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Cashew Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 142 Pages
  • May 2023
  • Region: Global
  • IMARC Group
  • ID: 5820634
Description Jump to:
The global cashew market size reached US$ 7.2 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 9.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.14% during 2023-2028.

Cashews are kidney-shaped nuts that are a good source of protein and minerals. They are low in sugar and rich in oil, fiber, protein, healthy fats, antioxidants, magnesium, zinc, copper, and phosphorus. Cashews are commonly available in powder, paste, whole, roasted, and split form. They are obtained from fruit-producing trees and grow near the sea areas and are widely used in beverages, dairy products, cereals, bars, cosmetics, and bakery products. They assist in boosting immunity, lowering blood pressure, controlling weight, enhancing brain functions, bone density, and eyesight. Cashews also provide various health benefits, such as decreasing blood cholesterol levels, preventing cardiovascular diseases, cancer, and gallstones. As a result, cashew finds extensive application as snacks and desserts in the food and beverage industry.

Cashew Market Trends:

Significant growth in the food and beverage industry across the globe is creating a positive outlook for the market. Cashews are widely used in the preparation of cheesecake, cookies, salads, chicken, noodles, and soup. In line with this, the rising consumption of healthy snacks is favoring the market growth as cashews are extensively used in energy bars, mussels, spreads, and organic bars for their high nutritional level. Moreover, the introduction of various product variants, such as the launch of flavors, including chili lime, sweet, and spicy cashew nuts, are providing a considerable boost to the market growth. Additionally, the increasing product demand in the cosmetic industry to manufacture creams and oils to prevent hair loss, enhance skin glow, and promote the growth of new skin cells is positively impacting the market growth. Apart from this, changing lifestyles and rising disposable income are anticipated to drive the market growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global cashew market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on form, distribution channel and application.

Breakup by Form:

  • Whole
  • Roasted
  • Powder
  • Paste
  • Splits

Breakup by Distribution Channel:

  • Supermarkets
  • Retailers
  • Online Stores
  • Others

Breakup by Application:

  • Dairy Products
  • Bakery Products
  • Snacks and Bars
  • Confectionaries
  • Cereals
  • Desserts
  • Beverages
  • Cosmetic Products
  • Others

Breakup by Region:

North America

  • United States
  • Canada

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others

Latin America

  • Brazil
  • Mexico
  • Others

Middle East and Africa


Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Agrocel Industries Pvt. Ltd., Aryan International, Aurora Products Inc., Bata Food (BARDAKCIGROUP), CBL Natural Foods (Pvt) Ltd., Delicious Cashew Co., Delphi Organic GmbH, Divine Foods LLC, Haldiram's, Kalbavi Cashews, Lafooco (PAN Group), Nutty Yogi, Royal Dry Fruits and Wonderland Foods.

Key Questions Answered in This Report:

