Market Size in 2021 | Market Forecast in 2028 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 130 million | USD 202 million | CAGR at 7.3% | 2021 |
FrequentlyAsked Questions
Fox nuts have emerged as a popular snack among people due to the fact that they are a good source of potassium, zinc, protein, magnesium, phosphorus, carbohydrate, and many other minerals and vitamins. There is a significant surge in the health consciousness among people. The eating habits of consumers have also transformed drastically in recent years.
The global fox nuts market is expected to spur significantly from $130 million in 2021 to $202 million in 2028. The market is likely to rise with a healthy annual compound rate of 7.3% during the forecast period.
Some of the significant players in the global fox nuts market include Shakti Sudha, Manju Makhana, Sattviko, K.K. Products, and Maruti Makhana.
Asia Pacific accounts for the largest share in the global fox nuts market as the major production clusters for fox nuts are located in Japan and India. India is likely to hold a strong foothold in the market due to the presence of production clusters in the Bihar and Uttar Pradesh regions.
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