Fox Nuts Market Analysis APAC, EMEA, Americas - US, India, China, Japan, Thailand - Size and Forecast 2023-2027

Published: Feb 2023 Pages: 144 SKU: IRTNTR72304

Fox Nuts Market Forecast 2023-2027

The fox nuts market size is forecast to increase by USD 59.09 million, at a CAGR of 8.21% between 2022 and 2027. 

The growth of the market depends on several factors, including the increasing global vegan population, the increasing popularity of fox seeds as a healthy snack, and the health benefits of fox nuts. It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Fox Nuts Market During the Forecast Period?

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Market Dynamics

The increasing global vegan population is notably driving the market growth, although factors such as the side effects of fox nuts may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Driver

The increasing global vegan population is notably driving market growth. The vegan population is increasing due to increasing awareness about the health benefits of a vegan diet. A vegan diet provides more fiber, antioxidants, and beneficial plant compounds and helps to lose excess weight, improve kidney function and lower blood sugar levels, and lower the risk of heart disease.

The number of consumers preferring plant-based diets over animal-based diets is increasing globally. Veganism is also gaining popularity in European countries such as the UK, Germany, and France. In the UK, about 5% of the population follows a vegan lifestyle. Thus, the growing global vegan population will drive the growth of the market during the forecast period.

Significant Trend

Increasing demand for fox nuts among various end-users is an emerging trend in the market. These are being utilized more frequently in a wide range of culinary products, including flavored beverages, gastronomy, snacks, breakfast cereals, bakery and confectionery, and dairy products. The consumption is gaining traction among consumers because they are included in a variety of popular diets, including the keto and vegan diets. They are also non-greasy, portable, natural, nutritious, and healthful meals that are handy and enjoyable to eat.

The demand for and consumption of premium nut-based snack items is also expanding, which encourages companies to create new products. This rising demand for the product across various end-users would drive the worldwide market during the projected period.

Major  Challenge

Side effects of fox nuts is the major challenge impeding market growth. Some people may be susceptible to allergies. Allergies, gastrointestinal issues, increases in insulin levels, and other adverse effects are some of the side effects of consuming an excessive amount. Consumption lowers blood sugar levels in diabetic patients.

Constipation, gas, and bloating can result from eating too much.  Pregnant women and diabetic people must consult their doctor before adding it to their diet. Any person taking any sort of medication must consult a physician first before consuming it. Such factors are expected to hinder the growth of the market during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Fox Nuts Market companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Shakti Sudha Agro Ventures Pvt. Ltd. - The company offers fox nuts such as Barbecue FoodYoga Makhana, Himalayan Pink Salt FoodYoga, and Schezwan FoodYoga Makhana as its key offerings. The company focuses on offering nutritional foods such as FoodYoga makhana, FoodYoga meal, and chickpea SuperShots among others as well as FoodYoga Consciousness Programs.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Harry Food Processing
  • Indian Foxnut
  • Indulge Foods P Ltd.
  • Madhubani Makhana Pvt. Ltd.
  • Mahaveer Udhyog
  • Makhana Amrit Mantra Pte. Ltd.
  • Makhanawala Natura Foods Pvt. Ltd.
  • Manju Makhana Enterprises
  • Maruti Makhana
  • Mixbox
  • MS Appkin
  • Rays Culinary Delights Pvt. Ltd.
  • Rishabh Global Industries Pvt. Ltd.
  • Sunorganic Industries Pvt. Ltd.
  • Vaaya Foods

Qualitative and quantitative market research and growth analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. In market growth analysis, data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Market?

The market share growth of the offline segment will be significant during the forecast period. Organized retailing, which includes hypermarkets and supermarkets as two of the major offline distribution channels of fox nuts, eases the purchasing process for consumers. Consumers can choose from a wide range of products in retail stores based on parameters such as price and quality. These stores are convenient for individuals who prefer the traditional way of shopping.

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The offline segment was valued at USD 58.67 million in 2017 and continued to grow until 2021Grocery and convenience stores are mainly region-centric. Owing to close proximity, some consumers have a higher propensity to purchase from convenience stores than hypermarkets, supermarkets, or other e-commerce platforms. The ease of availability of products across platforms and the easy accessibility to outlets with a broad merchandise mix is estimated to drive this segment during the forecast period.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 86% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC is expected to witness significant growth in the global market during the forecast period owing to the increasing demand for various fox nuts products, such as inorganic products and organic nuts, from health-conscious consumers in the region. For instance, in September 2021, India-based Manish Anand, a farmer, researcher, and manufacturer, launched instant makhana kheer in four flavors. Such factors will boost the growth of the market in the region. 

