Japan, India, Thailand, Australia, and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, United Arab Emirates, and the rest of LAMEA).
The impact of the COVID-19 outbreak was moderate on the growth of the global fox nuts market. Rise in internet penetration and surge in e-commerce sales contributed toward the growth of the market. However, trade restrictions and lockdown resulted into halting of production and manufacturing units. Conversely, the recovery of the fox nuts market is expected in near future.
The fox nuts market growth is expected to be driven by increased popularity of fox nuts among all age groups, hectic & busy lifestyle, and innovative snack product variants. Moreover, health advantages of fox nuts are driving the growth of global market. As per the Indian Journal of Traditional Knowledge, the lotus seeds are highly nutritious and edible after processing. Furthermore, increased awareness among the young generation and fitness admirers has resulted in a significant increase in the consumer base, which is attracting a large number of private companies into the industry, making it highly lucrative.
Key Benefits For Stakeholders
Key Market Segments
By Type
By Nature
By Application
By Distribution Channel
By Region