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Cashew Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global cashew market size reached US$ 6.76 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.89 Billion by 2027, exhibiting a CAGR of 4.42% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

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, along with forecasts at the global, regional and country level from 2022-2027. 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Form, Distribution Channel, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
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:

  • 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?

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$), 2016-2021
Figure 3: Global: Cashew Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Cashew Market: Breakup by Form (in %), 2021
Figure 5: Global: Cashew Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Global: Cashew Market: Breakup by Application (in %), 2021
Figure 7: Global: Cashew Market: Breakup by Region (in %), 2021
Figure 8: Global: Cashew (Whole) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Cashew (Whole) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Cashew (Roasted) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Cashew (Roasted) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Cashew (Powder) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Cashew (Powder) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Cashew (Paste) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Cashew (Paste) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Cashew (Splits) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Cashew (Splits) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Cashew (Supermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Cashew (Supermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Cashew (Retailers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Cashew (Retailers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Cashew (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Cashew (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Cashew (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Cashew (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Cashew (Dairy Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Cashew (Dairy Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Cashew (Bakery Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Cashew (Bakery Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Cashew (Snacks and Bars) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Cashew (Snacks and Bars) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Cashew (Confectionaries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Cashew (Confectionaries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Cashew (Cereals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Cashew (Cereals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Cashew (Desserts) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Cashew (Desserts) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Cashew (Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Cashew (Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Cashew (Cosmetic Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Cashew (Cosmetic Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Cashew (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Cashew (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: North America: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: North America: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: United States: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: United States: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Canada: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Canada: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Asia-Pacific: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Asia-Pacific: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: China: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: China: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Japan: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Japan: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: India: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: India: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: South Korea: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: South Korea: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Australia: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Australia: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Indonesia: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Indonesia: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Europe: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Europe: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Germany: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Germany: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: France: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: France: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: United Kingdom: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: United Kingdom: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Italy: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Italy: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Spain: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Spain: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Russia: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Russia: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Latin America: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Latin America: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Brazil: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Brazil: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Mexico: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Mexico: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Others: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Others: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Middle East and Africa: Cashew Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Middle East and Africa: Cashew Market: Breakup by Country (in %), 2021
Figure 92: Middle East and Africa: Cashew Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Cashew Market Forecast: Breakup by Form (in Million US$), 2022-2027
Table 3: Global: Cashew Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 4: Global: Cashew Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Cashew Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Cashew Market: Competitive Structure
Table 7: Global: Cashew Market: Key Players


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