Raw Cashew Nuts Market Report 2024 (Global Edition)

Global Raw Cashew Nuts Market Report 2024 Market Size Split by Type (Whole Raw Cashews, Broken Raw Cashews, Cashew Pieces, Cashew Kernels), by Processing method (Raw (Unprocessed), Roasted, Steamed), ...

Raw Cashew Nuts Market Report Description

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Raw Cashew Nuts Market Insights Video

Competitive Landscape of the Raw Cashew Nuts Market

The competitive context of the raw cashew nuts industry offers information broken down by competition. In-depth information is provided about the business's background, finances, earnings, prospective markets, R&D spending, emerging market efforts, international manufacturing locations and infrastructure, manufacturing capabilities, company advantages and disadvantages, introduction of products, goods length and dimension, and sector superiority. The earlier statistics only pertain to the companies' concentration on the raw cashew nuts industry.

In July 2024, Alphonsa Cashew Industries, a prominent participant in the Indian cashew business, became the first to get the prestigious Approved Economic Operator (AEO) T3, the highest level of the AEO system. With this achievement, Alphonsa became one of the initial food manufacturers in Kerala and among the first in India to receive this important recognition. (Source: https://www.alphonsacashew.com/newsbox/alphonsa-cashew-industries-earns-distinguished-aeo-t3-certification-from-india-customs-government-of-india)

Top Companies Market Share in Raw Cashew Nuts Industry: (In no particular order of Rank)

• Alphonsa Cashew Industries
• Nutsco Inc.
• DVK Group
• Olam International Limited
• Prime Nuts FZE
• Vietnam Cashew Processing Co
• Bismi Cashew Company
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Raw Cashew Nuts Market

Which Region Dominates the Raw Cashew Nuts Market in 2024?

According to Cognitive Market Research, North America currently dominates the raw cashew nuts market, and the region is expected to have significant growth during the projected period. This is because the selling price of transported cashews is growing at an increased pace than the quantity of utilization, and the industry's attractiveness is predicted to rise rapidly. In the United States of America, the packaged cashew industry is expected to grow due to increasing awareness of health benefits and the demand for straightforward methods to meet nutrient requirements.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) because spreads made without dairy are becoming more and more popular among consumers. The Asia-Pacific raw cashew nuts market is anticipated to grow quickly because of a number of factors, including the existence of well-developed countries, increasing interest from a variety of end users, and the availability of a major substance manufacturer.

The current report Scope analyzes Raw Cashew Nuts Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Raw Cashew Nuts

According to Cognitive Market Research, the global raw cashew nuts market size was estimated at USD XX Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the raw cashew nuts market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. The U.S. market's Stringent governmental regulations.
• The Canada raw cashew nuts market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Canada’s rising awareness among healthcare.
• The Mexico raw cashew nuts market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD XX million in 2024.

Europe Raw Cashew Nuts

According to Cognitive Market Research, the global raw cashew nuts market size was estimated at USD XX Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• The United Kingdom raw cashew nuts market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. In the UK, raw cashew nuts sales witness an upswing due to the nation's rising demand for innovative technology.
• The France raw cashew nuts market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD XX million in 2024.
• According to Cognitive Market Research, the German raw cashew nuts market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. In Germany, raw cashew nuts surged due to the presence of major market players.
• The Italy raw cashew nuts market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD XX million in 2024.
• The Russia raw cashew nuts market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD XX million in 2024.
• The Spain raw cashew nuts market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD XX million in 2024
• The Luxembourg raw cashew nuts market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD XX million in 2024.
• The Portugal raw cashew nuts market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD XX million in 2024.
• The Greece raw cashew nuts market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Europe's raw cashew nuts market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD XX million in 2024.

Asia Pacific Raw Cashew Nuts

According to Cognitive Market Research, the global raw cashew nuts market size was estimated at USD XX Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• According to Cognitive Market Research, the China raw cashew nuts market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Raw cashew nuts surged in China due to heightened attention from producers and other key participants in the industry.
• The Japan raw cashew nuts market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD XX million in 2024.
• The India raw cashew nuts market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. India's increase in urbanizations.
• The South Korean raw cashew nuts market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD XX million in 2024.
• The Australian raw cashew nuts market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD XX million in 2024.
• The South East Asia raw cashew nuts market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Asia Pacific raw cashew nuts market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD XX million in 2024.

South America Raw Cashew Nuts

According to Cognitive Market Research, the global raw cashew nuts market size was estimated at USD XX Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil raw cashew nuts market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Raw cashew nuts flourished in Brazil due to increasing demand for plant based sources.
• Argentina's raw cashew nuts market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. Argentina's rising personal disposable income .
• Colombia raw cashew nuts market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD XX million in 2024.
• Peru raw cashew nuts market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD XX million in 2024.
• Chile raw cashew nuts market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Latin America's raw cashew nuts market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD XX million in 2024.

