PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1579921
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1579921
Global Cashew Nut (As Kernels) Market Size Study, by Grade (White Wholes, Scorched Wholes, Dessert Wholes, White Pieces, Scorched Pieces, Dessert Pieces), and Regional Forecasts 2022-2032
Global Cashew Nut (As Kernels) Market is estimated at approximately USD 3.77 billion in 2023 and experiencing a compound annual growth rate (CAGR) of 4.56% during the forecast period 2024-2032. Cashew kernels, derived from the cashew nut, form an integral part of global trade and consumption, finding applications across the food, cosmetics, and pharmaceutical industries. Their high nutritional value, particularly in terms of healthy fats, proteins, and essential vitamins, has positioned them as a preferred choice for consumers seeking nutrient-dense, plant-based foods.
Consumers increasingly gravitate toward healthier snacking options and plant-based proteins, the demand for cashew kernels is set to surge. The food industry, in particular, sees expansive growth opportunities due to the increasing health-consciousness of modern diets. Despite this promising growth, the market encounters challenges, including fluctuating raw cashew nut prices and the labor-intensive nature of its production. Environmental concerns, particularly in the sourcing and processing of cashew nuts, further complicate the landscape. Nonetheless, opportunities abound through product diversification, technological advancements in processing, and the rise of veganism, which could bolster demand for cashew-based products.
Geographically, the Asia-Pacific region dominates global cashew production and export, with India and Vietnam being pivotal players. Africa, specifically countries like Nigeria and Cote d'Ivoire, is quickly emerging as a significant supplier of raw cashew nuts. North America represents one of the fastest-growing markets, driven by increased interest in healthy snacks and plant-based diets, while Europe, especially Western Europe, continues to see robust demand, supported by the rising health-conscious population and dietary shifts toward plant-based products.
Major market players included in this report are:
- Olam International Limited
- Alphonsa Cashew Industries
- DVK Group
- Nutsco Inc.
- Prime Nuts FZE
- Vietnam Cashew Processing Co.
- Bismi Cashew Company
The detailed segments and sub-segments of the market are explained below:
By Grade:
- White Wholes
- Scorched Wholes
- Dessert Wholes
- White Pieces
- Scorched Pieces
- Dessert Pieces
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with country-level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approaches.
- Demand-side and supply-side analysis of the market
Table of Contents
Chapter 1. Global Cashew Nut (As Kernels) Market Executive Summary
- 1.1. Global Cashew Nut (As Kernels) Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Grade
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Cashew Nut (As Kernels) Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Cashew Nut (As Kernels) Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Growing Demand for Healthy Snacks
- 3.1.2. Increase in Plant-Based Diets
- 3.1.3. Expanding Food Industry Applications
- 3.2. Market Challenges
- 3.2.1. Fluctuating Raw Cashew Nut Prices
- 3.2.2. Labor-Intensive Production
- 3.3. Market Opportunities
- 3.3.1. Product Diversification
- 3.3.2. Technological Advancements
- 3.3.3. Rise of Vegan Diets
Chapter 4. Global Cashew Nut (As Kernels) Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Cashew Nut (As Kernels) Market Size & Forecast by Grade (2022-2032)
- 5.1. Segment Dashboard
- 5.2. Global Cashew Nut (As Kernels) Market: Grade Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. White Wholes
- 5.2.2. Scorched Wholes
- 5.2.3. Dessert Wholes
- 5.2.4. White Pieces
- 5.2.5. Scorched Pieces
- 5.2.6. Dessert Pieces
Chapter 6. Global Cashew Nut (As Kernels) Market Size & Forecast by Region (2022-2032)
- 6.1. North America Cashew Nut (As Kernels) Market
- 6.1.1. U.S. Cashew Nut (As Kernels) Market
- 6.1.1.1. Grade Breakdown Size & Forecasts, 2022-2032
- 6.1.2. Canada Cashew Nut (As Kernels) Market
- 6.1.1. U.S. Cashew Nut (As Kernels) Market
- 6.2. Europe Cashew Nut (As Kernels) Market
- 6.2.1. UK Cashew Nut (As Kernels) Market
- 6.2.2. Germany Cashew Nut (As Kernels) Market
- 6.2.3. France Cashew Nut (As Kernels) Market
- 6.2.4. Spain Cashew Nut (As Kernels) Market
- 6.2.5. Italy Cashew Nut (As Kernels) Market
- 6.2.6. Rest of Europe Cashew Nut (As Kernels) Market
- 6.3. Asia-Pacific Cashew Nut (As Kernels) Market
- 6.3.1. China Cashew Nut (As Kernels) Market
- 6.3.2. India Cashew Nut (As Kernels) Market
- 6.3.3. Japan Cashew Nut (As Kernels) Market
- 6.3.4. Australia Cashew Nut (As Kernels) Market
- 6.3.5. South Korea Cashew Nut (As Kernels) Market
- 6.3.6. Rest of Asia-Pacific Cashew Nut (As Kernels) Market
- 6.4. Latin America Cashew Nut (As Kernels) Market
- 6.4.1. Brazil Cashew Nut (As Kernels) Market
- 6.4.2. Mexico Cashew Nut (As Kernels) Market
- 6.4.3. Rest of Latin America Cashew Nut (As Kernels) Market
- 6.5. Middle East & Africa Cashew Nut (As Kernels) Market
- 6.5.1. Saudi Arabia Cashew Nut (As Kernels) Market
- 6.5.2. South Africa Cashew Nut (As Kernels) Market
- 6.5.3. Rest of Middle East & Africa Cashew Nut (As Kernels) Market
Chapter 7. Competitive Intelligence
- 7.1. Key Company SWOT Analysis
- 7.1.1. Olam International Limited
- 7.1.2. DVK Group
- 7.1.3. Nutsco Inc.
- 7.2. Top Market Strategies
- 7.3. Company Profiles
- 7.3.1. Olam International Limited
- 7.3.1.1. Key Information
- 7.3.1.2. Overview
- 7.3.1.3. Financial (Subject to Data Availability)
- 7.3.1.4. Product Summary
- 7.3.1.5. Market Strategies
- 7.3.2. DVK Group
- 7.3.3. Nutsco Inc.
- 7.3.4. Alphonsa Cashew Industries
- 7.3.5. Vietnam Cashew Processing Co.
- 7.3.6. Prime Nuts FZE
- 7.3.7. Bismi Cashew Company
- 7.3.1. Olam International Limited
Chapter 8. Research Process
- 8.1. Research Process
- 8.1.1. Data Mining
- 8.1.2. Analysis
- 8.1.3. Market Estimation
- 8.1.4. Validation
- 8.1.5. Publishing
- 8.2. Research Attributes
