Global Cashew Kernel Market is valued approximately at USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Cashews are high in fibre, that helps with weight growth by enhancing digestive function. The growing popularity of bone-healthy cashew snacks includes a significant increase in the use of edible cashew kernels as one of the main ingredients in desserts and cooking, particularly in Asian cuisine. They are also a key ingredient in products like muesli, energy bars, cookies, chocolate, and ice cream. The Cashew Kernel market is expanding because of factors such as growing usage of edible cashew kernels and rising number of processing units in African countries.

According to the Global Cashew Council, Cote D'Ivoire produced the rawest cashew nuts (RCN) in 2020-2021, accounting for 900,000 metric tons. India stood second with 691,000 tons, followed by Vietnam with 450,000 tons, Nigeria with 260,000 tons, Cambodia with 190,000 tons, and many more. In addition, research in the British Journal of Nutrition found that persons who eat nuts more than four times per week have a 37% lower risk of coronary heart disease. As a result, rising production and awareness about the nutritional value of the nuts is favoring the market growth. Furthermore, Successful implementation of initiatives in cashew production is creating a lucrative opportunity to the market. However, the high cost of Cashew Kernel stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Cashew Kernel Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to the rising consumption of cashew and rising demand from food industry in the region.

Major market players included in this report are:

Alphonsa Cashew Industries

Nutsco Inc.

DVK Group

Olam International Limited

Prime Nuts FZE

Vietnam Cashew Processing Co.

Bismi Cashew Company

Cashew Group,

KardiaNuts

Afokantan Benin Cashew

Recent Developments in the Market:

In July 2022, Cashew Coast and SAP collaborated together to digitally transform small-holder farmer plantations through data analysis with the Rural Sourcing Management solution, offering quality and efficiency in cashew growing, processing, and distribution.
In June 2021, For the purpose of granting the Registration-Cum-Membership Certificate (RCMC) for cashew kernels in India, the government of India granted permission to the Agricultural and Processed Food Products Export Development Authority (APEDA).
Global Cashew Kernel Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Grade, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Grade offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Grade:

White Wholes

Scorched Wholes

Dessert Wholes

White Pieces

Scorched Pieces

Dessert Pieces

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World