Fox Nuts Market Size, Share, Growth Analysis, By Application(industrial and direct human consumption), By Distribution channel(Online and offline) - Industry Forecast 2024-2031

Global Fox Nuts Market size was valued at USD 42.17 million in 2022 and is poised to grow from USD 45.71 million in 2023 to USD 87.15 million by 2031, at a CAGR of 8.40% during the forecast period (2024-2031).

Fox nuts, sometimes referred to as lotus seeds or gorgon nuts in some regions, have a number of health advantages, including a low glycemic index, low blood pressure, and a reduction in the incidence of chronic inflammation. It also helps to balance stress levels and remove toxins from the human body.

As an alternative to unhealthy snacks like popcorn or fried chips, people eat lotus seeds. It is anticipated that a growth-inspiring aspect will continue to be the growing popularity of these items among both children and adults in nations including India, China, Japan, South Korea, Singapore, and Thailand.

This rise in consumption can be ascribed to people's changing lifestyles and increased health consciousness. Additionally, it is anticipated that within the next several years, the food and beverage sector will use fox nuts as a functional ingredient due to their high protein and low fat content. Dried fruits and nuts like almonds, cashews, and walnuts were once thought of as a healthy alternative for snacking, as were raisins, prunes, dates, apricots, and figs.

This is due to their great nutritional value and advantages as a quick on-the-go snack. However, studies have continued to highlight the drawbacks of consuming excessive amounts of dried fruits due to their high calorie and sugar content.

With this knowledge, consumers are now switching to superior substitutes, creating a profitable potential for the market for lotus seeds.

US Fox Nuts Market  is poised to grow at a sustainable CAGR for the next forecast year.