  • How has the global cashew market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global cashew market?
  • What are the key regional markets?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global cashew market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cashew Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Form
6.1 Whole
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Roasted
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Powder
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Paste
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Splits
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Supermarkets
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Retailers
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Online Stores
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Dairy Products
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Bakery Products
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Snacks and Bars
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Confectionaries
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Cereals
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Desserts
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Beverages
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Cosmetic Products
8.8.1 Market Trends
8.8.2 Market Forecast
8.9 Others
8.9.1 Market Trends
8.9.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Agrocel Industries Pvt. Ltd.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Aryan International
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Aurora Products Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Bata Food (BARDAKCIGROUP)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 CBL Natural Foods (Pvt) Ltd.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Delicious Cashew Co.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Delphi Organic GmbH
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Divine Foods LLC
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Haldiram's
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Kalbavi Cashews
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Lafooco (PAN Group)
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Nutty Yogi
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.13 Royal Dry Fruits
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.14 Wonderland Foods
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
List of Figures
Figure 1: Global: Cashew Market: Major Drivers and Challenges
Figure 2: Global: Cashew Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Cashew Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Cashew Market: Breakup by Form (in %), 2022
Figure 5: Global: Cashew Market: Breakup by Distribution Channel (in %), 2022
Figure 6: Global: Cashew Market: Breakup by Application (in %), 2022
Figure 7: Global: Cashew Market: Breakup by Region (in %), 2022
Figure 8: Global: Cashew (Whole) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Cashew (Whole) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Cashew (Roasted) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Cashew (Roasted) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Cashew (Powder) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Cashew (Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Cashew (Paste) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Cashew (Paste) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Cashew (Splits) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Cashew (Splits) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Cashew (Supermarkets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Cashew (Supermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Cashew (Retailers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Cashew (Retailers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Cashew (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Cashew (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Cashew (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Cashew (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Cashew (Dairy Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Cashew (Dairy Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Cashew (Bakery Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Cashew (Bakery Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Cashew (Snacks and Bars) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Cashew (Snacks and Bars) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Cashew (Confectionaries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Cashew (Confectionaries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Cashew (Cereals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Cashew (Cereals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Cashew (Desserts) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Cashew (Desserts) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Cashew (Beverages) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Cashew (Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Cashew (Cosmetic Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Cashew (Cosmetic Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Cashew (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Cashew (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: North America: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: North America: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: United States: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: United States: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Canada: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Canada: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Asia-Pacific: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Asia-Pacific: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: China: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: China: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Japan: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Japan: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: India: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: India: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: South Korea: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: South Korea: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Australia: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Australia: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Indonesia: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Indonesia: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Others: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Others: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Europe: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Europe: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Germany: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Germany: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: France: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: France: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: United Kingdom: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: United Kingdom: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Italy: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Italy: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Spain: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Spain: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Russia: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Russia: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Latin America: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Latin America: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Brazil: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Brazil: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Mexico: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Mexico: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Others: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Others: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Middle East and Africa: Cashew Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Middle East and Africa: Cashew Market: Breakup by Country (in %), 2022
Figure 92: Middle East and Africa: Cashew Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 93: Global: Cashew Industry: SWOT Analysis
Figure 94: Global: Cashew Industry: Value Chain Analysis
Figure 95: Global: Cashew Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Cashew Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Cashew Market Forecast: Breakup by Form (in Million US$), 2023-2028
Table 3: Global: Cashew Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 4: Global: Cashew Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Cashew Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Cashew Market: Competitive Structure
Table 7: Global: Cashew Market: Key Players

Companies Mentioned

  • Agrocel Industries Pvt. Ltd.
  • Aryan International
  • Aurora Products Inc.
  • Bata Food (BARDAKCIGROUP)
  • CBL Natural Foods (Pvt) Ltd.
  • Delicious Cashew Co.
  • Delphi Organic GmbH
  • Divine Foods LLC
  • Haldiram's
  • Kalbavi Cashews
  • Lafooco (PAN Group)
  • Nutty Yogi
  • Royal Dry Fruits and Wonderland Foods

Methodology

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Table Information

Report AttributeDetails
No. of Pages142
PublishedMay 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 7.2 Billion
Forecasted Market Value ( USD ) by 2028 $ 9.3 Billion
Compound Annual Growth Rate4.4%
Regions CoveredGlobal
No. of Companies Mentioned13

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About the Cashew Market

The Cashew market is a segment of the larger Nuts, Seeds and Dried Fruit industry. Cashews are a popular snack food, and are also used in a variety of recipes. Cashews are a source of protein, fiber, and healthy fats, and are often used as a substitute for other nuts in recipes. Cashews are also used in a variety of confectionery products, such as chocolate and candy. Cashews are grown in tropical climates, primarily in India, Vietnam, and Brazil. Cashews are sold in a variety of forms, including raw, roasted, salted, and flavored. Cashews are also available in a variety of packaging, including bulk, retail, and foodservice. Cashews are widely available in supermarkets, health food stores, and online retailers. Some companies in the Cashew market include Planters, Blue Diamond, Kraft Heinz, and Sun-Maid. Other companies include Sahale Snacks, Sahale Foods, and Sahale Nut Blends. Show Less Read more

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