Middle East and Africa Raw Cashew Nuts

According to Cognitive Market Research, the global raw cashew nuts market size was estimated at USD XX Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031..

• The GCC Countries raw cashew nuts market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD XX million in 2024. Raw cashew nuts sales flourish due to the presence of major market players.
• The Egypt raw cashew nuts market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD XX million in 2024.
• The South Africa raw cashew nuts market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD XX million in 2024. Raw cashew nuts sales flourished in South Africa due to increasing demand and regulatory support.
• The Turkey raw cashew nuts market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD XX million in 2024.
• The Nigeria raw cashew nuts market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of the MEA raw cashew nuts market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD XX million in 2024.

Raw Cashew Nuts Market Analysis

Raw Cashew Nuts Market Processing method Segment Analysis

According to Cognitive Market Research, the roasted segment holds the largest share of the market. This is because of their crisp appearance and heightened taste. Cashews are a popular snack and component in numerous dishes because roasting enhances their flavor. These nuts are commonly supplied in a variety of roast intensities, from just browning to highly roasted, to suit a variety of palate requirements.

In the raw cashew nuts market, raw usage has been growing quickly. Raw cashew nuts are an excellent option for those with dietary restrictions as well as those looking for plant-based snacks due to their raw nature and high-calorie content. These nuts are still full of nutrition and flavor, so they are a great choice for a variety of culinary uses, such as cooking, roasting, and adding to healthy meals.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Raw Cashew Nuts Industry. Request a Free Sample PDF!

Raw Cashew Nuts Market Packaging Segment Analysis

According to Cognitive Market Research, the bulk packaging segment holds the largest market share. Bulk packaging is utilized to protect and transport completed products or raw materials. Lower production and supply expenses can be achieved by bulk packaging. Bulk packing also helps shield goods from destruction, humidity, and vermin while in transit. Lowering the chance of injuries from carrying big objects can also increase worker protection.

In the raw cashew nuts market, the rapidly growing sector is customized packaging. There are several benefits to using custom packaging, from better product preservation to delightful unwrapping experiences that raise customer happiness. It also serves as a powerful tool for advertising, raising brand recognition, and making a lasting impact. Developing significant client interactions with customized packaging is likely achieved at a reasonable cost.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Raw Cashew Nuts Packaging Segment Analysis

Raw Cashew Nuts Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the online segment holds the largest share of the market. This is because of the simplicity and growing popularity of online shopping. Making educated purchases from the ease of the house is made simple for customers by allowing them to peruse multiple brands, evaluate costs, and check opinions. A broader assortment of cashew nuts, especially natural and unique types that might not be found in offline shops, are also frequently offered by internet retailers.

In the raw cashew nuts market, offline usage has been growing quickly. Supermarkets, shopping centers, specialty shops, and other conventional retail establishments are all included in the offline section. Retailers of cashew nuts can choose from a variety of raw and prepared choices in their grocers and supermarkets. These places offer an instant shopping experience and take advantage of tourists. By attracting specific audiences ready to spend more for clean or especially flavorful cashews, specialty stores concentrate on luxury and culinary goods.

• Bulk Packaging
• Retail Packaging (Pouches
• Jars
• Cans)
• Vacuum Sealed
• Customized Packaging

Raw Cashew Nuts Distribution Channel Segment Analysis

Raw Cashew Nuts Market End-user Industry Segment Analysis

According to Cognitive Market Research, the food and beverage segment holds the largest market share. Innovation for food and beverage businesses may assist in boosting productivity, expanding revenue streams, and simplifying procedures. The food and beverage industries will require more cashew nuts due to their superior absorption and dissolving qualities. Through the use of cashew nuts, sweet items, and prepared goods, companies may keep their products fresh and delicious for longer.

In the raw cashew nuts market, the rapidly growing sector is the pharmaceuticals. Because pharmaceuticals are shipped with the goal of being ingested by people. They stand for the most important connection in a logistical network. To make sure the drugs are given to the end user in the right way, complete oversight of every step of the manufacturing process is necessary.

• Online Retail (E-commerce Platforms)
• Offline Retail (Supermarkets
• Hypermarkets)
• Specialty Stores
• Wholesale

Raw Cashew Nuts End-use industry Segment Analysis

Conclusion

• The global raw cashew nuts market will expand significantly by 5.00% CAGR between 2024 and 2031.
• Offline is expected to dominate the raw cashew nuts market over the forecast period. Because they provide a large assortment of protein bagel brands, tastes, and formulas. Thanks to this selection, customers may readily evaluate goods and make decisions based on their tastes, nutritional needs, or nutritional goals.
• The food and beverage industry drives the raw cashew nuts market because they are reasonably priced and convenient.

• Food and Beverage
• Nut Butters and Spreads
• Cosmetics and Personal Care
• Pharmaceuticals
• Others

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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