The Brazil cashew market size reached USD 0.17 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 0.23 Billion by 2033, exhibiting a growth rate (CAGR) of 3.75% during 2025-2033. The market is primarily driven by the increasing demand for healthier snack options, rising production capacity of cashews, improved government financial support, and sustainable farming practices boosting production efficiencies and market reach.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 0.17 Billion |
Market Forecast in 2033 | USD 0.23 Billion |
Market Growth Rate (2025-2033) | 3.75% |
Increased Production Capacity
According to the Brazilian Institute of Geography and Statistics (IBGE), Brazil's cashew production has witnessed a sharp growth as a result of the dominant key cashew-producing states such as Ceará, which has been boosting output by making strategic upgrades in farming techniques. Secondly, the general implementation of latest agricultural methods, including precision farming and improved pest control measures, has significantly contributed to enhancing production per hectare. In addition, the use of sophisticated irrigation systems has assisted in lessening the effects of erratic rain patterns, a problem faced by most farmers in Brazil's semi-arid areas. Additionally, farmers can maintain steady cashew yields during drought seasons by enhancing water management. In addition to this, a number of investments in research and development (R&D) have also helped the growth, with new varieties of cashews being grown that are more disease-resistant and climate-tolerant. This enhanced production capability enhances Brazil's position in the international cashew market and offers greater scope for local farmers to improve their livelihoods through increased yields and better product quality.
Supportive Government Initiatives
The government of Brazil has been instrumental in promoting the development of the cashew industry through interventionist policies and strategies. The government has, over the years, introduced schemes to offer subsidies for cashew production with the aim of increasing the efficiency and sustainability of small and medium-scale farmers. According to the United States Department of Agriculture (USDA), Brazil has unveiled new figures of government-backed credit and financing for the 2024-2025 agricultural season. In addition, on 3 June 2024, Brazilian President Luís Inacio Lula da Silva declared R$ 475.5 Billion (around US$ 88.2 Billion, at prevailing exchange rates) in funding for Brazil's Crop Plan 2024-2025. This year's announcement is a notional record (in Brazilian Real [R$]) and a 9% rise from 2023-2024's R$ 435.8 Billion (US$ 80.9 Billion). Such subsidies aim at enhancing overall productivity while minimizing operation expenses, so cashew cultivation becomes feasible, particularly for smaller-scale operators. Furthermore, training programs supported by the government have been initiated to train farmers on sustainable farming methods, pest control, and proper water utilization. This assistance has enhanced productivity and promoted the use of eco-friendly farming practices. Consequently, Brazil's cashew industry is becoming stronger and competitive, with higher production adding to the development of the local economy and the nation's export capacity in the market.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on form, distribution channel, and application.
Form Insights:
The report has provided a detailed breakup and analysis of the market based on the form. This includes whole, roasted, powder, paste and splits.
Distribution Channel Insights:
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes supermarkets, retailers, online stores and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes dairy products, bakery products, snacks and bars, confectionaries, cereals, desserts, beverages, cosmetic products and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Southeast, South, Northeast, North and Central-West.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Forms Covered | Whole, Roasted, Powder, Paste, and Splits |
Distribution Channels Covered | Supermarkets, Retailers, Online Stores, and Others |
Applications Covered | Dairy Products, Bakery Products, Snacks and Bars, Confectionaries, Cereals, Desserts, Beverages, Cosmetic Products, and Others |
Regions Covered | Southeast, South, Northeast, North and Central-West |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: