Cashew Nut Shell Liquid Market Size, Trends, Analysis, and Outlook By Product (Phenol Formaldehyde (PF) Resins, Epoxy Modifiers & Resins, Epoxy Curing Agents, Surfactants, Polyols & NCO Blocking Agents, Friction Materials, Others), By Application (Adhesi

Cashew Nut Shell Liquid Market Size, Trends, Analysis, and Outlook By Product (Phenol Formaldehyde (PF) Resins, Epoxy Modifiers & Resins, Epoxy Curing Agents, Surfactants, Polyols & NCO Blocking Agents, Friction Materials, Others), By Application (Adhesives, Coatings, Foams & Insulation, Laminates, Friction Linings, Personal Care, Others), by Country, Segment, and Companies, 2024-2032


Global Casein Market Size is valued at $3.2 Billion in 2024 and is forecast to register a growth rate (CAGR) of 6.5% to reach $5.3 Billion by 2032.

The casein market is growing as demand for high-protein food ingredients rises, particularly in the sports nutrition and dietary supplement sectors. Clean-label trends, focusing on minimally processed, non-GMO, and organic casein products, are driving market innovation. Additionally, the increasing popularity of dairy-based protein supplements and functional foods is contributing to the growth of the casein market. Innovations in flavor and texture enhancement are also attracting health-conscious consumers seeking versatile protein sources.

Casein Market Drivers, Trends, Opportunities, and Growth Opportunities

The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Casein survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Casein industry.

Key market trends defining the global Casein demand in 2025 and Beyond

The Casein industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.

Casein Market Segmentation- Industry Share, Market Size, and Outlook to 2032

Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.

Key strategies adopted by companies within the Casein industry

Leading Casein companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Casein companies.

Casein Market Study- Strategic Analysis Review

The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Casein Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Casein industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Casein Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Casein Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Casein market segments. Similarly, strong market demand encourages Canadian Casein companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Casein Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.

The German Casein industry remains the major market for companies in the European Casein industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Casein market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.

Asia Pacific Casein Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Casein in Asia Pacific. In particular, China, India, and South East Asian Casein markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Casein Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Casein Market Size Outlook- continues its upward trajectory across segments.

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Casein market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Casein.

Casein Company Profiles

The global Casein market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are Fonterra, Fonterra Co-operative Group, Friesland Campina, Groupe Lactalis, Lactalis Group, Royal Fries Campina N.V., Savencia Fromage, Westland Milk Products.

Recent Casein Market Developments

The global Casein market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Casein Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

Derivatives

Sodium Caseinate

Calcium Caseinate

Potassium Caseinate

End-User

Yogurt

Cheese Processing

Ready-to-eat Meals

Dairy Products

Coffee Whiteners

Confectionary

Sauce & Seasoning

Meat Processing

Beverage

Pharmaceuticals

Nutrition

Personal Care

Agriculture/Animal Feed/Poultry

Others

Function

Texturizing Agent

Flavoring Agent

Coating Agent

Binding Agent

Emulsifying Agent

Heat Stabilizing Agent

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Fonterra

Fonterra Co-operative Group

Friesland Campina

Groupe Lactalis

Lactalis Group

Royal Fries Campina N.V.

