Report Ocean introduces a fresh report examining the Global Cashew Kernel Market, encompassing its size, share, growth, industry trends, and forecast up to 2032. This comprehensive analysis delves into various industry components and growth patterns that offer valuable insights for anticipating the market’s future trajectory.
Obtain a comprehensive report on the Global Cashew Kernel Market, which includes a full table of contents, over 200 tables and figures, and charts. The report provides precise information on the market before and after the COVID-19 outbreak, segmented by region.
Global Cashew Kernel Market is valued approximately at USD $$ billion in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2032.
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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).
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
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Comprehensive Market Insights: Delve into the depths of the Cashew Kernel Market Report to gain an all-encompassing and meticulous analysis of the market landscape. Uncover details such as market size, share, trends, and growth catalysts, which provide invaluable perspectives on both the present market scenario and its promising future prospects.
Reliable Projections: Rely on the report’s dependable forecasts and projections, which are underpinned by rigorous research methodologies, insights into industry expenditures, and assessments of market expansion rates. These foresights empower businesses to make well-informed decisions and chart out effective strategies for the times ahead.
In-depth Competition Analysis: Equip yourself with an extensive evaluation of key market players, their array of products, and the strategies they employ. This comprehensive understanding arms businesses with the knowledge needed to not only comprehend their rivals but also to craft strategies that position them ahead in the dynamic market arena.
Clear Market Scope and Segmentation: Gain clarity on the broad expanse of the market through the report’s clear delineation of market scope. With detailed insights into diverse market segments and their growth potential, businesses can discern and capitalize on opportunities that align with their objectives.
Insightful Regional Examination: Assess the market’s performance across different regions, enabling enterprises to pinpoint lucrative markets and tailor their approaches accordingly. With region-specific insights, businesses can adapt strategies that resonate with the unique dynamics of each area.
Evaluation of Industry Technology: Grasp the pulse of technological progress within the Cashew Kernel market. The report dissects cutting-edge advancements and trends, providing businesses with a window into emerging technologies that have the potential to reshape the industry.
Dynamics of Supply and Demand: Acquire a profound comprehension of supply-demand dynamics. This understanding empowers businesses to optimize production, distribution, and inventory management processes, resulting in enhanced operational efficiency.
Informed Investment Decision Making: Leverage the report’s critical information and data-driven insights to facilitate informed investment choices within the Cashew Kernel market. Equipped with this knowledge, businesses can confidently allocate resources to avenues with the greatest potential for returns.
Unveiling Long-Term Growth Avenues: Through the scrutiny of trends and growth stimulants, the report illuminates the enduring opportunities the Cashew Kernel market holds. By identifying these sustainable growth prospects, businesses are poised to set a course for lasting success.
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