Cashew Export Promotion Council of India (CEPCI)
In the country, CEPCI has urged the Union government to allocate sufficient funds and put forward several schemes to boost the production of cashews. This initiative is required to drive the cashew market.
CEPCI Issue or renew RCM (Registration Cum Membership Certificates) to its members. The certificate helps for export-related works and availing duty benefits under foreign trade policy in 2021.
India is the major cashew consuming country in the Asia-Pacific, positioned as the largest producer of raw cashew nut (RCN) globally. The major cashew producing Indian states are Andhra Pradesh, Maharashtra, Orissa, Kerala, Tamil Nadu and Karnataka. Maharashtra is the largest cashew producing state. It is well-drained lateritic and sandy soils along the coastal belt with undulating topography and climatic conditions like modest temperature, high humidity, and high rainfall in the Konkan region Maharashtra is recognised as the most beneficial for cashew plantation. India Cashew Industry will grow with a CAGR of 5.00% during 2020-2027.
Cashew is one of India's primary foreign exchange-earners and the second-biggest dollar earner. India imports and exports cashew products in the international market, such as the UAE, Netherlands, Japan, Saudi Arabia, Spain, Germany, and the United States. In addition to domestic production, India also imports raw cashew from other countries like Vietnam, Tanzania, Netherlands, Kuwait, Kenya etc., besides many other small countries.
In the COVID-19 pandemic, cashew consumption and supply has taken a massive hit, the future of the cashew industry hangs in the balance. Export volume of cashew has hit an all-time low, and domestic sales have fallen due to the absence of pilgrims, large-scale festivals and events in India. Major Key players covered in Indian cashew markets are Wonderland Foods, Kalbavi Cashews, Britannia Industries Limited and Haldirams. In 2021, Haldirams and Future life bring a nutritional product range to India.
This latest report India Cashew Market by production (Maharashtra, Andhra Pradesh, Orissa, Karnataka, Kerala, Tamil Nadu, Goa, West Bengal, Jharkhand, Others), Export (UAE, Netherlands, Japan, Saudi Arabia, Spain, Germany, United States, Kuwait, Qatar, Singapore), Import (Vietnam, Tanzania, Netherlands, Kuwait, Kenya, Japan, Spain, Indonesia, EI Salvador), Company (Wonderland Foods, Kalbavi Cashews, Britannia Industries Limited, Haldirams)” studies the India Cashew Industry. The report also comprises qualitative factors such as drivers, restraints, and opportunities.
States - India Cashew Production has been covered from 10 viewpoints
1. Maharashtra
2. Andhra Pradesh
3. Orissa
4. Karnataka
5. Kerala
6. Tamil Nadu
7. Goa
8. West Bengal
9. Jharkhand
10. Others
Countries - India Cashew Export Market have been covered from 10 viewpoints
1. UAE
2. Netherland
3. Japan
4. Saudi Arabia
5. Spain
6. Germany
7. United States
8. Kuwait
9. Qatar
10. Singapore
Countries - India Cashew Import Market have been covered from 9 viewpoints
1. Vietnam
2. Tanzania
3. Netherlands
4. Kuwait
5. Kenya
6. Japan
7. Spain
8. Indonesia
9. EI Salvador
Company Analysis
- Overview
- Recent Development
- Revenue Analysis
Company Analysis:
1. Wonderland Foods
2. KalbaviCashews
3. Britannia Industries Limited
4. Haldirams
Table of Contents
Companies Mentioned
- Wonderland Foods
- KalbaviCashews
- Britannia Industries Limited
- Haldirams
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | July 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 807.41 Million |
| Forecasted Market Value ( USD | $ 1136.31 Million |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | India |
| No. of Companies Mentioned | 4 |