Savencia Fromage

Westland Milk Products

Formats Available: Excel, PDF, and PPT


Chapter 1: Executive Summary
1.1 Study Scope
1.2 Market Definition
1.3 Report Guide
1.3.1 Country Coverage
1.3.2 Companies Profiled
1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
1.3.4 Units
1.4 Abbreviations
Chapter 2. Cashew Nut Shell Liquid Market Overview- 2025
2.1 An Introduction to the Global Cashew Nut Shell Liquid Markets
2.2 Key Statistics
2.3 Region Benchmarking, 2024
2.4 Country Positioning Matrix, 2024
Chapter 3. Strategic Analysis Review
3.1 Cashew Nut Shell Liquid Industry Stakeholders
3.2 Value Chain Analysis
3.3 Porter’s Five Forces Analysis
3.4 SWOT Profile
3.5 Recent Market Developments
Chapter 4. Impact Analysis and Scenario Forecasts
4.1 Russia-Ukraine Conflict Analysis
4.2 COVID-19: Post Pandemic Recovery Analysis
4.3 US Inflation and Sluggish Growth in China
4.4 Focus on Sustainability
4.5 Low Growth Case Scenario: Global Cashew Nut Shell Liquid Market Outlook to 2032
4.6 Reference Case Scenario: Global Cashew Nut Shell Liquid Market Outlook to 2032
4.7 High Growth Case Scenario: Global Cashew Nut Shell Liquid Market Outlook to 2032
Chapter 5: Cashew Nut Shell Liquid Market Dynamics
5.1 Key Cashew Nut Shell Liquid Market Trends
5.2 Potential Cashew Nut Shell Liquid Market Opportunities
5.3 Key Market Challenges
Chapter 6: Global Cashew Nut Shell Liquid Market Analysis and Outlook to 2032
6.1 Global Market Outlook by Segments, 2021 to 2032
6.2 Product
Phenol Formaldehyde (PF) Resins
Epoxy Modifiers & Resins
Epoxy Curing Agents
Surfactants
Polyols & NCO Blocking Agents
Friction Materials
Others
Application
Adhesives
Coatings
Foams & Insulation
Laminates
Friction Linings
Personal Care
Others
6.3 Global Market Outlook by Region, 2021 to 2032
Chapter 7: North America Cashew Nut Shell Liquid Market Analysis and Outlook to 2032
7.1 North America Market Outlook by Segments, 2021- 2032
7.2 Product
Phenol Formaldehyde (PF) Resins
Epoxy Modifiers & Resins
Epoxy Curing Agents
Surfactants
Polyols & NCO Blocking Agents
Friction Materials
Others
Application
Adhesives
Coatings
Foams & Insulation
Laminates
Friction Linings
Personal Care
Others
7.3 North America Market Outlook by Country, 2021- 2032
7.3.1 United States Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
7.3.2 Canada Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
7.3.3 Mexico Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
Chapter 8: Europe Cashew Nut Shell Liquid Market Analysis and Outlook to 2032
8.1 Europe Market Outlook by Segments, 2021- 2032
8.2 Product
Phenol Formaldehyde (PF) Resins
Epoxy Modifiers & Resins
Epoxy Curing Agents
Surfactants
Polyols & NCO Blocking Agents
Friction Materials
Others
Application
Adhesives
Coatings
Foams & Insulation
Laminates
Friction Linings
Personal Care
Others
8.3 Europe Market Outlook by Country, 2021- 2032
8.3.1 Germany Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
8.3.2 France Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
8.3.3 United Kingdom Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
8.3.4 Spain Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
8.3.5 Italy Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
8.3.6 Russia Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
8.3.7 Rest of Europe Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
Chapter 9: Asia Pacific Cashew Nut Shell Liquid Market Analysis and Outlook to 2032
9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
9.2 Product
Phenol Formaldehyde (PF) Resins
Epoxy Modifiers & Resins
Epoxy Curing Agents
Surfactants
Polyols & NCO Blocking Agents
Friction Materials
Others
Application
Adhesives
Coatings
Foams & Insulation
Laminates
Friction Linings
Personal Care
Others
9.3 Asia Pacific Market Outlook by Country, 2021- 2032
9.3.1 China Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
9.3.2 India Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
9.3.3 Japan Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
9.3.4 South Korea Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
9.3.5 Australia Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
9.3.6 South East Asia Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
9.3.7 Rest of Asia Pacific Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
Chapter 10: South America Cashew Nut Shell Liquid Market Analysis and Outlook to 2032
10.1 South America Market Outlook by Segments, 2021- 2032
10.2 Product
Phenol Formaldehyde (PF) Resins
Epoxy Modifiers & Resins
Epoxy Curing Agents
Surfactants
Polyols & NCO Blocking Agents
Friction Materials
Others
Application
Adhesives
Coatings
Foams & Insulation
Laminates
Friction Linings
Personal Care
Others
10.3 South America Market Outlook by Country, 2021- 2032
10.3.1 Brazil Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
10.3.2 Argentina Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
10.3.3 Rest of South America Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
Chapter 11: Middle East and Africa Cashew Nut Shell Liquid Market Analysis and Outlook to 2032
11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
11.2 Product
Phenol Formaldehyde (PF) Resins
Epoxy Modifiers & Resins
Epoxy Curing Agents
Surfactants
Polyols & NCO Blocking Agents
Friction Materials
Others
Application
Adhesives
Coatings
Foams & Insulation
Laminates
Friction Linings
Personal Care
Others
11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
11.3.1 Saudi Arabia Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
11.3.2 The UAE Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
11.3.3 Rest of Middle East Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
11.3.4 South Africa Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
11.3.4 Rest of Africa Cashew Nut Shell Liquid Market Size Forecast, 2021- 2032
Chapter 12: Competitive Landscape
12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
12.2 Key Companies Profiled in the Study
12.3 Adarsh Industrial Chemicals