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides a market research report analysis of the latest market trends and analysis and growth opportunities from 2017 to 2027. 

  • Deployment Outlook 
    • Offline
    • Online
  • Product Outlook 
    • Inorganic
    • Organic
  • Region Outlook 
    • APAC
      • China
      • India
    • EMEA
      • The U.K.
      • Germany
      • France
      • Rest of Europe
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • Americas
      • The US
      • Canada
      • Mexico 

Market Analyst Overview

Fox Nuts, also known as "Makhana," are nutrient-rich dried fruits that have gained popularity due to their health benefits. These low-calorie snacks are packed with minerals, vitamins, and magnesium, making them a nutritious choice for human consumption. It can be incorporated into various food products, including soups, vegetables, and ready-to-eat items. Their versatility makes them a valuable addition to households, and their availability in supermarkets and hypermarkets ensures convenient access for consumers. As people become increasingly health-conscious, the demand for nutrient-dense snacks is on the rise. Whether enjoyed on their own or used as an ingredient in culinary creations, they contribute to a wholesome and satisfying eating experience

Fox Nuts Market Scope

Report Coverage

Details

Page number

144

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.21%

Market growth 2023-2027

USD 59.09 million

Market structure

Fragmented

YoY growth 2022-2023(%)

7.95

Regional analysis

APAC, EMEA, and Americas

Performing market contribution

APAC at 86%

Key countries

US, India, China, Japan, and Thailand

Competitive landscape

Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Caryopses Pvt. Ltd., Delci International LLP, Evolve Snacks, Guiltfree Industries Ltd., Harry Food Processing, Indian Foxnut, Indulge Foods P Ltd., Madhubani Makhana Pvt. Ltd., Mahaveer Udhyog, Makhana Amrit Mantra Pte. Ltd., Makhanawala Natura Foods Pvt. Ltd., Manju Makhana Enterprises, Maruti Makhana, Mixbox, MS Appkin, Rays Culinary Delights Pvt. Ltd., Rishabh Global Industries Pvt. Ltd., Shakti Sudha Agro Ventures Pvt. Ltd., Sunorganic Industries Pvt. Ltd., and Vaaya Foods

