Report Update: Apr 1, 2024

World - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Cashew Nut Agriculture

Cashew nut agriculture involves the cultivation and production of cashew nuts, which are a popular and widely consumed snack worldwide. Cashew nuts are actually the seeds of the cashew apple, which is a fruit that grows on the cashew tree (Anacardium occidentale). Although native to northeastern Brazil, cashew trees are now grown in many tropical regions around the world, including Africa, India, Southeast Asia, and parts of the Americas.

The cashew tree is a medium-sized evergreen tree that can grow up to 12 meters tall. It has a spreading canopy with large, leathery leaves and produces small, yellowish flowers. The cashew apple, which is an edible fruit, grows at the end of the cashew tree's branches. The cashew apple is pear-shaped and has a sweet, astringent taste. However, it is the cashew nut or kernel that is the most commercially important part of the cashew tree.

Planting and Cultivation

Cashew nut agriculture typically begins with the planting of cashew tree seedlings or grafts. The trees usually take 3-5 years to reach maturity and start bearing fruits. They are typically grown in sandy or loamy soil that is well-drained. Cashew trees require a tropical or subtropical climate with a dry season to thrive, as excessive rainfall can negatively affect the quality of the nuts.

During the cultivation process, cashew trees require regular watering and fertilization. Pruning is necessary to maintain the shape and size of the tree, as well as to facilitate the harvesting process. Cashew trees are vulnerable to various diseases and pests, including powdery mildew, black spot, and fruit flies. Therefore, proper pest and disease management practices are crucial in cashew nut agriculture.

Harvesting and Processing

Cashew nuts are harvested when the cashew apple is fully mature and starts to fall from the tree. The apples are collected from the ground and the nuts are removed from the apple by hand. The nuts are then dried in the sun or using mechanical dryers to reduce the moisture content to around 10-12%. The drying process is important to prevent the growth of mold and ensure the nuts have a longer shelf life.

After drying, the cashew nuts are separated based on their quality and size. They are then roasted to remove the outer shell and obtain the edible cashew kernel. The outer shell is discarded, while the kernels are sorted and packaged for distribution. The cashew kernels can be consumed as a snack or used as an ingredient in various culinary preparations.

Significance and Trade

Cashew nuts are one of the most valuable tree nuts globally and play a significant role in the economies of many cashew-producing countries. The cashew nut industry provides income and employment opportunities for millions of people, particularly in rural areas. Additionally, the cashew tree is a hardy plant that can withstand drought and poor soil conditions, making it a viable crop for resource-limited regions.

International trade of cashew nuts is substantial, with India, Vietnam, and Ivory Coast being the largest exporters. Cashews are exported both in their raw form and processed forms such as salted, roasted, or flavored varieties. The demand for cashew nuts continues to grow due to their nutritional value, delicate flavor, and versatile uses in cooking and baking.

Health Benefits

Cashew nuts have several health benefits that contribute to their popularity. They are an excellent source of healthy fats, vitamins, and minerals, including magnesium, phosphorus, copper, and zinc. Cashews are also rich in antioxidants and fiber, which may help improve heart health, support weight management, and enhance digestion.

However, it is important to consume cashews in moderation due to their high calorie content. Some individuals may have allergies or sensitivities to cashews, so it is advised to be cautious when introducing them to the diet.

This report provides an in-depth analysis of the global cashew nut market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 217 - Cashew nuts

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Harvested Area, By Country, 2012-2023
7. Yield, By Country, 2012-2023
8. Imports, In Physical Terms, By Country, 2012–2023
9. Imports, In Value Terms, By Country, 2012–2023
10. Import Prices, By Country Of Destination, 2012–2023
11. Exports, In Physical Terms, By Country, 2012–2023
12. Exports, In Value Terms, By Country, 2012–2023
13. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2023
19. Production, In Value Terms, 2012–2023
20. Area Harvested, 2012–2023
21. Yield, 2012–2023
22. Production, By Country, 2023
23. Production, In Physical Terms, By Country, 2012–2023
24. Harvested Area, By Country, 2023
25. Harvested Area, By Country, 2012-2023
26. Yield, By Country, 2012-2023
27. Imports, In Physical Terms, 2012–2023
28. Imports, In Value Terms, 2012–2023
29. Imports, In Physical Terms, By Country, 2023
30. Imports, In Physical Terms, By Country, 2012–2023
31. Imports, In Value Terms, By Country, 2012–2023
32. Import Prices, By Country, 2012–2023
33. Exports, In Physical Terms, 2012–2023
34. Exports, In Value Terms, 2012–2023
35. Exports, In Physical Terms, By Country, 2023
36. Exports, In Physical Terms, By Country, 2012–2023
37. Exports, In Value Terms, By Country, 2012–2023
38. Export Prices, 2012–2023