Admark Polycoats Pvt. Ltd
Cardolite Company
Cashew Chem India
Cat Loi Cashew Oil Production & Export Joint Stock Company (CAT LOI)
Golden Cashew Products Pvt. Ltd
Paladin Paints & Chemicals Pvt. Ltd
Palmer International
SENESEL
Zhejiang Wansheng
Chapter 13: Sources and Research Methodology
13.1 Primary and Secondary Sources
13.2 Research Methodology
13.3 Data Triangulation and Validation
13.4 Assumptions and Limitations
13.5 Forecast Methodology
Appendix
A: Highlights of the Q4-2024 Version
B: Conclusion and Future Recommendations
C: Customization Options
D: Contact Information
List of Figures
Figure 1: Country Analysis: Largest Market Share (%)- 2024 vs. 2032
Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
Figure 3: Population Outlook by Country, 2010- 2032
Figure 4: Inflation Outlook by Country (%), 2024- 2032
Figure 5: Global Cashew Nut Shell Liquid Market Outlook by Type, 2021- 2032
Figure 6: Global Cashew Nut Shell Liquid Market Outlook by Application, 2021- 2032
Figure 7: Global Cashew Nut Shell Liquid Market Outlook by Region, 2021- 2032
Figure 8: North America Cashew Nut Shell Liquid Market Snapshot, Q4-2024
Figure 9: North America Cashew Nut Shell Liquid Market Size Forecast by Type, 2021- 2032
Figure 10: North America Cashew Nut Shell Liquid Market Size Forecast by Application, 2021- 2032
Figure 11: North America Cashew Nut Shell Liquid Market Share by Country, 2023
Figure 12: Europe Cashew Nut Shell Liquid Market Snapshot, Q4-2024
Figure 13: Europe Cashew Nut Shell Liquid Market Size Forecast by Type, 2021- 2032
Figure 14: Europe Cashew Nut Shell Liquid Market Size Forecast by Application, 2021- 2032
Figure 15: Europe Cashew Nut Shell Liquid Market Share by Country, 2023
Figure 16: Asia Pacific Cashew Nut Shell Liquid Market Snapshot, Q4-2024
Figure 17: Asia Pacific Cashew Nut Shell Liquid Market Size Forecast by Type, 2021- 2032
Figure 18: Asia Pacific Cashew Nut Shell Liquid Market Size Forecast by Application, 2021- 2032
Figure 19: Asia Pacific Cashew Nut Shell Liquid Market Share by Country, 2023
Figure 20: South America Cashew Nut Shell Liquid Market Snapshot, Q4-2024
Figure 21: South America Cashew Nut Shell Liquid Market Size Forecast by Type, 2021- 2032
Figure 22: South America Cashew Nut Shell Liquid Market Size Forecast by Application, 2021- 2032
Figure 23: South America Cashew Nut Shell Liquid Market Share by Country, 2023
Figure 24: Middle East and Africa Cashew Nut Shell Liquid Market Snapshot, Q4-2024
Figure 25: Middle East and Africa Cashew Nut Shell Liquid Market Size Forecast by Type, 2021- 2032
Figure 26: Middle East and Africa Cashew Nut Shell Liquid Market Size Forecast by Application, 2021- 2032
Figure 27: Middle East and Africa Cashew Nut Shell Liquid Market Share by Country, 2023
Figure 28: United States Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 29: Canada Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 30: Mexico Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 31: Germany Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 32: France Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 33: United Kingdom Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 34: Spain Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 35: Italy Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 36: Russia Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 37: Rest of Europe Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 38: China Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 39: India Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 40: Japan Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 41: South Korea Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 42: Australia Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 43: South East Asia Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 44: Rest of APAC Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 45: Brazil Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 46: Argentina Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 47: Rest of LATAM Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 48: Saudi Arabia Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 49: UAE Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 50: South Africa Cashew Nut Shell Liquid Market Size Outlook, $ Million, 2021- 2032
Figure 51: Research Methodology
Figure 52: Forecast Methodology
List of Tables
Table 1: Market Scope and Segmentation
Table 2: Global Cashew Nut Shell Liquid Market Size Outlook, $Million, 2021 to 2032
Table 3: Low Case Scenario Forecasts
Table 4: Reference Case Scenario Forecasts
Table 5: High Growth Scenario Forecasts
Table 6: Global Cashew Nut Shell Liquid Market Size Outlook by Segments, 2021- 2032
Table 7: Global Cashew Nut Shell Liquid Market Size Outlook by Region, 2021- 2032
Table 8: Country Mapping, 2023 vs. 2032
Table 9: North America- Cashew Nut Shell Liquid Market Outlook by Type, 2021- 2032
Table 10: North America- Cashew Nut Shell Liquid Market Outlook by Country, 2021- 2032
Table 11: Europe - Cashew Nut Shell Liquid Market Outlook by Type, 2021- 2032
Table 12: Europe - Cashew Nut Shell Liquid Market Outlook by Country, 2021- 2032
Table 13: Asia Pacific - Cashew Nut Shell Liquid Market Outlook by Type, 2021- 2032
Table 14: Asia Pacific - Cashew Nut Shell Liquid Market Outlook by Country, 2021- 2032
Table 15: South America- Cashew Nut Shell Liquid Market Outlook by Type, 2021- 2032
Table 16: South America- Cashew Nut Shell Liquid Market Outlook by Country, 2021- 2032
Table 17: Middle East and Africa - Cashew Nut Shell Liquid Market Outlook by Type, 2021- 2032
Table 18: Middle East and Africa - Cashew Nut Shell Liquid Market Outlook by Country, 2021- 2032
Table 19: Business Snapshots of Leading Cashew Nut Shell Liquid Companies
Table 20: Product Profiles of Leading Cashew Nut Shell Liquid Companies
Table 21: SWOT Profiles of Leading Cashew Nut Shell Liquid Companies

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