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Fox Nuts Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market growth market growth and trends and changes in consumer behavior
  • Growth of the industry across APAC, EMEA, and Americas
  • Thorough market analysis and report  of the market’s competitive landscape and detailed information about companies
  • Comprehensive market growth and forecasting analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global fox nuts market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global fox nuts market 2017 - 2021 ($ million)
    • 4.2 Distribution Channel Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 32: Chart on Comparison by Distribution Channel
      • Exhibit 33: Data Table on Comparison by Distribution Channel
    • 6.3 Offline - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • 6.4 Online - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 42: Market opportunity by Distribution Channel ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 43: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 45: Chart on Comparison by Product
      • Exhibit 46: Data Table on Comparison by Product
    • 7.3 Inorganic - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Inorganic - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Inorganic - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Inorganic - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Inorganic - Year-over-year growth 2022-2027 (%)
    • 7.4 Organic - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Organic - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Organic - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Organic - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Organic - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Product
      • Exhibit 55: Market opportunity by Product ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 59: Chart on Geographic comparison
      • Exhibit 60: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 EMEA - Market size and forecast 2022-2027
      • Exhibit 65: Chart on EMEA - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on EMEA - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on EMEA - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on EMEA - Year-over-year growth 2022-2027 (%)
    • 9.5 Americas - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Americas - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on Americas - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on Americas - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Americas - Year-over-year growth 2022-2027 (%)
    • 9.6 India - Market size and forecast 2022-2027
      • Exhibit 73: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.7 China - Market size and forecast 2022-2027
      • Exhibit 77: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.8 Japan - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Thailand - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Thailand - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on Thailand - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on Thailand - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Thailand - Year-over-year growth 2022-2027 (%)
    • 9.11 Market opportunity by geography
      • Exhibit 93: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 94: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 95: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 96: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 97: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 98: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 99: Matrix on vendor position and classification
            • 12.3 Caryopses Pvt. Ltd.
              • Exhibit 100: Caryopses Pvt. Ltd. - Overview
              • Exhibit 101: Caryopses Pvt. Ltd. - Product / Service
              • Exhibit 102: Caryopses Pvt. Ltd. - Key offerings
            • 12.4 Guiltfree Industries Ltd.
              • Exhibit 103: Guiltfree Industries Ltd. - Overview
              • Exhibit 104: Guiltfree Industries Ltd. - Product / Service
              • Exhibit 105: Guiltfree Industries Ltd. - Key offerings
            • 12.5 Harry Food Processing
              • Exhibit 106: Harry Food Processing - Overview
              • Exhibit 107: Harry Food Processing - Product / Service
              • Exhibit 108: Harry Food Processing - Key offerings
            • 12.6 Indian Foxnut
              • Exhibit 109: Indian Foxnut - Overview
              • Exhibit 110: Indian Foxnut - Product / Service
              • Exhibit 111: Indian Foxnut - Key offerings
            • 12.7 Indulge Foods P Ltd.
              • Exhibit 112: Indulge Foods P Ltd. - Overview
              • Exhibit 113: Indulge Foods P Ltd. - Product / Service
              • Exhibit 114: Indulge Foods P Ltd. - Key offerings
            • 12.8 Madhubani Makhana Pvt. Ltd.
              • Exhibit 115: Madhubani Makhana Pvt. Ltd. - Overview
              • Exhibit 116: Madhubani Makhana Pvt. Ltd. - Product / Service
              • Exhibit 117: Madhubani Makhana Pvt. Ltd. - Key offerings
            • 12.9 Mahaveer Udhyog
              • Exhibit 118: Mahaveer Udhyog - Overview
              • Exhibit 119: Mahaveer Udhyog - Product / Service
              • Exhibit 120: Mahaveer Udhyog - Key offerings
            • 12.10 Makhana Amrit Mantra Pte. Ltd.
              • Exhibit 121: Makhana Amrit Mantra Pte. Ltd. - Overview
              • Exhibit 122: Makhana Amrit Mantra Pte. Ltd. - Product / Service
              • Exhibit 123: Makhana Amrit Mantra Pte. Ltd. - Key offerings
            • 12.11 Makhanawala Natura Foods Pvt. Ltd.
              • Exhibit 124: Makhanawala Natura Foods Pvt. Ltd. - Overview
              • Exhibit 125: Makhanawala Natura Foods Pvt. Ltd. - Product / Service
              • Exhibit 126: Makhanawala Natura Foods Pvt. Ltd. - Key offerings
            • 12.12 Manju Makhana Enterprises
              • Exhibit 127: Manju Makhana Enterprises - Overview
              • Exhibit 128: Manju Makhana Enterprises - Product / Service
              • Exhibit 129: Manju Makhana Enterprises - Key offerings
            • 12.13 Maruti Makhana
              • Exhibit 130: Maruti Makhana - Overview
              • Exhibit 131: Maruti Makhana - Product / Service
              • Exhibit 132: Maruti Makhana - Key offerings
            • 12.14 MS Appkin
              • Exhibit 133: MS Appkin - Overview
              • Exhibit 134: MS Appkin - Product / Service
              • Exhibit 135: MS Appkin - Key offerings
            • 12.15 Rays Culinary Delights Pvt. Ltd.
              • Exhibit 136: Rays Culinary Delights Pvt. Ltd. - Overview
              • Exhibit 137: Rays Culinary Delights Pvt. Ltd. - Product / Service
              • Exhibit 138: Rays Culinary Delights Pvt. Ltd. - Key offerings
            • 12.16 Rishabh Global Industries Pvt. Ltd.
              • Exhibit 139: Rishabh Global Industries Pvt. Ltd. - Overview
              • Exhibit 140: Rishabh Global Industries Pvt. Ltd. - Product / Service
              • Exhibit 141: Rishabh Global Industries Pvt. Ltd. - Key offerings
            • 12.17 Shakti Sudha Agro Ventures Pvt. Ltd.
              • Exhibit 142: Shakti Sudha Agro Ventures Pvt. Ltd. - Overview
              • Exhibit 143: Shakti Sudha Agro Ventures Pvt. Ltd. - Product / Service
              • Exhibit 144: Shakti Sudha Agro Ventures Pvt. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 145: Inclusions checklist
                • Exhibit 146: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 147: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 148: Research methodology
                • Exhibit 149: Validation techniques employed for market sizing
                • Exhibit 150: Information sources
              • 13.5 List of abbreviations
                • Exhibit 151: List of abbreviations
              • food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                fox nuts market market

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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