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Cashew Market Report by Form (Whole, Roasted, Powder, Paste, Splits), Distribution Channel (Supermarkets, Retailers, Online Stores, and Others), Application (Dairy Products, Bakery Products, Snacks and Bars, Confectionaries, Cereals, Desserts, Beverages, Cosmetic Products, and Others), and Region 2024-2032
Market Report I 2024-07-01 I 139 Pages I IMARC Group
The global cashew market size reached US$ 7.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3.85% during 2024-2032.
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:
IMARC Group 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 2024-2032. 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
1. How big is the global cashew market?
2. What is the expected growth rate of the global cashew market during 2024-2032?
3. What are the key factors driving the global cashew market?
4. What has been the impact of COVID-19 on the global cashew market?
5. What is the breakup of the global cashew market based on the form?
6. What is the breakup of the global cashew market based on the distribution channel?
7. What are the key regions in the global cashew market?
8. Who are the key players/companies in the global cashew market?
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
Figure 1: Global: Cashew Market: Major Drivers and Challenges
Figure 2: Global: Cashew Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Cashew Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Cashew Market: Breakup by Form (in %), 2023
Figure 5: Global: Cashew Market: Breakup by Distribution Channel (in %), 2023
Figure 6: Global: Cashew Market: Breakup by Application (in %), 2023
Figure 7: Global: Cashew Market: Breakup by Region (in %), 2023
Figure 8: Global: Cashew (Whole) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Cashew (Whole) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Cashew (Roasted) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Cashew (Roasted) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Cashew (Powder) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Cashew (Powder) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Cashew (Paste) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Cashew (Paste) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Cashew (Splits) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Cashew (Splits) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Cashew (Supermarkets) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Cashew (Supermarkets) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Cashew (Retailers) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Cashew (Retailers) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Cashew (Online Stores) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Cashew (Online Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Cashew (Other Distribution Channels) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Cashew (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Cashew (Dairy Products) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Cashew (Dairy Products) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Cashew (Bakery Products) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Cashew (Bakery Products) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Cashew (Snacks and Bars) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Cashew (Snacks and Bars) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Cashew (Confectionaries) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Cashew (Confectionaries) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Cashew (Cereals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Cashew (Cereals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Cashew (Desserts) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Cashew (Desserts) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Cashew (Beverages) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Cashew (Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Cashew (Cosmetic Products) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Cashew (Cosmetic Products) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: Cashew (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: Cashew (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: North America: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: North America: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: United States: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: United States: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Canada: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Canada: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Asia-Pacific: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Asia-Pacific: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: China: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: China: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Japan: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Japan: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: India: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: India: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: South Korea: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: South Korea: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Australia: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Australia: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Indonesia: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Indonesia: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Others: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Others: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Europe: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Europe: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Germany: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Germany: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: France: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: France: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: United Kingdom: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: United Kingdom: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Italy: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Italy: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Spain: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Spain: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Russia: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Russia: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Others: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Others: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Latin America: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Latin America: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Brazil: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Brazil: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Mexico: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Mexico: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Others: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: Others: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: Middle East and Africa: Cashew Market: Sales Value (in Million US$), 2018 & 2023
Figure 91: Middle East and Africa: Cashew Market: Breakup by Country (in %), 2023
Figure 92: Middle East and Africa: Cashew Market Forecast: Sales Value (in Million US$), 2024-2032
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
Table 1: Global: Cashew Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Cashew Market Forecast: Breakup by Form (in Million US$), 2024-2032
Table 3: Global: Cashew Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 4: Global: Cashew Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Cashew Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Cashew Market: Competitive Structure
Table 7: Global: Cashew Market: Key Players
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