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,

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

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?